THETA experienced 450x gains over the course of a year from March 2020 to March 2021 and has been consolidating since. It is one of the few blue chip projects that has seen no major bounces or relief since it peaked and since the May 2021 market crash. Should the bull market continue from here, or we are to experience only a short bear season, THETA is primed to explode more than most, but here we can theorize what to expect if we are in fact in a multi-year bear market. By throwing together a rough logarithmic regression analysis using THETA’s own fractal and stretching it to account for lengthening cycles, we can see that a price target of $500 within a few years is not out of the question. This would produce 250x gains from a $2 bottom. Worst case I would expect THETA to find a bottom around $1.50, which would only further gains if you can catch the flush.

Fundamentally, THETA is strong. It has an active team, unique use case that is being leveraged by partners such as WPT and GFUEL, and the network is supported by major companies like Samsung, Sony and Google . If we can’t turn the market around in the short term, I think it will survive a prolonged bear market, so I’d like to be prepared for either scenario. I’ve been accumulating THETA heavily as I believe we are ultimately in a good buy range and I’m willing to wait if I have to. As always, DYOR and trade based on your own objectives, timelines and risk tolerance levels.