Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
ImThour
on 27/01/2022, 14:59:28 UTC
Unbiased Price Prediction on the basis of Previous Chart Action

Bullish in the Long run.




Whoaza!!!!!!   That appears to be a pretty BIG drop to around $36k-ish by the end of the year ImThour, and I suppose such a scenario is not completely unreasonable  - even though it does have elements that are seeming to fail/refuse to account for what bitcoin actually is, so in that regard questionableness in the arena of supposed unbiasedness. 

I would consider that part of its possible biasness comes from its showing BTC price performances that only go back to about April 2021.. and thus measuring from right around the $64,895 top in April 2021.. That is a similar kind of mistake that a lot of historical Bitcoin bearish dweebs have made in the past, even though you have couched your prediction in terms of your supposedly being "long-term bullish" (so I am not going to automatically characterize you as a dweeb.. but still starting from the top to make your BTC price prediction remains a wee bit problematic).

Hey JJG,

yes, we are at 36k. Isn't it pretty cool?

Cheers!