Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Road to 100k?
by
Hewlet
on 04/09/2024, 07:58:19 UTC
⭐ Merited by JayJuanGee (1)
we are all expecting this to happen but seeing the reality ? better accept it that we are not getting what we are expecting this year alone .

What are we expecting though?
Comparing the current cycle with the previous 2, it doesn't look like there's much of deviation and the price still behaves broadly in line with the past cycles, but the following months will give us a definite answer on whether or not the cyclicality is retained.

If we expect to see $100k, that's probably too high of an expectation. If it is to come at all, it'll probably be in 2025.

Bitcoin price will be $100K in 2025 because that is the peak bull run, but without investment there will be no profit if Bitcoin price ever goes higher. So we are currently in the pre-bull run, so now is the best time to invest. Here it is best if you can invest with accumulated money, even if you don't have money you can participate in investment through DCA method.
Because DCA method is the method that both old and new investors can adopt DCA strategy. Therefore DCA strategy invests with maximum benefit and maximum holding long term.
you can't be too certain when Bitcoin will eventually get to $100k. Speculating that Bitcoin will get to $100k next year is purely a vague speculation anyone can just make thinking that along the way it might just get thier. Though we've been experiencing some series of correction lately, don't forget we've been at a bull that started long ago and saw us through the $30k point to $70k and now revolving around $50k to $60k point. This is just an opportunity to keep buying at this prices which in time to come will cease to exist as we are likely going to be talking about the post $100k ranges.

With the DCA methord in use, you get to experience buying at this prices and you're going to be privileged to build up your portfolio overtime before Bitcoin eventually gets to $100k.