Quote from: skarais on June 03, 2025, 11:32:07 PM

Quote from: Franctoshi on June 03, 2025, 11:14:25 PM

Quote from: Olamidetechie on May 14, 2025, 07:44:19 AM

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This Bull market ,Bitcoin has really not done well and it has really been this slow when compared to previous bull runs, Therefore, with the way the the price is rising, I don't think 200k will be achieved this year except if there is indeed a change in the price movement which pushes the price high with greater momentum, else the likelihood of we hitting 200k before the end of the year is very tiny.

I believe that history does not always repeat itself and it is influenced by many things. World economic policies, politics and so on can affect investor interest, so demand does not always increase. The volatility so far has been quite rewarding for investors who are able to take advantage of it, but in the long term bitcoin seems to be able to provide returns for everyone.

So far I am still very bullish on higher bitcoin prices. $200k is not too high to expect as long as the market is still bullish, but we have to be patient and everything will be answered in time. There will be big news that will affect investor interest, so I would not be surprised if $200k is hit before the year is out.

Yes, I agree with you when it comes to a long-term or futuristic perspective about Bitcoin, but in regards to economic news and wars, and If US resumes it's tarrifs hikes on China and other countries and coupled with the escalating geopolitical tensions over Russian and Ukraine war and its increasing aggressions on each other which may linger US and its Nato allies to join suit, this will be a problem for the price of Bitcoin moving upwards to $200k in the imminent short term as this will definitely scare investors away due to FUD.