Post
Topic
Board Speculation
Re: Potential for BTC to cross $100K in the future !
by
Gallar
on 03/10/2024, 13:31:04 UTC
~Snip
The predictions you convey could be correct, but in my personal opinion, it will be a little difficult for Bitcoin to reach a price of $100K this year or next year. Although it is true that this year Bitcoin has touched its new ATH, namely $72K. But there is still no guarantee that Bitcoin will reach a price of $100K or more because of this. Maybe the realistic price of bitcoin that might occur next year is only around $80K-$87K in my opinion. Because I saw the price of bitcoin in the Halving and Bullrun markets in the previous period. Because in the previous halving cycle, Bitcoin experienced an increase in price like now, and a year later, Bitcoin also experienced an increase in price again, even touching ATH that year. However, the problem is that the price of bitcoin after the halving (in that year) and the year after is not much different. So with this, it is very likely that this year or next year the price of bitcoin will certainly not be much different. This year the highest bitcoin price was $72K, so realistically next year the bitcoin price will most likely only be around $80K-87K. And apart from that, I personally also believe that bitcoin can definitely reach the price of $100K, but according to my personal predictions, it is very likely that bitcoin can reach that price in the next bitcoin halving cycle.