Post
Topic
Board Trading Discussion
Re: Bitcoin is expected to reach the heights.
by
nelson4lov
on 03/08/2020, 13:38:28 UTC
Bitcoin is expected to reach the heights of $100K. Also, Bitcoin's price surged after the first halving event. How realistic it is? Read more
https://coinpedia.org/news/bitcoin-reaching-100k-is-conservative-samson-mow/


I think an expectation of $100,000 is a too high given the current circumstances. Money won't just flow from the thin air. We all knew that Bitcoin was going to experience some growth after the halving event back in May. But $100K per 1 Bitcoin is a farfetched. During the 2017 bull run, We heard 100s of different predictions from Bitcoin experts about how Bitcoin was going to hit $40K, $50K and then $500K by the end of that year. Turned out everyone was just carried away with profits from the run that they started making unrealistic predictions.