Repost & Update:
The market price is always a reflection of the asset value at that time taking into account all aspects including potential future value. So the current value of BTC has baked into it the expectation that it will go to 150000 and all other high hopes that people have for BTC! As soon as people start to stop believing, the price will adjust downwards accordingly.Question is, how long will people continue to believe in 150000 Bitcoin in the short to medium term against bonafide indicators of overvaluation? The BTC chart below with bands and RSI incase you missed it👇
