Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
I wonder if we could have a pre ½ ing ath say 80k by march
and crazy numbers to follow. Would be nice.
If we compare dec 2017 price of 19.5k to dec 2023 price of 43.5 k we are better than inflation but not by a lot.
we have grown about 15% a year since dec 2017 on average.
#Bitcoin
looks like there is a lot more to come in the next 1.5 years.
Source.
I agree with @philipma1957 that it has to happen by March, hitting $80k is the nearest...
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My opinion/guess is that it is likely not going to be very accurate to just take some random period and say, what about this.. how do we compare to this one... and yeah, I realize that you are not working on being random.. but it kind of seems random.
Yes, as far as I've seen it works randomly, accurate guesses rarely come in handy if only for a short period of time. Now if you say it is about long time then I would say many assumptions have come true in a long time, when someone has made this assumption very intelligently. Although I am not associated with a big trader but I guess based on what I have seen over the years.