Post
Topic
Board India
Re: Will Bitcoin reach 1 CR before the year ends?
by
pakhitheboss
on 11/12/2024, 10:38:05 UTC
I'd agree on this point because in my observation especially during the bull year the December is a crucial period of bump so yeah another 14K is not that far just another day is more than enough to reach. What I am expecting is 1.5Cr at the peak of this run which seems very much possible to me considering the previous ATH was around 70 lakh if I am not wrong so even doubling will take the price near to it.

I guess there might be a slight delay but Bitcoin can achieve the 1Cr mark and I am after that a big dump. Some analysts have already started speculating that the price of 1BTC will return to $60K next year. I hope it reaches the 1Cr mark and profit booking starts after that price point. Another important factor is the INR value to USD has been growing and after Trump takes the oath it will go up more as per RBI. That should help Bitcoin to reach that price point in INR.