Today I find an interesting graph about bitcoin price trend, this chart predicts the possible price of BTC in the upcoming fourth bull run
From the first bull run to the upcoming fourth bull run, bull runs usually become more prolonged, and a bit less intense over time.
In the fourth bull run, the highest price of BTC will up to $160k in September 2023 rather than 2021 commonly assumed, and in October 2019 BTC will crash down $3000, from October 2019 to January 2020 is the lower price period of BTC, and it will be the best time to invest.
What this chart presents matches up with an article I read earlier, the gist of that article is that the lower point of BTC price may appear after September 2019, rather Jan 2019
I dont know what algorithm does this chart uses, maybe itself no algorithm.
what you do think about the viewpoint of this chart, please leave your comment or viewpoint.
image url：
https://ibb.co/TK5my5TIt's till a speculation mate which is no assurance whether it will be happen or not. But, being a positive in bitcoin is not quite bad instead its help ourselves to be more courage and avoid discouragment about blockchain industry. I hope, you will lget ucky by predicting the upcoming bullrun in the future.