Model That Predicted Bitcoin Price Drop to $8,000: Bears Are Done

The Bitcoin (BTC) bear trend that brought the cryptocurrency from $14,000 to $7,700 is over… according to a price model anyway.
In early-August, a cryptocurrency investment boutique unveiled a price prediction model that used Facebook’s Prophet machine learning software in Python. BurgerCrypto, as the upstart is called, revealed in their model that they expect Bitcoin to fall to the low-$8,000 region in October.
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