Every time I meet a friend who is into bitcoin, we talk about the next peak and make predictions. I can't stop talking about this lol. Appreciate this video! Do it EVERY WEEK!
It is good fun, although definitely better to react than predict so keep an eye on the on-chain stuff! But glad you enjoyed will definitely do more in the future!
So ~$250k in 8 months for a ~$5T market cap which would surpass all remaining assets except gold. 🚀 Doable, but it will be up to the big boys and girls to decide whereas all previous cycles were mostly retail. If the U.S. immediately goes for the SBR, we can hit $250k. If not, I'm thinking $150k.
I have a similar thought process, this type of analysis is highly speculative so will be seeing how overheated the market looks at lower prices before setting my sights on $0.25m+ prices!
thank you Matt for this update , this is just awesome number crunching !!!! yes please to updating this every few monthsso helpful :) amazing update thanks again
Hello Matt, I would like to see the Pi Cycle Chart once a week as when the top arrives it could turn down quickly so the earlier the signal the better for returns. Tick for the video.
Glad you enjoyed! As we get closer to the top I'll definitely be trying to showcase all the data supporting overheated conditions, I definitely don't want to be holding too much all through the next bear and I don't want any viewers too either!
Amazing take ! So a faster oscillator rate of change from past cycles (when nearing tops), would essentially mean a lower/earlier terminal price. And in contrast a slower rate -> higher/later terminal price. That's the only assumption I think would be interesting to tweak for different scenarios (Q1/Q2/Q3) Since other indicators are heating up, would a faster rate of change be more fitting ?
Glad you enjoyed! Yes a slow and steady grind would be much healthier and probably lead to higher prices. This early in a cycle it would only take a couple weeks of consolidation or drawdown to change the forecast of this analysis by a couple months! Hard to gauge currently so will revisit!
Matts Mathematical Predictions throughout 2024... DEC 17 - $242,000 by AUG 2025 OCT 31 - $200,000+ by mid 2025 to early 2026 JUL 22 - $200,000+ by APR 2025 JAN 09 - $150,000 by AUG 2024 Thanks for all of your hard work Matt!
Thank you Matt. Amazing Vid. Regarding the BTC metrics combined indicator you are working on, could you consider adding the MACD? Also, it would be amazing if each metric could be toggled on/off so you could "build your own" metric based on the indictors the user favours. And user could compare different combinations. For instance, my favourite indicators are MACD, RSI, MVRZ and "Value Days Destroyed (VDD) Multiple". Would be killer feature imo. Be great is available for Advanced members. Just a suggestion. Thank you
We've actually had suggestions for adding the RSI before which I've looked into but I've not checked out the MACD yet so will look into it, thanks for the suggestions! I also think togglable data could be interesting so will see what's possible!
Wow Matt, genius and very well explained. Maths makes total sense and as always, understand it's just a model and it's probably better to follow the onchain indicators for real time signals. I hate to say it, but for my own good I hope this channel doesn't get too many subscribers otherwise the market will front run your predictions and top out early ;)
Would love to see these every week or month. I've been plugging the transcripts from your video into my favorite AI client and having it build a BTC investment strategy based on the data. I'm working with a Crypto financial advisor to implement it now and am thankful for your time and effort on these videos. I know its all speculative and never financial advice, but I can't find more solid analytics and data out there.
Awesome, thank you! These videos are definitely very speculative, I have a full on-chain roundup video planned for tomorrow that will be a lot more real-time data driven that you might enjoy!
Interesting. But why did you chose these indicators? Surely there are some indicators that say we have topped already. You will make me miss the top with this bullishness :D
This is one of the only ones we can really track the trend as it's based purely on price action. Using something like the Value Days Destroyed for this type of analysis is impossible as a number of whales could choose to sell at any time and influence the on-chain data. *Just as I was super bullish at the bear cycle bottom I'll try be brutally honest and even bearish when the data suggests to do so!
I'd guess $50k - $70k as the bottom throughout the next bear, but hard to predict now as we don't know how high the bull will go! I'd put the chances of us ever revisiting $30k as incredibly close to 0% and $8k essentially impossible.
I thought if you sell in May you typically come back in November... Either way I never really trust blind seasonal predictions, go away when the data says not the calendar!
S'il vous plait , pourriez vous proposer une traduction vocale en francais et ou autres langues , car les sous titres mal traduits qui se deplacent tout le temps sont un enfer à suivre 😟 Merci
Not sure if we can provide voice translated versions currently as we just don't have the resources. And apologies for the poor UA-cam auto subtitles but as someone that doesn't speak much French it's hard to verify how accurate it is!
Love these Matt. Every 2 months or so would be awesome as we’re getting into the meat of the bull market.
Thanks a lot and definitely more to come!
Every time I meet a friend who is into bitcoin, we talk about the next peak and make predictions. I can't stop talking about this lol. Appreciate this video!
Do it EVERY WEEK!
It is good fun, although definitely better to react than predict so keep an eye on the on-chain stuff! But glad you enjoyed will definitely do more in the future!
He does it around a monthly basis
So ~$250k in 8 months for a ~$5T market cap which would surpass all remaining assets except gold. 🚀 Doable, but it will be up to the big boys and girls to decide whereas all previous cycles were mostly retail. If the U.S. immediately goes for the SBR, we can hit $250k. If not, I'm thinking $150k.
I have a similar thought process, this type of analysis is highly speculative so will be seeing how overheated the market looks at lower prices before setting my sights on $0.25m+ prices!
thank you Matt for this update , this is just awesome number crunching !!!! yes please to updating this every few monthsso helpful :) amazing update thanks again
Glad you enjoyed it will do!
LOVE THIS!! Can we do one on the 1st of every month?
Let me see what I can do!
Hello Matt, I would like to see the Pi Cycle Chart once a week as when the top arrives it could turn down quickly so the earlier the signal the better for returns. Tick for the video.
Glad you enjoyed! As we get closer to the top I'll definitely be trying to showcase all the data supporting overheated conditions, I definitely don't want to be holding too much all through the next bear and I don't want any viewers too either!
Great work Matt !
Keep these coming every month or so..
Thank you! Will definitely make them a regular video after this!
Amazing take !
So a faster oscillator rate of change from past cycles (when nearing tops), would essentially mean a lower/earlier terminal price.
And in contrast a slower rate -> higher/later terminal price.
That's the only assumption I think would be interesting to tweak for different scenarios (Q1/Q2/Q3)
Since other indicators are heating up, would a faster rate of change be more fitting ?
Glad you enjoyed! Yes a slow and steady grind would be much healthier and probably lead to higher prices. This early in a cycle it would only take a couple weeks of consolidation or drawdown to change the forecast of this analysis by a couple months! Hard to gauge currently so will revisit!
Matts Mathematical Predictions throughout 2024...
DEC 17 - $242,000 by AUG 2025
OCT 31 - $200,000+ by mid 2025 to early 2026
JUL 22 - $200,000+ by APR 2025
JAN 09 - $150,000 by AUG 2024
Thanks for all of your hard work Matt!
Good effort putting them all together! Will be interesting when we get closer to the top to see how much these predictions continue to converge.
This was by far your best video. Very informative and easy to follow. Congrats and thanks for sharing.
Thanks that means a lot!
Great video Matt! I would love to see monthly updates.
Thanks and glad you enjoyed! I've had a lot of requests so will definitely have to do these more often!
Thank you Matt. Amazing Vid. Regarding the BTC metrics combined indicator you are working on, could you consider adding the MACD? Also, it would be amazing if each metric could be toggled on/off so you could "build your own" metric based on the indictors the user favours. And user could compare different combinations. For instance, my favourite indicators are MACD, RSI, MVRZ and "Value Days Destroyed (VDD) Multiple". Would be killer feature imo. Be great is available for Advanced members. Just a suggestion. Thank you
We've actually had suggestions for adding the RSI before which I've looked into but I've not checked out the MACD yet so will look into it, thanks for the suggestions! I also think togglable data could be interesting so will see what's possible!
Matt my man love these videos definitely the best and my favorite out there!
Thanks for the kind words and glad you enjoyed!
Very interesting! Please do this every month.
Glad you enjoyed!
@BitcoinMagazinePro This is awesome!
Excellent work.
Much appreciated!
@BitcoinMagazinePro 🌞
Excellent.
Many thanks!
Wow Matt, genius and very well explained. Maths makes total sense and as always, understand it's just a model and it's probably better to follow the onchain indicators for real time signals.
I hate to say it, but for my own good I hope this channel doesn't get too many subscribers otherwise the market will front run your predictions and top out early ;)
Yep always good fun to do but I'll be watching what's really happening on-chain when I begin profit taking!
Would love to see these every week or month. I've been plugging the transcripts from your video into my favorite AI client and having it build a BTC investment strategy based on the data. I'm working with a Crypto financial advisor to implement it now and am thankful for your time and effort on these videos. I know its all speculative and never financial advice, but I can't find more solid analytics and data out there.
Awesome, thank you! These videos are definitely very speculative, I have a full on-chain roundup video planned for tomorrow that will be a lot more real-time data driven that you might enjoy!
Perfect explanation, great video m8
Much appreciated! Sometimes not the easiest concept to explain haha.
Just from looking at the current charts i dont think we are overbought at the moment , would you agree ? always value your thoughts :)
I agree and have a video planned for Thursday that'll go over all the on-chain data supporting that!
@BitcoinMagazinePro lovely look forward to that :)
@BitcoinMagazinePro look forward to that for sure :)
Good one.
Thanks!
fun exercise; i've done something similar (comp'n 2020) and got similar results.
Hey I appreciate the analysis, but it needs a bit of cleaning up so that we can visually digest it properly.
Yeah valid point, will improve it for future episodes!
Interesting. But why did you chose these indicators? Surely there are some indicators that say we have topped already. You will make me miss the top with this bullishness :D
This is one of the only ones we can really track the trend as it's based purely on price action. Using something like the Value Days Destroyed for this type of analysis is impossible as a number of whales could choose to sell at any time and influence the on-chain data.
*Just as I was super bullish at the bear cycle bottom I'll try be brutally honest and even bearish when the data suggests to do so!
@BitcoinMagazinePro Ah, OK. Well there are other ways to speculate on other indicators and try to extend their lines further for sure :).
Will see if there's others we can add in to get an averaged predicted peak!
How closely does the PiCycle bottom coincide with the MVRV Zero bottom?
Pretty noticeable amount of crossover interestingly enough!
I think $200k next 3 mounth
Hi
Hello
Predict the low 30 to 8k that's my guess
I'd guess $50k - $70k as the bottom throughout the next bear, but hard to predict now as we don't know how high the bull will go! I'd put the chances of us ever revisiting $30k as incredibly close to 0% and $8k essentially impossible.
My current extrapolations are pointing to November 19, 2025.
Just in time for go away may
I thought if you sell in May you typically come back in November... Either way I never really trust blind seasonal predictions, go away when the data says not the calendar!
LOL yeah nice one brrrrrrrooooooooooooo
👍
Wow, I fell asleep watching this 😴😴😴
Ha my bad! Hope it was a good sleep.
Did he predict todays dump
🎉🎉🎉😊😊. Happy if Bitcoin can reach $150,000 by July or August 2025 🎉🎉🎉
Fingers crossed! Personally I think $150,000 is a more realistic target than $300,000 for summer next year but who knows!
btc will be 150k in august after it had its peak in april at 300k and only going down from there till the next bullrun 😂
You ashoom too much ser.
S'il vous plait , pourriez vous proposer une traduction vocale en francais et ou autres langues , car les sous titres mal traduits qui se deplacent tout le temps sont un enfer à suivre 😟
Merci
Not sure if we can provide voice translated versions currently as we just don't have the resources. And apologies for the poor UA-cam auto subtitles but as someone that doesn't speak much French it's hard to verify how accurate it is!
@BitcoinMagazinePro Dommage, mais merci quand-même.
Amazing 🎉🎉🎉🎉. 👏
Many thanks brutha. 🎉🎉
No problemo 👍
Definitely helps, please continue 🙏 🎉🎉🎉
Glad it helped and will definitely continue!