I sometimes think that bitcoin and crypto market are now matured and we may not see extended bull or bear runs. Bitcoin will reach a hunderd thousand dollars or more but it won't be a parabolic move. What are your thoughts on this ?
Bitcoin will definitely exceed $100k but it won't be a parabolic move it might even taker longer to get there and this where they hodlers play a role to make this achievable. Once the demand exceeds supply there will always be room for inflation just like the Russian and Ukraine adoption lately caused a spike in price. Crypto also obey the laws of economics
nothing is impossible bitcoin reaches $100k, but not in the current state, considering the world chaos is not in a normal state for bitcoin, although this doesn't specifically affect bitcoin, if demand exceeds supply, bitcoin will strengthen at a higher price , because there is no balance, the law of economics shows, that every increase in demand, then the strengthening of prices tends to follow greater
For me $100k is doable, but not in the current cycle, we will have to wait for the next bull run to occurs. For sure there is a demand and it will continue around the world. But as you have said, the world is in chaos and in war, nevertheless, let's just be positive that bitcoin can recover and move upward to 6 digits in the next coming years. And that the war will be over soon and we are going back to the normal state of investing not just in crypto market but for the rest of the financial instrument.