Bitcoin's Power Law Model: Price Disparity & Future Trends

Bitcoins Power Law Model: A Closer Look at the Current Price DiscrepancyThis episode delves into the Bitcoin valuation model, focusing on the power law model. Historically, Bitcoins price has fluctuated wildly, often deviating from this model. However, in the current market cycle, the price has largely stayed close to the predicted path. Currently, Bitcoin is trading below ninety thousand dollars, thirty-two percent below the power law models prediction. This is the largest deviation since August 2024, raising questions about whether Bitcoin will return to the power law trend or continue to drop.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.