Re: Will Bitcoin's price surpass $100,000 by the end of 2025?
If this post was replied to earlier when bitcoin was on an uptrend, I would say it’ll continue to go up, then face some little corrections and then continue in that trend until 2025 which is just next year.
The nature of the market now would have cancelled my assumptions and speculations on how I fell the market will be from now till then. The point of all this is that, bitcoin price by end of 2025 will still remain a speculation and no one can be sure what the price maybe at that time even when we all think that it would have increased significantly from the price it is now by that time.
Don't worry too much because the price already recovered back to above $60k and the week is closing around $60k-$61k I don't think with current price $100k is impossible not to mention OP stated by the end of 2025 which means plenty of time left for us.The nature of the market now would have cancelled my assumptions and speculations on how I fell the market will be from now till then. The point of all this is that, bitcoin price by end of 2025 will still remain a speculation and no one can be sure what the price maybe at that time even when we all think that it would have increased significantly from the price it is now by that time.
just to mention few things, Mt gox already begins repayment from early july and you see there's no significant impact to the market, instead BTC recovered back, that's a good sign and BTC inflow is getting better and better.
your worry about bitcoin not reaching $100k by end of 2025 probably unfounded
I agree, the $100K target is not a very high goal and not too difficult to achieve despite bitcoin's recent corrections. I don't know when we will hit $100k but if history repeats itself and the bull season comes by the end of the year then bitcoin hitting $100k is almost inevitable.
Regarding Mt.gox, they only announced that they plan to compensate people from July to October, after that we have no more information about whether they have started compensating people or not. So we cannot rush to confirm that bitcoin is not affected by Mt.gox. But in the long run there really is nothing to be pessimistic and worried about.