#Bitcoin is following this price prediction model ‘with astonishing precision’
Thread https://www.independent.co.uk/life-style/gadgets-and-tech/bitcoin-price-prediction-2021-peak-b1838256.html
Thread https://www.independent.co.uk/life-style/gadgets-and-tech/bitcoin-price-prediction-2021-peak-b1838256.html
Bitcoin’s recent price crash could be just the “midway dip” in a new record-breaking rally if market patterns from 2013 and 2017 are repeated, according to a number of prominent cryptocurrency analysts
Image credit: Plan B
Image credit: Plan B
Roughly every four years, a “halving” event occurs that reduces the rewards for mining the cryptocurrency by 50% https://www.independent.co.uk/life-style/gadgets-and-tech/bitcoin-price-prediction-2021-peak-b1838256.html
This latest dip appears to be similar in scale and timing to other dips experienced following the 2012 and 2016 halvings
Image credit: Plan B
Image credit: Plan B
“More than two years after this model was published, the price continues to track the model’s predictions with astonishing precision,” author of The #Bitcoin Standard @saifedean says https://www.independent.co.uk/life-style/gadgets-and-tech/bitcoin-price-prediction-2021-peak-b1838256.html
Follow our live coverage of #Bitcoin price changes here: https://www.independent.co.uk/life-style/gadgets-and-tech/bitcoin-price-live-dogecoin-cryptocurrency-b1838805.html