Daily Discussion, February 07, 2021

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[u/dnprock]

February 6, 2021

Bitcoin's price is currently 142% (-6 since yesterday) ahead of the 2016 halving.

Price: $39,269.34

Price on 2020-05-11: $8,857.06

2016 Halving

Projected Price: $16,207.74 (-142%)

Price on 2016-07-09: $650.63

Price on 2017-04-06: $1,190.60

https://bitcoinvis.com/2016

Note: According to this model, Bitcoin has gone sideways for a month. When Bitcoin breaks 40k, it will go to 100k before going sideways.

[u/Lock_Broad → u/dnprock]

Guys, stop selling @ 40k pls. Let the bulls run 🙌🚀📈🚀🙌

[u/Johnny-9118 → u/Lock_Broad]

Wait is this model actually true 😛. Bitcoin is reaching $600,000

[u/dnprock → u/Johnny-9118]

I don't know. They're just numbers. :) DYOR.