Post
Topic
Board Bitcoin Discussion
Re: The Bitcoin market is back on track
by
Solosanz
on 26/04/2023, 14:37:07 UTC
Bitcoin market all-time high is $69,000. But in 2023, $31000 is the maximum. It is not possible for Bitcoin to go from $31k to $100k. Bitcoin won't reach $100k as easily as we think. Here we have to see a lot of volatility in the market for Bitcoin to reach $100k. Maybe by 2023 Bitcoin can take position between $40k to $50k dollars. But such market volatility can be good or bad. But we do not accept that this instability will lead to good. But we have to remember that we have to move forward with this instability of the market.
Now Bitcoin price is almost hit $30K and you have predicted the Bitcoin price in the end of this year will take around $40K to $50K, how you can still say such volatility can be bad? Everyone are accepting instability of Bitcoin price, if someone can't accept it, he shouldn't invest in the first place. This is not only invest in Bitcoin, but the other assets too e.g. precious metal, real estate, stock because those assets price are having their own volatility too.