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surfivor
surfivor
1 month ago

$180K to $250K bitcoin in 2025 is what seems likely to me. I wish the guys that say $450K were right but I don’t know. Any thoughts on why they would be wrong ? It just seems really high I guess

Ethan L.
Ethan L.
1 month ago

I think 150k to 200k is most likely. The previous BTC cycles show that diminished returns is baked in. And when you look at the long term RSI, it’s already starting to show bearish divergence. Many think we’re going to double top, with a final run in the fall of ’25. But I’m in the early top camp, probably Q1 or Q2 of this next year. As they say in the stock market, ‘sell in May and go away.’

I’d love to see that ‘banana zone’ that so many talk about, but I don’t think it’s going to happen. If anything, following crypto over the last few years has taught me to keep my heads out of the clouds and be more realistic. Still, I guess it’ll be fun to see what happens, especially with pro-crypto Trump coming into office.

surfivor
surfivor
1 month ago

It was claimed that China banned bitcoin mining in 2021 and that prevented a higher bitcoin price during that time

Ethan L.
Ethan L.
1 month ago

News is a lagging indicator, at best. News headlines establish narratives for market moves that have already happened. Remember, in 2021 when BTC was topping out, DOGE was also on a high run. And when Elon Musk went on SNL and pooped it with his joke, it was said that it was the moment DOGE topped out, but if you look at the charts, DOGE and many other ALTS were already starting to dip in price. But the headline became the popular story, because charts are boring to most people.

Look at news right now, the headlines on crypto news sites are full of doom and gloom, even though we’re already making a turnaround, with some calling for the Christmas ‘Santa rally.’ And in a few days, headlines will be calling for 200k BTC by new years, even though by then the rally could be over and we’ll be correcting again. Anyone who chases headlines is doomed. This is why so many people make money counter trading the market, because just as soon as you think things are going one way, it goes the other way. Markets love to fake investors out.

Danny Doomer
1 month ago

linux developers push centralized/decentralized hybrid coin swaps(Bisq etc) too open source repositorys. windows users may not know that the whole windows stack is rewritten on the linux kernal and all free open source apps are available too normies. Sam Altman’s world coin becomes an energy rationing tool, the gamification of tradeable energy quotas, push energy efficiency in the developing world into Nikola Tesla(crazy and brilliant)style innovation,

Stephen
Stephen
1 month ago

For anyone interested, a quick internet search for the book Softwar by Jason P Lowery will provide multiple results where it can be downloaded for free.

Archive.org has it in many different formats. It’s also directly available from MIT as a PDF.

Carl
Carl
1 month ago

For the comment on community, I miss the old forum where there was much discussion & sharing of information. Sure there is the discord group but it’s just not the same as what the forum was.

Ethan L.
Ethan L.
1 month ago

Carl, I hear ya. I never posted on the old forum, but I did lurk quite a bit, and got tons of good info from folks in the gardening subforum.

Sadly, comment sections like these here are the closest thing to a forum here now. Kinda that way across the internet. Social media posting has pretty much replaced message boards. I feel like the good internet got kidnapped and an evil doppelganger took its place.