Bitcoin not yet at $100k, why? | Bitcointalksearch.org

Roidz

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Quote from: Ngemmeng on May 15, 2021, 05:42:28 PM

Quote from: Nightz on May 09, 2021, 06:30:26 PM

Huh? I am confident that Bitcoin will reach $100k one day. I wouldn't even doubt that at all, but it may take some time. Could also happen this year, we aren't far from $100k.

impossible this year the price of bitcoin will reach $ 100k, now the price of bitcoin continues to decline. looks like bitcoin has passed the peak and I think the price decline will continue. waiting for the next ATH Wink

I am also starting to have a little doubt if bitcoin can reach the price of $100k this year, because some time ago the price of bitcoin has plunged from $64k to only around $48k, but even so I believe if there will be positive news that hits bitcoin in the market of course the price of bitcoin will go up again, and I think the current price of $48k is becoming a thick wall and difficult for bitcoin to break in the near future, but if bitcoin can pass the $50k resistance and go up to $ 55k, then be prepared if bitcoin will create another new record high price.

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People were too bullish so the market needed to wipe out some leveraged longs. This needs to happen as markets rise. It has the added bonus of showing irrational investors that they can’t just 75x leverage long an asset and get rich. Everyone would have Diamond hands if it was easy. Sometimes not taking shortcuts and stacking sats while ignoring the noise is the way to go…

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Quote from: Nightz on May 09, 2021, 06:30:26 PM

Huh? I am confident that Bitcoin will reach $100k one day. I wouldn't even doubt that at all, but it may take some time. Could also happen this year, we aren't far from $100k.

impossible this year the price of bitcoin will reach $ 100k, now the price of bitcoin continues to decline. looks like bitcoin has passed the peak and I think the price decline will continue. waiting for the next ATH Wink

TheEconomists

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Quote from: Rruchi man on May 01, 2021, 06:10:41 PM

At this start of this year, there was a lot of hype about how high the price of bitcoin will get, some speculated that btc will set a new ATH of $100k before the first half of the year is over, others before the first quarter of the year.
This However has not been the case. We just passed the first quarter of the year and btc has not even gotten to $70k yet. Do you still think $100k is still possible before the first half of the year?

Forget about all those acclaimed crypto currency experts who are only good in fouls speculation about Bitcoin market price of which they them self do not have power to influence the market. They are all good in FUD and nothing else.

Nightz

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Quote from: rahmatrf331 on May 15, 2021, 09:50:59 AM

Quote from: chikading2016 on May 14, 2021, 09:12:02 PM

Quote from: Rruchi man on May 01, 2021, 06:10:41 PM

At this start of this year, there was a lot of hype about how high the price of bitcoin will get, some speculated that btc will set a new ATH of $100k before the first half of the year is over, others before the first quarter of the year.
This However has not been the case. We just passed the first quarter of the year and btc has not even gotten to $70k yet. Do you still think $100k is still possible before the first half of the year?

Bitcoin is not yet at the price of 100k$ because not all of the people around are buyers, some people who bought bitcoin last year 2018 to 2020 maybe sell thier bitcoin beause they are now at the big profit, we have different reason why we invest in bitcoin. Some people hold and some people sell and the price depend on the amount that is in buy and selling on the market that is why 100k$ Well maybe reach but i dont know when.

talk when bitcoin reaches $ 100,000 percoin, I'd rather hear if bitcoin can survive the current price or the equivalent of $ 52,000? because I think to reach above $ 50,000 is not a day or a month. This year, bitcoin has gone up by a month, so to get to $ 100,000 you have to wait for the next year.

And whoever claims to know when Bitcoin will reach $100 k is just not serious in his mind. TA experts may come around and tell you when Bitcoin hits $100 k. Wink

rahmatrf331

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Quote from: chikading2016 on May 14, 2021, 09:12:02 PM

Quote from: Rruchi man on May 01, 2021, 06:10:41 PM

At this start of this year, there was a lot of hype about how high the price of bitcoin will get, some speculated that btc will set a new ATH of $100k before the first half of the year is over, others before the first quarter of the year.
This However has not been the case. We just passed the first quarter of the year and btc has not even gotten to $70k yet. Do you still think $100k is still possible before the first half of the year?

Bitcoin is not yet at the price of 100k$ because not all of the people around are buyers, some people who bought bitcoin last year 2018 to 2020 maybe sell thier bitcoin beause they are now at the big profit, we have different reason why we invest in bitcoin. Some people hold and some people sell and the price depend on the amount that is in buy and selling on the market that is why 100k$ Well maybe reach but i dont know when.

talk when bitcoin reaches $ 100,000 percoin, I'd rather hear if bitcoin can survive the current price or the equivalent of $ 52,000? because I think to reach above $ 50,000 is not a day or a month. This year, bitcoin has gone up by a month, so to get to $ 100,000 you have to wait for the next year.

iso3789

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Quote from: mk4 on May 01, 2021, 09:48:18 PM

There's a reason why a lot of people here are against listening to "price predictions" but instead, what we heavily recommend is to remain patient and let the markets do it's job.

Yes man, the market do it's job,

but it's hard to see that this market is driven by twitter post's of a few people who entered the market with big money and influence not so long ago.
We have to take power back to this forum to enable new people a secure entry in this high priced market.

cheers

buwaytress

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Quote from: Kong Hey Pakboy on May 15, 2021, 12:41:34 AM

Maybe because there are still about 50k USD that the market has to go through before getting in and there has been some bad news lately that got interpreted worst than it should have been and now the prices has to recover back up. And also, why do you want it to move that fast? There's still 7 moths left for that to happen so don't think about it and also this purgatory in prices is a good opportunity to buy bitcoin because if it really goes up then you will be missing a lot not buying amd accumulating right now.

Still a reverse reasoning if you're transfixed to demand meeting market expectations. I think the only justifications for 100k at the moment are supply ratio to flow... Dare I say that s2f model being harped around.

And that actually is pretty much still on track. Doesn't mean it always has to be on track. Return to the mean should ensue once we get past this period of panic.

Kong Hey Pakboy

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Maybe because there are still about 50k USD that the market has to go through before getting in and there has been some bad news lately that got interpreted worst than it should have been and now the prices has to recover back up. And also, why do you want it to move that fast? There's still 7 moths left for that to happen so don't think about it and also this purgatory in prices is a good opportunity to buy bitcoin because if it really goes up then you will be missing a lot not buying amd accumulating right now.

mrjoy15

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Quote from: chikading2016 on May 14, 2021, 09:12:02 PM

Quote from: Rruchi man on May 01, 2021, 06:10:41 PM

At this start of this year, there was a lot of hype about how high the price of bitcoin will get, some speculated that btc will set a new ATH of $100k before the first half of the year is over, others before the first quarter of the year.
This However has not been the case. We just passed the first quarter of the year and btc has not even gotten to $70k yet. Do you still think $100k is still possible before the first half of the year?

Bitcoin is not yet at the price of 100k$ because not all of the people around are buyers, some people who bought bitcoin last year 2018 to 2020 maybe sell thier bitcoin beause they are now at the big profit, we have different reason why we invest in bitcoin. Some people hold and some people sell and the price depend on the amount that is in buy and selling on the market that is why 100k$ Well maybe reach but i dont know when.

How would Bitcoin take off another milestone if market manipulator play with Bitcoin. Would you thank him for the break in price to accumulate more for less? Partially yes but how long Bitcoin can survive without any support. As a supporters positive think is Eth back in the day, the cycle continues. Bitcoin survive between $48k-$50k, so Bitcoin supporters move their money to Eth. Hopefully market will come back soon and BTC hit new ath.

chikading2016

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Quote from: Rruchi man on May 01, 2021, 06:10:41 PM

At this start of this year, there was a lot of hype about how high the price of bitcoin will get, some speculated that btc will set a new ATH of $100k before the first half of the year is over, others before the first quarter of the year.
This However has not been the case. We just passed the first quarter of the year and btc has not even gotten to $70k yet. Do you still think $100k is still possible before the first half of the year?

Bitcoin is not yet at the price of 100k$ because not all of the people around are buyers, some people who bought bitcoin last year 2018 to 2020 maybe sell thier bitcoin beause they are now at the big profit, we have different reason why we invest in bitcoin. Some people hold and some people sell and the price depend on the amount that is in buy and selling on the market that is why 100k$ Well maybe reach but i dont know when.

Nightz

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Quote from: jossiel on May 10, 2021, 03:25:04 PM

Quote from: Nightz on May 09, 2021, 06:30:26 PM

Quote from: proudhon on May 04, 2021, 02:52:35 PM

Quote from: Rruchi man on May 01, 2021, 06:10:41 PM

Do you still think $100k is still possible before the first half of the year?

It's not a matter of thinking/opinion. Bitcoin cannot reach $100k this year or any year.

Huh? I am confident that Bitcoin will reach $100k one day. I wouldn't even doubt that at all, but it may take some time. Could also happen this year, we aren't far from $100k.

It is ok if there are people that don't think that bitcoin won't reach $100k for this year.

We have our own opinions and we're entitled for it to tell it to the public. And there's no need to debate with those that don't believe that it will happen and just let them believe what they want to believe.

While us, we're counting on it and hopeful that it might happen this year.

Quite obvious there are lots of people who think we are not going to $100k very soon and where can we see that? On exchanges of course. Most of those who sell have there reasons, some need liquidity and some just think that Bitcoin has grown enough for now and get rid of it. Some of them only temporarily and some of them think that's it we are done.

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Quote from: Rruchi man on May 01, 2021, 06:10:41 PM

At this start of this year, there was a lot of hype about how high the price of bitcoin will get, some speculated that btc will set a new ATH of $100k before the first half of the year is over, others before the first quarter of the year.
This However has not been the case. We just passed the first quarter of the year and btc has not even gotten to $70k yet. Do you still think $100k is still possible before the first half of the year?

With Tesla breaking out the Bitcoin network and with the tweet from Troll Elon Musk? maybe we will not seeing this 100k sooner because of this sad news.
We Knew how Elon shaking this market and now that he mentioned about trying to look for another coin instead of Bitcoin? this will effect the movement of the said coin.
I'm not losing hope actually so lets stay strong .

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Quote from: datguyian on May 14, 2021, 07:13:10 AM

Quote from: Desscount on May 12, 2021, 03:03:51 PM

Quote from: Nightz on May 09, 2021, 06:30:26 PM

Quote from: proudhon on May 04, 2021, 02:52:35 PM

Quote from: Rruchi man on May 01, 2021, 06:10:41 PM

Do you still think $100k is still possible before the first half of the year?

It's not a matter of thinking/opinion. Bitcoin cannot reach $100k this year or any year.

Huh? I am confident that Bitcoin will reach $100k one day. I wouldn't even doubt that at all, but it may take some time. Could also happen this year, we aren't far from $100k.

$ 100k is not resistance mate, $ 100k is psychology of resistance which means that only people who hold bitcoin want it,
if on TA $ 100k is the thing to achieve this year, but it certainly won't be easy because the whales will be playing tricks on the price,
whether it can be in this year or maybe it will be in the year of the next bull.

And nobody knows what the year of the next bull run could be. There are theories going around that the time spans between different bull runs will be shorter and shorter but I don't know what the reason for that should be. It is also possible that we have to wait three or four years for the next one.

Mostly bull run triggers after halving so expect thag we can experience this again once this event happen again so maybe lets speculate and be prepared for it in next following years since for sure if we start to accumalate at bear season we will earn a decent amount of cash for hodling, Maybe from that we can also the price reached at $100,000.

datguyian

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Quote from: Desscount on May 12, 2021, 03:03:51 PM

Quote from: Nightz on May 09, 2021, 06:30:26 PM

Quote from: proudhon on May 04, 2021, 02:52:35 PM

Quote from: Rruchi man on May 01, 2021, 06:10:41 PM

Do you still think $100k is still possible before the first half of the year?

It's not a matter of thinking/opinion. Bitcoin cannot reach $100k this year or any year.

Huh? I am confident that Bitcoin will reach $100k one day. I wouldn't even doubt that at all, but it may take some time. Could also happen this year, we aren't far from $100k.

$ 100k is not resistance mate, $ 100k is psychology of resistance which means that only people who hold bitcoin want it,
if on TA $ 100k is the thing to achieve this year, but it certainly won't be easy because the whales will be playing tricks on the price,
whether it can be in this year or maybe it will be in the year of the next bull.

And nobody knows what the year of the next bull run could be. There are theories going around that the time spans between different bull runs will be shorter and shorter but I don't know what the reason for that should be. It is also possible that we have to wait three or four years for the next one.

LUCKMCFLY

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At this time for the BTC market, influencers have been very induced, and obviously Elon Musk is an influencer, only 1 Tweet has caused a stir, since BTC has fallen by 10%, in addition to the news that Binance will be under investigation has caused some panic in some, and this has partly influenced the market, in the short-term analysis of Cointelegraph they show:

Quote

However, it may not be a straight dash lower as the bulls will try to stall the decline at $42,500 and then $40,000.

Contrary to this assumption, if the bulls sustain the price above $46,985, the BTC/USDT pair could rally to $52,323,21 where the bears are again likely to mount a stiff resistance.

Source: https://cointelegraph.com/news/price-analysis-5-13-btc-eth-bnb-ada-doge-xrp-dot-bch-ltc-uni

This type of short-term scenario makes BTC retrace its path to $100k, but the important thing about this is that by overcoming all these barriers, there will be no more impediment, this year it is likely that we will see $100k in BTC, it only remains Expect these normal little market storms and be overcome.

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Quote from: Desscount on May 12, 2021, 03:03:51 PM

Quote from: Nightz on May 09, 2021, 06:30:26 PM

Quote from: proudhon on May 04, 2021, 02:52:35 PM

Quote from: Rruchi man on May 01, 2021, 06:10:41 PM

Do you still think $100k is still possible before the first half of the year?

It's not a matter of thinking/opinion. Bitcoin cannot reach $100k this year or any year.

Huh? I am confident that Bitcoin will reach $100k one day. I wouldn't even doubt that at all, but it may take some time. Could also happen this year, we aren't far from $100k.

$ 100k is not resistance mate, $ 100k is psychology of resistance which means that only people who hold bitcoin want it,
if on TA $ 100k is the thing to achieve this year, but it certainly won't be easy because the whales will be playing tricks on the price,
whether it can be in this year or maybe it will be in the year of the next bull.

I agree on that everything is only an speculation, and many people wanted to see bitcoin in 100k$ that is why they keep on speculating that bitcoin rise up to 100k$ but to be clear we can never really know what exact time it will reach 100k$ only the markets can tell about the price soon not the speculations.

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Quote from: Nightz on May 09, 2021, 06:30:26 PM

Quote from: proudhon on May 04, 2021, 02:52:35 PM

Quote from: Rruchi man on May 01, 2021, 06:10:41 PM

Do you still think $100k is still possible before the first half of the year?

It's not a matter of thinking/opinion. Bitcoin cannot reach $100k this year or any year.

Huh? I am confident that Bitcoin will reach $100k one day. I wouldn't even doubt that at all, but it may take some time. Could also happen this year, we aren't far from $100k.

$ 100k is not resistance mate, $ 100k is psychology of resistance which means that only people who hold bitcoin want it,
if on TA $ 100k is the thing to achieve this year, but it certainly won't be easy because the whales will be playing tricks on the price,
whether it can be in this year or maybe it will be in the year of the next bull.

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Quote from: Nightz on May 09, 2021, 06:30:26 PM

Quote from: proudhon on May 04, 2021, 02:52:35 PM

Quote from: Rruchi man on May 01, 2021, 06:10:41 PM

Do you still think $100k is still possible before the first half of the year?

It's not a matter of thinking/opinion. Bitcoin cannot reach $100k this year or any year.

Huh? I am confident that Bitcoin will reach $100k one day. I wouldn't even doubt that at all, but it may take some time. Could also happen this year, we aren't far from $100k.

It is ok if there are people that don't think that bitcoin won't reach $100k for this year.

We have our own opinions and we're entitled for it to tell it to the public. And there's no need to debate with those that don't believe that it will happen and just let them believe what they want to believe.

While us, we're counting on it and hopeful that it might happen this year.

Nightz

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Quote from: proudhon on May 04, 2021, 02:52:35 PM

Quote from: Rruchi man on May 01, 2021, 06:10:41 PM

Do you still think $100k is still possible before the first half of the year?

It's not a matter of thinking/opinion. Bitcoin cannot reach $100k this year or any year.

Huh? I am confident that Bitcoin will reach $100k one day. I wouldn't even doubt that at all, but it may take some time. Could also happen this year, we aren't far from $100k.

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