If the price rises to $500 in early July, I will be very happy. That is 10% rise in two months, or 60% in a year.
60% annual rise a quite a lot if that is sustainable. I hope can be like that in the next 20 years.
60% a year for the next 20 years, that is 12,089 times of present value, or $5.7 million for each bitcoin.
Which is plainly insane/crazy. Of course it wouldn't be guaranteed 60% rise annually. Just take a look at 2014 and you'll get a nice picture of what I'm saying. The recent price increase, I think, is due to halving becoming closer and closer each passing day. Mostly manipulation and not pure natural growth.