Bull Market Peak Escape Signal Indicator List Update: #BTC Bull Market Cycle Forecast Table
Model Conclusion: The true bull market and altcoin season have not yet erupted, and around April 2025 the overall price will enter a new high phase: the model predicts a range of 145-175K.
The power law calculation formula mainly involves the growth patterns of its price, number of users, hash rate, etc.
Here are some related power law formulas:
Relationship between price and time
Log-log relationship: ln(Price) = β0 + ln(Time) × β1 where, β0 and β1 are the intercept and slope of the price formula.
Power law relationship: Price = e^(β0 × Time^(β1)) This formula indicates that Bitcoin's price grows logarithmically over time.
Relationship between number of users and time
Power law growth: The number of Bitcoin users grows cubically over time, i.e., Users ≈ t^3 where t is time.
Relationship between hash rate and price
Power law relationship: The hash rate is proportional to the square of the price, i.e., Hash Rate ≈ Price^2.
Relationship between number of addresses and time
Power law model: The growth of Bitcoin address numbers also follows a power law model, which can be expressed by the following formula: m = 10^(-17.0161223 + 5.8451542 × log10(t.day_count)) This formula is used to calculate the number of Bitcoin addresses, where t.day_count is the number of days.
