Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Could Bitcoin reach $100k in 2020?
https://www.newsbtc.com/2019/05/25/could-bitcoin-reach-100000-in-2020-this-indicator-says-aye/
https://www.newsbtc.com/2019/05/25/could-bitcoin-reach-100000-in-2020-this-indicator-says-aye/
Im gonna say no. 2021 - 2022 is a much more realistic target but Id fucking love to be proved wrong on that.
@Hairy, whats your prediction for $100,000, as in time frame?
Possibly this can be an insight to your question as it has already be analysis by one of our own on this forum, am pretty much in support with this
Well, I checked and compared the previous halvings just right now:
- Both hyped BTC x10
- Both ATH followed with a crash (or what we call a correction here) during several months
If we continue to compare with the previous halving, the $3,200 bottom we got not long ago was 'normal' or 'predictable'. And if Bitcoin goes up x10 like previously: $8k x 10=$80,000. So $100k more or less is possible, I finally changing my mind and admit it's possible. Even after a 'crash' if BTC ends on $70,000 I will be happy still ^^