Post
Topic
Board Speculation
Re: When Bitcoin 100 000?
by
chenczane
on 26/09/2018, 20:26:12 UTC
It's not prediction it's only statistics for last years. Every bull market bitcoin grow approximently 16x

2011 year : (1$-30$)
2013 year: (100$ - 1149$)
2017 year : (1000$ - 20000$)

Last bull market was ended in january and on the statistic bull market continues approximently  one year. Bearish maret on the statistic continues approximently 10 mounth and if look on past periods, next bull market begin in october - december 2018. Therefore based on past years  can to make computation next price bitcoin:
2020 year6500$ x 16 = 104 000$ ?

Guys it's only statics as per past years, don't accept this how accurate prediction  future.
No one can say when will it hit $100,000. Yes there are predictions everywhere but to be honest, no one can tell. We cannot tell the exact date and time when will it happen, we are just relying about our computation base on what is happening right now and the past.