"In 2015, when I bought my first btc at $400, people said bitcoin was dead.
In 2019, when btc was $4000, I wrote the S2F article, calling for $55k btc. People said I was crazy.
Today, btc is $40k, and S2F model predicts $532k after 2024 halving. People say it is impossible."
https://twitter.com/100trillionUSD/status/1743944875819552899__
When I see posts like this, I understand that it’s time to sell Bitcoin. Otherwise, I don’t understand who will pay for this holiday of generosity.
Basically, predictions cannot be guaranteed to be correct or not when or looking at the accuracy of each prediction has things that cannot be calculated by logic, so someone will consider things that are wildly logical to be considered impossible, as is the case with bitcoin when the price you mentioned, even people who exchange bitcoin for two pizza loya do not have the thought that bitcoin will be this wide in scope.
I myself think the price to $250k is very heavy, but after seeing that bitcoin ETFs that are in big financial markets and can say that they will introduce bitcoin to a wider public it is likely that it will be achieved, but yes we can today hope and think more realistically, at $532k I will definitely sell some, but we will see what is the highest price that bitcoin can touch in this cycle.