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50131560 No.50131560 [Reply] [Original]

Why would btc ever go to 60k or above again?

>> No.50131606

>>50131560
Yes but first the trip takes us below $1000 it's gonna be a wild ride

>> No.50131626

>>50131606
Imagine a sub 1k Bitcoin. You have better luck winning the lottery than getting a buy order filled at 1k.

>> No.50131648

>keeps foreskin
>abuses it anyway

>> No.50131663

>>50131560

it won't. This was the apex of the cryptocurrency bubble. A 3rd world nation made bitcoin an official currency. Coinbase was the most downloaded app in the world for a week or 2 during april/may. Crypto ads are on every sports stadium and several high profile sports team jerseys. Every nigger and his grandma bought crypto in the last year.

It's over. They will regulate this space to the ground. The only people able to benefit from crypto after this cycle will be SBF and similar (((entities))).

Hope you made it.

>> No.50131666

>>50131560
60k was the perfect alignment of factors. The only time it'll touch 60k again is if inflation is seriously out of control (not just us complaining about groceries but fire and brimstone shit)

>> No.50131695

60k was a natural progression of the value of Bitcoin in a heavily eased monetary environment, similar to all cycles before it. Just as this retrace is similar to all before it. The only difference was the kinds of people buying the bitcoin: easy prey.

>> No.50131830
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50131830

>>50131560
Yes.
The rainbow charts show it should reach ~240k a year after the next halvening. Be patient though, its probably going sub 10k by the end of this year.

>> No.50131871

its below last bvllruns ath and now it will never be above 20k ever again!

>> No.50131893
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50131893

>>50131560
man its been ages since i have seen sicko pepe pics. 6+ years

>> No.50132180

>>50131560
midwit mentality: "The bubble has popped, the use case is no longer applicable, gov fud gov fud."

based retard: "First number go down, then it goes back up again!!!!!"

>> No.50132235
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50132235

>>50131560
The BTC EOY thread is over there >>50128987