The creator of the popular ‘Bitcoin Power Law’ has unveiled a chart detailing his price model’s exact BTC price targets for the next several market cycles.
Power laws have even been discovered in the financial realm, having been used to predict the average waiting time for a “We actually put a lot of time in developing meaningful indicators that use both the power law and the cyclic nature of Bitcoin using the Bitcoin clock,” the physicist, which predicts exponential gains for Bitcoin in the future without diminishing returns. The model attempts to forecast Bitcoin’s price as a function of its diminishing supply inflation following each Bitcoin halving.
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