Post
Topic
Board Speculation
Re: Road to 100k?
by
avp2306
on 25/08/2024, 13:28:45 UTC
Road to 100k? This isnt a smooth sail ride on which even if we do able to reach out those new all time highs before that halving event happens but it didnt shoot up into that level.
Although seeing those numbers arent that bad either but as talking about corrections then the market would really be that having it no matter what.
100k is inevitable as we do all know. We arent that still on a bull run yet on which chances this could happen is really that not hard to reach out. time would only tell on such thing as this.

Quite optimistic about Bitcoin attaining such landmark rise in worth, but I do not think it will stay long before it falls again. For how long it will be on 100k before it falls back again is what I cannot ascertain but I'm pretty sure it won't stay there for long no matter how the bull run season favors the uptrend of the market.

Normal to see such fall  especially if such certain ATH will be achieve since provably that lots of people would provably see because they think there profit earned is enough and they are speculating for a dump after such good event happen.

For volatile characteristic of bitcoin it already tell that price would provably not stay there for long but what good thing about people should think about is it already reached at $100k which is possible to happen in future. The question right now is when, so before that price to reach, much better for now is to focus on accumulation and stop doubting if the we really reach that or get afraid on its volatility. Maybe we are not done yet with bull run phase and maybe we can see more from bitcoin this year.