I have the itching feeling this bull market has the potential to break the diminishing returns trend for Bitcoin. That would mean $350k by the end of 2025.
The past two bull markets are what I’m looking at, the first provides little fruit when looking for trends imo… a 60x, then a 23x… roughly 2.61x less returns each cycle. If we keep up the trend of diminishing returns this market cycle is looking at a 8.82x from market bottom ($15.5k); putting us around $135k by the end of 2025.
Simpleton maths, not attached to the idea. As we all know 1 BTC = 1 BTC. The only thing that fuels my claim is curiosity of how game theory plays out in action & my favorite asset becoming the global reserve asset. I think Bitcoin finishing 2025 @ or above $350k would validate my claim, @ or below 135k would invalidate my claim. In between those two levels would make me think I’m possibly correct just too early.
Might be getting ahead of myself but it seems logical to state we are in the first logarithmic section of a parabola when it comes to PA, and the second on the grand scheme would come well after the 21,000,000th coin is mined and we are all dead and gone. Older generations reaching their lifespans and new, more tech oriented generations taking their place has NOT been factored in. 😉