✉news BusinessCrypto first seen 5 h ago, last 3 h ago, peak #28
Bitcoin at $157K: what the Power Law calculation shows
CryptoQuant analysis points to Bitcoin reaching $157,000, based on a power law model that charts Bitcoin's long-term price growth. The calculation applies a mathematical relationship between time and price that has roughly tracked Bitcoin's historical trajectory. Traders and analysts are weighing such model-based forecasts against current market conditions as Bitcoin's next major move is debated.
Why now: Bitcoin price forecast models are drawing attention amid ongoing debate about where the cryptocurrency is headed next.
Rank over time, top of the chart is #1. 2 snapshots from 5 h ago to 3 h ago.
Evidence
- Bitcoin at $157K: what the Power Law calculation shows · CryptoQuant
API: https://socialmediatrends-api.osmike.com/v1/trends/1064663