Post
Topic
Board India
Re: Will Bitcoin reach 1 CR before the year ends?
by
vino.gcs
on 19/12/2024, 14:55:20 UTC
It is a small update! As of today and according to IST 21:18 the price of Bitcoin in INR is:

snip

Only 10 Lac more we need and Bitcoin price for the first time in INR will be 1 Cr. It will be an Indian event to for all of the Indian community active here.

Although we are seeing a correction currently but I believe we will hit the 1 Cr target soon.
My personal analysis was that bitcoin will hit at least $120k in this bull cycle and as per USD INR rate it will take arond $118k to reach 1Cr price.
Also, when trading P2P there's always a premium for USDT when paired with INR and so we might reach the target sooner if we use this pair.
yes, I also think that bitcoin will reach 120k and I think it will do so shortly but I am also convinced that then there will not be a collapse as we have seen in previous bear markets but rather there will be a stability of value that will remain over time I am almost certain of this