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Author Topic: Bitcoin not yet at $100k, why?  (Read 954 times)
OgNasty
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May 15, 2021, 10:46:08 PM
 #141

People were too bullish so the market needed to wipe out some leveraged longs. This needs to happen as markets rise. It has the added bonus of showing irrational investors that they can’t just 75x leverage long an asset and get rich. Everyone would have Diamond hands if it was easy. Sometimes not taking shortcuts and stacking sats while ignoring the noise is the way to go…

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May 16, 2021, 02:59:56 PM
 #142

Huh? I am confident that Bitcoin will reach $100k one day. I wouldn't even doubt that at all, but it may take some time. Could also happen this year, we aren't far from $100k.
impossible this year the price of bitcoin will reach $ 100k, now the price of bitcoin continues to decline. looks like bitcoin has passed the peak and I think the price decline will continue. waiting for the next ATH  Wink
I am also starting to have a little doubt if bitcoin can reach the price of $100k this year, because some time ago the price of bitcoin has plunged from $64k to only around $48k, but even so I believe if there will be positive news that hits bitcoin in the market of course the price of bitcoin will go up again, and I think the current price of $48k is becoming a thick wall and difficult for bitcoin to break in the near future, but if bitcoin can pass the $50k resistance and go up to $ 55k, then be prepared if bitcoin will create another new record high price.

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