03-26-2023, 10:50 AM
BTC to reach $100,000 USD by Q10 2021 - an analysis:
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/1228ecl/btc_to_reach_100000_usd_by_q10_2021_an_analysis/"> <img src="https://b.thumbs.redditmedia.com/HUugn3bEJ4NL2771tRM3EqE99m8zc4gs8a0AHfxQXIA.jpg" alt="BTC to reach $100,000 USD by Q10 2021 - an analysis:" title="BTC to reach $100,000 USD by Q10 2021 - an analysis:" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>Hello all,</p> <p>As we have all seen, the cryptocurrency market has once again entered a bull market, proceeding last month's bear. During this time, I have spent countless hours (roughly 7 and a half minutes) analyzing bitcoin's price trends and charts and have concluded that $100k BTC is on the table for Q10 2021.</p> <p>Here's my analysis:</p> <p>First off, we have seen massive gains in price in the past few weeks.</p> <p><a href="https://preview.redd.it/3gul7bfwuzpa1.png?width=942&format=png&auto=webp&s=0ecbf31ca55195ced5386b719f4141b1d50040c0">don't look at the rest of the chart pls</a></p> <p>If we zoom in and look at this growth closer, we see this:</p> <p><a href="https://preview.redd.it/dff3zll1vzpa1.png?width=931&format=png&auto=webp&s=b02f0ec493452d46b34664e1fc3ae318e46e32e8">big green circle in the middle*</a></p> <p>Now take a good look at this. What does it look like?</p> <p><a href="https://preview.redd.it/4wn91kw7vzpa1.png?width=507&format=png&auto=webp&s=5ea19c78fc6ea1cce5c0c57551b28968bdc54c82">f(x) = 2^x</a></p> <p>Exponential growth. </p> <p>As most of us know end behavior from algebra, as X approaches infinity (in this case time), f(x) approaches infinity (in this case price).</p> <p>This means that, if time is measured in months, the price of bitcoin should double once per month, meaning by April, we should see price action upwards of $50k, and finally $100k in May (Q10 2021). </p> <p>Yet, it gets better:</p> <p>As stated before, the end behavior of this exponential growth means that as time approaches infinity, price will approach infinity. Doubling every month for the next two years, we should expect a price of $458,286,432,256, making those who hold 1 bitcoin have a greater net worth than that of Elon Musk. </p> <p>This is a once in a lifetime investment opportunity. Be ready. </p> <p>TL
R:</p> <p>Bitcoin price will double every month starting now due to the exponential price gain of BTC. This means that in the next two months, we should expect bitcoin to hit a price target of $100k USD.</p> <p>Thank you for taking the time to read my analysis. I will be keeping everyone up to date with future price action.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/LaundrySauce110"> /u/LaundrySauce110 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/1228ecl/btc_to_reach_100000_usd_by_q10_2021_an_analysis/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/1228ecl/btc_to_reach_100000_usd_by_q10_2021_an_analysis/">[comments]</a></span> </td></tr></table>
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/1228ecl/btc_to_reach_100000_usd_by_q10_2021_an_analysis/"> <img src="https://b.thumbs.redditmedia.com/HUugn3bEJ4NL2771tRM3EqE99m8zc4gs8a0AHfxQXIA.jpg" alt="BTC to reach $100,000 USD by Q10 2021 - an analysis:" title="BTC to reach $100,000 USD by Q10 2021 - an analysis:" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>Hello all,</p> <p>As we have all seen, the cryptocurrency market has once again entered a bull market, proceeding last month's bear. During this time, I have spent countless hours (roughly 7 and a half minutes) analyzing bitcoin's price trends and charts and have concluded that $100k BTC is on the table for Q10 2021.</p> <p>Here's my analysis:</p> <p>First off, we have seen massive gains in price in the past few weeks.</p> <p><a href="https://preview.redd.it/3gul7bfwuzpa1.png?width=942&format=png&auto=webp&s=0ecbf31ca55195ced5386b719f4141b1d50040c0">don't look at the rest of the chart pls</a></p> <p>If we zoom in and look at this growth closer, we see this:</p> <p><a href="https://preview.redd.it/dff3zll1vzpa1.png?width=931&format=png&auto=webp&s=b02f0ec493452d46b34664e1fc3ae318e46e32e8">big green circle in the middle*</a></p> <p>Now take a good look at this. What does it look like?</p> <p><a href="https://preview.redd.it/4wn91kw7vzpa1.png?width=507&format=png&auto=webp&s=5ea19c78fc6ea1cce5c0c57551b28968bdc54c82">f(x) = 2^x</a></p> <p>Exponential growth. </p> <p>As most of us know end behavior from algebra, as X approaches infinity (in this case time), f(x) approaches infinity (in this case price).</p> <p>This means that, if time is measured in months, the price of bitcoin should double once per month, meaning by April, we should see price action upwards of $50k, and finally $100k in May (Q10 2021). </p> <p>Yet, it gets better:</p> <p>As stated before, the end behavior of this exponential growth means that as time approaches infinity, price will approach infinity. Doubling every month for the next two years, we should expect a price of $458,286,432,256, making those who hold 1 bitcoin have a greater net worth than that of Elon Musk. </p> <p>This is a once in a lifetime investment opportunity. Be ready. </p> <p>TL
R:</p> <p>Bitcoin price will double every month starting now due to the exponential price gain of BTC. This means that in the next two months, we should expect bitcoin to hit a price target of $100k USD.</p> <p>Thank you for taking the time to read my analysis. I will be keeping everyone up to date with future price action.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/LaundrySauce110"> /u/LaundrySauce110 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/1228ecl/btc_to_reach_100000_usd_by_q10_2021_an_analysis/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/1228ecl/btc_to_reach_100000_usd_by_q10_2021_an_analysis/">[comments]</a></span> </td></tr></table>