Last bear low to bull high was a 20x jump, cycle before that was 130x. It’s pretty widely understood that SBF manipulated supply which suppressed fiat/btc price from going higher.
So let’s just take supply metrics and say our bear low was 17k a coin, if there is another SBF suppressing supply and we only see a 20x jump from supply shock again, we get a meager 340k a coin.
Now let’s take demand metrics, bitcoin ETF in the works, 12,000% jump in lightning usage, nostr zaps, fiat on fire, etc, and you might see more then a 20x jump due to demand even if supply is artificially suppressed.
Can’t wait to find out, my two stats.