Bitcoin (BTC) today is down by 2.16% to trade at about $77,000 following extensive bond sell-offs, a hawkish Fed note, and renewed hostilities in the Middle East. While $80K remains a crucial ceiling to clear on the road to $90K, the question of when Bitcoin will permanently cross the six-figure line also lingers.
According to Giovanni Santostasi’s Bitcoin Power Law Theory, the asset is trading at roughly 56.7% below its fair value of $178,860. This is essentially the midline between the current resistance ceiling/cycle peak of $553,000 and a support line/absolute bottom of $63,460.
Source: Bitbo
Historically, Bitcoin trading at 0-10% above the lower resistance has signaled an optimal buying zone. Even more, the Power Law predicts that Bitcoin will cross the $100,000 support line for good after 2028.
Per the Power Law model, here are the projections for BTC price at the end of 2026 through 2030.
End of 2026: support line at $69,500, fair value at $198,700, and resistance ceiling at $615,000.
End of 2027: support line at $95,400, fair value at $272,500, and resistance ceiling at $844,000.
End of 2029: support line at $171,300, fair value at $489,500, and resistance ceiling at $1,515,000.
End of 2030: support line at $224,800, fair value at $642,400, and resistance ceiling at $1,990,000.
Historically, the Bitcoin Power Law has been quite reliable in long-term predictions such as the 2015, 2018, and 2022 bottoms.
It has, however, fallen short in near-term predictions due to BTC’s volatility. Furthermore, its chart assumes Bitcoin adoption will forever be up, and it fails to price in events such as halving cycles, miner capitulation, and regulatory, macroeconomic, or geopolitical shocks.
Several financial announcements are scheduled for this month, along with a Congressional vote on the Digital Assets CLARITY Act.
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