As Bitcoin possibly gears up to try to hit $100k in the next year, and far higher prices seem an almost certainty in the future, I want to know when you think Bitcoin will hit $500k, $1 million and $2 million?
Why do you see the ceiling at $100K for the current cycle?
I'm not convinced that prices are limited to the trend set from 2010-present. All trends eventually end. But instead of price falling below the long term logarithmic channel, I believe the trend could accelerate exponentially above it instead, during a mass adoption phase. I think valuations like $500K or $1M are possible in the next bubble cycle......2021, 2022.