So, the price of Bitcoin has been holding pretty steady lately. On the one side, the Hayes model predicts a price of $12,629.15, almost double the current price! What's your opinion about this?
Looks like Hayes model has predicted it wrong as obviously after you put up this thread, crypto suddenly went on a bloodbath and all TA are out of the window so to speak. So there's a lot of irrational emotions going on right now (panic selling) that obliterated the market is such small amount of time and a lot of money got burned easily. So I guess our opinion doesn't matter at this point as there's no way we can really predict where the price is going to be short term.