Post
Topic
Board Speculation
Re: BTC 100K FOR 2024 !
by
JayJuanGee
on 16/06/2023, 04:33:17 UTC
$100k in 2024 probably not yet because we also have to see ATH at $64k must be broken,
and until now $64k is still very strong and Bitcoin price is still trying to break $30k first, yes if you think in 2024 go ahead ,
but I am more realistic that 2024 will still not be and maybe in 2025.
yes I agree with you, it seems that $ 100k this year is still too high because until now bitcoin has not been able to break through the $ 30k resistance and plus now the SEC issue has reappeared making it increasingly difficult for bitcoin to penetrate $ 30k. I'm a little different from you about bullish, I'm more sure if bullish will occur in 2024.
Bitcoin market is in a very bad situation now. But Bitcoin price may be good by the end of 2023. Everyone is hoping that if the Bitcoin market is good, all the traders can recover some of their losses. Many traders are going to dump the price of Bitcoin.  Big losses are in. All those who have invested in Bitcoin are waiting to see when the price of Bitcoin will increase.

I am not going to claim to know what is going to happen, but I know that almost every time when we are in the bear market, then various newbies will be spouting out regarding how bitcoin prices cannot go up and that there is too much resistance and that all the other newbies are going to want to dumb as soon as BTC prices get close to previous ATHs - however, it seems to me that there is a kind of pattern that when the BTC price is going up, all the retail newbie weak hands are not likely going to be enough to keep the honey badger down.

So the mere fact that all your newbie weak-hand buddies are whining that they need to lock in their dollar profits, that seems like a big so what, once the UPpity momentum becomes too much.

Yes, it is possible that the various US Govt attacks can keep king daddy down, but it was also possible that silk road getting taken down in late 2013 could have kept king daddy down too.. but it did not.. it is also possible that the various china shutting down bitcoin exchanges in late 2016 or their shutting down mining in early to mid 2021 could have kept bitcoin down.. but it did not.

So good luck with any theories that involve you failing refusing to sufficiently/adequately prepare for UP because you are too busy thinking that it is not going to go up.