Post
Topic
Board Speculation
Re: Will BTC Close above a $100k this Month?
by
DanWalker
on 28/04/2025, 09:00:06 UTC

BTC tapping only the $95,000 price means one thing. There's a huge chunk of selling pressure on that price because that could act as a psychological resistance for some as well. It's also near the S/R flip area.

We're 2 days away from ending the month, and currently the market is experiencing a correction. My prediction for the short term is that it will go below $90,000 and will reach as low as $87,500 before it goes up yet again. Of course, I'm wrong as always Tongue, but now that the market is having a bit of a correction, now is a good time to buy some Bitcoin before selling it at $100,000.

Now to answer your question, obviously it will not reach that price, but maybe in the next 1-2 months we might see it reaching, and even surpassing as well.

What correction? After surging above $95k a few days ago, bitcoin is still trading above $94k and has yet to drop below $90k. How can it be said that it is going through a correction? On the contrary, I see the market still in an uptrend and will not stop unless there is negative news.

Bitcoin is very close to $100k, it won't take long to get there. If bitcoin doesn't get back to $100k before the end of this month, I believe it will happen in early May, no need to wait too long (1 or 2 months) as you say.