Buy the dip! Before May 2020 Halving event. 3 Million to mine!

So the halvening and block reward is approaching fast for all miners and nodes in the btc network. This is a big deal as there will be need for more processing and investment in electricity to keep this asset alive. This is good news. New processing chips 5nanometer are being made available for future mining of this scarce asset. I expect a fair price of 100k-500k in 2021. This is just a matter of time that it starts a next 3500-5500-7500% bullish cycle that was sparked in september august 2016. Which puts us at a fair price around 500k usd per BTC in December 2020 or December 2021. This calculation is simple. Take previous ATH % and calculate, its around 3500 % from a price of 550 usd.

So the calculation is now either from 20k btc price or from 14k btc price which anyways gives us :

1 btc= 550 usd

550 + 3500 % = 19800 usd per btc.

So we then BTC continue its next bullish cycle from previous ATH.

19800 + 3500 % = 693,000 usd per btc.

If these calculations are correct, I would soon agree with the other bulls like McAfee.
Around December 2021 or a little sooner.

Disclaimer:

Not trading advice, do your own calculations.