Bitcoin will reach 250,000 to 300,000 Price by next year December in 2025 . The chart is one of the best charts in entire trading view . I have combined my knowledge of timecycles and Gann price time square on this chart.
Bitcoin is following a 8 year mega cycle which consists of 2 minor cycles ( 1414 days each). This is a variation to Hurst cycles as tops are cyclic instead of bottom.
Currently we are in the first cycle of the mega cycle ( think institutional investor)
In this cycle we will hit between 0.375 and 0.625 of the log box ( last time it hit 0.625) but I dont want to be over optimistic which is a price of 250,000 to 300,000 .
Then it will retrace from Dec 2025 and then move upwards to a price of 4 million $ by 2029 December .
Total return will be 60x - you have to be patient .
Another interesting observation ,
Number -4 is bitcoins favourite number as per numerology .
4 year cycles
2018 top was 4 square or 16 K
Previous top was 4 cube or 64 k
Next one , yes you guessed it right
4 to the power of 4 = 256 k
This is very close to the observation with the log chart of 250k to 300k price
BE PATIENT ! BY SPOT ! HODL ! YOU WILL WIN ! DONT WATCH GURUS ON YOUTUBE
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.