Recently, although Bitcoin has been walking slowly and steadily, it has almost reached new highs every day. Who would have thought that it would go crazy in just one week, from $70000 to $90000.If Bitcoin rises to $300000 in 2025, veteran investors will not be surprised at all, and newcomers will find it unbelievable. However, the price of Bitcoin is too high.Looking to the future, we usually look at its past. Based on the historical halving trend, BitcoinThe first bull bear cycle:From 2010 to 2013, the halving date was November 28, 2012, and the reward increased from 50 to 25 coins. The coin price rose from a low of $11 to $260, a 23 fold increase.The second bull bear cycleThe halving date from 2014 to 2017 was July 10, 2016, when the reward was reduced from 25 to 12.52. The price of the coin has risen from its lowest point of $430 to $20000, an increase of 46.5 times.The third bull bear cycleFrom 2018 to 2021, the halving date is May 12, 2020, and the reward has changed from 12.5 to 6.25. The price of the coin has risen from its lowest point of $3150 to $69000, a 22 fold increase.To summarize, in each bull market after halving, the price of the currency will rise more than 20 times from the low point to the final high point. Therefore, the low point of this bear market is about 15500 US dollars, and 20 times is 300000 US dollars.#When will BTC break through 100000# Focus on Bitcoin
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