There are rumors on X, That btc can hit 35 at the end of 2023. How you see it
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My take, “at” makes this a duplicate of this: /BoltonBailey/will-the-price-of-bitcoin-be-above-650e73987abd
I will not correct it all the way down to that price though, given others interpret it differently.
I can see how the choice of the word “hit” may suggest it triggers any time before the end of the year. Unfortunately it seems the author @35f2 is inactive, so we will have to try to decipher the intention on our own, or with the help of mods, with the most likely outcome it gets cancelled.
From the analysis for the last 1 year, the range of BTC price was $14,024, the maximum was $30,466 and the minimum was $16,441. The price has been constantly growing but it didn't show any drastic change, and even if you predict the constant growth continues unitll 2023, the price would be $32,638 in December. I calculated using normal distribution in the case of $35K in December, the probability that the price goes above $35K was 2.11%. Of course, you can't predict the price of cryptocurrency by just analyzing the past change, and you have to take into account other surrounding components, but from the perspective about the transition of past price, there is really low probability to reach 35K in December.