Understanding Bitcoin as a cyclical and deflationary asset, its price should ideally experience a consistent increase while respecting top and bottom cycles times. Mathematical analysis of its price movements can give us valuable insights...
First Halving - November 28, 2012
- Reached its ATH on December 5, 2013.
- 372 days elapsed from halving to ATH.
- Experienced a rise of 10,147.93%.
Second Halving - July 9, 2016
- ATH on December 17, 2017.
- 556 days from halving to ATH.
- Rise of 2,870.51%.
- There was a 71.75% decrease between the ATH of 2013 and 2017.
- Third Halving - May 11, 2020
- ATH on November 10, 2021.
- 548 days from halving to ATH.
- Recorded an increase of 742.57%.
- A 74.20% drop between the ATH of 2017 and 2021.
- Fourth Halving - April 16, 2024(Approx.)
- Projected ATH around October 22, 2025.
- Expected duration: 552 days (average of last two periods).
- Anticipating a 200.4% surge, considering another 73% decline (average) from the 2021 peak to 2025.
If Bitcoin is valued at $50,000 USD at the time of the Halving, BTC's price could potentially reach $150,200 USD
What do you think?...
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