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Crypto

Bitcoin Price Drops as Analysts Predict $100,000 Threshold in 2028

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BTC
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Bitcoin's (BTC) price has dropped by 2.16% to around $77,000 due to bond sell-offs and a hawkish Federal Reserve note.

The question remains when Bitcoin will permanently surpass $100,000.

Giovanni Santostasi's Bitcoin Power Law Theory suggests that the asset is trading at roughly 56.7% below its fair value of $178,860.

Historically, Bitcoin has traded near or above its lower resistance level, which could signal an optimal buying zone.

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