Bitcoin's Growth Potential Over the Next Three Years

After several tries, Bitcoin has finally managed to break through the upper limit of its sideways trading range. This flat phase is the longest we've seen in crypto history, and it's typically the signal that the crypto winter is coming to an end each cycle. Looking at the Bitcoin chart, it’s pretty clear that this current uptick began right around the time the first missiles hit Iran. Since then, despite all the negative news from the Strait of Hormuz, BTC has consistently reached new local highs. Investors in crypto seem to be brushing off the bad news because they've already faced severe fear. The Fear & Greed Index has been hovering in the 10-15 range for a while now, which is another strong indicator that Bitcoin has hit its low point. According to traditional cycle theory, Bitcoin is set to climb for a couple of years before the halving and then continue to rise for another year after the miners' rewards are reduced by half. Historically, this has always led to at least doubling the price established during the crypto winter. So, if you jump in now, you could potentially see a 50% return per year. Is this kind of profit appealing to you?