Wouldn't it be nice if you had a cheat sheet telling where and when bitcoin was going to peak?

What if you had a cheat sheet telling you where and when bitcoin was going to peak during this current bull market?

While we don't have a crystal ball, we may have the next best thing!

Here's a chart taking the post first halving rally and the second post halving rally and giving you an average and estimate of where and when this current post halving rally may peak...

Check it out:

(Source: https://twitter.com/gordongekkonl/status/1330586417047642112/photo/1)

The blue line is the first halving, while the red line is the second halving, and the yellow line is the average of the two.

All scenarios start from the halving this year at $8,601 on May 11th, and then use historical data to get a cycle high and a time frame for when that high will happen.

What can we learn from this?

If we follow the first post halving rally we are going to peak around June of 2021 at a price north of $720k per coin.

That sounds nice and all but in all reality the second halving is likely much more comparable to where we are today in terms of the crypto ecosystem.

Which means that is probably the one we should pay most attention to...

If we follow the second post halving rally we are going to peak around October of 2021 at a price around $200k per coin.

Based on the data above it looks like the optimal time to sell bitcoin may be in or around October of next year.

However, this doesn't mean it will play out exactly like this, but I am willing to bet the peak happens within a few months of this, on either side of it.

Meaning, we could peak anywhere from late summer to very early 2022.

If I had to guess specifically, I think we peak a little over $100k and I think it happens in December of 2021. Not as bullish as some, but I like to

There you have it, your cheat sheet for bitcoin prices both in terms of a peak price and when it might occur.

Just sit on your hands until late next year and you are likely to capture the vast majority of this move.

Stay informed my friends.

-Doc

Posted Using LeoFinance ^Beta