I think this is good because it's higher than the present price.
Actually, I agree with you gentlemand regarding the fact that any BTC price prediction that argues for prices being higher than the current price is a decent enough prediction that would allow us longer term HODLers to at least maintain the status quo of our prior gains - and perhaps add a little extra value, if the amounts account for cost of living, and even better accounts for any withdrawals that any of us might want to make through the calendar year.
In the end, HODLers like many of us should not become desperate for a BTC price rise, merely because we have "suffered"(if that's the right word) a 61% price correction that seems to now be hovering in the 57% retracement territory (around $8,500). Even peeps who bought high, should not necessarily expect to be able to cash out in one to two years or even longer, because none of us should be investing more than we can afford to lose - even though there have likely been a lot unrealistic get rich quick expectations in the space that caused folks to buy into BTC while it was above $12k.
Regarding CNBC as a news source regarding Bitcoin, the article points out that they have shown themselves to not really know what the fuck they are talking about, and perhaps even engaging in a certain level of negligence in some of their recent shenanigans to 1) outline specific guidelines to help peeps to buy Ripple (while Ripple was nearing its price peak) and 2) to represent Bcash as a seemingly better value that bitcoin by showing some artificially inflated and misleading bcash/bitcoin performance comparisons while having stupid-ass Roger Ver on their show as a supposed expert on the bcash/bitcoin topic.
So yeah, difficult to tell if CNBC is continuing to engage in some kind of misleading ploy to be asserting that bitcoin is going to more than 5.5x from its current price. Gotta take those mainstream media fucks with a large grain of salt.
