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Bitcoin Power Law Indicator Prediction: The rise will accelerate in the coming months! It is expected to increase by 4 times by the end of 2025

王林
王林Original
2024-07-16 17:27:191080browse

This site (120bTC.coM): Mt.Gox, once the world’s largest Bitcoin exchange, started repayment in July. In addition, the German and US governments have recently transferred large amounts of Bitcoin to exchanges. The two are considered The two major factors that have recently brought down the price of the encryption market have many analysts with different opinions on what the price trend of Bitcoin will be in the second half of 2024 and in the future.

Recently, anonymous engineer Apsk32 analyzed the latest Bitcoin (BTC) price on the X platform. He reviewed the "power law indicator". According to this indicator, the price of Bitcoin will "accelerate" in the next few months. , and gradually climbed up within the support range.

End of 2025: The price is expected to increase 4 times

Apsk32 pointed out that the price of Bitcoin seems to fluctuate according to specific cycles. Investors can imagine these cycles as a kind of "fractal cloud", and the price usually moves within or within this cloud. Fluctuate nearby.

In the first half of 2024, due to the influence of ETFs, the Bitcoin price exceeded the range of this cloud, but now it has returned to the original mode. Apsk32 can use two methods to judge the Bitcoin cycle:

  • Halving cycle: Bitcoin will undergo a "halving" every four years to reduce the new supply of Bitcoin (this method uses the number of days after the halving as the cycle)

  • Simple four-year cycle: do not consider halving, just every four The year is a cycle.

Apsk32 believes that the four-year cycle is more reasonable because it reflects more of the market’s psychological expectations rather than pure supply changes. If past price trends are transferred to the current four-year cycle, it will be more helpful to explain Current market behavior, which includes Bitcoin’s continued decline of 25% since it reached an all-time high of $73,800 in March this year, he said: ETF-fueled gains have taken us out of the cloud, and now we are returning. We are still more than 3 months away from accelerating the rise, and we may see a 4x price increase by the end of 2025.

Bitcoin Power Law Indicator Prediction: The rise will accelerate in the coming months! It is expected to increase by 4 times by the end of 2025

Apsk32 analyzes Bitcoin price through power law indicators

Miners reduce selling and Bitcoin spot ETF inflows increase

It remains to be seen whether Apsk32’s prediction will come true, but from the visible data, it has indeed been true in the near future There are some signs of optimism, including: Bitcoin mining companies have reduced selling over the past month, and U.S. spot ETFs have resumed net inflows, with inflows of nearly $300 million on July 8, the highest in more than a month, according to data from British investment firm Farside Investors. The highest single-day inflow since.

Bitcoin Power Law Indicator Prediction: The rise will accelerate in the coming months! It is expected to increase by 4 times by the end of 2025

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