Any price could happen is a mathematical possibility, but what people who say this don't usually understand is that we're more likely to go to zero than to any big imagined number that we haven't achieved yet. I know 15k is as possible as 50k but in THIS market, 15k has to be more likely yes?
Right now? Yes, $15k seems more likely than $50k, in my opinion. I don't even know why there are the $50k numbers. At least, if all the good news and some luck, we could bound back to the $30k range maybe. But since we are talking about what was behind the market, trader and investor expectation, strong selling seem like the overall trend in the market.
It's my opinion but in this case I don't think opinion is as strong as fact. The fact is, we are just above 20k now, so to drop to 15k, we need only a 25% value loss. To reach 50k, we would need 250% value gain. And in this economy?
It's fine to be optimistic and I'm definitely optimistic long term but we can't sacrifice our vision and choose to ignore what's right in front of us. Ignoring that puts us in a worse position later.