Because there are so many incorrect charts floating around, I decided it was time to create a long-term chart.
I believe that the logarithmic chart’s right fit is a square root function, which indicates that the growth is slowing over very long durations. BTC can’t just keep expanding exponentially. In 2025, this would result in outrageous pricing in the millions.
I am a long-term bull on bitcoin, but one must maintain reality.
The halvings are what drive these growth cycles since they always result in a supply shock and a subsequent rally.
Of course, these are all just estimates, but I believe this chart to be accurate.
BTC’s long-term target is, in my opinion, about 150K USD in 2025 or later. It can be considered the last asymptotic price because it won’t increase any further after that.
After the halving, the market experienced a roughly 1000-day bull and bear run. Using historical data, we can determine that Bitcoin entered the subsequent halving at a point that was almost 50% below its peak. In light of this, the price of Bitcoin may reach close to $35,000 before the subsequent halving.
I hope this graph clarifies how BTC’s long-term growth dynamics work.
Only in a probabilistic approach, this concept
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