It will go past $100,000, possibly much higher but nothing is certain. All we do know is that its’ volatitliy creates massive opportunities for earning a lot of money. And losing a lot, if you’re not careful.
At this point I’d say it’s gambling, but if you stick to some simples rules like buying when it’s really low, then you won’t have as much to lose and all that much more to gain in the end.
“There is a gigantic difference between earning a great deal of money and being rich.” —Marlene Dietrich
BTC hits 34K and how?! It has been crazy run from about 12K. Last week has been even crazier! But it seems now in bobble zone. Entry here seems very risky. Nobody knows how far the rally will go. It will definitely fall from top.
In last rally of 2016, It had a crazy run to 20K. But then fell to 5K. it took 5 years for people to breakeven who entered in 2016 Top.