Short excerpt from a YouTube video by Kosta Ouzas introducing the concept of cycle comparison in Bitcoin. The speaker identifies the primary signal as a power law — a long-term relationship between price and time — and states price is proportional to time^6 (the time to the six).
These first indicator that I want to discuss is we call it cycle comparison, this regularity that we observe over the years in Bitcoin, right? So first of all, the main signal is the power law. And here the power law is shown as this white line that goes through the middle, right? And everybody familiar with my work, you know what the power law is about is this long term behavior that follows. Basically, it's a simple relationship between price and time. So price is proportional to the time to the six, right? That is the idea.
