Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
So, when are we going to hit $1,000,000?
Let's project.
If we assume the average doubling floor time of 6 months over the last 5 years (including the 2014-2015 bear market):
$20k Aug 2018
$40k Feb 2019
$80k Aug 2019
$160k Feb 2021
$320k Aug 2021
$640k Feb 2022
$1.28MM Aug 2022
Three and a half more years.
If the doubling time persists at 3 months (the approx. average of the last three doublings), then just under two years. Mid 2020.
Wow.
You lot that like to sell your BTC in increments to buy back, take note that you dont run out.