Bitcoin has been moving strong this year, and some people think it might hit $150K by year ending, irrespective of the recent fluctuation. Do you believe it can really get there, or it's just hype?
It could certainly be because Bitcoin has been in a state of recent volatility,
creating new ATHs from here to reach $150,000 is not a big deal but you have to be patient and something new is going to emerge,
that's for sure.
You can check out these analyses of M2 supply if you want.
https://x.com/ColinTCrypto/status/1966869488688910412
Bitcoin may gets to $150,000 dollar this year and it may be that we have below or above this, it all depends on activities that surround why either of these should happen, but with the kind of dimensions we are seeing from the market and how it has been performing, since the beginning of this year, there is every possible opportunity that we make it up to this range before the end of this year.