The 5.3 Theory – Bitcoin Not Going to $100k This Cycle… Let’s Test It.

CRYPTO CORNER EPISODE 678

Market Analysis, Updates, News & Reviews

In today’s episode I discuss the infamous 5.3x Theory, according to which, Bitcoin is seeing diminishing returns by the power of 5.3 with each cycle. The theory claims that BTC will NOT reach $100k this cycle and in fact, it will be another decade before we see Bitcoin break out of a downtrend and get above $100k. But how can this be true when everyone else is screaming $1million by 2030?
In a few words, the theory takes into account the ROI (in percentage) from the previous bull run (from market bottom to market top) and divides that by 5.3, then takes that number and projects it from the current market bottom to find where the next top will be. This way, the diminishing returns of BTC are looking rather scary and this results in Bitcoin reaching a bleak $80k price tag for the top of this market. 

Example: 
The last bull run (market bottom in 2018 to market top in 2021) saw approx. 2250% ROI. 
Take this ROI and divide it by 5.3 and you get 424%
Take the latest market bottom of Bitcoin in December 2022 of around $15,600 and project 424% from there.
You end up with a price tag of around $81,000 for the next market top.

In my video below, I scrutinise the theory, which is being proposed by a guy called Steve (no surname), from a Youtube channel Crypto Crew University who posts predominantly click-bait videos with bold claims for clout and to promote their paid courses. I watched several of his videos where he talks about his theory being based on “hard facts” and math that is “undeniable”.
Except… that’s not quite so.
I see a flaw in the theory and I explain in my breakdown why I don’t buy into his claims. Also, I show you a very precise indicator, that so far has accurately predicted every cycle top in Bitcoin since 2013, so this is really all you need, if you’re going to time the market and look for that exit point to save yourself from the next bear cycle.

►Take a look:

☝These are my opinions, not financial advice, always DYOR.

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⚠️ DISCLAIMER ⚠️

The information contained in this video is for informational purposes only. Nothing herein shall be construed to be financial or legal advice. The content of this post reflects solely my own opinions. Purchasing cryptocurrencies poses considerable risk of losses.

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