I think sub $5k is a reasonable reentry though I still expect it to go down from there. My theory is this: I think the last time bitcoin had reasonable organi

I think sub $5k is a reasonable reentry though I still expect it to go down from there. My theory is this: I think the last time bitcoin had reasonable organic growth was when it was around $300-500 post Gox. The reward halved so you’d naturally expect the price to increase from there, so let’s say $800-$1200 is reasonable to be generous. Now you’ve got a bunch more infrastructure around it and more awareness, so double it or triple it from there— so $1500-$6000 or so seems like a plausible range. I suspect the price in the near future is going to be on the low end of that and stay there for a while.