Looking at trends 2 or more years, Bitcoin appears to be headed for $70,000 over the next 3 years though it appears heavily bullish right now. Are there people with charts/trends etc taking us to the $70,000 level over the next 3 years?
Bitcoin's price always had ups and downs. While 70000$ is possible in 3 years, I don't think it'll happen. Not this quick.
There will be some downs which will make the 70000$ quotation get much later, maybe 8-10+ years.
Bitcoin had a wonderful year, but this doesn't mean the next years will be this good.
You know, hope for the best, but prepare for the worse. Even a fall back to 4000$ would not be so unexpected after the jumps we had. And then the discussion about 70000$ in 3 years time would be.. interesting...