I have my doubts about getting stuck in this particular zone for much longer because this price floating around $10k feels a bit uncomfortable (or is the word unsustainable?).. [...]
I know bitcoin likely does not give too many shit about these various macro-factors, but in the short term, seems difficult to sustain any kind of flatness, even if we never know for sure regarding how long are we going to be here in the $10k range.... in bitcoinlandia.
Ill be a contrarian here. Partly to play devils advocate and pick your brain; this is a mere hypothesis:
...
I also think that too-rapid increases driven by pure speculation are
not good. That is the definition of a bubble.
I do not want another NovemberDecember 2017 scenario. I am not watching the ticker and asking, When moon? I want to see a new ATH driven by increased adoption and usage as moneynot by FOMO, irrational exuberance, etc. ...
I think the huge hype and price bubbles help to drive awareness and adoption. I greatly enjoy the euphoria that comes with it too! Not so much the back side of the peaks, but that is a lot easier to bear after a few rounds. There is actual data to research on past cycles now, for those that choose to dyor.
The question is, does it follow the usual pattern, or will this time be more influenced by the greater economy?