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BTC is right where it should be in relation to its 4 year halving cycles by jrcornel

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hive-167922 · @jrcornel ·
$12.87
BTC is right where it should be in relation to its 4 year halving cycles
# Long story short: Bitcoin has a ton of runway left

The bitcoin cycles have been extremely predictable since bitcoin was created, for that to change now would be to expect something different.

Those of you involved in finance know that is a very dangerous game.

Bitcoin is pretty much exactly where it should be price-wise in its current halving cycle.

Here is compared with the previous halving cycle:

![image.png](https://images.hive.blog/DQmWCjHgNuUPPdWrermDi9UJYiSktwGfgPTDCTP8i1TvBwU/image.png)

(Source: https://twitter.com/woonomic/status/1326570813491875840/photo/1)

A quick look at the chart above shows that we probably have about 75% of our move left still ahead of us.

It points to a peak somewhere near the end of 2021 and at prices several multiples of where we are today.

# But how do we get there?

It's fun to look at all these charts and throw out these extremely high price targets but at the end of the day it is going to take real money coming in to move the price.

Especially to move the price by the hundreds of billions we are talking about.

Where is that money going to come from?

It gets pretty easy to see where that money is going to come from when you see things like this from Grayscale alone:

![image.png](https://images.hive.blog/DQmVmpqNdv1CKqSGFg4m7pBrE9UKnyCJTtgqF6qhQcKUaLx/image.png)

(Source: https://twitter.com/BitcoinRonahi/status/1327591184185892864/photo/1)

In the last 24 hours alone, Grayscale added over 7k bitcoin.

That equates to north of $112 million just in the last day.

When you see days like that it gets pretty easy to see where the money is going to come from...

The majority of inflows into Grayscale are from hedge funds and institutional investors.

# But wait, there's more...

Oh and don't forget, gold is a $10 trillion dollar market and bitcoin is a $300 billion dollar market.

Bitcoin could easily pull 15% from the gold market and that would be 5x from the current price, even more actually considering that every dollar into bitcoin equates to a couple dollars gained in market cap...

Which means 15% coming out of gold could equate to 7x plus from the current levels... and that is just the gold market.

Don't forget about the other multi trillion dollar store of value markets which will undoubtedly bleed into bitcoin.

Taking this into account, it starts to become clear where the money is going to come from and how easy it will be for bitcoin to reach some of these seemingly lofty predictions.

Stay informed my friends.

-Doc

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vote details (427)
@acesontop · 
It's quite simple. We're gonna have the peak in about 500 days from halving. It won't definitely be a straight moonshot.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/hive-167922/@acesontop/re-jrcornel-db4ki)
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vote details (1)
@aljif7 · 
Maybe we are over the last opportunities to get positions before it really begins the rally, so you can feel like ending 2017. Right now is not that crazy feeling!
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@chireerocks · 
@jrcornel, Sometimes it feels like no matter what we are talking about, **Particular Subject** or **Aspect** is aligned with **Numerics Of Time**.

Sounds like **Bitcoin Journey** is aligned with **Numerics Of Time**. Stay blessed.
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@eddiespino · 
Thank you for this information. It's amazing how patterns repeat, I will keep researching these topics because I'm still very new but this gives me hope for the future. It seems we are on the right track. Wishing you a happy weekend!

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@edicted · 
Two things of note: 

1. Only ~900 BTC is generated a day from mining. 
2. Real-estate store of value will pour into Bitcoin. 

So not only are we going to get a share of the gold, but also property.  This is a big deal because not everyone wants gold, but everyone wants to own a property.  Everyone gets told time and time again this is the proper way to store value.  

However, when we plug the numbers, the interest one pays on a mortgage is insane.  By the time you've paid off the house you've paid off another house directly to the bank. Not so with Bitcoin. 

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@gandhibaba · 
I think that I agree with the fine analysis you've made here, especially that part that talks about 2021.

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@mandate · 
Seems like as day goes by, bitcoin is growing to become undefeated giant in the crypto space
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@rarej · 
I knew there was still a lot of money in "mainstream" markets that hasn't flown into the crypto market yet, but I didn't realize the proportions were this massive. Thanks for putting that into perspective.

And well spotted on that cycle. In most cases if you zoom out the chart far enough, you can see patterns repeating themselves. It's definitely a secret weapon for long term hodlers.
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@scaredycatguide · 
I was at a real estate meetup yesterday and crypto always creeps into the conversation and I basically pointed out, are 21 yr olds going to be buying gold or crypto over the next 10 years as they age and begin to invest.

Just the retail argument is even bullish taking investors from gold.

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@jrcornel · 
Yep, there have been many surveys showing how millennials (and younger) prefer bitcoin and crypto to gold. What is going to happen when they start to inherit all of grandpa's, and then their parents, wealth???
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