Educated estimation of the next Bitcoin top

cryptoaddict (55)in #bitcoin • 6 years ago

I have been bearish on Bitcoin since December 16, 2017 when I made this post on Tradingview:
https://www.tradingview.com/chart/BTCUSD/wAptWAzS-In-the-long-term-prices-always-meet-with-the-averages/

That prediction turned out to be pretty accurate for the first phase of the bear market where was most of the gains were made.
Since then I have been posting how we are not done yet and there is more pain to come. People don't really like bearish predictions and my counter arguments to the constantly bullish Crypto Twitter.

Well, the time has come for me to make a bullish prediction for the next bull market top. This is an estimation based on two previous advance for BTC:
First one from $10 to $1,200 which was around 12,120% increase.
Second one from $155 to $20,000 which was again around 12,560%.
Based on this I am expecting Bitcoin to advance to around $360,000 sometimes in 2022.
I chose $2,900 as the bottom and starting point, but I don't discount the possibility that the bottom might be a bit higher between $3,700 and $4,100.

https://www.tradingview.com/chart/BTCUSD/oQLdgkiR-Educated-estimation-of-the-next-Bitcoin-top/