Re: Are we headed for 250k btc in 12-18 months?

Quote from: exstasie on July 14, 2020, 10:02:03 AM

Quote from: DoubleEdgeEX on July 13, 2020, 05:49:08 AM

It´s just as legit as question "BTC mooning to 1M USD in the next weeks?" like some clickbait folks do on youtube.

Not exactly. 12-18 months is plenty of time for a rally like 2016-2017 to develop. $250K is completely within the realm of normal when it comes to BTC bubbles too. I think aiming for $300-$400K would be reasonable too based on extrapolations of past moves.

This (speculative) triangle idea is still valid:

Quote from: exstasie on May 11, 2020, 11:25:34 PM

That's one route to 6-figure valuations by late 2021 or early 2022. Bitcoin loves to make powerful Wave 5 blow off tops!

The best explanation is a chart with detailed of the past performances I like to think that Bitcoin is coming or heading to $250 k I don;t like to be negative on it because we have seen in the past how Bitcoin explode it's price in just a short of time, and it's possible that it will happen again and I believe it will.