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The analysis carried out is also enough to make something out of the ordinary for bitcoin, because usually after renewing ATH there will be a long correction of bitcoin. so the possibility that there will be an increase for the next 2 years is very small but for the next 4 years it will certainly happen because it is the halving period.
but I'm still optimistic that the increase at the end of this year will be possible if we look at the habits that have been carried out so far by bitcoin and we will patiently wait for it.
It is a possibility that we might reach hundred thousand by the end of this year or by the end of this bull run. I am not expecting the market to be bullish for the next one year let alone the next two years, expect a major correction in the next few months and that is my expectation and i understand majority of the stakes are held by institutional investors, so lets see how it goes.
Let us delay the end of bull run then for next year. Maybe the best price at the end of the year might not be 6 digits anymore as we have a difficult time reaching $70k now. So I will pegged a conservative estimates of at least $85k and then we will see how it goes.
Such difficult ascend to $100k, if we are going to be in that price this December, but now the price should be around $70k at least, but the price keeps on fluctuating hard this first week of November as compare to last month wherein we are surging by this time.