The bitcoin energy-value model currently estimates bitcoin at $50k.
* It is two times cheaper to buy bitcoin than to mine it.
* Exchange liquidity are depleting since 2020
* Next halving in 8 months
* Several big spot ETFs on the verge of being approved
* Inflation still around
IMO, the only reason bitcoin could fall short to medium term from here is if there's a huge economic shitstorm.
Otherwise god candle incoming 🚀😎