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.
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.
if the historical linear regression continues on its current path, that's approximately where it will be, yes.
however, there are two major caveats:
1. chances are that the actual price will vary wildly from where the linear regression is. we could be significantly above or below the trend line when december 2020 or 2024 rolls around.
2. past performance doesn't guarantee future results. the historical linear regression may alter significantly over time.
It is hard to predict bitcoin price in the future. Back in 2017, many expected to see btc at $20k or $30k by now which isn't the case..
The halving is the major event in 2020 which indeed can make the price jump significantly but +$180k.. Well i hope so
