Bitcoin Cycle
Using historical data to project a potential look at the Bitcoin cycle ahead.
We are now in the Bottom Zone and viewing the most attractive buying prices in years. Expecting a whole lot of nothing going into '23 which is perfect for the accumlators.
Predictions
Historical data suggests we meet ATH level ~69K around Q4 '24 - Q1 '25. Then putting in a cycle top late '25/ early '26.
If these cycles continue, I would expect Crypto Total to tend >7T at the next cycle top and assuming a minimum of 30% BTC market share with ~20M BTC in circulation;
We can expect BTC at cycle top to be a minimum of:
7T * 0.3 = 2.1T Bitcoin Mcap...
2.1T / 20M = 105K per Bitcoin
Purely for fun, the bear market has me bored. Surely it couldn't be this easy...
We are now in the Bottom Zone and viewing the most attractive buying prices in years. Expecting a whole lot of nothing going into '23 which is perfect for the accumlators.
Predictions
Historical data suggests we meet ATH level ~69K around Q4 '24 - Q1 '25. Then putting in a cycle top late '25/ early '26.
If these cycles continue, I would expect Crypto Total to tend >7T at the next cycle top and assuming a minimum of 30% BTC market share with ~20M BTC in circulation;
We can expect BTC at cycle top to be a minimum of:
7T * 0.3 = 2.1T Bitcoin Mcap...
2.1T / 20M = 105K per Bitcoin
Purely for fun, the bear market has me bored. Surely it couldn't be this easy...
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.