Post
Topic
Board Speculation
Re: Road to 100k?
by
Makus
on 21/06/2024, 22:02:01 UTC
In my own opinion, I believe that almost all Bitcoin enthusiastic knows that Bitcoin would at some point gets to the 100k mark no doubt, so the point of speculating here is when will that happens?
 though some people still believe that the price of Bitcoin will get to that 100k mark towards the end of the year, but as for me, I think that it would get their in the first quarter of next year, and from there onward, the bull run will kick on.

Right now, the price of Bitcoin is around 64k to 65k, so it's one of the best moments to accumulate more Bitcoin, because it's only when you have a very good stash of Bitcoin in your possession that you can benefit handsomely from the upcoming bull season, so in essence is that, in as much as we are here speculating the price of Bitcoin going forward, we shouldn't forget to seize this glorious opportunity of buying the deep,  so as to have a better stash of Bitcoin in our possession, because that is what going to determine how successful you might be.

Though few still doubt that the possibility of Bitcoin getting to 100k is very slim, and I'm not talking about this now because the price is for ing a downward trend, this has being their notion ever since, but one thing they fail to understand is that it's tradition that after the halving and price correction, comes the bull run which is predicted to get to $100k. The bulls after the halving are usually massive, talking from history which is likely to repeat itself. The fear of missing out would make more investors venturing into holding and of cause boom, the price start accelerating upward. Of course the price could be manipulated and delayed by whales eventually selling out but there is a set limit for manipulation tolerance and when that limit is exceeded Bitcoin will fall back to creating it's normal trend irrespective of the action of the manipulation. Just as the pre halving bull run that was initiated by the approval of Bitcoin EFT, Gray-scale tried manipulating the system but when Bitcoin got feed up by the manipulation it began a rapid pump covering up the lost time. However holding is still the best option yet because you'll never know when the price start appreciating in value.