Bitcoin's Potential to Reach $500K in Current Cycle
According to CryptoMichNL, the Bitcoin rainbow chart suggests that the previous cycle did not reach its expected extreme phase. If the current cycle extends over a longer period, Bitcoin's price is anticipated to increase automatically, potentially reaching $500,000.
SourceMichaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast