Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
PokestarFan
on 18/06/2022, 00:25:11 UTC
Adam Back still sees 100k possible by eoy
https://twitter.com/adam3us/status/1537532815478243329?t=U4wAtpfr4aRfvBXZxu0NJg&s=19


5x not impossible in half a year, but sounds quite extreme... however we all know, this is Bitcoin and extreme it is...

I hate to break it to him but bitcoin only went up as high as it did due to record-low interest rates and a fuck ton of pandemic money hitting investors. It's delusional expecting this to happen with a looming recession and some nasty inflation in a lot of countries.