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The Rand Group presented a model that suggests Bitcoin bear market lows have followed a power law since 2009. According to their calculations, the bottom could reach $61,000 by 2026, $188,000 by 2030, and rise to $582,000 by 2035.
The experts emphasized that the model does not attempt to predict the exact moment of the bottom, but only shows where it might be. This approach, in their opinion, sets a long-term benchmark for price levels.
The article also cites the opinion of analyst That Martini Guy, who noted that Bitcoin's recovery from $58,000 to $65,000 was not accompanied by a sharp increase in open interest and leverage. He considers this a sign of a healthier market, although he does not rule out a possible downward pullback.
The experts emphasized that the model does not attempt to predict the exact moment of the bottom, but only shows where it might be. This approach, in their opinion, sets a long-term benchmark for price levels.
The article also cites the opinion of analyst That Martini Guy, who noted that Bitcoin's recovery from $58,000 to $65,000 was not accompanied by a sharp increase in open interest and leverage. He considers this a sign of a healthier market, although he does not rule out a possible downward pullback.