Post
Topic
Board Speculation
Re: Price indicators hinting at $230k peak
by
Pinemarten
on 05/07/2025, 16:49:07 UTC
I asked an AI a while ago about 'using centuries/decades old methods to predict bitcoin price'. The conclusion at the end of the TLDR answer was 50/50. BTCUSD price is still largely effected by the news, Trump's mouth, etc.

The US bombed Iran on June 21/22. On Sunday the 22nd, most of NYC raced to their offices to sell bitcoin on secure servers and crash the price. Asia opened Sunday evening at about 7pm NYC time and bought much of it back. Europe bought even more and by the time NYC closed Monday the 23rd, the price was 2200 higher than closing on Friday the 20th. https://imgur.com/zHs1gzo

If someone wants to list all the possible indicators going back to the Louisiana and Tulip bubbles; then ask 5-8 AI which ones have been most correct for bitcoin since 2016ish. Ask it to add any new indicators created since bitcoin became popular as a commodity.