Halving 2020 Price - $
High - $
Low - $
Fill in the blanks!
Halving 2020 Price - $ 9,652
High - $245,825
Low - $7,110
O.k....
I don't mean to be too anal
(no homo) LFC, but those are not Bitstamp prices on that last section of historical BTC prices........
Prices on Bitstamp for that last part should have been about: $650-ish, High $19,666, Low $3,122.28
Accordingly, I am going to use Bitstamp references while making my a kind of modified SOMA
tm calculation attempt on this, which would come up with approximately these projected BTC prices:
Halving 2020 Price - $14,256.59
High - $132,942.10
Low - $25,652.65
This is my second calculation attempt, and even though I am feeling that these projected prices are a little bit bearish, they are a little bit better (or I am more comfortable) with the results of the second calculation attempt ---- so likely my system is not very scientific.
Anyhow, below I show some of my work and contemplations, which was that I was attempting to use an approximate formula that was based on these kinds of considerations.
The approximate multipliers that played out in the 2012 to 2016 prices: Halving 54.833 High 16.9 Low 20.54
My own SOMA
tm adjusted multipliers for projecting what seems to be reasonably plausible to happen in the 2016 to 2020 situation and subsequent BTC prices: Halving 21.9332 High 6.76 Low 8.216