filbfilb
Long

BTC to Reach $100k in 2020

BNC:BLX   BraveNewCoin Liquid Index for Bitcoin
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.
Aug 07
Comment: should have said its exponential not linear :D
Feb 08
Comment: Target still stands (updated)

https://twitter.com/BAKS3Y/status/961599...
Jun 19
Comment: heres the updated forecast i am working off

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Any update on this piece of art?
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filbfilb landabaso
@landabaso, ha, yes i have read that story, good fun.
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According to the graph we are playing on the wave 5 ?! What do you think ?
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this is amazing
+1 Reply
so goooood
+1 Reply
Still on course
+1 Reply
ruraldisturbance ruraldisturbance
@ruraldisturbance, At this rate we will reach 100k faster than expected.
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ruraldisturbance ruraldisturbance
@filbfilb and a second bounce off your line, not a coincidence.
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ruraldisturbance ruraldisturbance
With the lack of snap back in this drop its hard to imagine BTC having the energy to push to 100k by mid next year, but as we know, bitcoin has spiderman scaling ability's.
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