Is Bitcoin stabilizing or next cycle will be different
Looking at BTC history we can see that every cycle we reach new all time high but its increasing at decreasing rate.
Means first time BTC increased ~58566% from 2.01$ to 1,177.19$ but next cycle we only did ~11,960% from 163.88$ to 19,764.51$ thats ~4.89x less than previous cycle. Third cycle also got a ~5.72x decline that second cycle, a drop from ~12,060% increase in second cycle to only ~ 2,189.88% increase in third cycle.
If we take average declining rate between cycles and apply it for next cycle we would get ~5.3x decline from last cycle, That would give us a ~494.31% increase from current bottom of 15,495.37 to a new all time high at ~76,595$
This is normal for BTC as the bigger it gets the heaver it should be to move and the harder it is to go higher or lower. In a very optimizing and unlikely scenario BTC can hypothetically do a 2,189.88% increase like previous cycle and that will make new all time high at 339,330$ but thats very very unlikely.
Means first time BTC increased ~58566% from 2.01$ to 1,177.19$ but next cycle we only did ~11,960% from 163.88$ to 19,764.51$ thats ~4.89x less than previous cycle. Third cycle also got a ~5.72x decline that second cycle, a drop from ~12,060% increase in second cycle to only ~ 2,189.88% increase in third cycle.
If we take average declining rate between cycles and apply it for next cycle we would get ~5.3x decline from last cycle, That would give us a ~494.31% increase from current bottom of 15,495.37 to a new all time high at ~76,595$
This is normal for BTC as the bigger it gets the heaver it should be to move and the harder it is to go higher or lower. In a very optimizing and unlikely scenario BTC can hypothetically do a 2,189.88% increase like previous cycle and that will make new all time high at 339,330$ but thats very very unlikely.
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