Post
Topic
Board Speculation
Re: Road to 100k?
by
Smilevictorobinna
on 03/06/2024, 11:51:02 UTC
In my opinion, the potential for Bitcoin price to reach $100k is likely to occur later this year. Moreover, recent market performance shows a bullish direction. However, anything can happen during this year because it is likely that before heading towards $100k it will experience a slight correction as a step towards a big increase.
If we look at the history of the Bitcoin market, we can see that the Bitcoin market was very low, but currently it is very high. Day by day the demand of bitcoin is increasing and the popularity and growth of bitcoin is going and people are paying more attention to bitcoin. Digital currency has advanced a lot in this digital world nowadays and people are choosing these virtual currencies more and more through transactions. And we know lots of people invest and trade in bitcoin just to protect their privacy and also gain a lot of money by investing in bitcoin. We can say for sure that the market in Bitcoin will touch $100k, and we can assume that it is going to happen very soon as currently the price of Bitcoin is at $71k dollars. We have seen the Bitcoin market peak ATH in 2024 touching $73k and although it went down a bit for a while but currently there is a lot of upside. And we have seen many investors predict that the Bitcoin market may not touch 150 in 2025 so we will invest and hold Bitcoin.