Bitcoin is such a different asset! And one of the biggest differences are halvings.
The cycle of the market is strictly correlated with halving (green lines) dates and this has been working since BTC start.
In this post, I'll show last 3 halvings.
Each time a halving occurs, we have 1,5 years of bull market. A very strong bull market.
In 2016 we saw a 3.336% return in 1,5 years after halving.
In 2020 we saw 645% return after halving in 1,5 years.
And in both cases, we lived in a flat (and volatile) market for 2,5 years where everyone blamed the cryptos.
Current situation
Now, we did the halving in April 2024 and until 2026 we will be in the middle of a bull market for BTC. The break of the blue expanding triangle is just one mor econfirmation for the bull trend, so the price will go at least to 200k before 2025 ends.
¿Why 200k ?
BTC is a very big market right now, and getting more and more money inside is more and more difficult, so seeing rallies of 3k% as we saw in 2016 is imposible, that would mean BTC has more money than the whole world! But doubling the price is still posible!
Do you agree with the 200.000k$ as a reasonable target for this bull market? Where do you see the price by the end of next year when this cycle ends?