Quote from: coinbiz on January 11, 2021, 03:14:10 AM

These wild predictions are cues of an impending market crash. Not saying that price won't happen, but that's a stupid prediction to be making at this point.

Obviously when someone is making such crazy predictions without much logic behind it, I usually ignore them. But there were a few high quality predictions regarding the future Bitcoin prices recently. One of them was from Nikolaos Panigirtzoglou (JPMorgan Chase & Co.). He made a prediction of $146,000 based on a study which compared gold and Bitcoin. Another quality prediction was made by Tom Fitzpatrick (Citigroup Inc.), who predicted $318,000 based on a technical technical analysis of prior highs and lows. And most importantly, these predictions ere made before the current rally.