Re: Bitcoin price hit a new ATH again at $107,500+ and I am happy to see my friend h
Maybe not in 2024, but the price could go towards those levels on the long run, with something like 2025 could see the peak as well. I can see why those things could be a little different from each other but we are dealing with a much larger and different approach here.
Now, I believe that Bitcoin will not make its price too high like this, but I am not pessimistic. I am optimistic and if we look at Bitcion yearly candles, this year is very bullish.Lowest: $36,186
Highest: $114,666
Current: $93,320
If Bitcoin closes this year around $90,000, it has a very good year, with lowest price below $40,000 and close price about $90,000, its ROI only in this year is more than 100%.
Yes, but it's better to stay at least in the $100k range before the end of the year,
https://www.coinglass.com/today
So that we can keep our momentum entering 2025 and with Trump's inauguration early next year, we are going to see another pump as this is highly anticipated event. So at least $100k end of the year and then we will work from their and maybe push another all time high in January.