Hey guys, I was just messing around with the price of bitcoin because I dont have much to do in my work.
So I picked up the last three bubble prices and see that in the first bubble, bitcoin price went up around 3000%, from 1 to 30 USD.
The second bubble, the price got at 200 from 10, so it was around 2000%.
The last bubble the price went to 1000 from 100, around 1000%.
I think the next bubble will be at 600% - 750%, I picked up the prices from the last bubble and multiplied by this percentage just to see how it will be.
So here it is. Have fun!
So I picked up the last three bubble prices and see that in the first bubble, bitcoin price went up around 3000%, from 1 to 30 USD.
The second bubble, the price got at 200 from 10, so it was around 2000%.
The last bubble the price went to 1000 from 100, around 1000%.
I think the next bubble will be at 600% - 750%, I picked up the prices from the last bubble and multiplied by this percentage just to see how it will be.
So here it is. Have fun!
I think i reasonable, next bubble could be 600USD to 3500USD. Big question is if now or next year. They say users of BTC come with like 3 months delay, when there is something important happen. i did not see anything happen so far to do that so next bubble will not be in next 3 months for sure.