During the last phase of the bull market in 2017, Bitcoin surged 240% in just 5 weeks.
In the last phase of the 2021 bull market, Bitcoin rose 70% in just 7 weeks.
For everyone saying that a peak in either Q4 2024 or Q1 2025 is impossible — go back and study what happened in the past.
The time we have left is more than enough.
A few weeks of solid bullish price action after the U.S. Election noise subsides could easily push Bitcoin above $100k and wrap up this cycle.
Don’t underestimate how violent that move could be.
You know what they say — History doesn’t repeat itself, but it often rhymes.
Disclaimer:
This remains my favored scenario at the moment, with a macro Bitcoin top happening in either Q4 2024 or Q1 2025.
However, this prediction isn’t set in stone and can change over time.
As I always say, your goal as a trader/investor is to continuously gather new data as time passes and remain flexible.
Money over pride.
Now eyes on the U.S. Elections today and the FOMC meeting later this week.
Expect volatility.
