We’re not in the peak bull period until Grandma & Uncle Bob start calling & asking how to buy Bitcoin. All jokes aside we’re not even at the halving yet, the peak bull run won’t be until next year. The bull has some way to run yet so sit in & get ready to watch the greatest show on earth. We have Spot ETF demand now, the run to Bitcoin will be like nothing we’ve ever seen.
Grandma & Uncle Bob and our friends who suddenly knock our doors to ask our advice about Bitcoin or help them to invest in Bitcoin, it will be time for thinking of peak. These hype activities will be reflected on Google Trend, Youtube Subscribers, Views even we know there are bias factors on those parameters, they are still helpful.
We've not even had the halving yet, so no one should be thinking they have missed a party that hasn't even started.
Halving is about 48 days 17 hours from now.
https://www.bitcoinblockhalf.com/It's easy to not see how high we can go from here, over $100k would seem ridiculous to most and close to $200k would be impossible. This would cause people to put an imaginary price ceiling and then rue the missed chance to get bitcoins while they were cheaper.
No one can predict it but let's take this chance to see historic growth of past cycles. The latest cycle gives us 16x from Low to High and we are already 4x from Low to High in this cycle.
16x like the past cycle is too much so I humbly expect for 8x for this cycle. So we might end up with $120,000 but I don't exclude any chance that Bitcoin will make a bigger than 8x.
