Quote from: EarnOnVictor on May 07, 2024, 11:15:04 AM

Quote from: Ascended_Intellect on March 23, 2024, 02:38:07 PM

Hello Everyone,

I'll keep this short.

BTC 2030, what is your educated opinion on the state of BTC come the end of the decade?

Thanks for this question, after all, we are all speculating and the opinion of people at times counts whether it is in agreement with ours or not. For me, I believe that Bitcoin is still very young and we should continue to take a look at its behaviour for the time being. It has started showing some unexpected movements/behaviours now by hitting its former ATH again which has never happened before and we do not know the extent to which that might delay the rising of the coin this season that people expect halving to help it grow further. Also, what happens between now and next year will determine what will happen afterwards to know whether or not it will break the tradition that people have already known Bitcoin for.

Also, my concern goes to the lack of liquidity to push the asset higher. Though many are not looking towards that angle and many will attack others for it, but the truth be told all the time. Bitcoin needs more investors who are ready to push it to the next important level of $100,000 which is also a psychological level. But if it is unable to hit the level of the bullish season but slips to a long-term bearish mode afterwards, then I can't have such a serious bullish on Bitcoin in 2030, it might hold below $100,000 by then in that sense. But if it does otherwise and breaches above $100,000 this bullish season even if it later slips below it during the bearish season, then in 2030, I will not be surprising to see Bitcoin between $100,000 and $135,000.

We cant even predict on whats tomorrows price, what more on 2030?