Post
Topic
Board Speculation
Re: BTC 100K FOR 2024 !
by
JayJuanGee
on 30/07/2023, 16:36:58 UTC
Halving being around the corner is what has given so many people high hopes for expectations, but let us not expect a very big move on that halving year; too much expectation is what led to disappointment. In the halving year, we might just experience some positive price impact, but bitcoin might not be able to break into a new ATH that same year, although there are greater possibilities for that to happen. I expect a huge move to come from the end of the halving year to the upper year, which is 2025. That is when I expect the impact of the halving to show deeply on the bitcoin price.
Lol, it's just all about expectation, hope, and speculation. Whoever wants to get disappointed chose that for themselves. I know that it has been said here countless times that Bitcoin investment is not just what one should cast all their hopes on, as there's no guarantee that one can make profit at their own pace. I have also been living in so much speculation like others, but it's not even as if I already have a certain goal set aside to do with my profit if Bitcoin gets to $100k next year or 2025. I'm just there; unless I see a very high price, like $100k, I can sell some percentage of my holding and wait for a bear market, then buy back to increase my holding. Like you said, it might break a new ATH, but what if we only experience a bull run of, let's say, $60k–69k? What if there's no new ATH after the next halving?

You may or may not be able to buy BTC back for a price that is less than the amount that you sold, including at around $100k, so any calculation that you make in regards to whether and/or how much you sell should include considerations that you may or may not be able to buy back the amount that you sold, especially for cheaper than the price that you sold them at.