Quote from: Wexnident on May 22, 2024, 11:01:53 PM

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

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Most likely. I reckon a lot of people are expecting it as well tbh, and some are even expecting more than that even. Chances of it happening this year is pretty low though unless the market has only that positive vibes, which is unlikely. I mean look at the recent market, we stayed at 60k ish for a few months when people were expecting it to bulldoze through just like how it did when it went up from 40k to 70k last time. Same thing here, same cycle of going up, stabilizing, maybe going down every now and then and should slowly go up again.

I do reckon if we hit 90k we might see a big bulldoze through 100k just because of hype though lol.

The gap between 90k and 100k$ is not too big, LOL. I think the goal of 100k$ is not too difficult to achieve because the gap from 70k$ to 100k$ is not too big.

It's true that bitcoin has slowed down since reaching $73k before the halving but that doesn't mean it won't continue to rise for the remaining 6 months of the year. Sometimes bitcoin will move sideways and accumulate for many months, but then just 1 to 2 weekly candles can increase 50%-70% and this is considered a specialty of the cryptocurrency market. Don't forget that bitcoin is very volatile, a 50% increase in a week or even a day is something we often see in this market. So, there is nothing to worry about with the current market conditions and pessimism that bitcoin cannot reach 100k USD this year.