If bitcoin will break the 45k price will set for bulltrap and it will go lower were capitulation happens below 30k the major problem here is when bitcoin breech the 20k then it will send the price around 13K-17k and it will set the new bottom for next cycle.
100k - 150k+ is possible but maybe on 2024-2025
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almost there for last bulltrap and winter will start.
Your delusional. We will see 140k this year. 100%. 280k summer 2023. We are still in a bull market.
WolvesOkami
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@btaylorrunner, hahahaha thats the delusional it can be this 2023, 2024-2025 see you, halving is done you have 700+days to wait for next halving, thanks me later
btaylorrunner
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@WolvesOkami, Good luck with that analysis. You must be smoking opium. Go ahead and believe your own FUD if u want to.
WolvesOkami
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@btaylorrunner, i will chat you again once it goes below 30k ehhehe
btaylorrunner
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@WolvesOkami, Don't hold your breath. You will suffocate.
btaylorrunner
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@WolvesOkami, Uh oh, what happened to 30k?? Looks like quite a strong uptrend at the moment. Lol.
Crypto-Fury
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@WolvesOkami, thats it exactly, most bulls dont consider the halvening, if it even gets mentioned at all. Ironically BitBoy on youtube brought it up today (thankfully). But this all has a big effect on the price. Generally its a 4 year cycle, last 2 years of the cycle are your bear market, and we're just starting that 2 year period now. So you're right 700 days & it'll be game on. Crypto is a highly speculative asset class, with everything going on in the world today (take your pick cuz theres plenty) & the shock to our economies thats coming (you know this is just the beginning), the environment will not be favorable to crypto. We'll be lucky for status quo, yet alone a 3-4x on bitcoin. The calculus for risk has changed. Time will tell i guess... plan for both scenarios
MPH_
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@btaylorrunner, while this is certainly possible, it is the worst year to think its likely. if you think the markets will just forget interest rate hikes, recession, inflation, war, and then some, i'd wager you're not realizing the risk at hand right now. we're in a risk-off environment. what is going to get it to those prices will be institutions. they aren't buying right now. it wont just magically teleport there without them. crypto is still considered the highest risk asset. even if we get back to all time highs, i see bitcoin once again in the 30k-40k range afterward. it has had extreme difficulty with the levels it is being rejected at. and there are a few more after those. but i am guessing you don't know what i'm talking about. but, like i said, it's not impossible, just improbable.