This guy says that because BTC has risen so far above the MA so quickly that we may see a top in 2020 instead of 2021. Part of me thinks that such a prediction is retarded because the halving is only in May 2020. Curious about what biz thinks
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If you had to predict the top in either 2020 or 2021, which would it be?
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>drawing random lines
>is this guy predicting the future, biz?
Previous bull-run took a little over the year to reach peak of 20k after previous ATH was breached (around $1200). So the current 20k is something to look out for as an indicator.
My primary plan has btc at 12-16k until late 2020, then another year to reach next ATH of 200-400k in late 2021.
This is extrapolating data and numbers from the previous bull-run.
Here is what Jow Forums thinks
he's right, biz don't know shit and will buy at the ath of course
The last bull was prolonged by eth, bch, eth icos, and a nice wave of mineable shitcoins. There were enough novel opportunities and suckers that nobody at the top of the pyramid had to cash out into fiat via btc for a long time.
For something similar to happen, there again need to be exciting meme projects to keep drawing idiots into the scheme and keeping them there. I think it's possible if enough teams can sucker people in with the externally aware smart contract meme. All the literal whos that have partnered with Link have the right idea, their pitch is basically 'share in the profits of the new data economy!' There are already insurance mutuals planning to come out with products in the next couple years, there will certainly be other dao-like entities to draw people in. I guess the question is, will their alpha and beta releases coincide with the delayed supply effects of the BTC halving like last time? I think that they probably will and that they will keep trickling in like they did in 2017.
>12-16k until late 2020
damn that's pretty conservative, I can't see btc crabbing for that long.
Btc bullrun wont happen until 2023-24 thats just the way it is.
go fuck yourself u fucknaut
21 all the way.
From beginning of next year onwards will be glorious. Buckle up.
This.
Cope.
Pic related.
fugg
something is wrong with this chart
What might that be?
last parabola looks too overextended but I think you're on the right track with your price predictions
Fair enough - I forget how I found 74 months back then. I think I curve-fit the distances between all prior peaks and extrapolated.
Gold vs dollar index
Gold= Orange
Fiat kike paper=Blue
Between 180k to 460k depending on the trade war and us elections, it will happen in 2021 that's for sure tough.
Peak of next bull run will occur around mid 2021 and the peak will be around 130k.
Where are we right now in this graph?
I made that chart around May 6, 2019. Right now, we are at 111 days later. On the Y axis, we are at ln(10,085) = 9.2. Pic related.
I know. Most people don't see it crabbing for that long, which is why I think it's going to happen.
The quick run up from 3,2k-13,7k has people thinking we're going up quicker than we are.
I'd rather see it happen faster, and it is possible, but I think a boring year of crabbing is in the making after the excitement of 16k and "almost ATH again" happens.
>the parabola doesn't look the way I want too
Jow Forums is literally below bottom of the piss bowl IQ
Who cares when Cruzbit should take a chunk of the share of market-space and devs, which would put it at a fair value of $25 / coin. In which case, I've already made it.
Woobull tells a different story.
I see a lot of moonboys on this thread.
Reality is this:
>$6k eoy
>$800 2020 eoy
Next bull run will be 2021-2025
If you are investing right now kill yourself