Stock to flow 120724
How many days are remaining until the next halving?
https://charts.bitbo.io/stock-to-flow/
1005 Days remain
until the '3.125 coins per block' reward decreases to 1.5625 coins.
https://www.bitcoinblockhalf.com/
Total Bitcoins left to mine: 1,108,622
Total Bitcoins left to mine until next blockhalf: 452,372
40% of the coins remaining to be mined, will be created by April 12th 2028. This is the final countdown!
Using the color gradient I can identify approximately where in the cycle BTC is.
How low can the price of BTC go right now?
During the last two cycles, the price continued to rise.
https://bitcointicker.co/stamp/btc/usd/6Mth/
6 month low: $74,434 USD.
6 month high: $118,839 USD
Proverbs 21:5: "The plans of the diligent lead to profit as surely as haste leads to poverty."
Ecclesiastes 3:1, 6: "To everything there is a season, and a time to every purpose under the heaven... a time to keep, and a time to throw away."
Ok grandpa, back in your day there wasn't $108 Trillion dollars.
https://bitcoincounterflow.com/charts/m2-global/
As long as global M2 continues to expand, Bitcoin will likely rise and fall in its cycles, accumulating more and more market cap.
Claude: 'The statement is well-supported by empirical data and analysis: Bitcoin’s market cycles and long-term market cap growth have shown a strong, though not absolute, correlation with the expansion of global M2 money supply'*P
"The Pi Cycle indicators is composed of the 111 day moving average (111SMA) and a 2x multiple of the 350 day moving average (350SMA x 2) of the asset's price. This metric shows when an asset becomes significantly overheated (the shorter MA reaches the levels of the larger MA), and has historically been a good indicator for cycle tops. This metric was first put forward by Philip Swift."
Today's Mayer Multiple: 1.21
"The Mayer Multiple is the multiple of the current Bitcoin price over the 200-day moving average. Why 2.4? Simulations performed by Trace Mayer determined that in the past, the best long-term result were achieved by accumulating Bitcoin whenever the Mayer Multiple was below 2.4."
Finally, this final chart shows what could happen if this cycle repeats.
https://charts.bitbo.io/cycle-repeat/
This is NOT a prediction, just a model, which suggests BTC could reach $302,232 USD by June 12th 2029, if this cycle repeats exactly (which it wont). It does however give us some perspective about the direction the BTC price could go over the next 4 years.
Do your own research!
This is not financial advice, just observations over time.
Don't buy BTC unless you can afford to lose it.
@Darkflame
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