Creep enthusiasts are mocked to predict Bitcoin prices. John McAfee, the strange millionaire founder of the cyber-security firm, said the bitcoin price will exceed $ 1 million by the end of 2020 and claims that if Ibn does not happen, one of his body members will be cut and eaten. His unreasonable claim does not support any technical or fundamental analysis and put him in bad condition.
One of the Crypto traders named Filb Filb, known for their weird predictions, posted on Twitter a graph with a message. In this message he wrote: this time will be different. This diagram, which identifies the entire Bitcoin history as a fluid asset, shows the multi-year cycle of this asset since its issuance. Fluid assets are assets that are criticized.
Based on its chart on the Bitcoin historical analysis, the user plotted a line that indicated that Bitcoin would reach $ 2500 to $ 3100 in the next 12 months. It is also mentioned that if the conditions are right, the price of this digital currency will pass for the first time from 10 thousand dollars by the end of 2017 and start its trend to reach 333 thousand dollars.
Although the price of bitcoin over the course of history has been accompanied by these predictions, there is no rational explanation for these predictions. At the same time, about four weeks later, Philb explained in a 14-part tweeted why it's logical to reach $ 333,000 from a fundamental point of view. The film included a number of fundamental inputs, including the bitcoin inventory and acceptance rate, total global financial transaction, and global debt.