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+ ?
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
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)