Be Bold 18

Bitcoin is expected to see around 120,000-130,000, and you will thank me in six months. For example, during the bull market in 2021, the electricity cost was 17,000, and the price was 60,000. Later, the bear market's lowest point was roughly around the electricity cost. Including the major low on August 5 last year at 49,000, where the electricity cost was 48,000. This time, Bitcoin's peak will be around 130,000, then the bear market will drop to 40,000-50,000, and the next halving will push it to around 170,000. This is based on the historical relationship between mining costs and coin prices. Because during the bear market, people will shout that blockchain is a scam. Big capital is not foolish. When it rises to around 130,000, MicroStrategy, BlackRock, and those ETFs will collectively unload, causing an instant waterfall. Didn't an old guy doing quantitative analysis also see around 130,000 during the annual meeting? Most people see this price, which means that when it reaches this price, there will be massive selling pressure. The buying interest will struggle to hold. Everyone thinks this way, and then MicroStrategy sold at 125,000, some sold at 124,000, and in the end, 120,000 is actually the peak. Similarly, at the end of the BTC bull market, it’s the theory of outsmarting each other—whoever runs faster wins, and whoever runs slower hangs on the tree.