Re: Before Bitcoin hits 1 000 000 usd, it falls below 10 000 usd
Remember we are in the last few months of this year and this is the time when we can expect enthropia in the market for the bull market top, i can expect it will easily go to 150K and beyond and its minimum.
It depends, and I don't see Bitcoin hitting $150k easily, let alone reaching higher levels, when historically we're only about three months away from the end of the bull run. Bitcoin has been above $100k since January but 8 months have passed and Bitcoin is still trading around $110k, how can we say that the it will easily reach $150k or higher in just 3 short months? This is not an easy task.
The market is driven by many factors, especially macro factors and if unfortunately our economy continues to be unstable for the rest of the year. For example, the Fed doesn't cut interest rates, the tariff war suddenly escalates again, or geopolitical instability flares up. I think forget about bitcoin hitting $150k before the end of the year.