BitcoinUpdated [Update BTC] Let me propose again an old model I built
In 2022 I started building a btc model that was based on 3 theses:
- the peak of the first wave of inflation is here
- btc is following a s/hyperbolic adoption curve (we are approaching the flat part)
- btc is following a 3x3 time-based phase model
![[UPDATE BTC] if CPI peaks in the summer, 74k-77k$ is possible.](https://s3.tradingview.com/n/N5cxz05C_mid.png)
Based on this model, I was expecting a price between 2023 and 2024 of 54-77k.
- the peak of the first wave of inflation is here
- btc is following a s/hyperbolic adoption curve (we are approaching the flat part)
- btc is following a 3x3 time-based phase model
Based on this model, I was expecting a price between 2023 and 2024 of 54-77k.
Note
if this model turns to be right...Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.