Well this is gentle reminder to most Bitcoin enthusiast that are still urging and insisting that Bitcoin will hit the 100k mark this year, because I believe this was an argument that started earlier this year when the Bitcoin price went on a massive rampage pump which the previous ATH was broken and aslo the halving experience made everyone hyped up for this 100k mark.
Well the year is still long and yet almost over and this is especially for the short term trader or holders because I know most person have already set their mind on selling when the price reach 100k which many tagged to be this year. Although it's still very much possible for Bitcoin to reach but that's the thing about it's volatility, you never can pin the exact time so everyone should still just hold on their BTC and don't be in hurry or tired and then sell now cause believe me you might regret selling too early.
Well the year is still long and yet almost over and this is especially for the short term trader or holders because I know most person have already set their mind on selling when the price reach 100k which many tagged to be this year. Although it's still very much possible for Bitcoin to reach but that's the thing about it's volatility, you never can pin the exact time so everyone should still just hold on their BTC and don't be in hurry or tired and then sell now cause believe me you might regret selling too early.
When you have big expectations towards something, you usually get disappointed. The Bitcoin price can also disappoint many traders.
I'm still positive about the 2025 bull run, but there might be a bear market in the next 3-4 months, especially if Kamala Harris becomes US president. That's why I have no expectations about a 100K Bitcoin price by the end of 2024. In fact, I actually expect the price to drop to 50K or even 45K. There's always a risk of FUD news hitting the crypto market. The "doom and gloom prophets" are expecting a global recession in 2025. World War III is knocking at our doors, so keep calm and HODL.
