I have to say this Bitcoin price prediction seems pretty solid

Can your guess tell me what I’ll have for breakfast tomorrow?

I’m in, take my money.

Sonny said:
I’m in, take my money.

That’s a good attitude

Halston said:

Even a broken clock can be right twice a day.

Bitcoin has historically increased by 20-25 times from its bottom during bear markets.

If that trend continues, I expect a $300,000 high in the next bull run based off a $15,000 low.

Fingers crossed :slight_smile:

@NickelNegotiator3
Returns have been going down though, 40x, then 20x, this time might just be a ‘mere’ 10x from $16k to $160k

Kelebwhite1 said:
@NickelNegotiator3
Returns have been going down though, 40x, then 20x, this time might just be a ‘mere’ 10x from $16k to $160k

A 3x gain from here would be nice and seems reasonable.

@NickelNegotiator3
Don’t get your hopes too high, keep expectations in check and you might be surprised

Looks like you just guessed and now it sounds like you were right. Big deal. Congrats.

Lexi said:
Looks like you just guessed and now it sounds like you were right. Big deal. Congrats.

These kinds of comments are really irritating and common here.

People actually research Bitcoin to make intelligent predictions about price direction. It’s not a magic guess, it’s about probabilities. The nature of probabilities is that sometimes you can be wrong and still succeed if you manage your trades properly.

People here expect 100% accuracy yet mock anyone saying Santa Claus is real.

@Dezi
They create models without enough history, making them just guesses. No matter how much effort they put in, it’s based on layers of assumptions.

Cassian said:
@Dezi
They create models without enough history, making them just guesses. No matter how much effort they put in, it’s based on layers of assumptions.

10 years isn’t too little history for testing. In fact, if you back-test any FX symbol for over 5 years, it’s likely you’ll be overfitting. Plus, since Bitcoin has a transparent ledger, you can see the money flow. There’s a link between the number of coins on exchanges and selling pressure, for example. A decrease in supply (like through halving) with steady demand will naturally uplift price.

Naturally, you’ll need to decide how long you want to maintain a trade. Quick movements tend to be more predictable based on crucial updates like interest rate announcements and so on.

There’s a wealth of information out there, and you bet people are leveraging it to profit in this space. The average investor just sits on social media waiting for a perfect prediction.

@Dezi
10 years, but how many cycles? Very few to base anything off.

Cassian said:
@Dezi
10 years, but how many cycles? Very few to base anything off.

What do you mean by cycle? What is it that you’re trying to measure?

Dezi said:

Cassian said:
@Dezi
10 years, but how many cycles? Very few to base anything off.

What do you mean by cycle? What is it that you’re trying to measure?

All these predictions come from the idea of cycles related to halving.

If everyone is betting that the peak will be 160k, then it could be lower or higher. So it might end up being 120k or 300k. Just my take. I will probably start taking profits at 120k.

Bitcoin doesn’t run on data, it’s completely random and will likely stay that way. There are countless folks making predictions, so naturally, some will get it right.

I expect Bitcoin to be between 100k and 400k from 2025 to 2030.

Halston said:
I expect Bitcoin to be between 100k and 400k from 2025 to 2030.

Just don’t set your hopes too high, alright

Halston said:

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