I've found an interesting observation in regards to the halving rewards and price for each cycle. There seems to be a strong connection between them and I've created a model, too better explain what I've noticed.
The main equation which I think describe the price of Bitcoin in the future, based on the price takes in consideration the price at the moment of halving and the block size rewards.
The equation is
Block Size Rewards X Value of 1 BTC (at the time of the previous Halving) = Future Halving Price
This model gives me a price per BTC around 187,000$ in 2024 at the next halving and over 1,100,000 in 2028.
it's the most remarkable observation I've made until now studying the Bitcoin chart.
The main equation which I think describe the price of Bitcoin in the future, based on the price takes in consideration the price at the moment of halving and the block size rewards.
The equation is
Block Size Rewards X Value of 1 BTC (at the time of the previous Halving) = Future Halving Price
This model gives me a price per BTC around 187,000$ in 2024 at the next halving and over 1,100,000 in 2028.
it's the most remarkable observation I've made until now studying the Bitcoin chart.
King