Im seeing a lot of bitcoin fans saying things like “bitcoin to $100.000” or “bitcoin to $1.000.000” and while these are just (for the most part) random pricetargets, does anyone have a pricetarget that is based on some logic or calculation? Don’t get me wrong, this is not hate or anything like that, just a question to this community.
For example, my personal pricetarget for 2032 is $68.000. This is based on the (by then) average kWh required to mine BTC, which is roughly 550.000kWh per bitcoin. With a weighted average kWh price of 0,09 and let’s say a 20% margin for the miner this would make the price roughly $68.000 by that time.
Curious to read if any of you have made similar pricetargets and if so, how did you do it?
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