Power Law Oscillator
CoolFits a power law regression to Bitcoin's entire price history on a log-log scale (log price vs log days since genesis). The oscillator shows where the current price sits as a percentile of its historical deviations from the power law trend.
Bitcoin's price has followed a power law since inception. When the oscillator drops below 20, price is far below the long-term trend — historically the best accumulation zones. Above 80 signals euphoria.
Methodology
A linear regression of log10(price) on log10(days since genesis) gives the power law trend: price = 10^a × days^n. The residual (log price - log trend) is computed daily, then ranked via an expanding percentile (0-100%). Low readings mean price is well below trend; high readings mean price is stretched above trend.
Zones
Last updated: 2026-03-23 | Data source: CoinMetrics Community
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