306: BITCOIN WILL HIT $340K IF REPEATS 2016 HALVING CYCLE PATTERN!! YEARN FINANCE (YFI) FLIPS BTC PRICE!! - a podcast by Justin Verrengia

from 2021-01-31T22:10:42.023393

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Bitcoin price needs to hit $340,000 just to match its performance from its last BTC halving cycle, data shows.

In order to repeat even the more modest cycle’s success, BTC/USD would have to trade at $340,000. 36x from last cycle’s high — Bitcoin’s all-time record of $20,000 — comes to $720,000.

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