2013 Power-Law Model Puts Bitcoin Fair Value at $251K by 2030
- —The formula Price = 4.41877086088824E-17 × (days since genesis)^5.59806919936792 has not been refitted since 2013
- —The model projects $251K by 2030, $830K by 2035, $2.2M by 2040 and $10.6M by 2050
- —Current fair value sits near $99,000 versus a spot price of $83,555
- —Citi raised its 12-month target to $113,000; Armstrong calls $400,000 by 2030 reasonable
Why it matters: The unadjusted model has tracked the center of Bitcoin's long-term trend for 13 years, giving long-term investors a reference path.
Source: The Crypto Times