I remembered that I read Some of the articles, just forgot to save the link in which is someone saying like this,
"the bottom was December 15 2018, just look at the charts. We are in the bull market, We are currently in the last 3 months
of accumulation stage. After that We will slowly rise and rise. Then We will boom, Screen cap this
April 2019 - BTC5300$
July 2019 - BTC9200$
October 2019 - BTC16,000$
February 2020 - BTC 29,000$
July 2020 - BTC 56,000$
November 2020 - BTC 87,000$
According to them this will be a 1.5 trillions in market cap.
The dominance of bitcoin will only be 40%-46%
Does the chart never lie? Just trying to get your opinion on this matter.
But honestly, I want to believe on this
Have a good day to all here.
"the bottom was December 15 2018, just look at the charts. We are in the bull market, We are currently in the last 3 months
of accumulation stage. After that We will slowly rise and rise. Then We will boom, Screen cap this
April 2019 - BTC5300$
July 2019 - BTC9200$
October 2019 - BTC16,000$
February 2020 - BTC 29,000$
July 2020 - BTC 56,000$
November 2020 - BTC 87,000$
According to them this will be a 1.5 trillions in market cap.
The dominance of bitcoin will only be 40%-46%
Does the chart never lie? Just trying to get your opinion on this matter.
But honestly, I want to believe on this
Have a good day to all here.
It can very well happen but price prediction to an actual month/year is quite difficult. If bitcoin is ~$80k by next year I think there is no way btc dominance is under 50%. Alts might spike with btc but the alt caps have to more than 10x on average, that's a tall task for the entire market
Well this looks like it won't work as we are already in October. The predictions might work after few years but the current market situation is complicated and a lot of investors are desperately waiting to see a big change although we had a bad market last year. So let's not panic investors hodl your asset till the value reaches it peak.
I think the market will slowly start pumping in the mid of the November let's hope for a better day.