Reasons why BTC is still undervualed :
- Global inflation
- US Keeps printing US Dollars ( Unlimited Supply)
- Btc is the most scarcity assest ever because Btc has Limited Supply (21 Million ), (3,7 Million lost forever)
- Technology : BTC has a technical advantage over Real-world assest such as Gold
- Mass Adoption : Btc is on it's way to becoming Globally adopted , from legalisation in countries like El Salvador and Ukraine
Reasons why i believe btc will go to 140 K :
1 : We didn't see an Mania Phase like last 2 Cycles
2: Btc is in accumulation mode for a very long Time
3: Btc just retested The Downtrend and made it Support .
Btc is still in accumulation mode I believe the real mania phase will start around January and btc will peak around 140K, historically the mania phase lasts for a little under 1.5 - 2 months so I expect 140K to be the peak and around late February - early March .
- Global inflation
- US Keeps printing US Dollars ( Unlimited Supply)
- Btc is the most scarcity assest ever because Btc has Limited Supply (21 Million ), (3,7 Million lost forever)
- Technology : BTC has a technical advantage over Real-world assest such as Gold
- Mass Adoption : Btc is on it's way to becoming Globally adopted , from legalisation in countries like El Salvador and Ukraine
Reasons why i believe btc will go to 140 K :
1 : We didn't see an Mania Phase like last 2 Cycles
2: Btc is in accumulation mode for a very long Time
3: Btc just retested The Downtrend and made it Support .
Btc is still in accumulation mode I believe the real mania phase will start around January and btc will peak around 140K, historically the mania phase lasts for a little under 1.5 - 2 months so I expect 140K to be the peak and around late February - early March .