Summer dip?!, December price outcome? ---> JOIN and guess the price GO!

[akhjob]

I'm not sure if I'm eligible to join this giveaway. But since I got notified by LoyceV's post, I'm giving it a shot.

My prediction: 40,476$

Reason: I'm not a TA guy, but I have been reading that Bitcoin is following wyckoff accumulation pattern. So I'm expecting that bitcoin would start pumping insanely after July 21st due to the Jack-Elon meet. August should be a very bullish month for BTC to reach a new ATH, then the distribution phase should be in September and October. By December, I expect BTC to be around 40k.

[LoyceV]

221.   $  39,523      

Sorry, you don't qualify to join. You're 32 earned Merit short.

I'm not sure if I'm eligible to join this giveaway.

Unfortunately, you're too late. No more new entries:

-You can give your price prediction until: 10-07(July)-2021  13.00 CET

[akhjob]

^ It's ok. Good luck everyone  

It's better to lock the thread if no new entries are accepted.

[Charles-Tim]

It's better to lock the thread if no new entries are accepted.

Why should the thread be locked? It is not necessary, that does not mean there wouldn't be constructive discussions speculating about what Bitcoin price can be before the specified date. Leaving this thread unlocked is better, any quality post will be welcomed imo, but just that no more new entries.

[PrimeNumber7]

It's better to lock the thread if no new entries are accepted.

I think it would be fun to continue to discuss the price, and where everyone thinks it is going between now and December.

No one can change their predictions, but anyone can change their opinions and thought processes, and it would be fun to discuss where the price of bitcoin is going

[LoyceV]

Why should the thread be locked? It is not necessary, that does not mean there wouldn't be constructive discussions speculating about what Bitcoin price can be before the specified date. Leaving this thread unlocked is better, any quality post will be welcomed imo, but just that no more new entries.

Exactly. That's why it's in Speculation.

[El duderino_]

Another BIG thx to Loyce for helping me out on this one

 

[ImThour]

$112,000 - I'm just 6 Merits less for participating, so please consider if possible.  
EDIT: Just noticed I'm way too late, sorry for posting. Will keep my comment here just to see how I did.

[Wind_FURY]

When the December price outcome is known, I believe pooyah87 and I can claim the top 2 bonehead predictions in this contest if Bitcoin indeed crashes to lower lows. I actually had hoped to be Bonehead No.1. Hahaha.

Good luck!

[El duderino_]

How would this game looks like….. if I had released it in a pump like this one …?

[LoyceV]

How would this game looks like….. if I had released it in a pump like this one …?

My $178,845 still looks pretty good

[pooya87]

I actually had hoped to be Bonehead No.1. Hahaha.

HAHA. Never

[PrimeNumber7]

How would this game looks like….. if I had released it in a pump like this one …?

My $178,845 still looks pretty good

I think my prediction has the highest probability of winning. My $12,200 will be the winning prediction for any closing price below $13.443. This is 4x the low we saw in 2020, and is a price we have seen as recently as November 2020. No one else has such a large price window, except for pooya87, who needs the price to reach ~6.6x the ATH to have a winning guess.

I noted in my prediction post that I believe that QE is causing short-term speculation and that inflation will cause both short-term interest rates and QE to be sharply curtailed, both of which should cause sharp pullbacks in speculative assets.

This does not affect my opinion as to the long term direction for the price of bitcoin.

[Wind_FURY]

How would this game looks like….. if I had released it in a pump like this one …?

Then there will be more boneheaded predictions made, at boneheaded prices more than mine. Haha.

BUT, with Bitcoin being Bitcoin, if indeed this surge is THE ONE, in 4 weeks it can surge to $75,000. That’s just 4 weeks. Then by December 6 digits is attainable. But how high? I believe 10x from $30,000 summer dip is just right.

[El duderino_]

Would anyone of previous price prediction change there mind cause of the latest weeks…?

Or is everyone just thinking same as when they chose there price?

[shahzadafzal]

Would anyone of previous price prediction change there mind cause of the latest weeks…?

Or is everyone just thinking same as when they chose there price?

Well to be honest... I did seem this way... if I had to predict it now and keeping the last week in view obviously my prediction would have been much different.

The week when I did my prediction (1 Jul - 8 Jul)       vs      the current week (27 Jul - 02 Aug)


It's clear the current trend is much different and more bullish.

It looks like bull market is here sooner than expected and this month August might bring back or even break ATH.

In current scenario I would have predicted something $80k or may be higher.

[Charles-Tim]

Would anyone of previous price prediction change there mind cause of the latest weeks…?

Or is everyone just thinking same as when they chose there price?

I chose $26242 because the price of bitcoin is not easy to predict, there can be bull back when someone is expecting bull run, the price in December is just a guess because it can be otherwise. But I am still thinking if Bitcoin can reach $$63729 again which is the all-time-high. I am expecting whales and institutions next big move to be during 2024 halving because they know how people can fomo during the time which can result to significant and abrupt price in the uptrend direction. But, as of now, I think/guess that the price can not reach all-time-high, but there can be bull bear market within $20000 and $$64000, but to guess the exact price between that range at certain time will still only be a guess if correct. This makes me still choose $26,242.

[El duderino_]

Would anyone of previous price prediction change there mind cause of the latest weeks…?

Or is everyone just thinking same as when they chose there price?

Same question…?

[LFC_Bitcoin]

Would anyone of previous price prediction change there mind cause of the latest weeks…?

Or is everyone just thinking same as when they chose there price?

Same question…?

Specifically to these bears below -

Prediction overview

158. $12,200 PrimeNumber7
171. $14,687 wwzsocki
175. $15,800 sabotag3x
188. $20,500 mu_enrico
192. $22,000 Ratimov
193. $22,580 Buchi-88
195. $23,500 0x256 (second post)
197. $24,317 icopress
200. $26,242 Charles-Tim
204. $28,000 1miau
207. $29,792 Captain-Cryptory

[icopress]

I refuse to answer until my name is highlighted in red!  

The last few months we were in the stage of a flat, which was only now interrupted by an exit in an upward direction, although I think that this is a false impulse after which we will return to the $ 30,000 border. Below I have added a comment on why I would not change my prediction ... so let's see if I'm right or wrong.