Because most of my friends believe that BTC reached 100,000 US dollars in December, so I want to discuss whether this is true
You already has your answer mate , we are more than a week before December ends and yet what we have now?
For me i will answer you frankly , NO WE WILL NOT MAKE IT TO 100k this year.
and even if next year i doubt this will happen that is also why i will keep my holdings for more years and will never expect high this year and the next.
that's pretty self explanatory. the current state of which retaliated directly. I think, the current price of $100k is still unattainable. in fact, if the end of the year ends up being over $55k or $60k, that's already very good. what's more, if we start 2022 at that price, chances are, we can go back to discussing, and speculating that bitcoin price could possibly reach $100k or not.
Yet even what we said here or there the problem is the possibilities of bitcoin reaching that high is likely not going to happen this year , we have 2021
that made it really high but what about 2022?
when there are lot of negative things happening specially now that there are a crisis because of the War in which brings the OIL price really that high.
Because most of my friends believe that BTC reached 100,000 US dollars in December, so I want to discuss whether this is true
December 2021 has passed, the predicted $100k bitcoin price at the end of December did not happen. Entering the beginning of 2022 until now the price of bitcoin is still experiencing a decline in price to the level of $ 40k in the last few weeks. In my opinion, bitcoin has to hit $55k price first to create positive sentiment to confirm that bitcoin is back on a bullish trend to hit its $100k price target in Q2 this year.
2021 or 2022, this will never happen that is the reality of market now.
