100K is on table and this is just update for the long term perspective to get some more attention for the long term calls and explain that long term investing is profitable and less tressfull then daily or more overally active trading + you save your time for important things instead of sticking your face to monitors.
What do you think ? Can Bitcoin reach 500K within 2 years ?
*Interesting fact approx. 3M of Total 21M Bitcoin is allready lost forever.
BTC = Scarce = store of value = supply drain & demand increase
ChaChain ------------- Disclaimer: I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
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I really like this chart which made one of my followers and posted it to me after seeing this 500K call. I really like his way more simple visualisation of literally same prediction as mine of 500K
Thanks for sharing. Hope this works out. In the meantime, trading on shorter timeframes. Shared a short from 35K yesterday and now looking for the next opportunity and will share live if i enter a trade:
shimmeringpath
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I don't know , that could take til the next bullrun in 2025
Anoinvest
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@shimmeringpath, time is somehow irrelevant for me as mostly a long term possition holder + short/mid term trader but its clear that Bitcoin will reach 1Million one day for me ^^
shimmeringpath
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@Anoinvest, absolutely agree 100% I'd like to see 200k or more this run though
Berkley101
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what about the 4 year cycles of btc? in my opinion history repeats and it will be 95k in Dec '21, in '22 drop down to 40k.... maybe 500k in Dec '25 ;)