When compare Gold and Bitcoin graphic for last 7 years, I found same trends, same support point experience. So, Bitcoin can not go over 12.000$ and can not go down below 7.500$. This is my idea.
I appreciate the analysis HOWEVER we know what the final amount of BTC will be (21 Million) whereas, the final amount of gold is unknown. Also, taking the halving into account; the mining rewards will be cut in 1/2 for BTC. Not to mention, while they are both considered "money", BTC is looking towards the future of money whereas gold was the past as money. I just think that it's not as simple as how you are presenting it. Thank you for the analysis though.
G0ldenross
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Interesting point of view. I'm confortable with that range