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Contest: What will be the price of BCH in... Fourth round
A few days ago I wanted to upload the contest article again, in its fourth stage. Two more to go after this one.
In the previous article, only 5 users gave their prediction and 2 of them were new. At that time, the BCH had a value of $118 USDT and had been rising compared to the previous two. But it was at that moment that everything changed.
Our friend @fantagira posted her prediction and I think her wishes finally came true that day lol.
The price of BTC crashed and we all know what came next. The world of cryptocurrencies went crazy and they all followed BTC into the abyss. The BCH was worth even below $90 USDT and had all of us on end with the creeps. Luckily the fall stopped and it started to climb very slowly until it reached $102 USDT. Currently, it is half stuck there for hours. Hopefully and break up again.
With the prices that were predicted by the 5 users, an average of $121 USDT per BCH was the result. Although on the balance sheet it is still high, about $205.
Personally, I believe that a realistic price for the end of the year would be between $120-$130 USDT. From my point of view, it is an ideal price that also depends a lot on whether BTC reaches $21,000 again at a minimum.
Many have lost faith and hope that BCH will recover, and this is logical. Today, for example, I looked in my Bitcoin.com wallet at a transaction I made in December 2021 of about $150 USDT in BCH, and that today would have a value of only $30 USDT. Incredible!
The prizes will be given to the first 3 places on January 2, 2023.
1st place: 3 USDT
2nd place: 2 USDT
3rd place: 1 USDT
As I have always told you: Prizes are not the best, but at least try to keep the spirit alive!
If any user wants to contribute to the final prize, to increase it, say so in the comments and help improve it, I will take care of informing you guys and expanding the prizes with the contribution. For now, none have offered to increase the rewards.
Now it's time to re-predict the price of BCH for the end of the year on December 31, 2022, at 11:59 pm
Let me know in the comments:
I consider that the price of BCH will be $___ USDT