When bitcoin hits 200 000 USD?

[Powerjumboo]

I want Bitcoin to reach $200,000 because it was already over $100,000 last year. Why $200,000? Because I bought a lot of Bitcoin at under $20,000 back in 2022.

So when do you expect Bitcoin to reach $200,000? How long do I have to wait, multiplied by 10?

Not only you, but we all want Bitcoin to reach $200,000. But if you just go ahead with the expectation of reaching $200,000, we must definitely invest and move forward with the investment. Did you really buy many Bitcoins in 2022? And if you bought them, are you still holding them? If you are holding them, then you keep them in a longer term plan because Bitcoin will definitely increase and will reach a higher price even after crossing $200,000. Moreover, if you can wait for 5 to 10 years or 15 years, then you will reach a higher price where even imagining it would be like a dream, maybe it could be $1 million. So I would say that if you have Bitcoin, definitely hold it and keep it in a long term plan. I have a very small amount of Bitcoin which I am increasing by investing in the DCA method.

[Stable090]

Don't trust anyone who tells you a specific date for Bitcoin to reach $200,000. That's practically impossible. No one can predict it accurately; it's all just analysis and guesswork that may or may not be right.

By now we should know that nobody can accurately predict the price that bitcoin will go within a specific period of time. If anyone tells you bitcoin will hit a particular price within a specific period of time, then you should know the person is just deceiving you that’s impossible. Bitcoin price can pump and dump at any moment, so we are suppose to be prepared always because bitcoin can decide to take any direction.

The recent dip in the market came as a shock to people, because most people were expecting bitcoin price to pump, since it has not been too long that bitcoin created a new all time high, most people expected bitcoin price to keep on increasing, but everyone were just shocked that bitcoin price started dumping.

[Asiska02]

I want Bitcoin to reach $200,000 because it was already over $100,000 last year. Why $200,000? Because I bought a lot of Bitcoin at under $20,000 back in 2022.

So when do you expect Bitcoin to reach $200,000? How long do I have to wait, multiplied by 10?

With the rate at which Bitcoin is growing and hitting new all time highs at every cycle, I think if that trend should continue, then your wait will soon be coming ti an end because Bitcoin will reach $200K in the next bull cycle if eventually the trend is being obeyed by the market. A lot of external factors are affecting the growth of Bitcoin if not, it has even being anticipated to reach $200K in the just concluded bull cycle, but it never got to reach before it reversed and started its bearish trend. The history has not yet being disrupted overall, but it may anytime soon but we still remain hopeful that nothing happens and and we will continue to aspire for bigger price targets in the market.

[SquallLeonhart]

I want to tell you that after reaching an all-time high price, and after the massive collapse of the BTC market due to Epstein and other growing geopolitical chaos, it is not easy to predict when the price of Bitcoin will reach $200k, to be honest, there is huge volatility at the moment. Actually we have been watching this closely, since the price of this coin recorded a new ATH of 126k in October last year but it has crashed by almost 50%. However if you bought a lot of Bitcoin in 2022 with $20k, then notice that it has reached very highs in a few years, so it is conceivable that you will have to wait until the fifth/6 Bitcoin halving to add a 10x gain to your investment portfolio.

You are right to assume that it will not recover and go back and hit 200k anytime soon. You are wrong on the reasons you listed, it is not about anything on the news, it is because of the historical pattern and denying that will hurt you in the future, because if it was last year, even Epstein or chaos wouldn't change.

Let me put it this way, in 2021 it went up even though there were bunch of wars happening all around the world and pandemic was going on, because that is what it does, so know the exact times of the patterns and you will be fine. Every 4 years we have halving, one year after halving is when it peaks, two years after halving is when it bottoms. Know this, and no amount of news will matter for you when you invest.