Everyone seems to be pondering Bitcoin will hit $500000 this bull run!! However the true peak of Bitcoin goes to shock you!! At present we dive into …
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Previous BTC price is generally based on retail money and approval of ETF may change future BTC history big time
ETF's will make things messy.
Your forgetting that we have been suppressed by the SEC and add the ETF to the table this time.
this is not a good prediction. no covid this time, a perfect storm of incentives to get in, and an ETF to increase the audience.
Those other bull runs didn't experience a Covid Recession. I think last bull run Bitcoin would have hit between $150,000 and $200,000.
I think your prediction is worst-case. I think times 2. Interesting to see the next top, as none knows.
If ETF is approved then it may not be a retail market anymore.
IF we just use the data and not hype, opinion, speculation. IF history repeats/rhymes like it has for the entire time Bitcoin has been existence. IF we are using ONLY ALL the data then Bitcoin has about another double left in it this cycle top being around 79k. Could it boost over that to around 100k..sure anything is possible just not as probable.
First reasonable prediction I have seen
Depends on the survival of the dollar. As inflation goes up Bitcoin will go up exponentially. At one point the dollar will have zero value and Bitcoin will be no more.
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My figures say $140000.00
The problem with diminishing returns is that Btc would start to decline in value if bear retracements continued to play out as they have or best case it would essentially become a 100k range bound coin in perpetuity – eventually something has to invalidate diminishing returns or BTC as an investment class will fail
that probably would work if it was normal halving and BTC cycles, but now we got unknown BTC ETF price factor and also we had massive inflation.
I had thought $110k next cycle from the log chart, but the ETF takes bitcoin mainstream. Indeed the price could be $500k next cycle.
Your analysis is flawed basing it on the "4 yr cycle" . No such thing as a 4 year cycle. BTC will not even get new highs , because the super cycle is ending.
Last cycle you had billionaires suppressing the price…. ftx…. this cycle you'll have trillion dollar companies shilling it, and the gates will be open for banks, hedge funds, retirement accounts etc.
Brother, great content as always. Makes a lot of sense as the tokenomics/mathematics don’t lie. It’s great to see how you’ve come back in leaps and bounds over the last 12mths. Looking good mate🤙🏼
500k is too bearish and it doesn't matter how high it goes I'm never selling and won't stop buying because the dollar is headed to ZERO!!!
BTC is obvious for 2024. Less known is Filecoin which for me is also a long term accumulate/hod and global data storage demand will grow exponentially. Once the market catches on there will be a Filecoin god candle.
Those with early Sol gains are now re-investing into Filecoin but either way Bitcoin and Filecoin is the big daddy where the big boys of finance are about to deploy. Arthur Hayes is also a big Filecoin advocate by the way.
however useful your info may be, you presentation is MUCH too annoying to listen to
Not that it's very important but you look a lot better without the beard 🙂
Your videos are always insightful
Bullish or bearish, nothing beats the involvement of an expert in any trade or investment, selfishness and greed held many back and they ended up suffering huge losses, and the crypto market- Currencies are no exception.
This is the most realistic.