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Bitcoin 5 year price forecast historical regression models adjusted
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Historical regression models adjusted for current inflation levels estimate Bitcoin 5 year price forecast values of $95,000 as median targets, given parallels to the 2016–2020 cycle. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $621,976 !" Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,150,085 !" , has soared in recent decades. Operating with huge fiscal deficits isn't helping the situation. Analysts tracking Bitcoin’s on-chain data project that if hash rate growth continues at the current 8% annual pace, the Bitcoin 5 year price forecast could hit $100,000, supported by healthy miner activity and decreasing sell pressure.