What is going on???
Market volatility. As a result of demand and supply which affects the price.Also, can anyone predetermine if the btc will reach the $100,000 and is the btc
worth the investment...An educated guess, is acceptable!
No, you can not pre-determine price action. All we can do is speculate based on available data on; supply, trading demand, previous price action and adoption rate.worth the investment...An educated guess, is acceptable!
With the current rate of adoption and the gradual shrinking of supply pump, I am fairly confident we would hit $100k, I can however not say if it's within the next year, or next ten years.
As said above, the value of Bitcoin remains the same through market cycles, so if you're confident in the network, it's easier to hodl.
