Bitcoin Power Law Forecasts Price Bottom Of $42,800 – Details

Bitcoin’s price performance in the last week saw a slowdown to the asset’s relief rally that began in early April. According to data from CoinMarketCap, the market price declined by 1.45% in a range-bound week, during which bulls failed to overcome a key resistance level at $82,000. Notably, the current market status has led to… Continue reading Bitcoin Power Law Forecasts Price Bottom Of $42,800 – Details

Here’s When Bitcoin Could Reach $10 Million Under Power Law Model

Physicist Giovanni Santostasi says Bitcoin’s long-term price trajectory is not best understood as an S-curve, speculative bubble, or simple exponential trend, but as a power law similar to patterns found in cities, biology and other natural systems. Speaking with Nathalie Brunell on the May 12 episode of the Coin Stories podcast, the director of the… Continue reading Here’s When Bitcoin Could Reach $10 Million Under Power Law Model

Bitcoin Price Could Soar To $146K In The Next Leg Up — Analyst Explains How

After going on an impressive run to close the week, the Bitcoin price has become relatively steady over this weekend. The premier cryptocurrency has shown some signs of indecision and continued to move sideways within the $117,000 and $118,000 range.  According to a prominent online pundit, the Bitcoin price might be at a critical juncture… Continue reading Bitcoin Price Could Soar To $146K In The Next Leg Up — Analyst Explains How