Bitcoin may be gaining momentum, but its long-term trend still faces a major hurdle, according to crypto analytics firm Alphactal.
The company’s founder, João Wedson, says BTC has yet to break through a crucial resistance level defined by the Long-Term Power Law — a custom log-log model tracking macro price movements over time.
According to the model, Bitcoin needs to rise above $122,000 to confirm a sustainable bull cycle.
While price action has been strong, Alphactal warns that the current rally remains technically incomplete without a breakout above this threshold.
The Long-Term Power Law uses logarithmic scales on both axes to forecast Bitcoin’s trajectory using trendlines based on historical regression.
Wedson noted that, based on this framework, a drop below $108,000 by 2033 would defy the model’s long-established structure — something he considers highly improbable.
Source: https://coindoo.com/market/bitcoin-needs-clear-breakout-to-sustain-rally-long-term-model-shows/