Speculating the price of
BTC by year end depends entirely on the perspective. If you are a hodler (like me), then $10K is absolutely achievable but the price would be very volatile at that level. If you are buying into
BTC then $10K looks less likely and attractive. In terms of price discovery I always ask myself the question : "If I had the cash, would I buy
BTC at this price?". The honest answer at $8K is no. I'll happily buy more at $5K. Price has gone parabolic. The big problem is that it's virtually impossible to time a bubble top and
BTC will always undergo big corrections.
In terms of the longer term, the best analysis chart I have seen is this one :
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