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?
Hello friend! If anyone tells you that Bitcoin will hit $150k, that person is deceiving you, so do not believe them. I said that not because Bitcoin can't hit that level this year, but no basis or analysis to ascertain that it will hit that level, everybody is just calling the value that comes to their heads. It's merely their thoughts.
Bitcoin has proven itself to be a versatile and reliable asset, but the liquidity to hit that level is not child's play. We are talking about hundreds of billions of dollars. Well, time will tell. However, as we know, the November/December period is often a volatile period for Bitcoin, let's hope that the bullish cycle will not end at that time. If it didn't, why not? But I strongly doubt that, to be sincere with you.