Are we excited yet?

Many analysts/experts are predicting a 100k Bitcoin price at the end of the year.

180k is a hypothetical "shooting our load early" event. Who knows what to expect? A Bitcoin ETF approval will send it sky high. It could happen this year.

I'm still completely bullish into 2022, I like seeing the daily updates on this chart:

(which isn't a price prediction model, in case anyone can't interpret charts) to compare how far along into the current cycle we are compared with the previous ones. If we have actually already hit the cycle top and it just fades into another multi year bear market from here it'll just feel extremely surprising and a big letdown. Feels overly bearish to think that's it for this cycle though. Definitely don't think we'll be seeing $100k before EOY either though, would want to get moving now if that's the case

Each halving has a direct, pre programmed impact in the new supply which furthers the scarcity. How's that nonsense? If the supply is suddenly reduced, and demand picks up in the future after that reduction, the price will obviously go up

And if the price followed what? The price isn't following anything, each bull run is unique, but what isn't unique is the general timing of the bull runs - after each halving. Only way to see how the returns compare with the previous bull runs is by waiting to see how this one goes and looking at charts like the above

I tend to lean towards the idea of the cycles getting longer and returns diminishing, since obviously the larger BTCs marketcap gets, the more money is required to push it higher, and hopefully the more stable/less volatile. I think a lot of people take the overall marketcap into consideration more so than the price trajectory of the previous bull runs and the individual price per BTC - for example, do you think BTCs marketcap can hit ~$2n? I definitely do, and that would make BTC $100k per coin. There are some ridiculous long-term price predictions for sure but I just ignore those

Any links for that

Yeah that 10-12 week dip was a great opportunity to load up for anyone who's bullish on crypto longer term. Things change quickly with such a volatile asset though so don't be afraid to take some profits along the way

Well done on the recovery!

Looking good for 50k today

Bought some DOT at $12ish in the dip, looking very nice now

https://www.google.com/amp/s/www.forbes.com/sites/emilymason/2021/08/17/visas-54-bitcoin-linked-cards-pave-the-way-for-younger-generations-to-spend-growing-crypto-wealth/amp/

Euro..

Not $40k.

I meant.

Same. Took out my initial investment from profits in crypto and decided to use a little to get some dot. Was one of my better decisions.

spread bet now on Eth, Ada and Dot.