Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Hits Record $48.2K
by
Kittygalore
on 10/02/2021, 10:22:07 UTC
Sooner or later, it will break $50,000. Bitcoin will have more power to increase this year, and with the increases yesterday, it proves to us that bitcoin can be more than $75,000 this year. But still, it is too high to expect bitcoin price can increase more than $100,000. I am sure many of us are waiting for the next new ATH because that will make us make a big profit.
I can see a pattern that this next break on 50k will be easy like what happened at 30k being easily broken after a hard resistance at around the 20k. 75k is a far fetch for now but with Tesla's action, I think that there is more to come but 100k is not impossible, we never expected this current prices back when bitcoin was still 10 dollar apiece so we just have to trust the volatility of bitcoin and that it will only go up. One thing that worries me is that we might reach a prices that are unattainable for certain people which will defeat the purpose of bitcoin of being an all walks of life investment.