Post
Topic
Board Speculation
Re: Are we headed for 250k btc in 12-18 months?
by
7788bitcoin
on 21/07/2020, 20:39:05 UTC
But the difference between me and OP for example is that I believe 15-20k is a realistic place that we can reach so that is what I am focusing on, 12-13 is even more realistic and I will sell mine when it reaches there, on the other hand OP considers 250k is possible and that is why he might get more upset even while people are earning.
That is a fair assessment, the issue with all these huge valuation is that some are anticipating a rally before settling back to $15k to $20k and with the present economic situation it is not a realistic possibility that we would see a huge rally like we used to see in the past two halving and it all depends upon how strong the economic sector could hold all the debts accumulated during this pandemic.