On-Chain Charts

Bitcoin market structure, power law, and UTXO-derived analytics

Bitcoin Power Law

Bitcoin's price follows a long-term power law relative to its age. The blue line is the mathematical fair value — time above indicates overvaluation, below indicates deep value.

BTC Price

Actual market price

Fair Value

Power law regression

Upper Band

Historical cycle peaks

Lower Band

Bear market floors

On-chain data computed from Bitcoin UTXO set via BigQuery · Price data via CoinGecko