This is a "serious topic", meaning
your answers could influence my students and the course of the future of the World!Will Tether drown us all?
Before real value / greed gets to have some more fun?
$50K or $2,900 (
) which comes first/next for Bitcoin?
Optional / Extra credit /
Why?I doubt that bitcoin will go as high as $2.9k during this crash. But I also doubt that the price will go up to $50k so fast.
But if I were really to make a choice between the two, I'd choose $50k will probably come first. But we'll probably correct down to around $4-5k as a minimum before $50k gets hit. Why? Because it's bitcoin's price cycle history.
Every single time we get pumped, the price will crash eventually to around 4-5x pre-pump levels. Then after around 1-3 years of inactivity, bitcoin comes back and makes a even bigger jump in terms of price, breaking. It could happen this time as well.
I'm not saying that either will be hit, though. It's just a prediction.