Bitcoin is ahead of its long-term “power law” curve, historically leading to euphoric price highs in previous cycles. A falling dollar and anticipated Federal Reserve interest rate cuts may trigger a ...
Over a long enough time frame, every long term valuation model for bitcoin has eventually been broken, yet the one that has maintained the strongest narrative this cycle has been the power law model.
Bitcoin is trading 45% below its long-run trend, suggesting structural undervaluation rather than euphoric excess. A Z-score of -0.87 indicates BTC is statistically inexpensive, far from historical ...