Optimistic outlook on post halving BTC price: $90k min ATH

I first want to start this discussion with a reminder of the fact that past performance does not indicate future results. Keeping that knowledge in mind, we can observe patterns in BTC's post-halving price. The 2012 halving led to a 7,745% gain, the 2016 halving led to a 670% gain, and the 2020 halving led to a 460% gain. Each of these all time highs occurred within 2 years of the halving. If we take a moderately bullish position and assume BTC gains half of what it did in the previous halving, we have a good place to start looking at price targets for the upcoming halving cycle. Using fibonacci retracement and extension tools, we can highlight key zones which act as our lows for the upcoming cycle. From these zones, we can extend our expected percentage increase and identify our conservative price goals around $90,000. This by no means is set in stone, but an interesting way to analyze BTC's post-halving price.