The prediction method of "marking the boat to seek the sword" forecasts the bottom price of BTC in this bear market: the previous bull market peak was around 70,000, and this bull market peak is around 130,000, which is roughly a doubling. The next bull market peak should theoretically be less than double, so let's be optimistic and estimate around 250,000. The previous bear market low was around 15,000, with a high near 130,000, roughly more than 8 times. Therefore, in the next bull market, the low point is expected to be reached with fewer multiples; assuming 6 times, the low point of this bear market should be approximately 25,000 / 6 = around 4,200.

BTC-6.47%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)