07 Mar Bitcoin Stimulus Check bump by the numbers
I did a bit of research just to see what has happened the previous 2 times. It’s very good news.
Stimulus check 1 beginning of disbursements:
April 24, 2020
Price of BTC $7498
Peak May 8 $9917
14 days, growth of 32%
Stimulus check 2 beginning of disbursements:
December 30, 2020
Price of BTC $28,768
Peak Jan 9 $40,519
10 days, growth of 41%
Stimulus check 3 beginning of disbursements:
March 22, 2021
Price of BTC ?
Peak maybe 12 days later on April 3?
Average of two previous growth periods, 36.5%
Price today 3/7 is $50,444
If that stayed flat until the 22nd, but then experienced similar growth to the two previous stimulus check bounces, then the new price on April 3rd would be $68,856.
This is only one metric, with limited samples, but chances are… you’re not too late.