130k by spring? What do you think? Looks like a fake out top last week of Dec at about 80k. Then a big sell off and recovery into spring and new ATH of 100k by March, followed by another dip. Last push to 130k by Apirl. Then we have a fake bear market into the summer. And unsuprisingly the Bull market picks back up and runs BTC to 300k next winter. That will be the very end of the Bull cycle. 2023/24 will probably be tough years economically. Inflation, etc. And crypto market will suffer for a while too. Huge regulations will temporarily tank the market. But long-term thats a huge win for the Bulls. Once the rules of the game are clear, BIG institutional/corporate money floods in. And blockchain tech will be the foundation of the new internet. Mainstream adoption will take off by 2025.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.