If bitcoin were to follow a pattern similar to the 2016-2020 cycle, the target could be as high as $290,000 dollars. If bitcoin were to follow a pattern similar to the 2012-2016 cycle, the target could be as high as $800,000 dollars.
Note
Worth noting that a run-up to 800K also shows a fall to 100K. And a run-up to 290K shows a fall to 46K.
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.