Historical Data Suggests Bitcoin Could Rise 1,000%, Here’s Why

Quick Summary:

Going by PlanB’s prediction, if the Bitcoin price were to finish in the bottom of the range with a 700% increase, then the price would be looking at at least $400,000 by the time the bull market is over.

Over the years, the Bitcoin price has been through multiple bull and bear cycles, and with the cycles have come a rather consistent trend.

The crypto analyst points out that the Bitcoin price has already completed the first phase of this trend after rising 4x since 2022.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets: United Kingdom

Topics: Bitcoin news Bitcoin Btcusd BTCUSDT Btc BTC news Btc price Bitcoin Bitcoin price

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-22 @ 05:00:30 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 491 words

Reading Time: 3 minutes read

Sentences: 69 lines

Sentence Length: 8 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 22203659

View Article Analysis

About NewsBTC

Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 9 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 8 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

Publisher Details

Frequently Asked Questions