Right now it's around $9100. It's increasing super fast. So what is gonna happen in 2-3 years ?
I guess the main question is how long this bull market can keep going until reversal kicks in and we're facing a new bear market.
It sounds crazy, but despite the amazing increase in price BTC's growth has been surprisingly sane and stable. I honestly don't see the BTC train stopping anytime soon,
yet I know there must be some major correction further down the road. It's both scary and amazing.
So what's going to happen? I currently see 3 possible scenarios:
1) We reach USD 10k,-. Everybody's happy and goes home, crypto enters a bear market until we see a new rush in 3-4 years.
2) We reach USD 10k,-. BTC goes batshit insane, hits something like USD 30k,- only to spectacularly crash down to... USD 10k,-.
3) BTC keeps its growth level up because everybody that wanted to dump already took their profits and the remaining sellers sell only so little amounts that they get absorbed by the market more or less immediately.