Bitcoin power law model suggests $30K floor, $1M potential this cycle – CryptoSlate

A power law model for Bitcoin predicts a minimum price floor of $30,000 and a potential peak of $1 million during this market cycle. This model suggests that Bitcoin’s price movement follows a pattern that could see it reach unprecedented highs. While these predictions are speculative, they provide insight into the potential trajectory of Bitcoin’s value in the near future. Investors and enthusiasts alike are keeping a close eye on these projections as they navigate the volatile cryptocurrency market.