Comparing this runup to the last one after the low in the 3k area, we see a very similar behavior until now.
If this continues, we should reach 20k sometime in late october, or mid November at the latest.
I suspect that we'll see a longer flat/sideways period, until we'll push towards new ATHs, above 20k, probably
in mid 2021. By late 2021, we should reach the final ATH of this cycle.
I still suspect at least 100k, but due to global events such as very high inflation of fiat currencies, especially USD, it could reach 150k,
even 200k in a very optimistic scenario.
The whole runup and timeline is quite similar to 2016-2017. We are now where we were in mid to late 2016.
Good times are coming :)
If this continues, we should reach 20k sometime in late october, or mid November at the latest.
I suspect that we'll see a longer flat/sideways period, until we'll push towards new ATHs, above 20k, probably
in mid 2021. By late 2021, we should reach the final ATH of this cycle.
I still suspect at least 100k, but due to global events such as very high inflation of fiat currencies, especially USD, it could reach 150k,
even 200k in a very optimistic scenario.
The whole runup and timeline is quite similar to 2016-2017. We are now where we were in mid to late 2016.
Good times are coming :)
Comment:
BTC is taking a bit more of a relaxed approach, but the idea still remains the same. 20k by year's end, 100k-200k by the end of 2021.