Short excerpt from a YouTube video by Kosta Ouzas ("Temporary Bearish Top Deviation") discussing whether a cryptocurrency can reach a target price of 200k. The speaker says it is possible but increasingly difficult and reports a calculation that achieving 200k would require roughly 0.6% average daily growth, every day on average, with some days needing to be higher.
About 0.6% per day (every day on average).
This is what seems to happen over and over again. And you know, there is so much to say. Many people are asking me, are we going to a 200k? We don't know. We could. It's becoming more and more difficult. It's not out of the question. The coin has done crazier swing before. But right now, you know, I did a recent calculation that we will need something close to 0.6% a day and every single day in average, right? So that means someday, even better than that, to reach this goal of 200k.
