Whether Bitcoin reaches $100,000 this year (2024) is uncertain. Here's what some experts predict:
Possibility: Some analysts, like Standard Chartered Bank, believe Bitcoin could hit $100,000 by year-end due to factors like increased adoption and potential approval of spot ETFs [CoinDesk Bitcoin Price].
Volatility: Bitcoin's price is known for fluctuations. Recent drops make reaching $100,000 more challenging, but not impossible.
Long-term Potential: Even if it doesn't reach $100,000 this year, some experts like those at Forbes believe Bitcoin has long-term potential for growth [Forbes Bitcoin Price Prediction].
Ultimately, the decision of whether to invest in Bitcoin is yours. It's important to do your own research and consider your risk tolerance.