Eventually, we'll need to enter an extended consolidation period to catch a breather before continuation or transition into a bear market.
Note also that the $20k ATH was 16.6x the previous previous bull run ATH of $1200. 5x from the previous bull run ATH of $20k is $100k, 7.5x is $150k, and 10x is $200k.
So, set optimistic targets at $200k+? It sounds ridiculous now but so did $35k two months ago...
Note also that the $20k ATH was 16.6x the previous previous bull run ATH of $1200. 5x from the previous bull run ATH of $20k is $100k, 7.5x is $150k, and 10x is $200k.
So, set optimistic targets at $200k+? It sounds ridiculous now but so did $35k two months ago...