Quote from: justdimin on July 29, 2022, 10:20:42 PM

Quote from: Eternad on July 29, 2022, 08:41:41 AM

You’re prediction of 185K is fair and probably most of the member here will agree base on the recent price behavior of Bitcoin on previous cycle. The previous ATH before 69K is around 20K so bu doing an estimate growth, the multiplier of growth we looking for is more or less x3.5 of the ATH which means the next psychological target for new ATH will be above 100K and 200K mark. Price prediction above that range is already insane and not logical at all but who knows? We are all lunatics Bitcoin believer when we dream Bitcoin price will go above 20K when the price is less than a grand. Cheesy

100k is a common prediction ever since so why not 185k? Once we are now at those levels, 200k or more is now going to be easier to achieve and will now be the new target by the people. Price prediction above
200k like for example 300 to 400k is still realistic in my opinion. In case you didn't know, we have a thread here last time which shows the price predictions of those so called experts.

If only you saw that you will say that those are the ones who are insane because some of their predictions can range to 500k up to 1 million u.s dollars. I didn't know if what are their basis on why they can say that because there are no extra information.

Here's some food for thought... the approx ATLs eyeballed from the chart
2013 $x0
2015 $x00
2018 $x000
2022 $x0000 (17.5k)

So 2025 should have an ATL of $100k+
2030 should go $1M if this holds...

Now think of the ATHs. I still think the $69k was way too low because of the bad macro economic effects. The next 2 years could also be retracted years.