>>60623484 (OP)How can you make projections when you dont understand whats driving it up?
I have a theory, its just a theory but its better than tea leaf reading you people do.
Whats happening is since 2008 the investors have had free cash to throw at investments. The ONLY metric they judge by is 'does line go up'. BTC meets that metric & has had increasing amounts of cash thrown at it.
The party ends when the investors run out of cash (inflation?). Idk when that is.
The way to make money today is sell investments to investors.
Same as it ever was; you want your company to have rich customers. Today the customers are investors, and the product they want are long term investments