Quote from: Ndabagi01 on Today at 09:19:50 AM

Quote from: Ravichnadra on January 04, 2024, 11:40:32 AM

What do you guys think?

Many factors can influence the price of bitcoin, and reaching the $100,000 mark remains a speculative goal that no one can be sure of. The movement of bitcoin cannot predict whether it will reach the $100,000 mark this year, but it is highly possible that it will happen in the next ten years to reach that level due to how bitcoin has evolved since its inception. I'm not saying it won't happen this year, but the current movement doesn't bode well for it; it could happen even next year if the market performs well until the end of the year. All of this is speculative until otherwise proven, so we can't rely on them for the time being.

This market has been speculative for years though, even since in the beginning. So we already understand how everything works, it's volatility, FOMO and what parameters affect the price. The good thing is that many of us knows how to play around and take advantage of it.

And so right now, with the whole ETF approval as 100% already, this could fuel the price to go up and ramp up before the halving. And then with the halving, it will pushes the price, and we all know that it will be the catalyst as we have seen it based on our history. So I think we can see 6 digits as our baseline for a new all time high, and it might peak at around 2025.