Post
Topic
Board Speculation
Re: 100k mark, year is almost rounding up..
by
adultcrypto
on 08/09/2024, 15:45:02 UTC
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.
If you understand how volatile bitcoin is, you will know that 100k is something easy to achieve before the end of this year. Cast your mind backward and see how bitcoin performed from November last year to the early part of March, breaking several records and limitations of people. Bitcoin just need a strong positive fundamental to soar and we have the US election as a factor that can deliver this volatility to the market. Hence, I still believe that bitcoin can reach 100k before the end of this year despite the delays we have seen.