Hi,
I was interested to know what you think Bitcoin will peak at this year and what you think the price will be at the end of each year up until 2025
Here's what I think could be a fair estimate:
2021 peak: $95,000
EOY 2021: $65,000
EOY 2022: $100,000
EOY 2023: $150,000
EOY 2024: $300,000
EOY 2025: $500,000
I don’t speculate that much with Bitcoin, I’m just prepared to buy every dip price, and hold some until it reaches my target price. I usually don’t set-up a peak price since I don’t want to disappoint myself if bitcoin fails me to make money.
Well, we can’t go up for the whole year in the next five years, this is not possible to happen and there’s no history of this one since we always have corrections along the way. I’ll just leave my price prediction at the end of 2025, I think this will be around $150k.
How long can a bull run?
A btc bull has never ran for 3 or 4 years in a row.
However Wall Street had a 10 plus year bull run which was broken in March of 2020
The longest-running bull market in history celebrated its 10-year anniversary on Sat., March 9, 2019. It all started from the post-crisis low of March 9, 2009. The S&P 500's (SPX) closing price on that fateful day in early 2009 was precisely 676.53.Oct 16, 2019
So the real question is will
BTC escape its 4 year cycle with this bull run?
My answer is how the fuck do I know? But I hope it does do it.
op has btc escaping the short 4 year cycle it has been penned into.
I could agree or hope he is correct.
The key is mining gear production and how long will It be held back due to world wide chip shortages.
I would love to see the run reach Jan next yer and then continue on all of 2022.