Peter Brandt's Insights on Bitcoin's Potential Peak in the Current Cycle
Sunday, 28 April 2024, 12:55
Exponential Decay Model Indicates Peak
BTC's current cycle might be capped at $72,723, with Brandt's analysis showing a diminishing growth trend. Each bull cycle sees a significant reduction in exponential growth.
Contrasting Growth Cycles
- Four previous bull cycles display exponential decay pattern.
- Current cycle might revisit mid-$30,000 range.
Despite acknowledging lost momentum, Brandt suggests a potential future rally similar to gold market patterns. Investors face a 25% likelihood of current cycle's peak.
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