We know for a fact that Bitcoin is going to reach this level but we cannot be sure about the timing as most of the Bitcoin doesn't go a super our prediction because I have come across and even myself made similar predictions back in December 2017 stating Bitcoin will reach $1,00,000 in 2018 but that turned out to be bearish year for Bitcoin.
so you mean the current conditions are not much different from the conditions in 2017 and most likely in 2022 it will be bearish like 2018?
then how about the bitcoin price recovery is very fast and bitcoin reaches ATH twice in one year? it seems that fact is enough to prove that the current condition of bitcoin is very different from 2017. I think a bear market like 2018 will not happen again because currently bitcoin investors have grown very rapidly.
If we look at Bitcoin's performance this year, I think it's very different from what happened in 2017. This year many institutions have joined,
meaning Bitcoin this year is much stronger, and what happened in 2018 should not be repeated in 2022. I'm even optimistic that in 2022
the development of Bitcoin will accelerate and Bitcoin will reach a price of $150k. Indeed, Bitcoin is currently experiencing a bearish trend
and it is difficult to get back above the $50k price. But this will only be until the end of this year, my prediction is that entering the beginning of
2022 Bitcoin will slowly recover. So there is no need to worry about the Bitcoin situation now, even if I have extra money I will buy more Bitcoin now.