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Cryptocurrency Price Speculations / Re: Bitcoin reach to $100K ?
« on: January 27, 2024, 05:24:16 PM »Bitcoin just made a strong comeback and surged. Following such a significant rise, it's expected to experience some consolidation. The future actions of Bitcoin are uncertain, and it remains quite volatile as its nature. A potential decline is not out of the question. It's important to note that the approval of ETFs is just one factor influencing Bitcoin's price, which is influenced by various variables.I believe by the time the price of Bitcoin starts going bull, the price might surpass $100k even more. We don't know when the bull market would finally comes but we'll waiting for the halving which is believed to send the price of Bitcoin to surpass the all time high. I just hope the price of Bitcoin will not fall more because the speculations I had been seeing is very confusing and I kept asking why on Earth would crypto analysts make such horrible analysis. Anyhow it goes, I hope you see the price of Bitcoin surge higher.Almost most of the community here in the crypto space believes that Bitcoin will reach the value of $100,000 per bitcoin in the upcoming bull run. No one knows when this might happen in this industry field.It is not only in this forum, in the other forums people also believe that the Bitcoin price will pass $100k. I think it makes sense if we analyze how the price can move in the previous bullrun season. Even the price of Bitcoin has the chance to increase more than $100k. But it is true that no one can guarantee how far Bitcoin can increase in this bullrun season. Crypto is always unpredictable, it is not impossible that Bitcoin fails again to pass $100k.
No matter how expert the traders are, no one can say the exact date or day when it can happen, so what most Bitcoin holders or investors do is apply the DCA that is called continuously while they wait for the right time. and time to reach $100,000 each.