💭Thinking out loud🤔
When you look now at the Bitcoin chart in the candlestick timeframe - a month, a correction of $3000 does not look so scary😝
What price do you think we will reach in this cycle?)
I think we can reach $200,000, that would be great)
Let me explain why I think so.
The lowest point at the beginning of this cycle was in January 2023 ~$17,000. Taking into account the fact that at the last bullrun the price of Bitcoin increased by about x10, it turns out that the price in this cycle should reach $170,000 (purely mathematical calculation🫣 without fortune telling).
But as they say, you should, but you don’t have to)
Although it is worth noting that earlier both the capitalization and popularity of Bitcoin were different compared to the present. Therefore, anything can happen 😉
