For $BTC to reach 110,000 USD, something like this would probably have to happen:
1. Continuation of the bull run post-halving
Historically, prices rise sharply after the halving (as in 2013, 2017, and 2021), and we are right in that phase.
2. Inflows of institutional capital
With the approval of Bitcoin ETFs in the U.S. (January 2024), we are already seeing more money coming in from large funds. If this continues, it is bullish.
3. FOMO narrative in media and networks
When you see people who never talked about crypto start talking about Bitcoin on social media, it is a sign that the hype is igniting. The greater the hype, the higher the price (until it bursts).
4. Weakness of the dollar or financial crisis
If central banks start printing money again, many will seek refuge in assets like BTC. That could push the price up significantly.
Recommendations for speculating without burning yourself?
Set a target (for example, sell something between 90k and 110k)
Do DCA (Dollar Cost Averaging) if you are going to enter, to avoid hitting the peak directly
Use a mental or real stop-loss if it drops significantly
Don’t invest more than you can afford to lose