Quote from: thecodebear on December 02, 2020, 10:49:49 PM

Wanna see people's predictions for Bitcoin's next peak, presumably around a year from now or sometime in 2022 - whenever this market cycle comes to a close. And give your reasoning behind your prediction, and not just "cuz I think so".

I have a most likely prediction and a high prediction.

My likely prediction is $90k to $120k. I think $100k is the big target for this market cycle, and either it'll fail to break through and top out in the $90,000s or it'll break $100k and then in a rush of euphoria over the next few days/weeks it could shoot up to $120k or so in a blow off top.

Now I also have a high prediction based off the last two peaks. The 2013 peak was about 36x above the 2011 peak, and the 2017 peak was just under half that at over 17x compared to the 2013 peak. If we keep this peak multiplier halving going for this cycle then the next peak should be around 8.5x the previous peak, or around $170k, so that is my super high prediction based on past two cycles relative to one another.

Your prediction is huge.Do you know the value of 90k and 120k$. It was huge and one can live his life happily upto three generation. In developing country, this money holders will be a richest person.They will run a two or three company as their own. The maximum expecting upto 2022 will be 50-60k$.The maximum 100$, will occur only if the US government take it as a legal tender.