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Topic: Bitcoin could hit $100,000 within a year, crypto firm's CEO predicts! (Read 393 times)

legendary
Activity: 2534
Merit: 1338
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.
legendary
Activity: 3318
Merit: 1128
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.
sr. member
Activity: 1792
Merit: 255
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.
STT
legendary
Activity: 4102
Merit: 1454
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.
sr. member
Activity: 1914
Merit: 328
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.
legendary
Activity: 2534
Merit: 1338
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.
sr. member
Activity: 1722
Merit: 252
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.
full member
Activity: 2520
Merit: 204
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  Grin
I trust all the prediction in good manner but not to the extend that this will be in  our way now.
hero member
Activity: 2968
Merit: 687
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 Doge
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  Cheesy
Without a doubt when it comes to his tweets Elon gives way more love to dogecoin, however rich people talk with their money, and I doubt that Elon has as much money invested at dogecoin than the money he invested at bitcoin, so if we are talking about exclusively a business decision it is better for him to look into how to integrate bitcoin to twitter than to do the same for dogecoin, since the former will bring him more benefits than the latter.
We dont actually know on how much coins that he had been holding or trying to accumulate.
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.

legendary
Activity: 2534
Merit: 1338
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 Doge
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  Cheesy
Without a doubt when it comes to his tweets Elon gives way more love to dogecoin, however rich people talk with their money, and I doubt that Elon has as much money invested at dogecoin than the money he invested at bitcoin, so if we are talking about exclusively a business decision it is better for him to look into how to integrate bitcoin to twitter than to do the same for dogecoin, since the former will bring him more benefits than the latter.
hero member
Activity: 2730
Merit: 632
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.
The coin that actually had benefited out with this news or event is Doge
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  Cheesy
full member
Activity: 1736
Merit: 116
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.
legendary
Activity: 2534
Merit: 1338
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.
full member
Activity: 1119
Merit: 206
Next Generation Web3 Casino
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.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
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.

legendary
Activity: 2534
Merit: 1338
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 $100,000 in a year is still not realistic
The target of 100k in a year is not feasible with the current situation, we all know that Bitcoin's growth cycle, Bitcoin will reach ATH and will then collapse and take at least 2 or 3 years we can see Bitcoin's recovery. Bitcoin's cycle may not be the same, BTC had an ATH last year so hitting a new ATH this year is also possible but the 100k target is unlikely. I agree with you, the next ATH of the BTC will be 80k and then adjusts a while before it can reach 100k$.
There were many people that thought that we were going to break away from the four year cycle that we have been watching in bitcoin since its creation, but at least it seems right now that we are going to need to wait until the next cycle to see if we can finally see a price of bitcoin that grows more slowly and that does not crash as often, and if that is the case then the chances that we will see 100k this year are low, but still it is not completely impossible, as we have still 8 months remaining during this year.
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
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 $100,000 in a year is still not realistic
The target of 100k in a year is not feasible with the current situation, we all know that Bitcoin's growth cycle, Bitcoin will reach ATH and will then collapse and take at least 2 or 3 years we can see Bitcoin's recovery. Bitcoin's cycle may not be the same, BTC had an ATH last year so hitting a new ATH this year is also possible but the 100k target is unlikely. I agree with you, the next ATH of the BTC will be 80k and then adjusts a while before it can reach 100k$.
hero member
Activity: 2870
Merit: 594
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
Well at least if you are here for long term, these kind of predictions doesn't matter. I mean it's good to hear someone with a bold prediction of like 6 digits, nevertheless your concern as a long term investor is to accumulate as much as you can and hold. Maybe we can hit that price in the future, but still, you will not just simply dump it just for the profits. You will have to hold and wait for more, until such time that it bitcoin exceeds your expectations.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
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.

legendary
Activity: 2534
Merit: 1338
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.
sr. member
Activity: 2240
Merit: 270
SOL.BIOKRIPT.COM
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
hero member
Activity: 2548
Merit: 605
Or which institutions are going to invest next on bitcoin? Bitcoin narrative have change in the last 4-5 years that push it to $69k. I didn't see it coming from government or companies that are willing to put their assets into bitcoin. But this time, we need more, are gold investors going to shift so that we will going to hit $100k or more in the next years? Or will retail still going to be the fuel for that six digits?
Only the way to find out is to stay tuned on the news, for sure there are still more institutions that are not yet involved in to bitcoins and still want to invest on it because the name of bitcoin is still getting popular, it gets wider and wider every single day but nice number there 69k hehe.

I think bitcoin will come back on that number soon and maybe he will stay on it, not because it's a nice number but we all now that bitcoin is getting stable sometimes. Maybe next time, that is going to be the next support. The fuel to see bitcoin on a new high can come from different sources including govt's, Co's, and of course our very own retail investors.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
I have no doubts about bitcoin's ability to hit $100,000 but I'm not sure if it will happen this year. But if it happens this year, I'm sure many of us will want to sell it at peak prices. Meanwhile, we still have about 8 months left to see what the bitcoin price will be at the end of this year and now, we are also still allowed to buy bitcoin at the current price. So before the opportunity is lost, we should be able to use it to buy bitcoin and hold it until the price reaches our desired price target.
Never trust those who claims that Bitcoin can reach that High sooner because those who has that speculation are mostly those people who are eager to make Bitcoin price Hype so they can sell their Holdings in good profit.
But the truth is that they have no plans in adding another amount to keep safe, meaning they are boosting small investors to give them this break.
how many thread had been released this whole year alone? not counting those who had been released in the 2021 Bull hyping year?
no not trustworthy and I will keep mine for the time being.


Yes what you say is absolutely true, it seems impossible for bitcoin to be able to reach $100 thousand in one year, it could be 2 or 3 years bitcoin can reach that price.
And hoping that the price of bitcoin can reach $60 thousand we are very grateful because for the last few months people have been very depressed thinking about the price of bitcoin that never recovered.
Bitcoin can reach that high in 1 year, and that is when the Halving comes again and when? yes it is 2025 .
legendary
Activity: 3234
Merit: 5637
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^^ Or which institutions are going to invest next on bitcoin? Bitcoin narrative have change in the last 4-5 years that push it to $69k. I didn't see it coming from government or companies that are willing to put their assets into bitcoin. But this time, we need more, are gold investors going to shift so that we will going to hit $100k or more in the next years? Or will retail still going to be the fuel for that six digits?

I think there are a lot of such investors who want to remain anonymous for a reason, mostly because such public announcements would greatly affect the price of Bitcoin. For the average Joe who has invested in Bitcoin, such announcements mean profit - but for those who invest big money and gradually increase their Bitcoin supply, a higher price only means higher costs.

In other words, it suits all of them that the price is not rising, but to remain as stable as possible or to go as low as possible. When you buy for hundreds of millions of dollars, it means big savings - and the rich are rich for a reason, they don't spend money like drunken billionaires (with some exceptions).

When it comes to gold, I do not expect traditional investors to turn to cryptocurrencies so quickly, because they put stability first, and only then profit. It's no secret that $ trillion has been invested in bonds with negative yields, although that amount has declined considerably over the past few years. We can rightly ask ourselves why these investors prefer to choose a guaranteed loss, rather than a possible profit.
full member
Activity: 529
Merit: 101
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

Yes what you say is absolutely true, it seems impossible for bitcoin to be able to reach $100 thousand in one year, it could be 2 or 3 years bitcoin can reach that price.
And hoping that the price of bitcoin can reach $60 thousand we are very grateful because for the last few months people have been very depressed thinking about the price of bitcoin that never recovered.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
at least he didn't say something unrealistic although it could be that he exaggerated the time period because it was short, 1 year is too short, looking at the current price of 40000$ 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
member
Activity: 790
Merit: 44
Bitcoin could hit $100,000 within a year, the CEO of crypto lending firm Nexo has predicted.
Whether we can believe the words of Antoni Trenchev, I think we should see how much influence he has on the crypto market, even though he is the CEO of crypto Nexo.

Elon is not a stock exchange CEO, in fact he can shake the crypto market, if Antoni can be like Elon my response is he doesn't need to make predictions, do it, I think it's hard, his predictions don't work.
hero member
Activity: 2660
Merit: 651
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$100k within a year could happen. This is based on the ath of bitcoin that is being reached last year. The price started to reach ath in an unexpected time period and everything happened within a very short time period. Considering such growth pattern reaching $100k is possible, but the market need to be supportive. For now it looks like the market is in a stabilized move. So, it looks like we'll experience slow and steady growth till the year end.
Honestly, the market has gotten the needed support and I never have the potential to reach $100K in this current market but I still don't know why these people are making this prediction again when it clearly shows that Bitcoin will not make the $100K price in this current market. Besides, if the Bitcoin market still chooses the recent momentum next week from what I am seeing it appears that we are in the Altcoin season.
For what's what, Bitcoin could achieve a $100K price within a year but the chance is tight.

Most of the people set the next target to 100k dollars. So their are lot of chance for it
People next targeted to be $100K does that mean the Bitcoin market will achieve the price or don't notice that the Bitcoin market doesn't have the momentum to achieve the price?

~
Honestly, the market has gotten the needed support and I never have the potential to reach $100K in this current market but I still don't know why these people are making this prediction again when it clearly shows that Bitcoin will not make the $100K price in this current market. Besides, if the Bitcoin market still chooses the recent momentum next week from what I am seeing it appears that we are in the Altcoin season.
For what's what, Bitcoin could achieve a $100K price within a year but the chance is tight.
Lucius explained it better, he is selling snake oil and he wants to attract investors in his platform and for that he could come up in any national television and make any claims without any proof validation and we have seen many in the past coming up with absurd claims and speculation and this is nothing special. I am in this space for a long time and if i am looking for any valuation above $100,000 i would wait for the next halving rather than believing any salesman  Cheesy.
I agree with what you said but I am trying to make this clear to some people who easily believe in prediction made by some people online, if could remember correctly, this $100K price per Bitcoin have been predicted ever since the start of Bitcoin halving effect market and I always tell people since that I don't see Bitcoin claiming that price in this current market.

Having said that, I don't do a background check on the person that makes the prediction but it was already clear to me long ago that making some statement about Bitcoin to get the attention of the crypto community is the fast way people drag the world attention to themselves or publicize their business.
legendary
Activity: 2576
Merit: 1655
^^ Or which institutions are going to invest next on bitcoin? Bitcoin narrative have change in the last 4-5 years that push it to $69k. I didn't see it coming from government or companies that are willing to put their assets into bitcoin. But this time, we need more, are gold investors going to shift so that we will going to hit $100k or more in the next years? Or will retail still going to be the fuel for that six digits?
hero member
Activity: 2968
Merit: 687
I'm always optimistic that the price of bitcoin will continue to increase, the simple theory is because stock is limited while the number of users continues to increase, especially the latest data that users in Africa have increased by more than 2700% so that demand continues to increase and we can see this from the daily transaction volume of bitcoin.
Supply is indeed limited, especially after the halving in 2020 made the price of Bitcoin experience a high spike,
this is proof that Bitcoin is indeed bullish when supply is thin, 18 million is already circulating in the market, of course there are still 3 million left,
and the prediction of 3 million will be difficult to predict. expires in the next 100 years, and maybe $100000 could happen this year
Still depend on various factors.

1. Demand
2. Regulation
3. Awareness or Recognition

We know that $100k is really that achievable which is something a realistic number compared into those who are claiming 1 million per
coin which is really out of this world.I dont bother nor stress out myself on minding or thinking about things to happen on next 100 years.
legendary
Activity: 3234
Merit: 5637
Blackjack.fun-Free Raffle-Join&Win $50🎲
Lucius explained it better, he is selling snake oil and he wants to attract investors in his platform and for that he could come up in any national television and make any claims without any proof validation and we have seen many in the past coming up with absurd claims and speculation and this is nothing special. I am in this space for a long time and if i am looking for any valuation above $100,000 i would wait for the next halving rather than believing any salesman  Cheesy.

I am glad that someone is still reading what others have written before writing their post Wink

People should finally understand (though probably never will) how the media works. On the one hand, they need material to attract readers, and on the other hand, someone needs media exposure, which leads to such articles in which we did not learn anything new, and if we read between the lines, it is more than clear what the intention is behind the article.

In a world where interest rates are negative, someone promises us a profit of 17% if we buy his tokens, all packaged in the story of how one day the price of Bitcoin will be $100k - everyone on the forum knows this very well without such so-called experts Roll Eyes
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
Honestly, the market has gotten the needed support and I never have the potential to reach $100K in this current market but I still don't know why these people are making this prediction again when it clearly shows that Bitcoin will not make the $100K price in this current market. Besides, if the Bitcoin market still chooses the recent momentum next week from what I am seeing it appears that we are in the Altcoin season.
For what's what, Bitcoin could achieve a $100K price within a year but the chance is tight.
The support are only to prevent bitcoin from falling further but not from achieving greater ath's. Just let them if that's what they want in bitcoin, they based their predictions on the past price of btc and they see that btc reached 68k so why not 100k? But the gap is kinda wide though in my opinion.

I am not sure if btc can hit 100k but a comeback from 68k is pretty possible and it can achieve some extra gains after that. I think that the altcoin season won't be possible if btc won't have its own bull season first. We have seen some good performance of a few altcoins last time but the rest of the alts didn't follow, they choose to remain stagnant.
sr. member
Activity: 2618
Merit: 439
Am not sure if this going to happen but of course I am one of those who dreamed for the 6 digit increase because this is my target amount to sell out for a while, I may take a break from investing and holding for a while after taking my funds out because i am surely 400% profiting if 100k will be taken .
nothing is impossible, it can happen and everyone can predict what they want to predict. That prediction doesn't have to be true, it's someone's assumption. but I don't believe in it myself because the 100k prediction has been around for a long time and always fails / has not been achieved.
supporting this for the sake of arguments, there is no impossible in crypto space and we had seen than happened many times  now .

I have no doubts about bitcoin's ability to hit $100,000 but I'm not sure if it will happen this year. But if it happens this year, I'm sure many of us will want to sell it at peak prices. Meanwhile, we still have about 8 months left to see what the bitcoin price will be at the end of this year and now, we are also still allowed to buy bitcoin at the current price. So before the opportunity is lost, we should be able to use it to buy bitcoin and hold it until the price reaches our desired price target.
when the price of bitcoin reaches $100k for the first time there will definitely be many who will try to profit from it (by selling for sure), because just look at what happened when Bitcoin made ATH last year, many then took profit and sold some of their belongings to then buy back at lower prices.  Bitcoin's very volatile price is something that can't be changed and will continue to be like that.
that is normal as correction we can call it, People are selling to take their profit and wait for the full back then buy again.
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I have no doubts about bitcoin's ability to hit $100,000 but I'm not sure if it will happen this year. But if it happens this year, I'm sure many of us will want to sell it at peak prices. Meanwhile, we still have about 8 months left to see what the bitcoin price will be at the end of this year and now, we are also still allowed to buy bitcoin at the current price. So before the opportunity is lost, we should be able to use it to buy bitcoin and hold it until the price reaches our desired price target.
when the price of bitcoin reaches $100k for the first time there will definitely be many who will try to profit from it (by selling for sure), because just look at what happened when Bitcoin made ATH last year, many then took profit and sold some of their belongings to then buy back at lower prices.  Bitcoin's very volatile price is something that can't be changed and will continue to be like that.
Selling is inevitable, but if buyers are way stronger than the sellers I’m pretty sure we can still go beyond $100k price and I also believe that it can really happen this year. This is not the first time to hear a prediction like this, they are hyping Bitcoin to start the trend but so far Bitcoin didn’t respond on that and failed to break the resistance. Just hold if you believe for a $100k price this year.
It is not about the prediction market, but everything happens out of the market demand. Price prediction from the CEO of crypto.com have been taken into discussion, because he has a big company that is operating on cryptocurrencies. If I'm not wrong, what the CEO trying to do is a kind of market manipulation. However the market doesn't react all the time, it reacts unexpected and the growth will go high above the predicted one.
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I have no doubts about bitcoin's ability to hit $100,000 but I'm not sure if it will happen this year. But if it happens this year, I'm sure many of us will want to sell it at peak prices. Meanwhile, we still have about 8 months left to see what the bitcoin price will be at the end of this year and now, we are also still allowed to buy bitcoin at the current price. So before the opportunity is lost, we should be able to use it to buy bitcoin and hold it until the price reaches our desired price target.
when the price of bitcoin reaches $100k for the first time there will definitely be many who will try to profit from it (by selling for sure), because just look at what happened when Bitcoin made ATH last year, many then took profit and sold some of their belongings to then buy back at lower prices.  Bitcoin's very volatile price is something that can't be changed and will continue to be like that.
Selling is inevitable, but if buyers are way stronger than the sellers I’m pretty sure we can still go beyond $100k price and I also believe that it can really happen this year. This is not the first time to hear a prediction like this, they are hyping Bitcoin to start the trend but so far Bitcoin didn’t respond on that and failed to break the resistance. Just hold if you believe for a $100k price this year.
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I have no doubts about bitcoin's ability to hit $100,000 but I'm not sure if it will happen this year. But if it happens this year, I'm sure many of us will want to sell it at peak prices. Meanwhile, we still have about 8 months left to see what the bitcoin price will be at the end of this year and now, we are also still allowed to buy bitcoin at the current price. So before the opportunity is lost, we should be able to use it to buy bitcoin and hold it until the price reaches our desired price target.
when the price of bitcoin reaches $100k for the first time there will definitely be many who will try to profit from it (by selling for sure), because just look at what happened when Bitcoin made ATH last year, many then took profit and sold some of their belongings to then buy back at lower prices.  Bitcoin's very volatile price is something that can't be changed and will continue to be like that.
legendary
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~
Honestly, the market has gotten the needed support and I never have the potential to reach $100K in this current market but I still don't know why these people are making this prediction again when it clearly shows that Bitcoin will not make the $100K price in this current market. Besides, if the Bitcoin market still chooses the recent momentum next week from what I am seeing it appears that we are in the Altcoin season.
For what's what, Bitcoin could achieve a $100K price within a year but the chance is tight.
Lucius explained it better, he is selling snake oil and he wants to attract investors in his platform and for that he could come up in any national television and make any claims without any proof validation and we have seen many in the past coming up with absurd claims and speculation and this is nothing special. I am in this space for a long time and if i am looking for any valuation above $100,000 i would wait for the next halving rather than believing any salesman  Cheesy.
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$100k within a year could happen. This is based on the ath of bitcoin that is being reached last year. The price started to reach ath in an unexpected time period and everything happened within a very short time period. Considering such growth pattern reaching $100k is possible, but the market need to be supportive. For now it looks like the market is in a stabilized move. So, it looks like we'll experience slow and steady growth till the year end.
Honestly, the market has gotten the needed support and I never have the potential to reach $100K in this current market but I still don't know why these people are making this prediction again when it clearly shows that Bitcoin will not make the $100K price in this current market. Besides, if the Bitcoin market still chooses the recent momentum next week from what I am seeing it appears that we are in the Altcoin season.
For what's what, Bitcoin could achieve a $100K price within a year but the chance is tight.

Most of the people set the next target to 100k dollars. So their are lot of chance for it.When the 40k dollars was a dream. Only the investor and investments make it happened. When the pump occupied, the next dump will be triggered out. So the new people increase the demand of the crypto currency. When the pump occur, most of the time the bulk sale of bitcoin will take. So it also reduced the demand and reduced the price.
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$100k within a year could happen. This is based on the ath of bitcoin that is being reached last year. The price started to reach ath in an unexpected time period and everything happened within a very short time period. Considering such growth pattern reaching $100k is possible, but the market need to be supportive. For now it looks like the market is in a stabilized move. So, it looks like we'll experience slow and steady growth till the year end.
Honestly, the market has gotten the needed support and I never have the potential to reach $100K in this current market but I still don't know why these people are making this prediction again when it clearly shows that Bitcoin will not make the $100K price in this current market. Besides, if the Bitcoin market still chooses the recent momentum next week from what I am seeing it appears that we are in the Altcoin season.
For what's what, Bitcoin could achieve a $100K price within a year but the chance is tight.
legendary
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The article looks like it was written by elementary school kids - just another free promotion for some insignificant character who claims he was right (and we know he wasn't) and just another in a series obsessed with $100 000. If that happens in late 2023 or 2024, he will say again that he was right - but even a broken watch is accurate twice a day.



We won't get too excited about that prediction, but maybe people who don't know much about this world will be motivated to invest through his firm.

Well, he is not talking nonsense because he is bored in life, but to attract some new investors who will believe that through his platform it is possible to earn up to 17% interest on your savings. All this of course with company tokens, and lots of nice promises.



Warning: The image above is no financial advice or recommendation!
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Trenchev's 2020 prediction didn't come true. Bitcoin only managed to hit a high of just over $29,000 that year. But the cryptocurrency did eventually surpass that $50,000 in February 2021.

More Details: https://www.google.com/amp/s/www.cnbc.com/amp/2022/04/14/bitcoin-btc-price-could-hit-100000-within-a-year-crypto-ceo.html



Is there something new from this prediction and those predictions releases even last year?
I think what we need to see now is the actual movement and not these BS predictions , I hate seeing more of this when the truth is nothing is coming to reality for the whole year of 2021 and now second quarter of 2022
lets see what will come now? or till 2025  Grin
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nothing is impossible, it can happen and everyone can predict what they want to predict. That prediction doesn't have to be true, it's someone's assumption. but I don't believe in it myself because the 100k prediction has been around for a long time and always fails / has not been achieved.
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Isn't it scary when most of them are bullish? Well, I've been part of the bullish people and will still be but when news like this comes out most of the time.
There's nothing new when they're telling the same thing. I guess we'll keep on seeing CEOs predicting the same price of bitcoin until it reaches it finally.
Most people think that Bitcoin is like a bubble that's why they keep thinking or hoping that it would be bullish but they never understand the cause and effect after the bull run in a long period of time. We're just so lucky that Bitcoin isn't moving that way but to most altcoins it does happen. And making such prediction or believing that someone could just predict the way they want to as if their prediction matters. In the long run their prediction will just be forgotten as if they never existed so stay focused on reading the chart and do your own thing to make a prediction and stop believing to these so-called experts.
I don't think that bitcoin is a bubble but I'm bullish. But you're right that many are thinking that it's still a bubble that will pop soon but it has been proven that it's not a bubble.
It's a natural growth that we've seen through the years and it's not what they think of. Anyway, if it's about in the long run then it's going to be the same thing. There will be another prediction that we might see again from these high ranking people.
hero member
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And yet it's having a hard time to go back to $50k. But it's okay, it's the behavior of Bitcoin. Volatile. So everything will just be a prediction even from a CEO of a company. I want to stay with the lower expectations to avoid disappointments. Expecting too much could make you regret things.
Just keep on accumulating more, purchase, or however I could grab a Bitcoin out there.
That way, if ever that prediction hits (even if it the real reason is for his own benefit) then it will put a smile on my face.
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This forecast of saying bitcoin will reach the 100,000 price level during a year was said by many people, to be honest, I don't really care about the prediction and the forecast of people even if they had a good history of predictions none knows what going be happen in the future, regardless of that, bitcoin reaching 100,000 price level is not something very far and many soon this will happen and this will reach even higher prices than 100,000 but's just about the time because none know when this gonna be happening.
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I have no doubts about bitcoin's ability to hit $100,000 but I'm not sure if it will happen this year. But if it happens this year, I'm sure many of us will want to sell it at peak prices. Meanwhile, we still have about 8 months left to see what the bitcoin price will be at the end of this year and now, we are also still allowed to buy bitcoin at the current price. So before the opportunity is lost, we should be able to use it to buy bitcoin and hold it until the price reaches our desired price target.
legendary
Activity: 3080
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Bitcoin could hit $100,000 within a year, the CEO of crypto lending firm Nexo has predicted.

Since his business works with crypto, it's part of the job description to convince people that crypto has a good future.
Making price predictions is one such move. The prediction has 0 value because it's a prediction and the bigger/more interesting the price published, the better chances newspapers will talk about that, also indirectly advertising his company. It's a win-win situation by just telling a number.

So it's a biased prediction with absolutely no value. Sorry.

And same with the other so called perma bulls in the market, their job description is to attract wealthy clients so they have to sing praises about bitcoin and it's massive price increased in the near future so that the potential clients will invest millions on them, and it means profits as a cut for this investment crypto firms. Although the chance to hit $100k is the future is high, it might take some time though and no one knows the exact time when we will achieved it, hence it's a waiting game for us, lots of grinding and years of patience.
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I also predicted that $100,000 can be reached in a year. My neighbor also predicted that Bitcoin will be at $200,000 in the next 2-3 years. Somebody who doesn't know anything about Bitcoin just predicted that it will reach a million in a decade. The point here is everybody can predict whatever price they want to. Its just these influential and rich people's prediction are being put to an article but the point here is anybody can predict.

$100,000 in a year is reachable though IMO only if there is no multi-month bear market happening this year or else, this will not happen at least in a year.
legendary
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For what it's worth, in January 2020 Trenchev predicted bitcoin's price would top $50,000 by the end of that year. "Everybody was laughing me out," he says.
So he is using false prediction as a confirmation that he was right, just because BTC reached 50k few months later? Great!

The worst thing about these useless predictions is that some of them will end up being right, and the people who gave those will be seen as gurus by crypto media and ignorant investors and may even do investments based on their "predictions".
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Yeah, right, and it could also have hit $100K six months ago. In fact it was the minimum expected by everyone involved in this world for the past year, some predictions giving much more. We won't get too excited about that prediction, but maybe people who don't know much about this world will be motivated to invest through his firm.
hero member
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Just another prediction like the others, with just different name, from a different company, and different analysis.
We have seen predictions like this like a hundred times, and no it's totally wrong most of the time. There are even unrealistic worse bullish prediction.
For this one, the author might only say $100k this year didn't happen but a year or after many months it became true, and that will validate his prediction lol.
legendary
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Yes it’s possible. His prediction isn’t as bad as others which were predicting $250 K in 60 days when we were trading in the $60K zone.

1 year is a long time. We can have a recession, Bitcoin can break $28K and head to. $20K and reverse and in  a few short months can break the $69K ATH and head to $100K.

Lately all bear markets whether for crypto or stocks are very short. So it’s possible.
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The continuous increase in the price of bitcoin was essential one for this.Now the people investing was reduced due to the economic crisis,or else it may reached 70k dollars already.Many people of various countries suffer a lot in inflation.The food value increase a lot.The price of food items which is essential to make the food was increased to higher prices.So food price increased huge.
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$100k within a year could happen. This is based on the ath of bitcoin that is being reached last year. The price started to reach ath in an unexpected time period and everything happened within a very short time period. Considering such growth pattern reaching $100k is possible, but the market need to be supportive. For now it looks like the market is in a stabilized move. So, it looks like we'll experience slow and steady growth till the year end.
sr. member
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Isn't it scary when most of them are bullish? Well, I've been part of the bullish people and will still be but when news like this comes out most of the time.
There's nothing new when they're telling the same thing. I guess we'll keep on seeing CEOs predicting the same price of bitcoin until it reaches it finally.
Most people think that Bitcoin is like a bubble that's why they keep thinking or hoping that it would be bullish but they never understand the cause and effect after the bull run in a long period of time. We're just so lucky that Bitcoin isn't moving that way but to most altcoins it does happen. And making such prediction or believing that someone could just predict the way they want to as if their prediction matters. In the long run their prediction will just be forgotten as if they never existed so stay focused on reading the chart and do your own thing to make a prediction and stop believing to these so-called experts.
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Isn't it scary when most of them are bullish? Well, I've been part of the bullish people and will still be but when news like this comes out most of the time.
There's nothing new when they're telling the same thing. I guess we'll keep on seeing CEOs predicting the same price of bitcoin until it reaches it finally.
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I hope people won't believe take this prediction of the CEO of crypto lending firm Nexo seriously because it is something we have seen countless times before when people make a market prediction on their own beliefs which didn't play any significant role in the Bitcoin market.
Bitcoin will reach a $100K price but it is too early now.
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Most of such predictions are meant for new and young investors that could be caught on bulltrap. I dont doubt anything in crypto but prediction with time frame is not always wise. I will also welcome analysis of the market and comparing with previous occurrence but we cant rule out changes in market response as the market is growing. We need to consider the influence of whales in this market and the way they are holding the coin
legendary
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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.
Just another day Just another prediction that we are seeing and its not something new.Some do even reach out unrealistic numbers and some are good to consider but in overall everything would really be that unpredictable and this is should how people do really mind off about their investment that there's no assurance on when we do hit another All time highs and with this random market then its really that hard.
No matter how popular or known person or institution would be saying those numbers, it wont really be that much different into those ordinary traders/investors in the market
when it comes to price calls.
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Many already believes on this and seriously they are just saying the same thing and this is not a new thread because someone already post a topic like this. Bitcoin is unpredictable, the price can pump easily and it can also dump without any support level, the risk is still here but if you do believe in long term holding then you might be able to witness that price with a huge amount of Bitcoin holdings, just be more patient.
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Nexo is high on bitcoin that is for sure. I keep getting emails from them and I am not even sure if I know what they are. They must be pretty hyped to email me daily, god knows when I checked it and gave them my mail, but they are hyped and think that they could make a ton of money based on the frequency of the mails I got.

Being a bitcoin maximalist is not really that bad, it is quite good actually and could be giving people a good return during bull periods. But, it is better to be realistic when you are talking about bitcoin. Like for example 100k is not unrealistic, but it is not probable neither, would I invest into bitcoin thinking it will go up? Not only I would, but I also do that. But would I expect it to do 100k in a year? I am not entirely sure.
legendary
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Bitcoin could hit $100,000 within a year, the CEO of crypto lending firm Nexo has predicted.

Since his business works with crypto, it's part of the job description to convince people that crypto has a good future.
Making price predictions is one such move. The prediction has 0 value because it's a prediction and the bigger/more interesting the price published, the better chances newspapers will talk about that, also indirectly advertising his company. It's a win-win situation by just telling a number.

So it's a biased prediction with absolutely no value. Sorry.
Agreed, this is like an owner of a company that sells precious metals saying to you that gold will go up in price during the short term, of course they are going to tell you that because they want you to buy their gold and take your money, so when there is such an obvious conflict of interests then it is better to not listen to those predictions, could bitcoin reach that price? Absolutely, but if it does it would be because of its own market dynamics and not because a CEO made a prediction.
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So  another 100 thousand thread? have you checked how many same topics created over 2021 till now?if you are not  aware you can check it yourself and find out how many of them.
but yet Speculative and nothing to be certain so if i were you? try not to trust those predictions that much but of course confidently invest in bitcoin as there are assurance of making profit in long term holding.
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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.
legendary
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Bitcoin could hit $100,000 within a year, the CEO of crypto lending firm Nexo has predicted.

Since his business works with crypto, it's part of the job description to convince people that crypto has a good future.
Making price predictions is one such move. The prediction has 0 value because it's a prediction and the bigger/more interesting the price published, the better chances newspapers will talk about that, also indirectly advertising his company. It's a win-win situation by just telling a number.

So it's a biased prediction with absolutely no value. Sorry.
mk4
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Nothing to see here bros — just another one out of thousands of price "predictions" that's going to end up being freakishly wrong regardless if in the upside or downside.
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Bitcoin could hit $100,000 within a year, the CEO of crypto lending firm Nexo has predicted.

Antoni Trenchev told CNBC he thinks the world's biggest cryptocurrency can surge above $100,000 "within 12 months."


He said he's "worried" about bitcoin's short-term prospects, suggesting it may fall in tandem with traditional financial markets as the Federal Reserve starts unwinding its massive monetary stimulus program.

But that may, in turn, "give further impetus to crypto," he added, as a "crash" in stocks would likely mean the U.S. central bank eventually goes "back to easing in no time."

If Trenchev's forecast is correct, that would mean bitcoin's price would have to more than double this year.

For what it's worth, in January 2020 Trenchev predicted bitcoin's price would top $50,000 by the end of that year. "Everybody was laughing me out," he says.

Trenchev's 2020 prediction didn't come true. Bitcoin only managed to hit a high of just over $29,000 that year. But the cryptocurrency did eventually surpass that $50,000 in February 2021.

More Details: https://www.google.com/amp/s/www.cnbc.com/amp/2022/04/14/bitcoin-btc-price-could-hit-100000-within-a-year-crypto-ceo.html


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