In some sense, extended downward scenarios for the BTC price relative to the 200-WMA seem more likely and sustainable as compared to extended upside scenarios, such as if we were to try to get to 1,400% again. Yet even 300% to 400% from today's 200-WMA would merely be prices of $155k to $207k, which surely seem within reach even if yeah the 200-WMA is currently going up right around $40 per day, so it is not like we would shoot up to get within that range in a day or two, it might take a few days or even a few weeks.
The lower number of 300% is surely bettable, yet I also don't see any reason to remove 1,400% from the tool, even though you might want to consider that the tool should be more granular and therefore more realistic in terms of numbers that you believe can get hit, such as less than 300%.. hahahahaha.. There is hardly any interesting action needing to be contemplated based on price if we might be considering ONLY such low levels of exuberance in bitcoin's price future. Sure the tool can still be helpful in terms of just attempting to figure out ways to value our portfolios and then to potentially draw upon our holdings based on such valuations of our BTC holdings.
Indeed, 150k (300%) is possible this year, but I really doubt about 400%.
1400% is completely off table imo (700k this year). The time of those scenarios has passed; bitcoin is not so small anymore...
I can only see a 1400% above 200WMA scenario if there was a kind of apocalypse, where US economy is destroyed or something like that, and the btc price spike would probably be more caused by USD downward movement than to a bitcoin upward movement. Probably BTC/EUR pair would remain at a much more stable price. All speculation....
Anyway, just holding bitcoin forever won't make me happy. Spending money is important. I recently read Die With Zero, which has nice ideas about how to spend money in your life.
This is also one reason for our tool to exist. And for today, it is recommending taking off 5 months in advance, in addition to the current month withdrawal.
