Today the market has a sharp correction of up to 8%, I hope the bitcoin price doesn't drop below $35k, because if the price drops below $35k it will cause panic from investors and the price can continue to drop, but I'm optimistic the market will recover even though it drops to below under $30k as it was in 2021.
Right now the price is above that level and we may close today above it but I have no doubts that the bears are going to try to break through that level tomorrow and if they are successful then there is no doubt that there will be some level of panic on the market, however this should be seen as an opportunity, as when the fear sentiment has taken over most of the market participants then that is when you can see big discounts in the best assets of any market as people get desperate to sell. 
Topic: Bitcoin could hit $100,000 within a year, crypto firm's CEO predicts! (Read 393 times)
May 06, 2022, 03:09:54 PM
Today the market has a sharp correction of up to 8%, I hope the bitcoin price doesn't drop below $35k, because if the price drops below $35k it will cause panic from investors and the price can continue to drop, but I'm optimistic the market will recover even though it drops to below under $30k as it was in 2021.
I think it already caused a panic, this is why we are here anyway. I mean I believe that it shouldn't be like this in the end but we are there anyway. This is something that we should await a bit longer and not really jump to conclusions right away. This is why I try to stay away from it as much as possible, just let the correction handle itself, maybe buy some if you have the funds for it, and just hold and ignore the market movements.35k doesn't seem to be the barrier, 38k was and we broke under that and we are facing a big panic sale at the moment, it could reach to 35k and even under, but I wouldn't mind since I know it will be 40k+ again, maybe this month, maybe next, but it will be there eventually.
May 06, 2022, 04:17:03 AM
Today the market has a sharp correction of up to 8%, I hope the bitcoin price doesn't drop below $35k, because if the price drops below $35k it will cause panic from investors and the price can continue to drop, but I'm optimistic the market will recover even though it drops to below under $30k as it was in 2021.
May 05, 2022, 12:27:06 PM
Right now we're heading downwards and till we break this ski slope we're on of constant red weekly bars dont think otherwise. It can rally within that negative but still resolve downwards, we have broken trend up and a trend forming downwards which needs to be challenged and beaten before thinking of any greater aspirations.
I think it'll take more then a year to do anything dramatic, just pencil that in on the basis of volatility and to reverse back upwards now in that extreme finite time scale would represent an explosion more then a rocket or other idea; not good or likely imo.
I think it'll take more then a year to do anything dramatic, just pencil that in on the basis of volatility and to reverse back upwards now in that extreme finite time scale would represent an explosion more then a rocket or other idea; not good or likely imo.
May 05, 2022, 04:05:03 AM
The reality is that we shouldn't really be doubting the 100k part, not the CEO part. I mean sure just because one CEO says something doesn't mean that we should believe them, this guy could have said bitcoin will be 10k and I wouldn't believe that neither.
However, we are talking about something that is a bit more in-line with bitcoin going up, hence why I believe that he is right. Not because he said it, but because I already thought that it would be 100k in 2022 as well, so he said the same thing that I believed before he said it. Just because some CEO said it, doesn't mean that we have to disagree with them automatically.
However, we are talking about something that is a bit more in-line with bitcoin going up, hence why I believe that he is right. Not because he said it, but because I already thought that it would be 100k in 2022 as well, so he said the same thing that I believed before he said it. Just because some CEO said it, doesn't mean that we have to disagree with them automatically.
May 03, 2022, 03:23:02 PM
Although the market has not recovered and dropped almost 50% compared to ATH that had happened, I was optimistic that in 2022 the price of Bitcoin could pass $ 100K, this was because currently there were several countries that opened the tender to become an official provider vendor so that it would increase demand in a way significant.
There is still a lot of time left during the year to see if that prediction actually becomes true, now things are not looking good if we are honest as the market is having problems staying above the 40k level, but we also know that the market has the tendency to move incredibly quickly so bitcoin may not need a lot of time to reach that price, still even if that did not happen during this year it does not matter because we know that it is just a matter of time until such a price is reached. 
May 02, 2022, 08:54:10 AM
Although the market has not recovered and dropped almost 50% compared to ATH that had happened, I was optimistic that in 2022 the price of Bitcoin could pass $ 100K, this was because currently there were several countries that opened the tender to become an official provider vendor so that it would increase demand in a way significant.
April 30, 2022, 05:16:56 AM
I think it's still hard for bitcoin to hit $100k in this year because there are still some headwinds for the market. So far, global regulations remain fragmented and the crypto market is still unstable. What's more, the price of bitcoin is still correlated with the stock market so when stocks fluctuate, so does Bitcoin.
Great for your argument mate and indeed it is something we must understand , Bitcoin will reach that level but of course this will take time and will be happening in the coming years and not this one .Bitcoin can reach even more higher than that but not in our very moment now
I trust all the prediction in good manner but not to the extend that this will be in our way now.
April 29, 2022, 06:25:56 PM
What happens is that we need something to take us out from the ranging market we are going through, and with Elon buying Twitter I think there is a possibility this could happen, after all he has announced that he is bringing changes to the platform and one of them could be the integration of bitcoin in Twitter, which could make the adoption to go up and give us enough strength for a bullish movement to materialize, but all of this is just speculation at this point.
The coin that actually had benefited out with this news or event is Dogehttps://www.marketwatch.com/story/dogecoin-jumps-17-outperforms-bitcoin-as-supporters-count-on-musk-to-make-twitter-more-doge-friendly-11650910168
I do rather see that this would be Doge friendly platform but i wont be having any doubts that Elon would be putting of course BTC on this area
but we arent that dumb on which one is favorite. lol
Whether he do focuses on;
-Bitcoin
-Doge
-Other coins(hasnt been mentioned publicly)
In talks about 100k on bitcoins price for this year then no one really knows and we do still have
8 months to go before we could see significant changes or into the next.
April 29, 2022, 05:05:27 PM
What happens is that we need something to take us out from the ranging market we are going through, and with Elon buying Twitter I think there is a possibility this could happen, after all he has announced that he is bringing changes to the platform and one of them could be the integration of bitcoin in Twitter, which could make the adoption to go up and give us enough strength for a bullish movement to materialize, but all of this is just speculation at this point.
The coin that actually had benefited out with this news or event is Dogehttps://www.marketwatch.com/story/dogecoin-jumps-17-outperforms-bitcoin-as-supporters-count-on-musk-to-make-twitter-more-doge-friendly-11650910168
I do rather see that this would be Doge friendly platform but i wont be having any doubts that Elon would be putting of course BTC on this area
but we arent that dumb on which one is favorite. lol
April 26, 2022, 05:50:52 PM
I think it's still hard for bitcoin to hit $100k in this year because there are still some headwinds for the market. So far, global regulations remain fragmented and the crypto market is still unstable. What's more, the price of bitcoin is still correlated with the stock market so when stocks fluctuate, so does Bitcoin.
What happens is that we need something to take us out from the ranging market we are going through, and with Elon buying Twitter I think there is a possibility this could happen, after all he has announced that he is bringing changes to the platform and one of them could be the integration of bitcoin in Twitter, which could make the adoption to go up and give us enough strength for a bullish movement to materialize, but all of this is just speculation at this point.https://www.marketwatch.com/story/dogecoin-jumps-17-outperforms-bitcoin-as-supporters-count-on-musk-to-make-twitter-more-doge-friendly-11650910168
I do rather see that this would be Doge friendly platform but i wont be having any doubts that Elon would be putting of course BTC on this area
but we arent that dumb on which one is favorite. lol
April 26, 2022, 05:36:51 PM
I think it's still hard for bitcoin to hit $100k in this year because there are still some headwinds for the market. So far, global regulations remain fragmented and the crypto market is still unstable. What's more, the price of bitcoin is still correlated with the stock market so when stocks fluctuate, so does Bitcoin.
What happens is that we need something to take us out from the ranging market we are going through, and with Elon buying Twitter I think there is a possibility this could happen, after all he has announced that he is bringing changes to the platform and one of them could be the integration of bitcoin in Twitter, which could make the adoption to go up and give us enough strength for a bullish movement to materialize, but all of this is just speculation at this point.I also think the same thing regarding Elon Musk officially buying Twitter it will have a positive impact on Bitcoin. Since we know Elon Musk has been
very active in promoting Bitcoin and Dogecoin since 2021, so buying Twitter one of the goals is probably crypto related. It's true, it's still speculation,
but the chances of it coming true are pretty big in my opinion. We'll see what happens next, hopefully it's true Elon Musk will help raise the price of
Bitcoin. But if Bitcoin doesn't hit $100k this year after Elon Musk makes Bitcoin bullish again, at least I hope with the help of Elon Musk Bitcoin this year
can return to above the price of $ 60k, it is enough to satisfy me.
April 26, 2022, 04:48:51 PM
I think it's still hard for bitcoin to hit $100k in this year because there are still some headwinds for the market. So far, global regulations remain fragmented and the crypto market is still unstable. What's more, the price of bitcoin is still correlated with the stock market so when stocks fluctuate, so does Bitcoin.
What happens is that we need something to take us out from the ranging market we are going through, and with Elon buying Twitter I think there is a possibility this could happen, after all he has announced that he is bringing changes to the platform and one of them could be the integration of bitcoin in Twitter, which could make the adoption to go up and give us enough strength for a bullish movement to materialize, but all of this is just speculation at this point. 
April 25, 2022, 07:03:31 AM
I think it's still hard for bitcoin to hit $100k in this year because there are still some headwinds for the market. So far, global regulations remain fragmented and the crypto market is still unstable. What's more, the price of bitcoin is still correlated with the stock market so when stocks fluctuate, so does Bitcoin.
April 22, 2022, 03:28:30 PM
That's an automatic bullish prediction, well, we could be happy with that but at least we stay realistic all the time. No problem with long term holders, but those who are trading short term like day traders, we have to be aware that the trend now is not bullish, it's more of a bearish trend and it's possible to see more down trends over time.
I believe that $100k is possible but would only happen once the correction is over and it's not gonna happen this year IMO.
I believe that $100k is possible but would only happen once the correction is over and it's not gonna happen this year IMO.
April 22, 2022, 03:14:27 PM
at least he didn't say something unrealistic although it could be that he exaggerated the time period because it was short, 1 year is too short, looking at the current price of 40000$ and knowing that the price was already at 69000$ and fell a lot so we can see that first before going up a lot it needs to go down a lot and consolidate for some time while waiting for another big good news to win a big impulsu and go up a lot again, but i think it would go up to 80000$ and then it would go down a lot and then would rise again to 100000$ and this cycle can take more than 1 year. so I think $100,000 in a year is still not realistic
The target of 100k in a year is not feasible with the current situation, we all know that Bitcoin's growth cycle, Bitcoin will reach ATH and will then collapse and take at least 2 or 3 years we can see Bitcoin's recovery. Bitcoin's cycle may not be the same, BTC had an ATH last year so hitting a new ATH this year is also possible but the 100k target is unlikely. I agree with you, the next ATH of the BTC will be 80k and then adjusts a while before it can reach 100k$.
April 21, 2022, 09:24:50 PM
at least he didn't say something unrealistic although it could be that he exaggerated the time period because it was short, 1 year is too short, looking at the current price of 40000$ and knowing that the price was already at 69000$ and fell a lot so we can see that first before going up a lot it needs to go down a lot and consolidate for some time while waiting for another big good news to win a big impulsu and go up a lot again, but i think it would go up to 80000$ and then it would go down a lot and then would rise again to 100000$ and this cycle can take more than 1 year. so I think $100,000 in a year is still not realistic
The target of 100k in a year is not feasible with the current situation, we all know that Bitcoin's growth cycle, Bitcoin will reach ATH and will then collapse and take at least 2 or 3 years we can see Bitcoin's recovery. Bitcoin's cycle may not be the same, BTC had an ATH last year so hitting a new ATH this year is also possible but the 100k target is unlikely. I agree with you, the next ATH of the BTC will be 80k and then adjusts a while before it can reach 100k$. 
April 21, 2022, 06:49:39 PM
How many times we see those prediction fails? Most of those prediction didn't have proper timeline so I guess they are just waiting for it to happen and praise their selves once those price came to reality. So maybe best for you to not mind all of those prediction because some do it for their own benefits they just want to be discussed by majority and this is huge exposure to them if they succeed.
Those predictions are meant to keep hope alive for investors and traders. The market dont just go quiet in the bear market but I expect to see the bottom of the bitcoin market this year if we haven't seen it. 2023 will prepare the ground for bitcoin halving in 2024, If bitcoin does not get lower than the present price it does not look attractive for investor willing to take 20x+ in the next bull
April 21, 2022, 06:00:44 PM
It is interesting that he says this, since he talks about the movement of BTC in the short term, which means that it is very likely that when we think in the long term, the behavior of BTC will be totally bullish.
I have also been reading some other articles some talk about the possible correlation between traditional assets and BTC but when we start to see their behavior they are only almost identical in the short term then the behavior fades it may have an impact on the economic level in the particular tradition, but I think that BTC does not need much prediction when in the long term it is about to reach more than $100k.
I have also been reading some other articles some talk about the possible correlation between traditional assets and BTC but when we start to see their behavior they are only almost identical in the short term then the behavior fades it may have an impact on the economic level in the particular tradition, but I think that BTC does not need much prediction when in the long term it is about to reach more than $100k.
April 19, 2022, 03:23:38 PM
at least he didn't say something unrealistic although it could be that he exaggerated the time period because it was short, 1 year is too short, looking at the current price of 40000$ and knowing that the price was already at 69000$ and fell a lot so we can see that first before going up a lot it needs to go down a lot and consolidate for some time while waiting for another big good news to win a big impulsu and go up a lot again, but i think it would go up to 80000$ and then it would go down a lot and then would rise again to 100000$ and this cycle can take more than 1 year. so I think $100,000 in a year is still not realistic
When it comes to a prediction about the future price of bitcoin there are two key points we need to evaluate so we can know if it is realistic or not, the first is the price itself that is being predicted and the second is the time it will take for bitcoin to reach that price, now 100k is not an unrealistic figure by itself as it is not far away from the ATH, however the timing is the issue, after all we are at the wrong part of the cycle and as such unless we break the 4 year cycle of bitcoin the price has no chance of going so high so fast. Jump to: