Ok, the amount of dollars needed is WAY higher. It makes a difference. You are probably one of those that thinks btc is going to $1 million in the next 12-18 months, right?
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I’m a perma-bull and you can’t even imagine what I think.
Extending the comparison, it took Bitcoin just over 2.5 years to go from 15k to 125k.
“The amount of dollars needed is way higher” is a mid-curve take.
Price is set at the margin and you don’t need any specific amount of dollars to move price. Just more buyers than sellers.