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From the Power Law:
The Trend ($118,182)
At this level, Bitcoin is perfectly aligned with its long-term power-law growth. It is neither cheap nor expensive just on trend.
Normal Ceiling ($167,802)
This is the healthy bull-market high right now.
Normal Floor ($83,235)
This is the downside equilibrium band. When price trades here, Bitcoin is statistically cheap relative to its long-term growth trend. Historically, this zone marks high-probability accumulation, not structural failure.
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