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?
We are in the middle of the year, and Bitcoin is around $100k+. I don't think it is possible for Bitcoin to reach $200 by the end of the year. We are going too far in speculating the price of Bitcoin. Speculating such an amount for the price of Bitcoin in six month's time is what gives beginners the impression that they can invest in Bitcoin to make some profit in a few month's time.
If we are to be speculating what the price of Bitcoin will reach by the end of the year, we should be looking into something else that is not even close to $200. It is possible for Bitcoin to reach a higher price by the end of the year, but it would be best for investors to focus on accumulating Bitcoin and hodling it.