Haha no way. My contention wasn't that bitcoin can't go to $25k. My contention was that being all out and waiting for a dip to $20k was not the right move. Also on that note, my other point was that if bitcoin were to fall to $20k, it would represent something different than anything it had done during all of the post halving 2017 bull market.
That being said if we want to have some contest... I really don't think bitcoin is going to hit $20k before making new highs (though I admit that it could, it's just not what happened in 2017). So, we could do something like this...
@edicted wins if bitcoin hits $20k before making new highs ($42k+) @jrcornel wins if bitcoin makes new highs first
Not exactly my point, but I can go with something like this if we must have a contest. :)
Interesting, because I feel like Bitcoin can still do both of those things. As portrayed by the 2019 fractal, this next bounce could take us slightly above all time highs (say $44k), but still ultimately crash to $20k before summer.
2021 Bitcoin Doubling Curve
Jan
Feb
Mar
April
May
June
$13867
$14933
$16000
$17067
$18133
$19200
July
Aug
Sept
Oct
Nov
Dec
$20267
$21333
$22400
$23467
$24533
$25600
Essentially if it doesn't crash to $20k by August I lose.
Doesn't really matter how high it goes.
Considering May and June are amazing months for crypto it likely has to crash to $20k by April.
Haha no way. My contention wasn't that bitcoin can't go to $25k. My contention was that being all out and waiting for a dip to $20k was not the right move. Also on that note, my other point was that if bitcoin were to fall to $20k, it would represent something different than anything it had done during all of the post halving 2017 bull market.
That being said if we want to have some contest... I really don't think bitcoin is going to hit $20k before making new highs (though I admit that it could, it's just not what happened in 2017). So, we could do something like this...
@edicted wins if bitcoin hits $20k before making new highs ($42k+)
@jrcornel wins if bitcoin makes new highs first
Not exactly my point, but I can go with something like this if we must have a contest. :)
CONTEST!
Interesting, because I feel like Bitcoin can still do both of those things. As portrayed by the 2019 fractal, this next bounce could take us slightly above all time highs (say $44k), but still ultimately crash to $20k before summer.
2021 Bitcoin Doubling Curve
Essentially if it doesn't crash to $20k by August I lose.
Doesn't really matter how high it goes.
Considering May and June are amazing months for crypto it likely has to crash to $20k by April.