Post
Topic
Board Speculation
Re: Bitcoin on its way to $100000?!
by
lizarder
on 09/02/2022, 08:07:57 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?
There is a possibility that bitcoin will reach $100k, but not in the short term, because right now the market is still in a phase of severe correction, but in the long term it is very likely that bitcoin will reach that price, the recovery of the correction is only able to make bitcoin reach a new ATH, but not at the same price. you mention, because getting to that $100k price tag takes a long time to my understanding.