Post
Topic
Board Economics
Re: Bitcoin price predictions from Twitter 5 years from now
by
tosmartak
on 20/12/2018, 11:03:17 UTC
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?🙂
It is just a possibility and I do not believe the price will move as he says. While tomorrow's price is unknown, a chance is required for the accuracy of the 5 year price prediction. Perhaps there will be greater developments in the future but for now I only give superiority the decisions that will be made in January and February.
Of course, it is a market and it will always remain unpredictable, so there is no point believing something that is said as a means of predicting what the future holds. However, judging from history and for the fact that this is still a new market with more prospect for long term growth, I believe we will get to see more ATH in the future anyway. For now, I would not be surprised the bears are done yet, until the trend shows otherwise. Time will always tell in the long run anyway, and who ever ends up right with any prediction at this point, certainly just got lucky as this is  not a game of dice.