I mean they are generally right, but Fidelity has the most balanced and accurate takes on BTC. ARK is also good, particularly if you like to hear about million $/coin. Overall, I am very bullish, there is much going on in the background. Over 1ooK is very likely this year, not trying to get very bullish, but staying grounded.
- Investment advisors need to wait 3 months after a new ETF, to invest in them. We have not even seen peak FOMO as yet.
- All we need is a sovereign country like Saudi Arabia or Qatar to add BTC to their sovereign funds or Treasuries and price could double overnight.
- New FASB accounting regulations come into force at the end of this year, this makes it easy for companies to buy BTC directly.
- Europe still is missing some forms to allow them to buy US BTC ETF's.
- My suggestion is to have a plan as to when you will take profits this cycle, but
never selling all your coins. Ofcourse, this depends on your age too. Once the parabolic run starts, BTC fever and greed can mess you up.
- My
conservative case is 125 K, probable 200 K and bull case is 500 K for this cycle by 2025 end of year.
- Ofcourse, I cannot predict the future, so the above is hopium.
Black Swans do happen.