Dan Held Bitcoin over $300,000

2021 BTC bitcoin projection all time high ATH

@danheld

2021 projection

“all models indicate Bitcoin over $300,000 Bitcoin $555,000 is simply the average of 1st two cycles or a 28x. This cycle so far has been an average of the previous two cycles. It’s the 4 year cycle”

To be absolutely accurate the bitcoin cycle is governed by block height not date. The cycle happens every 210,000 blocks mined.

$555,000 will be perfectly in line with the S2FX asset model published by @100trillionUSD. In his interpolation with gold we can clearly see that #Bitcoin should reach the same Marketcap somewhere during Q4 2021 or Q1 2022.

I think a more realistic approach is not to average, but to ~halve, so you get something like 8-10x, which gives you $150-200k. With maturity, everything slows down, moves become less dramatic.

Check to see this on September 1 2021 9/1/21

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