Cryptocurrency Q&A
What happens if Bitcoin hits 100k?
What happens if Bitcoin hits 100k?
CryptoLord
Wed Nov 27 2024
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5 answers
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I'm wondering about the potential impacts and outcomes if the price of Bitcoin reaches 100,000. Will it affect the economy, other cryptocurrencies, or investment patterns? What should investors expect in such a scenario?
5 answers
EthereumLegend
Fri Nov 29 2024
The analyst has projected a potential correction of 20% to 30% for Bitcoin from the $100,000 range.
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HanbokGlamour
Fri Nov 29 2024
This correction is anticipated to lead to a significant exodus of individual investors, often referred to as "people," from the market.
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KatanaSword
Fri Nov 29 2024
Despite this expected retrenchment, the analyst remains optimistic about the future of Bitcoin, particularly in terms of institutional involvement.
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CryptoPioneer
Fri Nov 29 2024
He believes that institutional investors will continue to buy Bitcoin, driving a bullish trend, albeit at a less aggressive pace compared to previous periods.
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DondaejiDelight
Thu Nov 28 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services tailored to both retail and institutional clients.
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