I made that pick many months ago. I just based it on a normal bull cycle where the peak would be hit some time around Q3 or Q4 of 2025 so I figured we would be reaching the previous ATH sometime in Q4 2024 and then getting to 100k in early 2025. If I were to reassess now I would probably move it up a bit as I think with the halving, etfs, fed pivot all coinciding with very little supply available it could move up the timeline. But you never know. We might get to 80k and the US gov decides now is a good time to sell all our Bitcoin and stop this freight train or the Mt Gox bitcoin payouts happen and people sell because the price is up. All kinds of exciting things could happen.

It's not out of the realm of possibility we don't hit 100k this cycle and no one wins. We could also see something crazy where bitcoin shoots from 45k to 100k a couple weeks after the etfs launch if demand is significantly higher than expected.