Post
Topic
Board Bitcoin Discussion
Re: Analysis of optimistic and pessimistic states of Bitcoin
by
kryptqnick
on 12/12/2020, 17:41:07 UTC
Hello
According to my research, the price is likely to drop to  14,000 to  15,000 in the most optimistic case.
And in the most pessimistic case between 11 and 12
Most likely, 2 months will be in the range of 16-18 and then the lamb will be in the range of 22-24
But a big climb for the year 21000 is on the way
I don't believe in 'research' of that sort. Bitcoin is very volatile and is not directly affected by anything in particular. From my experience, it's usually FUD or FOMO that triggers rapid price changes, but nobody can know in advance that this is going to happen. I agree with an opinion by Antonopoulos that there is no science behind any kind of price predictions. However, judging from BTC volatility, I think there are some rough probabilities of Bitcoin being at a certain price in 2 months. It's very unlikely to be $2k because no fall like that happened before, and it's very unlikely it will climb to $50k that fast either. So your predictions are within the reasonable range, but they're still speculations.