$120,000 Bitcoin is going to happened?

justdimin

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Quote from: fuguebtc on June 21, 2024, 06:22:49 AM

In short, the goal of 120k$ may or may not happen this year , no one has a crystal ball to predict the future. If we have good market conditions, it is not too difficult for bitcoin to reach 120k$ in 5 months, but if market conditions are not good, it will be very difficult for bitcoin. But one thing I'm pretty sure of is that it's only a matter of time before bitcoin reaches $120k or more.

We all know that Bitcoin is unpredictable and its price is very volatile, so setting monthly or yearly goals and arguing about them is pointless. Instead, we should set long-term goals and only sell when we achieve the set goals.
Setting specific goals for each month/year only creates more pressure and causes us to make wrong decisions. I have seen many investors fail for this reason so I think we should avoid making this mistake.

I mean a lot of people will say if they think it will or if it won't, but like you said nobody has crystal ball that tells the future, we are just speculating here. To be fair it is the "speculation" page of bitcointalk, so it is normal if people shared their opinions, then it would be something that we could discuss, that is the point of here.

So we should start with the premise that none of the people here know anything and they are just speculating, and then make our case. So if most of the people say that it will, then that means this forum thinks that it will, then it is up to you to decide if you want to do something about it or not, there is really nothing that can stop you from buying or selling.

JiiBs

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Well, I understand that a thread isn’t solely about the individual or user to have created it and could be taken over as well as observed by many other users but, even then, you do need to watch out for responses or reactions from OP.

Upon seeing this thread, after going through the OP the next place I turned my eyes to was to look up the activity of the OP and having just a single post and an activity, was last seen a day after thread creation didn’t paint the picture of someone who is really interested in this thread. Maybe the OP could be here as a guest but, as a user who don’t sure of the stands on $120k Bitcoin price, you would expect that the user be active on this thread at least but, the OP is all that is from the user on a 4page turn over thread. Not only of the thread but the forum entirely.

These be taken into account.

fuguebtc

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Quote from: Moreno233 on June 21, 2024, 12:04:24 AM

Quote from: STT on June 20, 2024, 07:44:44 PM

Think about the giant spike required to get 120k now, its double the price in just 5 months before year end. I wont say its not possible but its not healthy and we shouldn't really wish for it if wanting BTC to grow as best it can. If all we see is BTC repeat 50 to 70k for the rest of the year then I'd opt for that scenario as the more healthy of the two; eventually it does lead to better prices by building volume here first.

You are forgetting that Bitcoin can move when it really want to and doing X2 within 5 months is the least obstacle that it can break. Even when it is not necessary to expect so much given the uncertainties surrounding Bitcoin, it is also good to check past records to see what is possible in the future. From November last year to January this year, Bitcoin price doubled, this is just 3 months interval, although most of the moves was attributed to the halving. But the point is that it is very much possible for price to double within 5 months.

We are approaching the second part of this year, a time that Bitcoin usually do so well from past records. I believe we will begin to see more momentum in the market as we approach the end of the year and price might possibly hit the peak early part of next year.

In short, the goal of 120k$ may or may not happen this year , no one has a crystal ball to predict the future. If we have good market conditions, it is not too difficult for bitcoin to reach 120k$ in 5 months, but if market conditions are not good, it will be very difficult for bitcoin. But one thing I'm pretty sure of is that it's only a matter of time before bitcoin reaches $120k or more.

We all know that Bitcoin is unpredictable and its price is very volatile, so setting monthly or yearly goals and arguing about them is pointless. Instead, we should set long-term goals and only sell when we achieve the set goals.
Setting specific goals for each month/year only creates more pressure and causes us to make wrong decisions. I have seen many investors fail for this reason so I think we should avoid making this mistake.

wiss19

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Quote from: EarnOnVictor on June 12, 2024, 03:21:04 AM

The truth is that the $120,000 is very feasible to be hit by Bitcoin, even in this current bullish season, but we should also think minimally and apply some caution so that it will not mislead us. Besides, let me sound this as a note of warning to you, no one knows what will happen in Bitcoin emphatically, we are all trying to speculate. For this, anyone whose speculation is not constructive enough should be disregarded. Fine, you heard that Bitcoin would hit $120,000, asking how from those who said so is a very good way to start. This is how you know they are serious with their utterance.

But for me, the market is difficult to speculate at an upper end that it has never reached before and I believe those who are predicting such are only doing some kind of guesswork. This could be based on the assumption of what they feel have happened and using it to guess what could happen afterwards. But the market doesn't work like that, it can disappoint the most promising guesses at times.

Lastly, we need a break of the current ATH at $73,830 to start with, and if that level could be breached successfully with a serious bullish trend confirmation, then $100,000 may be possible over time before even thinking of the $120,000.

Being careful and being too careful could be the difference maker for money making. We know that it is going to be something great, it will be 120k, so we should not really avoid it, make as much investment as you can afford to (do not invest money you can't afford to lose) and you should be fine, because it will go up that much without an issue.

I personally believe that the reality we are living today isn't a simple one, and it should take a while to be better, it can't be really all that crazy, it needs to be considered as normal. I personally believe that the best way to approach this would be just realizing that we are going to be doing just fine, so investing without fear is a good idea and everyone should try to do that.

Moreno233

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Quote from: STT on June 20, 2024, 07:44:44 PM

Think about the giant spike required to get 120k now, its double the price in just 5 months before year end. I wont say its not possible but its not healthy and we shouldn't really wish for it if wanting BTC to grow as best it can. If all we see is BTC repeat 50 to 70k for the rest of the year then I'd opt for that scenario as the more healthy of the two; eventually it does lead to better prices by building volume here first.

You are forgetting that Bitcoin can move when it really want to and doing X2 within 5 months is the least obstacle that it can break. Even when it is not necessary to expect so much given the uncertainties surrounding Bitcoin, it is also good to check past records to see what is possible in the future. From November last year to January this year, Bitcoin price doubled, this is just 3 months interval, although most of the moves was attributed to the halving. But the point is that it is very much possible for price to double within 5 months.

We are approaching the second part of this year, a time that Bitcoin usually do so well from past records. I believe we will begin to see more momentum in the market as we approach the end of the year and price might possibly hit the peak early part of next year.

Nwada001

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Quote from: Russlenat on June 20, 2024, 07:32:32 PM

First, it's $100k, then $120k and others predicted it into $150k, I believe bitcoin will achieve them in its perfect timing. But for now, seeing the price could hardly even crossed $70k again, I think it's more practical to set $80k first as it's new all time high. Hopefully, we will come to see it even before year end, as long as bitcoin won't be affected by sudden big and negative news that will pull its price down again.

Most times, what I see in price speculation is actually not what people are expecting. Before Bitcoin crossed $73k last time, when it was struggling to even leave the $20+ level, traders's speculation was that we were going to break the new ATH soon, and there was not much of a certain price to reach given until the recent spark that took it to $73k, which took a lot of us by surprise.

I still believe what we see now in the market is just a little setback, and if Bitcoin overtakes that $80,000, it can be reached within a week. Reaching that price is very certain for Bitcoin. The only uncertainty here is the timing; we don't know exactly when it will happen.

STT

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120k isnt happening this year, this thread is way too soon and if anything its bearish to have a thread like this. When people jump the gun, over anticipate its not a good sign generally for BTC growth to surprise when its already expected.

Think about the giant spike required to get 120k now, its double the price in just 5 months before year end. I wont say its not possible but its not healthy and we shouldn't really wish for it if wanting BTC to grow as best it can. If all we see is BTC repeat 50 to 70k for the rest of the year then I'd opt for that scenario as the more healthy of the two; eventually it does lead to better prices by building volume here first.

Russlenat

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Quote from: adam james on June 08, 2024, 03:23:31 AM

I am new to BitcoinTalk BTC

My question is that I heard rumors about $120,000 Bitcoin
What is your opinion on this matter?

First, it's $100k, then $120k and others predicted it into $150k, I believe bitcoin will achieve them in its perfect timing. But for now, seeing the price could hardly even crossed $70k again, I think it's more practical to set $80k first as it's new all time high. Hopefully, we will come to see it even before year end, as long as bitcoin won't be affected by sudden big and negative news that will pull its price down again.

Onyeeze

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Quote from: adam james on June 08, 2024, 03:23:31 AM

I am new to BitcoinTalk BTC

My question is that I heard rumors about $120,000 Bitcoin
What is your opinion on this matter?

sometimes speculation will carry some people away why in the information is a fake information so what I'm saying is that whatever thing that will want to know concerning bitcoin price is on internet you don't need to believe a side information that you acquire from people what you need is that when you hear information you have to process it very well by making a research to know the positivity in that information, bitcoin price is still going up but bitcoin has not gotten to this particular price you mentioned and when bitcoin prices get to the price you mentioned it will be carrying everywhere information willy circulate around the internet that bitcoin price is up to 120k but right now the price is still fluctuating within 66k

uchegod-21

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Quote from: Kelward on June 17, 2024, 04:16:21 PM

Quote from: adam james on June 08, 2024, 03:23:31 AM

I am new to BitcoinTalk BTC

My question is that I heard rumors about $120,000 Bitcoin
What is your opinion on this matter?

Welcome to the forum and as for what you've heard about Bitcoin price reaching $120k, that is not a rumor, it's something that will surely happen. The question that you should be asking is when will this $120k price happen, I doubt that anybody can give you an accurate answer or predictions. What I can tell you is that Bitcoin is a long term project, you buy, hodl and wait for as long as it takes before price will reach your estimated price. If you research Bitcoin history from it's creation till now, you'll understand that it has gained a reputation as a store of value that it's price will continue to increase in every bull run and it'll always reach new ATH price.

I like the response... $120,000 is not a rumour, it is something that must happen, but the problem is that we don't know what time exactly it will happen. So, in order not to miss out, join the bandwagon now there is still time. You can start buying using the famous DCA method. That is the method of buying consistently and as you can afford to buy. I wish you good luck in your investment journey. We are all here for good, but you can also expect the worse. The industry is a two edged sword, it can go either way at any time.

Kemarit

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Quote from: Falconer on June 19, 2024, 02:27:58 PM

Quote from: Kelward on June 17, 2024, 04:16:21 PM

Quote from: adam james on June 08, 2024, 03:23:31 AM

-snip-

Welcome to the forum and as for what you've heard about Bitcoin price reaching $120k, that is not a rumor, it's something that will surely happen.

No, I can't say $120k is definitely going to happen without a really good scenario.
You can't convince someone of something they're not certain of. To reach $120k, bitcoin certainly needs more support from investors and traders which makes market demand high. Bitcoin's market cap will be huge when $120k is reached, so don't make any guarantees that could sway anyone.

But that's what have been happening many bull runs back. Investors are still in support of Bitcoin, we have seen in in 2017, 2021 and hopefully at the end of 2025 as well and push the price to a new all time high. Although there could be arguments that the past is not a guarantee for the future, but here in this market, that value still holds true during bull run and whatever scenario we will have in the future.

So I will still see support in the future no matter what. Bitcoin has been in the worst, (remember pandemic, March 2020?). And investors are so resilient in the next couple of months after that halving and then we go on parabolic rise till November and reaches $69,000. It's just a matter of time, it could be less that $120,000 or even higher as what other projected around $150,000.

BABY SHOES

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Quote from: Falconer on June 19, 2024, 02:27:58 PM

No, I can't say $120k is definitely going to happen without a really good scenario.
You can't convince someone of something they're not certain of. To reach $120k, bitcoin certainly needs more support from investors and traders which makes market demand high. Bitcoin's market cap will be huge when $120k is reached, so don't make any guarantees that could sway anyone.

Leave for yourself this certainty so don't give certainty to others this is not necessarily when the time is right, when someone asks if bitcoin will go up then I answer YES, but I don't know when it's certain maybe my prediction could be wrong.

But always be optimistic for yourself that bitcoin will go to $120K at least $100K.

When the price of bitcoin goes to $120,000 then the current capitalists will double in the future, but we never know just hope this will happen soon in the near future, just waiting for the time we will find out.

stomachgrowls

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Quote from: adam james on June 08, 2024, 03:23:31 AM

I am new to BitcoinTalk BTC

My question is that I heard rumors about $120,000 Bitcoin
What is your opinion on this matter?

If we do tend to speak about having that x2 on the current price then it is really that something attainable or reachable on which it isnt really that too far off, but the main question on here is that
no one really knows on what would happen in the future but basing up on the current market cycle on which we arent that still on a bull run yet then it would really be the best time for us to make some
DCA or accumulation while the price is still cheap or still low before that train would really be having that moonshot. The thing you should really be having in mind is not to make yourself that being too rushed
when it comes price predictions or speculations on which we know that this is something that cant really be predicted in the first place.

This is why it would really be always that better that you shouldnt be rushing up yourself with those numbers and also the main rule of this market is to expect
the unexpected because no one really knows on what would happen in the future.

Falconer

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Quote from: Kelward on June 17, 2024, 04:16:21 PM

Quote from: adam james on June 08, 2024, 03:23:31 AM

-snip-

Welcome to the forum and as for what you've heard about Bitcoin price reaching $120k, that is not a rumor, it's something that will surely happen.

No, I can't say $120k is definitely going to happen without a really good scenario.
You can't convince someone of something they're not certain of. To reach $120k, bitcoin certainly needs more support from investors and traders which makes market demand high. Bitcoin's market cap will be huge when $120k is reached, so don't make any guarantees that could sway anyone.

Quote from: Kelward on June 17, 2024, 04:16:21 PM

The question that you should be asking is when will this $120k price happen, I doubt that anybody can give you an accurate answer or predictions. What I can tell you is that Bitcoin is a long term project, you buy, hodl and wait for as long as it takes before price will reach your estimated price. If you research Bitcoin history from it's creation till now, you'll understand that it has gained a reputation as a store of value that it's price will continue to increase in every bull run and it'll always reach new ATH price.

$120k is the price that bitcoin might reach in the coming year if the bullishness continues. In fact, we never really know whether $100k can be achieved for various reasons, but all of that is just a possibility while we are still on the path of Bitcoin's bullish cycle after the halving.

Faisal2202

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Quote from: Marvell1 on June 19, 2024, 06:16:19 AM

To be fair, none of us knew what was going on. Some people rely on history and believe that the real bull season is not yet here, while some people think that bitcoin creating a new ATH proves that the bull season started a long time ago and is gradually ending when there are many recent adjustments. According to my observations, the market is divided into two camps and each person has their own opinion about the market, it is difficult to know who is right and who is wrong.

As I said before, if most of people think the market is bullish then it will be bullish or otherwise. So considering this, if most people think the bull run has not started yet then the bull run will come as these most people must be holdings a lot of BTC waiting for another ATH so they would take more profit. Therefore market will be forced to make new ATH otherwise if most people are thinking bull run has already started then it is and the overall market sentiments will change. So yeah if we could count the number we will know who is right and who is wrong.

Quote from: Marvell1 on June 19, 2024, 06:16:19 AM

There is a huge gap between my prediction and yours, so it is understandable that you are surprised by my prediction. Even though the market is having bad developments, I still haven't changed my view about the market, let's wait and see what bitcoin's final ATH will be when this bull cycle ends.

The Market is not having bad developments as I think it is correcting itself so it's a good thing. Surprise is also a good thing and it will be best if it get real.

Marvell1

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Quote from: Faisal2202 on June 17, 2024, 03:38:18 PM

Quote from: Marvell1 on June 09, 2024, 10:16:31 AM

You are probably the only person who has the most modest prediction about bitcoin, saying that the highest price that bitcoin can reach is only $100k during this bull season.

I was not trying to be modest just shared what I get from others. We all know the BTC market flows with the sentiments of its users (buyers and sellers) if most of the users are saying it can't touch this target the chances of touching it decrease as most of the members just can't fake it. But the wise one takes advantage of the situation by taking early actions to book or take entries.

I am quite amazed to hear that BTC can still touch $180k or $200k in this bull run. I think bull run is already started as BTC has made new ATH. As BTC price has increased rapidly and this indicates bull run. Now we are seeing the bull run and if you say we yet to see the full potential of it yet. Then that's a relief to my mind. I really hope it will touch that target in this bull run but to me it is modest prediction.

To be fair, none of us knew what was going on. Some people rely on history and believe that the real bull season is not yet here, while some people think that bitcoin creating a new ATH proves that the bull season started a long time ago and is gradually ending when there are many recent adjustments. According to my observations, the market is divided into two camps and each person has their own opinion about the market, it is difficult to know who is right and who is wrong.

There is a huge gap between my prediction and yours, so it is understandable that you are surprised by my prediction. Even though the market is having bad developments, I still haven't changed my view about the market, let's wait and see what bitcoin's final ATH will be when this bull cycle ends.

Kelward

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Quote from: adam james on June 08, 2024, 03:23:31 AM

I am new to BitcoinTalk BTC

My question is that I heard rumors about $120,000 Bitcoin
What is your opinion on this matter?

Welcome to the forum and as for what you've heard about Bitcoin price reaching $120k, that is not a rumor, it's something that will surely happen. The question that you should be asking is when will this $120k price happen, I doubt that anybody can give you an accurate answer or predictions. What I can tell you is that Bitcoin is a long term project, you buy, hodl and wait for as long as it takes before price will reach your estimated price. If you research Bitcoin history from it's creation till now, you'll understand that it has gained a reputation as a store of value that it's price will continue to increase in every bull run and it'll always reach new ATH price.

Faisal2202

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Quote from: Marvell1 on June 09, 2024, 10:16:31 AM

You are probably the only person who has the most modest prediction about bitcoin, saying that the highest price that bitcoin can reach is only $100k during this bull season.

I was not trying to be modest just shared what I get from others. We all know the BTC market flows with the sentiments of its users (buyers and sellers) if most of the users are saying it can't touch this target the chances of touching it decrease as most of the members just can't fake it. But the wise one takes advantage of the situation by taking early actions to book or take entries.

I am quite amazed to hear that BTC can still touch $180k or $200k in this bull run. I think bull run is already started as BTC has made new ATH. As BTC price has increased rapidly and this indicates bull run. Now we are seeing the bull run and if you say we yet to see the full potential of it yet. Then that's a relief to my mind. I really hope it will touch that target in this bull run but to me it is modest prediction.

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Quote from: NicNacCoin on June 12, 2024, 07:30:28 PM

Quote from: adam james on June 08, 2024, 03:23:31 AM

I am new to BitcoinTalk BTC

My question is that I heard rumors about $120,000 Bitcoin
What is your opinion on this matter?

Whether you are new or old, there is nothing to disbelieve the rumors you have heard about the price of Bitcoin that could definitely happen by 2025. If you research the price of Bitcoin, you can see that Bitcoin can naturally reach $100,000 by 2024 and $100,000 to $170,000 by 2025. Currently the Bitcoin market is looking to rise from $70k to $67k but this market volatility definitely follows a good direction.

The 4-year period will fall in 2025 when a new ATH will be formed, even though there has been a previous ATH and it will happen again. I agree with you that it is not impossible that by the end of this year. bitcoin will be able to reach a price of $ 100K and when it reaches a new ATH it could reach its highest point, I myself cannot conclude how much it will happen, and it is possible that your prediction will happen and this will give a boost to other coins.

sunsilk

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Quote from: lixer on June 16, 2024, 04:48:43 AM

My advice is to invest in Bitcoin using the DCA method as it stands now if BTC goes up from here we will still be in profit and if BTC goes down we still have a good chance. There will be more buying and saving except that I can't say anything because I also don't know the future,

Just make DCA a habit. You're investing in your future and by doing this as the type of saving as an individual, you're preparing for your life on how to deal with a brighter future.

Those that haven't done it yet and just like to lurk to the community and people who have done it, they're wasting their times and will keep on looking at how time passes by until they miss everything out.

Quote from: lixer on June 16, 2024, 04:48:43 AM

like everyone else I can only speculate and I hope that $120k or $150k is reached, but I would say the price can at least touch $100k considering the movement of BTC so far.

I hope that it will reach soon but I guess this is the hardest part on this waiting game. While we do believe that these prices are going to be reached but we don't know when and this might trigger people's patience if it didn't reached it at the time they're expecting it to be.

But as what winners are doing, they never give up so never give up on waiting for it whether how long it takes for us to wait.

Topic: $120,000 Bitcoin is going to happened? (Read 555 times)