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Topic: Bitcoin = 100k by December - page 4. (Read 1415 times)

sr. member
Activity: 1372
Merit: 275
September 04, 2021, 04:20:04 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 also believe that bitcoin will be able to reach the latest ATH by the end of this year, because in my opinion, the market is slowly starting to improve and of course we all know that several countries have started to adopt bitcoin as one of the currencies that can be used in that country as did by el salvador right now, as well as institutional companies that are starting to invest their money right now in bitcoins and causing bitcoin prices to start rising again, I'm pretty sure that this december bitcoin will again create its new ATH.
full member
Activity: 2268
Merit: 121
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September 04, 2021, 12:01:04 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
Is it possible, the answer is clear, of course you can because in crypto we must believe that at any time something can change that we cannot know and predict. actually when the increase occurred and formed ATH $64,804.72 - Apr 14, 2021 everyone already predicted that it would continue to increase, until the high point of bitcoin. crypto has once again reversed the fact that there was a very deep correction even though it did don't fall until it's near the lowest price . but again that's not the end of the bitcoin movement because based on past experience there will be surprises again.

There are a possibility to jumping 100k by December, yes. But in my opinion, i'm not sure it will get to 100k by this December but doesn't mean it's impossible to get 100k. December is still a couple of months left so let's hope for the best  Grin
Yes, obviously everyone has also predicted a lot of what you said that there will be a jump at the end of the year but to be precise, it might happen in November or December, according to experience when the halving occurred in the past. Your belief that it won't hit $100K may be true and it's hard to predict exactly, but based on the first and second halvings we see that it has happened several times over between the first and second. On the basis of this experience, I believe that for $100K it is very possible to miss it and go even higher. according to your words, there is still a lot of time to reach the goal and we are just waiting, hopefully it will happen so that altcoins are also raised and many can enjoy good luck.
full member
Activity: 2548
Merit: 217
September 03, 2021, 10:39:59 PM
No worries about Bitcoin because it is a beast and always beat all FUD to make new all time highs. This bull run has yet completed and the best has yet to come with us.

If Bitcoin breaks $51,000, it will fastly rise to $64k and another short squeeze will help it rise toward $100k around the end of this year.

It takes months to finish the bull run but it will happen. Meanwhile, patience is necessary to help you holding your Bitcoin. Prepare fiat to accumulate if Bitcoin dives temporarily again.
A few bag holder already booked their profit at $50k and bitcoin takes a little correction. Bitcoin dump from $50,000 to $48500 But the price quickly recovers also. It's also a good sign. Still, there are buyers in this zone so why Bitcoin price cant able to dump more. I strongly believe some more bag holders will take their profit at the $50k-$51 range. If Bitcoin clearly can able to break the $51,000 resistance it will be a sign of Long entry for Bitcoin traders. Right now, no position holding. Wil love to take a position if there is any clear breakout or breakdown.


There are others who had booked but there are many that buying , meaning in the next weeks we will be seeing another Roller coaster ride in this market most specially about bitcoin price.
those Bad holder are normally doing such greed action but also there are real investors in which investing more while the market is in this slow growth.
sr. member
Activity: 924
Merit: 255
September 03, 2021, 09:46:42 PM
There have been many questions that have prompted many predictions of whether it will reach $100k or not... when seeing the Bitcoin price start to hit $50k again. The point does not rule out the possibility that Bitcoin can reach that value, just hold on as patiently as possible and have high confidence, what we need right now is just to do our best and continue to prepare for whatever will happen and don't waste the best opportunity.
sr. member
Activity: 868
Merit: 256
September 03, 2021, 06:55:40 PM
This has been so amazing to see bitcoin price rages over time, and right now I am hoping to see 100k by the end of this year.
Before that day comes, we need to refresh our minds over possibilities because by the situation price reaches $60k this month there might be another downturn by October which also triggers panic.
But don't be upset on that scenario, because eventually the price will rise until such time predicted promising price will come to reality. We just need to relax and accumulate our asset.
hero member
Activity: 2044
Merit: 784
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September 03, 2021, 05:07:48 PM
No worries about Bitcoin because it is a beast and always beat all FUD to make new all time highs. This bull run has yet completed and the best has yet to come with us.

If Bitcoin breaks $51,000, it will fastly rise to $64k and another short squeeze will help it rise toward $100k around the end of this year.

It takes months to finish the bull run but it will happen. Meanwhile, patience is necessary to help you holding your Bitcoin. Prepare fiat to accumulate if Bitcoin dives temporarily again.
A few bag holder already booked their profit at $50k and bitcoin takes a little correction. Bitcoin dump from $50,000 to $48500 But the price quickly recovers also. It's also a good sign. Still, there are buyers in this zone so why Bitcoin price cant able to dump more. I strongly believe some more bag holders will take their profit at the $50k-$51 range. If Bitcoin clearly can able to break the $51,000 resistance it will be a sign of Long entry for Bitcoin traders. Right now, no position holding. Wil love to take a position if there is any clear breakout or breakdown.


Bitcoin is showing impressive support levels right now, totally different from past months. I believe bitcoin is being pushed up by the financial businesses dealing with crypto currency which are growing larger, such as crypto investment platforms (centralized and decentralized ones). These platforms help bringing investors more focused in long term returns instead of the usual speculators, as there are many extra advantages offered by investment companies for those who hold tokens for longer periods of time. That is good news for the solid growment of crypto market that will become more visible in some years yet.

Of course the lack of polemical statements from the so called social influencers billionaires also help a lot.
legendary
Activity: 2086
Merit: 1058
September 03, 2021, 03:27:48 PM
This Q4 hype that everyone has will definitely bring the price to a high level for sure, there is no doubt about that. I personally believe that we should not be worried about it because it is like self-fulfilling prophecy of sorts. How come?

Well, if everyone talks about bitcoin being over 100k then it will definitely be 100k because people keep buying more and more at these prices believing that it will be 100k, which will make it go up, and when it goes up there will be hype and people feel like they are too late to the party and they will buy making it even higher and then it will go viral and mainstream and it will go up even more and basically just because there were some people who believed bitcoin will be 100k+ that will result with price actually being there. Hopefully we will not see too much crashes afterwards, that is the only thing I am worried about.
member
Activity: 588
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September 03, 2021, 12:39:24 PM
I really believe that Bitcoin price will be able to reach $100k until the end of December. Because I think that we will witness another bull market starting in October at worst. This will cause the price to start increasing very quickly. It is $50k now and it is very close to going over this level. Maybe even at the end of this month, we can see the price breaking a new record. And with the bull run, it shouldn't be too hard for the price to reach $100k.
hero member
Activity: 2170
Merit: 503
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September 03, 2021, 12:31:06 PM
Knowing that some people always try and take profit as fast as possible, I am pretty sure that we would have a hard time getting into that price point by the end of the year although if I am wrong which is a good thing and the people hodl till December, we might be able to reach that point.
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
legendary
Activity: 2674
Merit: 1226
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September 03, 2021, 10:15:40 AM
A few bag holder already booked their profit at $50k and bitcoin takes a little correction. Bitcoin dump from $50,000 to $48500 But the price quickly recovers also. It's also a good sign. Still, there are buyers in this zone so why Bitcoin price cant able to dump more. I strongly believe some more bag holders will take their profit at the $50k-$51 range. If Bitcoin clearly can able to break the $51,000 resistance it will be a sign of Long entry for Bitcoin traders. Right now, no position holding. Wil love to take a position if there is any clear breakout or breakdown.

I thought they would have done so already in May when it was 50k or even 60k, that's kind of why everything went down to 30k again, profit taking's temporary effect on the overall market.

50 to 48.5 isn't a dump either, I mean, it's barely 1.5%, every normal crypto market even in a bull run experiences way more volatility than that:)
member
Activity: 1120
Merit: 68
September 03, 2021, 02:37:15 AM
Knowing that some people always try and take profit as fast as possible, I am pretty sure that we would have a hard time getting into that price point by the end of the year although if I am wrong which is a good thing and the people hodl till December, we might be able to reach that point.
hero member
Activity: 986
Merit: 516
September 03, 2021, 12:24:58 AM
No worries about Bitcoin because it is a beast and always beat all FUD to make new all time highs. This bull run has yet completed and the best has yet to come with us.

If Bitcoin breaks $51,000, it will fastly rise to $64k and another short squeeze will help it rise toward $100k around the end of this year.

It takes months to finish the bull run but it will happen. Meanwhile, patience is necessary to help you holding your Bitcoin. Prepare fiat to accumulate if Bitcoin dives temporarily again.
A few bag holder already booked their profit at $50k and bitcoin takes a little correction. Bitcoin dump from $50,000 to $48500 But the price quickly recovers also. It's also a good sign. Still, there are buyers in this zone so why Bitcoin price cant able to dump more. I strongly believe some more bag holders will take their profit at the $50k-$51 range. If Bitcoin clearly can able to break the $51,000 resistance it will be a sign of Long entry for Bitcoin traders. Right now, no position holding. Wil love to take a position if there is any clear breakout or breakdown.

hero member
Activity: 3010
Merit: 794
September 02, 2021, 02:27:18 PM
It's very difficult to speculate on the price of Bitcoin, but I'm not surprised if BTC can reach $100k, especially now that BTC is in a positive trend so there's a great chance to reach that target, but I'm not sure it will be achieved this December, because the numbers  That's still a long way from the current price of $49K.

We've reach $60k, so $100k is not impossible.

Basing on the one-year performance of bitcoin, last year as we can see here. https://coinmarketcap.com/currencies/bitcoin/

The price last Jan. 2020 was around $7k while it ended with a price of $29k by December, so that's x4 increase of the opening price last year.
So let's say the price starts at $29 this year and we multiply it by 4, that would result in over $116k, so $100k is possible.
This should how people think off about the probabilities that it could really happen and not only talking about 60k ath but also into those previous ATH's that we do have experienced

The only thing here is that we shouldnt really set out dates or something like that because it is never been predictable on when the price do raise up neither it would really be going down.

Dont cross out the possibilities because anything could happen. Expect the unexpected because not all the times we do anticipate for a price rise could also be a dump.So better
be wary so that you wont get frustrated.
legendary
Activity: 2464
Merit: 1102
September 02, 2021, 01:36:22 PM
I would love to see it but I would not expect too much for it.
For sure many of us especially holders would be happy to see its price at 6 digits but lets not hope too much or I should say that lets be patient enough for it to happen because it will really happen.

The next -ber months will be crucial because it will be the deciding factor into Bitcoin going up to 100k. If Bitcoin will surpass its ATH of ~$60,000 then there might be a chance that it will happen but as long as it will not surpass this price, I don't think that it will happen this year.
Bitcoin loves the fourth quarter almost all the time, it was great in 2017, it was great in 2019 and it was great in 2014 and 2016 as well, now it may be great again this year as well. Also last year it took us from 10k to nearly 30k levels as well just during fourth quarter. If we do anything remotely 2x then we are going to be near at 100k level which is totally possible, a 2x Q4 is something bitcoin can do very easily.

However I am aware that something bitcoin can do very easily doesn't mean that it will definitely do it, it just means if it wants to do it then it is easy to do it but if it doesn't want to do it then it is going to be hard, very hard because I have seen situations when I expected bitcoin to double even triple its price and it went down 50% as well. Not anytime soon because it has been great recently but I have seen it before.
legendary
Activity: 2674
Merit: 1226
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September 02, 2021, 11:50:11 AM
Bitcoin showing its strength. The current price of Bitcoin BTC is $49940 and 24H It raised 5.78% USD. If Bitcoin can able to close 4Houres candle above $48,0000 then we are very bullish, My target will be $54,000-$56,000.Now waiting for a clear breakout of $51,0000 strong resistance.

As much as I'd love to agree I think here we do have to credit the push from Ethereum, which has gained almost 10% in 24 hours, pushing up a lot of alts and I guess now the positive sentiment is spilling into BTC.

I have no targets in between here and 63k (ATH), I think now it's just a wish to see BTC continue September just like August. Slow and steady.
full member
Activity: 271
Merit: 101
September 02, 2021, 06:56:29 AM
I really start to think  ethereum will reach it faster, what the hell
hero member
Activity: 3010
Merit: 666
September 02, 2021, 06:53:00 AM
#99
I would love to see it but I would not expect too much for it.
For sure many of us especially holders would be happy to see its price at 6 digits but lets not hope too much or I should say that lets be patient enough for it to happen because it will really happen.

The next -ber months will be crucial because it will be the deciding factor into Bitcoin going up to 100k. If Bitcoin will surpass its ATH of ~$60,000 then there might be a chance that it will happen but as long as it will not surpass this price, I don't think that it will happen this year.

That's probably the scenario if bitcoin will hit a new ATH this year, based on trends, if the market is bullish in the last quarter, it usually continues to the next year so last quarter is very crucial and this month will be a deciding factor whether we will end the year in a bullish manner.

As I'm writing, bitcoin has already hit $50k again.
legendary
Activity: 2576
Merit: 1043
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September 02, 2021, 06:01:53 AM
#98
I would love to see it but I would not expect too much for it.
For sure many of us especially holders would be happy to see its price at 6 digits but lets not hope too much or I should say that lets be patient enough for it to happen because it will really happen.

The next -ber months will be crucial because it will be the deciding factor into Bitcoin going up to 100k. If Bitcoin will surpass its ATH of ~$60,000 then there might be a chance that it will happen but as long as it will not surpass this price, I don't think that it will happen this year.
legendary
Activity: 2982
Merit: 1028
September 02, 2021, 05:37:43 AM
#97
There's always that possibility so you better have a lot of bitcoin in case it happens. I don't think that it's going to reach that number by the end of the year though, I feel like it's only going to happen about a month or two months in 2022 and then another bear market probably.

If indeed we believe Bitcoin will reach a price of $100k, we should start collecting as much Bitcoin as possible from now on. Instead of regretting when
the $100k target is reached we don't have much Bitcoin, especially now that Bitcoin is still at $49k. This means that there is a great opportunity to
buy Bitcoin at a cheap price,  because compared to the price of Bitcoin at the end of the year which reached $100k. Then it is quite interesting with
your prediction which says that Bitcoin is likely to enter a bear market in early 2022. Because for me it makes sense, if we learn from history,
after the Bitcoin price went up high, there was often a price decline. Therefore, don't be greedy, sell the Bitcoins that we have immediately if
the target of $100k is reached. After that we can buy Bitcoin again when the price drops due to entering a bear market.

We mostly see that correction after the pump takes place.

If you believe that the market will be good, buying is the best strategy now. While the market for Bitcoin still at this ranged, just half year then your money have that chance to double up, is an easy decision that collecting a little more is the best plan for your investment.

It's always upon your good analysis that will give you the benefits that you like to achieve.
hero member
Activity: 2716
Merit: 552
September 02, 2021, 05:37:19 AM
#96
If we are going to think about the possibility then for sure bitcoin has the chance to reach 100k by December as this month makes a lot of people earn more money compared to another month as they have the 13th-month pay and other bonuses which makes them more confident on investing in cryptocurrency.

Christmas bonus and other holidays bonuses from retail investors won't gonna be enough if we're talking about $100,000 Btc price in such a short period of time.
Whales and institutions plays a huge role in a massive price action. If the whales and institutional investors decides to make a huge buy out, for sure Btc will have a good run for the 6 digit figure. If not, then I guess we'll be staying at around the region of $50,000 - $60,000 considering what has been mentioned in the first statement.
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