A view on BTC logarithmic curves | 150K or 25K ?
If we look at the entire history of bitcoin with the logarithmic curves we can see that the volatility has reduces drastically compared to previous years.
As the bitcoin adoption increase, it becomes more slower and harder for BTC to break its new barriers and hit new ATH. In 2013 BTC reached its peak quickly compared to 2017, and similar to we can expect the a delay in BTC reaching its new peak in 2022.
If BTC continues to fall then we can expect it to stay above
25K LowDev price.
However, BTC 150k is around the corner and it is expected to touch the HighDev (150K+) soon. BTC new peak is imminent but it's just about how long will it take.
I personally think that BTC will reach it's new peak around the beginning of Q2 - 2022.
Let's wait and watch.
Hexa
Chart Credit: coinglass
As the bitcoin adoption increase, it becomes more slower and harder for BTC to break its new barriers and hit new ATH. In 2013 BTC reached its peak quickly compared to 2017, and similar to we can expect the a delay in BTC reaching its new peak in 2022.
If BTC continues to fall then we can expect it to stay above
25K LowDev price. However, BTC 150k is around the corner and it is expected to touch the HighDev (150K+) soon. BTC new peak is imminent but it's just about how long will it take.
I personally think that BTC will reach it's new peak around the beginning of Q2 - 2022.
Let's wait and watch.
Hexa
Chart Credit: coinglass
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coincall.com/r/01111077
💬Telegram: t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
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