Not long ago, Bitcoin reached a new all time high proving its sceptics false.
Do you expect it is possible in 2024 for Bitcoin to reach 100k USD?
Yep. Bitcoin reached a new ATH in March 14, 2024. It was faster than our prediction because it could be reached before the halving. However, it was reasonable because there was a big impact from Bitcoin ETF hype at that time. However, there was some corrections after Bitcoin reached the ATH. It never crossed the ATH until now, the price looked difficult to stay around $70k. If we consider this, it is unlikely to reach $100k in the near future. I even doubt that Bitcoin can be above $90k at the end of this year. I don't see a sign that Bitcoin can increase consistently.
Anyway, this topic should be in
https://bitcointalk.org/index.php?board=57.0.
I do think we will see $100k in 2025, but even if not - our expectations shouldn't be too high, because eventually, it will happen, not during this cycle - then by another.
Many people believe Bitcoin to reach $100k in the next year. However, it is true that we don't expect too much. We must plan everything in a realistic way, don't blindly to set Bitcoin at $100k! If it looks like to have a small chance reaching $100k, it is better to lower our selling price.
It's essential just to continue to accumulate BTC and the boons from that won't be long to be seen.
It is not a must to keep buying Bitcoin. It purely depends on our own analysis and funds. If we assume Bitcoin is in a high rate, we can stop buying. Don't be trapped buying at the peak price! Moreover, if we have no enough funds anymore, kindly stop buying. We shouldn't force to buy with loan money.
DWYOR