Markets· ★★· neutral· October 6, 04:48

Power law model puts bitcoin at a $157,800 threshold

—The power-law model measures bitcoin's deviation from its historical trend
—The model's threshold level is $157,800
—The method is based on bitcoin's full price history

Why it matters: The power-law reference helps traders gauge whether BTC is overheated or undervalued relative to its long-term trend.

Source: CriptoNoticias

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