We still have more than 4 months left in the year, so there is no need to rush or speed up, bitcoin can still hit $150k if it can maintain the current pace. I'm not worried about the $150k goal this year but I don't think it's going to happen this month or next month.
Many will say anything is possible but 4 months is too short for a $200k goal. I don't know who else is optimistic about that goal but for me, I don't think bitcoin can reach that goal in just 4 months left of the year no matter how many institutions and companies add bitcoin to their strategic reserves.
In my opinion, it would take a bigger catalyst like national reserves, not just institutional reserves, to get bitcoin to $200k, but that's clearly not going to happen anytime soon.
I agree with this. Too many people reacting as if we need to arrange this quickly, like if we want to hit 150k then we need to do it during the summer. But reality is, historically summer hasn't been a great period, and we need to see how this could be a good period to calm down, and hold. Because we are going to go into Q4, which is historically the best time and best way to make money. We should be considering this as a way to make more money, so just hold during this period, and if possible even buy some more. You will probably be awarded by the end of the year.
If we look at the possibilities, we can be in a better position by the end of the year. But as an investor has to be confident. We have to move forward with faith in Bitcoin. But I think if someone thinks that they want to buy Bitcoin now for short-term gains, especially at the end of the year, this will definitely not be good news for them. Because if there is no long-term plan when investing in Bitcoin, there is a possibility of facing big losses at any time. For those who plan for the long term, the possibility of loss is less. If there is a loss after the investment, it can be recovered later and it is possible to make several times the profit, which may not be possible in the short term.