I think a realistic prediction for Bitcoin's new all time high between 2024-2025 is in the 100k-105k range.
Some people might find this a bearish prediction but considering the diminishing returns over time, I think that an approximate 1.5x from the previous 69k top (103k) or an approximate 6x from our current bottom 17k (102k) is a realistic scenario.
Another factor to consider is the halvings are becoming less impactful on the amount of bitcoin being mined.
What do you think? Is this realistic or too bearish? If you agree/disagree, what is your prediction and what is it based on?
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