What do you think about my prediction?

[GP1992]

I made this in Nov/19. https://www.tradingview.com/chart/BTCUSD/na03w2tl-Bitcoin-Long-term-prediction-2-0/

One year later and this still remain too accurate.

[thecodebear]

That chart looks quite good for the next couple years, but then it falls off. I think the upper bound flattens out way too much in the future. Your next predicted peak of March '23 looks about right, I'd expect it to be late 2022 since the last two peaks occurred in December, but that could just be coincidence, and March '23 is close to that anyways (well your orange dotted vertical line says 3/23, but your other peak indicator says late '22, so not sure which you meant to be the peak exactly). But even at that point the upper bound seems a little too flattened already, at only $70k peak, and only $90k 5 years after that. There's a decent chance the next peak ('22/'23) is higher than your 2028 upper bound, and by 2028 there will likely have been another market cycle that could very well be two or three times higher than what your upper bound predicts.

I would say something more along these lines:

[Febo]

I made this in Nov/19. https://www.tradingview.com/chart/BTCUSD/na03w2tl-Bitcoin-Long-term-prediction-2-0/
One year later and this still remain too accurate.

Yup the same as thecodebear said. You predicted next ATH right in 2022, but at that point and from that point on you are to conservative. At the end of this decade Bitcoin will be way over $100k.

[jaberwock]

Unfortunately your prediction is just way too straight for it to be a real proper market, no market in the world would go for some path like this, it is highly unusual and would be first time it ever happened. Normally markets go up and down a lot, like be $13k then $10k then $12k then $8k then $15k god knows how many times up and down, this is why it is close to impossible for bitcoin or any other market to be like your prediction.

Of course it could go up in the long run and the end result could be same and since it goes up and down in real life sometimes it could cross paths with yours as well, check out the next 6 months and there will be 5 months that is not the same but total of 10-15 days that will be exactly same all due to market crossing paths with a straight line that's it.

[milewilda]

Unfortunately your prediction is just way too straight for it to be a real proper market, no market in the world would go for some path like this, it is highly unusual and would be first time it ever happened. Normally markets go up and down a lot, like be $13k then $10k then $12k then $8k then $15k god knows how many times up and down, this is why it is close to impossible for bitcoin or any other market to be like your prediction.

Of course it could go up in the long run and the end result could be same and since it goes up and down in real life sometimes it could cross paths with yours as well, check out the next 6 months and there will be 5 months that is not the same but total of 10-15 days that will be exactly same all due to market crossing paths with a straight line that's it.

Not a surprise on looking up to those analysis which do talks or mentions into those numbers which we can say that it isnt really realistic to consider.Each one of us is free to make analysis and
every single one of us can predict according to his own thats why you would see several analysis that do really go into that area where it becomes not really that believable if we do base
up on the current movements in the market then you can tell that its impossible to happen in shortest time as possible.Well, we have our own shot but its not really that right to tell anybody
that your analysis were precise because even the veterans of this market cant still able to predict on where the market can possibly move ahead.

[carter34]

Of course it could go up in the long run and the end result could be same and since it goes up and down in real life sometimes it could cross paths with yours as well, check out the next 6 months and there will be 5 months that is not the same but total of 10-15 days that will be exactly same all due to market crossing paths with a straight line that's it.

Op can understand this that the market is not a stable type. His prediction might have been going as the market sentiment has gone but that may not be same in the next time as you pointed it. No matter how accurate or fulfilling that a prediction is, we need to protect with money management.

[Oceat]

Of course it could go up in the long run and the end result could be same and since it goes up and down in real life sometimes it could cross paths with yours as well, check out the next 6 months and there will be 5 months that is not the same but total of 10-15 days that will be exactly same all due to market crossing paths with a straight line that's it.

Op can understand this that the market is not a stable type. His prediction might have been going as the market sentiment has gone but that may not be same in the next time as you pointed it. No matter how accurate or fulfilling that a prediction is, we need to protect with money management.

Welp, OP's prediction is a bit off the chart but I believe that @thecodebear prediction more likely what could be the market in the future. And what @jaberwock said is true, the market is unpredictable it's always going up and down randomly that's why no one could ever get the right prediction but some can get the closest prediction just like what the chart of @thecodebear. Anyway, this prediction is far from reality yet–thing's might go sideways sometimes because there are no perfect prediction.

[STT]

I dont think you are wrong but the long term predictions take time to kick in before we can be sure, its more a case of retrospective confidence in the move then forecasting.   The reason for that I find is the trading view has us retracing and rechecking prices, people go long but the market stops them out as their resolve is tested.   Its a natural process that we never move in one direction absolutely, its quite rare anyhow but over time sure there is a trend and its well worth noting for the bias it adds to every other time frame.   Long term is most accurate view but we're also talking about moves of thousands of dollars, its still well possible we check the 200 day average in this year I think.

[slapper]

It is quite good up to now. However, I think we still need to wait more time in order to confirm whether your prediction is precise or not. You need to understand the concept of being betrayed in trading. Almost everything can happen even though we have great analysis. The exaggeration of bitcoin price in recent days can create another FOMO in the early of this year. Nevertheless, most charts have shown the same results that bitcoin will go up significantly in the near future

Analysis aside, its technology is undeniable. Therefore, there is one thing I know for sure that bitcoin and the blockchain will be complemented in our life. The question is: WHEN?

[exstasie]

I made this in Nov/19. https://www.tradingview.com/chart/BTCUSD/na03w2tl-Bitcoin-Long-term-prediction-2-0/
One year later and this still remain too accurate.

Yup the same as thecodebear said. You predicted next ATH right in 2022, but at that point and from that point on you are to conservative. At the end of this decade Bitcoin will be way over $100k.

I've always said this logarithmic channel is too limiting. It doesn't account for the possibility of S-curve style mass adoption, which could cause an extreme shortage of BTC on the market, particularly if institutional adoption takes off at the same time.

I believe the people who can't see past $100K are too focused on metrics like market cap and aren't accounting for Bitcoin's scarcity. That type of thinking would only work in a very liquid market, and honestly I don't think Bitcoin's global ask side will ever be particularly liquid. Not to mention how irrational bubble valuations can be.