I may be overly optimistic, but I think that we've already had the bottom for this year.
However, as said, who cares? Especially as it's agreed that we're still in the bull market.
And no matter what, on the long term (~4 years) it will surely rise (too) big time, so we're just fine.
However, as said, who cares? Especially as it's agreed that we're still in the bull market.
And no matter what, on the long term (~4 years) it will surely rise (too) big time, so we're just fine.
I'm an optimist too, and since I'm going long term, I don't care much about this sideways. What I do wonder is what would happen if for whatever reason the price goes below $20K. It would be breaking a historical trend, and there some predictive models would have to be rethought.
In any case, I don't think it will happen. I also think we've already hit the bottom and when the price goes up and breaks $40K again, we're going to $100K easy.
