Post
Topic
Board Speculation (Altcoins)
Re: Can Bitcoin reach 100k USD in 2024?
by
jaberwock
on 15/04/2024, 16:01:33 UTC
Do you expect it is possible in 2024 for Bitcoin to reach 100k USD?
And in a few days Bitcoin will be halved. Today I saw the Bitcoin price going down with a corrections, last time I checked it was at $66k above.  It is becoming very difficult to predict how much of a correction Bitcoin will take. I think with the way bitcoin has been going this year and the bitcoin halving, if bitcoin's correction isn't too big, it could be possible for bitcoin to reach $100k. But I am optimistic that Bitcoin will cross $100k in the next bull season.
I think a correction can only happen once for each ATH. Maybe what have occurred can now be considered as a normal dip or due to the volatility of BTC. There is no need to stress your self to predict the price accurately whether negatively or positively because that is impossible to do and all here are only making predictions.

Correction can only become huge once it will stack but that can also lead for a faster increase of the price and once a major correction occurs, a lot of people will buy huge amounts which can also allow us to see a quick recovery. Next bull run can take time again to happen and with that long, you better assume for a price which is higher than $100k.