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UPDATE:
Admittedly, I was beginning to think #bitcoin might not achieve step 2, but here we are. 👀
We are on the cusp of step 3, imho.
Obviously just my guesses... I don't know the future any better than the next guy or gal.
Onwards. âš¡
Delayed effects of remarkable dollar strength (and its effects on global M2) since the beginning of 4Q 2024 finally setting in to #bitcoin?
Range guesses (and order) still in play:
1. 105k-120k (already achieved?)
2. 75k-85k (probable low watermark for late 2024 or early 2025)
3. Zig zag higher, with mid-#475k) still in play for 4Q 2025 or even 1Q 2026, until (when/if) the facts change
Just my guesses, obviously.
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Dr Jeff, you've nailed all your predictions so far! Let's see what the coming months brings.
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