Post
Topic
Board Speculation
Re: Bitcoin on its way to $100000?!
by
xmonkeyx
on 02/02/2022, 04:36:23 UTC
Hey guys, will Bitcoin go to $100k?
On my opinion yes.
I was looking at my indicator on monthly basis. Every time bitcoim holds the red line, it raises to new ATH.
https://de.tradingview.com/x/BYAvkZC8

Based on this, it can go to around $100k
https://de.tradingview.com/x/QVb7RifK
On the other hand, if BTC close under this red line it will go lower.

What do you think?
if you look at it since the first Bitcoin price has always been able to recover and reach new highs, I believe that.
The price of 100k has been predicted a lot since a few months ago but it never came, on the contrary we continue to be in a bear market for now, and we don't know for sure how long the downward trend in the market like today will continue even though there is an increase in the price of Bitcoin. in the last few days which was able to rise to the price of 38k I don't think it can be said that the bear market has passed.
New ATH will definitely come, but don't know when it will happen, sooner or later. we just wait.