$100,000 Bitcoin is InevitableThis is base on Bitcoin Halving Event.
The next one is said to happen early 2024.
What to watch out for
- If we do not break 50k and re-test it again.
2024
BITO: $41 | BTC: $63,000 Fwd Price $550k by 20224when Gold at $200 first issued an etf sometime in 2003 it's price went to $1800
that was a an 800% price upside in 7 years
in currenty times 2021 with all the technology and access to markets.. that 7 years may just be recuded to 7months or maybe even weeks
next halving is 204 around March.. and $550k BTC should be around that area
ETH 100k by 2024-25?Just idea for fun, but i believe in Bitcoin. So if Bitcoin can reach $1M+ in next halving, what is the problem ETH to reach $100,000k and above.
ETH probably --History repeats itself--2017-2024Probably the same scenario as 2017/2018 will be repeated
BTC probably --History repeats itself--
Probably the same scenario as 2017/2018 will be repeated
big support 18k ,similar big support 2018 ---3k
The start of cycle will be in 03 or 04/2023
mania phase will be after halving 2024
top cycle 2024 will be 500k to 700k
BTC till next halving 2024in 2017 3times ATH13 was in mid June now we had it already in the end of Feb... bubble in Jan and Feb are again but in different sizes of previous ATH, now we can expect at least 1 bubble till June and 2 or 3 bubbles in 2nd halfyear 2021... now critical is 38k level not 42... just have a look at weekly and you can clearly see all Supports and Resistances... what is interesting that in 2017 green candles made more and more sharp shape and were longer every following week but now when we had almost 115k green candle in Feb it would mean that 30k W1 candles might be possible what is insane ic could leat to 95k in April and than 114 or 133 or 152k in June and than something above 200k and possibly above 300-400k, just insane.... but when 60k was a 1tril then 300k mans 5 tril - its poossible but altcoins would probably another 5tril? ETH would be 20k??? ...... but its hard to predict anything
BLX Bitcoin Halving Cycle 2020-2024Just an idea of the range where Bitcoin could go on long term, based on halving cycles.
