The physicist presented a “power law”, according to which the value of Bitcoin will reach $$10 million by 2045
Former physics professor Giovanni Santostasi published his “power law” model for predicting the price of Bitcoin (BTC), which predicted $10 million per individual BTC by 2045.
A power law is a mathematical relationship in which one value is proportional to a fixed power of another value. Power-law This means that the price of Bitcoin should not rise continuously over time, and it is still possible to account for the large price fluctuations seen most recently between 2020 and 2023 within this model.
In a follow-up post on X on March 3, Krueger laid out further mathematical power law modeling as applied to Bitcoin, which predicted that Bitcoin would reach a price of $100,000 within the next two years.
Kruger's power law simulation predicts that by 2045 the price of Bitcoin will be $10 million. Source: X
This means that the price of Bitcoin should not continually rise over time, and the model can still account for the significant price fluctuations seen most recently between 2020 and 2023.
In a follow-up post on X on March 3, Krueger laid out further mathematical power law modeling as applied to Bitcoin, which predicted that Bitcoin would reach a price of $100,000 within the next two years.
Kruger's power law simulation predicts that by 2045 the price of Bitcoin will be $10 million. Source: X
Krueger added that if Bitcoin follows the power-law model, its market capitalization will exceed gold's market capitalization by 2033, at which point Bitcoin will be worth $1 million per token.
