Post
Topic
Board Speculation
Re: Bitcoin way forward - Towards $100k or $50k
by
justdimin
on 30/04/2024, 17:44:03 UTC
And currently the price of Bitcoin is trading at 63k to 62k . Looking at there this acceleration  there is no possiblity of Bitcoin going up , but the chance of going down are high. If you look fundamentally there is no bed news so far that makes us think that Bitcoin and nation will go because if you look at the price of Ethereum it has formed its strong resistance , Bitcoin and Ethereum have their own movement  but from their price we can make a little guess.
It doesn't happen, because its not there yet. We are thinking that halving is something that does take a bit of time and by the end of this year we are going to see a big increase. Check the increases after halving in 2014 and in 2021 as well, those two years had a great increase and I believe that we are going to have the same, which by the way happened in 2017 as many people know as well. So that means, by the end of this year the price increases and next year the price reaches to peak points as well.

So, I believe we could see 100k by December, and 150k+ by next year march or April as well, that is the most important part. I think the return on investment for someone who puts money now, could be x2 or x3 in a year, which is why its a great time to put money into.