Everything seems to align for $32,000 in 2019. Those thinking $100,000 might miss the peak.
It will be 10 years later in 2029 before Bitcoin will peak again. Yet the bottom after the coming $32,000 peak will be ~$9000 in 2021. So we’ll likely rise again to new ATHs higher then $32,000 before 2025.
Click here for an explanation of the details. And click here for the “prior post” that is cited in that first linked post.
(click to zoom to the source)
$0.002 @ Aug 2010 | $31.50 @ Jun 2011 | 157,500% | 31,500% | |
$2.00 @ Nov 2011 | $1150 @ Dec 2013 | 57,500% | 3500% | |
$165 @ Jan 2015 | $32,000 @ 2019 | 20,000% | 2800% | |
$8600 @ 2021 | >$500,000 @ 2029 | >6000% | ~1500% | |
>$250,000 @ 2033 | >$5,000,000 @ 2049 | >2000% | ~1000% |
Disclaimer: this is for your entertainment only and shouldn’t be construed as professional investing advice.
Note Bitcoin might not not bottom until 2020 (although we may get a deadcat bounce to $10K or even $32K first) and next peak over $100,000 not until 2023 or much later.
Coming PHYSICALLY settled NYSE Bitcoin futures will likely lead to approval of an ETF in 2019 so the masses and institutional money could possibly pour into Bitcoin in 2019.