I think we’ll see the peak of this cycle in mid to late 2021. I’m thinking something near $100,000 per coin is possible.
Disclaimer - I’m a fucking moron who got lucky with bitcoin. Don’t listen to my predictions, I’m a total charlatan.
Disclaimer - I’m a fucking moron who got lucky with bitcoin. Don’t listen to my predictions, I’m a total charlatan.
My only hope is that if it does reach that level it's not off the back of something so stupid again. Good, honest interest in BTC will be more than sufficient for me.
Even then I'd rather there wasn't this explosive cycle, but that's the only way it's going to roll until it's considerably more entrenched.
I know what you mean, I’d prefer a gradual, more healthy increase in price aligned with getting closer to mainstream adoption.
I think bitcoin is still in its infancy though & we’re going to get these volatile & somewhat erratic price swings until total mainstream adoption which could be a decade away.
Everything is in place for institutional money to enter on this cycle though & I think they will, big time.
Wall Street etc saw what happened last time from $1,000 to $19,000 & they’re going to want a piece of it.
It’s going to be like a viagra pill with a face (movie quote) this time. I expect a violent upturn approx 6 months after the next halving.