The BTC Diminishing Returns Trend
If BTC experiences another 80% drop in the percentage gain from the bear market low to the bull market peak, that would result in about a 422% increase for the next bull market.
In U.S. dollar terms, that would equate to an approximate value peak of 80k for the next bull market.
Of course, nothing says that this trend has to continue. There are only two data points, but technically, that constitutes a trend.
I hope this trend is broken during this next bull market; I would prefer to see a much higher peak. I think an 80k peak for the next bull market would be disappointing.
In U.S. dollar terms, that would equate to an approximate value peak of 80k for the next bull market.
Of course, nothing says that this trend has to continue. There are only two data points, but technically, that constitutes a trend.
I hope this trend is broken during this next bull market; I would prefer to see a much higher peak. I think an 80k peak for the next bull market would be disappointing.
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