Is there a longer-term parabolic trend in bitcoin? If so, we ought to be able to see some evidence for a series of tangents that can inform the construction of an concave-upwards parabola.
This chart uses the regression lines to construct those tangents, and incorporates the recent price correction by way of a tangent line that serves to flatten the implied parabola.
This chart uses the regression lines to construct those tangents, and incorporates the recent price correction by way of a tangent line that serves to flatten the implied parabola.