Bitcoin Power Law Clock
By LuxAlgoJun 20, 2025
Bitcoin Power Law Clock is an indicator on Vela, our next-generation charting platform, written in Pine Script®.
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, 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
Free to use
Run it on Vela. Go further with a paid plan.
- Up to 500 Custom Alerts, with webhook automation
- Up to 10× the chart history of Free
- Orderflow lookback up to full history
- More Quant usage to customize it, plus extra usage when you need it
- Futures data alongside crypto, stocks, forex and commodities
Also works on
Related indicators
All 3 Crypto Cycle Models indicators
Run it on Vela. Make it yours with Quant.
Open this indicator free on Vela, our next-generation charting platform. Then ask Quant, our coding agent built into Vela, to retune it or turn it into a backtested strategy of your own.