Over a long enough time frame, every long term valuation model for bitcoin has eventually been broken, yet the one that has maintained the strongest narrative this cycle has been the power law model.

Bitcoin’s 4-year cycle refers to the recurring pattern of bull and bear markets historically linked to Bitcoin halvings, shifts in supply issuance, and broader changes in market liquidity and investor ...

Bitcoin is trading 45% below its long-run trend, suggesting structural undervaluation rather than euphoric excess. A Z-score of -0.87 indicates BTC is statistically inexpensive, far from historical ...

In early 2025, Michael Saylor’s technology company MicroStrategy officially rebranded to Strategy and adopted a Bitcoin-themed visual marketing program to reflect its core focus as the world’s largest ...

Forbes contributors publish independent expert analyses and insights. Bitcoin journalist and financial analyst based in London. The term “bitcoin treasury company” has become one of this cycle’s ...