Jan 7 2021, 05:52 PM
QUOTE(gashout @ Jan 7 2021, 03:38 PM)
Thanks for the link.
Not comparing it will have 12 years of bull cycle.
But you got to admit it will see better days this year, at least for this year.
Yup and that's just following the previous cycles Not comparing it will have 12 years of bull cycle.
But you got to admit it will see better days this year, at least for this year.
QUOTE(gashout @ Jan 7 2021, 03:40 PM)
If we assume the rate of diminishing Post-Halving returns to remain constant across all exponential “Candle 1’s”, Bitcoin could rally exponentially to a relatively conservative new All Time High of ~$90,000.
That said, this conservative extrapolation of current Post-Halving bull trends by standards of Bitcoin’s price history doesn’t account for upside wicks past key Four Year Cycle resistances (i.e. black horizontals).
This means Bitcoin could very well overextend past $90,000 and even beyond the psychological level of $100,000 before finally rejecting.
I wouldnt even bother much with price prediction, different model has different figures. No one can know what the top will be but it's somewhere thereabout la. That said, this conservative extrapolation of current Post-Halving bull trends by standards of Bitcoin’s price history doesn’t account for upside wicks past key Four Year Cycle resistances (i.e. black horizontals).
This means Bitcoin could very well overextend past $90,000 and even beyond the psychological level of $100,000 before finally rejecting.
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