Post
Topic
Board Speculation
Re: are you expecting Bitcoin to hit $400,000 after the bull run.
by
justdimin
on 18/04/2024, 08:45:24 UTC
I also believe that bitcoin can make an ATH higher than $100k but the expectation of $400k is really too high and somewhat delusional. Bitcoin is an investment that brings quick profits but it is not so fast that it helps us become rich quickly with just a small amount of capital as we expected. Don't become too greedy if you don't want to pay a high price for your greed.
You're right, we should be realistic and not be too delusional because that will hurt us. Excessive greed never ends well, we should know how to be greedy and stop at the right time.
Yeah 400k is too much to expect from Bitcoin now, so let's focus on the possible amount it could reach which is 100k because we don't know how long is gonna take for the price to get to that level though it is believed that with the high potential of Bitcoin reaching that amount in the future could actually be possible but is still based on assumption because nobody knows if it will certainly happened but in terms of 100k I have a strong believed that within a short period or before the year runs out it may likely hit the 100k price and even more but we shouldn't expect too much for now.
I do agree that 100k is more realistic and I am sure that it will reach those levels first. However, that doesn't mean that 400k is impossible, I do agree that it is unlikely and the possibility of it is low but just because it is a very small chance doesn't mean that it doesn't exist, it could always go up eventually and we should be careful. I personally believe that while 400k is difficult, a 200k to 250k range is possible because of where we are right now.

I mean even just a small 180k would be 3x increase and that happens during bull runs and shouldn't be that weird, what reaches 180k and seems possible so easily, could stretch to over 200k without much difficult neither. This is why I believe that we could go to 200k easily.