Bitcoin will reach between $300k and $700k if it just keeps doing what it's been doing

3개월 전

Based on historical price data, bitcoin will peak somewhere around $300k or higher

Will this time be different?

Those are the most dangerous words in finance.

It's usually not different, though it's rarely exactly the same, it usually rhymes pretty well.

Based on what bitcoin has done after its previous halvings, its price should peak between $300k and $700k, and it should happen somewhere around September-October.

Check it out:

image.png

(Source: https://twitter.com/DocumentingBTC/status/1386330672604790787/photo/1)

Will this time be different?

I can't say for sure, but so far it has tracked remarkably well between the previous two bull market rallies.

It's smack dab in the middle of where it should be right now based on past patterns.

The really crazy thing about all this is that the price is going to have to go up 5x in a matter of 5 months to keep up with this trend...

At a minimum.

Buckle up folks, it's going to be a wild ride!

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Thank You for sharing Your BTC insights...

Very wild indeed!

Let keep our fingers cross I hope Bitcoin will soonly boom. Thank you for sharing.