DrJeff on Nostr: UPDATE: Prognosticating the future is a fool's errand... but here we are. Don't lose ...
UPDATE: Prognosticating the future is a fool's errand... but here we are.
Don't lose the plot. 👀
Big things happening--and major #macro pivots afoot--in the coming days/weeks, I suspect. 🍿
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.
Published at
2025-01-09 19:24:25Event JSON
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