Bitcoin Cycles,~$243,000 during the next year

Based on The ARK Research published on Nov 15, 2024. The bitcoin price has increased 5.72x in the 2015-2018 cycle and 5.93x in the 2018-2022 cycle. If it continues to follow the average pattern of those two cycles, the price of Bitcoin over this cycle could increase 15.4x to ~$243,000 during the next year (880 days after the cycle low in November 2021), as shown in the dotted circle below. https://www.ark-invest.com/articles/analyst-research/bitcoin-cycles-entering-2025

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