ITT we try to predict when the current BTC bull run will peak, and at what price.
Using the wisdom of crowds we can average our answers and try to come up with something accurate: https://en.wikipedia.org/wiki/The_Wisdom_of_Crowds
Serious answers only please. Charts & evidence fine are fine but we are trying to tap into our crowd consciousness here.
I'll start:
1 BTC for $6000 peaking in early July.
I'm watching the Shanghai SE Composite for hints on this.
>>2185069
bear trap after 4k. continued push until 9-10k. then down to 1.5k. Total cycle about 3-4 months
5k around the end of june, if it doesnt make a correction once it hits 3k soon
Good discussion so far. Let's add to the discussion:
>Normies getting into crypto
It seems like normies have access limited to crypto based on their technical skills. Only way right now really is coinbase or another user friendly site. This seems to be good for us as it slows them down quite a bit.
bump
>>2185069
Normies are buying into crypto. Heres how I see it playing out.
>slow rise as it has been up to 3500 or so
>massive fucking jump to 10k
>market goes nuts and starts dumping by the fucking truckload
>Hits floor at 3800
>startbuyinghere.jpeg
>>2185229
Even buying BTC on coinbase is an absolute bitch. They ask you for all your personal info and then throw errors in your face and take weeks. That shit would turn off 80% of normies thinking of investing.
>>2185421
Seems reasonable. How fast do you see this process playing out? How are normies getting in besides coinbase?
Also, anyone got any more info on China's btc markets being locked? I've heard that they will unfreeze in June which may lead to a big sell off but I don't know the source on that.