Bitcoin forecast: hitting $200K based on the numbers

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sage_moonSenior Member
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#1Aug 2, 2021, 10:52 PM
I've been mulling over Bitcoin's historical price milestones: Key moments when Bitcoin hit important price points: $100: October 2013 $1,000: November 2013 $10,000: November 2017 $20,000: December 2017 $30,000: January 2021 $40,000: January 2021 $50,000: February 2021 $60,000: March 2021 $69,000 (old all-time high until 2024) $100,000: December 2024 Looking at this growth pattern, we see a jump from $10,000 in 2017 to $100,000 in 2024, which is a tenfold increase over seven years. If we just focus on the numbers without considering outside influences, here's how we can figure it: The average annual growth rate r can be calculated as: Now, let’s figure out how long it typically takes for Bitcoin to double in value. This translates to an annual growth rate of around 39%. If we follow this historical trend, it seems Bitcoin could hit $200,000 sometime between late 2026 and early 2027. Of course, this is just a theoretical approach and reality is influenced by a ton of factors, but I find it fascinating to analyze it this way.
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laser2018Full Member
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#2Aug 3, 2021, 03:22 AM
Think no more my friend! there is no exact mathematical formula that can prove Bitcoin will reach $200k by 2026 or early 2027. I wish market works on math laws and historical events but it doesn't. Years ago I was having the same thought but now mentality has changed. If I haven't learn anything in this trump regime, I have at least learned that cycles, formulas, charts don't drive the market, it is now policy, power and perception. The Trump administration and their polices have show me who really influences the market the most, it is the government polices, institutions, and political play.
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alex.shardLegendary
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#3Aug 4, 2021, 05:57 PM
You have not been knowing how to relate the history with the present and future when it comes to bitcoin price speculation because you should know that if history repeats itself, 2026 will be a massive long term bear market year although with lower volatility if compared to the past periods.
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yield_hawkSenior Member
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#4Aug 4, 2021, 06:08 PM
Exactly, we really don't know what the future brings and Bitcoin's history is fairly young, it's data still in it's infancy to predict what will be the price in the future. We even had one famous Bitcoin price modelling that failed in the last cycle so I don't want to burst the bubble of the OP. Because if we do, then everyone in their right frame of mind in the early years of Bitcoin could have jump because they are going to see a big price in the future. Nevertheless it was a complete opposite. And with that, let the Bitcoin market flows naturally and see where it will go from here or in the future.
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#5Aug 4, 2021, 10:13 PM
Mathematical calculations are not a field of science that I can master above average like other people who are able to solve it well in every question asked, but I'm sure your math is not right to make a reference for Bitcoin price analysis. Hiatorical Bitcoin data since the year Bitcoin was published until Bitcoin reached a price of $109k which may soon reach a new high price is more suitable if the four-year cycle is used as a benchmark with various price conditions in each annual quarter. The arrogant sentence is whatever the price is, no matter what.
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t0m2020Senior Member
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#6Aug 6, 2021, 04:25 PM
We can all have fun and games with "math", believe me, I'm keen on it myself every now and then when I try to calculate how long it'll be before I become a millionaire -- the timeline keeps extending and my life is full of black swans but beside the point perhaps. I do have a slight tendency to lean towards S2F's (or whichever version it now is in) take on Bitcoin's dwindling new supply relative to existing supply, and how that affects price pressure. It has been fairly accurate over the years, but should also note that it price last went above the trend line four years ago. So if you're a believer, then price has to correct upwards heavily "soon"... I don't see it happening. Maths is fun, but nothing serious is fun for very long, right?
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ryanwizardSenior Member
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#7Aug 6, 2021, 08:58 PM
I will like to reiterate on this that any indices can be used as an indication for what to expect from the market base on the previous years performance, because the bitcoin market price can go by any means to determine not current performance and that is why this is very important of us to use various measures in calculating what to expect from it, we can also consider the season, fundamental analysis, analytical analysis, demands and supply and so many other factors, which most investors sum up together to decide on their purchasing ability on a particular period, currently now, the market can make all time high at any time.
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sage_moonSenior Member
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#8Aug 7, 2021, 02:26 AM
As my last line of the thread says: "Obviously, it doesn't work this way, and there are many factors that influence the price, but it's interesting, at least for me, to look at it from a mathematical perspective", when speculating, no one is right and no one is wrong until it happens.
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the_kingHero Member
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#9Aug 7, 2021, 05:14 AM
If mathematical speculation is true in its calculation for the mobilization of Bitcoin prices, of course there are many Bitcoin experts who are mathematician experts in the world who are rich because of their speculation in the Bitcoin market. But as far as I know this happened. This means that they can only help provide an understanding of Bitcoin investment, but no one predicts and accurately speculates about Bitcoin prices, as well as your mathematical speculation is not a guarantee of Bitcoin prices in 2026-27 can be to the $200K level.
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p1x3l365Senior Member
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#10Aug 7, 2021, 09:21 AM
That's certainly the major reason why I don't get myself to bothered on studying the market charts rather, I just hold firm undistractedly of my investment plans and understanding how unpredictable the future market maybe, hodling becomes the strategy while staying unpanick resisting all of those analysts with their unverified logic and arithmetics of what bitcoin price will be in the future. Muchly, $200,000 is possible to achieve in the respective time as mentioned but as much it can't be guaranteed, let's not get our minds troubling with every anxieties that it's sure to come.
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1t5_omegaHero Member
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#11Aug 8, 2021, 07:21 PM
The problem with mathematical series like that is that sooner or later they hit reality. Without being about series, the one who had a very elaborate prediction system is PlanB, which never tires of making a fool of itself, and we can see how it ended up. It is fine as a curious point of view and for debate, but you have already seen that there are several of us who are very skeptical.
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sage_moonSenior Member
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#12Aug 10, 2021, 11:51 PM
That's why my final line. I understand that many factors influence Bitcoin's price, and no one can know exactly what will happen next in the market. I also think that those who claim a bearish or bullish season is coming are simply being massively influenced, as we cannot predict which season will come. This happens because if you repeatedly tell enough people that a bearish season is approaching, they will start acting accordingly, which paradoxically creates a bearish season. So, the prediction was only accurate because it manipulated people's perception into taking action. Therefore, no one here disagrees that the price is unpredictable, but it is manipulable, we're just speculating on what could or could not happen.
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mark.gasFull Member
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#13Aug 13, 2021, 05:13 AM
After all this time on the forum, I'd have assume that you've at least heard the terms "bear season" and "bull season." But you clearly didn't take them into consideration when you came up with the mathematical formula, because if you did, you'd know that the math is incorrect. We are currently in a bull season, and we anticipate Bitcoin to hit an ATH this year. After that, bear season will kick in by next year and the price of Bitcoin will begin to decline.
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hodler_gweiFull Member
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#14Aug 13, 2021, 09:42 AM
The only formula that can be sure to predict the price of Bitcoin is the rise and fall and also supply and demand. In addition, there is no formula that can predict the price of Bitcoin with certainty accurately because it is very difficult and there is no formula that can be guaranteed because the price of Bitcoin is determined by various factors and vice versa. But what is certain is that all predictions of the increase in the price of Bitcoin will definitely happen because it is indeed positive growth and development that makes the price of Bitcoin reach that price but no one can determine the time and certainty, and what is certain is that predictions to generate good profits in the long term on Bitcoin will definitely happen.
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sage_moonSenior Member
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#15Aug 15, 2021, 08:31 PM
After all this time, I would have assumed you'd read the thread before replying, since what you said was already addressed in my last comment, lol. It's so boring when people comment on threads without reading.
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paulyieldSenior Member
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#16Aug 16, 2021, 02:10 AM
Interesting calculation but I think the recent strategic bitcoin reserve and billions of investments from the like of twenty one capital and so on just influenced the trajectory and we might see $200k earlier than in 2 years. just like as you said, there can be other factors that can influence the price and this one thing here is that external factors. As long as there's no black swan event occurring within these 2 years, I'm sure we'd see bitcoin reached that price point. as for bullish and bearish season, this thing only affect short term holder anyway, the long term holders know it's just a noise. Even bitcoin currently sitting at ATH and seems very strong, people are opening short position but they are getting liquidated instead.
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#17Aug 16, 2021, 07:18 AM
Doing math like this would never help you, never going to tell you the future anyhow. Plus, we haven't actually hit 20k by December 2017, we hit 19k but not 20k exactly (some places may, but general consensus was peak was between 19 and 20 but never above 20k). Doing whatever calculation you want from what you are getting isn't going to get you a great result, it is going to be a tough one instead. This is why you should always try to assume that you are doing a wrong job, and should stay away from it. I understand it may not look great on you, but it's still a great way to move forward. It should not be that complicated, it should be what we really want for the time being. If we really want to move further, then we could do a greater job, and have a much better return. But this math isn't what it is, it is not the way to go.
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mr_bullMember
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#18Aug 16, 2021, 10:58 AM
Wow, would be interesting if this held true. When it comes to the prediction itself, it kinda is in the middle of it all. Some would predict this would happen sooner, while others expect it later. Can you run the formula for some other price points like $500k and $1m? You could put them all in a graph too.
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bit_2016Senior Member
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#19Aug 16, 2021, 11:51 AM
If you have just said it by the end of 2025 or early Q1 of 2026 then many might want to see it. But telling it around 2026 late or 2027, I don't know man but that's likely the bear market that we're going to experience. I am not discouraging that we will not see it but I am positive 100% that we'll soon see that. If it won't be on this cycle for this year. Then we have to put that hope for the next ones to come. But I might be wrong as well because the market has been unpredictable and changing, we see saw new ATH just after several months of the halving.
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quantumninjaFull Member
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#20Aug 16, 2021, 03:21 PM
The real market is not a problem from a children's math book. For the accuracy of your calculations, there are many unknown variables from the surrounding world that are not included. Naturally, this doesn't work, because the cryptocurrency market is a chaos of unknown variables that are purely mathematically impossible to estimate. The final price of bitcoin will be affected by events ranging from geopolitical, economic, and ending with social. For example, how do you mathematically measure such a value as an investor's faith in the future growth / fall of bitcoin? But this is an extremely important parameter that can cross out all your mathematical calculations.
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