Welcome Bonus: Sign Up & Get Up to $150 in BTC

Get Started

Analyst: Model predicting Bitcoin will hit $288k is no better than “moon cycles”

To most, Bitcoin’s rally from literal irrelevance to becoming one of the most valuable assets in the world is hard to explain.

Analyst: Model predicting Bitcoin will hit $288k is no better than “moon cycles”

Cover art/illustration via CryptoSlate

To most, Bitcoin’s rally from literal irrelevance to becoming one of the most valuable assets in the world is hard to explain.

The critics say that the value of the cryptocurrency is entirely based on speculation by foolish retail investors willing to buy into what they think is a Ponzi scheme.

To read the rest of this article, sign in or join CryptoSlate Edge.

Get an Edge on the Crypto Asset Market

Even though the crypto market is fast-moving and often confusing, CryptoSlate Edge can help make sense of it for you. Edge is a yearly membership intended to help you become a more knowledgeable crypto investor and better decision-maker.

Here's what's included in your membership:
Exclusive Articles and Analysis

Get an analytical edge by accessing members-only articles with insights from our researchers.

Private Discord Community

As an Edge member, you will access new articles first and be able to ask our journalists questions in our private Discord.

Access to All Innovative Projects and Curated Sectors

Follow new projects and crypto sectors with our manually curated data for over 50 industry verticals.

Enhanced Data In News Articles

See the TradingView price charts and IntoTheBlock sentiment and on-chain data in market analysis articles.

Exclusive Video Interviews with Crypto Founders

Get access to the exclusive recordings of our interviews with founders we use for our articles.

Ad-Free Experience

We hide all advertisements for CryptoSlate Edge members.

Pay with Crypto ($228)
BTC · ETH · USDC · DOGE · LTC · DAI · BCH