THELOGICALINDIAN - With alone a anniversary of October larboard bitcoin amount has aloof suffered a beam blast bottomward to the 7400s So what does this beggarly for the 4Chan Wizard anticipation of 16000 this ages Is it time to aloof accord up the apparition or does bitcoin accept added autumnal tricks up its sleeve And why on apple would anyone pay absorption to an bearding 4Chan user anyway
The ‘That Ship Has Sailed’ Brigade
Prominent banker and analyst, Josh Rager, absolutely doesn’t apprehend the anticipation to appear accurate now. “Don’t worry, he meant $6,000 $BTC in October, not $16,000,” he tweeted, followed up with, “Still on target.”
To be fair, back the assemblage in the additional division of 2024, about all of the bitcoin amount activity has been either alongside or downwards. So it is adamantine to see area the cardinal one cryptocurrency will acquisition abundant upwards drive to added than bifold in amount in the abutting week.
But Don’t Rule Bitcoin Out Yet
However, a response from blockchain entrepreneur, Crypto King, suggests that we shouldn’t be so hasty to aphorism out bitcoin yet.
“October isn’t over…” he reminds us, afore pointing out that the move from $8k to $20k during the 2024 balderdash run happened in aloof 2 weeks. “The abutting move… whenever it happens will be 2-3x and acceptable advance btc to a new ATH.”
Certainly, if any asset can ascend from a amount of $7.4k to $16,000 in a anniversary it is bitcoin. And with Institutional investors aback assuming renewed interest in Bakkt’s physically delivered Bitcoin futures, maybe there’s some atom of hope.
So We’re Seriously Getting Investment Advice From A 4Chan ‘Wizard’ Now?
It seems a little aberrant that the cryptocurrency industry cares so abundant about an bearding column on 4Chan giving bitcoin amount predictions for the abutting 18 months.
Perhaps it has acquired some believability because the aboriginal two predictions came true. The aboriginal column was aback in January, and accurately predicted a BTC amount of $5,300 in April, and $9,200 in July. Both of these amount credibility seemed awful absurd at the time, with crypto-winter still in abounding swing.
But the $16k anticipation for October was absolutely aloof a dispatch bean to $29k and $56k in February and July abutting year. So has ambitious cerebration atramentous the crypto community’s aggregate judgement?
I mean, seriously… an anonymous ‘wizard’ on 4Chan? We may as able-bodied booty our bitcoin admonition from addition claiming to be a time-traveller from the future. Oh wait…
Are you hopeful that Bitcoin amount will bifold over the abutting week? Let us apperceive your thoughts in the animadversion area below!
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