My prediction was intended to be below all other predictions so to be the catch all of bearish predictions.

I continue to believe there is a ridiculous amount of excess in financial markets, which is being caused by QE. Similarly, I believe that QE is causing inflation and is going to cause increased levels of inflation. This will ultimately mean that QE will need to stop and short term interest rates will need to increase. Both of the above will cause an unwinding of speculative bets in assets that includes bitcoin. This will make current levels of many asset classes to look like beyond the moon.

This does not speak to the long term potential for the price of bitcoin, but rather the price over the next several months.

It is possible that the fed allows inflation to get out of control, which would mean the above will be more pronounced, but will take longer.