Bitcoin's trajectory is right on schedule when viewed through the correct lens.
Here are a few interesting observations:
By the end of 2024, the Power Law Support (historical floor) will surpass MicroStrategy's current cost basis per BTC.
By the end of 2026, it will be above the current #BTC price.
If the 4-year cycle holds, the next bear market bottom based on the Power Law Support could be between $67,000 and $74,000 around September 2026 to January 2027.
Recent range-bound price action may have been essential for reinforcing the bottom support for the next bear market, aligning with Bitcoin's higher timeframe growth patterns.
Do you agree or disagree?
Please repost if you found this insightful.
