Cryptocoin. com we take a look at some of the worst crypto predictions made by analysts, influencers, traders and fund managers. The predictions made about BTC, SHIB, ETH and DOGE, which are far from the truth, now look quite surprising.
SHIB, BTC, DOGE, ETH and others
Elon Musk’s appearance on SNL is a bullish indicator for Dogecoin (Ed Moya). Many believed that Musk’s first-ever guest appearance on “Saturday Night Live” would push the price of Dogecoin even higher. Contrary to expectations, Dogecoin began to crash during Musk’s SNL appearance.
Bitcoin drops to $10,000 (Scott Minerd). Back in June, Guggenheim’s Scott Minerd predicted that $10,000 could be the “true bottom” of Bitcoin, but the bears failed to push the crypto king below $28,500.
Bitcoin ends 2021 above $100,000 (Tom Lee). Fundstrat’s Tom Lee has said repeatedly this year that Bitcoin will be trading above $100,000 by the end of 2021.
Ethereum rises to $10,000 this year (Megan Kaspar). In an interview with Yahoo Finance, Megan Kaspar predicted that ETH will rise to $10,000 by the end of the year.
Shiba Inu goes to zero (Peter Mallouk). In early November, Mallouk tweeted that the Shiba Inu would go to zero. This was somewhat dramatic because SHIB remains the 13th largest cryptocurrency by market capitalization despite a significant downturn.
https://twitter. com/YOLOldGregg/status/14558751211504296965
Ethereum will topple Bitcoin this year (Adam Cochran). Etherians have gotten a little too excited this year, and “circular” calls have become commonplace. Earlier in May, Adam Cochran said he was “very confident” that Ethereum would replace Bitcoin if the bull run continued.
Stock-to-flow model (PlanB). The effective stock-to-flow model was ridiculed in early December after Bitcoin failed to hit its target by 50%. Still, PlanB is not giving up, claiming that the cryptocurrency is still trading at the lower band of the model.
https://twitter. com/adamscochran/status/1391736728764002307
