Post
Topic
Board Speculation
Re: Will Bitcoin hit 100k or more in 2022?
by
tippytoes
on 22/08/2022, 23:05:37 UTC
Anything can happen, sometimes the movement of Bitcoin is wild and uncontrollably, at this time the price is around $ 23k but it does not rule out the end of the year to reach $ 100k, I am always optimistic to continue to buy and make for long -term investment, the fact that prices can skyrocket in a short time Makes me never bodily and panic when the price is dropping.
It's good that you never panic when the price drops and keep making purchases because now the Bitcoin price is under $23K again and I think it will be much better if you want to buy it in very large quantities if you have high confidence in Bitcoin right now . Because Bitcoin still has the potential to increase more even though it is currently still experiencing frequent declines after increasing by a few percent.
I'm also optimistic about bitcoin and its possible new all time high but to be honest, i'm not expecting for bitcoin price to reach $100k this year as we are already close to the last quarter but still bitcoin is not showing high surges. However, its also an opportunity for us to see bitcoin still in a low price since it will give us chances to increase the quantity of our owned bitcoin through buying at its low and affordable price, and hold them for long term.

The possibility is always there but sometimes we need to look at things realistically, so we can prepare on what may possibly come in the next coming months.  $100k is still high for me considering we only have few months left. But we can't say it will not happen as we have seen, even a 24-hr period in this market can surprise us, depending on the news that will hit in this market.