This may be a little premature, because bitcoin hasn't even really taken off this time, yet.
But, it is an interesting thought. Will their be bitcoin bubble? Will it pop?
Or will bitcoin just continue to inflate, as the fiat everywhere dies?
We have a little longer than a year before the next bitcoin halving.
And if we go on a tear this year, expecting a top and a sell off of the typical bitcoin length, we will be crashing just about the time of the halving.
Soooo, are we actually looking at the start of a bull market? Or a fake out?
Many believe we should have had another bull market already.
It has been put off for some reason.
By this, many expected $100,000 bitcoin then, but like a ball held underwater, the longer it is pushed down, the higher it will go when released. Many were predicting $300,000 bitcoin. And now more time has gone on and i haven't heard anyone speculating lately on where bitcoin will go to on the next bull run.
I don't even have an idea of how high bitcoin will go. I can't compute it. The numbers stopped making sense.
The more time goes on, the more i feel that bitcoin will go up, and never come down.
Are we actually looking at the real bitcoin adoption?
With The US dollar dying... apparently (but there is nothing that can compete with it yet, not even close)
With CBDCs about to be forced down everyone's throats.
With the BRICS pushing as fast as possible to de-dollarize
With inflation coming to every fiat in the world. Except maybe Russia who got kicked out of the Swift system... which is making the death of the dollar come sooner...
There has never been a more necessary time to get out fiat, to get out of govern-cement systems.
Will we go forward into bitcoin, or go backwards into gold?
I cannot really tell what will happen within this next year.
Even with all the bank failures that are coming, i think we will barely be at $100k sometime near the end of this year. But after that historic event, i do not know if we are off to the races, or we will see another bear market for a few years.
I definitely think something is going to break this time.
One thing i heard a long time ago. $100k would be the time when bitcoin HODLers would be opening their wallets and start spending. And it feels true.
The thing about spending is that it circulates the bitcoin. And this circulation actually makes it much more valuable.
Sooooo, this time, it may be different.
Bitcoin blasts off, while the floor falls out from under fiat.
And then, bitcoin will be priceless.
