Things have been pretty wild here for the last few months in the crypto sector. What was once a $16,000 token just 18 months ago is now valued at $109,000. But is this the end of the cycle or are things going to really heat up as Trump takes office today?

I've been back and forth on this in my own mind for some time now and a larger part of me is feeling like this bull run might have already hit it's peak. Or has it? Honestly I keep going back and forth and I'm nearly middle ground at the moment.

On one had crypto has been rallied like crazy over the last 18 months. While you might not feel it on all cryptos as there's just too many for all of them to go up these days the main one have increased in a rather large amount of value.

We also seemed to have hit the normal milestones of a cycle already. We had the ETF approvals and massive rally on Bitcoin, which then went into Meme coins for about 2-3 months remember PEPE etc? We then went into the crazy era were a bunch of random jump projects have taken off the most recent would be Trumps coin lol like wtf

When you look at it that way we have the complete normal cycle of a bull run...

But then we also have a major factor coming into play or what should be one. And that's Trump taking office and a very pro crypto government. Along with talks of making a much more favorable environment for not only miners but also businesses which means start ups and existing platforms as well as a government strategic reserve.

Those three core things alone should be enough to make this all very bullish. and don't get me wrong they are. But a lot needs to take place and quickly. If executive orders etc don't come flying out of the woodwork in the first month I have a feel the crypto markets will struggle so that's going to be a key point indicator as to where we most likely will be headed at least in the short term.

Last Bull Cut Short

Another unique factor that's currently playing into this as well is that the last bull run was actully cut short by covid, inflation and just the entire world going stagnate.

Millions of people lost jobs, liquidity was at all time lows and everything pretty much came to a screeching halt.

The theory now is as the economy is starting to come back and many believe the next 4 years will be very profitable for the USA that this fuels this bull run from the short comings of the last bull run.

My target price for bitcoin was $114,000 this bull run cycle and so far that number seems to be holding up well and I personally think if the election and trump were not going in that this bull run would be just about over.

But now factor in those other things and it starts to make a education prediction a lot harder. I could maybe see a $300,000 BTC price within the next 4 years but a lot of adoption from governments and a crypto race between countries would really have to kick off.

What's your peak BTC price prediction?

Posted Using INLEO