In Dec 2013 : ATH 1200$
then it declined and stayed roughfly between 200$ and 300$ for 22 months
If it was to follow the same patern again :
Now-Oct 2023 : 11 000 - 17 000$
And we would need to wait until 2027 to have a new ATH
Idea came from : Peter Schiff
I think a more likely scenario is that the Fed stops tightening not long before it will start in 2022, or don't tight much, and BTC raises >100K$ with 18 months from now if Big governments don't ban it.
Having no bans from government does signify that we would reach up new all time highs but if this one happens then it would really be likely giving out those kind of situations on where price could reallythen it declined and stayed roughfly between 200$ and 300$ for 22 months
If it was to follow the same patern again :
Now-Oct 2023 : 11 000 - 17 000$
And we would need to wait until 2027 to have a new ATH
Idea came from : Peter Schiff
I think a more likely scenario is that the Fed stops tightening not long before it will start in 2022, or don't tight much, and BTC raises >100K$ with 18 months from now if Big governments don't ban it.
increase because we cant really deny that negative news does give out bad impact in overall market and if we dont experience it for a while or for years then people might have been thinking that it is already been considered which would really be boosting up that buying factor.
Following into the same pattern? I dont think so because past isnt guaranteed to happen in the future because if we do consider on several factors like the level of demand
then you couldnt really make out some comparison or making them the same.
