Bitcoin - Previous vs Current Cycle - page 2.

Dunamisx

hero member

Activity: 952

Merit: 555

Quote from: ImThour on May 22, 2024, 12:57:19 AM

https://charts.bitbo.io/cycle-low-multiple/

Green = Previous Cycle
Red = Current Cycle

Even though both of these are very different cycles however at some point of time, they collide and stay together for some time.
Sept-Oct 2025 is the time when I think Bitcoin ATH will be in for this cycle. And if you have seen my previous charts, my Bitcoin Price Target is $172k which is nearly 145% from the current price.

Let's see how it goes. Wink

Lets expect the best to come with the current circle as we already had the bitcoin all time high and henceforth we should expect more of the market bulls in this current circle, i expect that we see bitcoin reaching it new all time high between now and the first quarter of 2025 and anytime from now, we are expecting for more bullish market than ever before, while this present circle is bullish already and will go on that same direction more consistent for now.

Jawhead999

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Activity: 1848

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The previous cycle had more pump and dump, while the current cycle looks more stable and the price tend to rise, probably due to the market becomes more mature than before. Even though the current chart looks really bullish, but I think the upcoming bull season will not able to reach 20x multiplier, x10 is still realistic as Bitcoin price getting expensive, it require more money to pump it.

babo

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The hacker spirit breaks any spell

Quote from: ImThour on May 22, 2024, 12:57:19 AM

https://charts.bitbo.io/cycle-low-multiple/

Green = Previous Cycle
Red = Current Cycle

Even though both of these are very different cycles however at some point of time, they collide and stay together for some time.
Sept-Oct 2025 is the time when I think Bitcoin ATH will be in for this cycle. And if you have seen my previous charts, my Bitcoin Price Target is $172k which is nearly 145% from the current price.

Let's see how it goes. Wink

a really good graph, I'll steal it from you
this helps a lot to understand where we are and what we can expect (approximately) from what has happened in the past
the past is never the same (in everything) but it loves to rhyme as they say

thank you for sharing this

Dave1

hero member

Activity: 1414

Merit: 542

Quote from: ImThour on May 22, 2024, 12:57:19 AM

Even though both of these are very different cycles however at some point of time, they collide and stay together for some time.
Sept-Oct 2025 is the time when I think Bitcoin ATH will be in for this cycle. And if you have seen my previous charts, my Bitcoin Price Target is $172k which is nearly 145% from the current price.

Let's see how it goes. Wink

I think I have this kind of personal prediction as well, from a conservative estimates of $120k, to as high as $180k as the new all time high in this bull cycle. And it could be achieved in the last cycle of 2025.

Of course, everyone should take precautions as no one can predict the market with accuracy as we are just putting our best effort to make a wild and educate guess base on many factors including it's previous charts like what the OP is putting here.

DeathAngel

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Interesting, seems we are ahead of the previous fractal currently. Let’s hope that continues, I actually think we will go higher than $172,000 but it would still be a nice price if that’s where it tops out at. I think over $200,000 is likely. Let’s wait & see though, only way to find out.

ImThour

copper member

Activity: 1498

Merit: 1619

Bitcoin Bottom was at $15.4k

https://charts.bitbo.io/cycle-low-multiple/

Green = Previous Cycle
Red = Current Cycle

Even though both of these are very different cycles however at some point of time, they collide and stay together for some time.
Sept-Oct 2025 is the time when I think Bitcoin ATH will be in for this cycle. And if you have seen my previous charts, my Bitcoin Price Target is $172k which is nearly 145% from the current price.

Let's see how it goes. Wink

Topic: Bitcoin - Previous vs Current Cycle - page 2. (Read 253 times)