Post
Topic
Board Speculation
Re: Btc $100k prediction by eoy
by
Slow death
on 20/09/2021, 17:20:48 UTC
Large scale institutions are doing all in their power to accumulate as much as possible at their lowest prices.

speaking of which, check this out:

El Salvador acts on Bitcoin price dip and buys 150 BTC

now even El Salvador is buy the dip

But we will find out how things play out. People have been predicting bitcoin to hit $100K+ by the eoy and with 3.5 months left, we're nowhere close. Though I felt the same way, sometime like maybe its a pipe dream.. but a lot of people still believe this, and one thing that I think I saw for certain the other day.. That Walmart fake news for example.. The price within 10 minutes went from like 44k to like 47k .. I don't think that was small investors who drove price up that fast, I think that was institutional money buying the fake news..

look at the chart, if the price managed to break $52500 and consolidate above $52500 then in a short time the price would try to break the ATH and only after breaking the ATH can we dream of $100K.