Bitcoin Needs Clear Breakout to Sustain Rally, Long-Term Model Shows

Bitcoin Analysis

Bitcoin Needs Clear Breakout to Sustain Rally, Long-Term Model Shows

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.

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Alexander Stefanov

Reporter at Coindoo

Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.

Source: https://coindoo.com/market/bitcoin-needs-clear-breakout-to-sustain-rally-long-term-model-shows/