$100k waiting room | Bitcointalksearch.org

pawel7777

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Quote from: Tytanowy Janusz on Today at 01:59:29 AM

(...)
The price was slowly approaching 9.9k (same thing now). It stayed at 9.9k for a day (same thing now), and when it started to move, it moved hard hitting 11.2k in just 12 hours (+12%). Then there was a strong 24% dump down to 8.5k (profit-taking by those who played the breakout), and in just 3 days we hit a new ATH.

I think we might see something similar now.

I sure hope so. That'd be in line with most of the predictions that I've seen from different trading analysts. Straight up to ~$110k regions, then down, than back up again.

For a moment it looked like we might have had a correction when the price dipped to a lower $97k earlier today, but we're back up to above $99k as of now, so back to knocking at the $100k.

ndutndut

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Quote from: Ricardo11 on Today at 07:36:42 AM

Really everyone is waiting for $100K now, Bitcoin was very close to $100K today, and with a little pumping it would have crossed $100K, anyway it will happen anytime, we are going to achieve the milestone of $100K very soon, actually right now the bulls are resting for a while, after a while the bulls will start running again. And will cross $100K. Congratulations to everyone in advance for the $100K profit. Keep holding, after crossing $100K, we have to start planning the $1m party... Cheers. Grin

Bitcoin in November this year has certainly been an unforgettable month, a month that keeps us smiling. As Bitcoin is on a very impressive journey, even breaking records with a surprising surge of 40%, many of them are profiting from the price surge this month.

We are almost reaching the $100K mark, just a little bit more. Maybe in the next few days we will reach it considering that the price of bitcoin is still very strong at $98k and
The stablecoin flow that has reached this surprising number also shows the strength of market confidence this month.
In addition, Bitcoin is an asset as a hedge against inflation, it is not surprising that investors are optimistic that bitcoin will continue to soar until the end of the year. Even if there is a slight market correction lurking, it is only a good correction before the price of bitcoin gets higher.

Silberman

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Quote from: ajiz138 on Today at 09:53:19 AM

Quote from: TheUltraElite on Today at 05:18:07 AM

I got into bitcoin when its price was 600-700$/BTC and seeing it cross 10k USD back in 2017 made my day back then. Now 7 years down the line bitcoin is about to break 100k USD and this is indeed going to be a historic moment.

Once it is touched, a lot of selling will happen but I am sure we will cross and move forward from that price too. Celebrate or not, this type of movement in a speculative market indeed makes the news swell up which on the other hand dont seem to be making that much of a buzz.

Can't imagine buying bitcoin when it was $700/BTC and still keeping it now, it would have been a strong one but we would never have realized that bitcoin could go to $100K.
Seeing the price to $19000 at that time we were really happy with history not to mention in 2021 bitcoin went crazy again and now it happens again in every cycle where bitcoin is almost $100K less than 1%.

As many have targeted a sell-off at $100K this has been targeted by them before but I hope the price stays strong in that area so that when the selling pressure starts to loosen bitcoin can go up again.

I will just celebrate $100K as usual but will wait a little longer to HODL.

I became part of this market at a time in which bitcoin was roughly worth that much, and if the amount that you bought at the time was not high then to keep holding it until these days would not be that hard since you would not be tempted to sell, however if the amount invested in bitcoin was high then resisting the temptation to sell until now would have proved way more difficult, as an investment of 10k would be worth 1.42 millions, and we know this is not really the end of this bull run so that amount could go way higher.

ajiz138

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Quote from: TheUltraElite on Today at 05:18:07 AM

I got into bitcoin when its price was 600-700$/BTC and seeing it cross 10k USD back in 2017 made my day back then. Now 7 years down the line bitcoin is about to break 100k USD and this is indeed going to be a historic moment.

Once it is touched, a lot of selling will happen but I am sure we will cross and move forward from that price too. Celebrate or not, this type of movement in a speculative market indeed makes the news swell up which on the other hand dont seem to be making that much of a buzz.

Can't imagine buying bitcoin when it was $700/BTC and still keeping it now, it would have been a strong one but we would never have realized that bitcoin could go to $100K.
Seeing the price to $19000 at that time we were really happy with history not to mention in 2021 bitcoin went crazy again and now it happens again in every cycle where bitcoin is almost $100K less than 1%.

As many have targeted a sell-off at $100K this has been targeted by them before but I hope the price stays strong in that area so that when the selling pressure starts to loosen bitcoin can go up again.

I will just celebrate $100K as usual but will wait a little longer to HODL.

Ricardo11

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Activity: 532

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Really everyone is waiting for $100K now, Bitcoin was very close to $100K today, and with a little pumping it would have crossed $100K, anyway it will happen anytime, we are going to achieve the milestone of $100K very soon, actually right now the bulls are resting for a while, after a while the bulls will start running again. And will cross $100K. Congratulations to everyone in advance for the $100K profit. Keep holding, after crossing $100K, we have to start planning the $1m party... Cheers. Grin

fuguebtc

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Leading Crypto Sports Betting & Casino Platform

Although Bitcoin has not yet reached $100k and there is no confirmation from exchanges yet, it is safe to say that we will reach this target as the gap is not significant.
But one interesting piece of news I just read is that theBitcoin futures traded on the Chicago Mercantile Exchange (CME) crossed the $100k earlier today. So I think BTC natively will hit $100k today or tomorrow, we don't have to wait until the end of the month or the end of the year even if there is a correction.
Also , I am wondering if Bitcoin will continue to grow or will it be correct because I think there will be a lot of sellers when the price hits $100k .

https://bitcoinworld.co.in/bitcoin-cme-futures-surpass-100k/

Dr.Bitcoin_Strange

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I can imagine the joy of holder now that price is almost at $100k. New investors that took the risk of buying at $80k - $90k will be very much happy for the amount of profit they already have.

On trading view the price created a new resistant level at $99, 408 and if it go past it, we will see the price get to $101k. See us at $110k.

Dave1

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Quote from: TheUltraElite on Today at 05:18:07 AM

I got into bitcoin when its price was 600-700$/BTC and seeing it cross 10k USD back in 2017 made my day back then. Now 7 years down the line bitcoin is about to break 100k USD and this is indeed going to be a historic moment.

Once it is touched, a lot of selling will happen but I am sure we will cross and move forward from that price too. Celebrate or not, this type of movement in a speculative market indeed makes the news swell up which on the other hand dont seem to be making that much of a buzz.

Yeah, same here, I was into the Bitcoin sweepstakes in 2017, and we never thought that I will still be in the market after 7 years and witnesses several bull and bear market. But this one could be the especially one this is the first time that we will see $100k.

Latest ATH is $99,500, so we did almost touch, but still no dice.

But still I wouldn't be surprised that in the next 48 hours, we will finally break that $100k. Social media is abuzz, even my wife is asking me what's going with with Bitcoin as it had appeared in her social media. And I just said, it's ATH honey, Grin

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TheUltraElite

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So anyway, I applied as a merit source :)

I got into bitcoin when its price was 600-700$/BTC and seeing it cross 10k USD back in 2017 made my day back then. Now 7 years down the line bitcoin is about to break 100k USD and this is indeed going to be a historic moment.

Once it is touched, a lot of selling will happen but I am sure we will cross and move forward from that price too. Celebrate or not, this type of movement in a speculative market indeed makes the news swell up which on the other hand dont seem to be making that much of a buzz.

Cryptmuster

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Glory To Ukraine! Glory to the heroes!

True, on expectations the price can easily rise to the coveted 100,000. Long-term holders are starting to sell, but with such active growth, it would be logical to raise orders higher. There are many who do not believe in round numbers, and there are also those who do not believe that Bitcoin will be allowed to reach 100k, but it seems to me that this goal is becoming more than achievable and it may happen by the end of the week. In any case, it is only a matter of time.

Tytanowy Janusz

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How could breaking 100k look like:

Even Jessie Livermore talked about how he liked to play breakouts of key psychological levels (f.e $100 on stocks). He wrote in his book that after breaking $100, price never stops at $101. Investors and media getting hyped about it and we see a push up to at least $110-130.

$100,000 for Bitcoin is a key psychological price point. I remember in 2017 it was in all the newspaper headlines as Bitcoin's next target when it was breaking $10-20k levels. But we had to wait 7 years for it to happen.

And since playing psychological level breakouts was written about in books 95 years ago, we'll probably see a lot of profit-taking from short term traders.

Back to 2017 - let's look at how the $10,000 breakout looked like. Here's the hourly chart from that moment:

The price was slowly approaching 9.9k (same thing now). It stayed at 9.9k for a day (same thing now), and when it started to move, it moved hard hitting 11.2k in just 12 hours (+12%). Then there was a strong 24% dump down to 8.5k (profit-taking by those who played the breakout), and in just 3 days we hit a new ATH.

I think we might see something similar now.

In 2017, we were at 17k just 4 days later but I don't expect +70% in just a week in 2024 at marketcap higher than silver.

Barikui1

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Quote from: slaman29 on Today at 12:23:08 AM

This train is coming in hard.

Only big question is.

How are we gonna celebrate?

That's a very big question that not everyone can boldly answer, because I believe that so many folks out their have missed out in investing in Bitcoin earlier, thinking that the price will retrace to a cheaper price,so that they can buy, but the more they wait, the more the price of Bitcoin keeps on appreciating, and now, they have missed out on the big party the Bitcoin community will be having.

Then as for the 100k target, I think that at this point nothing is stopping it from hitting the the magnificent 100k milestone because more investors are coming into the market, and one of the major thing that brought more investors into the market is because of not just the expected bull run, but also the victory of Donald trump, a crypto friendly leader, and so I believe that it would not stop there, hopefully before February next year, the price might have skyrocket to 120k if it continues with the same pace as it is now.

slaman29

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I have to say yes, resistance, but not even as hard as I thought it would be. There's practically no big retracing happening. 2 days ago 91k and now 99k, usually if you get some strong resistance there's even 10% crumbling of price. This train is coming in hard.

Only big question is.

How are we gonna celebrate?

pawel7777

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image source: https://bitcoinmagazine.com/markets/buy-as-much-bitcoin-as-you-can-before-100k

We're almost there lads. Today we've hit another ATH of $99,014, so less than 1% away from the magic number.
As expected, there's some more resistance here, but hopefully the greed will kick in and sellers will move their orders a bit higher.

With good winds, we might see it breaking past within a few hours or a day, but small correction or some side action before that happening is also fairly possible.

Topic: $100k waiting room (Read 105 times)