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?
There is no guarantee that it will continuously rise to $100k Morover bitcoin is volatile which implies that it rise upwards and downwards continuously. We can see how many downtimes and upward movement since the early part and the late part of this year 2024. By next year we are expecting a good result for bitcoin to atain a higher price. Let just do ourselves a favour and buy now and expect a good return in the future.
Bitcoin is the world's top asset creating a stir in the current online system in the crypto world. 1 trillion from today it will grow bigger and bigger we must accept this fact. Bitcoin will eat up all other weak assets, for example all properties will fall at a price that represents their true value, and its inhabitants will not get wet in a moment of rain.
Bitcoin will not eat up other asset, bitcoin is a good asset to invest but doesn't mean other form of investment will be discarded or neglected. Bitcoin will dominate as from %50 -%80 investment of many people but doesn't still mean all other form of business will not function.