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RE: If Bitcoin reverts to its long term trend... $42k by the end of this year?
The long term trend is without most of the people engaging in the market. I doubt that will continue much longer. Too many other trends show dollar flight.
So, i believe your numbers are going to passed like some hot rod on a dark night on an empty highway.
But then, you have to take into account that at some point the bitcoin HODLers are going to sell. You know, why put off that house purchase, when its 1 bitcoin.
But, will they be selling / trading into infinite demand? or into tepid demand?
Yes, keep in mind those numbers are at trend line... Look what happens if bitcoin goes above that trend like it has several other times previously. :)