It seems that John McAfee is fit to worry about his health. After the significant fall of BTC in recent days, the real rate fell below the predicted theoretical rate "by McAfee" (this is the settlement rate, which should be to the current moment if the BTC is going to reach 1 million dollars in 2020 year). At the moment the difference is 7,66%.
It is worth noting that this is the first time that McAfee's projected settlement rate has fallen below the actual price of Bitcoin. This suggests that McAfee may well lose, and this is fraught with appalling consequences.
See also: McAfee is ready to eat a penis if Bitcoin does not cost 1 million
The whole way Bitcoin to a million looks like this. You can monitor the situation on a special tracker:
For the first time the information that McAfee proposes a dispute appeared in the media in July 2017. Then he predicted that the price of BTC would reach 500 000 $ for three years, at that time Biktoin cost 1 800 $.
Later, in December 2017, he doubled the rates, saying that BTC would reach
1 000 000 $ for the same time period:
When I predicted the price
Bitcoin at 500 000 $ by the end of 2020, I was guided by the same model as the forecast of 5000 $ by the end of 2017. BTC significantly accelerated growth and outperformed the model assumption. Now I'm predicting a Bitcoin price of 1 million dollars by the end of 2020. I'm still ready to eat a penis if I'm wrong.
Since then, the bitcoin market has come a significant bearish period, which dropped the price from a peak of almost 20 000 $ to the current value a little higher
$ 7 000.
Nevertheless, the former CEO of MGT Capital was not afraid of the recent decline in prices. Last month, he wrote on Twitter that he was "ABSOLUTELY!!!"Confident in its rate and"can not lose.
Of course, this tracker implies that
Bitcoin moves steadily and evenly to a certain price (in our case it is 1 000 000 $). Obviously, the markets do not develop that way, there is always a cyclical nature in their dynamics. And the fact that the BTC price has fallen below the forecast level does not necessarily indicate an increase in the probability of winning / losing McAfee.
Nevertheless, the forecasted rate is growing at a rate of ~ 0,48% per day. This means that the absolute increase in dollar equivalent increases daily, and the predicted BTC on the chart increases the rate. If the correction is delayed, then the real Bitcoin may not be able to catch up with the McAfee bull course.