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Topic: Bitcoin Price Could Blitz Beyond $150,000 During Next Bull Cycle in 2023 - page 4. (Read 605 times)

legendary
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This should be on Speculation section.

Didn't saw much of a technical analyzation or details since he based his speculation of what will be the future price based on it's past performance. Therefore, it will just be added to set of speculations by other analyst.

But I like his positivity. Newbies can also look at his chart readings for references purposes.
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Despite the 82 percent drop in the valuation of the crypto market in the past year and the inability of bitcoin to recover beyond $4,000 in the past three months, one analyst sees the dominant cryptocurrency surpassing $150,000 by 2023.

Josh Rager, a cryptocurrency technical analyst and investor, said that based on the price trend of bitcoin since 2011 and the pattern of bitcoin rebounding from a correction following an all-time high, he sees bitcoin achieving a new peak price in 2,051 days, by 2023.

The next Bitcoin cycle should peak out in July 2023 and could reach a price at $150,000 or more per Bitcoin

Cycle Peak Prices:
2011: $31
2014: $1,177
2017: $19,764
2023: Huh  ($150,000+ projected)

10:51 PM - Mar 31, 2019 - twitter: https://twitter.com/Josh_Rager/status/1112472531049553920

https://www.ccn.com/bitcoin-150000-2023-next-cycle-analyst
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