2023 set the stage for a large $BITCOIN move from a $16,000 token to our now roughly $43,000 was mainly off the back of speculation of a Bitcoin ETF (ETP) being released. Once released in the second week of 2024 we saw a major sell the news even crashing bitcoin down to $39,000 but since then it's already rebounded to near $43,000 levels again.

When one looks at this it looks like a chaotic mess that has no real reason to it. Many people will speculate and try and come up with reasons for price changes etc. and there's a lot of money to be made in that. Heck these people can be wrong 99 times but as soon as they are right that one time that's all anyone can seem to talk about lol

But is there a path, a reason and could we in a way predict what bitcoin price might be during the next bull run and where it could be in 10 years? It's possible and many variables that you would think are in play until them simply don't really matter over the long term scale of things.

The Bitcoin Prediction

First it has to be said this article is for entertainment purposes only and is not financial advice.

Now let's get into the guts of it. $BTC currently has 15 years of data we can look back on in order to map out what's happened and what could very well happen in the next 15 years.

For those of you who are graph junks Which I am not for the most part unless it's long term data You'll most likely know the graph below. The support line, average value and max. Many investors use this but often times shrink this down to months, weeks or even days for investing instead of years. Today we are taking a look at years.

*This long term power law chart can be found here https://charts.bitbo.io/long-term-power-law/

You read this chart as follows.

The red line is bitcoins support line of which bitcoin should never fall below.
The green line is the fair market value of bitcoin or how much it should be worth.
The purple line is the peak bull run price bitcoin should reach.

This is based off of data from 2011 rolling forward.

We can use this data to "predict" how bitcoin may look over the next few years following this trend. Now also take note during those 15 years bitcoin has seen MANY ups and downs, bans, attacks by the SEC and governments and so on. But the trajectory of it has always increased in value over time.

If you shrink the chart down to say the last 3 years you'll see the last bull run actully underperformed and that right now we are in a somewhat long trend bear market still even at $43,000. That green line shows us fair market value of bitcoin right now today should be around $75,000 per bitcoin. In a maxed out bull market today it would show us bitcoin at $290,000 but to me that purple bar should be changed a bit from what they are showing and instead push us around the $200,000 market for the next bull run at the current moment.

The next predicted peak for bitcoins next bull run via these graphs is currently set for a late 2025 to early 2026 and what does the graph show us that peak should be? It's predicted that it should be close to $200,000 per bitcoin in the next bull run which could be as little as 12 months away.

Let that sink in for a moment.

This chart and the general laws of finance when plotting these types of charts is showing us in the next 12 - 16 months bitcoin should be touching close to $200,000.

Now will that actully happen? Who knows, it's anyone's guess and this is simply a prediction market with some graphs to try and speculate what could happen based on 15 years of past data. Owning 5 bitcoin could mean you would have nearly 1 million dollars next year and well retire if you'd like.
Again I have to say this is speculation and for entertainment purposes only.

What if we pushed this chart out another 10 or even 15 years from now?

That's all within many of our lifetimes right?

It's speculated that 1 bitcoin in 2033 during the next bull cycle could be in fact.... drum roll please...
$1,000,000 yes 1 million dollars per bitcoin in 2033 is the current prediction based on these laws of finance.

What are you thoughts on this prediction?

Posted Using InLeo Alpha