100k incoming
Not sure we'll see it in 2022, TBH. Who knows...
I agree, mid-70s would be amazing but I can’t see higher than that this year.
Will be $120000 by November
no ifs no butsThe proper expression is "no ifs, ands nor buts"
Substantively, I would like to challenge you regarding your expressed certainty of such specifics.
For example, we could have a top at any time between April 2022 and perhaps March 2023... so the extent of the top (if we actually get one) may well determine how much of a bottom is likely or possible.
Many of us are already somewhat thrown off our ability to maintain some kind of reasonable framework of expectations based on the way that 2021 played out with two tops that were within about 6% of each other... weird as fuck (or maybe awkward?) and maybe not even made more comfortable in having two 50% corrections along the way....
Sure, shit happens, but also is not very comfortable to try to figure out how another potential top (do we say delayed top) might end up playing out and whether it might have a likelihood of a blow off nature to it?
And, even though we likely have some senses that supra $100k may well end up inspiring some kinds of FOMO to kick in, there also could be some actual materiality towards an effectiveness of some of the new financial instruments that have been created for the likely purpose of attempting to keep king daddy down (referring to futures, here - or at least non-bitcoin mechanisms that allow for the placement of downward price pressures on king daddy).
So I am not going to assume that the various financial instruments are necessarily going to be successful in keeping down king daddy - yet there would still be a question regarding how much they are actually willing to potentially lose (to get reckt) in order to hope that they can be successful and if their getting reckt does not end up contributing to a kind of Streisand effect.. in which there may be inspiration from the masses to increase the level to which some of the BIGGER players end up getting reckt if they are betting against bitcoin and using those various naked shorting mechanisms... and of course, coupled by FUD and perhaps even the use of government coercion, too.. if they can get such cooperation from governing officials/departments.
I am not going to speak with any high levels of certainty, even though I personally believe that bitcoin has been developed strong enough and has increased in various networking effects enough in order to be able to sustain through various additional stronger attacks and to keep a decent amount of its UPwardly trajectory through several of these challenges.. and so even if the fucktwat manipulators continue to have success in keeping BTC prices down.. and let's even presume that they have some ability to continue to accomplish such ongoing suppression until times getting close to the next halvening in 2024 (holy fuck still 2 years out).. they are running a considerable amount of risk in terms of contributing to some worse kinds of UPwards explosions in response to some of the seeming artificialities of ongoing pushing prices down even while there is likely a large enough population of existing HODLers and even new HODLers who are going to continue to stack the real deal into cold storage and to take more and more of that liquidity of actual coins off of the market.... much easier for actual real persons to take immediate and actual possession of his/her coins as compared with any other previous or currently existing form of wealth.. whether talking about gold, property, equities or other ways that wealth is held to empower individuals.
100k incoming
Not sure we'll see it in 2022, TBH. Who knows...
I agree, mid-70s would be amazing but I can’t see higher than that this year.
Will be $120000 by November no ifs no buts
FWIW, dug this up from earlier. Still stand by it.
Part of me is fucking concerned if I’m honest.
My gut is telling me S2F falls apart soon. In shambles and an afterthought by March 2022.
Hope I'm wrong, but I think we should expect a slower rise than some are anticipating.
Your prediction shows that you seem to have hardly any fucking clue about what S2F is saying... so it would be difficult for it to be in shambles by March of 2022 unless we were actually in a bear market by that time and going down to some kind of sub $28k levels... I surely have my doubts about that.
Another thing is that March 2022 is about half way through the halvening period, and largely S2F is attempting to project that BTC prices will average $100k for the whole of the halvening period.... so for sure, half way through the halvening period they are way undershooting the projected $100k BTC price.. we can even look at the 104-week moving average and see that currently it is at about $32k.. so the average for the last 2 years is ONLY $32k.. and if we look at the 208-week moving average, we see that it is at about $19,500 (which would be the average for the past 4 years), so for sure, the 104-week moving average already shows an already existing average that is way below $100k, and the 208-week moving average has a decently long way to catch up to get to $100k by the next halvening... but surely it is far from impossible or even "in shambles" to be asserting that underperformance would be a death knell to S2F.... ... even sticking with a relatively historical average of how the 208-week moving average moves up, we are seeing that to be around 75% per year (and last year was around 130%).. we still end up getting to around $88k by May 2024
(look at this projection).. which is hardly in shambles or even problematic to be having to tweak stock to flow in any kind of meaningful way.
Sure an anticipation of a continued supra 75% appreciation of the 208-week moving average in the coming years may well be a bit too presumptuous.. but hardly "in shambles" if it were to either not be met or to end up coming in below expectations.
Poll
