Topic: Anyone else feeling a bit disappointed because the price is "just" $101K? (Read 552 times)

It is the eternal dilemma, if the price goes up you are happy because it increases what you already have but if you don't have enough you wish it wouldn't go up so fast so you can accumulate more.


Well, I think the big sell order barrier, which was around $100K, has passed. Now there is little technical resistance on the way up.

Locking the thread as I am not "disappointed" any more, lol. Current price $104,5 after touching $106K 4 hours ago.

If it were even possible, I would have preferred we remain below 100k again and for a while so I can buy more Bitcoin since I have not met my target. But this is just a wishful thinking that hold no substance.

I'm not disappointed at bitcoin for one second because it has done very well already even beyond my expectations.  Those that will feel so bad are looking for fast profits as most of them set sell orders at 120k.

There's no reason to feel disappointed because of the market correction that downtrend the price of Bitcoin whose purpose was to strengthen the market because if the market just experiences some parabolic the crash of the market will be severe. Besides, the halving happened this year, and the predicted 100K price is achieved and it's a sign that next year's bull market will be something we haven't experienced in the history of crypto before.

I am not disappointed because I am not selling at anytime soon and I am investing for a long team and if I am selling to solve any issue, I will not be disappointed. We all know that the price of Bitcoin is not stable and it always rising and falling. Many people are even happy that the price is $100k and in the $100k people bought and store it in their wallets and once the price reduced down to $98k the purchasing power would be increased so in whatever ways, people are happy and not disappointed.and it is only those who are monitoring the market probably disappointed.

What I have come to understand from my years of observation is that the Bitcoin market game begins when we think our game is at an end.
 And to be honest I am sure after opening this topic and now many people also faced with the same situation. Like those people whose were disappointed from the market maybe now there will be a smile on their face. Even then I don't think that Bitcoin is currently on 103k+ I would like to say that we will see more correction in the market because of the panic and for the whale manipulation. And here we just have to do take an deep breath and sit on chair and claim down and analyze the market for if the bitcoin can touch our target. Let's see 120k won't be very hard for bitcoin in this season.

I see that what you have said has had several responses, which indicates that it is interesting regardless of whether the respondent agrees with you more or less.

I don't think anyone sees it as “overnight”, to get really rich with bitcoin you have to start from a very high starting capital or have to wait a long time if you do DCA say with $100 or $200 a month.

But you are right that bitcoin was invented as a P2P cash against the states and central banks and today that vision is not even mentioned, but what is most mentioned is the price.

On the one hand I believe that P2P use will always be possible, just as cash P2P transactions are possible today but few people use them and less and less. And on the other hand the price increase has brought a lot of financial peace of mind to many people. Someone from low GDP countries like Bangladesh, Philippines or Nigeria, who has been in the forum for at least 4 years and has been able to save 25% of what he/she earned in signature campaigns faces the future with peace of mind from the economic point of view thanks to the price increase.

It seems to me that the game is not over yet and is just starting, but if the game starts, it will not last long.
it will take a few month and everything will be behind us, then we will be surprised how bitcoin came to these prices and generally people cannot sell it from the places they want because of this situation, but of course I cannot say that I am complaining about this situation.
Try to stay in the game.

Technically it is difficult to say where Bitcoin will go from the current price. But I think Bitcoin has given us another big pump this month. Maybe the next ATH will be far away from $103k. It is almost certain that we are going to see Bitcoin bullish in December 2024. Now the important thing for us is how much % increase in price will we see in December 2024? We are already seeing a 6.66% increase in price. I think Bitcoin is going to surpass the December 2023 price increase. If that happens, then we are going to get an ATH of $108k - $109k in December 2024. I am aiming to surpass $110k in 2024 and I believe Bitcoin will be able to do it. We should avoid small ups and downs in Bitcoin. After some time, Bitcoin will again be above $100k, which gives me a positive signal for price growth.

Yeah now that USA is openly admitting they want a convicted criminal to run the country I wonder how dark it will be in a few years time.

Thank God I am 67 married to a good wife for 38 years and all my kids are dead. 💀

This way when the morons blow the place up ⬆️ I could already be dead.

But this is a thread about my happiness at 100k.

My very small mine earns 60 usd in btc a day after all costs.

Sideways with tiny upwards movement is the best case scenario for me.

So I am happy.

It may, or it may not; it doesn't matter. It will break ATH sooner or later. Patience...


You are correct, and still somewhat wrong. I do agree with you, but since here we're in the Speculation sub, it would be a bit odd if a main topic here would not be the price...

The real problem is that we see the same also outside of Speculation, I am aware of that.
And you've forgotten the fascination of linking the rise of price to whatever unrelated event. It's the next funny thing after the round numbers in a specific country's currency

I think it has just started and has not yet ended. The period of ups and downs will continue to occur. Yesterday it touched $102.5 and fell to $100k. This is a very normal thing to happen every time the price increases there will still be a small correction in the near future. We hope it will reach $150k or vice versa. Many are disappointed by the inappropriate correction they have been waiting for, and a feeling of anger cannot be avoided at this time.

I can only be disappointed that most people treat BTC as some internet magic that will make them rich overnight and that they are only fascinated by big round numbers, so now suddenly not even $100k is enough for them, but they are wondering when $150k and when $200k.

What I would like to see is a sharp drop to say $50k for some stupid reason - say when the world's favourites Mr. Donald, Putler and the kid from North Korea get together and say something like "Bitcoin is a scam after all"

You both might've forgotten the meaning of "a bit" lol. Read the title again.

I think we break ATH today.

I think it's all about how everybody is seeing the thing.
I also see it as a victory, especially as I didn't expect this range to be touched this year (plus, indeed, if you would have asked me about this some 5-6 years ago.. heh).

On the other hand... 100k was preached a lot in the past cycle and far too many were expecting it to be touched by then. This means years ago. Some others have seen the bull run getting exponential and probably bought more and now they're afraid they'll lose money (although you only lose when you sell). This is a short term view, which is bad, since the price fluctuations are a reality not to be forgotten.

I am not sure if OP is indeed disappointed, or making fun, or just want to see others' reactions. But, while being disappointed at this kind of price levels and at this stage in the 4-years cycle is silly, I can see it happen at newbies, who may still see Bitcoin as a get rich quick scheme and who are completely lacking the patience Bitcoin demands.

Disappointment? From a level above $100k? Yeah, you've gone completely nuts, damn it! Bitcoin has risen to a level that almost no one dreamed of, and you still don't have enough. It's not enough for you, right?

You can't just grow all the time. You can consider the current pause to be an accumulation of "forces" before further growth. Be glad that bitcoin is not falling much lower, and in principle, is holding tightly at the ~$100k mark.

I'm not upset about the current market situation. What happened is already a victory.

yes, accumulation for this whole month, and then sky rocket again in january when SBR is getting approved.
this seems to be the scenario that aligned with current price action as well, some whales trying to dump their bitcoin holding but there's always people who bought those BTC and make the price recovered back in fast manner.

maybe, currently it's also a shakeout to sideline those whales who'd been buying since sub $60k so that the sailing to another all time high possibly around $130k gonna be smooth.

btc in the 85-105 range works fine for me.

I think we are going to bounce between 91k and 100k for a while until we decide to go up again. 100K seems to be a huge psychological obstacle for whales but it is purely FUD based of course.  The long term news is still bullish. see more here

Bitcoin is a spirit.
Few months ago, we were rallying round 50k and 60k. Hitting 100k was our biggest dream, today we are at 100k and it appears as if 100k is a normal thing and we are already disappointed and possibly looking forb150k. LOL, man is truly insatiable. Maybe we have to return to 60k region in order to appreciate our present status.

I think that's why I wasn't disapointed because I was initially expecting the price of bitcoin to only be 100k, although I canceled the sell order before it touched 100k.
I'm not really expecting a skyrocketing price from Bitcoin because the market cap of Bitcoin is huge now. I've seen a lot of people expecting the price of Bitcoin to hit 200k. I would call it overrated because to touch 200k, Bitcoin's market cap would have to be around four trillion dollars, which is huge. And I don't think that will be possible this season.
And besides, I think these predictions that Bitcoin will cross 200k this time are only expected by those who are new to this sector and have come to invest in Bitcoin based only on the news. And they may be disappointed with the current market movement of Bitcoin.

Yeah but it speaks volumes of info in 2 letters.

What I think I see in the evolution of the price these days is low volume, characteristic of this month. The price has slight ups and downs staying now in the $100K-$102.5K range.


The bad thing is that such a response, if reported for low value, would surely be deleted by the moderators. Probably vapourminer would be spared but a newbie answering that would be deleted for sure.

We are into the third day of 100k  support
  and this would be the first day entirely over 100k if we do it for 8 more hours.

It is a big deal to normalize 100k as to what is next but it does take time to make 100k the norm. If we stay over 100k for the next week I could see 125k by new years.

I am not at all worried about this volatility of Bitcoin. Bitcoin has given us much more than expected in December. After 2017, Bitcoin has always been unable to pump much in December. From the previous chart, I thought that Bitcoin might not be able to give us anything good this December. Maybe we will see small dumps in December, but Bitcoin proved us wrong by touching the $100k milestone this December itself. Even I have not seen any permanent big dumps.

Bitcoin's record in December since 2017 - 2028 (-33.92%), 2029 (-19.83%), 2020 (36.88%), 2021 (-6.19%), 2022 (-17.17%), 2023 (9.18%).
Link= Bitcoin Historical Prices

That is, in December, Bitcoin has seen 3 dumps and 2 pumps in 5 years since 2018. I expected Bitcoin to be able to touch $100k by the beginning of 2025 and maybe Bitcoin will not be able to make much progress in December. But Bitcoin has crossed $100k this December and reached around $104k. This is definitely more than I expected. That is why I am not at all worried about Bitcoin's volatility. I firmly believe that Bitcoin will pump a lot in 2025, if not this month. Maybe it will be able to cross $120k.

No, and I am not disappointed at all.

Because I believe sooner or later Bitcoin price will continue its new ATH at $103,678 and then slowly towards its highest ATH at $150,000+ in 2025.

And the small dips that occur are good choices to buy and should be utilized even though they are only small dips because I don't think there will be a sharp drop and also only a short healthy correction that will reverse the direction.

On a technical analysis perspective there was a support at $99,700 on the daily time frame, bitcoin currently has managed to actually get stayed up that support having tested it for two consecutive days now (excluding today) this means the movement upward is the most likely option now, as only a major economic news could actually make it drop below the support. But with people having taken their profit and some waiting to take theirs which means there is no any big buy coming in now except by those institutions the market might be just consolidating now and with all this highlighted in economic news coming we could push further up later this year or a major push next year which is poised to break the current ATH.

A PERFECT EXAMPLE OF A SHORT BUT GOOD ANSWER THAT ACTUALLY DESERVES A MERIT!

no

Yeah, I know that. But I don't have a problem with the situation now because I am sure that the price will increase more than $104k. Anything can happen in the next year so the price have a big chance to increase.

Yes, that is right because this price will increase in the right time so we must wait for a while. We already wait for 2 years or more so it will no problem if we wait for more as when the price increase, that will be up to $150k in the next year.

Many people still waiting the next high price so we also do the same thing as we have a high target price. Having patience will be necessary because that will help us to hold stronger than before as the situation may be turn bad before the price increases.

Why do you say that?


It seems you missed this:


That's good because aside from you having to wait for not going over the income tax band or something like that, anything you sell in January you won't have to report until April 2026.

Yep we did do out second day at 100K plus average .

Next week will prove interesting as we get a fed adjustment and we had high inflation report.

I would love to know what will happen in the next 5 to 7 days right now as I could see an interest raise of 0.25%.

which would rock the markets bigly.


I think we have a lot of volatility coming up.

https://www.cnn.com/2024/12/11/economy/us-consumer-price-index-inflation-november/index.html

"Inflation heated up last month as consumer prices rose 2.7%, underscoring the slog ahead"

Eggs jumped bigly 7 usd for a dozen jumbo in some stores.

Not sure if rate cuts can happen maybe this time they do,  but if we inflate in December the pressure to do no cut instead a raise in feb will be very real.

1)Be prepped for up
2)be prepped for down
3)be prepped for sideways

vey hard to do all three


I am forced to hodl until Jan or later. I am looking to sell a bit more  at 100k plus.  Tax complications prevent me from selling coin this year. I sold all I can sell.

Yes, it really looks like that $100K is becoming a support price for Bitcoin. This coin is doing fantastically and if we keep in mind recent news and statements, I'm sure that even $100K is a huge discount for Bitcoin. There is a big chance that the USA will establish strategic Bitcoin reserves. At the same time, Canada is also about to consider this option and Putin publicly admitted his ideas about Bitcoin (He asked: Who can ban Bitcoin? And then answered: Nobody). There are also rumors that Saudi Arabia, UAE and Qatar are going to buy Bitcoins.

Let's get this party started!

That's a good perspective, philipma1957, it looks like around $100K a support is forming from which we will go to the moon in 2025, if we want to look at it with a more optimistic perspective.

Yeah it was a good achievement before December bitcoin to $100K even we were happy to see it earlier.
For me another correction to $80K is unlikely (maybe I'm wrong) but looking at the market situation which is quite strong now, then there is another bounce after the beginning of the month.
I wonder how Trump will do after the inauguration, it might push the market back into the green.

so yesterday we had the first 100k average day.

we could repeat this today..

I for one am very happy to see us average over 100k for full day or maybe days after tonight.

Since when you experience this, disappointment about the volatility? Just recently only? Because the market is always like this always. When you said you thought the market will go down a lot, that sounds like you want the price to go down more because you want to buy more coins cheaply?

If you really concerns about declines, then you should like the current market because it went into a range-bound mode and usually market do stuck like this before launching a strong bull run. It was actually the help of the volatility for BTC to reach this high because that makes the demand more stronger when BTC goes down but like you, we are also expecting for more gains in the future.

Its never been over and we do know that this market isnt on the bull run state on which people are really just that too rushing up on seeing prices on higher levels on which this isnt really just that smooth sail ride on where other people been that expecting that this will really be looks like. Lets just that making ourselves being rushed up when it comes to price. Despite on reaching out $100k but it doesnt mean that it will really be shooting directly to 110k or 120k on easy manner, but since we dont know on how the market behaves and thats why people will really be non stop on making speculations on where prices will really be that going. There's so much potential on where numbers could reach out and thats why speculations will really be sky is the limit.

Disappointed? Pretty sure that there are those people who do get disappointed on the things that they are really that currently experiencing because they've been expecting too much. For those people who do get hyped or feel up that FOMO then buying up the peak then on the moment that it did make out some correction then that will really be giving out that kind of impulsive feeling. If you arent that good on making up some control when it comes into your emotion then you will really be having that kind of situation on which you might be ending up on making up some bad trading actions.

we are not in the 2025 ATH period yet
looking at the last cycle they had a halving year peak then a dip before the ATH period too

in 2020 where the prev ATH(2017) was 20k and before the 2021 $70k

the price in december 2020 moved above its old ATH of $20k
it then went to a january peak of 180%($36k) of previous ATH and then dipped by 20%($30k) before then beginning the true 2021 ATH period($70k)

this cycle, the halving happened a month earlier than last cycle, meaning the pattern of december-january 2020-21 is similar to this cycles november-december so we are still on track.. with a possibility of larger dip(as pattern suggests) in mid-late december before the actual 2025 ATH period

There is no need to be disappointed because bitcoin reaching $100k was a milestone and such achievements will definitely be accompanied by some sales and as such reason for a pull back. To me I think we haven’t even corrected back enough for a flip upward. So if bitcoin can actually maintain this range of price between $90k and the all time there is more probability that a major push-up will be coming next year, now there are many sell off positions opened on the resistance (at ATH) and bitcoin will gradually take those positions out first and then come for the buy options and probably shut up from here. But overall the ranging currently was definitely expected as we created a six figure value.

Your addicted to adrenaline at this point, for the price to alter too much it becomes destructive.   Just imagine it does some good for BTC to let others catch up, some people missed the bus and the idea is all can participate if they so wish.

At present the easiest way to see a gap from those on the head of the wave forward and a bulk of population not so involved in BTC would be the 50 day and 200 day averages.  

50 day moving average is not so far off now, its about 87k and 200 day average is 70k, still both very positive and rising everyday.   For a short period this year the 50 day was declining below the 200 and we could not as easily be positive.
  Main point is right now BTC is hesitating but more important is we are gaining over months with no reason to see a decline occurring especially.

  A sharp peak up creates a greater reason and distance from these 50 and 200 day averages can be unstable and negative so its for the best to collate and consolidate.

Maybe we are used to seeing new all time high and we have big expectations that once we crossed $100k again, it will be $105k or higher. Nevertheless, it didn't happen, however I wouldn't say that I'm a bit disappointed by it. It could be just normal flow of the market and so by that, we can't really push it to go and hit new all time high every time.

And what as the majority here have in their mind, patience is the key in this market. So need a lot of that so that we won't get 'disappointed' or just prepare for the worst or best of what the market is going to offer. Just take it as it is, and be very thankful so far.

I am not disappointed. I am very happy that Bitcoin is crossing 100K every day even though it dropped below 100K multiple times. If we stay at this price range till the end of this year, that will be a good sign. I guess we will see some pump in January and it may continue for the next couple of months. Even if the bull run ends more quickly than expected, still we have a chance to touch 120K in this cycle. I just don't want to expect too much too early. I will still hold my Bitcoin if we hit 120K. I will sell my alts instead because all of them are going to dump after the bullrun and I will have to wait for a long time to recover.

We should not feels a bit disappointed because the price is "just" $101k or lower because there will a time for the price to increase. We just need to be patient and just waits for a while. It is just temporary and we have already seen this before so nothing to worry.

Even if the price goes down to below $100k, we can keep calm and analyze to find when the time to buy more. We don't have to listen to other people that Bitcoin will drop to below $90k so prepare yourself. They just want to see you sell your Bitcoin and regret that when you see the price start to increase.

The war in the market still goes on and it seems the price wants to increase. The price is now at $100,150 and is still trying to go up. So prepare yourself for the coming.

Ha ha, $100,000 is our new normality now, everyone is watching the market at least
one a day so as it hovers around that milestone is getting boring to us, we want
more - its addictive!

When Bitcoin hits $150,000 that will be the normal and we will want further exploration
to $200k and beyond - we are all hungry now for new territory because Bitcoin can do it,
its just a matter of when!

I don’t feel even the slightest bit of disappointment just because the price slightly dropped after reaching six digits. If you think about it its growth before the end of the year was more than enough. Yes the price surged quickly to reach a new all-time high (ATH) this month but let’s not forget that it doesn’t always go up continuously. In any case sometimes these moments of slight disappointment lead to even more excitement while anticipating the next ATH.

For me, everything is fine right now. Having Bitcoin reached $100,000 is already a big achievement! It's a milestone plus it is a psychological level for everyone right now.
I'm not disappointed with current price of Bitcoin, I just disappointed that I didn't buy more when it was below $100,000 

Reaching $100,000 before December is an achievement, especially since we have not seen a real correction since $70,000 was broken, so perhaps a correction at $80,000 would be healthy and help us quickly reach $150,000.

After such a rapid increase, I would have expected a major correction by now but it has not happened. I am not disappointed at all because closing the year at $100K seemed like the best possible scenario when 2024 began. After a long time of sideways movement, I was losing hope that it would reach that milestone and we would have to wait until next year. Bitcoin is up 126% this year and has even surpassed the market cap of silver, that is more than good enough for me.

The current Bitcoin price period we are in is nothing to be disappointed about, you should note the bull market. The Bitcoin price will not be in a state of volatility now, it will quickly improve, we will see Bitcoin improve until mid-2025. So those who sell Bitcoin and wait for the next dip to buy are basically living in a fool's paradise, in 2024 we saw a new record for Bitcoin price and it touched 6 digit price.
And in 2025 we will see more new records for Bitcoin price, maybe 150k to 200k dollars is the most likely. So the current time is our time to be patient.

if we follow 2020 these are cheap prices right now and we will go over 200k by april.

of course with donald trump coming in soon who know what will happen.

To be honest, I feel a bit disappointed with this situation but I can't do anything except just wait and see the opportunities to buy back at a low price. It seems this situation will be sideways for a while and wait for more support to lift the price to the high price. We are almost in the middle of this month where we will see the last month soon so people may be prepare for their holiday and just leave the market. Perhaps that is the scenario for the crypto market now so we can only prepare for anything and be ready to buy back if the price is down suddenly.

$100k is psychological price where people want to dump their bitcoin so it's understandable but yeah, our standard seems to be getting higher, I mean back then people was jumping seeing bitcoin hits $10k but right now $100k is just meh.

but it's also a good thing since many people recently consider $100k to be too undervalued for bitcoin and that it still has the potential to reach an even higher price, so there's that.

personally, i'm already content with BTC hitting $100k, but if you see right now it seems BTC is ranging, possibly on accumulation waiting to retest resistance and breakout again.

Today may be the first 100k average close its about 30 minutes to UTC end of the day.




very very close to the first true 100k close ever.

I am a little disappointed with the current Bitcoin price. When Bitcoin went from 104.88k to 90.5k, I was very disappointed, I thought the Bitcoin market would go down a lot. Then Bitcoin went back to 101.351k and from there it went to 94k, so this market volatility really makes me very disappointed. However, regardless of the market volatility, the Bitcoin market is still reaching $100,000. I expect the Bitcoin market to grow further and see more growth in the Bitcoin market in 2025.

For me bitcoin is performing at it best and have recorded the highest positive price record since inception so for that we have no reason to be disappointed at bitcoin unless for those that have their own satisfaction level set for bitcoin, such as those that have being predicting the continues rollercoaster price movements to above $150k without considering all the consolation price benchmarks that bitcoin must observe before attaining such high.


Bitcoin being above $100k is already a good price for the moment and infect even if bitcoin price retrance back to $90k to 95k for the remaining days of 2024 is still a good price benchmark achievement for bitcoin so let the shinning ⭐BTC keep the ball rolling.

Bitcoin's price may have naturally gone up a little today, near $100,000, and it seems to be increasing. But there is nothing to be disappointed about, we have enough time in the future, there is enough time for Bitcoin to be pumped, there is no reason for us to be disappointed in 2025. Those who originally want to sell Bitcoin may be disappointed, but the person or holder who will hold Bitcoin will definitely wait longer in the future.
 Even if we spend the current time in such a situation, in the future we will definitely join the bull market next year and it will hit higher prices in the future, that is why we need to be patient the most.

Since we crossed $100K, i have been loosed in making or putting much speculation on the market. The recent ATH was a breakthrough of my speculation and i am already comfortably seated at this price mark whether the market decides to go higher or not i remain highly unbothered. Next year (2025) will be a better one from the actual look of things, my speculations should now be precisely condoled for next year, whatever ATH we experience before the close of the year is just an extra mini package delivered to us for a speculation well done.

Currently at $100K, while anything could be possible, we also should lessen our hopes but expect the best to happen.

Feeling disappointed there because bitcoin continues to be in the $101K area and why it can't break above $105K is what we don't know maybe this is just a little sideways where bitcoin needs pressure to go up again and now it's just waiting for patience ahead.

Actually the target to $100K we have wanted for a long time even faster than expected, but after $100K was achieved the sense of direction wanted to continue to see an increase again and indeed we did not feel more satisfied after seeing $100K now.

Of course. We will always be a bit "disappointed" with the current price. When weve seen it shoot up so high so fast, it stings to watch it come back down, even just a little.  We always want more - thats human nature... A few years back though, we never dreamed wed see Bitcoin over $100k.  Heck even $69k felt unbelievable.  Goes to show how early we still are.  Sure I wish my portfolio was worth more today, but I try to zoom out and feel grateful for how far Bitcoin has come.  As long as the long-term trajectory stays strong, these little blips wont mean much someday.

Bitcoin is ranging between $90000 and some prices a little above $100000 for now. This may continue for sometimes but with time, either the price go down or move up. But if I should choose, I will say bitcoin price will move up. What that is just needed is time and patience. It may take time and it may be like bitcoin may want to retrace but later begin the bull run. What I am waiting for now is next year which is not going to be boring at all.

I think the game is not over yet, there is still a lot to play for, like it could be that Bitcoin has made a big pump again in a few hours, although I am not a financial advisor. Nor am I a professional trader who can make predictions based on point-to-point analysis of market support and resistance.
But I will not be disappointed yet, I will still have hope for the future and will keep holding my Bitcoins as from my little experience form the past season and also from the others. Before touching 100K I had a order on 100k and I cancel that order because of the boom on marketcap and now I am looking for the touch on 120k and even it tooks the first quarter of the next years I won't gonna be disappointed.

A while ago it looked like we were going to beat the previous ATH of $103.67K. We moved up from $100.5K to $102.5K in 4 hours and the trend looked like we were going to continue up, but nope, back down again. What a disappointment, lol. Then you think about it and it's cool to be “disappointed” at these levels.