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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
BitcoinBunny
on 26/06/2024, 09:42:17 UTC
⭐ Merited by ivomm (1)
haven't read the recent posts. Sorry if that's a double...


Bitcoin (BTC) Will Reach $1 Million Within Next Year, Samson Mow Predicts
https://www.tradingview.com/news/u_today:ac28f8510094b:0-bitcoin-btc-will-reach-1-million-within-next-year-samson-mow-predicts/

My body, my bags and balls are ready

#hopium




I doubt it.

Maybe $90,000 in a year, after falling from 102-103ish I suspect.
$100,000 will be extremely hard to crack. Countless people will sell at 100K for sure. I suspect BTC will struggle with it for several years minimum.

The $500K - $1 million range can go into the closet for about 7-10 years I reckon as sad as that may be.



Just trying to be realistic.
The crazy expectations I just think need to be dampened.
It is all very well saying that we are going to $500.000 by end of next year or a million but so far even with the ETF approvals and thus far easier on and off ramps
available and a huge jump in price since last year, we barely went over the last ATH and struggled to stay even there.

I suspect the 100K psychological barrier is a far bigger road block than almost anyone is predicting.

Not to mention multiples of it covering the next 10 years or so.

That BTC is going to go up is a given. That it should endlessly follow a pattern, I just don't believe.
Everyone that tries to make a predictive pattern gets proven wrong eventually it seems to me.