RE: Day 19: Thoughts on Bitcoin forks and the new bubble

OK, guys, a few things I forgot to add here:

Something very important I didn't consider this time. The total crypto market cap is 160B, there are 16,500,000 Bitcoin in circulation (lot less in reality consider the lost one). $160b / 16m = $9,600 per Bitcoin. If alts get sucked into Bitcoin, the price can get the push to 10k we were talking about.
As the price increases, the difficulty goes higher, which pushes the miners to sell at higher price. At which point the price and the difficulty will find an equilibrium? No idea.
The number of Bitcoins generated per block is now 25. Next round of halving we'll go down to 12 Bitcoins per block. We're getting closer and closer to a deflation point, where the number of Bitcoins produced is so low, that the price can only deflate. This isn't a relevant factor to push the price high in 2 months, but this scarcity was the result last year halving.
FOMO is kicking in. As I was expecting. Brace your self.