So what do you think about the bull going from here, we are on $92+, can we hit 100k anytime?
Yes, it could be as soon as today, although it's not very busy at weekends these days, but I wouldn't be surprised if we get to that number tomorrow. However, I think it's more likely that the price will stay in sideways for a while before going up again. After the last rise it seems to have found resistance around the $95,000 level.
Bitcoin hitting $100k is not a news what will should be talking about is bitcoin exceeding $150k or more.
When it exceeds just $109,000 it will be news, as it is the current ath.
It's the psychological barrier that we need to look at here, so far is $95k and it's hard to break it. And even if we break it, we need to deal with $98k first before that $100k. So far there is no movement whatsoever, but we remain at at the sideways pattern.
Typical movement as we have seen in the past, if we reaches new levels, somewhat it stays there for quiet sometime before we see a break out run. But let's see, we all know that when investors woke up, we will witnessed out pouring of money. And so with that, in just 3 days, we need huge capital inflows and it could be possible if there are entities and whales who's willing to do that.