Memes aside, what causes this deep in Bitcoin demand currently.Is it rising price of power? Along with better speculation on oil, and DDR (shares and so on)?How low will it go, near 50k? 40k? And why.When do we expect next real bullrun - above 100k?It was fun to doompost, but now we need to decide how much to slurp and at what levels. And how much to borrow/obtain for it.
>>62326341It's the great shakeout (Of institutions).Slurp the absolute bottom.Jamie Dimon didn't kill himself.
>>62326341Causes: Saylor doing a micro-dump, Iran war, semiconductors sector down, AI-centric security fears (see Zcash).Current possible bottom in current conditions: around 50k at worst.Possible bottom if economic and financial situation worsens considerably (see Iran war and its consequences on Western supply chains, credit tightening, stock markets dropping, Saylor having to sell massively…): well below 10k.Next bull run: depends on how low it will start, and on the upcoming monetary policy, but I believe the bull run will be extremely dramatic if we’re starting from a low point. BTC at $1,000,000 sounds like a joke today, but back then in 2014, hoping that BTC would reach $10,000 sounded equally delusional and absolutely out of reach. It was even a running gag in the chat rooms ("BTC $10,000 SOON" when everyone was desperate because it was stuck at $250). And yet…Never forget BTC has the potential to overtake physical gold, whose "market cap" is almost 30 times higher than BTC so far. So I expect up to $1,000,000 from the next bull run, if the circumstances are favorable. But $300,000 would be cool enough.
>>62326526>Current possible bottom in current conditions: around 50k at worst.>Source: I made it up.FUCKING ZERO.
>>62326848Bobo's get greedy too.
>>62326864Since I am white, I don't have a single dime in anything crypto related.
>>62326996Shalom
>>62326848>Source: I made it upNo, it was revealed to me in a dream. Checkmate faggot.
