IMO, Saying they are too obsessed which is why they speculate $1 million is like giving an excuse for them, for me it's impatient they are exercising and not obsession. I bet you should bitcoin hit a $1 million price today or in the next bull run many people will be scared of continuing suspecting a fowl play next on.
It's like launching Bitcoin to the moon directly with a high-speed rocket, then releasing it to the earth again until it hits the ground and it's over.
What is done instantly is not good and there will be some negative effects.
Bitcoin has high volatility and its price will fluctuate, this will make bitcoin rise and fall gradually following how market demand and market trends.
All of that is a process that is current and to be able to achieve certain goals and there will be several obstacles that must be faced.
$100k sounds logical, achievable somehow and if it doesn't we all have to be cool with what price we get, plus or minus we won't be gettingand a poor price.
Very logical and it is a common prediction expected by many traders today.
Stay patient and calm with the price we bought today.
Stick to one target and it will be profitable.
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And it's not exactly odd or weird that people expect more from a coin that has already performed as well as Bitcoin, I mean at most the last ATH would probably be their minimum standard at that point. Yes, it can also be impossible for Bitcoin to not reach a new ATH, but hey, it hasn't failed us at least these past few halvings though, at least for now.
yes Bitcoin always satisfies everyone when the Halving happens.
We will pass the 4th Halving quite well and it will be a new history in the growth of Bitcoin.