What will the next peak be for Bitcoin?
What percentage gain will buyers of the low realize at the peak?
We have a long ways to go for the next peak, but what might that price be?
Looking back at history and one might be able to guess the peak price by noticing that the peaks have dropped by a factor of 5 for the last several peaks.
For example, the peak in 2013 was roughly 50,000% above the low...
The peak in 2017 was 10,000% above the low...
The peak in 2021 was 2,000% above the low...
If we extrapolate that out for 2025, we would be looking at roughly 400% above the lows...
(Source: https://twitter.com/AurelienOhayon/status/1602055685956833280/photo/1)
Which would put the next peak around $80k or so...
That number is much lower than most people think and might well be low... but that's the number the above trend points to.
That $100k number feels like it will have some gravitational pull as we get close to it though...
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I would have 100k as my target. A lot of head winds between here and that though.
Yep, seems like a big round number a lot of people will be looking at.