Lot's are calling for new highs on Bitcoin this year, and frankly, I don't see that happening. However, I do see us at the beginnings of our next major upside cycle, starting off of our 3k lows and ultimately headed to 100k+ per BTC by 2023.
As expected with a log growth curve, time elapsed from peak to peak is expected to increase while ROI from trough to peak is expected to decrease. The implications are as follows, assuming the low for $BTC is in at 3.1k:
1. We can expect that the high of this next cycle will not be met until after 2022 and most likely sometime after 2023.
2. We can expect ROI off the lows to be no more than 10,000% at an absolute MAX (caps us at $300,000) but realistically somewhere between $100,000-$200,000 per $BTC.
3. No new highs until sometime in 2021.
I will be tracking this chart over the next few years to see how it plays out. So sit back, stack some sats , and follow along with me on this exciting journey!
As expected with a log growth curve, time elapsed from peak to peak is expected to increase while ROI from trough to peak is expected to decrease. The implications are as follows, assuming the low for $BTC is in at 3.1k:
1. We can expect that the high of this next cycle will not be met until after 2022 and most likely sometime after 2023.
2. We can expect ROI off the lows to be no more than 10,000% at an absolute MAX (caps us at $300,000) but realistically somewhere between $100,000-$200,000 per $BTC.
3. No new highs until sometime in 2021.
I will be tracking this chart over the next few years to see how it plays out. So sit back, stack some sats , and follow along with me on this exciting journey!