Bitcoin Power Law Suggests A 'coiled Spring' Ready To Burst Higher:...

BTC has been glued to its fair value since March 2024 and is getting ready to spring higher, according to author and analyst Adam Livingston.

The Bitcoin (BTC) power law, which places BTC at a “fair value” of $142,000, suggests that the price of BTC is getting ready to burst to the upside, according to author and analyst Adam Livingston.

Bitcoin's upper band price by December 31, 2025, is projected at about $512,000, while the fair-value price sits at about $142,000, with the low end of the range coming in just north of the $50,000 level, Livingston said.

Price “hugging” the fair value line since March 2024 is unusual and suggests that Bitcoin is ready to explode higher, Livingston said. He added:

The bullish price prediction comes amid lowered BTC forecasts from analysts and falling crypto prices, raising investor fears that the next bear market has already started.

Related: Bitcoin OG whales keep ‘cashing out’, threatening BTC price drop to $90K

Several investment firms have lowered their BTC price predictions following a historic market crash in October that took the price of BTC below $100,000, a critical psychological price level.

Galaxy lowered its 2025 end-of-year forecast for Bitcoin from $180,000 to $120,000 on Wednesday, citing the October market crash, lower volatility due to market maturation, and investors rotating into competing narratives like AI.

“If bitcoin can maintain the $100,000 level, we believe the almost three-year bull market will remain structurally intact, though the pace of future gains may be slower,” Galaxy’s head of firmwide research, Alex Thorn, said.

Thorn added that the crypto market crash in October “materially damaged” the bullish price trend in the short-term, but said he remains bullish on Bitcoin’s long-term price action.

Source: CoinTelegraph