BITCOIN PRICE PREDICTIONS
CYCLE 1
Inception- 2011 (6 June) the first cycle high $32
CYCLE 2
PEAKS: 2011 (6 June) – 2013 (25 November) $1177
29.5 months
CYCLE 3
PEAKS: 2013 (25 November)- 2017(11 December) $20,000
48.5 months - 64% / 19 months longer than 2011-2013 peak of 29.5months
Below is price and time predictions based on the logarithmic chart as well as an extrapolation of the time difference between the (2011-2013 ) and the (2013-2017) peaks. I used cycle tops and not cycle bottoms for these scenario casts.
NB: This is still speculation so take from it what you want.
SCENARIO 1
PEAKS: 2017(December)- 2024(June) $450,000
79.5months (48.5months+64%)
SCENARIO 2
PEAKS: 2017(December)- 2023 (December) $350,000
72 months (79.5 months but rounded off to nearest calendar year)
SCENARIO 3
PEAKS: 2017 (December)- 2023(June) $280,000
67.5 months (48.5months+19months)
SCENARIO 4
PEAKS: 2017(December)- 2022(December) $230,000
60 months (67.5 months but rounded off to nearest calendar year)
SCENARIO 5
PEAKS: 2017(December)- 2021(December) $150,000
48 months (Standard 4-year cycle)
Comment and let me know which scenario is more probable.
CYCLE 1
Inception- 2011 (6 June) the first cycle high $32
CYCLE 2
PEAKS: 2011 (6 June) – 2013 (25 November) $1177
29.5 months
CYCLE 3
PEAKS: 2013 (25 November)- 2017(11 December) $20,000
48.5 months - 64% / 19 months longer than 2011-2013 peak of 29.5months
Below is price and time predictions based on the logarithmic chart as well as an extrapolation of the time difference between the (2011-2013 ) and the (2013-2017) peaks. I used cycle tops and not cycle bottoms for these scenario casts.
NB: This is still speculation so take from it what you want.
SCENARIO 1
PEAKS: 2017(December)- 2024(June) $450,000
79.5months (48.5months+64%)
SCENARIO 2
PEAKS: 2017(December)- 2023 (December) $350,000
72 months (79.5 months but rounded off to nearest calendar year)
SCENARIO 3
PEAKS: 2017 (December)- 2023(June) $280,000
67.5 months (48.5months+19months)
SCENARIO 4
PEAKS: 2017(December)- 2022(December) $230,000
60 months (67.5 months but rounded off to nearest calendar year)
SCENARIO 5
PEAKS: 2017(December)- 2021(December) $150,000
48 months (Standard 4-year cycle)
Comment and let me know which scenario is more probable.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.