Well I am very 'bullish' on price of Bitcoin. I am buying the dip and hodling and it is something that I will always do for along time.
But no I do not think we will see price of $250k by end of this year. It is good for us to be 'bullish'. But as a investor well we must think of real prices that we will see.
I do think price of 250k will happen. But I do not think it will be by only end of this year.
The $150k goal is considered the most modest and realistic goal we have agreed upon since the beginning of the year. But with what has happened in the past 8 months and when 2025 is just over 3 months away, and Bitcoin price is still hovering around $110,000 and there is no sign of a breakout yet. Many of us are starting to doubt whether bitcoin can reach $150k, let alone a goal as big as $250k.
Frankly speaking, Bitcoin is not going to hit $250,000 this year and investing at this point is a risk as the bull season is entering its final stages.