I'm doing this monthly analysis on BTC price long term. It is pure statistics and cant tell for sure, but the average is 7k, on 01.01.2019. Five years data is used for this analysis.
Addition ....The R Squared value is 0,49, meaning around 50% impact. This means it can go 50% up or down from 7k .... or between 3.5k and 10k :)
Interesting analysis. Thanks for sharing. My $8k target lands right in there.
Love analysis like this, better than just my random guesses lol!
Thanks