Road to 100k?

[Tmoonz]

The thead was started in March and it’s been almost 6 months but bitcoin still trading between 50,000 USD to 60,000 USD so to cross 100k USD milestone for btc seems difficult in this year because the world is facing economic crisis. May be in next year this milestone will achieve by bitcoin!

I understand the market condition have made so many people to doubt the $100k target but I will not conclude that it will not happen again because bitcoin is a volatile assets that can surprise everyone if it really want to move. If there is a positive news that supports a bullish momentum, don't be surprise if bitcoin take just few weeks to reach the $100k target.

However, it is not always about bitcoin reaching $100k
 that should matter to us but what we are doing now and what will will achieve when price reaches that target. Are we making good use of the opportunity that is available in the market? This are more important things that should be our concern more than seeing bitcoin at $100k because this price will always be achieved in a matter of time.

Exactly, you have made interesting points. The 100k speculation is very achievable even this year, some people are only belittling the power of volatility of course yes it can be drastic and Bitcoin wll soar to a height beyond expectations, but yeah it will be very good and reasonable
enough to focus more on maximizing the market opportunities if we actually consider what we believe to have possibilities which is more better than prioritizing seeing Bitcoin hitting 100k without preparing for it by consistently buying more Bitcoin in our bag, the probability is the same.

[Mr.right85]

Exactly, you have made interesting points. The 100k speculation is very achievable even this year, some people are only belittling the power of volatility of course yes it can be drastic and Bitcoin wll soar to a height beyond expectations, but yeah it will be very good and reasonable

The skepticism people exercise when it comes to Bitcoin at $100k isn’t a belittling act from investors. A lot is being put into consideration most especially, the market and the history of bullruns kicking in after the halving.

If you take a good look at the charts, you’ll find this bullruns happening mostly after 6months and am using that for a baseline. We haven’t come close to that yet even though the ATH that preceded the halving have been broken.

enough to focus more on maximizing the market opportunities if we actually consider what we believe to have possibilities which is more better than prioritizing seeing Bitcoin hitting 100k without preparing for it by consistently buying more Bitcoin in our bag, the probability is the same.

Like you’ve said, no active buys as a preparatory phase can’t really translate to a price pump because, this are the conditions for scarcity. Active buys stresses on demand and that is reflected in the price.