The 5D Holographic Big Bang is a novel model for the emergence of the early universe out of a 5D collapsing star (an apparent white hole), in the context of Dvali-Gabadadze-Porrati (DGP) cosmology. The model does not have a big bang singularity, and yet can address cosmological puzzles that are traditionally solved within inflationary cosmology. In this paper, we compute the exact power spectrum of cosmological curvature perturbations due to the effect of a thin atmosphere accreting into our 3-brane. The spectrum is scale-invariant on small scales and red on intermediate scales, but becomes blue on scales larger than the height of the atmosphere. While this behaviour is broadly consistent with the non-parametric measurements of the primordial scalar power spectrum, it is marginally disfavoured relative to a simple power law (at 2.7 \(\sigma \) level). Furthermore, we find that the best fit nucleation temperature of our 3-brane is at least 3 orders of magnitude larger than the 5D Planck mass, suggesting an origin in a 5D quantum gravity phase.