Bitcoin global trend analysis (up to $100k during 2021)
Just some aggregation of Fundamentals and Technicals:
1) Fundamentals:
- Market stages - Bull Market, Bear Market, Consolidation+Reconsolidation
- Halvings and it's impact to launch of new bull market
- Growth drivers at every timeframe (who drives the bull run). Current cycle "tothemoon" fuel should be institutional investors and banks
2) Technicals:
- Trend analysis based on logarithmic curve from the earlist accessible data
- Strong trend logrific support and resistance zones
- Comparison of LOWs-HIGHs regression with time
All these factors together lead to a forecast of $62500 (the most pessimistic scenario) - $80 000(the most realistic scenario) - $100 000 (the most optimistic) during IV quarter 2020 - IV quarter 2021 depending on accuracy of the calculations, behaviour of next year price movement scenario and of course, most of all, fundamental factors which should effect the price.
Some overhigh up to $300 000k (which in normal conditions should be next bull market possible peak) is also possible but something fundamentally big should happen.
1) Fundamentals:
- Market stages - Bull Market, Bear Market, Consolidation+Reconsolidation
- Halvings and it's impact to launch of new bull market
- Growth drivers at every timeframe (who drives the bull run). Current cycle "tothemoon" fuel should be institutional investors and banks
2) Technicals:
- Trend analysis based on logarithmic curve from the earlist accessible data
- Strong trend logrific support and resistance zones
- Comparison of LOWs-HIGHs regression with time
All these factors together lead to a forecast of $62500 (the most pessimistic scenario) - $80 000(the most realistic scenario) - $100 000 (the most optimistic) during IV quarter 2020 - IV quarter 2021 depending on accuracy of the calculations, behaviour of next year price movement scenario and of course, most of all, fundamental factors which should effect the price.
Some overhigh up to $300 000k (which in normal conditions should be next bull market possible peak) is also possible but something fundamentally big should happen.