yes Bitcoin will hit $100k this year. But it is important for us to remember that these are not just predictions and guarantees.
But you seem to guaranteeing it. I'm bullish but I am not expecting it to hit $100k for this year. There's so much to wait for the market to come and I'm thinking about that so when it does comes, unexpected things are the best when they're positive.
While many wonder if Bitcoin will hit $100,000 this year, we've seen it cross the halfway point in 2024 to around $72,000. We see that Bitcoin price was around $26,000 a year ago and has increased by 250% again in 12 months, 50% increase by the end of 2024 is not impossible. To answer the question we can believe that there is a strong possibility that Bitcoin will reach $100,000 by the end of 2024.
We think that BTC will hit $100k this year, and we can also imagine that next year it will be more likely that BTC will cross $100k in a short period of time.
While the possibility is there and all of those analysis that you've mentioned are on point. But I am expecting that the best will come by 2025 and not by this year. But if I am wrong and it did happened earlier than expected and it hit this year, then I'm happy that I was wrong and able to see that the price reached $100k for a short period when I wasn't expecting it because it could be higher next year then.