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What's the Deal with Price Predictions?

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by COINS NEWS 94 Views

I already filled my main bags months ago, and so am now trying to find hidden gems that may do really well this cycle. What I'm noticing, however, is that pretty much all of the price predictions I'm seeing for basically any coin, are significantly under the bullish sentiment surrounding the overall market at the moment. The websites pretty much unanimously have predicted max prices for a lot of coins that have literally already performed well over those predictions.

Moreover, how can these sites be predicting such high prices for coins in future years? The bull run will almost definitely be finished by 2026, yet the price predictions for most coins (that I've researched) in that year are 10x-20x what they are predicted to be this year.

I'm not big into technical analysis, but it almost seems like whatever tools these sites use just completely neglect bull runs.

submitted by /u/seanny333
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