Bitcoin is like any other market - it needs to correct to ensure healthy growth in the future.
- This Bitcoin forecast is based on previous corrections and market trends.
- The 2017/2018 Bitcoin bubble is very similar to that of 2013/2014.
- I expect the next Bitcoin bubble to occur around 2021/2022.
- The next bubble top should be around $60-$80k - keep in mind that the total market capitalisation of Bitcoin could offer resistance to its price per Bitcoin.
- Current buy levels are: $5000-$4000-$3000
Comment:
I think Bitcoin will stabilise around $100k-$200k within the next ten years or so.