What is Nostr?
Dr. Jeff / Dr. Jeff Ross
npub1k7v…c04l
2025-02-26 20:22:55

Dr. Jeff on Nostr: UPDATE: Admittedly, I was beginning to think #bitcoin might not achieve step 2, but ...

UPDATE:

Admittedly, I was beginning to think #bitcoin might not achieve step 2, but here we are. 👀

We are on the cusp of step 3, imho.

Obviously just my guesses... I don't know the future any better than the next guy or gal.

Onwards. ⚡

Delayed effects of remarkable dollar strength (and its effects on global M2) since the beginning of 4Q 2024 finally setting in to #bitcoin?

Range guesses (and order) still in play:
1. 105k-120k (already achieved?)
2. 75k-85k (probable low watermark for late 2024 or early 2025)
3. Zig zag higher, with mid-summer 2025 challenges
4. Ultimately, 200k-1M (target: #475k) still in play for 4Q 2025 or even 1Q 2026, until (when/if) the facts change

Just my guesses, obviously.
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