Even though the excitement is huge right now for BTC going to 100k or even past it, i think this will not happen for a few reasons.
Aside from TA, if you've been in the previous cycles you know that whenever everyone thinks btc will reach certain target or go beyond, this price is never reached. Excitement is however needed, because it creates liquidity for whales to dump their BTC to retail investors who are chasing those last few % in BTC (while altcoins go nuts).
Now to the TA. If you extend fib. ext. levels over the previous bull run you get 4.236 extension level that takes us to roughly 75k. Also if you put 2011-2013 super cycle on the bottom of 2015 (the start of 2017 bull run) you see how we also get to that 75-85k target. Not only that but we also see similarities between 2017 and 2013 bull run where top and bottoms came in 2018. If those targets where respected in 2017, there is no reason why the final target would not be 75k this year. Maybe the final blow of top will get us to 85k but i hardly believe we go beyond that.
I want to also point out that even though BTC is at the very end of its cycle, it is where huge rotation of money goes into alts. Primarily to those that are still very below its previous ATH. (XRP, DASH, ZEC, EOS, BCH,...)
I am not a financial advisor so non of this should be taken as a financial advise, stay safe and be well.
it s going to go 100 k and beyond most likely and i'm talking about this bull cycle. the next bull cycle top will most likely be in the millions (approx in 2025)
CR35
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I'm in this space from 2016 and i can tell you that in dec. 2017 everyone was talking about btc going to 100k and far beyond... it is the same tgis time ... i don't think you understand how much money would need to flow into btc to reach 1million ... cycles are lengthening and are having diminishing returns... so you probably will see 1 million dollar btc for decades. Btc simply need s to correct to 15-12k to find support (demand) there so it can have enough confidence to push higher to 100-200k area.