If Bitcoin stays near $67k, it breaks the Power Law floor by mid-December

Bitcoin has until the end of the year to recover, or the Power Law will be invalidated. The Power Law model isn’t a prophecy. It’s a time-based regression that treats Bitcoin’s lo...

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If Bitcoin stays near $67k, it breaks the Power Law floor by mid-December

Source: CryptoSlate

Bitcoin has until the end of the year to recover, or the Power Law will be invalidated. The Power Law model isn’t a prophecy. It’s a time-based regression that treats Bitcoin’s long-run price path as a power curve, and the “deadline” talk centers on a rising floor. Better yet, a lower band that rises every […]