That price is too steep, though it might happen but not on 2020, BTC value don't go high overnight if we will take a look back on after every halving. Even there's course it drops few days after the halving though not quite low. We should expect price will surge or might even decline 6-9 months after the halving.
But hoping it will not disappoint the community
But hoping it will not disappoint the community
55k is definitely not too high if you look at the history of Bitcoin. Even 100k is not too high.
In 2017 we went from 900 to 20k in a year. When we broke previous ATH we went times 20! Breaking 20k would take us to 200k if it happens again. I know we can't compare because it takes a lot more money to reach those levels but when we were below 1 k people were talking about the 2013 bull market and saying the same thing that we went from 300 to 1000 in a month but a 3x rise from ATH won't happen because it's a lot of money. Do you even remember today what people were saying when we were going through 3k? No? I don't remember it too because it was so fast.