Post
Topic
Board Speculation
Re: Best Bitcoin Price Predictions
by
adaseb
on 08/04/2021, 14:07:28 UTC
One thing you need to consider is this. This rally seems to be over-extended anyways however another leg up or two is possible. However keep in mind that if everybody is at least expecting >$100K most likely it won't happen. Well it might but not in the way most people think.

I think there is going to be massive selling pressure at $100K because its where most people want to take profit. Especially the people that bought at $20K. So there is a good chance that it might come close to $100K like $90K and head back down. Then we might get some mini bear market where it retests $30K or $20K and then in a year or two it might break $100K.

Right now there is just way too much bullish people and in the end you know how it ends up.