Just a bit of fun but after putting the data into excel ans assuming liner growth of BTC we arrive at the below formula which implies that we will reach $100k / BTC in May of 2020.. right in time for the next halvening.
y = 1.5492e0.0031x
R² = 0.8083
Sounds crazy but it always does with bitcoin doesnt it.
y = 1.5492e0.0031x
R² = 0.8083
Sounds crazy but it always does with bitcoin doesnt it.
Note
should have said its exponential not linear :DNote
Target still stands (updated)twitter.com/BAKS3Y/status/961599306921889793
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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.