I wonder what the orange run up will look like in this cycle. It's a little weak right now. And I don't see us getting up to the $1m line before the next halving, but you never can tell.
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Power law model price now is $88k ish. $119k in Jan 2026, $165k Jan 2027, $225k Jan 2028
seems underwhelming. I don't believe institutional and state level buying are priced in.