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.
Penafian
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