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?
What factors do you think will assist Bitcoin to bull when in the previous bull run seasons, it took Bitcoin more than 500 days to see to a new ATH after the halving season. This year we can't tell what will lead to the Bitcoin mega push to above $150k at least. $200k benchmark I don't know what year, this year or upper year, will Bitcoin get to the the price.
$200k is never actually too high for bitcoin as it can easily achieve it if there is higher momentum in the market. However, with how the current price is behaving these days, it seems to me that reaching $200k is too early for this year, but maybe next year or the next, next year.
Let’s just keep the faith and buy bitcoin at a regular basis. Soon we will be able to witness $200k, but it may take a lot of time first.
Considering how Bitcoin have increased in price within the last one to two years, show's that $200k
BTC is not too big to achieve, speculations should not be based on timeline.
Bitcoin is a highly volatile assets and for that we must, make adequate risks assessments to a certain the extent at which Bitcoin could go based on the available liqudities, between it a sure thing that Bitcoin will surpassed that $200k benchmark some day's, and we will all witnessed it.