21 million bitcoin.
One goal. Yours.
Power Law floor · live
€60’778.2653+€53.01 a dayFor your stack →
Live price€61’885
ZoneAccumulationHeavy buy
Distance to the floor +1.6 %Distance to fair value −37.3 %
See where the bitcoin price stands against its long-term trend, work out how much you need for your goal, and follow who else is buying.
At €61’885 bitcoin is 37 % below its long-term trend and 2 % above its floor: a range in which buying and holding for years has paid off every time so far.
- Price
- Trend
- Floor
- Top band
- Bear-market low
- Price
- 2Y MA
- Upper line
Where Bitcoin stands today
The model sorts today's price into one of five zones. Their limits come from the model's own lines: the floor at the bottom, the top band at the top. The highlighted zone is where the price is today.
- Floor zoneTodayHeavy buy
The price is lower than at almost any time in Bitcoin's history, measured against its trend. The model sees it as extremely undervalued. So far, the price was higher a year later on 100 % of the days in this zone.
below the floortoday below €60’778 - AccumulationTodayHeavy buy
The price is well below its long-term trend, closer to the floor than to the trend. Historically, this has been a good range for buying and holding for years. So far, the price was higher a year later on 100 % of the days in this zone.
from the floor to halfway to fair value on the log charttoday €60’778 to €77’378 - FairTodayBuy
The price is close to its long-term trend: the model's neutral estimate of what Bitcoin is worth today. So far, the price was higher a year later on 78 % of the days in this zone.
around fair value: from halfway down to the floor to halfway up to the top band on the log charttoday €77’378 to €125’415 - HotTodayHold
The price is near the top band, the level the cycle tops have reached. In the past, this has usually come before larger corrections. So far, the price was higher a year later on only 6 % of the days in this zone.
the upper half of the way from fair value to the top bandtoday €125’415 to €159’668 - EuphoriaTodaySell a small portion only
The price is above the top band, the model's line through the earlier cycle tops. By the model's measure it is extremely high. So far, the price was higher a year later on 0 % of the days in this zone.
above the top bandtoday above €159’668
Bitcoin market today
Fear & Greed: Alternative.me's index, updated daily. Dominance: Bitcoin's share of all crypto assets' market cap (CoinGecko). Market cap: live price × bitcoin mined so far.
Bitcoin data, tools and lessons
My Goal
Set your bitcoin goal and print it as a poster. Nothing leaves your browser.
→Power Law
The price since 2010 against its trend and floor, with every bear market and cycle top.
→Calculators
Savings plan, living off bitcoin, borrowing instead of selling, what if, mining: thirteen calculators.
→Bitcoin Academy
Twelve hands-on lessons, from the 21 million limit to passing your keys on to your heirs.
→Treasuries
Which companies, funds and countries hold bitcoin, and who bought in the last 30 days.
→Digital Credit
Bitcoin-backed preferred shares such as STRC and STRF: their yield, and how far bitcoin may fall before it no longer covers them.
→Magazine
Articles from your first purchase to taxes in Germany, Austria and Switzerland.
→Where the numbers come from
Every formula, data source and update time, so you can check each figure yourself.
→New in the magazine:Why There Are Only 21 Million BitcoinWithdrawal Strategies: The 4% Rule with BitcoinAir-gapped Wallets: Who Are They Worth It For?
Bitcoin mining today: pools, hashrate and block reward
Who found the past week's blocks, how much computing power guards the network, and what one block pays the miner who finds it.
Mining pools, last 7 days
- Foundry USA24 %
- AntPool20 %
- F2Pool16 %
- ViaBTC10 %
- SpiderPool8 %
- Other pools23 %
Mining today →What would a miner earn you? The mining calculator →Could you find a block yourself? The mining lottery →
Source: mempool.space, updated every 10 minutes. 1 EH/s is a million TH/s.
Next Bitcoin halving
Every 210’000 blocks the new bitcoin per block halves. Block height from mempool.space; the days and date assume one block every 10 minutes, the network's target.