75K$, I think that BTC is now behaving like gold and is no longer showing great volatility, but is rising slowly but steadily. Due to acceptance and scarcity, which are also rising steadily and slowly. It has become an accepted asset and more and more people are buying it out of conviction and for the long term. When interest rates fall, more money will flow into BTC. Due to the low volatility in recent times, significantly fewer speculators are interested in BTC because it has become too 'boring'.
@SemiGrowth Unfortunately, what you're writing is complete nonsense.... The Volo will remain extreme.... You should look into the subject a little more.
@SemiGrowth Bitcoin has a significantly lower market capitalization than gold and an even lower free float. At the same time, as you rightly pointed out, there are now also institutional investors who can quickly drive up the price with large amounts of capital because the supply available on the market is insufficient. The volatility will certainly decrease over time and Bitcoin might really behave like gold at some point, but I think that will take a few more years.
