Since the price of Bitcoin dropped down to $16k in the market, show that it will be difficult for traders to see $100,000 in this year 2022 because the year remain few weeks to the end of this year which the price will remain low through out this season. I guess, next year 2023 will be a better year to all crypto traders in the community because the price will surely reach $100,000 for those that experienced losses in the past will use the opportunity to recover from their losses.
In the next year it is also not certain that the Bitcoin price will be at $ 100K because considering the current price is still very low. Bitcoin needs better upgrades and more to be at $100K, if that doesn't happen to Bitcoin in the next year then everyone probably won't see a $100K price in Bitcoin. After all, next year is near and market conditions have not changed for the better. So this is a very difficult thing to happen if the timeframe is next year.
For the short term or less than a year, it is certainly very difficult to reach $ 100K, but I'm sure 2 or a maximum of 3 years the price of Bitcoin will reach $ 100K, if we want short -term profit then we can choose daily trading because the movement can reach 5% but me Encourage Hold for Long Term to get a large profit.
Hold for Long Term also has a certain period and target mate, because it won't be done forever if it's not for profit. Sure it looks better than selling low often, but I personally just want to run it more logically because $100K is still so far away that I'll probably sell before $100K is reached in Bitcoin, because it's obviously going to take a long time. in Bitcoins.