I feel like going all in with my funds in preparation but am still a bit skeptical of unforseen circumstances, what are your thoughts? Do you think BTC could hit a record high of $100k as predicted by many analysts or one should thread with caution. Share your insights (Edited)
When it comes to crytocurrency investment, you must be extremely sceptical of the market. Being sceptical in the sense that any news that hits the market now has the potential to change the entire course of the market this year. If you're a trader, you should be more cautious this year when placing trades because a bad market news can cost you everything. Long-term holders are safer, but you must be patient and work on your emotions about how the market will be affected positively or negatively during your hold.
Bitcoin will reach a new all-time high, and I believe it will surpass the $100,000 mark, as predicted by many analysts. Bitcoin has been following the same consensus since its inception, and all indications are that it has continue to do so after the last halving. If this trend continues, there is no doubt that a new all-time high, giving bitcoin a new value in the six figures, is very possible.