Current Price: $98,256

Predict the fair price on a given date

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Bottom Price

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Bitcoin's Power Law Model

Giovanni Santostasi discovered that Bitcoin's price moves in a straight line when plotted on a log-log graph (a log axis is where each tick represents a percentage change rather than a fixed number change).

This suggests Bitcoin conforms to the Power Law, which appears many times in nature, for instance in the growth of city sizes.

Fair Price

According to the Power Law Model, bitcoin's price is always oscillating around its fair price, so when bitcoin's price is below fair it is "undervalued", and when above it is "overvalued".

The fair price is a surprisingly easy calculation. You just need to know A = 1.074419e-16 and B = 5.53790, which is what this site calculates. The model price on any day is then simply:

price = A * (days since Bitcoin Genesis Block) ^ B

Bottom Price

The bottom price indicates the price which bitcoin will likely never go below, and is a set percent beneath fair price, based on price history.