Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

I don't know if they were daydreaming. Of course, BTC can potentially go $250K or more in the future. That doesn't mean it will Boom in a few months. LOL.

Eventually, sure. And probably sooner than most would think. We're in the doldrums for at least another year though, I think. Healing is needed, bad memories need to fade, confidence needs to return.

Nothing is going to happen before the next halving which is scheduled for May-June 2024.
Do not have any false hopes like those Crypto guys on Twitter.

Nah, I think we will stay around 20 000 to 30 000 ish, maybe with a shortlived drop to 17 000 to 15 000 until winter/christmas, and then a slow rise for the coming two years wit the obligatory skittish jumping around the halving. and then comes the next top of course.