⭐ Merited by JayJuanGee (1)
Stablexcoin's prediction reframed into comprehensiveness
Below $500k - 1% or less
Low-end prediction: $500k - $800k - 69%
High end: $1M - $2M - 29%
Greater than $2 million - 1% or less
You can tweak these numbers if you like.. but at least the categories are not logically fallacious if you at least account for all of the possibilities, which your earlier example did not and your earlier example likely assigned too high of values to your two price range possibilities, even though surely you are free to believe whatever you like, even if you are living in a fantasy with your failure/refusal to acknowledge all possibilities.
I believe that such predictions like this are more realistic and thank you for modifying my predictions. However, no one knows the closest outcomes as time and time again will pass, when new people will begin to adopt Bitcoin. This will bring about an increase in demand leading to an increase in the price. And then the next bull run will go higher than the previous ATH. We can only assume that due to growing adoption and the decrease of supply due to the halving of the price new ATH will break. Below $500k - 1% or less
Low-end prediction: $500k - $800k - 69%
High end: $1M - $2M - 29%
Greater than $2 million - 1% or less
You can tweak these numbers if you like.. but at least the categories are not logically fallacious if you at least account for all of the possibilities, which your earlier example did not and your earlier example likely assigned too high of values to your two price range possibilities, even though surely you are free to believe whatever you like, even if you are living in a fantasy with your failure/refusal to acknowledge all possibilities.
Jay, do you know that there are a lot of people who believe such a price prediction could happen? (above 100k by 2024 and 1M before 2030) . Lots were expecting $100k by the end of the year. Anyway, that's enough price talk. Let's keep the conversation on how we can buy more and hold long-term. There will be much more upside for much less risk. Of course, the price will be higher or lower for years to come. Either way, bitcoin will do what it is known to do the best which is to outperform the market.
I feel like am a time traveler, very optimistic about Bitcoin.
70k pre-halving 2024
85k - 100k after 2024 halving
Maybe a new cycle bear around 45k low and 250kk at the top in 10 10-year journey.