I want to share my BTC forecast for the year.
Best estimate
The best estimate BTC Price I'm looking at is $292,657.77 or close to 300K on or before January 8, 2022 or that's exactly 1,476 days from previous cycle.
I used logarithmic chart here.
Conservative estimate
Using Compounded Annual Growth Rate (CAGR) for the period of 9 years of 313.20%, for this year I'm expecting BTC Price to hit $119,834.16.
Computed as: Closing Price of BTC x ( 1 + CAGR)
= $29,001.72 x ( 1 + 313.20%) = $119,834.16
Worst estimate
Worst case scenario, I'm looking at $9,665 or the CME Gap that's not yet filled as of this time.
Disclaimer: Trading and investing have risk. DYOR. Trade Cautiously.
Best estimate
The best estimate BTC Price I'm looking at is $292,657.77 or close to 300K on or before January 8, 2022 or that's exactly 1,476 days from previous cycle.
I used logarithmic chart here.
Conservative estimate
Using Compounded Annual Growth Rate (CAGR) for the period of 9 years of 313.20%, for this year I'm expecting BTC Price to hit $119,834.16.
Computed as: Closing Price of BTC x ( 1 + CAGR)
= $29,001.72 x ( 1 + 313.20%) = $119,834.16
Worst estimate
Worst case scenario, I'm looking at $9,665 or the CME Gap that's not yet filled as of this time.
Disclaimer: Trading and investing have risk. DYOR. Trade Cautiously.