Bitcoin: J.R. Willett Discovered Power Law in 2013
Bitcoin power law discovery traced to J.R. Willett in 2013 per new evidence from @Andre_Dragosch thread, with BTC at $84966.24 on 4h chart.
SourceAnalysis
Bitcoin power law discovery belongs to J.R. Willett in 2013 according to fresh evidence shared in a thread by @Andre_Dragosch, ahead of later explanations from others.
Price action on the 4h chart shows BTC at $84966.24 inside a bullish structure with EMA50 support at $84154.98 and EMA200 at $80744.26. Neutral RSI at 54.8 pairs with a MACD death cross at 243.23 while price remains inside the Bollinger bands, targeting upper resistance at $86207.42 before any retracement to lower support near $83005.27. This setup informs BTC price prediction models and crypto market analysis amid ongoing Bitcoin power law discussions.
André Dragosch, PhD | Bitcoin & Macro
@Andre_DragoschEuropean Head of Research @ Bitwise - #Bitcoin - Macro - PhD in Financial History - Not investment advice - Views strictly mine - Beware of impersonators.