BTC to 80k in 2024 based on a 4.85:1 bull run % ratio
Here is something more realistic, that takes into account how Bitcoin matures over time.
The ratio between the percentage gains of the two major Bitcoin bull runs (2011-2014, 2015-2017) is 4.85:1.
Applying this ratio to the 2015-2017 bull run, this would place our next high at ~80k. Which definitely sounds reasonable, as Bitcoin is no longer the $12 fringe asset it used to be.
Related analyses:
https://www.tradingview.com/chart/BLX/zIuAx581-Bitcoin-Market-Cycles-Using-Fib-Extensions-in-Time/
https://www.tradingview.com/chart/BLX/X9i60Vrp-BTC-Road-to-400k-by-2023-2024/
The ratio between the percentage gains of the two major Bitcoin bull runs (2011-2014, 2015-2017) is 4.85:1.
Applying this ratio to the 2015-2017 bull run, this would place our next high at ~80k. Which definitely sounds reasonable, as Bitcoin is no longer the $12 fringe asset it used to be.
Related analyses:
https://www.tradingview.com/chart/BLX/zIuAx581-Bitcoin-Market-Cycles-Using-Fib-Extensions-in-Time/
https://www.tradingview.com/chart/BLX/X9i60Vrp-BTC-Road-to-400k-by-2023-2024/
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.