So once again we have price predictions on bitcoin to 100k all the way up to a billion. What gets me though is that it's an inflation hedge, but yet we keep hearing inflation is back to a normal 3% range or so and dropping to the fed target of approximately 2%. So if everyone is predicting these ridiculous bitcoin price movements to me something has to be wrong and that wrong has to be the fed predictions of stabilized inflation at about 2 to 3% .I have no clue as to why this is not raising concerns, wouldn't a skyrocketing crypto market along with gold be the most gigantic red flag telling everyone to prepare for hyper inflation ......something is very very wrong with this entire scenario!
Bitcoin is a monetary inflation hedge which means the more US $ (fiat monetary units) are printed, the more the value is debased, the higher the price of bitcoin goes Bitcoin will go to $10M within the next 20 years, and $1B is going to happen as well, but may be after we're dead, so our heirs will witness that Bitcoin = generational wealth
My prediction is $1 Squillion by Summer. Kudos to all you Bitcoin guys that have been chasing this car and finally caught it. I hope you guys can get it out and turn it into some really cool stuff.
The story turns out to be very similar to the previous pump-and-dump. They are repeating, step by step, all of those false predicaments about reaching an amazing number, to get retail traders to buy in. They are working hard to get suckers. Let's see how this one ends. Will they trigger a second dump? I think they are preparing one, maybe the last one, so it has to be huge.
I am still waiting for the mother-of-all-Mega-Tulipmania where the price drops from 7 to 6 to 5 to .... digits and then to where it came from.
Every bull market cycle, bitcoin goes thousands of % from bottom to top ATH The last bull market was cut short by all the TradFi scammer blowups... Still, bitcoin went up 2300% from $3k to $69k So, this cycle we can expect more than 2300% from $15k, we still have over $250k of profits per bitcoin left on this bull market cycle And bitcoin can top to $1M this cycle because of the bitcoin spot etf's yet, Elite Traders are too focused on the drawdown Scared money don't make money MrS C Senior Software Engineers ngmi with this kind of trading mentality Be strong and be greedy. It's a bull market, you know!
It will happen, even if you do not believe it Just keep watching from the sidelines and missing the profits, no skin off my back