Of course new ATH is not guaranteed, but surely seems quite possible and probable and something that we could invest into bitcoin because we consider bitcoin to be an asymmetric bet to the upside.
Another thing is that $170k by November seems to be pushing it, and that would ONLY be a 3 year cycle from the previous ATH.
Sure $170k is possible for his year and also $500k or more is possible for 2025, yet none of these are guaranteed, but any of us who are buying bitcoin now should try to figure out if we are doing enough in our current BTC buying efforts, and also to have some plans regarding how we might deal with a variety of possible scenarios which include at least the following in the next 1-2 years
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5) BTC prices go up to somewhere between $200k and $500k
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$200k and $500k is a very serious range for everyone to cross at some point, many have been investing for a long time and are now waiting for that time. Actually we don't really see good predictions for Bitcoin, we see some reasonable discussion but we end up in ambivalence. Because there is a doubt that we are not getting the correct data on the site, on the other hand, those who know and work about Bitcoin for a long time, sometimes cannot make the right guess.
The main problem here is that everyone thinks in the short term, making it difficult to make the right decision. I agree with you that we should plan for the long term.