Ali Martinez, known for his crypto analysis, surprised everyone with his Bitcoin (BTC) price prediction.

Based on historical price movements, a crypto analyst stated that Bitcoin could reach 400,000 dollars. This ambitious price target implies an increase of more than 6 times the current price of Bitcoin. Bitcoin, as it holds above 60,000 dollars, indicates a bullish trend. According to crypto analyst Ali Martinez, breaking above 65,000 dollars increased visibility. Moreover, the upward movement became stronger.

Considering Bitcoin's market movements, Martinez put forward an optimistic perspective. In a recent post on X (formerly known as Twitter), he revealed that the price of BTC could soar to $400,000. The analyst, basing his comments on the power law of Bitcoin, surprised everyone.

The BTC power law is a mathematical relationship between the price of Bitcoin and time. This law predicts that the price of Bitcoin will reach $100,000 between 2021 and 2028 and suggests that BTC will not drop below $100,000 in 2028. Additionally, the law predicts that at some point between 2018 and 2037, the price of Bitcoin will reach $1 million per coin and specifies that the price will never drop below $1 million after 2037.

Martinez, in his post, stated that the $400,000 range could be the next peak. This level is approximately 440% higher than the current ATH value. Although Martinez's analysis may seem exaggerated to many crypto investors, Bitcoin's limited supply supports this view.

This article does not contain investment advice or recommendations. Every investment and trading activity carries risk, and readers should conduct their own research when making decisions.