For December 31, 2019, we got a different price with each method, $10,600 and $8780 respectively.
For January 31 to February 2020. We got a price target of $21,000 and $20,200 respectively, a relatively insignificant difference.
The price should fall between $180,000 and $380,000 in December 31, 2024.
A table with full data is given below:
Date Trend-Line Prediction Technical Indicator Prediction
September 30 2019 $8000-$8600
December 31 2019 $10,600 $8780
December 31 2020 $21,000 $20,200
December 31 2024 $180,000-$380,000
I ask from expert about this table what do you think.
Technically those predicted prices are in tune or inline with the indicators however price has no respect for any indicator it does defies technical analysis on many situations occasioned by the fundamentals at that point or period of time that is why its always very difficult to predict the price of bitcoin unlike forex instruments that are always indicator compliant and predictable.