I know we are likely to drop further in the first few months of 2023 but I am curious to know how high we all feel Bitcoin can reach later in the year before 2024?
In 2016 to 2017, Bitcoin price was around ±$1700, hence the 2018 bullrun of ±$17k Bitcoin price. If the Bitcoin price before the 2021 bull run was ±$6k, then the 2021 bull run Bitcoin price could reach ±$60k, this is 10x the previous price. If in 2022 to early 2023 the Bitcoin price closes at ±$10k to ±$ 15k, then the 2024 bullrun or the next bullrun can reach a price of $ ±100k to ±$150k.
The price I mentioned is not 100% real, but only an adjustment. You can see in cmc history in every bull run and before the bull run.