Forecast price of BTC using regression analysis

by Augustine // June 9, 2022

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Excerpts from CareYourPresent – a crypto enthusiast

Forecast price of BTC with regression analysis

JUNE 1, 2022~ CAREYOURPRESENT

If we view BTC price from mathematical point of view using regression analysis and if you are a believer of regression to mean, we haven’t even reach -0.5 SD yet (25k).

As of today, the price has only reached 1 SD before, will we hit 1 SD again? To reach 1 SD, we will hit 18k.

More BLOOD TO COME!

How about price of BTC from astrology point of view?

The price has dropped from a peak of 32k on 31 May 2022 to current price of below 30K as of 2 June 2022. It is expected as new moon is when BTC price will peak. Did you sell your BTC?

Well I did sell my BTC. The price of BTC will bottom around 14 June 2022 give and take 1-2 days. I will look to buy BTC then.

You can view CareYourPresent website here for more details and the moon phase theory here

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