Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by JayJuanGee (1)
For what it’s worth, I think we’ll go under $30,000 at some point in the next 12 months. We won’t go sub $20,000 though. $100,000 & much higher is a guarantee in 2024/25 after the next halving. Be smart, if you panic then you’re looking at too low a time preference. $100,000 & beyond in under 3 years, any kind of significant dip now is a gift.
Very, very unlikely. With all the corporate guys onboard, billionaires, Russian oligarchs etc etc... I doubt we're getting any lower than ~$40k. Most probably we have already seen the bottom (@ $38-39k) and resuming UP now. All in all, I'm very skeptical about the "classic" 4 year cycles.
