Bitcoin = 100k by December - page 2.

Jating

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Quote from: Victorycoin on September 17, 2021, 03:28:09 AM

Quote from: kendedese on September 16, 2021, 06:42:11 PM

looking at the current movement of bitcoin which tends to be slower it seems difficult to reach the price of $100k by the end of the year. even breaking through $50k bitcoin is very difficult. looks like we will see a lower price at the end of the year, maybe bitcoin only reaches a price of $75-80k only.

Every trader is expecting high price of bitcoin but its speed is slow the price of bitcoin is declining and rising again it is difficult to hit $ 100k by december the market will take time to correct even though many people make a profit by making short term investments, it is difficult to get the right profit. Doesn't seem like $ 75-80k the maximum can go up to $ 55k.

We can't say that we will not hit $100k, same as the price might go to $28k or lower.

Meaning the price movement is really unpredictable, just like the recent flash crash wherein it goes down in just matter of hours from $52k-$43k. So for now, let's be optimistic that 6 figure might be achievable as there can be a lot of things that can happen in the next 3 months that might 'force' the price to hit that $100k numbers that we wanted to see.

Victorycoin

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Quote from: kendedese on September 16, 2021, 06:42:11 PM

looking at the current movement of bitcoin which tends to be slower it seems difficult to reach the price of $100k by the end of the year. even breaking through $50k bitcoin is very difficult. looks like we will see a lower price at the end of the year, maybe bitcoin only reaches a price of $75-80k only.

Every trader is expecting high price of bitcoin but its speed is slow the price of bitcoin is declining and rising again it is difficult to hit $ 100k by december the market will take time to correct even though many people make a profit by making short term investments, it is difficult to get the right profit. Doesn't seem like $ 75-80k the maximum can go up to $ 55k.

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Quote from: jaberwock on September 16, 2021, 04:18:50 PM

Reaching to the 100k level in the q1 2022 is something that is definitely doable, I am really expecting it to happen and that drawback was something we needed because people took out their profits and that is how they ended up with something big and because they had so much profit from selling at high prices, some people may have ended up losing money because of the drop but the ones that made money from selling it managed to get it cheaper and a lot more which enabled the price to go up. That is the thing that we should always take a look at during these periods, if it is looking good then it means we are going to end up with a lot of profit when it is low, just buy when it crashes and you will profit.

This analysis will probably be correct because there is a good chance bitcoin could always reach to 58k+ and eventually 100k as long as we are in a bull run.

Thinking that bitcoin price could hit $100k in Q1 2022 is a possibility. for now, the price seems to remain resistance in the $47k to $50k range. Expecting a $100k price in Q4 of this year seems pretty difficult unless the bitcoin price can hit $80k in october or november. however, based on the price analysis I've seen, most people speculate that the bitcoin price will hit $52k or $53k if the bulls occur. however, the price could drop to $43k in a bearish case, and our expectations will go further. maybe the price i expect in october - december is the price development to reach $80k to $85k. if the bitcoin price manages to hit that price point, I think we could see a $100k price tag in Q1 2022.

Kong Hey Pakboy

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Quote from: OrangeII on September 03, 2021, 12:31:06 PM

Quote from: Kong Hey Pakboy on September 03, 2021, 02:37:15 AM

~~~

I'm also pretty sure that a lot of people are targeting a price they think it's worth selling. because of this, there is always a correction when the bitcoin price reaches a new price as it is today. the price of bitcoin is still quite difficult to maintain the price of $50k, because there are still many people who take short-term profits like today. however, for this month, it looks like the bitcoin price could hit $55k, or possibly higher.

however, the potential to see a $100k price tag later this year is still huge. in fact, I feel that this month is the start of the crypto price hike, especially for top coins. I think one by one the news is starting to support the development of crypto which will push the price closer to $100k

With more people taking those short-term profits is going to only make things worse for the market because it will go down again but it can't break through the resistance since a loxt is selling to take profit but the good thing is that it's not showing any form of slowing down.

kendedese

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looking at the current movement of bitcoin which tends to be slower it seems difficult to reach the price of $100k by the end of the year. even breaking through $50k bitcoin is very difficult. looks like we will see a lower price at the end of the year, maybe bitcoin only reaches a price of $75-80k only.

matchi2011

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Quote from: poldanmig on September 16, 2021, 07:27:10 AM

Quote from: StreakW on September 16, 2021, 05:00:03 AM

Currently, the market cap of Bitcoin has increased and the bitcoin price has touched $48k. So I think increasing from $48,000 to $100,000 by the end of this year is not that difficult.

today the bitcoin price has strengthened by around 0.5%, but if we look at the movement in the market it is still too stagnant and the possibility of experiencing a dump can still occur, I have a little doubt that in the near future the price of bitcoin will be able to increase significantly and reached a price of $ 100k and maybe this was affected by the many negative sentiments that hit bitcoin as happened recently in el salvador about the public demonstration against the rejection of bitcoin which was legalized by the government.

El Salvador is not that big compared to entire Bitcoin capitalization, more possible that whales played with that news and
continue shaking the market. They understand better than anyone inside this market. Traders who failed to notice the sentiments
will be shaken out and the next thing that they'll going to do is to sell and ride with this current market movement.
If you choose to invest with Bitcoin, it's always better to choose for long-term so you won't need to work time after time,
just sets your target and wait.

jaberwock

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Quote from: Jolankaa on August 27, 2021, 03:15:09 AM

Can Bitcoin Still Make 100k by December? Huh

When Bitcoin (BTC) reached its all-time high of $65,000 in April, it felt like the $100,000 mark was the next stop for the cryptocurrency. However, the following months brought along a change in market trend and the entire cryptocurrency market took a steep dive.
I read an article on Blockster with different opinions on the topic. Let's discuss, what do you think?

Reaching to the 100k level in the q1 2022 is something that is definitely doable, I am really expecting it to happen and that drawback was something we needed because people took out their profits and that is how they ended up with something big and because they had so much profit from selling at high prices, some people may have ended up losing money because of the drop but the ones that made money from selling it managed to get it cheaper and a lot more which enabled the price to go up. That is the thing that we should always take a look at during these periods, if it is looking good then it means we are going to end up with a lot of profit when it is low, just buy when it crashes and you will profit.

This analysis will probably be correct because there is a good chance bitcoin could always reach to 58k+ and eventually 100k as long as we are in a bull run.

poldanmig

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Quote from: StreakW on September 16, 2021, 05:00:03 AM

Currently, the market cap of Bitcoin has increased and the bitcoin price has touched $48k. So I think increasing from $48,000 to $100,000 by the end of this year is not that difficult.

today the bitcoin price has strengthened by around 0.5%, but if we look at the movement in the market it is still too stagnant and the possibility of experiencing a dump can still occur, I have a little doubt that in the near future the price of bitcoin will be able to increase significantly and reached a price of $ 100k and maybe this was affected by the many negative sentiments that hit bitcoin as happened recently in el salvador about the public demonstration against the rejection of bitcoin which was legalized by the government.

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Quote from: StreakW on September 16, 2021, 05:00:03 AM

Currently, the market cap of Bitcoin has increased and the bitcoin price has touched $48k. So I think increasing from $48,000 to $100,000 by the end of this year is not that difficult.

It can easily be said that it's not that going to be difficult but somehow, it might be true too that the next pump won't be that hard for bitcoin. It has to attain the gain from $47k to $60k again and then a correction shall again on that price. While it goes through again another correction, then it shall give the momentum that it'll finally break the next barrier of $65k onwards. Well, we're close to the start of the 4th quarter and we're all excited to see how it shall go but hoping for the best that this year is historically a bullish year.

bakasabo

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Quote from: StreakW on September 16, 2021, 05:00:03 AM

Currently, the market cap of Bitcoin has increased and the bitcoin price has touched $48k. So I think increasing from $48,000 to $100,000 by the end of this year is not that difficult.

I would not be sure about that. Nearly 3 months are left and ATH is not even reached. Last year growth was thanks to Elon Musk. But he has heated the market will all that dogecoin tweets, gained popularity and manipulation instruments and sent Bitcoin up high. As well as dex and swap platforms helped him.

But what do we have this year? NFT hype only. Which is not understandable for a part of crypto community and partly used to scam and money laundering. I dont see real prerequisites for such a growth. For Bitcoin to reach $100k by the end of the year, its price must gain $500-1000 daily without falling down. Can Bitcoin really do that? I would like it to be like that, but it is hard to believe it would be like that.

StreakW

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Currently, the market cap of Bitcoin has increased and the bitcoin price has touched $48k. So I think increasing from $48,000 to $100,000 by the end of this year is not that difficult.

lixer

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Quote from: milewilda on September 13, 2021, 05:13:45 PM

No one would ever be able to make out predictions on precise manner and this is why we do keep speculating as we do go ahead considering this market is way too unpredictable.Some do even do say about 500k on year 2022 or something like that but it was all pure optimistically kind of calls for those people who do really believe much on bitcoin potential.Well, i cant really blame them off because we have seen on how many times
that bitcoin did really surprise the community on where breaking out all time highs that we've never been expecting for it to reach on.

It is literally "speculation" board that we are in right now. This is why I believe that we should not be that much shocked to see people making wild claims. I hoped to see that happen for real, like make a guess that would come out true, and there are few times it does happen both the price and the date hits but that is rare, I usually hit the price right but not the date. Like for example, I believe that early 2022 it will be 100k, like before spring of 2022 is over, so by the latest 30th of May it should be 100k, that is my prediction. I know that I could be wrong, by that logic it could be 100k by 2023 and I would be "half right" because price hit but that is like a year wrong so it is really not correct at all neither.

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Quote from: milewilda on September 13, 2021, 05:13:45 PM

No one would ever be able to make out predictions on precise manner and this is why we do keep speculating as we do go ahead considering this market is way too unpredictable.

Speculators will end with liquidation, fomo, panic and they will miss best parties on the market. Their mind is affected by chart and indicators, their emotion is more seriously affected by news, fud. Hodlers are winners in the market because they don't look at chart every day, every hour; they don't mind to read news too often. What they care is the technology, the current trend of adoption and the future further development and bigger adoption.

More important, they care about the decreasing purchasing power of fiat currencies.

Quote

Some do even do say about 500k on year 2022 or something like that but it was all pure optimistically kind of calls for those people who do really believe much on bitcoin potential.

Nothing is bad if Bitcoin gets that price in 2024 or 2028. 3 or 7 more years, if you are not too old, you can wait.

Taskford

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Quote from: justdimin on September 14, 2021, 04:16:03 AM

Quote from: Quidat on September 12, 2021, 01:57:03 PM

No one really forces you to follow or do make out some step based up on what they had speculated.We do have our own or self will on making decisions towards our investment and not theirs.
We've been keep on making out guesses specially when the end of the month of a particular year is approaching since big events back in the past do really happen into these months which it isnt really surprising that people would really be having this kind of impressions whenever we do really reach off this particular time but it isnt bad to be optimistic but not really on that exaggerated part.

Guesses are there to make them, it is easy to make guesses. I mean when was the last time someone made a guess and nobody said anything about it? Of course we could make guesses and of course nothing happens when we are wrong.

I personally feel like it is basically a common thing in bitcoin that people make wrong guesses, and if you are looking at other people for their guesses so that you could use that to make an investment then you are going to be mostly wrong as well.

Its fun to guess actually that's why many do it so that they have price to be assume to come in future but actually in reality its hard to see if that price speculated will come since even by now the price seems in questionable manner and maybe if we still experiencing this scenario this year maybe the given figures by them maybe un reachable but who knows maybe once of those guesses will get hit then for sure all of us will be happy.

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Quote from: 7788bitcoin on September 13, 2021, 01:55:40 PM

Those are just fluke, even you can make a prediction and the price of Bitcoin will hit those valuation one day or the other.

It's true!

Everyone has its own opinion, and those who work closer to the market might give some good
prediction that may happen, some use trading tools and some use their experienced to provide their thoughts
to how they see the possible next market movements.

Quote from: 7788bitcoin on September 13, 2021, 01:55:40 PM

Have you seen anyone who could exactly predict when a market would rally and when the market would go into correction mode.

None! as everything is just a prediction. They just want to influence other people to work with them and create impacts on where they wanted to bring the market.

Quote from: 7788bitcoin on September 13, 2021, 01:55:40 PM

It is not that easy to predict those exactly, you can have a reference on what the market could be looking at the general market situation, but not exact prediction.

You can use all available information to anticipate where the market will move, but there's no accuracy that it will happen.
Just taking your chance with every possibility, make sure everything base from your own understanding not to regret
to whatever outcome that may take place.

justdimin

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Quote from: Quidat on September 12, 2021, 01:57:03 PM

No one really forces you to follow or do make out some step based up on what they had speculated.We do have our own or self will on making decisions towards our investment and not theirs.
We've been keep on making out guesses specially when the end of the month of a particular year is approaching since big events back in the past do really happen into these months which it isnt really surprising that people would really be having this kind of impressions whenever we do really reach off this particular time but it isnt bad to be optimistic but not really on that exaggerated part.

Guesses are there to make them, it is easy to make guesses. I mean when was the last time someone made a guess and nobody said anything about it? Of course we could make guesses and of course nothing happens when we are wrong.

I personally feel like it is basically a common thing in bitcoin that people make wrong guesses, and if you are looking at other people for their guesses so that you could use that to make an investment then you are going to be mostly wrong as well. Always focus on your data and research, those will get you somewhere and you will make money because in the end data and research triumphs in the long run, it always has.

milewilda

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Quote from: 7788bitcoin on September 13, 2021, 01:55:40 PM

Quote from: ranaprime on September 06, 2021, 12:11:38 PM

Those who are crypto predictors they know very well and predict ultimately after few days later it happens. While predictors said that when the price of BTC was 12K, many predictors also said that Bitcoin would cross 50K, it seemed strange to us at that moment but the reality we deserve. So 100k is not so far.

Those are just fluke, even you can make a prediction and the price of Bitcoin will hit those valuation one day or the other. Have you seen anyone who could exactly predict when a market would rally and when the market would go into correction mode. It is not that easy to predict those exactly, you can have a reference on what the market could be looking at the general market situation, but not exact prediction.

No one would ever be able to make out predictions on precise manner and this is why we do keep speculating as we do go ahead considering this market is way too unpredictable.Some do even do say about 500k on year 2022 or something like that but it was all pure optimistically kind of calls for those people who do really believe much on bitcoin potential.Well, i cant really blame them off because we have seen on how many times
that bitcoin did really surprise the community on where breaking out all time highs that we've never been expecting for it to reach on.

7788bitcoin

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Quote from: ranaprime on September 06, 2021, 12:11:38 PM

Those who are crypto predictors they know very well and predict ultimately after few days later it happens. While predictors said that when the price of BTC was 12K, many predictors also said that Bitcoin would cross 50K, it seemed strange to us at that moment but the reality we deserve. So 100k is not so far.

Those are just fluke, even you can make a prediction and the price of Bitcoin will hit those valuation one day or the other. Have you seen anyone who could exactly predict when a market would rally and when the market would go into correction mode. It is not that easy to predict those exactly, you can have a reference on what the market could be looking at the general market situation, but not exact prediction.

Chathusand

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I believe there is a good chance that we will see the price exceed $100,000 in the final month of this year. Late September or early October might usher in a new bull market. We should be able to witness six-digit values for Bitcoin prices till the end of the year. And I'm sure there are a lot of others who are thinking along the same lines as me right now.

xmonkeyx

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Quote from: Jolankaa on August 27, 2021, 03:15:09 AM

Can Bitcoin Still Make 100k by December? Huh

When Bitcoin (BTC) reached its all-time high of $65,000 in April, it felt like the $100,000 mark was the next stop for the cryptocurrency. However, the following months brought along a change in market trend and the entire cryptocurrency market took a steep dive.
I read an article on Blockster with different opinions on the topic. Let's discuss, what do you think?
https://blockster.com/blockdesk/1411_can-bitcoin-still-make-100k-by-december-many-think-it-can

I'm very sure by the end of this year Bitcoin will make a new ATH maybe more than 100k if you see what happened last April so quickly and rapidly bitcoin reached its new ATH at 65k I think it's a very big increase and not a big thing it is unlikely that the predicted bull market in the near future the price of bitcoin will be so high.

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