According to CoinMeta and reports from Coinpedia, the current price of Bitcoin is around $77,000, influenced by global bond sales, hawkish expectations from the Federal Reserve, and geopolitical events in the Middle East. Based on the Bitcoin Power Law model, it is predicted that Bitcoin will permanently break through $100,000 by 2028. The current price is within the optimal buying range, and it is expected to approach $2 million by 2030. The Power Law model forecasts that by the end of 2026, the support level will be $69,500 with a fair value of $198,700, and the resistance level at $615,000; by the end of 2027, the support level will be $95,400 with a fair value of $272,500 and the resistance level at $844,000; by the end of 2029, the support level will be $171,300 with a fair value of $489,500 and the resistance level at $1,515,000; and by the end of 2030, the support level will be $224,800 with a fair value of $642,400 and the resistance level at $1,990,000. Historically, the Bitcoin Power Law has been reliable in long-term predictions but has been less accurate in short-term forecasts due to volatility.