The chart shows the projected path-to-peak based on previous growth range from previous halvings. My initial prediction is we reach the peak around 300K in the month of July 2021.
This is a wild prediction only and not to be used as financial guide or advice. I'm sharing this here for future reference. The market will always be right so please manage risk. As always, plan your trades and trade your plans.
Kommentar
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BTCUSD crawling nicely within the historical range
This is useful thankyou! I think timing will vary, but interesting that the 2017 correction around the equivalent of 40K went down to the equivalent of 25K. We might here in 2021 as well and it would be healthy.
CryptoFefe
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@Swoops, Indeed! 35K is the critical level at the moment.
Breaking 35K will lead us to strong upward move to 50K.
Else, we may go lower around 25K (or even 24K)
steelropes
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having the future dates at the bottom would make this chart much more useful, but nice. Is it possible to add that?