Post
Topic
Board Bitcoin Discussion
Re: Could 17.5k BTC actually be 13-14k pre-inflation?
by
LegendaryK
on 22/11/2022, 01:36:49 UTC
So i'm basically just thinking out loud but with inflation going rampant and last 2 years everything went up at least 20% in price and value do you think that 17.5k
(which could be a bottom in current bear cycle) BTC could actually be 13-14K preinflation and 17.5k as of now a bottom adjusted for inflation?

Nope,
BTC is in the actual mid $15K today,
maybe $10 next week,
and $5k the week after.

Energy costs and lack of venture capital is going to put a hurting on BTC price verse fiat in 2023.