Elementary Bitcoin in its entirety for beginnersUnlike all kinds of cryptocurrencies, the issue of Bitcoin is limited by the condition of a regular reduction in the size of the mining reward. Naturally, the American dollar will always be issued without any special restrictions. This allows you to make a basic calculation: “infinity” divided by “21 million” = “infinity”. That is, theoretically, in the infinite future, Bitcoin can cost as much as you like; based on general data, you can already calculate the nearest maximum target of $120k at the end of 2025. Of course people won't spend all their dollars on Bitcoin because they have other needs to survive. People will buy and sell Bitcoin to achieve their budget goals. Therefore, the price will not rise every day.
Looking at the figure, you can see three symbolic exponents (blue at the bottom, red at the top and orange in the middle) the struggle between buyers and sellers unfolds. But this is not a fact that the price will reach them, since the real exponential median is extended into eternity, or at least for the next hundred years until all Bitcoin is mined. The most likely upward trend will fluctuate around a straight white line. I think the price will charge below this line and shoot exponentially much higher again and again as mankind's speculative sentiment never runs out.
Therefore, in the near future, since the price has not reached its nearest maximum immediately, a break is needed to recharge. Anything can happen at once, but most likely it will drop below the previously mentioned orange exponential and below the white straight line to collect at least part of the liquidity between $28k-33k and reverse fast back to its nearest target at $120k. I believe this downward and upward movement will occur before the end of 2025. However, from my own experience, I can note that my scenarios are implemented much faster because we are not given time, we create it ourselves. Therefore, just stay in touch and watch the unfold of events vertically if you are not in a hurry. =]
I still provide brief comments as the story progresses from that “Watchlist, details and news” section in the upper right corner of the screen on the stationary monitor.
Best wishes.
