🪙 When is the top of the #BTC cycle? 🪙
Colin Talks Crypto offers a model:
1️⃣ The bottom of the cycle is November 22, 2022.
2️⃣ Each cycle is approximately 4 months longer.
3️⃣ If the trend continues, the current cycle could last 37 months.
4️⃣ This indicates a possible peak on December 22, 2025.
5️⃣ Target price of the model: around $200,000.
😉 This was answered by trader Peter Brandt:
He believes that there is a 30% chance that Bitcoin has already shown the top of this cycle.
His scenario: fall to the $60k-70k zone by November 2026. The next strong bullish impulse could take #BTC to $500k. 😱
Either we will see another surge to $200k in the coming months, or the local peak has already been reached, and the next "to the Moon" will only occur after 2026. 🤔