Bitcoin Forum

Economy => Speculation => Topic started by: SAHASAN on April 22, 2024, 04:28:04 AM



Title: Matrix Bitcoin Growth trajectory
Post by: SAHASAN on April 22, 2024, 04:28:04 AM
In the Economic matrix  Bitcoin Growth trajectory from
Bitcoin (BTC) BTC Commodity obtained a 48.12% compound annual return!

# Upper Line ~ 4,500,000 $

# Lowest amount support ~ 140,00 $
( Lower bound is pretty sure in the bag May be not possiable again)

# As mid and stable level $ 33,000


https://pbs.twimg.com/media/GLpxX_YaUAABKiI?format=jpg&name=large


Title: Re: Matrix Bitcoin Growth trajectory
Post by: Ambatman on April 22, 2024, 04:42:37 AM
Very unlikely for it to reach such height at such a short notice
I'm not ruling out $5M as a possible Bitcoin price but in such short term, the probability is very low
It's value is already high so you can't expect same pump it underwent when it was couple of dollars.
Now it would start undergoing steady rise and not sporadic like altcoins. 
In the lowest support I think you meant $14,000


Title: Re: Matrix Bitcoin Growth trajectory
Post by: Despairo on April 22, 2024, 07:12:30 AM
IMO it's unrealistic.

I feel like Bitcoin will not going nowhere to gold when Bitcoin achieve it's mass adoption, currently Bitcoin market cap $1.3T while Gold market cap $15.9T (https://companiesmarketcap.com/assets-by-market-cap/), so just expect Bitcoin price only reach $800K~

$60K to $4M in just a year, sum of top 100 assets market cap didn't even enough to reach $76T market cap.

In the Economic matrix  Bitcoin Growth trajectory from
Bitcoin (BTC) BTC Commodity obtained a 48.12% compound annual return!

# Upper Line ~ 4,500,000 $

# Lowest amount support ~ 140,00 $
( Lower bound is pretty sure in the bag May be not possiable again)

# As mid and stable level $ 33,000

https://pbs.twimg.com/media/GLpxX_YaUAABKiI?format=jpg&name=large
Quoting your post for visibility.