Is it me or there's been a lot of bullish predictions lately? I wonder if it has to do with the current (small) uptrend that started about a week ago.
And it seems like this CEO isn't taking any risks making his predictions, I think it's pretty obvious that the price will surge next year since it can't just stay in this stagnation phase forever. Also, I think we're gonna need the adoption to kick in if we want to see 20k again, I believe institutional money won't be enough to push the price up to those levels, we're gonna capital, dumb money, from the general public to reach those peaks again.
Bitcoin has to take out $6,800, and after that we could end the year at $8,800-9,000, he said.
IMO even if we hit 6.8k or even 7k, it'll still be difficult to see 9k without having a proper catalyst that can trigger such a massive increase. Perhaps if the bulls decide it is time for another btc rally, there could be some upward movement that causes a bit of FOMO pushing the price up, but still...9k doesn't look like a real target at the end of years, at least in my opinion.