2017 was when retail users adopted Bitcoin. Institutions are governments were against it. Bitcoin moved from $1K to $20K
2020/21 is when institutions are adopting Bitcoin. If 10% of cash held by Fortune 500 gets converted to BTC, it's price will be $300K.
And in the next cycle, in 2024/25, governments will realize the importance of Bitcoin. Central bank reserves will have bitcoins in it. This is when we will hit $1M.
If that's true, let see what the future will bring with bitcoin and what I see most speculations that has imposible sense are now turning to be reality. That's why we need not to limit our thinking, because possible things are yet to exist through power of minds. On my own perceptions, whales also listened to several ideas from different forum and they'll able to jive with those several trends and making money out of it.2020/21 is when institutions are adopting Bitcoin. If 10% of cash held by Fortune 500 gets converted to BTC, it's price will be $300K.
And in the next cycle, in 2024/25, governments will realize the importance of Bitcoin. Central bank reserves will have bitcoins in it. This is when we will hit $1M.