BTC: Targets Beyond $100k
Where does BTC go after $100k? Looking at $180k and $250k targets.
i've previously shared targets that $100k on BTC is the absolute minimum we should expect this cycle, and one should avoid selling before that point honestly.
but where to next?
BTC at $100k is 2T mcap on its own.
the next larger levels I'm looking for us to hit are $180k (3.6T) and $250k (5T)
the former would be ~45% of a 8T total crypto market, the latter would be ~50% of a 10T crypto market
I'm expecting Bitcoin dominance to remain decently high against all the top coins, but the % of BTC dominance overall of the market should fall through the cycle purely based on the flood of new coins. (dilution effect, essentially)