Last night I had dinner with an old friend who is a veteran in the market. He said that in this bull market, BTC will reach 300,000. I asked him what the basic logic behind it is.

He said that in 2017, Bitcoin rose from a low of 1,000 USD to 20,000 USD, a twenty-fold increase.

In 2021, Bitcoin rose from a low of 3,200 USD to 69,000 USD, also a twenty-fold increase.

In this bull market, Bitcoin started rising from a low of 15,000, and a twenty-fold increase would just hit 300,000.

I want to ask everyone, is there a problem with this logic? 😂😂😂