Bitcoin Bull Market Target $200k ?
Bitcoin Log Chart Analysis
- The author believes that the correct fit for Bitcoin's growth is a square root function in a logarithmic chart, suggesting that growth will slow down on long timescales.
- The author is a long-term Bitcoin bull, but remains realistic about the potential for exponential growth.
- The author attributes Bitcoin's growth cycles to halvings, which cause a supply shock and subsequent rally.
- The author estimates that the long-term goal for Bitcoin in 2025+ is around 150k USD, which they believe to be the final asymptotic price.
- Based on historical data, the author believes that Bitcoin could be around 35k going into the next halving.
- The author hopes that their chart helps people understand the long-term growth dynamics of Bitcoin, but acknowledges that these ideas are only probabilistic.
- The author believes that the correct fit for Bitcoin's growth is a square root function in a logarithmic chart, suggesting that growth will slow down on long timescales.
- The author is a long-term Bitcoin bull, but remains realistic about the potential for exponential growth.
- The author attributes Bitcoin's growth cycles to halvings, which cause a supply shock and subsequent rally.
- The author estimates that the long-term goal for Bitcoin in 2025+ is around 150k USD, which they believe to be the final asymptotic price.
- Based on historical data, the author believes that Bitcoin could be around 35k going into the next halving.
- The author hopes that their chart helps people understand the long-term growth dynamics of Bitcoin, but acknowledges that these ideas are only probabilistic.
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