Post
Topic
Board Speculation
Re: What can we expect from this statement of Michal Slayer..
by
goaldigger
on 23/09/2022, 21:47:54 UTC
https://news.yahoo.com/bitcoin-could-return-68-000-135232771.html

Recently i came across this post Michael Saylor says Bitcoin could return to $68,000 within 4 years and hit $500,000 in the next decade..

The time line of 4 years seems very long... What's your opinion regarding this statement
4 years is not that long, and this is the usual scenario every time we hit the bear market.
This can be the safest speculation because it’s hard to know if the economy of many countries will start to recover in the next three years, we are still experiencing the problem from pandemic especially on printing too much money and with the limited supply. Bitcoin can reach new peak though in less that 4 years, once there’s a big news in the market probably it can be hit easily but if we didn’t saw improvements, then we might wait longer for that new peak.