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RE: Bitcoin's target price - Could Clif High be right ?

in #vincentb7 years ago

Actually, Clif made that first prediction, that it would reach $13,000, in the early fall (September or October, I believe), back when the price was about $5,000.

Since the price rose above $19,000 in December, we can say that his prediction was accurate, and we can note that his target of $13K was reached, and even surpassed, earlier than he had stated.

The current retracement might mean that the price does not reach $13K before the end of March. But I would not say that that proves him wrong.

Clif made a subsequent prediction that the price would soon reach $64,000. I'd say that that appears unlikely, but just remember .... Last September, a price of $19,000 by mid-December seemed almost impossible.

Watching and waiting ... and hoping he's right again.

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