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Learning & News => News related to Crypto => Topic started by: newshunter on May 04, 2022, 07:01:14 AM

Title: ‘More likely’ BTC price will hit $100K before Bitcoin sweeps $30K lows, forecast says
Post by: newshunter on May 04, 2022, 07:01:14 AM

‘More likely’ BTC price will hit $100K before Bitcoin sweeps $30K lows, forecast says

Bitcoin bears could get their wish, but may have to endure the pain of a new all-time high first.

Source: ‘More likely’ BTC price will hit $100K before Bitcoin sweeps $30K lows, forecast says (https://cointelegraph.com/news/more-likely-btc-price-will-hit-100k-before-bitcoin-sweeps-30k-lows-forecast-says)

Would appreciate your opinion about this

Title: Re: ‘More likely’ BTC price will hit $100K before Bitcoin sweeps $30K lows, forecast says
Post by: Bobcrypto on May 04, 2022, 09:14:39 AM

May be these current forecast, analysis or predictions on many news platforms could be a real outcome on the short run, but I doubt the possibility of Bitcoin touching $30k after hitting $100k whether on a short or long run basis. Obviously, ones Bitcoin manage to hit $100k, in my predictions, Bitcoin will not go below $40k again. $30k price level will not happen on the foreseeable future, in my opinion.