Post
Topic
Board Speculation
Re: Are we makeing up time for the lost years between 2013 and now or pump & D
by
Denker
on 01/05/2017, 08:26:32 UTC
I kinda feel on a weekly time frame, we are pumping a bit hard, but on a macro scale BTC seems to go above critical amounts such over 1 c, 1$, 100$, 1K, etc.

Are we catching up for the lost years, eg due for a 5 ~10K pump then fall back to 3K or something?



No I can not see us pumping BTC that much. Just to reach $3000 we would need another $23 billion moving into BTC right now.
To reach your numbers of $10k for instance there is much more money needed, probably by institutional investors. With an ETF this might be possible. But without I can not see this happening after halving in 2020.