Bitcoin have reached $65k today, a proof that the hope of $100k this year is not lost. I have always known that the market will rise when many people will least expect and there are indications that a lot of people are already doubting that we will still see $100k this market cycle. You can see that from the enthusiasm of people that is wanning daily because bitcoin have refused to run to $100k as they were expecting. This bring to mind that the real winners of bitcoin investment are those who see beyond today and are busy buying instead of being worried by the continuous corrections the market have been giving.
It is not still late to get some bitcoin at low price. $65k is still low compared to where bitcoin will be in coming years because a lot of players are getting involved in bitcoin daily and the trend will not slow down soon. The US election is around the corner, it has the tendency of making the price rise astronomically.
You maybe right but Bitcoin reaching $65k yesterday doesn't mean it can get to $100k this year and it's not a new thing because Bitcoin ones hit $70-74k this year, I am not sure about $100k this year but I somehow believe it will pass $74k this year that is a new ATH. Though the market is getting interesting and i believe most investors are accumulating as much as possible because of the current price and trust me nothing gives am investor happiness or joy than seeing there investing progressing and seeing the potential of the asset they invested in, I mean it's something that can make one forget about hunger for a period of time.
Understanding the times and season in Bitcoin is very important, so the time we are now is very sensitive for bitcoin. That being said, I will say that bitcoin reaching 65k is a good sign and a nice indication that bitcoin can reach 100k. From what I understand about the volatility of bitcoin, two months is a long period of time for the price to move from the present 65k to 100k provided there is a strong news that causes a strong increase in demand. In addition, we are towards the end of the year, a period that we always see big moves in bitcoin so it is possible to still realize 100k by the end of this year. While we anticipate price to reach 100k, it is also important we are accumulating more bitcoin so we are well positioned for the rise in price.