Question For Bitcoin Hodlers - How Much Longer Will We Be Stuck In The $40K range? - 10% @tron-fan-club

"Why didn't I sell my Bitcoin at $50, why didn't I sell at $60k, why didn't I sell at $69k, it was definitely the top," most people are probably thinking right now. Cryptocurrency is unpredictably; when it reaches a peak, how do you know the peak will be the last ATH? What makes you think it won't down again?

In 2017, when bitcoin hit an all-time high of $19k, it dipped and dropped. When Bitcoin dropped below $3k in 2018, those who owned it wished they had sold it at $19k. However, three years later, the price began to rise once more, surpassing the previous all-time high of $19k.

In 2021, bitcoin surpassed a number of all-time highs, including a $19k all-time high, as well as $20k, $40k, $50k, and $60. However, one of the most common regrets was selling too soon. Those who bought in 2017 for $19k and have held it since, seeing it drop to $3k (lowest in 2018), swiftly sold when the price rose to $20k or $30k to make a small profit having waiting for years.

A lot of People held their bitcoin since the story of a $100k bitcoin price was spreading about in November of 2021, I owns a significant amount of Bitcoin, and was among those people that hold, when Bitcoin hits $69k the last all-time high, I didn't sell, I believe the story of the price hitting $100k.

Now, Since the beginning of the year, bitcoin has been fluctuating between below and above $40,000. Despite the fact that we often stress the significance of taking profits, I rarely do so since I am always focused on the future. While I wait, the best I can do is stake, lend, and generate passive income from my holdings. When will I finally sell my coins? I've given it a lot of thought. I guess I'm not going to get that response anytime soon.

While bitcoin remains around the $40k level ($48k resistance and $32k support) since the beginning of this year, other coins are doing the same in their respective ranges. Because of Bitcoin's supremacy, most Altcoins are now reliant on its movement. We are now in the second quarter of the year, and while there has been a lot of positive news about bitcoin, the price has remained unchanged. This year has witnessed a surge in interest in cryptocurrency, particularly among big individuals and groups. Bullish crypto news is so common these days that it has become the routine, but it is no longer good enough to show a meaningful price difference. I recall when a single tweet from a Twitter millionaire influencer could send the price of bitcoin soaring, but that is not the case now, or at least not right now.

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Is a Bitcoin price of $100,000 still possible?

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Bitcoin is currently trading at $39k, however it's approximately $61k away from $100k, which would be a more than 100% rise, which I believe is doable. I've seen the market swing in the oddest of ways, so bitcoin reaching $100k is a distinct possibility. But when is that going to be possible? I'm not sure, but I suppose it depends on when the big crypto billionaires decide to play with their money. lol 😆.

That's just my belief, but I'm confident that $100k is doable, and I'm still holding on to that belief.

Cover image made with Canva, the other images are screenshots from my Binance account.