Post
Topic
Board Speculation
Re: Why I am confident Bitcoin price will still rise A LOT before the next big crash
by
usekevin
on 07/03/2021, 21:39:09 UTC
Maybe the price will hit $100k this year, but with more volatility and unpredicted movements. But I am waiting for the high price, and I am sure many of us will have the same reason Grin

The next bitcoin movement will not be the same as 2017 because many things already change, including support from the big company and more new people who invest in bitcoin. But the dump can be any price, and it can get down as lower as before.
If it ever hits 100k USD this year, I believe that volatility would be checked and I don't think that it will be the least of our worries, what I worry is that when the price reach that point, a sudden downturn will happen and I don't mean just any downturn but a big one because a lot will not be able to hold on any longer and they see 100k USD as a good price to get out of the market and wait for it to go down. It is already evident that this year's run is not the same as 2017 the moment that bitcoin was still going strong despite reaching the end of the 3rd week of January.

You sound like the people saying the same about $10k. We nearly doubled it with the FOMO.
100K WILL GET HIT.

I agree $100k is where you should think about taking profits before the new bear season.
It will ATH anywhere from $101k to $300k...

The price of 100k$ was seems to be high. But high market can be captured by the sudden fall or rise.