Why will Bitcoin’s price peak at $328K in Oct 2021? -Unveiling the secret pattern of its rise and fall
Devoted over 30 years of experience in technology industries and investment market analysis, SecuX CEO Dr. Peter Chen has discovered a pattern to decode Bitcoin’s rise and fall.
Observing the last 3 halving cycles, the chart illustrates how Bitcoin multiplies by 16x from peak to peak every 4 years, and tumbles down to 1/6 of its previous price peak in about 12 months. The difference between every price dips and peaks comes to 100x, and the climb from its recovery price point to the next peak is about 10 months. Such behavior predicts the next price peak is around October in 2021 at $328,000 (USD), and will fall to just 1/6 of the price which is $54,000(USD) in about a year’s time.