Let us talk about $BTC for now, do you think we can still attain $200K this year, because with the way things are going it seems the factors that can assist in making this possible are not really working. So if $BTC will reach $200k this year, what are the things u think must happen?
Very well everything seems to be possible cause reading the charts have said a lot about the results but mostimes things get to change with respect to time so therefore we can expect $200k before this year runs out. But talking about factors limiting it from working what and what do you think can actually hinder it so we make the move, regardless there would be a bullish season all through which will make a lot of investors profitable.
One factor that can hinder the price of Bitcoin from reaching $200K is selling pressure as soon as Bitcoin begins to make a bull run. A lot of investors who bought earlier than the last dip have all been waiting for Bitcoin to make an ATH, they sincerely are the investors whose investments are ripe to sell because their holding period has lasted for a while, and it is necessary for them to take profits. We are open to countless possibilities, and progress so far with Bitcoin is giving good remarks about the coming bull season, $150K looks like entitlement, but $200K is still something we can have in mind.