Post
Topic
Board Speculation
Re: Bitcoin will reach $100k within 5 years from now
by
javadsalehi
on 16/08/2019, 16:45:28 UTC
3 years tops and probably way sooner for 100k.

I think potentially we’ll see $100,000 per BTC at some point towards the end of 2021. My reasoning for this is that it usually takes a while for the reduced supply of bitcoin’s (due to the halving) to be reflected in the price. It’s all about the supply & demand - reduced supply & increased demand = MOON!

Many people are waiting for halving. According to the diagrams, after both past halvings, the price has increased for a bout year. One in 2013 after 2012 halving and another one in 2017 after 2016 halving. If the pattern repeats, we should see a new all time in lately 2021. It can be 100,000 or even more. But nothing in the market is predictable. Should just wait and see if pattern repeats.
well halving is not enough reason for bitcoin to climb $100k, although im sure bitcoin will reach that price by year 2024 ,bitcoin on that year is already strong.

2024? Why do you think that? Better to provide some reasons for what you predict. Unfortunately people are just guessing prices for different  years.
Any way, you said you are sure of that. Why do you have such an idea?