Mags

Bitcoin New ATH in 2024 ?? 🚨

After Comparing the Previous Two cycles, it's noticeable that #BTC takes approximately 609 to 670 days from its bottom to break above its Previous ATH and print a New one.

But How long will it take to set a New ATH in this Current Cycle? 👇

-> From 2015 bottom it took 609 days

-> From 2019 bottom it took 670 days

-> From 2022 bottom it took ??? days

If we use 2019 as an example, where price took 670 days from the bottom to reach a new ATH, we can expect a new ATH by September 2024.

However, when comparing 2015 to 2019, #Bitcoin took about 10% more time to break its ATH in 2019.

If we observe a similar trend in 2024, it could take around 737 days from its current bottom to reach a new ATH, which would place us around November 2024.

In conclusion, if History repeats, Bitcoin could potentially surpass $69,000 sometime in November 2024 (Q4)