We have seen Bitcoin reach 70k USD and it even reached a point of 71k briefly. We are seeing history being made right here with the new all time high being set once again and it is happening even before halving.
I have high expectations that bitcoin will reach 100k but will it reach 100k without any major decline in price? Does it seem realistic that from 70k, bitcoin will continuously rise up?
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 .
The earlier we understand that Bitcoin doesn't move according to our thought or how we expect it to... The better for us and this is why most people loss money by trading it when they knew that Bitcoin is very hard to predict. I know most persons are still surprise why Bitcoin price hasn't surpass $80k till now and this will make a lot of people to be on pressure, discourage and start developing some doubt about Bitcoin possibilities of taking an uptrend. Whether Bitcoin crosses $80k this year or not I don't care, my concern is to increase my portfolio before that time comes because if I should look at the current condition of the market I maybe discouraged and I can't subscribe to that, I hope everyone focuses on how to increase their portfolio and stop emphasizing about Bitcoin reaching $100k as that can distract some newbie.
Bitcoin getting to $100K is still a speculation to me and will continue to be until it gets to that price. It may be this year or next year, no one can tell for sure when it’s going to happen. This should not make an investor lost interest in the market anymore. Some investors are always looking for how long will they invest to get their profit, but for bitcoin investment, no one can actually predict the market and all predictions that ever came to pass where all speculations initially. The bitcoin market is such that allows you to maximize your investment plans and allow you to invest in different intervals to make you get the best shares out of the market. Bitcoin is a good example of an asset that requires you to have little or more knowledge of the market before you can begin an investment in it.