Quote from: stadus on Today at 08:26:07 AM

Quote from: kentrolla on May 21, 2024, 05:24:16 PM

No mate, literally no one could predict the Bitcoin's price and we see all such speculation only when the market is upward and we don't see them often during market dip. Bitcoin may even cross $84k or even $100k or even drop below $60 k once again hence we cannot predict much about Bitcoin unless there is a strong factor threatening it's usage which usually results in temporary dump.

If we are all optimistic here, I guess $84k is lesser than what we expect to see in the market. It could be $100k or above, that’s what we want to witness happening in the market. However, bitcoin price is highly volatile that makes it so unpredictable to anticipate a price. Reality is we can witness higher or lower than $84k, and we have no control of that. But if positive news and updates will consistently hit the market, then it’s highly possible for bitcoin price to achieve $100k at the year end or even higher than that.

Unfortunately, it is not easy to increase the price of Bitcoin to such an expensive price. $100k may require good news that can trigger investors and whales to buy more Bitcoin. The bias is that one year after the halving, the price of altcoins will rise and will most likely have a direct impact on the price of Bitcoin which will increase the price too.