Latest Monte Carlo Simulations of Bitcoin Price 100 Days Out

Just for fun, I've developed a monte carlo simulator for Bitcoin (or really it can be used for any empirical distribution).

Simulating 1000 random walks out to 7.11.2018 produces the following "prediction":

1000 random walks ending on 2018-07-11T00:00Z

• Average Close Price: 10297.871828929912
• Median Close Price: 9580.614030757966
• Max Close Price: 31071.8910745536
• Min Close Price: 2277.196877248253
• 80th Percentile Close Price: 13531.952141619598

Which can be visualized by this chart:

I also ran 10,000 random walks (all hail the Threadripper) with the following results:

10000 random walks ending on 2018-07-11T00:00Z

• Average Close Price: 10253.35880964114
• Median Close Price: 9389.700623245808
• Max Close Price: 50481.52524964556
• Min Close Price: 1586.7458787213823
• 80th Percentile Close Price: 13445.03327374023

Again, this was just for fun so don't go betting your home equity on it!