Many of us Expect the next ATH Could be $85K. For that, Bitcoin should break $69,000 again.
$85k is a strange number that "many of us" would be "expecting."
Is that the number we expect to happen "next" to be just an intermediate step in which a correction would come around that time? Would it end up being for the top of this cycle? or for the top of this calendar year?
I am asking for a friend just in case "we" might want to join the "many of us" "expectations" in regards to what might be happening "next" in bitcoinlandia.
What is soon in your sentence?
By the end of next year cryptocurrency will be as irrelevant as the metaverse.
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I suspect we will go up again straight after Thanksgiving in the US. Many bonuses being paid in the last 5-6 weeks of the year. That money is going to go somewhere. Not 0% savings accounts I suspect.
0% savings accounts will prove a better store of value over the long term than cryptocurrency.
Ok let's check January 1st 2023 where we are at.
Interesting proposition BBunny.
I wonder if proudhon could end up being correct if we consider that kind of time-frame? Think about the potentiality that proudhon could end up being correct if we were to get a price to price comparison, such as $57.5k. What outrageously exponential BTC price level would return us to $57.5k if there were something like an 85% correction. I calculate right around $383.3k.. .would it be possible to have such outrageousness happen in the next year?
