Quote from: Rasa nanas on Today at 09:30:38 AM

Quote from: Renampun on Today at 07:15:04 AM

because this month is not finished then nothing is impossible including bitcoin reaching $100k...

I see a lot of people who have hope for the next bitcoin ATH target, I think hitting $70k or $100k by the end of this year is pretty good. let's see what phenomenon will happen next.

yes the hope is still there but the possibility is very small, plus lately the bitcoin price has continued to decline and there is no sign of a recovery. now the people who are expecting bitcoin price to reach $100k by the end of the year have decreased, most of them have changed their expectations and hope that by early 2022 the bitcoin price will recover and can reach $100k or more.

We may not even see it early in 2022 as the bearish trend could be prolonged for quite some few months. Maybe in the next 5-6 months since we haven't really have experienced bearish season since Bitcoin have pumped from $15k.
The sharpest drop might be around $20k.
But we can expect Bitcoin to be hovering around $40k to $48k for the rest of the days remaining in December, after that the real question begins whether or not Bitcoin would enter th bearish season or not.