Post
Topic
Board Speculation
Re: Will BTC Close above a $100k this Month?
by
skarais
on 29/04/2025, 19:55:26 UTC
~~~
Though it is not possible to make an accurate prediction about the price of Bitcoin, by looking at the market condition, it is possible to guess in which direction the market will move. The market was below $90k for a long time and has moved a lot from that position. Currently, each Bitcoin is around $94k and it is likely that it can cross $100k in the next few days. The US tariff policy was temporarily having a big impact on the market, but the hope of the US government moving away from that position will once again push the market's high bullish movement. We are at the end of this month. Although there is a possibility, it is very likely that we will see Bitcoin exceed $100k next month. According to the current price movement, the price of Bitcoin will be within $94k this month.
The chances are getting lower, but the hope is always there. In less than 2x24 hours we will enter May, so I no longer expect much bitcoin to touch $ 100k in that time. The chances can certainly increase if bitcoin can hit the resistance of $ 98k today, but of course it is difficult to touch $ 100k if the resistance below it is not passed. But the question is, why rush when we are long-term holders?

I try to stay calm with my long term plan on bitcoin, even I don't really have a problem if bitcoin fails to hit $100k this month or next month. But there is a higher chance in May to expect $100k to be touched and used as support, but economic uncertainty is still something that can affect the market. I hope Trump doesn't mess up the market with his ideas and policies anymore, it will make the market better.