Logarithmic price chart
What it shows
A long-term price chart on a logarithmic scale with Bitcoin halvings marked. The log scale flattens extremes and lets you compare the strength of successive cycles, while the halving markers anchor price in the supply rhythm.
How to read it
Look at price relative to the halvings and the long-term log trend: historically the strongest expansion came 12–18 months after a halving, and a parabolic detachment from the trend preceded cool-downs. This is cycle context, not an entry signal.
Parameters
- Price on a log scale
- The logarithmic price axis shows percentage, not nominal, changes: it makes cycles comparable.
- Positive reading: Price holds above the long-term trend line after a halving, which is historically an expansion phase.
- Negative reading: A vertical, parabolic breakout far above the trend: historically a cycle overheating zone.
- Neutral reading: Sideways movement along the trend line: a consolidation / accumulation phase.
- Halving markers
- Vertical lines mark halving dates, which are moments when new supply is cut in half.
Example
~14 months after the 2024 halving price consolidates above the log trend line, which is historically a window of the cycle's expansion phase. Were it to shoot vertically far above the trend, that would historically be an overheating zone; sideways movement just after a halving is typical accumulation.