12k is the average price of the market at the moment. we might 14x / 24x (depending on where you are starting) in the next ten years. BTC will be at around 200k $ at that time.
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BTC got overheated quickly last bull season, therefore it has to cool off and by the looks of it there is a lot of space to move sideways, sideways it is then.
So far and recently BTC has been correlated more to tech stocks rather than gold but keep in mind that this can change, interesting times ahead. Personally, I am not buying ALTS yet for sure (drops more than BTC when BTC dumps), when it comes to Bitcoin, still awaiting fair value or below fair value to hit which at this time would be BTC below 30k or below 25k.
So far and recently BTC has been correlated more to tech stocks rather than gold but keep in mind that this can change, interesting times ahead. Personally, I am not buying ALTS yet for sure (drops more than BTC when BTC dumps), when it comes to Bitcoin, still awaiting fair value or below fair value to hit which at this time would be BTC below 30k or below 25k.