Post
Topic
Board Speculation
Re: Do you see BTC @ $100k?
by
Yaunfitda
on 10/08/2022, 09:32:35 UTC
I agree with you, those investors waiting to hit $100k they will have less patience than others. Because whenever it reaches $100K, it will return to the bottom due to the sell pressure. I think bitcoin price is better at $60k to $70k than $100k. I always look forward to its stability than hype.
Well, it's very clear that any hype on cryptocurrencies will never run for long so there will be no stability in it and that's not very good if it happens to Bitcoin.
And I also agree with what you said where Bitcoin is better at $60k to $70k slowly increasing (not because of the hype) so the selling pressure on Bitcoin won't be as big even though it will also happen on Bitcoin
But I believed that even with bitcoin, there will be some kind if hype, positive news that will make the investors pour more money, unless we are really in a bull run wherein everyone wanted to FOMO and doesn't want to missed the boat.

It might take some time though to hit $60k-$70k, maybe it will be in the next bull run.

And yeah, this could be part of a huge bull run to the tune of a massive bull run to 6 digits, going to be exciting to see that in 2024-2025.