in 4 months seems like a bit too soon for such an increase. The most I see it at is 10k in 4 months. no more than that
Topic: Investor Predicts Bitcoin Price to Hit $27k in Four Months - page 2. (Read 1033 times)
Price of the bitcoin has jump from around $650 to around $5.7k this year and there a couple month left. So I thought $27k are make sense for next year. But I dont think bitcoin will reach that price with just four month. Well, we dont know what would happen next, but I know that bitcoin always prove its power, and we always underestimate bitcoin. Of course everyone are glad to see thats truly happening. But don't forget, It is just a speculation.
I've known Trace Mayer for years, he has been recommending Bitcoin publicly since it was very cheap, he is one of the original whales and really, really, really rich. He is pretty solid in his reasoning too, even tho sometimes I've seen him pumping some shitcoins most likely for a laugh, he is a solid bitcoiner.
His prediction is possible, consider that Ledger X could make the price explode, and in 4 months the 2x drama should have been solved too.
His prediction is possible, consider that Ledger X could make the price explode, and in 4 months the 2x drama should have been solved too.
Trace Mayer is indeed a pretty interesting character. His tweets are pretty well thought out and give me a good laugh most of the time.
I think his approximation here is a little too steep. Yes, Bitcoin has the chance to blast off, but I don't think it'll reach 27k in a matter of a couple of months. Even that is too fast for Bitcoin growth. Perhaps this value may come in the next few years instead.
Well, when he predicted $3000 back in then before the halving, a lot of people were saying how he has insane and delusional.
Sure, $27k sounds nuts, but it's not out of the realm of possibility, it's just a prediction based on past performance, he didn't say it would happen, it's just a calculation based on past tops and 200 moving averages, and according to his calculations, it wouldn't even be the most extreme approximation, it would be even higher if you take the more aggressive approach (very overvalued):
Seriously? $27,000 per bitcoins in just four months? I highly doubt this, they are just basing their speculation on the moving averages. This will likely not be the case, as prices are just moving based on supply and demand, right now there is likely people pumping the price due to the possible event of segwitx2 by november. This will likely drop prices again before that time, so those people that are pumping it will dump their bitcoins for fiat and buy back when the FUD happens with segwitx2. Now they are richer by double by that time.
This would be amazing although given the timeframe I highly doubt it (but would be ecstatic to be proven wrong). Generally speaking moving averages may be a decent indicator but with not sure how that would be applied to BTC considering how it's not like any stock or share I've seen before.
Considering his prediction in 4 months, I highly doubt myself that its gonna be happened, though just like you I will be very much happy to this come into fruition
But where does all the money will come if bitcoin will push to this level? That's the main reason why I don't think that it could be achieved in short span of time. Or maybe he's just put all his millions to the market? Maybe 10K is a decent prediction, but 27K is too much for the current market. I will try to follow him on twitter and see what other predictions he has given to bitcoin and look if indeed it has been hit or what. He looks like another Johm McAfee with all of his bold prediction and seem very bullish.
Every day some body is predicting the future price, all they have to give us is predicting, where is the real party with some girls to jump on? lol. where do they get so much money to invest on Bitcoin? it's not a joke to see people investing billions literally every single day, there is no holiday for them.
I'm not a millionaire why? I've invested on a lot of shit coins for years. -BTC&Ξ I bought any other cryptocurrencies but still a homeless beggar, begging for translations in every new thread. if price hits $27K in four months then I'd just need 4 Bitcoins to buy a house and live on my own?
*Putting my beggar hat on*
Totally inspired by Lauda. fast lol and rofl.
I'm not a millionaire why? I've invested on a lot of shit coins for years. -BTC&Ξ I bought any other cryptocurrencies but still a homeless beggar, begging for translations in every new thread. if price hits $27K in four months then I'd just need 4 Bitcoins to buy a house and live on my own?
*Putting my beggar hat on*
Totally inspired by Lauda. fast lol and rofl.
https://www.cryptocoinsnews.com/investor-predicts-bitcoin-price-to-hit-27k-in-four-months/
Based largely on the 200 day moving average.
I am reluctant to believe in technical indicators as the main factor when predicting Bitcoin's price.Based largely on the 200 day moving average.
It is pure hit or miss - technical indicators shouldn't be treated as definitive proof that bitcoin will/won't be worth $X amount of money.
Indicators may comfort you, but in reality, they are doing you more harm than good. This prediction that BTC in February will hit $27k is too good to be true IMO.
Four months? Color me surprised if this actually happens; a lot of investors / traders are going to grab the oppertunity to get out with lots of profits long before we've reached $27K. I presume its going to take at least a few years to reach this value. But then again, Trace Mayer is probably way more into the cryptomarket than I am!
I do notice a lot of people investing agressively into Bitcoin with sometimes their entire savings, caused by recent exposure of BTC in the media and rumours about "free money".
I do notice a lot of people investing agressively into Bitcoin with sometimes their entire savings, caused by recent exposure of BTC in the media and rumours about "free money".
https://www.cryptocoinsnews.com/investor-predicts-bitcoin-price-to-hit-27k-in-four-months/
Based largely on the 200 day moving average.
Based largely on the 200 day moving average.
Yes, that's how you predict the stock market ... lol
It's the second highly bullish article I'm reading. It seems all our news outlets are trying to exploit the greed and lure more people in. 
I'm joking, it's going to go up anyway, but I don't believe it's going to be that fast. Positivity is great, but let's be real. To make the price go up by over $20k in just 4 months would be a dream come true for us all. It's too good to be true.
I'm joking, it's going to go up anyway, but I don't believe it's going to be that fast. Positivity is great, but let's be real. To make the price go up by over $20k in just 4 months would be a dream come true for us all. It's too good to be true.
This would be amazing although given the timeframe I highly doubt it (but would be ecstatic to be proven wrong). Generally speaking moving averages may be a decent indicator but with not sure how that would be applied to BTC considering how it's not like any stock or share I've seen before.
I've known Trace Mayer for years, he has been recommending Bitcoin publicly since it was very cheap, he is one of the original whales and really, really, really rich. He is pretty solid in his reasoning too, even tho sometimes I've seen him pumping some shitcoins most likely for a laugh, he is a solid bitcoiner.
His prediction is possible, consider that Ledger X could make the price explode, and in 4 months the 2x drama should have been solved too.
His prediction is possible, consider that Ledger X could make the price explode, and in 4 months the 2x drama should have been solved too.
Trace Mayer is indeed a pretty interesting character. His tweets are pretty well thought out and give me a good laugh most of the time.
I think his approximation here is a little too steep. Yes, Bitcoin has the chance to blast off, but I don't think it'll reach 27k in a matter of a couple of months. Even that is too fast for Bitcoin growth. Perhaps this value may come in the next few years instead.
What makes you think LedgerX will explode bitcoin's price? I've heard the term a couple times now and you've tickled my curiosity a little bit, I'm probably going to dig a little on this topic but I would like to hear your insight as well.
I've known Trace Mayer for years, he has been recommending Bitcoin publicly since it was very cheap, he is one of the original whales and really, really, really rich. He is pretty solid in his reasoning too, even tho sometimes I've seen him pumping some shitcoins most likely for a laugh, he is a solid bitcoiner.
His prediction is possible, consider that Ledger X could make the price explode, and in 4 months the 2x drama should have been solved too.
His prediction is possible, consider that Ledger X could make the price explode, and in 4 months the 2x drama should have been solved too.
Trace Mayer is indeed a pretty interesting character. His tweets are pretty well thought out and give me a good laugh most of the time.
I think his approximation here is a little too steep. Yes, Bitcoin has the chance to blast off, but I don't think it'll reach 27k in a matter of a couple of months. Even that is too fast for Bitcoin growth. Perhaps this value may come in the next few years instead.
I've known Trace Mayer for years, he has been recommending Bitcoin publicly since it was very cheap, he is one of the original whales and really, really, really rich. He is pretty solid in his reasoning too, even tho sometimes I've seen him pumping some shitcoins most likely for a laugh, he is a solid bitcoiner.
His prediction is possible, consider that Ledger X could make the price explode, and in 4 months the 2x drama should have been solved too.
His prediction is possible, consider that Ledger X could make the price explode, and in 4 months the 2x drama should have been solved too.
https://www.cryptocoinsnews.com/investor-predicts-bitcoin-price-to-hit-27k-in-four-months/
Based largely on the 200 day moving average.
Based largely on the 200 day moving average.
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