Post
Topic
Board Speculation
Re: Road to 100k?
by
Samlucky O
on 14/09/2024, 16:24:43 UTC
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 saw Bitcoin touch $70,000 and then settle back around $740,000. From around $74,000, Bitcoin dumped to $49,000. Bitcoin is currently between $56,000 and $57,000. But here we can see that Bitcoin did not go above $74k but definitely went down.
You are right but I want to correct the impression that bitcoin has not hit and all time high of $74k rather $73,737.94. though it may be close but not exactly $74k you know any little error may Leed to wrong speculation. It was around March 14, 2024 here .

But many have predicted that Bitcoin will be $100,000 in 2024 but I don't support it much but I do support that Bitcoin will be $100,000 in 2025.
Wether you support bitcoin to hit $100k by the end of 2024 or by 2025, it doesn't really matter. to me I think now is even the right time to buy more of it and stack since it hasn't gotten to the $100k peak. Sometimes I just feel like   btc is waiting for people to accumulate enough before hitting the road to $100k but yet people neglect the signs, only to regret after hitting $100k and above. Missing to buy btc at the appropriate time is like missing a flight at the airport, which means even if you will travel it will be rescheduled for another day.