Post
Topic
Board Speculation
Re: WHAT EVENT DO YOU THINK WILL USHER BTC INTO THE NEXT BULLRUN?
by
Yaunfitda
on 17/06/2022, 21:17:09 UTC
There are many prediction models that predict the price of bitcoin. One of the famous models is the Plan B stock-to-flow model. It is predicted that BTC would reach $100k before the end of the year.

Here is what I want to know the view of the community about.

1. Do you think such prediction models are realistic?

2. What major event do you think will usher BTC and the entire industry into the next bullrun?

3. Do you think Microstragy purchasing large units of btc will influence the price?

Some are of the opinion that sovereign funds and institutions will buy at discount. Well, what do you think?
Only one, bitcoin halving (as what others have pointed out).

True, maybe Saylor announcing that he will purchase large units of bitcoin might bring more investors. But it will not be enough as compare to the halving every 4 years as this is where the cycle starts for the next bull run. It might not be a quick effect and it might take months after the activity. But once it took off, it's really hard to stop the bulls and maybe that $100k that we all wanted to see will be in fruition come 2024-2025.