Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible
Anything can happen in bitcoin if people start to adopt it. Just imagine the time when the price of bitcoin was just a few pennies and at that time no one even can estimate that the price will continue to rise and will reach to $67000 in 13 years.
Now it is also possible that it reach to $100k within this year.
$100k is far to reach at this time that is why no one had able to talk about it as it was useless. If we are just the ones who control the market, that gonna be possible and instant but we're not, and to think about $100k is over speculated.
This year is not a good year for crypto, I think we are done with the long bullish season and it was the time to face the season that people are worried about the bear season. Although I was positive with the market to see recovery but granted how the history shows long corrections in previous years after the ATH, this will possibly happen again.
It is too early to say that this is not a good year for crypto. We are just in the second month of this year, so we still have a long way to go this year. A lot can still happen and who knows, these coming months may give us a surprise? It may not be the same as previous bearish years, because we have different adoption today. There are even countries like El Salvador which has bitcoin as legal tender. And possibly, some will follow their path. So I am still optimistic about btc but don't overestimate btc as it may greatly affect your financial decisions.