What happened to the $100k BTC by the end of the year prediction everyone was saying?


A few months ago it seemed like everyone influential in crypto was predicting $100k BTC by the end of the year. However, it doesn’t look like that’s going to happen with the state of the market at the moment. It would take something absolutely miraculous to essentially double BTC’s market cap by the end of the year. This confirms two things to me:

1.) It seems like many crypto investors, especially the influential onces are still way too optimistic and everything they say should be taken with a grain of salt.

2.) The “so called” experts that keep being asked for predictions have no idea what they’re talking about, just pulling random predictions out of their behind.

3.) Technical analysis in crypto can only tell you so much. Essentially, everybody (including the “experts”) knows shit about fuck, and you’re much better doing your own research than investing based on what these bozos say.


submitted by /u/Hsiang7
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