This is an update on my Tezos long idea which I posted about 1 month ago. As you can see, the predicted range for Early January has been hit and will probably be surpassed very shortly (well it is MID January at the moment but we had a little bit of fake news as well as instant trillion dollar valuation dreams concerning the Bitcoin ETF). Tezos has also outperformed both Bitcoin and Ethereum as predicted.
Now you may wonder, how is this random person on TradingView consistently correct on his Tezos price predictions? Am I an oracle, do I have insider trading information, am I from the future? I wish but no... I have been following Tezos for a long time though and in my very unprofessional opinion the point we are at right now is called the "FASTEN YOUR SEATBELTS AND GET READY FOR TAKEOFF" point.
How high will Tezos run in this cycle? I don't know, my personal guess would be around 10-12usd but this is crypto so we never really know. I can however give you a likely scenario for February/March 2024. I believe we will first be retesting the February 2023 highs (1,48 usd) where we may have a bit of trouble breaking through but by that time every smooth brained degen will begin to notice Tezos and start researching it etc. Once we break through the February 2023 highs we will be headed to the August 2022 highs (2,00 usd) and that is where you'll start seeing YouTubers talk about it, its eco-friendly aspect, fast transaction times, potential for gaming development as well as smart contracts implementations which they've always known about (of course). If the market doesn't dump until then this is where Tezos will start getting freaky and where we can slowly start making a little bit more accurate longer term predictions .
AS ALWAYS DYODD AND PRESS THE LITTLE ROCKET BUTTON IF YOU ENJOYED THIS ARTICLE :)
I agree Tezos, is a game changer. The fact the community is just upgrading the platform seamlessly without any forks. It's like basically going to surpass any crypto when it comes to scalability and technology. The only problem is that people aren't catching on. Like you said by the time everyone realizes what's behind it, its already too late. Its going to be in the double digits easily.
MyCryptoParadise_Nathan
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Your predictions have been consistently reliable, and your forward-looking perspective on retesting highs and potential future scenarios is appreciated.
@Allure016, There aren't any "juicy" news as per say. Juicy news could really be anything though if you think about it. My opinion is more based on the fact that they have built the perfect ecosystem for juicy news to exist in the near future. It could be a new game on the tezos network, fast transaction times, low emissions, layer one, on chain governance, the no hardfork updates, smart contracts, lending/borrowing defi, it can literally be anything; monkey pictures made the whole world think they were actually worth more than a house and decentraland which is a mindblowingly boring game made people think it was the equivalent of GTA V in crypto gaming. Most midcaps have 10-15x the market cap of tezos and in comparison have much lower visibility and potential for growth. Think Cardano for example, it is the definition of a ponzi scheme, with no visibility whatsoever, I've never seen a single cardano ad anywhere, yet look at its recovery. My point being, by the time there are juicy news it will already be too late.
mikroland
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I'm right there with you!
cviryiotis
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@mikroland, glad to hear that, after tezos runs please share other coin ideas with me. Love your profile picture btw.
mikroland
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@cviryiotis thanks, hoping we get a fair election (I mean selection) this time.