Cryptocurrency Q&A What will happen if bitcoin hits 100k?

What will happen if bitcoin hits 100k?

Claudio Claudio Tue Dec 03 2024 | 6 answers 1402
I'm wondering about the potential impact and outcomes if the price of Bitcoin reaches 100,000. Will it cause a market frenzy or a crash? What are the possible scenarios? What will happen if bitcoin hits 100k?

6 answers

IncheonBeautyBloom IncheonBeautyBloom Thu Dec 05 2024
The analyst has predicted that Bitcoin will undergo a significant correction in the range of 20% to 30% from its current price zone of $100,001.

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SilenceStorm SilenceStorm Wed Dec 04 2024
However, this buying activity is not expected to be as aggressive as it has been in the past.

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DaeguDivaDance DaeguDivaDance Wed Dec 04 2024
This correction is expected to lead to a decrease in the number of individual investors in the market, often referred to as "people leaving."

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Federico Federico Wed Dec 04 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to both individual and institutional investors.

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MysticInfinity MysticInfinity Wed Dec 04 2024
Despite this prediction, the analyst remains optimistic about the future of Bitcoin, particularly in terms of institutional investment.

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