- Could the 100k dollars be seen before the halving?
From my point of view no. But,
We are already at only 38% and last month we rose more than that 40% in that monthly candle
During 2020, bitcoin was trading at 20k and went to 40k in 30 days of free rise and 2 months after that break it was already at 60k.
It is clear that after the halving the figure of 100k will be exceeded and much more if we continue with this demand from the institutional ones.
With the great movements of this last month, bitcoin is positioned as the eighth most valuable asset in the market, surpassing physical, paper and digital silver. And if its capitalization continues to rise, it will become one of the most valuable assets on the planet, surpassing the fantastic 7, being only behind gold.
So it is clear that we have this bullish momentum and these months may still be bullish but they must be cautious and start taking profits or start switching to currencies with even greater growth possible
As
Remember to never invest money that you cannot afford to lose, tell me if it is useful to you. Thank you.
