Post
Topic
Board Speculation
Re: Bitcoin to hit $100k?
by
BobK71
on 10/10/2022, 12:34:16 UTC
$100k for Bitcoin is still very achievable but indeed all of us as holders must be patient,
because in the bearish season there will certainly be many who sell Bitcoin instead of buying this is why the price dumps and frustrates a lot of holders,
I'm still sure in 2025 maybe Bitcoin will reach $100k or even more.
Maybe the phrase "Bitcoin price increase is only a matter of time" we have heard very often and I am also one of the people who still strongly adhere to that sentence.
Now is not the time for Bitcoin to shine like a light in the dark because of the various obstacles that occur.

$100K will be achieved, if the assumption is possible to happen in 2025, at first glance it cannot be accurately ascertained because the world's economic and geopolitical instability is still the basis for consideration.
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.
Whatever we say, everyone is aware of the global situation. If this war continues it will never bring anything good. It is possible that the situation will take a turn for the worse. If the war doesn't last long we may soon see bitcoin new ATH. As the market has been in recession for a long time. But 2024 could be the year for BTC.
Yes many people have lost a lot due to the bad market conditions. But I think that Bitcoin price will rise again next year. We will have to wait for that and there is nothing we can do. Until this market is fixed there is no  We will not get peace by doing anything.
In my opinion current situation of market wasn't so good , and many technical analysist were saying that bitcoin can more down in this year. And it's also noticeable that it can't create a good resistance so I think it will take more time to recover. But  in many analysts opinion says that in 2024 bitcoin will start bull run and then we can also able to see new ath.
As long as the market is bullish, it should not expect the price of Bitcoin to reach $100k. Moreover, the market is currently long bearish because the financial condition of the world is very bad. War and the same time Inflation is increasing turn. As a result, bad conditions are prevailing in each sector.. It's hard to expect anything good at this moment. But this is a very good opportunity to buy. Even if the market takes some time, we can expect $100k again in the bullish period.