One of the reasons we can conclude that the 200k target in this bullrun will be quite difficult is because the increase in $BTC between ATH peaks will gradually decrease:
- BTC's first bullrun was 17x from the old peak to the new peak,
- The second batch of BTC increased 3.5x from the peak of 19.9k to 69.9k,
-> and this time it will likely be 1.5x-2x from 69.9 -> 140k guys.
To reach 200k, you must achieve a 3x increase, which is too high and almost no decrease compared to the previous cycle -> absurd. Of course there are other external factors such as ETF, finance,...
Source: Coinviet.net
