Plus, even if we do reach $200k, high probability we settle back to $65k-$100k (support levels) for the next 12-18 months.
Discussion
It’s entirely possible, lows in current cycle are usually around peak of previous cycle, which would be the range you stated. I remember last cycle seemed like everyone was calling for $100-220K per coin EASILY and we peaked at $70K. Last cycle we did have FTX, Luna and Celcius cause some major downside pressure so I think if those didn’t happen we could have gone a lot higher be alas we did not.