Post
Topic
Board Bitcoin Discussion
Re: Let's get to know everyone's personal opinion about Bitcoin
by
glendall
on 30/08/2024, 14:42:47 UTC
I have been familiar with BTC since 2012. When I was transection BTC, its price was very low. If those accounts are no longer there because they were on a much earlier device, those devices no longer exist.

I have seen the Up and Down of BTC, but I could not imagine that it slowly became so popular. Now, I think BTC will do very well in the near future. It is still in very good shape, though. It will cross 100k+ very soon. What is your personal opinion about BTC?

for 100k$ it can be achieved but not in the current bull run, where we see it is difficult for btc to get a new ATH above 70k$, with so many opinions and news about btc, new investors are not strong enough to hold the btc they have, they may not understand so they let go of their btc because they are afraid of experiencing quite deep losses

It is till early to say that Bitcoin won't reach $100k  in this current bull run.  Do not be impatient and think that it won't perform what it did in the previous cycles.  We still have the whole year of 2025 to see whether Bitcoin will repeat the history or not. 

It has been observed that the prior year before Bitcoin broke ATH and recorded a new height (peak) of its bull run has to condition itself and perform a sideway seesaw trend before eventually catapulting the price resulting in a new ATH then transitioning to the bear market.

Everyone can give their opinion whether they believe or not if BTC can reach 100k$ in 2025, but the point is we just have to wait for the breakthrough from BTC, maybe right now we see BTC often getting FUD from various aspects, but if investors are sure I also believe in 100k$ for BTC in 2025, everything is out of control full of surprises