Michael Terpin

Every single time that's happened, when it passed $30 in 2013, which is the high of the first cycle, when it passed $1,200 in 2017, which was the high of the prior cycle, when it passed $20,000 in the end of 2020, and when it passed $73,850 last year, every time that's happened, it takes off like a rocket ship.

This time it went from $73,000 after being flat for six months, it went up to $100,000 within three weeks.

And so that is what I call Bitcoin summer, and it's usually lasted between nine and 11 months.

It's a little bit longer.

Bitcoin Springs, only four to seven months and getting a little bit longer.

So we could be as long as 12 months this time.

So November 5th is when we hit the all time high of last year.

I don't think we're going to hit it.

this month because nine months from November would have been August.

I think we're still kind of in this sort of, this year looks a lot like 2017, which is the one year you didn't have a double bubble.

2013, it went from $12 to like 250, crashed back down to 50, stayed flat in the summer, ended up at 1200.

This last time it went from like in 2020, 21,

It went from like 8,700.

We had COVID around.

It still ended up going to 64,000.

Then it crashed during the summer down to the 30s.

And then it went up back to 67,000.

In 2017, it started around 670.

Took a while to get up to the all-time high of the prior cycle, which hadn't been over 1,000 in three years.

And when it hit 1,200...