Post
Topic
Board Economics
Re: Bitcoin's Next Direction 2017 Predictions
by
cipherer
on 11/05/2017, 18:45:58 UTC
Hello,

After successfully predicting BTC moves in 2016 here on the forum, I have a new set of 2017 predictions that I'm using to trade the current move.

1. Rise to $1,200-$1,300 (Current move)
2. Correction to $800-$900 level and range trading for a while
3. Rise to $1,500
4. Correction to $900-$1,000 and range trading for a while
5. Continued rise to $2,000 by end of year

tldr; BTC will double this year after making a couple of moves up and down.

Wow, I haven't been introduced to bitcoin during the beginning of 2016 and I wasn't able to see all the predictions made but I certainly take not of this good sir. Hopefully your predictions stay true again this time and I think it would be better for me to just keep on earning and holding on to my bitcoins for the time when it goes to 2k at years end. Cheers to a great 2017 to all of us!

J just read this prediction (newbie), very interesting, can you explain the set of arguments of this prediction? Because i'm interested in the underlying empirical framework. Thank You!