The price of Bitcoin is based on one thing and one thing alone: how many people buy it.
So if anyone has a graph or a theory, it’s all B.S. unless they can read in the mind of the billions of people around the world who might buy or sell coin.
Find me a mind reader that can read the minds of the entire world, and I will predict bitcoin price precisely and accurately.
Bitcoin had remained in the dark for most of it’s life until last year when the media started to talk about it ad nauseum. That’s when the bitcoin bubble started to inflate. Suddenly every wanna be speculator wanted in.
If you can predict that the media will start talking about it again next year, than you can predict an other bubble for next year.
Me, I just believe in the philosophy behind bitcoin. I think if bitcoin becomes widely used, the world will be a much better place. So I buy.
Good question but I think you`d better read some professional forecasts first. Especially if you plan any investment in future. The thing is that money issues demand a good research made beforehand. If I need some professional point of view I turn to www.crypto-rating.com/forecasts/ There are plenty of such forecasts gathered together