Quote from: $weetne$$ on Today at 09:01:53 PM

Quote from: BrewMaster on November 12, 2024, 02:54:38 AM

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Yes but not in this bull market as that price looks unlikely to happen but maybe in the next 2 bull market in the future then we can expect to see the price of Bitcoin at that price. I think that a time will come that the price of one Bitcoin can be trading at $500,000 to. $1 million. The market is cooling off right now and soon the momentum will continue and taking us pass $100,000. The market is different this time because it might not look like how the old market use to behave because of institutional investors and the money that will be coming into the market with. There is alot of money right now therefore the market is waiting for another positive news before the price starts to climb back up to more than $100,000.

Each cycle does not have to be exactly the same - but every investor will likely always expect the same cycle to repeat itself in the future. In the next 10 years - bitcoin could find its price at $1m, but I also agree with you and this is very difficult to achieve during the bullish season of this period.

If bitcoin was always predictable - then maybe many rich people would get richer by investing in bitcoin between these two cycles. However, in reality it is unpredictable so each of them will still have doubts even though in the end they still get returns when they invest.