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Graham Stephan: BTC will rise to $20,000

Said on Dec 13, 2017, at 10:19 in the video.

What was said
Graham Stephan

@grahamstephan

“right now I believe it's going to hit 20,000 by the end of this year if not slightly more”
Watch at 10:19Bitcoin Nears $17K: Why I FINALLY invested in Cryptocurrency (What happened?!)
PredictionBTCwill rise to $20,000by Dec 31, 2017
What happenedafter 1 year
Incorrect

Entry price (first close after the video)

$16,033

Dec 13, 2017

Price at close

$3,302

Dec 13, 2018

Return

−79.4%

BTC was $16,033 on Dec 13, 2017. The target was $20,000. Between then and Dec 13, 2018 the high was $19,799, so the level was not reached.

30 days

Incorrect

90 days

Incorrect

180 days

Incorrect

1 year

Incorrect

Details and evidenceReport a problem

The window it was checked over

BTCWindow checkedTarget named
$0$5,000$10,000$15,000$20,000$25,000Aug 2017Dec 2017Mar 2018Jul 2018Oct 2018Feb 2019Target $20,000Said on Dec 13, 2017
$0$5,000$10,000$15,000$20,000$25,000Aug 2017Feb 2018Aug 2018Feb 2019Target $20,000Said on Dec 13, 2017

BTC closing prices, adjusted for splits. The shaded span is the one-year window: it starts at the first close after the video went public and ends at the last close on or before one year after the day the video was published.

Result at every window

All windows are shown, so none is picked
Result at every window
WindowResultAt the startAt the endChangeBenchmark
30 daysR-PT v4Incorrect$16,033Dec 13, 2017$13,740Jan 12, 2018−14.3%—
90 daysR-PT v4Incorrect$16,033Dec 13, 2017$9,150Mar 13, 2018−42.9%—
180 daysR-PT v4Incorrect$16,033Dec 13, 2017$6,872Jun 11, 2018−57.1%—
1 yearR-PT v4Incorrect$16,033Dec 13, 2017$3,302Dec 13, 2018−79.4%—
3 yearsR-PT v4Partly correct$16,033Dec 13, 2017$18,809Dec 12, 2020+17.3%—
5 yearsR-PT v4Correct$16,033Dec 13, 2017$17,210Dec 12, 2022+7.3%—
Stated deadlineR-PT v4Incorrect$16,033Dec 13, 2017$13,716Dec 31, 2017−14.5%—
Why: 30 days

BTC was $16,033 on Dec 13, 2017. The target was $20,000. Between then and Jan 12, 2018 the high was $19,799, so the level was not reached.

Why: 90 days

BTC was $16,033 on Dec 13, 2017. The target was $20,000. Between then and Mar 13, 2018 the high was $19,799, so the level was not reached.

Why: 180 days

BTC was $16,033 on Dec 13, 2017. The target was $20,000. Between then and Jun 11, 2018 the high was $19,799, so the level was not reached.

Why: 1 year

BTC was $16,033 on Dec 13, 2017. The target was $20,000. Between then and Dec 13, 2018 the high was $19,799, so the level was not reached.

Why: 3 years

BTC was $16,033 on Dec 13, 2017. The target was $20,000. Between then and Dec 12, 2020 the high was $19,888, so the level was not reached.

Why: 5 years

BTC was $16,033 on Dec 13, 2017. The target was $20,000. Between then and Dec 12, 2022 the high was $69,000, so the level was reached.

Why: Stated deadline

BTC was $16,033 on Dec 13, 2017. The target was $20,000. Between then and Dec 31, 2017 the high was $19,799, so the level was not reached.

What was said around it

fundamentals justifying the prices that we're seeing right now and this is with me actually investing in it and this is with me making money in it so far and I'm sure if this continues at one day it will have the fundamentals to justify the prices that we're seeing now if not higher but in order for this to sustain itself we either need way more mainstream adoption or for people to continue buying it higher and higher and higher just with the expectation that more people are going to be buying in because it's going higher and higher and higher like right now I believe it's going to hit 20,000 by the end of this year if not slightly more and the reason I say that is because investors expect it to hit 20,000 so that means that people are buying in now anything under 20 just because they believe it's going to hit 20 and because of that belief it's going to hit 20 and this is the problem I see right now at some point this isn't gonna be able to sustain itself at some point whether or not this point is twenty thousand thirty thousand fifty thousand a hundred thousand or a million I can't see any fundamentals or use really justifying its price and at this point it's really just based on

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.

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