I have also been thinking recently about how high this wave of BTC can go, and I even estimated how high the next wave could reach. How much time is left for ordinary people to have the opportunity to buy one BTC?
Assuming this wave can reach 200,000 USD, that would be about 1.4 million RMB. Then, this bear market might have a correction of 50%-60%, meaning the bottom range would be between 560,000 and 700,000.
So, the next bull market could at least see 500,000 USD, which would be 3.5 million RMB. If the next wave also corrects by 50%, that would be 1.75 million RMB.
This means that after this wave of bull-bear transition, it will be very difficult for an ordinary person to buy a whole BTC. Because if you consider an ordinary person, like a food delivery worker or a regular salary earner, with an annual salary of 100,000, for a 1.75 million RMB Bitcoin, they would need to work for 17 years without eating or drinking to afford it. However, BTC keeps rising, so they definitely won't be able to keep up with that pace. $SPELL