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@DurdenBTC I think that's possible. But if we do, we'd be ~2.5 years ahead of the power curve. I'd expect Bitcoin to underperform after that.
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@TylerDivv @apsk32 @DurdenBTC I believe what he means is that if it were to rip that high; it would be overextended based on this power curve extrapolation and to 'fit' it would underperform for a few years.
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On 1 Feb 2027 Bitcoin is worth $180,000. That is 2.2 years ahead of the power curve fit. On 1 Feb 2029 Bitcoin is only 1 year ahead of the power curve fit, which corresponds to a price of $224,800. That's an average yearly gain of 11.8% over two years, which would be disappointing for many.
More plainly, if the power curve remains a good forecast of Bitcoin's future price, then frontloading gains means we will need to stall for a while so that the trendline can catch up.
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