Well, it's not crazy to believe it will go up that much. In 2017 bitcoin went from $600 to $20K, that's about 2000% growth, and from $20K to $300K there's only about 1400%.
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Well, it's not crazy to believe it will go up that much. In 2017 bitcoin went from $600 to $20K, that's about 2000% growth, and from $20K to $300K there's only about 1400%.
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The market cap before and after are different. I don't think retail will be able to push it further and it will definitely require participation from those financial giants. A few corporations like Apple or Google. It could also be a few banks planning to keep it on its asset list like Goldman or Blackrock.
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That is true. The percentages tell us it is certainly possible. However, as things get bigger, they are harder to get the same percentage return.
But the futures markets tend to be indications where the big players are going.
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You're right about that. I think everything anyway meshes perfectly for bitcoin to reach those 100-300K prices. I personally think it will min $100K by the end of the year.
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