[Update BTC] Let me propose again an old model I built
In 2022 I started building a btc model that was based on 3 theses:
- the peak of the first wave of inflation is here
- btc is following a s/hyperbolic adoption curve (we are approaching the flat part)
- btc is following a 3x3 time-based phase model
![[UPDATE BTC] if CPI peaks in the summer, 74k-77k$ is possible.](https://static.tradingview.com/static/images/svg/idea-image-placeholder.svg)
Based on this model, I was expecting a price between 2023 and 2024 of 54-77k.
- the peak of the first wave of inflation is here
- btc is following a s/hyperbolic adoption curve (we are approaching the flat part)
- btc is following a 3x3 time-based phase model
![[UPDATE BTC] if CPI peaks in the summer, 74k-77k$ is possible.](https://s3.tradingview.com/n/N5cxz05C_big.png)
Based on this model, I was expecting a price between 2023 and 2024 of 54-77k.
Comment:
if this model turns to be right...
