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“And now, final question: I want to know your price outlook for the next few months. Do you have some price targets you’re looking at in terms of how high we can go from here regarding the Bitcoin price?
I think it would be disappointing if we don’t see at least $150K. You know, I’m hesitant to give much higher price targets—because we could certainly reach them—but I try to take it one step at a time.
So, I think that by most metrics, I’d be surprised if we don’t see another 30% move or more, which would get us up to that higher level. There are certainly higher numbers that wouldn’t surprise me at all. I’ll reassess if we reach those numbers to see if there’s still more room to go.
Basically, I think we’re in a longer cycle—maybe less extreme—but still with summers and winters, still bull markets and bear markets. I tie them less to the four-year halving cycle and more to pockets of euphoria, pockets of depression, and the supply-demand cycle.
What kind of higher prices unlock older coins? And what kind of consolidations stop those older coins from coming to market? I’d say most metrics suggest we’re heading higher from here—at least.”
Bitcoin Price Outlook Targets & Market Analysis | Lyn Alden #shorts
#lynalden #bitcoin #crypto
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