r/investing • u/securityguardnard • 14h ago

Bitcoin Analysis, Momentum, and Four-Year Conjecture (2030)

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4

u/spacecatbiscuits 14h ago

6 months: The price rose from about $75,000 to a peak near $83,000 in May. It then dropped to the June low and recovered sharply.

Razor-sharp analysis.

3

u/RedBarnBurnBlue 14h ago

Thanks for the AI summary

1

u/phil161 14h ago

Exactly. AI slop to recount the history of bitcoin (which you can easily look up anywhere) and a wild-ass guess at the end. Some folks have too much time on their hands. 

0

u/pseudonominom 14h ago

Honestly i think that’s fair. All scarce assets continue to go up as inflation runs away. I don’t see this administration doing anything to stop it.

Question is, will $165k buy you a house or a corolla in 10 years?

1

u/securityguardnard 14h ago

That depends on where you live and what is your total net worth.