The question is, how fast will Bitcoin reach $100k? Will the ever-rising demand from mainstream companies and institutional investors make Bitcoin reach this goal in less than a year? Or will it take longer? Given that Bitcoin has reached $60k within a year, looks likely it'll reach $100k by the end of 2021. For what I know, everything is just pure speculation. It's always best to reap profits whenever you see the opportunity to do so before it's too late. If you end up waiting for BTC to reach a new ATH, you might lose it all in an instant.
What are your thoughts?
How Fast?? Faster than we could ever imagined
. Do we know that Bitcoin move from around $10,000 last September to around $60,000 in just a span of 6 months. I believe that Bitcoin will repeat that move in the next years and that will be the time when it will hit the $100,000 price. When will that happen?? I don't know.
$100,000 or $1m by this year is possible but the chances of it happening is low IMO even though there are popular companies and establishments that are adopting it, I still believe into the fact that markets are moving in cycles therefore we might see a potential bear market before it will reach to at least a hundred thousand dollars.
Since I'm thinking that crypto markets are always moving in sideways, I already made a sellout strategy and I hope that most of you made a strategy too
. There is nothing wrong with the experts predicting the price of Bitcoin at the end of the year but the best thing to do is to take some profits. If you are one of those investors who bought Bitcoin at the peak of 2017, don't do the same mistake again and take some profits with you
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