Post
Topic
Board Speculation
Re: will the btc price reach 100k ?
by
salad daging
on 21/02/2024, 21:33:59 UTC
It's hard to predict accurately but anything can happen in the crypto market. However, I see the potential for BTC price increases during the Halving to only potentially reach above $80k. Maybe a potential $100k Bitcoin price increase during the fifth halving.
The potential that will be generated through the halving effect can still occur in Bitcoin, but I will not immediately predict that the price of Bitcoin will immediately reach $100K even though this price range could also be quite possible for Bitcoin to achieve. However, considering that currently it is still in the $50K range, I am more confident in the $80K range as you say because considering the sharp rate of increase in prices in the market it will not always be the same every month.
Before the halving other effects can also affect bitcoin for example maybe ETF approval at least there is this factor why the price of bitcoin now, some say we are in a bullish trend phase then this is probably just that the halving has not yet occurred but curiosity will always be there what the highest price will be.

I still believe $100K is still realistic even some say above it is not impossible because the market performance is now continuing to increase no longer will soon approach the previous ATH or is it before the halving?
After the halving and waiting a few months then that's what we will know.