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Ps5 will release in 2020/2021 most likely. Ps4 will have a super slim version by then and it will still be selling well in 2021/22/23. I give it a chance of getting as low as $99. $129 is very doable though.

Sony will be keen to get ps4 as cheap as possible for after the ps5 release to grow the brand in regions like eastern Europe, Africa, south America, India, China etc.