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?
I'm one of those who think Bitcoin will smash that level and even go beyond it into $200k. I believe it will happen before December of this year. It's just my speculation anyway and that's derived from historical data I've perused. We may have around three months to go in 2025. That may seem like it's too short a period for Bitcoin to do all that, considering that it's currently sitting at $113k+. Bitcoin did over $120k a couple of weeks ago before relapsing. Once it breaks that resistance level again, it should be a rally upwards. Bitcoin is yet to make its circle ATH as expected by historical data. $150k is even below that range