Quote from: Mpamaegbu on Today at 12:02:26 PM

Quote from: Sebastian Michaelis on January 25, 2025, 11:15:49 AM

Let’s take a trip through history:

First Halving → BTC soared by 9,000%!
Second Halving → A still massive 3,000% gain.
Third Halving → A modest 700% increase.
Current Cycle → So far, only an 80% rise from the last peak.

I'm more interested in what percentage increase Bitcoin has done this circle or it's doing in comparison with the last ATH in 2021. From my own research, and which has been corroborated with your comment above, Bitcoin is yet to do a double of its last circle ATH. That's where your 80% comes in. A double would be 100% and that should be around $136k+. My speculation is that Bitcoin would do at lease a 3X of its last peak price in 2021. That should be taking us to $200k+. If all things go well, I believe it's going to be more than that with all the fundamentals and support this industry is getting now. So, that's why I'm not perturbed each time the market goes down. I just know that we aren't yet in the bear season.

I agree, let's wait and see what happen in the next 3 or 5 months Hopefully new ATH. Thanks mate