Post
Topic
Board Speculation
Re: Can Bitcoin reach 100k USD in 2024?
by
aylabadia05
on 12/10/2024, 14:43:12 UTC
<snip>
The halving will have a big impact on the market over time which will play a big role in the Bitcoin price increase but it will definitely take time to happen. We are very close to that time. We can expect to be able to see a bullish movement in Bitcoin price in the last quarter of this year. Investors are already holding bitcoins based on their ability. In recent times, if it takes a little longer to happen, that's still a positive side. During this period an investor will have the opportunity to hold more bitcoins. If we don't get Bitcoin price 100k in 2024 then there is a possibility that it will be $100k in 2025. Bitcoin doesn't always perform according to predictions, but depending on predictions investors gain confidence. Considering the situation, there is still enough time to reach $100k this year.
Of course, there is still a lot of time to wait for bigger price movements either in the remainder of this year or throughout 2025. We just hope and try to prepare everything well, including increasing the investment portfolio over time. There is no reason to complain and change plans, unless we really have to sell everything due to unexpected needs.

<snip>
Yes, that moment when ATH has reached even before the halving happens. Will that be the ATH that we get? hopefully not. We have to be patient until it reaches to $100k but as everyone is saying, it's unlikely that we see that price by the end of this year. As we're already several months after the halving, put that hope for the upcoming 2025 for the next ATH.
I don't expect that either, a new ATH higher than the ATH last May is always expected. If it doesn't take a hit for the rest of this year, then we can still wait patiently for the rest of next year.