What do you guys think?
We hit almost $70k when no traditional market comes in the play and with the exposure right now with the Bitcoin spot ETF that should be entirely possible considering how scarce it is. It may be a bumpy ride before we get on that level but we will get to that level and I don't doubt that possibility.
Even if we don't have ETFs, traditional investors or large institutions investing in bitcoin, bitcoin hitting $100k won't be too difficult. All we need to do is just wait because no one knows exactly when bitcoin will touch the $100k but it will definitely get there without any doubt.
It could be said that the $100k target would be a memorable milestone for bitcoin but I think that target is too modest for the upcoming bull season as the recent ATH was $69k. I have faith that bitcoin can reach $200k in the upcoming bull season, it will not stop at $100k like many people are saying.