"According to Bloomberg, Bitcoin is replacing gold “more abruptly” than anticipated. Quotes a price potential of $400,000 in 2021."
Only in December did Bloomberg declare bitcoin to be in a huge bubble.
Well, I admit that Bloomberg has always made major predictions along the long haul of bitcoin. Lol. I am very excited about this but it looks like 150k $ will be the first destination to break for this wonderful excursion. It's good that the best is in bitcoin's favor. The time we hope and look forward to is approaching.
But that will not happen fast as bitcoin needs to break every higher price from now on. Bitcoin price still below $70k and it still needs more time to break the next high price. Maybe $100k will be a break on this year but no one knows about that. We still have more than 5 months this year to have a chance for bitcoin to start another rally. So you do not have to worry and do not think that bitcoin is a huge bubble. We will see how high bitcoin price will increase later.