If there are no obstacles during the bullish period then Bitcoin cannot stop at $100k in November. this month we have entered a bullish trend which is taking place not only in bitcoin but several other altcoins so that Bitcoin price movements continue to rise, most recently the price touched $93k.
In the trend at the end of this year we will see bitcoin reach a new ATH even at its highest level around $150k so during the bull season anything can happen in cryptocurrency let's see and enjoy whether Bitcoin will break $100k or even $150k.
Topic: Bitcoin $100k in November 2024 on the cards?! (Read 204 times)
There is something of a top overhead near the recent highs that might make 100k not a valid target this month or even by end of this year.
I think we all know the fight is already won in the main but the pace of gains might not make 100k appear just yet. Ive said all along there is no sin in a steady sturdy step forwards. Its actually a positive if we see BTC not rush for a round number, its better to wind its way upwards not ascend without support.
Sideways for now, this is still bullish at these levels just like this whole year kept most of its gains I doubt we see any different now.
I think we all know the fight is already won in the main but the pace of gains might not make 100k appear just yet. Ive said all along there is no sin in a steady sturdy step forwards. Its actually a positive if we see BTC not rush for a round number, its better to wind its way upwards not ascend without support.
Sideways for now, this is still bullish at these levels just like this whole year kept most of its gains I doubt we see any different now.
Honestly, I think Bitcoin's unstoppable right now. We’re already in a super bullish trend, and if it hits $100k this November, $200k next month isn’t out of the question. That’s just how it goes with a bull run, it’s like there’s no ceiling. So, stay bullish and don’t bet against the trend. If you want to ride this wave, make sure you know when to pull out, and when you do, take those profits so you’re not left chasing it later, falling into FOMO.
Yes, the uptrend is still very strong and we should not be against the trend. But it would be an exaggeration to say we can hit $200k before the end of the year, we can't even hit that goal by the time the bull run ends.
During bull season things get crazy but that doesn't mean there are no limits. The capitalization of bitcoin and the entire market in general is at a very high level, over 3 trillion dollars. Meanwhile, bitcoin has already accounted for over $1.6 trillion and for bitcoin to double or reach $200k, we would need over $2 trillion. Where are we going to get $2 trillion to help Bitcoin hit $200k in just 1 month? To do that we need more organizations, companies or even governments to participate in the market, small investors like us cannot get that huge amount of money into the market.
Nothing’s impossible.. In fact, rumors say the current bull run is driven by institutional investors. It all started with BlackRock's ETF approval, and everything else just fell into place perfectly.Now, about that $2 trillion marketcap, it might seem unlikely, but let’s put it in perspective. Look at the market caps of the top 5 companies. These are just companies, while Bitcoin is a currency even governments are starting to hold. Bitcoin has the potential to surpass giants like Apple. When will it happen? Maybe sooner than we think, it’s all about the right timing..
https://www.visualcapitalist.com/ranked-the-50-most-valuable-companies-in-the-world-in-2024/
Quote
Rank Company Industry Market Cap ($B)
1 🇺🇸 Apple Technology $3,454
2 🇺🇸 NVIDIA Technology $3,111
3 🇺🇸 Microsoft Technology $3,073
4 🇺🇸 Alphabet Technology $2,055
5 🇺🇸 Amazon Technology $1,842
1 🇺🇸 Apple Technology $3,454
2 🇺🇸 NVIDIA Technology $3,111
3 🇺🇸 Microsoft Technology $3,073
4 🇺🇸 Alphabet Technology $2,055
5 🇺🇸 Amazon Technology $1,842
We still have 2 weeks before the month ends, but I don't think that it will reach that price this month.
We’ve already hit $90k, so why doubt $100k this month?
Bitcoin closed at $70,241.58 last month, and the highest price this month is already $93,480. That’s a massive pump and a clear sign of a super bullish run. At this point, being overly conservative might not be the best mindset. Let’s embrace the bullish energy and aim high, who knows, those big price predictions might actually hit.
Although the future is unpredictable, don't forget that bitcoin is trading at $91k and the gap to $100k isn't that big. I don't even consider $100k as a goal because we're so close to it already but because it's a nice number and we've been dreaming about it for a long time, so people always look forward to it and it becomes a psychological goal.
Also, don't forget that we are already in a bull season, the price can go from $70k to $93k in just 10 days, there is no reason not to believe that bitcoin will not reach $100k before the end of the month. Right now, $100k is just a short-term goal, it's not a long-term goal anymore, so we don't need to be too pessimistic .
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But have you noticed that since Trump was elected and the market has been rising, we have hardly heard any negative news happening in the world or in the markets? Is this a coincidence or are things changing?
I know, there's not been any bad news since then and am not saying price will not definitely smash $100k, just saying that we hope nothing just creep out from anywhere that can suddenly make the price becomes bearish.
We still have 2 weeks before the month ends, but I don't think that it will reach that price this month.
We’ve already hit $90k, so why doubt $100k this month?
Bitcoin closed at $70,241.58 last month, and the highest price this month is already $93,480. That’s a massive pump and a clear sign of a super bullish run. At this point, being overly conservative might not be the best mindset. Let’s embrace the bullish energy and aim high, who knows, those big price predictions might actually hit.
Hey Guys,
Will we see Bitcoin $100k in November 2024?!
I believe yes its manifesting, but open to see what others think.
thanks in advance.
Abj
We still have 2 weeks before the month ends, but I don't think that it will reach that price this month.Will we see Bitcoin $100k in November 2024?!
I believe yes its manifesting, but open to see what others think.
thanks in advance.
Abj
$100,000 is still possible though knowing how Bitcoin's price can move in a week. I mean in the past week; we've seen Bitcoin's price went up 20% already, and I will not be surprised though if it reaches 6-digits for the first time this year, but I predict that it will not.
For it to happen though, we need another catalyst that would push the price of Bitcoin even higher. We've seen it as high as $92,000 before it stabilizes and even corrected. Still, I would be happy if I see Bitcoin's price reaching $100,000 because that's my first selling price target and I will be selling 33% of my total Bitcoin if that price reaches. That's what you call "sticking to my plan."
Right now, I see $95,000 as a psychological resistance and if it surpasses, $100,000 would be the next one, but surpassing $95,000 might cause buyers to buy even more hence, more price increase.
Hey Guys,
Will we see Bitcoin $100k in November 2024?!
I believe yes its manifesting, but open to see what others think.
thanks in advance.
Abj
Will we see Bitcoin $100k in November 2024?!
I believe yes its manifesting, but open to see what others think.
thanks in advance.
Abj
It can be certain that Bitcoin price will reach $100k in 2024, but when it will reach $100k is not certain. Because the price of Bitcoin is still long according to the bull market, and the Bitcoin bull run will be sustainable until the middle of 2025. How much do you think the price of Bitcoin can be?
But I am sure Bitcoin price will hit the highest price in 2025 maybe around 150k dollars. So it is better to hold long-term holdings to prepare yourself, there is still enough time as we can estimate that we are in the first phase of the bull run. So there is nothing to be shocked yet Bitcoin price will improve in the future and the risk of further highs is the highest.
It sure is on the cards.
with beautiful daily chart like this I doubt bitcoin couldn't pull off $100k this month, price literally bounced so hard whenever there is retracement.
I think it's just matter of time.
I'm pretty sure with just one good news about BTC like big investment from financial institutions and MSTR buying for example could easily put BTC at $100k.
with beautiful daily chart like this I doubt bitcoin couldn't pull off $100k this month, price literally bounced so hard whenever there is retracement.
I think it's just matter of time.
I'm pretty sure with just one good news about BTC like big investment from financial institutions and MSTR buying for example could easily put BTC at $100k.
~
Man I'm quickly eating my words of 100k being highly impossible this year lol. Looking at it right now just a quick pump could get us to 100k. Hopefully doesn't happen though considering that a quick pump like that could immediately make a lot of people dump, especially since 100k is a price point where a lot of people are probably planning to sell. I expected the market to have calmed down, dump a bit then steady itself. It did dump a bit, but then went back up almost just as quickly and even more really. Doesn't look like the flow going to break anytime soon so yeah, wouldn't surprise me if 100k by end of November.
There was a pullback and I thought that it would take time it go back to $90k again. But now, it's gladly back at $91k so, this only means that the bullish sentiment of Bitcoin is there and there's still buying pressure that makes it come back, and soon, we might see the most awaited price that we are all waiting for, the $100k. There's still 15 days left for this month and I think that's more than enough if the same uprising Bitcoin will do for the rest of the remaining days for this month. Come what may, we've been long enough and Bitcoin is 100% doing great even at the end of this year.
Hey, it's 90k+ now, it just take only one pump to hit 100k. BTC hitting 100k is among its least problems now. I mean he can do it before you wake from sleep.But then, anyone who wishes do take profit can do so now, there'll be no much difference from here and 100k. But it will be regretful if it falls back.
Even if BTC touches 100k this month, I am seeing it cooling down for several months before the final pump in the first quarter of next 2025.
Fear and greed index is much higher now. I do think that people that have promised themselves to take profit won't still do that and will have to wait for the next price action of BTC. And I think it will continue even if Bitcoin touches $100k because there's more to come to this bull run and we're not yet seeing an end of it, and we're not even yet at the peak of it. Even if BTC touches 100k this month, I am seeing it cooling down for several months before the final pump in the first quarter of next 2025.
Hey Guys,
Will we see Bitcoin $100k in November 2024?!
I believe yes its manifesting, but open to see what others think.
thanks in advance.
Abj
There was a pullback and I thought that it would take time it go back to $90k again. But now, it's gladly back at $91k so, this only means that the bullish sentiment of Bitcoin is there and there's still buying pressure that makes it come back, and soon, we might see the most awaited price that we are all waiting for, the $100k. There's still 15 days left for this month and I think that's more than enough if the same uprising Bitcoin will do for the rest of the remaining days for this month. Come what may, we've been long enough and Bitcoin is 100% doing great even at the end of this year.Will we see Bitcoin $100k in November 2024?!
I believe yes its manifesting, but open to see what others think.
thanks in advance.
Abj
But then, anyone who wishes do take profit can do so now, there'll be no much difference from here and 100k. But it will be regretful if it falls back.
Even if BTC touches 100k this month, I am seeing it cooling down for several months before the final pump in the first quarter of next 2025.
Hey Guys,
Will we see Bitcoin $100k in November 2024?!
I believe yes its manifesting, but open to see what others think.
thanks in advance.
Abj
There was a pullback and I thought that it would take time it go back to $90k again. But now, it's gladly back at $91k so, this only means that the bullish sentiment of Bitcoin is there and there's still buying pressure that makes it come back, and soon, we might see the most awaited price that we are all waiting for, the $100k. There's still 15 days left for this month and I think that's more than enough if the same uprising Bitcoin will do for the rest of the remaining days for this month. Come what may, we've been long enough and Bitcoin is 100% doing great even at the end of this year. Will we see Bitcoin $100k in November 2024?!
I believe yes its manifesting, but open to see what others think.
thanks in advance.
Abj
Market seems to hesitate, and looks a bit afraid by the 100k$ mark which looks like a psychological resistance. So to be honest I think there are more chances for itself to stay under until december than to break it. And if 100k is broken, we could except a rather big sell off right after that IMO.
Not entirely sure if 100k would be on the paper, that seems like that would be a lot harder to reach and that is why I am not really expecting it to happen this month. But nothing is impossible in the crypto world and we could see this work out as well. Don't get me wrong, I am not really seeing how 100k this month could happen, but at the same time in the crypto world everything happens quite quickly and that is why we are not sure about anything.
If you tell me it will end the month under 80k, I would believe you and say that is possible, if you told me that 100k+ would be possible then I would say that is also possible and could happen as well. You never know what's going to happen so 100k is definitely on the cards with the way we broke over 90k already.
If you tell me it will end the month under 80k, I would believe you and say that is possible, if you told me that 100k+ would be possible then I would say that is also possible and could happen as well. You never know what's going to happen so 100k is definitely on the cards with the way we broke over 90k already.
Current action suggests a drift and possible decline from here to better support. 15 days is a long time in Bitcoin so even if it does decline, doesnt that leave time for BTC to recover then bridge the gap from 90k to 100k.
It would seem quite possible for 100k this month which is far faster then I expected but then I had not fully considered the result of the election and radical events in the news accelerating BTC volatility.
When volatile BTC can reach 100k or even multiples higher but it does not mean we hold or maintain that level, it would be too much to argue 100k cannot be achieved as a price target.
Right now watch BTC on the 2 day average, its falling below that. I'm positive on prospects if BTC stays above a weekly average.
It would seem quite possible for 100k this month which is far faster then I expected but then I had not fully considered the result of the election and radical events in the news accelerating BTC volatility.
When volatile BTC can reach 100k or even multiples higher but it does not mean we hold or maintain that level, it would be too much to argue 100k cannot be achieved as a price target.
Right now watch BTC on the 2 day average, its falling below that. I'm positive on prospects if BTC stays above a weekly average.
Based on the current movement data, it is possible that bitcoin could go to $100K at the end of November because we still have 2 weeks left at the end of the month, so it could be a little sideways now and then at the end of the month there is another increase.
I think the positive sentiment is still there, where some of the news is positive including Trump's news which is in favor of crypto, so we can only guess now with optimism that $100K at the end of Nov is still very possible.
I think the positive sentiment is still there, where some of the news is positive including Trump's news which is in favor of crypto, so we can only guess now with optimism that $100K at the end of Nov is still very possible.
If there's no negative factor that comes up to interfere with the bullish movement lately, then it's supposed to reach $100k before the end of the month, SM would definitely take advantage too, so they might want to drag the price all the way to $100k before they pause.
Of course, the market is affected and its movements depend on macro news so without negative news nothing can stop bitcoin and vice versa. This is obvious and everyone knows.
But have you noticed that since Trump was elected and the market has been rising, we have hardly heard any negative news happening in the world or in the markets? Is this a coincidence or are things changing?
In recent months, news of war and inflation has affected us but I don't hear much about war anymore. Meanwhile, although the CPI and PPI indexes increased compared to the previous month, but in the recent meeting, the Fed still affirmed that the economy is very good and everything is still under control. With a very dovish tone, it suggests they will almost certainly cut interest rates again next December. So I think there is nothing that can stop bitcoin from reaching $100k and continuing to conquer new records.
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If there's no negative factor that comes up to interfere with the bullish movement lately, then it's supposed to reach $100k before the end of the month, SM would definitely take advantage too, so they might want to drag the price all the way to $100k before they pause.
legendary
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Honestly, I think Bitcoin's unstoppable right now. We’re already in a super bullish trend, and if it hits $100k this November, $200k next month isn’t out of the question. That’s just how it goes with a bull run, it’s like there’s no ceiling. So, stay bullish and don’t bet against the trend. If you want to ride this wave, make sure you know when to pull out, and when you do, take those profits so you’re not left chasing it later, falling into FOMO.
Yes, the uptrend is still very strong and we should not be against the trend. But it would be an exaggeration to say we can hit $200k before the end of the year, we can't even hit that goal by the time the bull run ends.
During bull season things get crazy but that doesn't mean there are no limits. The capitalization of bitcoin and the entire market in general is at a very high level, over 3 trillion dollars. Meanwhile, bitcoin has already accounted for over $1.6 trillion and for bitcoin to double or reach $200k, we would need over $2 trillion. Where are we going to get $2 trillion to help Bitcoin hit $200k in just 1 month? To do that we need more organizations, companies or even governments to participate in the market, small investors like us cannot get that huge amount of money into the market.
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