Swan posted this from low to high chart on Bitcoin cycles and fiat prices
The 80% less than 2021 rule would say 4.4x over bottom of $16.5k
In other words, if the trend continues then bitty tops out at 16.5 * 4.4 = 72.6k
I don't believe this, just sharing
That's not too far fetched.
Or are you saying that's too conservative an estimate? 😄
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Personally i think too conservative but stacking either way
Ahhh okay that makes sense.
At first glance, I thought you didn't believe it would get to that price.
I am terrible at price targets but could see over 100k on the next year happening