Post
Topic
Board Speculation
Re: Will Bitcoin hit 100k or more in 2022?
by
Smack That Ace
on 22/08/2022, 05:31:41 UTC

We could be 20k to 50k in this year, and then next year starts and we go from 50k to 100k and that would be more reasonable and easy.
Can you explain why you think Bitcoin price will grow from around $50k to $100k next year?
To be honest, I don't see a chance that Bitcoin to reach $100k before 2024-2025. In my opinion, Bitcoin price will have a chance to move to $100k in the next bullrun and it probably happens in 2025. I can predict this since the next Bitcoin halving is in May 2024. While the bullrun is predicted to happen 1 year after Bitcoin halving.



That's for sure, bitcoin won't be able to hit $100k or a new ATH before the halving happens. In the near future, there are no major news events that will cause bitcoin's price to rise. Most previous ATHs will only happen after the halving event, combined with the current unstable economic situation, we should not put too much hope that bitcoin will have a good price in the near future.
If bitcoin can hit $30k by the end of the year, for me that is already a success, a good step towards conquering new ATH.