If BTC experiences another 80% drop in the percentage gain from the bear market low to the bull market peak, that would result in about a 422% increase for the next bull market.
In U.S. dollar terms, that would equate to an approximate value peak of $80k for the next bull market.
Of course, nothing says that this trend has to continue. There are only two data points, but technically, that constitutes a trend.
I hope this trend is broken during this next bull market; I would prefer to see a much higher peak. I think an $80k peak for the next bull market would be disappointing.
In U.S. dollar terms, that would equate to an approximate value peak of $80k for the next bull market.
Of course, nothing says that this trend has to continue. There are only two data points, but technically, that constitutes a trend.
I hope this trend is broken during this next bull market; I would prefer to see a much higher peak. I think an $80k peak for the next bull market would be disappointing.