Key takeaways:
Bitcoin researcher Sminston With says BTC could gain 100% to 200%, with a cycle peak between $220,000 to $330,000.
Bitcoin continues to exhibit strong cyclical volatility, contradicting the belief that its price swings are softening over time.
Over $4 billion in BTC has been moved by long-term holders, warning of a price correction.
Analysis from Bitcoin (BTC) researcher Sminston With implied that a BTC price peak is still 100% to 200% away from current prices. In a recent X post, With shared a Bitcoin price chart using a 365-day simple moving average (SMA) aligned with a power law model (R²=0.96).
The model suggests Bitcoin’s price follows a predictable, non-random pattern over time, distinct from the exponential growth models often applied to stocks and equities.
Bitcoin power law fit analysis by Sminston With. Source: X
The chart revealed that Bitcoin’s 365-day SMA typically peaks 2 to 3 times above the power law trendline in each