As Randy from Real Crypto once said, "Bitcoin is a repeat machine." If that is indeed true, we can deduce the future by overlaying some historical data, especially now that we have seem to put in the lower high which seems to resonate with the previous bear market.
Observing the previous bitcoin cycle, one can notice the consolidation, dip and a lower high (40% lower than the highest) in 2013 which unrolled over the course of 175 days. We have put in a similar move reaching up to 40% lower than the previous high. This time, however, it took about 560 days, 3.2 times longer than the precedent. A simple deduction from this information, one may infer that the next high will take 3.2 times longer that it had taken in the previous cycle. Since 2013~2017 took about 4 years, that calculation leads to about 13 years which happens to coincide with the beginning of 2030.
Retracting from the final destination, the process might be a little rougher than we had previously imagined since final low for the previous cycle went much further beyond the initial dip. The ultimate low of the previous cycle coincided with the high before the 2013-2014. Once this movement is scaled and overlaid to the on-going cycle, this leads us to about $1200~3000 ultimate low, which also coincides with the 2013 high. Hope this helps you prepare for what might be the worst case scenario. In the end, these are just my two cents. Let me know if you have comments or suggestions!
Observing the previous bitcoin cycle, one can notice the consolidation, dip and a lower high (40% lower than the highest) in 2013 which unrolled over the course of 175 days. We have put in a similar move reaching up to 40% lower than the previous high. This time, however, it took about 560 days, 3.2 times longer than the precedent. A simple deduction from this information, one may infer that the next high will take 3.2 times longer that it had taken in the previous cycle. Since 2013~2017 took about 4 years, that calculation leads to about 13 years which happens to coincide with the beginning of 2030.
Retracting from the final destination, the process might be a little rougher than we had previously imagined since final low for the previous cycle went much further beyond the initial dip. The ultimate low of the previous cycle coincided with the high before the 2013-2014. Once this movement is scaled and overlaid to the on-going cycle, this leads us to about $1200~3000 ultimate low, which also coincides with the 2013 high. Hope this helps you prepare for what might be the worst case scenario. In the end, these are just my two cents. Let me know if you have comments or suggestions!