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.
In a nutshell what we all need to do is buy, accumulate, and hold. We are all speculating price, assumption for me is wrong, I do not believe in assumption as a fact. We are expecting Price to reach $100k, nice. As I already have said before, I can only be very optimistic about that when price creates a new ATH breaking through it since it has been ranging so far, we all should value the essence of Accumulation that the basic; Action.
That's how simple things to be think needed to be done by certain people but actually there are more deeper things need to do since market is volatile and that can affect the decision making of people especially if they don't have experience to deal with situation. We have bearish market condition that can be stressful for a lot of beginner investor so I guess before deciding to invest maybe they should seek for information like that especially those unexpected corrections happen so that they can widen up their knowledge and strengthen more their beliefs towards their investment on bitcoin. For sure if they became more knowledgeable about bitcoin then they will not get affected on any negative situation that appears and can able to continue their accumulation until bitcoin would able to reach at $100k target goal which is long time awaited to happen by a lot of investors.