Post
Topic
Board Speculation
Re: BTC 340k USD Q1 2022
by
wxa7115
on 28/12/2020, 23:22:48 UTC
I think this will be the top. Whats your speculation?
I am very bullish regarding the price of bitcoin for the next year but even I do not think that is going to happen that soon,  you are asking for a 12x growth in just a matter of 3 months and while I cannot say it is impossible do you actually realize the kind of paradigm change that we will need for that to happen?

We will need that a great deal of institutional investors come to this market and openly buy all the bitcoin they can find and we will need as well that a great deal of the population sees this and decide they do not want to miss out on this huge bull run, and even if such an scenario were to happen I do not want to imagine the size of the crash that it will follow and how much this will damage the reputation of bitcoin and cryptocurrencies in general.