Post
Topic
Board Speculation
Merits 2 from 1 user
Re: Bitcoin to hit $100k?
by
CageMabok
on 09/10/2022, 00:35:42 UTC
⭐ Merited by fillippone (2)
Now is not the time for Bitcoin to shine like a light in the dark because of the various obstacles that occur.
This is not the time to increase just because there are many economic constraints that occur that can have an effect on the price of Bitcoin. I think it's clear, but if the world's economic constraints are in good condition and have no effect on Bitcoin. So I don't think Bitcoin will be as low as it is now even though a decline is a definite thing for Bitcoin, but it won't be as big as it is now.

Quote
The thing that we can do while being patient to see the light that Bitcoin will give to those of us who choose long-term options is to actively monitor every movement.
What I see now are two reasons why people are very active in monitoring every movement of Bitcoin, first because someone wants to buy Bitcoin at a low price and the second is because they want to sell after buying at a low price because they still have a fear of not having time to sell when the price increases. Though those who want to sell can still wait for a higher price than the current one for Bitcoin.