One thing almost no one is expecting:
In early-mid 2019 we did 4.45X from the low of $3.1K.
If the same repeats, 15.7KX4.45=69.89...boom, roughly equal to prior ATH....in 2023!
More realistically, 61.8% Fib recovery from 15.7K brings us to ((68.9-15.7)X0.618)+15.7=48.6K
Judging by current trajectory, I feel that 48.6K is more probable than not, and 68-69K-a long shot (in 2023).
In any case, it would probably decline somewhat from there and be at ~40K at the halving.
I come to similar conclusions as you Biodom in terms of the upper bounds of an UPpity explosive move but for reasons that are a wee bit different than yours. What else is new, right?
hahahahahaha
I would suggest that there could be a kind of upper bounds to this upward trend into the $45k to $55k price area partly based on changing dynamics that occur once BTC prices start to approach previous ATH arenas.. .. which has sometimes been referred to as no man's zone.. so there is a kind of range that might be between about $55k and $90k that encompass the previous ATH in which there is not very much resistance because of a kind of FOMO/momentum dynamic are however the fuck that we want to refer to that area in which the price becomes likely to easily pass through.. and sure, even having such historical dynamics in bitcoin, does not cause getting completely through no man's land to become "inevitable" because nothing is inevitable in bitcoin except perhaps price volatility.. but surely the direction of such volatility is not inevitable.
The closest thing that we have to inevitable in bitcoin remains its volatility with no guarantees of either direction.
We all already know that, right? Except for the dimmed-witted twats - who also seem to suggest - that "stability" or "slow and gradually" applies to BTC prices, which it does not. We likely realize that slow and gradually could still apply to how do we prepare ourselves in regards to the likely inevitable BTC price volatility, which is our own "stability" in our management of our BTC holdings and our own "slow and gradually" in terms of our own ongoing accumulation and maintenance of our BTC stash. We should not be trying to manage our BTC stash with any kinds of levels of extremist behaviors - even if we know that the price dynamics aspects of the little bitch (aka my lil precious) is filled with such seeminlgy somewhat unpredictable and extremist behaviors.
Fuck both of them woke mother fuckers
male and female .
Wow!!!!
You sound bitter.
Listen to/watch this little tune in order to cheer up ur moo.
https://www.youtube.com/watch?v=d-diB65scQU