This model was conceptualised in July 2018, when it became obvious that 30 day trade volumes and marketcap bore a strong resemblance.

This led to questioning whether there was any ongoing correlation between Bitcoin's 30 day trade volumes, and price.

The data confirms that since June 2017 there has been a strong correlation.

The calculation takes the last 30 days trade volume for all BTC pairs, and divides this sum by the circulating supply at that point, to derive a 'model price' for comparison against actual price.

To zoom, click and drag with mouse.


2018-07-22: Added new data analysis page
2018-08-02: Coinmarketcap Pro API now in use (free tier)
2018-08-05: new dedicated charts site launched