The Ladder · updates with every daily close
Where does today sit in 5,800+ days of Bitcoin?
Every daily close since 2010 lands on one rung of this ladder, based on a single question: how expensive was Bitcoin that day, measured as price ÷ power-law trend? Long bars are where Bitcoin lives. Short bars are where it rarely goes. The orange-ringed rung is where it is right now.
below trend = cheap
near trend
above trend = expensive
below the floor
Dollar ranges are today’s — they climb every day as the trend grows. Deep dives: If This Bear Rhymes · Trend Value Distribution.