Please, read before replying, I don't need comments that are off point lol.
The last bull run had everyone on the tip of their toes, a lot of people strongly believed that Bitcoin's (
BTC) price was going to reach, or possibly cross, the
$100,000 price range, which never happened. And there were some who had unbelievable expectations like $500,000 and above, lol (
we all know that's not happening anytime soon).
Now with the recent events that have taken place, we all can see the bull rising off the dusts, we can almost tell it's about to happen again, maybe by next year or two.
I would love to know you all's predictions for the next bull. I'm thinking anywhere around $100,000? May looking at how far the previous bull runs were able to reach, I think that would be a good price to place it 😊👍, but I'm still open to whatever wild opinions you all may have.
How big of a role did Bitcoin's price value play before bulls during the most recent bull run? It was about 18k, but as it began to take off in the January of 2021, it increased to 29k$. Then, Bitcoin's ATH rose to 69k$ and nearly closed at 70k$.
Therefore, based on my study, I continue to believe that Bitcoin's ATH at this time might be between $80k and $100k; however, this may rely on the good news that comes out at the time the crypto market experiences its genuine bull run. Let's watch to see what transpires.