Bitcoin to $431,936 according to historic moves
Historical Patterns:
2017 Halving to Top: From the halving in mid-2016 to the peak in December 2017, Bitcoin saw significant price appreciation within a 1.5-year period.
2021 Halving to Top: Similarly, from the halving in mid-2020 to the peak in late 2021, Bitcoin followed a comparable pattern, also over approximately 1.5 years.
Projected Future Targets:
2021 Equivalent Move Target Price: Based on the move from the 2020 halving to the 2021 peak, the projection for October 2025 is approximately $431,936.
2017 Equivalent Move Target Price: Following the 2016-2017 pattern, the projection for September 2025 is approximately $2,081,964.
Trend Channels and Price Targets:
Ascending Channel: The price is trending within an ascending channel marked by parallel white and red lines, indicating strong upward momentum over the long term.
2017 Halving to Top: From the halving in mid-2016 to the peak in December 2017, Bitcoin saw significant price appreciation within a 1.5-year period.
2021 Halving to Top: Similarly, from the halving in mid-2020 to the peak in late 2021, Bitcoin followed a comparable pattern, also over approximately 1.5 years.
Projected Future Targets:
2021 Equivalent Move Target Price: Based on the move from the 2020 halving to the 2021 peak, the projection for October 2025 is approximately $431,936.
2017 Equivalent Move Target Price: Following the 2016-2017 pattern, the projection for September 2025 is approximately $2,081,964.
Trend Channels and Price Targets:
Ascending Channel: The price is trending within an ascending channel marked by parallel white and red lines, indicating strong upward momentum over the long term.
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.