coin-img-ETHETH+0.84%coin-img-BTCBTC+0.11%coin-img-SOLSOL-0.21%coin-img-UCNUCN+0.54%coin-img-XRPXRP+0.64%coin-img-USDCUSDC+0.02%coin-img-TAOTAO+21.54%coin-img-ASTERASTER+3.28%coin-img-ETHETH+0.84%coin-img-BTCBTC+0.11%coin-img-SOLSOL-0.21%coin-img-UCNUCN+0.54%coin-img-XRPXRP+0.64%coin-img-USDCUSDC+0.02%coin-img-TAOTAO+21.54%coin-img-ASTERASTER+3.28%coin-img-ETHETH+0.84%coin-img-BTCBTC+0.11%coin-img-SOLSOL-0.21%coin-img-UCNUCN+0.54%coin-img-XRPXRP+0.64%coin-img-USDCUSDC+0.02%coin-img-TAOTAO+21.54%coin-img-ASTERASTER+3.28%coin-img-ETHETH+0.84%coin-img-BTCBTC+0.11%coin-img-SOLSOL-0.21%coin-img-UCNUCN+0.54%coin-img-XRPXRP+0.64%coin-img-USDCUSDC+0.02%coin-img-TAOTAO+21.54%coin-img-ASTERASTER+3.28%
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Liam 'Akiba' Wright

Bitcoin Trades 20% Below Power Law Fair Value of $136,100

Bitcoin is trading near $109,700, approximately 20% below the power law model's fair value of $136,100, data show. The model places BTC within a rising channel with support at $48,300 and resistance near $491,800. Recent exchange-traded fund flows have introduced volatility that could drive price toward either boundary.
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Technical Analysis