The following are the last 9 weeks of the 2013 bull run:
30 Sep 2013 $126.44
7 Oct 2013 $134.84 6.6%
14 Oct 2013 $167.48 24.2%
21 Oct 2013 $193.89 15.8%
28 Oct 2013 $212.80 9.8%
4 Nov 2013 $327.56 53.9%
11 Nov 2013 $502.07 53.3%
18 Nov 2013 $807.71 60.9%
25 Nov 2013 $963.05 19.2%
30 Nov 2013 $1177.19 22.2%
BTC the last 9 weeks went 9.31 fold. That's 28.2% per week on average compounded for 9 weeks. Every week was up. At the top the 10th Bitcoin log growth curve was hit.
The following are the last 12 weeks of the 2017 bull run:
18 Sep 2017 $3663
25 Sep 2017 $4389 19.8%
2 Oct 2017 $4597 4.8%
9 Oct 2017 $5693 23.8%
16 Oct 2017 $5984 5.1%
23 Oct 2017 $6141 2.6%
30 Oct 2017 $7382 20.2%
6 Nov 2017 $5849 -20.8%
13 Nov 2017 $8030 37.3%
20 Nov 2017 $9298 15.8%
27 Nov 2017 $11196 20.4%
4 Dec 2017 $15058 34.5%
11 Dec 2017 $19764 31.3%
In the last 12 weeks of the 2017 bull run BTC went up 5.40 fold or 15.1% per week compounded for 12 weeks. All but one week was up or 92% of the time. At the top the 10th Bitcoin log growth curve was hit.
So in the next 12 weeks, if the 4 year cycle holds and a top is coming in December and the 10th BTC log growth curve is hit, then today's $44062 price should grow to about $145,000. That's 3.29 fold or 10.4% per week compounded for 12 weeks. 11 out of the 12 weeks should be up or 92% of the time.
JMHO; keep this simple; if the 10th curve isn't hit by December, then this is an extended cycle and a higher BTC price is probably coming in early 2022.
30 Sep 2013 $126.44
7 Oct 2013 $134.84 6.6%
14 Oct 2013 $167.48 24.2%
21 Oct 2013 $193.89 15.8%
28 Oct 2013 $212.80 9.8%
4 Nov 2013 $327.56 53.9%
11 Nov 2013 $502.07 53.3%
18 Nov 2013 $807.71 60.9%
25 Nov 2013 $963.05 19.2%
30 Nov 2013 $1177.19 22.2%
BTC the last 9 weeks went 9.31 fold. That's 28.2% per week on average compounded for 9 weeks. Every week was up. At the top the 10th Bitcoin log growth curve was hit.
The following are the last 12 weeks of the 2017 bull run:
18 Sep 2017 $3663
25 Sep 2017 $4389 19.8%
2 Oct 2017 $4597 4.8%
9 Oct 2017 $5693 23.8%
16 Oct 2017 $5984 5.1%
23 Oct 2017 $6141 2.6%
30 Oct 2017 $7382 20.2%
6 Nov 2017 $5849 -20.8%
13 Nov 2017 $8030 37.3%
20 Nov 2017 $9298 15.8%
27 Nov 2017 $11196 20.4%
4 Dec 2017 $15058 34.5%
11 Dec 2017 $19764 31.3%
In the last 12 weeks of the 2017 bull run BTC went up 5.40 fold or 15.1% per week compounded for 12 weeks. All but one week was up or 92% of the time. At the top the 10th Bitcoin log growth curve was hit.
So in the next 12 weeks, if the 4 year cycle holds and a top is coming in December and the 10th BTC log growth curve is hit, then today's $44062 price should grow to about $145,000. That's 3.29 fold or 10.4% per week compounded for 12 weeks. 11 out of the 12 weeks should be up or 92% of the time.
JMHO; keep this simple; if the 10th curve isn't hit by December, then this is an extended cycle and a higher BTC price is probably coming in early 2022.