Post
Topic
Board Speculation
Re: Hold coin
by
Jating
on 06/08/2023, 11:05:22 UTC
[snip]

I think BTC broke his ATH in the year 2025 and make a new ATH on 100k what is your opinion?
The answer is Bitcoins. I like that you have tried to answer well why it should be Bitcoin. It's a coin that's always better to hold onto over the long term.

$100k new ATH price prediction and many will agree on that price. By the way, you don't look like a beginner anymore because your thinking is like a senior in providing Bitcoin price analysis.
How confident are you about the next ATH price because Standard Chartered has changed its Bitcoin price prediction from $100k to $120k next year.
I like your boldness in predicting Bitcoin price. Actually, a lot of factors,  including those you pointed out, also support your prediction. Even the Bitcoin halving of next year also support a new ATH.

Halving is the catalyst, and that's why we have 4 year cycle, bear and bull. For the bull run to happen, we might need to see the block halving, in April, and then after that, going to be a slow process and then at the end of 2024, the bull run is in full swing.

However, we should not forget that nothing is certain as regards to the market. The best we can do is to guess and this can be right or wrong. This is why it is advisable to invest wisely.

Of course, we don't know what the future holds, but if we look at the history of bitcoin, right after the halving, a bull run is imminent and eventually we are going to get to that. It's just what price will be our new all time high next bull run.