We have seen Bitcoin reach 70k USD and it even reached a point of 71k briefly. We are seeing history being made right here with the new all time high being set once again and it is happening even before halving.
I have high expectations that bitcoin will reach 100k but will it reach 100k without any major decline in price? Does it seem realistic that from 70k, bitcoin will continuously rise up?
the speed of increment of Bitcoin in 2024 it is something high that we have never experienced in cryptocurrency, so it has happened like this in 2017 and The Letter the price of Bitcoin retrace where it started to increase at this moment that the price got to seventy thousand [70k] in value, I believe that cryptocurrency especially Bitcoin is having another shape since this year 2024, so we cannot think otherwise any longer concerning the increment of Bitcoin reaching one hundred thousand [100k] there is every tendency that the price might reach to the point of view of op, and we will not be surprised any longer for the price hits hundred thousand
I have high expectations that bitcoin will reach 100k but will it reach 100k without any major decline in price? Does it seem realistic that from 70k, bitcoin will continuously rise up?
Do not expect the price to just be going higher. You can see when it reached all-time-high, it fall to $59100. When it reached $70000, it fall to around $62000. The thing is just hold until it get to $100000 even if there is any decline, the increase will be more.
everyone knows that the price of Bitcoin is unpredictable and what will normally do is assumption and the prediction into cryptocurrency especially Bitcoin so therefore it is obvious that we have never experienced bearish market or a barely season since this year started and what way have you been experiencing is a bullish market so it is possible that the market may reach to what op narrated or figures out.
It actually touched $72k as a new ATH just a few hours ago and suddenly dropped to $70k now it's recovering again.
$100k is too early I think we will see this price after the block halving not now maybe the next is going to break is $80k soon before the block halving.
eighty thousand and seventy thousand [80k/70k] even the one hundred thousand [100k] have something in common, provided that the price is not drop that much in value before it recover, that means their is every tendency or possibility that the price might hits hundred thousand [100k] before December, because it seems that the price of bitcoin get to this point of value because of the adoption and if the adoption continues to be massive the price may hits to hundred thousand.
I believe a lot of people would realize their gains in the $75k to $80k mark, it's because it's appealing to have that kind of profit at that level and maybe of course, a lot of people have their buy levels ready as well so it would just make the market. It will not be a straight line above but it would reach higher and then $100k and beyond.
I'm in support that price of bitcoin might be above hundred thousand, and my objective is that the price continue to accelerate and since it kickoff to accelerate it has not drop below three dollars and that is while I believe that price may reach op point of view, I know quite well that cryptocurrency Market and mostly bitcoin is unpredictable but the price of bitcoin this time astonished every investor for fast approach of its market increment.