Post
Topic
Board Speculation
Re: will the btc price reach 100k ?
by
zaim7413
on 31/01/2024, 14:01:49 UTC
While it might seem implausible in the near term considering current market conditions, forecasting over a longer period, like 10 years, opens up possibilities for significant changes in the cryptocurrency landscape.
Even though there is a correction that seems significant, the current correction could be the beginning of an increase after the halving. It seems that the pattern that occurred this time is similar to what happened before. The presence of signs of preparation for a post-halving rally in Bitcoin price action arises from the belief that Bitcoin supply and demand dynamics could play a crucial role. Speculation has arisen as to whether Bitcoin has the potential to reach $100,000, if historical patterns repeat themselves such as Halving events that occur about once every four years, the potential for Bitcoin to set a new record high may occur.