Simply PUT the BITCOIN will go to $1Million USD because the USD will hyper-inflate/deflate to the point of having no value.
The US Dollar is a post WW2 Ponzi Scheme, that is now Game-Over
US GOV has kept interest rates near zero now for some ten years, and they can't go back; They're stuck, now all just gnaw their teeth at the 'bank' ( federal reserve) and wait for the reset ( new 'shit dollar' ).
The entire world in the know has no place to keep their money other than BITCOIN, or some other equivalent trusted crypto-currency.
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BITCOIN is the currency of the Gods in China, and it is the currency of the Sovereign man worldwide.
Of course BITCOIN will continue to be the enemy of GOV, until they lose their jobs and go unpaid and "Re-Invent' Themselves as BITCOIN representatives and bankers of bitcoin.
PAPER MONEY is DEAD, in MODERN society its no longer possible to TRADE in Gold for almost all normal business.
In summary don't look at the price of BITCOIN as going UP, just look at the price of BTC as the US DOLLAR Plummets worldwide.
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BITCOIN is NOT a classic FAUX-PAPER STOCK MARKET FRAUD
I'd like to present the works on major bull trends by H.M Gartley who wrote Profits in the Stock Market (1935).
How to recognise a bull market ending.
1. The daily volume has risen to an all time high.
2. Wide daily fluctuations are a regular occurrence.
3. Nearly everyone you meet appears to be in some way interested in the market.
4. Most financial news writers and financial commentators can see no reasons for any important decline.
"The thought of a bear market being around the corner is not seriously considered".
"A bear who presents what appear to be sound and logical reasons why a collapse is imminent, is considered to be either an out-and-out dyspeptic, or at least a very unpatriotic citizen."
"He can count on being very unpopular".
"Each bull market breeds a crop of traders who fail to recognize the unmistakable signs of a storm."
This is quite different, could be applied to GOLD, BITCOIN is not going away.
Traditional STOCK in 1935 was just paper pulled out of their ass and traded on WALL-STREET, not unlike US Dollar fiat today, printed to infinity with zero cost to FRN
BITCOIN represents a new shell, a new totem, a new way for mankind to represent his wealth and transmit it anywhere in the universe.
US Dollar can't collapse, its backed by BITCOIN
