Post
Topic
Board Speculation
Re: When Bitcoin 100 000?
by
cellard
on 27/09/2018, 22:38:50 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.
That mean we should expect another bull run from January next year. However,  if ETF is approve then bitcoin heading towards $50,000 to $10,000 will be possible before end of 2019. I have seeing how many of us here has predicted bitcoin's price and your predictions came to pass and I believe that in the next one year we should have a good time in our investments.

I don't expect the ETF to pass until late 2019 or 2020 mid quarter. I think it's going to be harder than most people think, to get the ETF done. They want to kill the last noob standing and they want to hold all the BTC before they pass the ETF and the price goes to jupiter. At this point, there's simply way too many noobs with absolutely no knowledge on the fundamentals holding bitcoin, which must be moved into smarter wallets.

Once this process is done and all the bitcoins have been re-distributed accordingly, the price will go to 6 figures and the talks of world reserve currency will start showing up on mainstream media. By that point the future rothchilds will already be formed as most noobs gave away their bitcoin to them.