📊Live Interactive Chart
Introduction to the Live Interactive Chart
Last updated
Introduction to the Live Interactive Chart
Last updated
This guide explores how to use the interactive chart to visualize Bitcoin's price trend according to Giovanni Santostasi's Bitcoin Powerlaw theory.
The chart is created with Plotly
, it is an open-source graphing library that allows for the creation of interactive and highly customizable visualizations.
To access the interactive graph, use the link in the top menu.
Let's look on how to use the chart and the Plotly toolbar, as well as how to interact with the radio button for switching between linear and logarithmic scales.
Title: "Bitcoin Power Law"
X-axis: Represents time, spanning from 2010 to 2032.
Y-axis: Represents the Bitcoin price in USD, on a logarithmic scale.
Lines and Colors:
Blue Line (Price + Deviation):
Actual historical price data.
Actual deviation from the power law.
White Line (Waves): Full model of Bitcoin Power Law theory, it is a sinusoidal wave showing the cycles.
Dashed Lines:
Projection: Represents the full model projection.
Red (+250%): 250% deviation from the power law.
Orange (+150%): 150% deviation from the power law.
Light Orange (+60%): 60% deviation from the power law.
Yellow (Power Law): Represents the power law model.
Green (-30%): 30% deviation from the power law.
Cyan (-60%): 60% deviation from the power law.
Vertical Dashed Lines: Indicate Bitcoin halving events.
Legend: Describes the lines and their respective meanings.
Linear/Log Radio Button: Allows switching between linear and logarithmic scales for the Y-axis.
The chart visualizes Bitcoin price data with various projections and historical events. The Plotly toolbar allows for interactive exploration of the data, and the radio button lets you switch between different scales to better understand price trends.