Post
Topic
Board Speculation
Re: Bitcoin will reach 100K! OK and then?
by
CryptopreneurBrainboss
on 18/01/2021, 04:33:57 UTC
Many predicts bitcoin will reach 100K, 160K even 200K and more. but no one say what happen then? what happen when reach for example 100K? will be stable, fall to zero, continue with correction or raise more? what is your suggestion  Huh

Nobody knows until we reach that milestone and get the surprise that it holds. If years back you were asked what will possible be the scenario when we hit the previous all time high of $20k what would your prediction had been? With all your efforts of been optimistic, a dump or flash correction would had been your easy guess but it didn't turn out that way.

The market continue soaring higher reaching new milestone with weeks. If you observe carefully many speculators have the $100k milestone at sight instead of other smaller trading value, meaning we might experience similar fate that befall the $20k milestone as that was also how that milestone was a focus point.

The possibility of that price have a very strong resistance is certain unless other factors has its effect on the market like bullish news on adoption, government approval or institutional investors etc.