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TheBitcoinBattery
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Bitcoin is going to fix everything. Don't worry, keep calm and stack sats. Don't understand why? Study markets, money, and history. Start here: Bit.ly/StudyBitcoin

Merry Christmas Rod! β›„πŸŽ„πŸŽβ„οΈπŸŽ…

Replying to Avatar Prince Filip

Well I'm not religious at all so... Merry Christmas! πŸ˜‚

It's not just the cash back, you're able to hold into your Bitcoin another month before selling on the due date for the statement. Essentially allowing you to short the dollar against the average value increase in a month for an asset that grows in value on average 58% a year the last 6 years.

Why do you think the trend would go 2013 + 4 years. 2017 + 4 years. 2021 + 3 years??? Obviously the peak is next year.

Christmas prices:

2013 (Year of Bull Peak): $651.

+ 3 years.

2016 = $899. About 50% higher than 3 years prior.

+ 1 year.

2017 (Year of Bull Peak): $13,611. Significantly (~14x~ higher) than the year before or the last cycle peak.

+ 3 years.

2020 = $23,475. About 50% higher than 3 years prior and a bit higher than the last cycle peak.

+ 1 year.

2021 (Year of Bull Peak): $50,825. About 100% higher than a year before, and more than double previous cycle peak.

+ 3 years.

2024 (3 years after previous peak and the year before the next one) = $95 - $105K. About 100% higher than 3 years prior.

+ 1 year.

2025 (Year of bull peak): ???

Personal guess, falling from the between Aug and Nov peak next year, the price around Christmas will be around 50 - 100% higher than what it is this year at $150 - $200k on its way down to $100k or so by Christmas 2026.