The Last Dance, How Will Bitcoin Fare in the Bubble Model?
According to the LPPL model prediction, Bitcoin's mid-term adjustment is around 120,000, with this round's peak around 180,000.✅
Log-Periodic Power Law (LPPL) is a powerful tool in physics and finance aimed at identifying bubbles and potential market adjustments. It works by simulating the price growth during speculative bubbles, which usually follow an initial exponential growth and present power laws before a crash, accompanied by the 'herd effect' of investors (fear and greed cycles) causing fluctuations. $BTC