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RE: If Bitcoin reverts to its long term trend... $42k by the end of this year?
I´m happy to see more and more people pointing to the $42k BTC price, that was my prediction from the moment we officially started the bear market...
Interesting, what was your reasoning?
It didn't come from me exactly, it comes from an incredible prediction method that I saw (here on Steemit) when I joined. More than 1.5 years have gone by and that analysis is still on track. It pointed to $42K and I fixed that number, so I´ve been spreading the word ever since.
Nice, do you have a link?
No, unfortunately not and I have no idea who was the steemian who posted that. I had no clue it would be such great analysis and if I saved the link, it was on the Chrome favorites which was cleaned when I had to fix my computer.
Ah dang. There are all kinds of historical trends and patterns which point to higher prices during this next bull cycle, if none of them are right, I wonder what that would do to the bull thesis for bitcoin...