I have read many articles exaggerating bitcoin price prediction's from both those who claim to be professionals and diverse bitcoin enthusiasts which I felt the necessity within to drop this piece figuratively.
Such articles appear and these experts become animated as soon as a bullish trend looms on the horizon. This is white noise.
We are expecting too much from bitcoin in just a short time of about 13years since it's creation. By logic bitcoin is just a teenager who has not yet attained the status of adulthood like the forex market for example, yet it has penetrate and saturate the financial market (global economy) becoming the talk of the town in the internet like it has been here 50 years ago.
The cryptomarket (bitcoin) is still very young, it's true, but it's expanding and getting stronger every year.
The high expectations should be moderated so we can be able to appreciate the milestone growth bitcoin price has made. Commensurable with its age bitcoin price is doing great and only those who are not highly expectant setting their price scale at a great distance of 100k, 150k, 200k will care to appreciate the feat, some even predict as high as $1M in the next bull run and when the price doesn't go even close as expected they complain that the performance of bitcoin has been poor.
Inflated expectations spoil the impression of the current increase in the bitcoin price, which, by the way, over these 15 years has demonstrated colossal growth that no other financial asset can show. You are right, when bitcoin fans shout that btc will soon reach the $100k (this value is quite likely), $150k, $200k or even $1M mark, this only harms smooth and gradual progress. Bitcoin's performance is very good, but these pseudo-forecasts create the illusion that growth is not significant. Investors need to soberly assess the situation and not blindly believe such premature forecasts.
And this can be so discouraging for investors that planned on long term hodling with such a high expectancy. Learn to treat bitcoin like a teenager that's just coming up and still has its future ahead of it and stop the unequal comparison with other financial instruments like gold that have been around for decades.
Gold has been a financial instrument not for decades, but for centuries, if not more.