Bitcoin Power Law

Is Bitcoin overvalued or undervalued right now?

Live Bitcoin Power Law Tracking Dashboard

As of September 5, 2026, Bitcoin is trading 46.8% below its power-law fair value of $149,707 — currently modestly below trend.

Fair value (trend)
$149,707
Live price
$79,620
Deviation
-46.8%
Floor (-2σ)
$37,254
Ceiling (+2σ)
$601,608
Model: price = a·days^b (a=1.7e-17, b=5.76), floor/ceiling at ±2σ. Fair value refreshes hourly. Not financial advice.
What am I looking at?
  • The orange line is Bitcoin's long-term trend - a rough "fair value" for each date.
  • Green zones (below the line) mean Bitcoin is cheaper than its trend; red zones (above) mean it's pricier than its trend.
  • The bands are measured in standard deviations (σ). The inner band (±1σ) is the everyday range Bitcoin sits in about 68% of the time; the outer band (±2σ) is the wider range it stays inside about 95% of the time. The floor support above is that outer -2σ edge.
  • The "σ from trend over time" strip shows how cheap or expensive Bitcoin has been through every cycle - notice each peak reaching less extreme than the last.
How do I use the controls?
  • a and b shape the trend line. Drag their sliders and every chart updates instantly.
  • Best fit lets the math choose the trend line that hugs real prices most closely.
  • The Display checkboxes turn the bands, the log-log view, and the σ history strip on and off.
  • Reset to defaults returns everything to the standard values.
The Power Law is the admitted time-trend instrument of Bitcoin Field Theory - a framework that tests every famous indicator and publishes the verdicts, pass or fail.See the Indicator Census ↗