Post
Topic
Board Bitcoin Discussion
Re: Bloomberg predicting BTC reaching $400K in 2021
by
Poker Player
on 09/04/2021, 10:31:49 UTC
This demonstrates how public opinion is generally improving.
No, this only shows that yet again the media is printing anything that could get people to go to their website and read it, aka click-baits. And since we are in a bull market printing articles about how price is going to be [blank] where [blank] is any arbitrary high number is getting the most attention. They do the exact opposite in bear market!

Yes, lol! The media make a living out of causing emotions in people. I believe a $100k to $200k prediction in this cycle falls within the average of those I have seen. It will be that the mainstream media has not yet caught wind of the supercycle theory, which predicts a $1M top for this cycle with hardly any falling into a bear market.