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+ ?

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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​Dec 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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​Assume 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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​Conclusion:

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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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1.  

   Consider using multisig

2.  

   Revoke your token allowances

3.  

   Do not share your seed phrase!

4.  

   Do not click on links you don't know

5.  

   Block strangers from sending DMs to you on Discord

6.  

   Disable popup notifications on Telegram (so you don't fall victim to messages from fake accounts)

7.  

   Use one or multiple hardware wallet

8.  

   Store your seed phrase in pieces in different safe locations

9.  

   Use multiple wallets

10. Use trustworthy wallets

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