Post
Topic
Board Speculation
Merits 7 from 2 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Biodom
on 19/11/2023, 22:59:55 UTC
⭐ Merited by El duderino_ (5) ,LFC_Bitcoin (2)
In 52 days a Bitcoin Spot ETF will be approved.
In 151 days the block reward will be cut in half.
In 2024 we will see the return of quantitative easing.
In 2025 we will see the mother of all Bitcoin bubbles.

Are you ready?

In 40 days Bitcoin Spot ETF will be approved and guess what we will see Bitcoin at $50k even if it doesn't gets approved.
In 140 days the block reward will be cut into half and we will see Bitcoin price over $60k or a new ATH that's going to be higher then the previous ATH.
In 2024 Bitcoin will reach over $90k by December.
In 2025 we will se Bitcoin going over $120k and we will see a new ATH in that year.
In 2026-2027 we will see another bear market which may help accumulators to accumulate more Bitcoin.
In 2028 A Bitcoin will be worth more than $300k
In 2029-2030 a Bitcoin will be over $700k or maybe at $1M.
In 2031 most of us would be enjoy the best moments of our lives by selling some of our holdings.

2031 sounds a bit late for me. Generally speaking, it is possible that a some point bitcoin basically plateaus (at much higher levels) and would be going and down just 20-30% a year.
What I m talking about: I cannot imagine bitcoin going at a 45 degree angle for a decade, but it is possible that bitcoin will very rapidly change it's "state" from a 0.5 tril asset to a 10-20 tril asset (20-40X) and stay there for a long time. This transition could be relatively fast-for example, this cycle and the next one, finished by late 2028, early 2029.