🚨 If they repeat the success of the previous cycle, the price of Dogecoin would reach $53.1, and Bitcoin $504,700.

The last Bitcoin halving was on May 11, 2020 at a price of ~ $8,400.

Since then, the price has steadily increased and reached ~ $69,000 in the following year. An increase of 721%.

Dogecoin price was ~ $0.0025 on May 11, 2020 and hit ~ $0.74 in the following year. An increase of 29500%.

While it is tempting to think that both coins can repeat the success of the previous cycle, with Bitcoin reaching $504,700 and Dogecoin reaching $53.1, it should be remembered that the conditions are not the same now as in the previous bull run.

- Both coins are bigger now, liquidity is tighter and therefore they are more difficult to move.

- Unlike today, in 2020, governments gave free money to citizens. A large part of it went into investments.

- The number of scammers, rug pullers who create meme tokens with the help of which they extract liquidity from crypto, has never been higher.

+ But on the other hand, traditional institutions have now entered BTC, and possibly soon Dogecoin, which opened the door of crypto to the boomers.

+ Halving is expected to happen on 4/20 which can make BTC high.

Therefore, I say with some certainty that I have no idea what the price of Doge and BTC will be this season.

Collected post from @Repeataftervee

always DYOR