$BNB The four-hour line is blocked

$BTC Daily trend remains unchanged, short-term correction

Good Monday morning. Bitcoin just hit 65,000!

This is a picture that perfectly fits the Bitcoin price using a mathematical power law formula. In the past three cycles, the Bitcoin price started from the bottom and followed the power law trend, showing significant regularity.

Usually at the beginning of a bull market, Bitcoin prices break away from the power law and the price increases exponentially, forming a pulse-like pattern. Typically after a year, the price peaks and then the price corrects itself.

When prices fall, it reverts back to its original power law trend, as if the bubble didn't exist.

In other words, the overall effect of the exponential rise and fall is to return to a power law.

In other words, the overall effect of the exponential rise and fall is to return to a power law.