Quote from: Upgrade00 on June 17, 2022, 05:14:51 PM

Quote from: Wenbing on June 17, 2022, 04:35:08 PM

1. Do you think such prediction models are realistic?

2. What major event do you think will usher BTC and the entire industry into the next bullrun?

3. Do you think Microstragy purchasing large units of btc will influence the price?

• Yes, price prediction can be built on realistic assessment. This of course does not mean the price would reflect the expectations of any model, but it's possible to build your model on sound technical and fundamental analysis.
The idea of having a model to mirror the price at every stage is impossible, but you can have something similar at different points.

• Who knows? The only certain future event in relation to Bitcoin is the halving, besides that no one can predict what would happen.

• Not really. Big institutions purchasing Bitcoin is a positive and can influence trader sentiment, but it's already so popular that no singular purchase should have a big impact on the price.

You mean if Tesla should buy more btc today it'll reflect on the general market massively?