Post
Topic
Board Speculation
Re: Will Bitcoin Reach 100k USD in 2025?
by
Falconer
on 06/06/2024, 17:42:29 UTC
-snip-
Agreed, and it looks like the party is about to start and investors don't have to watch and wait any longer either. Regarding speculation, it might be too early, I personally just believe that ATH will only be created again after 73K and the distance is very close.
Bitcoin's daily trading volume has increased in the last 5 days including today. I think it's a good sign to expect bitcoin to break a new ATH this month, no matter how close or far the previous ATH was. Of course $73k is the final ATH, it is too close to break if demand continues to increase.

Bitcoin prices are very difficult to predict in a bullish season like now. The market is sometimes surprised by huge inflows from various sources, sometimes it can correct simply because of wild FUD. Many traders or investors may still be worried about what will happen this year when there are rumors about bitcoin distribution from Mt. Gox to its customers. This can force prices to drop drastically, but this is only a precautionary measure.