$97,793.00
4.74%$3,139.17
1.25%$5.66
-5.22%$241.27
1.87%$608.47
-0.74%$1.11
-1.44%$0.380609
-1.96%$0.99887
-0.15%$3,139.35
1.32%$0.785903
-4.92%$0.198264
0.20%$97,422.00
4.67%$0.00002388
-1.79%$33.84
-2.96%$5.42
0.07%$3,715.82
1.10%$520.57
18.03%$3.41
-7.29%$3,137.80
1.21%$14.50
-1.10%$8.75
3.63%$0.00001914
-3.74%$0.237236
-5.07%$89.60
4.20%$5.43
-5.30%$11.56
-9.67%$3,304.14
1.32%$8.76
-2.76%$0.999487
-0.09%$0.175432
-3.12%$0.122457
-1.16%$8.90
-3.07%$26.54
2.46%$0.151686
-4.60%$0.00005069
-5.03%$7.19
-9.49%$0.999765
-0.36%$24.23
0.96%$0.433228
-3.44%$465.71
-1.91%$1.21
-5.52%$3.49
-12.13%$3.11
-4.95%$162.57
1.70%$1.93
4.07%$0.692971
-0.90%$4.48
2.64%$44.00
0.33%$0.781191
7.17%$0.03134459
-3.11%$0.00025157
5.06%$6.10
-5.57%$157.72
-3.23%$0.996343
-0.21%$23.27
-3.11%$1.27
-3.69%$1.68
-4.11%$4.95
-2.53%$0.211961
-6.48%$0.461427
-3.64%$1.39
1.52%$3,142.96
1.30%$0.665713
-3.27%$5.18
-1.00%$0.206264
-9.18%$5.63
2.45%$3,509.46
1.00%$1.59
-4.65%$97,794.00
4.73%$0.156641
-8.55%$97,587.00
4.88%$3,294.13
1.29%$1.52
-8.71%$73.99
8.46%$0.514267
-3.91%$0.395667
-4.86%$1.057
-5.02%$2.09
-6.53%$3,219.70
1.44%$0.971583
-3.47%$1,537.53
2.09%$1.33
-16.48%$10.85
-0.12%$298.36
1.86%$86.90
-0.80%$9.68
-0.55%$0.00000117
7.44%$17.14
-3.91%$0.02759814
-5.46%$0.02097466
-7.67%$97,408.00
5.24%$1.067
-0.17%$0.67796
-0.94%$3.14
1.07%$0.01980858
-0.14%$1.021
-5.28%$0.433531
-3.71%$1.12
-2.67%$97,334.00
4.87%$3,128.57
0.99%$255.33
2.04%$0.639322
-0.50%$5.61
-2.44%$0.460403
-1.38%$97,565.00
4.80%$0.01958782
-5.94%$0.00004748
7.03%$0.00000236
3.66%$11.49
-1.39%$3.73
-4.71%$12.68
2.17%$0.00992456
-6.33%$0.774317
-5.75%$1.25
-2.96%$5.59
-0.90%$0.922633
-2.76%$1.21
-0.86%$0.143434
-2.03%$29.52
-1.98%$1.26
1.60%$1.12
2.84%$0.335499
-1.43%$4.86
-3.39%$0.380584
-2.13%$0.998213
-0.29%$244.90
1.87%$0.631183
-4.33%$35.39
-3.63%$0.00174974
-7.00%$0.392079
-3.14%$0.00713221
-4.06%$3,232.25
1.45%$0.00690813
-4.74%$3,140.52
1.38%$2,667.19
1.23%$0.142002
-2.94%$253.52
-1.10%$3,138.41
1.23%$0.071399
-3.84%$42.76
3.85%$0.992935
-0.34%$0.00926024
-6.16%$36.13
14.18%$1.98
-2.70%$0.04169929
0.53%$0.220953
-4.19%$18.00
0.99%$0.166809
-3.51%$0.01305273
1.00%$0.686175
-2.86%$0.0001043
-1.69%$3,398.68
1.22%$1.23
-1.74%$0.549008
4.86%$1.21
-1.33%$1.67
-4.43%$0.081397
-0.49%$0.998627
-0.17%$97,335.00
6.34%$1.87
-1.33%$2,674.09
1.49%$0.00761961
-5.63%$98,057.00
5.07%$0.077473
-1.23%$2.14
-11.64%$1.039
-5.56%$3,137.86
1.16%$0.00150502
-1.82%$1.38
-0.33%$0.497911
45.42%$0.997549
-0.40%$0.13403
-5.40%$97,349.00
4.72%$0.4477
-0.46%$3,123.95
1.16%$0.238965
-2.56%$0.160531
-1.13%$0.00000023
-4.07%$8.32
-8.25%$53.57
-1.03%$0.482999
-0.61%$0.00000047
-0.35%$0.504511
-16.06%$0.062858
-6.32%$0.371524
-6.34%$3,143.07
1.33%$0.453465
-2.16%$0.474451
-11.81%$0.065353
-2.72%$1.064
0.10%$3.59
-13.09%$0.999698
-0.09%$2.27
-4.13%$0.323846
-0.63%$99.15
-2.52%$3,365.79
1.24%$6.62
1.15%$0.997885
-0.18%$0.994643
-0.55%$3,139.95
1.13%$0.972262
-1.29%$1.068
-0.23%$0.04151729
-2.14%$3,273.93
1.12%$0.211671
-4.57%$0.00731341
-2.67%$7.82
-4.93%$1,964.43
4.82%$0.01240842
-5.24%$0.915204
-2.65%$0.01985392
-1.99%$3.40
-2.18%$0.03907159
3.32%$2.83
2.63%$97,603.00
4.68%$1.00
-0.23%$0.330894
10.04%$0.369414
75.35%$0.662334
-1.15%$3,460.56
0.83%$0.00204226
-2.08%$0.518909
-6.26%$0.00443568
-3.45%$9.93
-2.65%$0.879476
1.07%$3.30
0.82%$96,719.00
5.09%$0.414651
-1.62%$0.349953
46.27%$0.63455
-8.65%$0.346535
-2.18%$1.34
0.56%$3,324.01
1.00%$0.00
-3.05%$0.04249636
-16.23%$28.33
2.05%$0.00588693
-2.72%$4.35
2.73%$39.44
-3.76%$0.188336
-3.07%$20.64
2.79%$0.640524
-5.30%$3.12
2.78%$0.03301448
-0.82%$0.820172
12.94%$0.03259532
-1.71%$29.49
3.98%$0.02179496
-0.55%
The Bitcoin Power Law is a predictive model developed to forecast the future price of Bitcoin.
Created by Giovanni Santostasi, a former physics professor, the model purports to use mathematical and scientific principles to map out Bitcoin's price trajectory on a log-log scale.
This guide aims to explain the foundations of the Bitcoin Power Law, its predictions, and its implications in the world of cryptocurrency.
A power law is a mathematical relationship where one quantity is proportional to a fixed power of another. This principle has been observed in various natural and financial phenomena, from the orbits of planets to the dynamics of stock market changes.
The Bitcoin Power Law applies this concept to the pricing of Bitcoin, suggesting a predictable pattern of growth over time.
The Bitcoin Power Law's linear representation of price against time suggests a stable growth trajectory for Bitcoin, which Santostasi likens to the expansion of a city. This model claims to offer a more measured and reliable perspective on Bitcoin's growth, in contrast with speculative price prediction models that dominate much of the cryptocurrency discourse.
While the Bitcoin Power Law provides a fascinating outlook on Bitcoin's potential, it's crucial to approach such predictions with caution. Financial markets are inherently unpredictable, and models based on past data cannot guarantee future outcomes.
Critics argue that price projections like the Bitcoin Power Law and the now widely criticized stock-to-flow model could lead to unrealistic investor expectations.
The Bitcoin Power Law represents a novel approach to understanding Bitcoin's value progression through the lens of mathematical and scientific principles. Its creator's comparison of Bitcoin's growth to the development of a city offers a fresh perspective on cryptocurrency as a stable and evolving asset.
However, as with any predictive model, it's essential for investors and enthusiasts to maintain a critical eye on the assumptions and limitations inherent in forecasting financial futures.
Disclaimer
This article was written with the assistance of AI. Edited and fact-checked by Stephen Graves. The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
Sign up for free online courses covering the most important core topics in the crypto universe and earn your on-chain certificate - demonstrating your new knowledge of major Web3 topics.
