It's been a very long time, maybe in the last 2 months the price of Bitcoin has been stable between $60k-$70k and hasn't shown any signs of being bullish even though the halving has started. it's actually very realistic to expect bitcoin to reach $100k because before the halving started bitcoin's ATH was $73k. I think in the near future we shouldn't talk about $100k because bitcoin's biggest challenge right now is crossing $70k.
Bitcoin price movement can be unpredictable, but with fundamentals in place there is still believe that in the near future bitcoin can reach 100k. The potential to reach new heights are certain, our main objectives is to capitalise on this moment bitcoin is still hovering around $60k-$70k to increase your holdings, increasing your holdings now can potentially lead to a substantial appreciation when it hit 100k. Don't underestimate the power of bitcoin because of it potentials there are lot of catalyst to drive the proce upward.
There are no certainties in the crypto market. But we can expect Bitcoin to reach $100k one day. But we cannot be guaranteed that Bitcoin will reach new highs. Our expectations around Bitcoin are high. So we always hope that Bitcoin will touch new milestones and Bitcoin does not disappoint our hopes. This is not to say that we can guarantee that the price of Bitcoin will continue to rise. Nothing is impossible in crypto market, everything is possible here.
We are discussing about Possibilities of Bitcoin reaching $100k and not Crypto Market, I would love we stick with this and not related it to Crypto Market so we can both reach our ends.
Well said, I believe Bitcoin will reach $100k sooner or later. Of which the price Bitcoin will reach will be a new high just as the current high is $73,xxx I don't get you saying there is no guarantee of new high but it is certain that Bitcoin will reach $100k, don't confuse yourself Mate.
One thing investors and Bitcoiners need keep in mind is the fact that our hopes might be cut off and the Market can do anything it desires and it is totally out of our control so over-expectation is wrong as anything is possible which can go against our plan. We need to be check our optimism and be open to risk.
Certain confusion will be raised if people will talk about crypto so to make all things on point then better they call it directly as Bitcoin so that there would be no confusion on the discussion.
But unexpected things will come and its just we don't know the exact timeline on when bitcoin would able to reach that $100k. For sure we can reach into that figure since even before no one really expect that bitcoin would ever hit into 5 digits figure that's why lots of historic event happens where they spend their bitcoin on nonsense things or just totally lost it because they don't know if the value of their acquired bitcoin will grow unto the current figure.
Bitcoin already reach its ATH which figures has already been said so we could see with that $100k is near to happen so I guess it need more push and more good things or adoption will happen then provably that we would able to reach that $100k price level.