Husain_Zabir

100K Bitcoin, correlating Logarithmic Regression with Halving

BNC:BLX   BraveNewCoin Liquid Index for Bitcoin
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Here in this chart i have tried to explain the correlation between Halving and price growth in Bitcoin through Logarithmic Regression chart
according to this theory, 100k milestone could be achieved till March 2025 after the 4th Halving takes place.
50k-60k target is expected till Sep 2021 as the 3rd Halving in May 2020 has already started to gain traction.
rest all, above chart is telling itself....
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Comments

but your last chart say btc going to 1100$
Reply
in my opinion Bitcoin will reach min 100 k by the end of 2021. it could even happen sooner
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@luca1973, hope you are correct
+2 Reply
Nice analysis. So your analysis of 1500 by 2021 is invalid now?
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@Girrad, well you can say that it has very low probability now, cuz i was turned bullish when we made two weekly closes above 8200:)
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Nice chart Husain
I published this chart a couple of days ago:
Although I believe 300k-500k is a huge expectation (on contrary with Bitcoin optimists), I think 50k-60k is a very safe and cautious level, I would guess more a bit, around 100k
Totally I agree with you 🤝 let's see what happens in terms of numbers and prices
Reply
Husain_Zabir m-tahsildari
@m-tahsildari, thabks mate for sharing your idea, well yeah 500k looks to be too optimistic, but hey its Bitcoin, always surprises you, sky is the limit :)
Reply
m-tahsildari Husain_Zabir
@Husain_Zabir, you are welcome mate.
Completely right, who knows what happens :)
Reply
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