Bitcoin Lifecycle and Price Change Patterns
Discover an interesting pattern: whenever the age of BTC increases by 40%, the price also increases by 6 times. For example:
In 2017, when Bitcoin was 8 years old, a 40% age increase brings it to 11.2 years old.
That is, from 2017 to 2020, BTC's price rose from $1.74K to $10.44K.
In 2020, when BTC was 11.2 years old, a 40% age increase brings it to 15.68 years old.
That is, from 2020 to 2024, BTC's price is expected to rise from $10.44K to $59.16K.
In 2024, when BTC is 15.68 years old, a 40% age increase brings it to 21.95 years old.
That is, from 2024 to 2030, BTC's price is expected to rise from $59.16K to $354.96K.