Post
Topic
Board Speculation
Merits 12 from 4 users
Re: Summer dip?!, December price outcome? ---> JOIN and guess the price GO!
by
LoyceV
on 02/07/2021, 18:06:22 UTC
⭐ Merited by El duderino_ (5) ,theymos (4) ,Tytanowy Janusz (2) ,hosseinimr93 (1)
88,214 - 89,333
Please add a prediction, and the reasoning that got you there.
I don't get it, that isn't even a valid box:
262. $87,824.33 - $89,580.80
263. $89,580.81 - $91,372.42

I decided to use a random number generator
Allow me to quote El duderino_ and myself:
I want to reach persons who cares to share there thinking reasoning, could be enjoyable for more people to read and maybe learn from... So to participate there must be somekind of effort why the price is chosen...
There is some effort required, not just a random pick.



El duderino_ asked me to add my prediction too. Even though I don't like conflicts of interest, I'll make a prediction. I'll make it so bullish that if I'd win, the conflict of interest will be completely forgotten because every Bitcoin HODLer will be celebrating Cheesy

First, some graphs:
Rainbow loading...
The graph doesn't have enough pixels to highlight December 7th, so the 6th is as close as I could get. Just ignore the amount in the popup, that's the pixel my mouse was on for the screenshot with a vertical line close to the Prediction date.
Each halving shows a more or less similar pattern with a new ATH after a while. The peak between the second and third halving took longer than the peak between the first and second halving. The most recent peak didn't feel like a peak. Tytanowy Janusz put it nicely: "It's too round at the top. It need to be pointy." Three months of moving sideways doesn't feel like it's all Bitcoin can do.
If anything, it looks like what happened in May and June 2013:
2013 loading...
(source: Colin Talks Crypto on Twitter, but I can't find the original post)
Based on this, the ATH in the previous months was just a "baby ATH". The big one is yet to come, it could be August/September (my wife's prediction), it could be December 7th (El duderino_'s date), or it could be early 2022.

We know Bitcoin never goes up in dollar value in a straight line. The road to ATH is paved with drops:
Drops loading...

And then there is of course PlanB:
PlanB loading...

In short, the graphs above shows why I believe Bitcoin's price will be (considerably) higher in December than it is now. As for how high, I'll go back to the rainbow graph. On December 6th 2021, the graph shows $178,845 for the dark red Maximum Bubble Territory. I'll take this as my prediction.

@El duderino_: I can't in good conscience decide for myself if my prediction qualifies. Please let me know if I can add this one:
297. $178,845 LoyceV