If Bitcoin were to follow a similar pattern as it did in previous cycles, the all-time high might occur roughly 12 to 18 months after the halving event on April 20, 2024.
Here’s a breakdown of the pattern:
1. First Cycle:
• Halving: November 28, 2012
• All-Time High: November 29, 2013
• Time Between Halving and ATH: ~12 months
2. Second Cycle:
• Halving: July 9, 2016
• All-Time High: December 17, 2017
• Time Between Halving and ATH: ~17 months
3. Third Cycle:
• Halving: May 11, 2020
• All-Time High: November 10, 2021
• Time Between Halving and ATH: ~18 months
Estimating the Next All-Time High:
If we assume a similar pattern, the next all-time high could occur:
• 12 months after April 20, 2024: Around April 2025
• 18 months after April 20, 2024: Around October 2025
So, if the pattern holds, the next all-time high could potentially occur between April 2025 and October 2025.
👊
#USInflationAboveTarget #HaveYouBinanced #cryptomarketcapATH #MidNovemberMarket #TrumpNominatesMuskDOGE