Post
Topic
Board Speculation
Re: Road to 100k?
by
Mr.right85
on 14/08/2024, 19:41:29 UTC
Exactly, you have made interesting points. The 100k speculation is very achievable even this year, some people are only belittling the power of volatility of course yes it can be drastic and Bitcoin wll soar to a height beyond expectations, but yeah it will be very good and reasonable
The skepticism people exercise when it comes to Bitcoin at $100k isn’t a belittling act from investors. A lot is being put into consideration most especially, the market and the history of bullruns kicking in after the halving.

If you take a good look at the charts, you’ll find this bullruns happening mostly after 6months and am using that for a baseline. We haven’t come close to that yet even though the ATH that preceded the halving have been broken.

Quote
enough to focus more on maximizing the market opportunities if we actually consider what we believe to have possibilities which is more better than prioritizing seeing Bitcoin hitting 100k without preparing for it by consistently buying more Bitcoin in our bag, the probability is the same.
Like you’ve said, no active buys as a preparatory phase can’t really translate to a price pump because, this are the conditions for scarcity. Active buys stresses on demand and that is reflected in the price.