Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
bitserve
on 02/01/2020, 21:12:55 UTC
⭐ Merited by JayJuanGee (1)

In 2021 for sure, I’m not certain of that in 2020 but would love to be wrong.

My feeling as well ... the increase in 2020 is probably modest, but I expect / hope that we reach a new ATH in 2021 or 2022.

Main reason; the cycles are getting more spread out, and the halving is probably more anticipated now than the last time (more energy efficient miners, and so on). So I don't expect any fireworks starting before Q3 / Q4 2020.

I'd love to be wrong as well though, of course!

It would be very nice to hit anywhere between 10-14K in 2020, with the first number being more likely, IMHO.

I think we’ll close 2020 somewhere between 12k - 14k.

I pulled that straight outta my ass though (not investment advice).

That would be more than fine to me. Even if just consistently over $10K would do.

In fact I would prefer some 2x every year than an unsustainable bubble pump like every other time. That way I wouldn't feel the need to sell too much in preparation for the subsequent dump.

Still 2x every year, even if conservative in comparison to previous years rise, is a bit too much of a dream at this moment. And also if Bitcoin were to make a 2x for two consecutive years, it would be unavoidable to experience some FOMO that would propel it even way higher.

Bleh, Bitcoin doesn't care what we do think or want anyways. Let's just hope for the best but be prepared for the worst. Or just don't expect anything and just let it be, which is what I try to do.