What are peoples thoughts and expectations on the next ATH. Obviously impossible to predict I'm just curious to hear what others expect. Some have made the point that the trough to peak has reduced 20%-30% although there could be other factors this time round that push the price higher
I'll give a ball park number of around $70k
Will the economic fallout from covid create a perfect storm?
I wouldn't say it is a perfect storm, but investors are looking for something to put their wealth in this pandemic, so perhaps bitcoin might be a good case for them.
Will more adoption be significant
Institutional interest
Definitely, there's some correlation between if we wanted to see ATH in the future, more money coming from institutions to flow into the ecosystem.