WHAT are the chances that Bitcoin will hit $100,000 by end of December?

I

Iwilldoit

Hi All,

Do you believe that Bitcoin will hit $100,000 by December 31?

Please specifically explain your reasons why or why not.
I decided to post in this section, not the bitcoin forum since I wanted an objective realistic opinion. ( ie not oh it will go to $100,000 in a week)
Thank you,
 
Iwilldoit said:
Do you believe that Bitcoin will hit $100,000 by December 31?
More...
Bitcoin cannot possibly go that high. That is too high. I have no valid reasons why, I just don't want to see it go that high. I would rather see it crash.

Governments are creating their own, official, digital currencies presently...that will make all those fabulous, magical, cryptos less mainstream.
 
SPX Options Trader said:
Bitcoin cannot possibly go that high. That is too high. I have no valid reasons why, I just don't want to see it go that high. I would rather see it crash.

Governments are creating their own, official, digital currencies presently...that will make all those fabulous, magical, cryptos less mainstream.
More...

There is no limit to fiat money supply including central bank digital currencies. There will only ever be 21 million bitcoin. Do the math.
 
President Biden just nominated a well-known crypto critic, Saule Omarova, to be the Comptroller of the Currency. Don't expect any Bitcoin love from the Biden administration.
 
Unless, there is a stock market meltdown and everyone converts to BTC all at once. This is more naive thinking than those AMC to 10k+ ape videos on YT.

Maybe in 3-5 years but 3 months that's ludicrous.
 
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