Post
Topic
Board Speculation
Re: Next bull run predictions
by
Canis Majoris
on 15/04/2018, 21:09:18 UTC
My prediction:

$20k+     -> $70k
Dec 2018 -> Aug 2019

We should first break out of 10k before ever talking about reaching figures like $70k by August, 2019, or whenever. Such long-term predictions are mostly meaningless as they look more like wishful thinking and day dreaming without any evidence or logic supporting them. Right now we will certainly see huge resistance at 10k-12k levels, and it will be a really tough milestone on our way back to the moon.

I don't see why. Why can't we talk about the next bull run? No reason to keep our predictions to just what is going to happen in the next few months. Where's the fun in that?? It's not day dreaming, was the rise from 1 cent to $20k was also a day dream? Nope that's history now. My question specifically asks about the next bull run, $10k-$12k has nothing to do with that.

I expected that you would say exactly that. The Mt. Gox debacle is also history now. The price had gone down more than 5 times back in the day, so why not talk about that as well? And let's hope it is actually history by now. Other than that, I for one don't see much sense in so wild speculations. If it gives you some comfort, then more power to you, of course, but don't forget that before we reach 70k tomorrow or even 70M in a couple years for that matter, we still should break plenty of resistance which sits at or around some measly 10k right now.