Quote from: dimonstration on May 20, 2024, 04:18:59 PM

Quote from: tikemysoncoin on May 20, 2024, 03:56:38 PM

Hi everyone,

There's a lot of talk about BTCBitcoin potentially reaching 100,000 USD in the next year. What do you think? Can BTC hit 100k in 2024? Huh

Looking forward to your thoughts.

Determining the target price will reach on a certain year is pointless to discuss since there’s no clear basis on how you can come up with this opinion. Yes, the price of Bitcoin can possibly reach 100k since we are already reach 70+K but there’s no telling when it will happened.

100K might reach this year then dump next year or it can happened few years from now. Why not just keep buying without the need to determine on when it will reach that level because Bitcoin price is proven increasing consistently. We just need to be patient. Determining the exact year or date will just make you impatient if the price didn’t follow what you predicted.

From my research, speculations are not proof about what Bitcoin, price will be in the future, so the most important thing is that we know and believe that the price will always increase and reach new ATH, we should just keep buying and hodl. I don't think that anybody can be 100% certain whether Bitcoin price will reach $100k in this year or next year but what is certain is that as we're going into bull run, that it is going to happen. So I agree that it is quite pointless to discuss or worry about the specific time when price will reach $100k, because there's no clear basis on how to come up with the exact time.