Quote from: Sexylizzy2813 on Today at 06:36:12 PM

Quote from: Zanab247 on July 16, 2023, 07:13:50 PM

Patient is one of the key every BTC holders must embrace when waiting for bull market to come, because is a type of season every long and short BTC holders want to see before the end of the year before they can visit the market to sell. I bought BTC early last year when the price was $20k, and the price has taken a good step early this year to hit $30k which is very close to my expectations before I will start selling my BTC to have another opportunity to buy and hold for another bull to come. If you can endure with the current price situation, and hold not to allow any challenges make you to sell in this condition, I guess you will make a huge amount of profits from your holding soon. If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.

Bitcoin to hit the prize $100k I never see that happening in a very long while. If you say $40k I'll say it might happen but the way the price is moving from $30k down to $29k now I'm not sure $40k will b possible in the next 3 months, I feel before the end of this year it won't get up to $35k talkless of getting to $40k.
Traders really need to apply patience especially now that the prize is look like it will be in their favor maybe in two weeks time it will go up to $31k and stay there for sometime before going back down. I'm just say because like we all know Bitcoin is never stable.

Well there are two things that we can look at, short and long term. If we are looking like short term prospect of the price or at least till the end of this year, maybe $40k-$50 tops for us. But it's going to be very hard and it's a grind every day. We might see another familiar pattern again, which is sideways. So it might take some weeks or months again before the price moves.

Nevertheless as we approach the last quarter, maybe there could be some good movements. But if we talk about long term or at least the next cycle after the block halving, then we might see $100k or even higher. This has been the prediction of many, and I think it's doable. All conditions are going to be ripe in the next bull run and it's going to be history for us if we see 6 digits as a new ATH.