# Bitcoin Power Law Clock Bitcoin Power Law Clock is an indicator on [Vela](https://vela.luxalgo.com/chart), our next-generation charting platform, written in Pine Script®. The Bitcoin Power Law Clock spirals Bitcoin's price history around a 12-hour clock face built on Giovanni Santostasi's power-law model. A hand points at the current cycle position (with 12 marking the top of the cycle, 3 the bottom, 6 the transition from bear to bull, and 9 the transition to a frenzied bull market), giving macro-minded traders a one-glance cycle read. - Indicator in the LuxAlgo Library, by LuxAlgo, published Jun 20, 2025. - Access: free. - Concepts: [Crypto Cycle Models](https://www.luxalgo.com/library/concept/crypto-cycle-models/) (primary) - Open on Vela: https://vela.luxalgo.com/chart?pineScriptCodeId=cmpwn0gbq000nvhsgre4ksn62 - Page: https://www.luxalgo.com/library/indicator/bitcoin-power-law-clock/ The **Bitcoin Power Law Clock** winds nearly all of Bitcoin's price history around a 12-hour spiral, turning Giovanni Santostasi's power-law model into a clock you can read. Price and average lines spiral outward while a hand points at the current position, and the 12, 3, 6, and 9 o'clock marks correspond to the key phases of [Bitcoin's macro cycle](https://www.luxalgo.com/library/concept/crypto-cycle-models/), labeled on the chart as the top of the cycle (12), the bottom (3), the transition from bear to bull (6), and the transition to a frenzied bull market (9). It is designed for the daily Bitcoin all-time-history index, which its time-based structure requires. ## How to Trade the Bitcoin Power Law Clock? - **Hand position**: the clock time is the cycle read. A hand around 10:20, as in the reference example, suggests the late stages of an upward cycle heading toward a top. - **Quarter marks**: 12 marks the top of the cycle, 3 the bottom, 6 the transition from bear to bull, and 9 the transition to a frenzied bull market. - **Halving markers**: past halvings (2012, 2016, 2020 and 2024) sit on the price spiral as circles, anchoring the cadence the model is built around. - **Dashboard**: an optional time-and-price summary keeps the current reading pinned to a corner of the chart. Every visual layer (spirals, curved rendering, hand, price scales, hour labels) toggles independently, so the display scales from a full instrument panel down to a minimal dial. ## Bitcoin Power Law Clock Settings - **Price Spiral / Average Spiral**: visibility, color, and curved rendering for each spiral. - **Auto Scale** (enabled by default): resizes the spiral for any display; disable it to set a fixed size manually. - **Lines Width / Text Size**: spiral thickness and label sizing. - **Prices / Handle / Halvings / Hours**: individual toggles for price scales, the clock hand, halving markers, and the hour marks. - **Time & Price Dashboard**: show or hide the summary, and choose its location and size. ## Frequently Asked Questions ### What chart setup does the clock need? The daily timeframe on the Bitcoin all-time-history index (INDEX:BTCUSD). The spiral's underlying time transformation depends on that configuration, so on any other ticker or timeframe the script stops with an error message. ### How is it different from the Bitcoin Power Law channel? The [channel build](https://www.luxalgo.com/library/indicator/bitcoin-power-law/) plots the regression corridor with accumulation and overheated bands through time; the clock compresses the same theory into a single phase reading. Many keep the channel for levels and the clock for the one-glance answer to "where in the cycle are we?" ### How do I get the Bitcoin Power Law Clock? It's free from this LuxAlgo Library page, no subscription involved. On smaller screens, keep Auto Scale enabled or set a fixed size for the cleanest rendering. You can also copy the source code from this page and run it anywhere Pine Script® runs. ## Related indicators - [Bitcoin Power Law](https://www.luxalgo.com/library/indicator/bitcoin-power-law/) (Crypto Cycle Models): markdown at https://www.luxalgo.com/library/indicator/bitcoin-power-law.md - [Bitcoin Expectile Model](https://www.luxalgo.com/library/indicator/bitcoin-expectile-model/) (Crypto Cycle Models): markdown at https://www.luxalgo.com/library/indicator/bitcoin-expectile-model.md - [Volume Bubbles & Liquidity Heatmap](https://www.luxalgo.com/library/indicator/volume-bubbles-liquidity-heatmap/) (Liquidation Clusters): markdown at https://www.luxalgo.com/library/indicator/volume-bubbles-liquidity-heatmap.md - [Crypto Liquidation Heatmap](https://www.luxalgo.com/library/indicator/crypto-liquidation-heatmap/) (Liquidation Clusters): markdown at https://www.luxalgo.com/library/indicator/crypto-liquidation-heatmap.md - [Liquidation Levels](https://www.luxalgo.com/library/indicator/liquidation-levels/) (Liquidation Clusters): markdown at https://www.luxalgo.com/library/indicator/liquidation-levels.md - [Open Interest Inflows & Outflows](https://www.luxalgo.com/library/indicator/open-interest-inflows-outflows/) (Open Interest): markdown at https://www.luxalgo.com/library/indicator/open-interest-inflows-outflows.md - [Liquidations Meter](https://www.luxalgo.com/library/indicator/liquidations-meter/) (Liquidation Clusters): markdown at https://www.luxalgo.com/library/indicator/liquidations-meter.md - [Open Interest Chart](https://www.luxalgo.com/library/indicator/open-interest-chart/) (Open Interest): markdown at https://www.luxalgo.com/library/indicator/open-interest-chart.md --- Source: https://www.luxalgo.com/library/indicator/bitcoin-power-law-clock/ (LuxAlgo Library). Free to use with attribution: https://www.luxalgo.com/library/license/