Post
Topic
Board Speculation
Re: Can Bitcoin reach 100k USD in 2024?
by
avp2306
on 03/10/2024, 12:26:53 UTC
Bitcoin is always changing, as we can see its price change every year. In that case, if you look at the history of Bitcoin at the gate, you will understand that Bitcoin is moving forward to enter more highs in the coming days. But I think it is very unlikely that the price of Bitcoin will hit $100k in 2024, but the price of Bitcoin will reach this level in the next new year.  
We have already seen the price of Bitcoin hit an all-time high in 2024, but we expect it to reach an all-time high $100k in 2025.


The $100,000 target may or may not happen this year, no one can be sure, but we can be sure that bitcoin will reach that target in the future.


Based on history, I'm pretty bullish on the last quarter of the year but I also don't think we can hit $100,000 this year. Given geopolitical fluctuations as well as the world economic situation not really stable, we can hardly have a strong market boom at the end of the year. So we should not set our expectations too high to avoid disappointment.

I never worry about when bitcoin will hit $100,000 because it's inevitable, it's all just a matter of time. But I wonder how many of us can wait until it happens, that is why I say we should not set our expectations too high, otherwise we will be disappointed and may make wrong decisions.


Bitcoin price is changing so even if the price won't reach to that figure hopefully it will not change the perspective of people towards their long term investment planned with bitcoin. Since if they are been affected with current flow which we are experiencing a bearish like movement then provably that there decision might get changed and think about quitting.

So for them not to get worried about the price maybe its more better if they could just ignore the current flow. More better for them to focus on accumulation and think about other think since maybe from this they can escape those feelings on where they afraid to lose their money for this current bearish movement of bitcoin.

I never worry about the price of bitcoin and if we can see this figure to come this year. Since what my aim is to accumulated and execute well the DCA method I used. If $100k will not come this year its fine for me since I'm more busy building up my portfolio rather than think about other things like talking nonsense or checking frequently the current status of bitcoin.