Bitcoin on pace to hit $100k between April and September
Bitcoin doing what bitcoin do
It's easy to get lost in all the news these days, but when you just look at the graphs and the charts bitcoin is simply continuing to do what it always does post halving.
Go up.
It's squarely between the previous two post halving bull markets and continues to track along as expected.
If it continues to track like this, it will hit $100k at some point between April and September.
Sees:
(Source: https://twitter.com/100trillionUSD/status/1359537254503510018/photo/1)
Bitcoin peaked about 13 months after the 2012 halving, and about 18 months after the 2016 halving.
Right now we are getting close to 10 months post halving.
Based on that timing, bitcoin may peak between May and October of this year.
Considering how well bitcoin tends to do in December, I wouldn't be shocked if the top happens end of this year.
If we get to $100k by April or so, it's probably going a lot higher at the peak.
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I'd say that it will peak by the end of the year. It feels so simple making money now in crypto. Just follow the halving trends. Buy before the halving or soon after and hold for a year or so and it's guaranteed money.
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Quite correct. There are two things you can thank for that:
and
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