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hkmh
Jul 2, 2019 11:06 AM

Possible Bitcoin price progress Long

Bitcoin / DollarBitfinex

Description

After my previous price prediction was very bullish, fibonacci taught us again a new lesson, and so here a possible prediction of the BTC prices...

This is nota trading advice..

Comment

The models in this analysis really do not suggest bitcoin will be at $1,000,000 by 2020, but around $65,000 give or take. Investors will need to wait at least 2 more years, and likely more, i.e. 2022-2024 for a $1,000,000 value. Assuming that the same trends occur, i.e. user number growth.

https www r-bloggers.com forcasting-the-price-of-bitcoin-with-the-cran-forecast-package
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