The Next Decade of Bitcoin Price Discovery
Updated
With 8 months of what I would consider good predictive results from my Epochal Price Discovery in Bitcoin Post-Halvening model, I have deemed it to be fundamentally sound and immune to error.
I therefore present for your consideration The Next Decade of Bitcoin Price Discovery.
I have assumed that each halving will occur after ~46 months instead of 48, due to constantly increasing hashrate.
My projections are as follows:
I therefore present for your consideration The Next Decade of Bitcoin Price Discovery.
I have assumed that each halving will occur after ~46 months instead of 48, due to constantly increasing hashrate.
My projections are as follows:
- BTC will reach $130,957.24 USD in October of 2021, after which the price will never go below $37,000 USD ever again;
- BTC will reach $767,225.99 USD in August of 2025, after which the price will never go below $340,000 USD ever again; and
- BTC will reach $3,701,133.44 USD in June of 2029, after which the price will never go below $1,500,000 USD ever again.
Note
If I'm within 15% of each the price predictions and within 3 months of each of the date predictions, I want to take title Bitcoin Jesus from the current pretender.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.