Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Biodom
on 28/02/2024, 16:24:50 UTC
⭐ Merited by Paashaas (1)
It's going up to fast..

A left-translated cycle according to Bob Loukas? This scenario seems the most likely now.
It also feels like 1998-early 1999 with relation to the internet stocks.
That "bubble" (or what was considered then to be a "bubble', but mostly wasn't) peaked at 7-8 tril.

Considering inflation, we might peak for the whole "complex" at 10-12 tril with bitcoin being at least 60%, maybe even 70%, so, say, 6-8 tril for bitcoin or 300-400K/btc (250-300K if btc stays around 50% "dominance").