BTC's $58K Dip? Power Law Says It's Just the Cycle

I’ve been watching the charts and the numbers are telling a familiar story. Bitcoin just slid to $58k, right where the power‑law model flags a cycle low. It feels like a “normal” wobble, not a full‑blown crash. The futures market, however, is whispering that we could see even deeper troughs if the trend keeps going.

With the fear‑greed index stuck at 13, the market’s still pretty calm. Meanwhile, BlackRock’s tokenization debut is keeping institutional eyes on the sidelines, and the recent Treasury crackdown on cyber fraud is adding a layer of caution.

So, if you’re holding BTC, this dip isn’t a red