According to CoinMeta, James Lavish, co-founder of the Bitcoin Opportunity Fund, stated that according to the power law principle, the benchmark price of Bitcoin will be between $400,000 and $500,000 in 2029. He pointed out that Bitcoin typically fluctuates within one standard deviation of its average value, and in 2029, this one standard deviation from the average will be between $400,000 and $500,000.