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On the logarithmic chart, I would connect the bottom made in 2003 with the bottom made in 2008, and draw a parallel line across the high made in 2008. Use that trend channel as a guide.
I am sort of guessing here, but I would say that at least 90% of the articles I have seen use arithmetic charts as opposed to logarithmic charts.
The consensus in the bitcoin BTC $117,987.11 market remains bullish even though the price has held above $100,000 every day ...
Logarithmic charts typically require the use of advanced chart programming since their unit value movements are not constant but ... A linear price scale can also be known as an arithmetic chart.
This post offers reasons for using logarithmic scales, also called log scales, on charts and graphs. It explains when logarithmic graphs with base 2 are preferred to logarithmic graphs with base 10.
In the log chart, the final dot looks like it’s at around 60-70,000 deaths or so. It’s not, of course, because the the distance between 10K and 100K increases on a log scale just like the rest ...
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Is the Bitcoin Rainbow Chart showing large gains in August? - MSN
Developed in 2014, it takes the past performance of the king of crypto and projects it forward using a logarithmic chart. This smooths out some of the intense volat. Click here to read the full story.
The data look very different when plotted on what is called a logarithmic scale. In a typical graph, values on the (vertical) y-axis are plotted linearly: 1, 2, 3, and so on, or 10, 20, 30, or the ...
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