We can predict some things with some reasonable certainty. Price predictions are all the rage. Bitcoin should have been at million dollars a couple of years ago. The Bitcoin price is determined by
- It's supply which is determined by an algorithm, based how well the difficulty adjusts to changes in the amount of hashing power used for mining.
- The amount buying demand of the market and is unpredictable and is at times irrational
So its all about predicting the demand. Long term I can see this thing go up but I wouldn't be too surprised to see Bitcoin fall to $30k again. Anything could happen.
RE: BTC Top Cap Model