Quote from: blckhawk on Today at 09:54:14 AM

It does make sense what you're saying but the problem is that right now, there's a price resistance happening that's leading to the point of prices going on stagnation. This isn't a big deal as resistance are met but I can definitely understand that there's a possibility of $99k bitcoin this year, it's just that people will be selling at some point before that can be hit.

The Bitcoin price resistance is looking very strong as it is now but we know that the stagnation will not be permanent, Bitcoin is volatile and we will see a major price shift soon. I'm also quite positive that we will see a $100k price in this year 2024, the demand for Bitcoin is increasing, both individual and institutional investors are adopting and buying it, so there is no reason why we can't see a major price surge this year. Bitcoin is a long term project, and the best approach is to buy and hodl till the price reaches every investor's estimation, until then it is to wait as long as it takes because price will always reach new ATH.