#WriteToEarn
🔥BTC🔥
🚀#Bitcoin from the BEAR market BOTTOM it is up 588%
🧐Let's see what HISTORY says How much higher can it go⁉️
▪️The total amount of money invested in Bitcoin ETFs surpassed $100B, the interest is clear
▪️Major US asset managers are on a buying spree, driving this rapid growth
▪️While the uptrend has slowed a bit recently, Bitcoin remains on a strong upward trajectory.
👉This is not new for Bitcoin, in February 2017, Bitcoin broke its previous ATH of $1,100
-It then went parabolic, rising 200% in the next 100 days
👉We saw this pattern again in December 2020
-Bitcoin broke above $19,000 (The previous ATH) and then rose another 200% over the next 100 days
👉Today, Bitcoin broke above $70,000 (The previous ATH) and is already up 40% in less than 50 days
-If history repeats itself and Bitcoin rises another 200% in the next 100 days post ATH breakout, $BTC would hit $200K
💥On the other hand, price PREDICTIONS abound among the PRICE MANAGERS ASSETS:
▪️According to Standard Chartered,#bitcoinwill reach $250,000 at most
▪️Bitwise predicts in this scenario that bitcoin will reach $200,000 by 2025.
▪️VanEck sees a price around $180,000 for #bitcoin
▪️Bitfinex maintains that price estimates reach $200,000 under favorable conditions
👉In short, if history REPEATS itself, $BTC should reach MINIMUM $200,000.