Forecast price of BTC with regression analysis
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