Mags

Will #Bitcoin peak in the next 12 months ?

The real bull market starts once Bitcoin breaks above its ATH and enters price discovery, but as soon as the ATH is broken, price tops out in the next few months.

In 2017, BTC went up by +1300% and topped out in 9 months since it broke out above its ATH.

In 2021, BTC went up by +250% and topped out in 12 months since it broke out above its ATH.

In the current cycle, BTC just broke out above its ATH, If we witness something similar we can expect price to top out in next 9-12 months ±

A very conservative growth in price, ignoring all the bullish narratives, would be :

+120% growth in price would put us at $150k

+200% growth in price would put us at $210k

Whatever your target may be, one thing is certain Bitcoin might top out in the next few months but price is going much higher from the current levels..