• Powered by Roundtable
    Eli Gershzon
    Eli Gershzon
    Jan 16, 2025, 06:40

    Let’s talk Bitcoin. Whether you’ve been holding onto your BTC since the early days or you’re just now dipping your toes into crypto, there’s one question on everyone’s mind: What’s next for Bitcoin? With the halving now behind us (April 19, 2024), we’re officially in the buildup to what could be Bitcoin’s next big peak. I’ve crunched the numbers, looked at the history, and here’s what I think you need to know. Why Does Bitcoin Always Make Headlines? Bitcoin isn’t like stocks or real estate. It works on a predictable, four-year cycle tied to an event called the halving. This is when the reward for mining new Bitcoin gets cut in half. Why does that matter? Less supply, same (or higher) demand – you do the math. Here’s a quick look at past cycles: 2013: Bitcoin hit $1,200. It was a big deal for early adopters. 2017: $20,000. Suddenly, Bitcoin was everywhere. 2021: $69,000. Institutional investors and Tesla jumped in. If the pattern holds, we’re looking at the next big run peaking in July 2025, somewhere around $200,000 to $230,000. How Can Bitcoin Get There? You might think $200,000 sounds crazy. I get it. But hear me out – there are solid reasons to believe it’s possible: 1. Bitcoin’s Growth Isn’t Random: Over time, Bitcoin has followed a logarithmic growth curve. Basically, the price climbs slower as it gets more mature, but it’s still climbing. 2. Big Money Is Moving In: With the approval of spot Bitcoin ETFs, it’s easier than ever for institutions like pension funds and hedge funds to buy Bitcoin. 3. Global Turmoil Works in Bitcoin’s Favor: Inflation, bank failures, and distrust in traditional finance are driving more people toward Bitcoin as a way to store value. So, When’s the Big Moment? If you want to get specific, history tells us that Bitcoin peaks about 450 days after the halving. That puts us somewhere between July 1 and July 30, 2025. How Will You Know It’s the Top? Here are the three main clues: 1. RSI (Relative Strength Index): If this technical indicator spikes over 90, it’s a sign the market might be overheated. 2. MVRV Ratio: This metric compares Bitcoin’s current price to its “real value.” A big gap often means a correction is coming. 3. Pi Cycle Top Indicator: It sounds fancy, but this has been one of the most accurate ways to predict Bitcoin peaks. What If It Doesn’t Happen? Let’s be real – no one can predict the future perfectly. There’s always a chance the market doesn’t behave as expected. But even if Bitcoin doesn’t hit $230,000, its long-term trajectory is what really matters. Bitcoin isn’t just a price – it’s a revolution in how we think about money. Join the Conversation,I’d love to hear your thoughts: Do you agree with this prediction, or do you think something else is coming? Drop a comment and let’s chat! About Me I’m Eli Gershzon, a blockchain expert, filmmaker, and educator. I’ve been exploring the crypto space since 2019, and I love helping people make sense of this fast-moving world. If you found this helpful, share it with your friends and let’s spread the word about what’s next for Bitcoin!

    Image