According to an analysis shared by Ecoinometrics on X, a chart projects the potential price of Bitcoin based on the performance observed in previous cycles.
What would happen if Bitcoin followed the trend of these cycles?
🔍 If Bitcoin replicates the performance after the first halving, its price could reach $4,500,000. Following the pattern of the second halving, it could hit $1 million.
📊 In the event of a trajectory similar to that of the third halving, Bitcoin could be worth around $500,000.
💸 It is important to remember that performance declines over time as market cap increases. However, I am convinced that a $1 million Bitcoin is a matter of time!
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