Why Nostr? What is Njump?
2025-04-04 05:08:31
in reply to

TheBitcoinBattery on Nostr: Current potential bottom is $79,741.07, with the price at $81,321.04 today we're at ...

Current potential bottom is $79,741.07, with the price at $81,321.04 today we're at 1.0198 times the potential bottom. Bitcoin has not fallen below this calculated potential bottom trend line 99.9% of the time since July 1st 2013 with a few exceptions of things for which we need to account and adjust.

This is after adjusting for the 2 large macro events that actually shifted the overall trend line downward on the Y axis, being the COVID shutdown and the China mining ban, as well as also ignoring the temporary mid 2015 exchange glitch that crashed the price for a few months but did not change the trajectory as it's resumed it's course after.

I know this sounds a lot like "it works perfectly! Except when it doesn't", but my personal view is that this simply means the growth rate of Bitcoin cannot be stopped, it can only be delayed. We cannot predict the future considering the unknown macro events that may very well shift the trend down again and delay it further, but I do know what is most likely to happen if macro events like that don't occur based on the historical data.

By April 5th we will have a potential bottom of $80k, with a strong possibility that we'll never go below that again.

By the end of 2028 we will likely see a potential bottom (unlikely to go lower) of $1,000,000 per coin regardless of the current temporary bubble that may touch that price briefly this year before correcting back to the overall trend line about a year later Q4 2026.

We hit bottom yesterday, hitting 1.007 times my calculated bottom of the trendline. Save this post for future reference, without a major unforseen global macro event that lowers the trend's position on the Y axis, on the path to a sustainable $1,000,000 #Bitcoin we will never drop below the following prices after the corresponding dates:

Today - $76k

04/05/2025 - $80k

06/02/2025 - $90k

07/23/2025 - $100k

10/20/2025 - $120k

02/07/2026 - $150k

06/27/2026 - $200k

10/15/2026 - $250k
(This cycle's Bear bottom)

01/12/2027 - $300k

03/28/2027 - $350k

06/02/2027 - $400k

07/29/2027 - $450k

09/19/2027 - $500k

12/17/2027 - $600k

03/01/2028 - $700k

05/06/2028 - $800k

07/02/2028 - $900k

08/23/2028 - $1m

We may hit $1m this year briefly, but it won't be sustainable and we will return to the overall trendline.

☮️🧡₿
Author Public Key
npub1kl8aguhljq6yrmrv64dm2phew3pprfhx3ef9yh2zg3gkn0dq8adqzfq497