Quote from: sotelorene on May 28, 2024, 09:55:22 PM

Quote from: AnonBitCoiner on May 28, 2024, 06:34:21 PM

Quote from: rhodelmabanal on May 28, 2024, 11:27:39 AM

bitcoin will rise up to 100k$ but not in an instant, it takes time just like what happen before the 2021 bull season when it reach a new ATH follow by this year and reach another ATH, I think it needs more years before we can see btc reach 100k$ no one knows about it but i have a feeling that it will reach 100k$ or even higher base on its past price movement.

100k$ was looking easy to achieve when the price of bitcoin hit 73k$ before halving but now there is very slower upward movement due to which we assume that long duration will be needed to reach to 100k$ and there is no one who will identify the accurate timing at which this target will become reality.

If our target value for selling is higher then it is also important to lengthen your holding because you know better that more wait is needed to achieve more profit. 100k$ is far but it is possible that one day we will see Bitcoin to reach the higher value and for that we have to not sell our assets until we become successful in achieving our target.

The price wasn't so easy to hit $100k just that our instinct is so positive about Bitcoin hitting that amount though it behavior this period gave us a conviction and reason to believe that it will reach $100k. I have the feeling that it will reach $100k but not soon but Bitcoin reaching that amount is not my major concern rather my major concern is how to accumulate more and hold.

No one feels that bitcoin is not growing in a positive direction, it will always do that all the time. But will it reach $100K? I am very sure it will happen at the end of the year before it will actually reach the renewable ATH in 2025. Maybe it is currently being prepared for a correction first and will not immediately rise because it still has a long time. A correction will provide an impetus for bitcoin to reach its best peak.
The time when there is a correction is to buy and hold. If it is too expensive, there could be potential altcoin alternatives that are cheaper.