Post
Topic
Board Speculation
Re: Michael Saylor goes nuts: he predicts a $15 million Bitcoin price.
by
Sithara007
on 12/01/2021, 07:00:18 UTC
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.