The forum has repeatedly discussed what maximum mark $100K will reach in this cycle. Many are waiting for the level of $100K, and some, especially enthusiastic BTC-users, are talking about higher cost indicators ($150K and higher).
But now I would like to focus on another point. What is the minimum price mark that bitcoin will reach in the current cryptomarket cycle, because the lower the price, the more bitcoin (parts of BTC) can be bought. How low do you think bitcoin will fall in price after reaching $100K (or higher)?
Let me remind you that in 2018, bitcoin reached a price of ~$16.5K and fell to ~$3.5K, in 2022 - ~$67.5K with a minimum level of ~$16K.
No one exactly knows the price of bitcoin by the end of this bull cycle but for sure it will be a lot higher than 100,000$ per bitcoin
BTC. If we remember in the last cycle, we crossed the physiological 50K level with ease, this time too the momentum will be very high when the bitcoin surpass this level and it will just break the media, the fomo comming in and we can reach anywhere between 130K to 170K.
I know this range is very wide but here again the bitcoin will either fail to break 150K or if it break 150K will head straight to 160K+. These numbers seem difficult when we see the current price action, but we should be prepared for extreme volatility toward the upside again in this bull cycle.
Due that unpredictabilty then people or the community would really be having that kind of approach on which they would really be that normally be throwing out different numbers on where Bitcoins price could possibly
be able to reach out. Assuming that it had been able to done before with those previous cycles so it will really be just that normal that they will really be that guessing out with those higher numbers or ATH prices on which its normal. Some would be realistic and there are some which is really that too far off. It will really be just that depending on how you would really be doing up your steps on utilizing on accumulating more coins
which we arent that still yet. Each investor would be having their own ways on how they would be growing out their portfolio.
Speaking about corrections or huge decrease in price then it will really be just that normal on a market. We cant call it a market in the first place if it doesnt have that rise and fall kind of behavior.
It will really be just that something that you will really be needing up realize in the first place so that you wont be finding yourself to be that desperate. So its a normal approach on this aspect
and be realistic at least so that you would be that out to frustration and disappointment.