Quote from: Febo on October 27, 2020, 03:31:01 PM

Quote from: GP1992 on October 26, 2020, 04:55:37 PM

I made this in Nov/19. https://www.tradingview.com/chart/BTCUSD/na03w2tl-Bitcoin-Long-term-prediction-2-0/
One year later and this still remain too accurate.

Yup the same as thecodebear said. You predicted next ATH right in 2022, but at that point and from that point on you are to conservative. At the end of this decade Bitcoin will be way over $100k.

I've always said this logarithmic channel is too limiting. It doesn't account for the possibility of S-curve style mass adoption, which could cause an extreme shortage of BTC on the market, particularly if institutional adoption takes off at the same time.

I believe the people who can't see past $100K are too focused on metrics like market cap and aren't accounting for Bitcoin's scarcity. That type of thinking would only work in a very liquid market, and honestly I don't think Bitcoin's global ask side will ever be particularly liquid. Not to mention how irrational bubble valuations can be.