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In the ever-evolving world of digital assets, predicting bitcoin’s price trajectory has always been a challenging task. However, recent developments have shed new light on this matter, thanks to the emergence of the “Bitcoin Power Law” model. This article aims to look into what this model entails and what it predicts for Bitcoin’s future.
Understanding the Power Law Model
The Power Law Model, conceptualized by former physics professor Giovanni Santostasi in 2018, offers a unique perspective on bitcoin’s price evolution. It gained popularity again in January when finance YouTuber Andrei Jeikh discussed it in a video for his subscribers.
As per the Oxford Dictionary, a Power Law is…
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