Post
Topic
Board Speculation
Merits 2 from 1 user
Re: Nearly half of Twitter users believe about bitcoin price....
by
exstasie
on 06/07/2020, 00:08:02 UTC
⭐ Merited by fillippone (2)
Nearly half of Twitter users believe that the price of bitcoin will not reach $ 50,000 by 2021

More than 42.5 percent of respondents to Plan B's unannounced poll said Bitcoin would not exceed $ 55,000.

A better way to frame this: a majority of those surveyed believe BTC will exceed $55,000.

Speaking as a contrarian, that actually sounds very bearish to me. However I would also expect PlanB's followers to be biased bullish (as he has been feeding them predictions of astronomical gains for so long) so this poll is probably a wash.

I am personally skeptical of the time constraints on his model. It would be hilarious if BTC ranged through 2021 (invalidating his S2F model) then went parabolic again in 2022 or 2023.