Post
Topic
Board Speculation
Re: When Bitcoin 100 000?
by
JMD07
on 08/10/2018, 14:37:30 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.
bitcoin price will not follow in any pattern as this will depends on the market supply and demand. Hitting a price of $100,000 per bitcoin will need huge amount of money to fill-in into cryptocurrency. Imagine how huge is the money flowing in the cryptomarket and this may create also some negative effect on the fiat. Although it's unpredictable and who knows if this will happen I just hope that I have enough bitcoin on my wallet.