The Power Law Explained

The Bitcoin Power Law model uses logarithmic regression on historical price data to establish a long-term trend line, along with upper and lower price bands (resistance and support lines).
Formula: The model is often represented by the formula: Price = A × (days from Genesis Block)^5.8, where 5.8 is the specific growth exponent.
Mechanism: It operates on the principle of network effects, such as Metcalfe's Law (value increases with the square of users), and the feedback loop between higher prices and increased mining security.$BTC ‌#2025GateYearEndSummary #CryptoMarketMildlyRebounds
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