Using the history of Bitcoin as a guide, it will continue to go higher up towards $1 Million a coin.
There are events that can change this trajectory, such as a "new better bitcoin". One potential is the FED releasing USD blockchain.
How can you tell if the trend is dead?
There is a bitcoin "power law theory" that illustrates the price of bitcoin over the last 15 years:
https://giovannisantostasi.medium.com/the-bitcoin-power-law-theory-962dfaf99ee9
According to this graph between mid 2025 and end of 2025 we should see a near term peak of bitcoin of ~$150K, with a pullback to ~$95K.
If you see bitcoin break below the red line, I expect bitcoin to enter a freefall, simply because big money will be watching the bitcoin trend over the last 15 years and recognize something has changed.
https://charts.bitbo.io/long-term-power-law/
Based on this, it is reasonable to consider selling a coin in the blow off into 2025, maybe ~$145k.
Good luck!
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