Bitcoin Stimulus Check bump by the numbers
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Bitcoin Stimulus Check bump by the numbers

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.

submitted by /u/brickmadness
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