The chart uses a logarithmic scale to better represent the exponential growth and emphasizes the potential for a new top far above the current trendline.
Current cycle top aligns with the accelerating trendline. The previous peaks were approximately: $20 in 2011 $1,200 in 2013 $20,000 in 2017 $69,000 in 2021 Following the curve, the next peak could easily accelerate past $100,000.
Given the historical exponential trend:
Low Range: ~$150,000 (aligned with moderate acceleration above the current trendline). High Range: ~$300,000 (aggressive acceleration, reflecting a stronger-than-usual parabolic surge).
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