% increase between 4 year halving cycle tops is diminishing
In trying to figure out if it is possible to still go above $100,000 this 4 year cycle...
I've determined that if this chart is remotely correct, then it is impossible for btc prices to go above 100k before May of 2024.
I hope it is wrong, but this suggest this 4 year cycle will top out at around $81,000
Then next 4 year cycle will top out at around $106,900 (which is a 2.24 trillion market cap)
....if the top keeps happening later and later in the 4 year cycle...then 100k would happen after 2026 but before 2028
Just brain farts here, don't get too excited
I've determined that if this chart is remotely correct, then it is impossible for btc prices to go above 100k before May of 2024.
I hope it is wrong, but this suggest this 4 year cycle will top out at around $81,000
Then next 4 year cycle will top out at around $106,900 (which is a 2.24 trillion market cap)
....if the top keeps happening later and later in the 4 year cycle...then 100k would happen after 2026 but before 2028
Just brain farts here, don't get too excited
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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.