@idiosyncratic1
What do you think about PlanB's charts? They look good but a bit doubtful IMHO 😅
@idiosyncratic1
@idiosyncratic1
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8 comments
Very doubtful imo
Wishful thinking. You see that the BTC peaks are getting smaller and the dents are getting deeper. There will definitely be another bull run, but BTC won't even reach 100K.
The long waited 80K target was far from being real. In my opinion, inflation will, eventually, inflate the prices of crypto like everything else but the price levels above are not that realistic in the timeframe :I
Whether crypro prices will really be inflated is by no means certain. There are many other options where money can hedge against inflation. From my point of view, BTC does not offer inflation protection, I will write an article about this soon. Whether more money will flow into crypto in general is also not at all certain. The momentum is over in my view, but I don't want to underestimate the development in crypto. There are a lot of creative people there and it's possible that there will be something interesting that will attract a lot of attention and money again.
Tbh, in the long term I'm a believer of "The flippening". So not sure about PlanB's chart
Will ETH flip BTC?
I think it has a good chance. Unless PoS screws up ETH
Possible mate, though still BTC is valued as Digital Gold ^^