Post
Topic
Board Speculation
Re: 100k mark, year is almost rounding up..
by
MainIbem
on 15/09/2024, 15:42:04 UTC

That is just a more reasonable assumption for Bitcoin because right now there are many who are hoping for a brighter future for Bitcoin before the year ends as Bitcoin is still below $60K although there are still many who continue to believe in Bitcoin and also with the good potential that can still happen in Bitcoin. I also do not consider the current condition as the end because Bitcoin can still grow and increase over time so people who are still hoping to see $100K in Bitcoin is quite logical to hope because Bitcoin is still living a better life at this time.

The hope is always open for it to go up to $100k, for me it is a Psychological price , in fact many traders and investors will sell at this price , which does not seem right to me, but everyone is the owner of their money, however when I see opinions like this there is nothing else to do but respect, but personally I think that when BTC reaches $100k the price may continue to rise and rise, and those who sell at $100k could be missing out on the whole movement , so you have to have a lot of patience and moderation to control those desires to sell, it is better to try to better locate where the ATH may be.

At this point, the hope of Bitcoin investor is for the price to get to the 100k mark and beyond, it's got to 70k previously and before then it's set other heights and I believe that's why the hope of the majority who believe in Bitcoin getting to the 100k mark is getting higher. Well it could happen before the year ends, it could be next year, some people are even saying if trump wins after the October election, there's a possibility of Bitcoin getting to the 100k mark earlier than expected, all these being said are very possible, but my question is how prepared is everyone, it's one thing to just guess the price and it's another thing to be prepared and there's no other way to be prepared than accumulating as much as possible at this current price, if it happens to go downwards, then it's a still a plus for investors so far everyone keeps up with the DCA or any other good methods of hoarding Bitcoin to their portfolio as we wait for Bitcoin to reach 100k, it would definitely happen but then the most important thing is getting prepared.