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
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“bear case” = $258,500 by 2030
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“base case” = $682,800 by 2030
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“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?
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Bitcoin Historical Trend:
Dec 2017 to Dec 2018: 6.28X Drop
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17/12/2017 = $20047.89 peak
16/12/2018 = $3192 bottom
20048/3192x100 = 628% drop
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April 2021 to July 2021: 2.21X Drop
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14/4/2021 = $64863 peak
20/7/2021 = $29393 bottom
64863/29393x100 = 221% drop
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November 2021 to Dec 2022: 4.17X Drop
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11/11/2021 = $68744 peak
31/12/22 = $16419 down
68744/16419x100 = 419% drop
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Assume November 2021 to 2023: 6.28X Drop
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11/11/2021 = $68744 peak
31/12/22 = $16419 down
68744/Dx100 = 628% drop
D = 68744x100/628
D = $10946 Bottom
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Conclusion:
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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)
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BTC could be heading towards $10900 bottom ie 628% drop
( May or may not happen)
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Possible trend up from $16,419 to $235,000+ ?
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āDec 2018 to Nov 2021: 21.53X Up
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16/12/2018 = $3192 bottom
11/11/2021 = $68744 peak
68744/3192x100 = 2153% Up
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āAssume 2023 to 2024: 21.53X Up (or 2153%)
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29/12/22 = $16,419 bottom
2024 = $xxx,xxx peak
$16419x2153/100 = $353,500 Peak
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āConclusion:
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Based on historical trend, the biggest 2153% up is in Nov 2021,
BTC can go up from bottom $16419 to the highest $353,500 approx.
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BTC could be heading towards $353,500 peak ie 2153% up
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Craziest Bitcoin Price Predictions For 2023, 1,400% Rally Possible?
" Draper believes the benchmark crypto will experience a 1,400% rally, reclaim previously lost territory, and break above $250,000 by mid-2023. The BTC bulls believe macroeconomic conditions will push adoption much higher. " - NewsBTC
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NOTE : N F A - NOT FINANCIAL ADVICE
This content is for informational purposes only and you should not make decisions based solely on it.
This is not an investment advice.
Do your own due diligence
Just an observation
Not my opinion
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"In weak companies Politics WIN, In strong companies Best Ideas WIN" - Steve Jobs
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Keep your funds #SAFU… on Kraken (but #HODL using Ledger or Trezor only)
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You will lose all your crypto & NFTs if you don't follow these best practices - Sören Müller :
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Consider using multisig
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Revoke your token allowances
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Do not share your seed phrase!
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Do not click on links you don't know
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Block strangers from sending DMs to you on Discord
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Disable popup notifications on Telegram (so you don't fall victim to messages from fake accounts)
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Use one or multiple hardware wallet
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Store your seed phrase in pieces in different safe locations
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Use multiple wallets
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Use trustworthy wallets
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2024-2028
$355000+
2023
$88000
14/4/21
$64863
11/11/21
$68744
17/12/17
$20048
16/12/18
$3192
20/7/21
$29393
14/1/23
$20380
31/12/22
$16419