Hydro power does not get turned off during rainy season.
They cant turn off the rain and the dam only holds so much water. Hydro power often leads to a nice price situation for users nearby, with power in resistance over great distances its preferable to use it nearby if possible.
2k-3k is the floor.
there is a real reason for those numbers.
I generally agree with that but anything is possible. Theres a larger picture out there involving global currency and hot money flows, its very complex situation resulting from long term government interference in FIAT and debt markets and Bitcoin is part of that as its a viable global means of exchange and transaction even. The really big bears of BTC tend to ignore or disbelieve it has a genuine usage across the world, as we sit in 1st world nations with multiple easy options open to us we assume its as simple for everyone when billions are without reliable banking systems and modern technology brings genuine changes to their economies I think
BTC is not likely to ever be 100 because dollar is so weakened. If you believe 15% interest rates are possible and know the history of their previous occurrence and then maybe you are considering it fully