OPEN-SOURCE SCRIPT

Rational Root Timeline

Updated

This script is based on RationalRoot's spiral btc chart. Since I dont know how to make spirals in pinescript I just flattened it out into a readable chart. All this shows is the log price for btc over a 4 year timeframe. I found it interesting how well things line up with this idea. The white circle just shows the current day price location. You need to be on the Daily timeframe to view this correctly.

Release Notes

Added a prediction line that accounts for diminishing returns. Not sure about the correct values but eh here ya go

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.