I still believe $150,000 will be reached by the end of the year, or perhaps close to it, but not anytime soon. We need to reach $120,000 to $130,000 first to reach that price.
While we can only speculate and hope our speculations come true, we must realize that anything can happen with Bitcoin, as many factors can cause its price to rise or fall. Bitcoin has reached a new high of $118,000, and I think it could easily reach $120,000. Corrections are inevitable, but so far, Bitcoin's corrections have been healthy, without significant declines. However, corrections take time, and Bitcoin's price will take time to reach our desired price, as Bitcoin is a promising long-term investment.
I am with you on the $150,000 target by or around the end of the year! With BTC smack $118,000 and looking at a span of $120,000-$130,000, it looks like we are on the proper pathway. It is not just Hopium either, institutional hard cash flows through ETFs are massive, and the halving upshot is undoubtedly coming out, limiting supply. This bull run feels different, more robust. You are clear about healthy corrections , they shake out weak hands and let the market breathe before the next move. It is definitely a long game, but the fundamentals are stronger than ever.