Hal on Nostr: Love it when you zoom out. Last cycle had headwinds and essentially went from ~$10k ...
Love it when you zoom out.
Last cycle had headwinds and essentially went from ~$10k in the last 15% of time before the halving to $60k. ~6x.
If cycles continue and we only get 6x this time around, that’s $150k-$180k per bitcoin.
With some tailwinds like the spot ETF and FASB accounting rules, could be a fun ride.
Halving Progress 85%. #Bitcoin
Published at
2023-09-23 23:38:35Event JSON
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"content": "Love it when you zoom out.\n\nLast cycle had headwinds and essentially went from ~$10k in the last 15% of time before the halving to $60k. ~6x.\n\nIf cycles continue and we only get 6x this time around, that’s $150k-$180k per bitcoin.\n\nWith some tailwinds like the spot ETF and FASB accounting rules, could be a fun ride. nostr:note18xg4mxexuw499mxhl3c9l5rfhcc2ar9jk4k2sasx2972jysmlkpqv9uaue",
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