#Bitcoin halving years and $BTC prices
A simple math exercise:
Nov. 12, 2012 - $10
July 9, 2016 - $650 -> 6500% growth from 2012
May 11, 2020 - $8,600 -> 1300% growth from 2016
1300% = 20% of 6500% (2016)
Today, March 27, 2024 - ~$70,000 -> 813% growth from 2020
813% = 60% of 1300% (2020)
Year 2028 halving - ??
(2016) 6500% to (2020) 1300% = 80% growth
(2020) 1300% to (2024) 813% = 40% growth
probability in 2028
813% : ?? = 20% growth
813 : 650 = 20% growth
(2024) 813% to (2028) 650% = 20% growth
therefore
(2024) $70,000 x 650% = $455,000 in 2028
(2028) $455,000 = 650% growth from 2024
if we divide 650% by 4 years (48 months) is approximately 13.4% per month average growth.
again, most probably, by the next month's halving, BTC can be:
$70,000 x 1.134% (13.4%) = $79,380
or approximately (more or less)
$80,000
will be the price approximation of $BTC on or before April 20, 2024, and:
$455,000 - $520,000 -> 650% growth from 2024
in 2028 next halving.
are you following me now?
