Post
Topic
Board Speculation
Re: will the btc price reach 100k ?
by
cyberninja2
on 06/01/2024, 07:16:15 UTC
Bitcoin went up around 160% in the past year. If we see an increase like that this year then it will surely surpass $100,000. A lot of longer term holders will be looking to sell the higher it goes up so I wouldn't count on it reaching that price anytime soon but it is very plausible that it will hit $100k in the 4 years prior to the 2028 halving. As long as there continues to be the level of demand we are seeing for Bitcoin, it is natural to expect to see a price surge due to the decreasing block reward making it harder for people to acquire it in large sums.
The surge in bitcoin prices is a form of our gratitude to the manager, because some experts who have been involved in this performance for a long time, some have never sold at all.
According to their thoughts, they had predicted the price spike 4 years earlier today. They will always follow world developments regarding Bitcoin. Most likely, if the price has increased like now, they will become a famous expert.