⭐ Merited by Lucius (1)
I've been thinking that, based on Bitcoin's approximate historical milestones throughout its existence:
Dates when Bitcoin surpassed key price milestones:
$100: October 2013
$1,000: November 2013
$10,000: November 2017
$20,000: December 2017
$30,000: January 2021
$40,000: January 2021
$50,000: February 2021
$60,000: March 2021
$69,000 (previous all-time high until 2024)
$100,000: December 2024
Growth pattern: From $10,000 in 2017 to $100,000 in 2024, a 10x increase over 7 years.
So, if we exclude external events from the prediction and rely solely on numerical trends:
The average annual growth rate r is calculated as:
Now, let's calculate how long it would take, on average, to double in value.
This means an annual growth of 39%
We can estimate that Bitcoin would reach $200,000 between late 2026 and the first quarter of 2027 based on its historical growth trajectory.
Obviously, it doesn't work this way, and there are many factors that influence the price, but it's interesting, at least for me, to look at it from a mathematical perspective.