Bitcoin price projection post halving using pattern hypothesis
Bitcoin has had 3 halving and has increased around 9200%, 3000%, 760% post each halving respectively. The price project shown in the chart is hypothesizing a number pattern observed of bitcoin price percentage gain to new all time highs post every halving so far:
9200÷3 ≈ 3066.67
3066.67÷4 ≈ 766.67
766.67÷5 ≈ 153.33
So, according to the observed pattern, if we continue dividing the previous term by the next number in the sequence, the next number would be approximately 153.33
Chart in Weekly Log Scale
9200÷3 ≈ 3066.67
3066.67÷4 ≈ 766.67
766.67÷5 ≈ 153.33
So, according to the observed pattern, if we continue dividing the previous term by the next number in the sequence, the next number would be approximately 153.33
Chart in Weekly Log Scale