Fear and Greed Index
49 -9.26%
MVRV Z Score
2.39 -0.28%
Short Term Holder Realized Price
$98,310.69 +0.01%
Bitcoin Dominance
64.3% +0.13%
Mayer Multiple
1.08 -0.92%
US vs Offshore Trading Volume
7.66%
Circulating Supply
19,881,709.375 +0.00%
Halving Countdown
29.6%
Hashrate vs Price
942.59 EH/s +19.97%
Node Map
22,022
Difficulty Estimator
79,679,234,551,296 +0.00%
Miner Revenue
$48,946,028.06 +18.18%
Network Difficulty
126.41T +0.00%
Puell Multiple
1.27 +18.01%
Exchange Trading Volume
$39.30B +53.06%
Exchange Trading Volume BTC
$11.58B +82.33%
Exchange Volume BTC Dominance
29.4% +19.10%
Monthly Exchange Volume
$828.92B
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Power Law stats
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Terminal Stats
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The Bitcoin Power Law is a mathematical model that suggests Bitcoin’s growth follows a consistent and predictable trajectory. This theory proposes that Bitcoin’s price behaves like other natural processes, which often follow power law distributions, relationships where one variable scales as a power of another. Developed by astrophysicist Giovanni Santostasi, the model applies scientific principles from physics and biology to Bitcoin’s price history, offering a unique way to understand its long-term market behavior.
At the heart of the Bitcoin Power Law is the concept of plotting Bitcoin’s price data on a log-log scale. When done, this reveals a surprisingly linear pattern, suggesting that Bitcoin’s price action is not random but follows a structured, exponential curve. According to Giovanni, this structure reflects a fundamental law of growth observed in many complex systems. He found that Bitcoin’s price, user adoption, transaction volume, and hash power all demonstrate power law behavior, with Bitcoin’s price growing approximately to the power of 5.8 over time.
Using this model, Giovanni introduced a simple formula to estimate Bitcoin’s future price: Price equals a constant multiplied by the number of days since the Genesis Block raised to the power of 5.8. Based on this, he predicts Bitcoin may reach around $210,000 by early 2026, with long-term projections extending up to $1 million by 2033. The model also anticipates price contractions between cycles, reflecting Bitcoin’s historical volatility while reinforcing its long-term uptrend.
The Bitcoin Power Law offers several benefits. It presents a mathematical foundation for understanding Bitcoin’s growth without relying on speculative assumptions. It also supports the idea of Bitcoin as a long-term store of value and may help build investor confidence by aligning Bitcoin’s market behavior with well-established scientific principles.
Despite its elegance, the model is not without limitations. It relies heavily on historical data, which may not account for future macroeconomic shifts or unpredictable events. Some of the relationships it identifies (such as the quadratic connection between price and hash rate) lack a solid theoretical explanation. Additionally, variations in input data can significantly affect model outcomes, raising concerns about its robustness across different datasets.