Mining Guide

Bitcoin's last three cycles all peaked in November or December, spaced four years apart. Previous cycle highs: 10 Nov 2021: $68,997 17 Dec 2017: $19,804 29 Nov 2013: $1,242 If that pattern continues, this cycle would peak in November or December of 2025. Bitcoin has also followed a power curve for 15 years. The power curve forms a nice support line that I consider the intrinsic value of the network. My favorite way to measure current price relative to the support is the "years ahead" metric. This metric tells you how long it could be, in the worst case, before the support "forces" prices higher than they are today. Many on CT have declared that this cycle is different. I heard the same when I posted this last summer. Back then, everyone was sure that the ETFs and MSTR would end the cycle pattern and invalidate the power curve trendline. What ended up happening was that Bitcoin underperformed expectations over the following year and now price is back to the mean of the cycle pattern. The mood has shifted over this last year. Now, people seem to believe we couldn't possibly move from $100,000 to $200,000+ by the end of the year. I still believe that we will. If we zoom out though, this cycle doesn't matter. My coins have been in cold storage for years and they'll still be there ten years from now. You don't need to trade, you don't need leverage, you don't need to pick the next btc treasury company, and you don't need to learn about options. You can build generational wealth by simply saving in bitcoin. Follow @apsk32