Comment by @defidaniel • Hey
According to my notes… $ 170k per Bitcoin by summer 2025. I’m not a perma ultra bull. I just believe in Arches.
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I’ve run a polynomial regression algorithm on the previous peaks and local bottoms. And I got $ 120K as an expectation for the peak in this Market Cycle. That would be a growth of about 7.3 times from the bottom. For comparison here are the growth numbers from the previous market cycles: Cycle 4 - 21.5 times Cycle 3 - 92 times Cycle 2 - 532 times