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$)
Last bull market was ended in january and on the statistic bull market continues approximently one year. Bearish maret on the statistic continues approximently 10 mounth and if look on past periods, next bull market begin in october - december 2018. Therefore based on past years can to make computation next price bitcoin:
2020 year: 6500$ x 16 = 104 000$ ?
Guys it's only statics as per past years, don't accept this how accurate prediction future.
In some four to six years to come we should be trading bitcoin above $100,000. I think now should be the best time to invest in cryptocurrencies. Bitcoin has the great potential to move in 1000x in years to come
It will never happen till the rest of the world. $100,000 is very huge amount and I think it is not good to put this huge money just in one bitcoin. In my opinion if the price crossed $20000 the demand for bitcoin will be reduced because if there is little bit decrease in the price investors will lose lot of money. Therefore I think that the current price is very reasonable.