Post
Topic
Board Speculation
Re: When Bitcoin 100 000?
by
Febo
on 28/09/2018, 14:40:20 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.

I dont believe we will see $100 000 Bitcoin by end of 2020. Of course there is a chance but it is a slim chance. More likely we will see over $100k Bitcoin in year 2021 or even 2020. Of course we are talking about maximum price here. not an average or a bottom.