Markets· ★★★· bullish·

CryptoQuant: Bitcoin not overheated until $157,800 under Power Law model

  • —Power Law oscillator sits at +34.5 versus +100 or higher at past cycle tops
  • —The +100 level maps to a Bitcoin price of about $157,800
  • —Oscillator peaks have declined from +169 in 2018 to +102 in 2025
  • —Standard deviation of daily oscillator moves fell 49%, from 4.81 to 2.47 points
Why it matters: The model suggests Bitcoin is far from historical overheating territory, though it is a reference gauge rather than a price forecast.
Source: Blockmedia