Re: Willy Woo Reclaims “Bitcoin Will Surely Strike $1 Trillion Market Cap by the Sta
it's one of the most conservative bitcoin bull predictions i've seen. 5.5 years away and he's only expecting price to rise 4-5x from here. if we make a new ATH within the next year, i'd be surprised if we didn't reach $1 trillion market cap by the end of 2020.
more like wrong than "conservative". a conservative prediction is saying it will reach $50k after halving in the year 2020, and it is conservative because it is a small rise above the previous ATH rather than a big one like we have so far seed happen after the block reward halvings. even if we follow half the previous trend the price should still be a lot higher than that.
never say never.
i think it'll easily go beyond $50k in the next bubble---probably in the next year or so. but admittedly our single decade of price data (and two past block halvings) is a very small data set. past performance doesn't guarantee future returns and all that. i won't call it wrong until a few more years have passed and this is all hindsight. until then we're all just practicing our crystal ball reading skills.