Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Subbir
on 23/07/2023, 15:42:52 UTC
⭐ Merited by JayJuanGee (1)

That's a fair point.
~

Today the 200-week moving average is right around $27k, so if we double it every 4 years then we would get.

2028 = $54k
...

2056 = $6,912k


In that scenario 0.0244 BTC would be worth around $168,653 ($6,912k * 0.244), so that number would be in the ballpark of $187k but that would not account for the likelihood that $187k would not be worth even close to that amount.. ..   Too complicated to resolve all of the accounting presumptions that would be needed to be made?

I added with you 2026 = $216k.

I'm not an expert in all these things but my guess is that the target will exceed $200k in the next 4 years, I don't really know how it will happen, but if the past growth is 3-4x price growth then it will definitely exceed the target of $200k.