Post
Topic
Board Speculation
Re: Will BTC reach $100,000 in December?
by
batang_bitcoin
on 29/10/2021, 18:52:17 UTC
Bitcoin at its current price at $60,555 is too far from its price prediction of $100k by december. With two more months left, i think bitcoin will find it hard to break through from its previous ATH because bitcoin has only maintained its price from $60k-$63k and then goes down again. Though bitcoin is very volatile and unpredictable, but if it could make a big leap from its present price, it could only be $70k-$80k as for this year's prediction. Having $100k will only be visible by next year with or without price correction.
We have seen a lot of times that bitcoin moved a lot within short range of time. But there's also fact in what you've said that it might not break $100k by the end of this year.
It doesn't matter whether it will or not, as long as I wish to see that it goes stable from $50k-$60k and it will no longer drop at that price because that price range is good as stable and comfort. Well, this is bitcoin that's highly volatile at most times.