top of page

I Can See Clearly Now

Song by Jimmy Cliff

Credit : JimmyCliffVEVO

 
Where is Bitcoin Heading?

Where is Bitcoin Heading?
Where is Bitcoin Heading?
Where is Bitcoin Heading?
Possible trend down to rock bottom $10,900, then back up to $355,000+ ?

E820C711-0B69-4D94-8499-E4D0F390B5BC_1_201_a.jpeg

17/12/17

$20048

16/12/18

$3192

14/4/21

$64863

11/11/21

$68744

20/7/21

$29393

31/12/22

$16419

16/2/23

$24666

2023

$10900

2023

$88000

 

NOT FINANCIAL ADVICE

Do Your Own Due Diligence

OTCbid.com

2023

$55000

2009

$0.000994

2024-2030

$288K-$1.5m

Bitcoin could hit $1.5 million in just 7 years according to a new report

from Cathie Wood’s ARK Invest - Fortune

  • “bear case” = $258,500 by 2030

  • “base case” = $682,800 by 2030

  • “bull case”   =   $1.48 m by 2030

ECA41529-32C2-42D0-80B0-709168BE01C9_1_201_a.jpeg

17/12/17

$20048

20/7/21

$29393

14/3/23

$24547

2024-2028

$355000+

2023

$88000

 

NOT FINANCIAL ADVICE

Do Your Own Due Diligence

OTCbid.com

14/4/21

$64863

11/11/21

$68744

16/12/18

$3192

2009

$0.000994

Where is BTC price heading?

Towards $10900 bottom?

And up $335000?

Bitcoin Historical Trend:

 

 

Dec 2017 to Dec 2018: 6.28X Drop

17/12/2017 = $20047.89 peak

16/12/2018 = $3192 bottom

20048/3192x100 = 628% drop

April 2021 to July 2021: 2.21X Drop

14/4/2021 = $64863 peak

20/7/2021 = $29393 bottom

64863/29393x100 = 221% drop

November 2021 to Dec 2022: 4.17X Drop

11/11/2021 = $68744 peak

31/12/22 = $16419 down

68744/16419x100 = 419% drop

Assume November 2021 to 2023: 6.28X Drop

11/11/2021 = $68744 peak

31/12/22 = $16419 down

68744/Dx100 = 628% drop

D = 68744x100/628

D = $10946 Bottom

Conclusion:

Based on historical trend, the biggest 628% drop is in Dec 2017,

BTC can drop from peak $68744 to the lowest $10,946 approx. (Subject to change)

BTC could be heading towards $10900 bottom ie 628% drop

( May or may not happen)