Post
Topic
Board Bitcoin Discussion
Re: What is going on???
by
Argoo
on 26/05/2022, 19:51:09 UTC
When I purchased early on, the price for a btc was $11,000 . a few months ago, I can recall the price level
was $63,000 . I just knew that it was going to hit the $100,000 mark...Now as of today its $30,180

What is going on???  Also, can anyone predetermine if the btc will reach the $100,000 and is the btc
worth the investment...An educated guess, is acceptable!

If you buy bitcoin for 11k and then you see it went up to 63k even $69k if counting ATH. So what worries you is that it won't hit $100k in the future and it's not worth the investment. You should remember that no market goes up forever without falling, current volatility is a regular occurrence in financial markets in general.

Bitcoin will definitely hit the $100k, but no one can tell you when it will arrive, be patient and wait. It will definitely come.
Any predictions about whether and when bitcoin will hit $100,000 will remain only predictions based broadly on its previous price history. But what happened in the past will not necessarily be repeated in the future. Cryptocurrency is subject to so many risks and too many factors of our reality affect its price. Also, the attitude of the leading states towards it will continue to influence the cryptocurrency market, first of all. So far, the final attitude of states towards cryptocurrency has not been developed. Predictions in this regard are useless. Cryptocurrency is a completely new phenomenon in the financial sector and we are all here at our own peril and risk.