Post
Topic
Board Speculation
Re: BTC 340k USD Q1 2022
by
exstasie
on 29/12/2020, 07:39:47 UTC
I think this will be the top. Whats your speculation?

Good target. I'm loosely thinking $300-400K myself (will hopefully be able to add some more precision to that during the blow-off phase), based on a few extrapolations of past bubbles.

Very unpredictable though. Past performance doesn't guarantee future results and all that.

I'm also concerned that a future cycle (possibly this one) will blow all the past cycles, even 2011, out of the water. That's the S-curve scenario, the idea being that we are entering the vertical stage of the adoption curve.

This is one reason why I definitely won't be selling everything even if we get to the $300,000s. For all I know, this thing could run into 7 figures and then bottom out at $500K. You never know.