kevvela

Where can $BTC head to in the next bull cycle ... $138k?

BITSTAMP:BTCUSD   Bitcoin
This is too early to make but I want to be ready for when the sentiment starts to turn around and when the next bull cycle manifests. Likewise have a basis for my decisions in the crypto space down the line

Used the previous highs for this assumption:

Highs:
1st Halving High: 1.163k
2nd Halving High: 19.66k
3rd Halving High: 69k

Rate of Increase (Diminishing) :
1st to 2nd Halving: 17x
2nd to 3rd Halving: 3.5x
3rd to 4th Halving: ??? give or take 2x?

4th Halving High: 69k*2 = 138k

Whether this is going to happen or not, only time can tell

Now sure how this will age, let's see.

This is just an assumption. DYOR still.

Good luck




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