Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Road to 100k?
by
Ambatman
on 06/10/2024, 18:04:37 UTC
⭐ Merited by JayJuanGee (1)


What you wrote here is very confusing, but If am actually getting you right here, you are saying that your Bitcoin price target is 150k, the price you are willing to sell,  so I want to ask, do you think 150k is the peak price of Bitcoin?
Because it's baffles me that you think so myopic on Bitcoin, you were talking of holding Bitcoin for a long period of time, and you think that the highest Bitcoin can go in like 10 to 20 years time from now is 150k?

Bro if that's how you see Bitcoin then to be frank here, you knows nothing about Bitcoin and the potential it has, because Bitcoin has the capacity of doing 10x to 20x in like 10 to 20 years time from now due to it high potential.
I think he meant that's when he would stop accumulating via DCA and just HODL.
I understand that it has such potential to get 20x in 20 years  but we live in a world with lots of variables
Anything can happen.
Potential isn't the only thing that's needed to grow.

Quote
we are going to see a strong bull market in the coming next year where it is expected that Bitcoin In the next bull run it will cross 100K at least and there is a possibility of it going up to 120K.

We Already in a bull market for a couple of years now and it's not impossible to cross the 6 digit mark this year.