Quote from: unusualfacts30 on December 13, 2018, 12:34:07 PM

Quote from: matjazsircelj on December 11, 2018, 02:34:01 PM

There's a lot of price predictions on Twitter, some more serious, some less, and some hillarious.

We could put together a list of predictions from people who are somehow important players in the crypto space.

Bobby Lee has a cool point (let's hope;):

If history repeats perfectly, then the current bear market for #Bitcoin would bottom out at $2,500 next month, in Jan 2019.
And then the next rally would start in late 2020, peak out in Dec 2021 at $333,000, and then crash back down to $41,000 in Jan 2023.
Something like that?🙂

https://twitter.com/bobbyclee/status/1071100283638280194

Lee has made many predictions in the past but only few of them have come out correct. I am not sure how he thinks that bottom would be 2500 next month and then it would stay there till 2020? it's hard to understand how he formed that conclusion when market rarely stays at its bottomed out price for years. People had made predictions in the past about bitcoin price but most of them have been flat out wrong but I imagine it's a good publicity strategy that help you gain more followers. History does repeat itself but not exactly and there is no timeframe for when and how exactly it would be repeated.

As it was posted "Prediction" will always be a prediction. That's good for an investors who would invest for long term with out fear from any possible loses along the way towsrds 5 years. The market is crazy, it is unpredictable, very volatile. Bitcoin facing a lot of issues Scammers, Hacking, FUD, and the Regulation by government whom against the entry of crypto market into the main stream. But i am optimistic once all of this issues are resolved the more favorable crypto market trading will be seen in the future.