$1,000,000 #Bitcoin is NOT a fantasy...
according to the most advanced current statistical models, it is a highly probable outcome.
The most robust fair value model created, utilizing 747,614 data points, 10min price intervals.
Remember, BTC has been trading 24/7 since July 2010.
Jan 1, 2034
Fair Value = $1,004,538
Today
Fair Value = $61000
Interesting Observation: The pump and subsequent consolidation from the cycle low to now brought us back to fair value.
The real fun hasn’t even started yet, and if you look at the vertical time-based lines, we’re precisely on track compared to the 2020 cycle and ahead of the 2012 and 2016 cycles relative to the fair value red line.
And remember, I am referring to fair value using 50% quantile regression, which means the predicted value lies at the median, with 50% of the data points above and 50% below.
This doesn’t rule out the possibility of reaching $1,000,000 during a bull run before 2034; it simply shows statistically that the fair value is projected to reach $1,000,000 around 2034, based on the best data we currently have and the most statistically sound fair value model presented to date….make it title
