Post
Topic
Board Speculation
Re: Can Bitcoin reach 100k USD in 2024?
by
mirakal
on 04/10/2024, 23:58:45 UTC
We can’t anticipate that bitcoin price could suddenly reach a new all time high, or let’s say $100k. Of course, it will take small steps forward, but the important thing here is, bitcoin price continue to appreciate despite of some price crash that’s somehow inevitable due to high volatility. If other big time investments have taken a lot of tough times first before it become a hit, then bitcoin is not an exception. It will eventually achieve our goal price, patience is the key.

Indeed patience is the major thing we have to put on first when it comes to something that we don't know how it will turn out the next hour and Bitcoin has it's way of surprising both investors and traders but that's not the case, we only have to accept it the way it is. Some have it in mind that Bitcoin price won't hit $100k this year, we only have to use how positive the market price has been, like I consider the fact that each month has a way it moves. And I think the path Bitcoin price is heading it can get close to $75k but we ain't certain it will even get close to $90k before the year runs out, something new might happen but I hope it doesn't go back to $50k instead we have it at $70k+ this month.
Yes, bitcoin has its own way of surprising us, the thing is it's not always positive surprises but also those least negative ones.