Post
Topic
Board Speculation
Re: Will BTC hit 1M ?
by
Dave1
on 29/05/2024, 11:50:35 UTC
There is a lot of changes 15 to 20 years is very long time we don't know what will going to happen that time it is so hard to predict bitcoin may go up if it will continue rising  based on thier past price rising from year 2009 till present, if it will continue it will reach more ATH in next 20 years from now but 1m$ is i think so high, no one knows about it.
$1 million is a pretty high price for anyone to hope for and it's certainly not likely to happen any time soon, as most people are expecting $80K to $100K in Bitcoin with a timeline until the end of next year. And this range is also the next ATH level which is more logical for everyone to expect if the level of demand and supply in the market can continue to increase this year for Bitcoin. Because I am also quite sure that price changes in Bitcoin will continue to occur significantly, although we also have to pay attention to corrections because that is also part of price changes in Bitcoin.

But in the realm of possibility, I say yes, it could be achievable. And it might take at least 3-4 halvings, so perhaps in the next decade or so. But for now, we can all speculate that $100k is the next target for us.

And maybe next it will double our all time high for his bull cycle. So in any case, one thing about this market is that it is unpredictable and we can only know once we got ever there. But it's free to do our own analysis of the market.