You are viewing a single comment's thread from:

RE: When do you think that one Bitcoin will be worth US$100,000?

in Reverio2 years ago

In my opinion, Bitcoin to 100K is still just a matter of time.

An inevitability, if you will!

I know it might sound crazy as we continue to dip lower through this bear market we find ourselves entrenched in, but when you take out the human emotion and focus purely on the fundamentals, Bitcoin is still in a great spot.

Even from a technical point of view, price is still trading in an extremely orderly manner, respecting support/resistance levels on the way down.

Bitcoin daily chart.

It sucks to watch price grinding lower right now, but this orderly price action in a bear market is actually a good sign.

Remember, in a volatile asset like Bitcoin, price can just as easily rip higher when the market turns.

And if you don't believe it's going to turn eventually, then really what are you even doing in this space? 😉

Patience...

100K Bitcoin is coming.