Hey folks- I'm attempting to calculate the ideal value of bitcoin based on the volume of transactions for everything OTHER than fiat exchanges. Anybody know of a good source for this kind of data? Or if it exists?
The Fed targets 2% price inflation, but anyone paying attention to their monthly budget knows their expenses are increasing much more than 2%. Bitcoin targets a diminishing inflation schedule capped at 21 million bitcoins and anyone can verify it’s on target.
This is the last major hurdle before Bitcoin price can target $20,000
This post was originally published on this siteThis post was originally published on this siteBitcoin (BTC) price has been showing impressive strength in the previous weeks and today the price made a new 2020 high at $13,666. This momentum was made alongside weakness in the U.S. dollar and many analysts believe that as long as the dollar remains weak, Bitcoin and other […]
While concluding, Alanmaster said all these signals are indicating a relief rally/bounce in prices for Bitcoin, and in the long-term this year, Bitcoin would spike toward $48,000. Earlier Analyst Joe Saz claimed Bitcoin needs to rally above $7,500 and $7,600 to confirm $8,200 target for the cryptocurrency, and if all these happen, we can say that Bitcoin is now bullish. In short, Bitcoin would need to tail from just over $10,000, at the time of writing, to $200,000 by January 2022, to validate the theory of the S2F model. However, as difficult as it may sound, it cannot be completely dismissed. After all, in terms of growth, it is the same as Bitcoin’s rise from $1,000 to $20,000 back in 2017. Hence, it isn’t illogical per se. Bitcoin Price Target Set At Five Times Prior High. analysis. Published on June 18, 2020 October 13, 2020 By FinSMEs. Bitcoin peaked near $20,000 in late 2017 and hasn’t come close to reclaiming ... It has a Bitcoin price target of $341,000 by 2025 and $397,727 by 2030. Venture capitalist Tim Draper has a standing forecast that Bitcoin will reach $250,000 by 2022. He famously bought nearly ... Bitcoin prices continue to trade within the rectangle pattern on the BTCUSD daily chart, as it finds the $11,000 target quite an elusive one at the moment.
A second lockdown could have a massive impact on multiple assets including the Bitcoin price. But what is the worst case scenario for Bitcoin based on Techni... I cover bitcoin pattern that is seems no one else is talking about. I give price targets for the NYSE, BTC, Chainlink, Dow Jones and the DXY / Dollar Index. ... Today we go over Information about Bitcoin's recent resurgence. We'll also go over how it's possible to lose 16 million dollars of Bitcoin in an instant. Tha... Can BTC price break through resistance up to $8,700 and see massive gains to break $10k? In this bullish scenario bitcoin technical analysis, we look at bitcoin patterns, momentum, and even a ... Bitcoin targets, price analysis, news today. Bitcoin and chainlink prediction. Bullish or bearish? 👏 THUMBS UP & SUBSCRIBE NOW 🤑! 🔔Want to j...