Bitcoin on its way to $100000?! - page 5.

buwaytress

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Quote from: pooya87 on February 04, 2022, 11:07:58 PM

And here we go again, the panic buying at its finest. It only took a couple of hours to go from $36k to $42k as they started to buy a little at first but that causes a ripple effect and suddenly we have a big green candle on the charts where we are now seeing $40k+ prices. Just like that.

Today could be interesting, I'm curious whether the panic buying is going to continue and we can see much higher prices (maybe break another resistance) or a slower rise to >$50k price.

Indeed. I've even started seeing chatter about the "healthy" growth (I've even seen the word "organic" now) of the past couple of days that proves the bears are all done. Ignoring that over 15% spike in a few hours is anything but healthy, and ignoring that demand is suddenly popping up from nowhere. It's always panic selling and stupid noobs when the market moves in the opposite direction but when we're in an uptick, everyone's a genius for rushing in.

Woke up to about 2% surge, so I suppose this is a relatively slow rise.

Sayeds56

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Quote from: kentrolla on February 06, 2022, 11:39:01 AM

If we consider last two days chart we can say that Bitcoin would rally towards $100k but if you look at last 2 months chart then it will drop. Now it's been two days since bitcoin has crossed $40k and if it sustains to stay over this mark for an extended period of time and rally towards $50k then we may consider bitcoin hinting a new ATH. But on the other hand if it stays around $40k and gradually reduces then we should be ready for one more bearish run.

Bitcoin is above 42K now and its going up gradually which is good for stability in market. I love to see organic growth in its price not parabolic which invites huge selling. The new weekly candle is green and hope it will close above 45K. many prominent analysts are predicting that if Bitcoin has to hit 100K in 2022 the we should see its price above 53K by the end of February, 2022. Let's watch and wait how Bitcoin plays out during this month.

pooya87

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Quote from: Poker Player on February 04, 2022, 11:29:44 PM

It is not clear to me why this rise has occurred, or if it is simply short-term volatility with no clear cause. I'm not bullish for this year after last year's unfulfilled expectations, although with Bitcoin you never know, with a few sessions up over 10% we'll be beating the ATH in no time.

It is actually very clear to me why it happened. It is also very simple. It is a reverse bubble popping. Just like bubbles when price crashes out of an unrealistically "high" price, in the reverse scenario price jumps up from an unrealistically "low" price. This is what happened here and we have to see a couple of other jumps before the reverse bubble is properly deflated.

Here is another reverse bubble example from 2020 and 2021 and 2018: https://bitcointalksearch.org/topic/reverse-bubble-2021-5339896

Wawa2013

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Quote from: kentrolla on February 06, 2022, 11:39:01 AM

If we consider last two days chart we can say that Bitcoin would rally towards $100k but if you look at last 2 months chart then it will drop. Now it's been two days since bitcoin has crossed $40k and if it sustains to stay over this mark for an extended period of time and rally towards $50k then we may consider bitcoin hinting a new ATH. But on the other hand if it stays around $40k and gradually reduces then we should be ready for one more bearish run.

It's still too early to conclude that Bitcoin will go towards a price of $100k, we really have to see the development of Bitcoin's price again.
There's still a lot of possibilities to come, so we have to stay alert, there's an increasing possibility now of manipulation from the whales.
So we will have to see the price movement of Bitcoin in at least the next few weeks, whether the Bitcoin price will continue to rise and reach
the price of $50k. If it turns out that Bitcoin manages to reach the price of $50k, it seems like a sign that Bitcoin prices are bullish again
and there is a possibility of reaching new ATH this year. But we must be optimistic that Bitcoin can reach a price of $100k this year, at least
it makes us more motivated to continue collecting Bitcoin.

kentrolla

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If we consider last two days chart we can say that Bitcoin would rally towards $100k but if you look at last 2 months chart then it will drop. Now it's been two days since bitcoin has crossed $40k and if it sustains to stay over this mark for an extended period of time and rally towards $50k then we may consider bitcoin hinting a new ATH. But on the other hand if it stays around $40k and gradually reduces then we should be ready for one more bearish run.

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Quote from: Tumanggor on February 05, 2022, 06:47:06 PM

Quote from: antmex on January 31, 2022, 02:56:38 PM

~

What do you think?

nowadays, Bitcoin goes to $100k more sense than Bitcoin goes to $10k

just watch when Bitcoin hit $31k, lots of people bought it and made the price go up again

now Bitcoin has become the most valuable asset (beyond gold) and has a maximalist who is ready to make the price of Bitcoin continue to rise when it drops Grin

I wouldn't say that, when bitcoin goes into a deep bear market, who knows maybe $10k is possible. But I do agree that it is one of the best assets, and I do hope that investors will see it that way even though it's a market that is very volatile and works in cycle (bear/bulls).

But I would say that $100k this year is near impossible, unless there is a surge of investments coming from different financial markets, like gold and stocks and even oil investors suddenly shifting their billions to bitcoin market.

STT

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BTC isnt going to make 100k this year, I said as much last year and I still think more work is there to do. The reason being in simple terms, the rise upto 100k should not be a perfectly straight ramp up but more of a spiral ascension.
Ironically the more bumps and levels we put into the price as we gain, the build is more structurally safer; the more likely we hold those levels long enough that all and any can benefit from that appreciation in BTC worth. A fast rise up excludes too many people and it actually does harm not to halt on the way as it also means a fall back down is far more able then is best for long term stability and confidence; in short 100k in 2022 would not be healthy imo.

Also you could relate it to Dollar which has only just topped out in its trend, to see a far higher peak in BTC expect that DXY trend to be at its diametric opposite making a trend low on multi year measures.

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Quote from: antmex on January 31, 2022, 02:56:38 PM

Hey guys, will Bitcoin go to $100k?
On my opinion yes.
I was looking at my indicator on monthly basis. Every time bitcoim holds the red line, it raises to new ATH.
https://de.tradingview.com/x/BYAvkZC8

We can just compare the past in today's situation and make it a basis to what possibly happens in the coming days, weeks, months, or years. The market eventually changes from time to time and that was difficult to predict what gonna happen.

Quote

Based on this, it can go to around $100k
https://de.tradingview.com/x/QVb7RifK
On the other hand, if BTC close under this red line it will go lower.

What do you think?

That never works in reality. We have to remember the volatility of the market and no one had ever seen which direction the market goes. I don't weigh that much but you can still make use of it for the analysis however, never expect that it will happen.

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Quote from: antmex on January 31, 2022, 02:56:38 PM

~

What do you think?

nowadays, Bitcoin goes to $100k more sense than Bitcoin goes to $10k

just watch when Bitcoin hit $31k, lots of people bought it and made the price go up again

now Bitcoin has become the most valuable asset (beyond gold) and has a maximalist who is ready to make the price of Bitcoin continue to rise when it drops Grin

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Quote from: kotajikikox on February 04, 2022, 10:30:04 PM

Isn't too Early to talk about this? we have discussed this more often last year when the Super Bull is there but does not enough to break so I think we must stop asking or seeking for this nowadays .
as the bear is covering the market? i believe that we should experience super bear first before this great climb.
lets see in 2022 or at least upto 2024 to find if this 6 digits value will be finally taken , as we are all praying for this to come.

The problem is that we do not really know, the positive movement that we have seen is great and all but it seems more like a positive correction more than anything, so I do not think we can conclude from it that the price will begin to go up as it did during the previous years, however even if that is not the case and the price remains close to the current levels for years that is not so bad at all, as that will be an incredible buying opportunity as I think that reaching 100k during the next bull run is a given.

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Quote from: pooya87 on February 04, 2022, 11:07:58 PM

a slower rise to >$50k price.

At least this will take place, i would rather choose to see a slower climb to 50k than a quicker pump and then dumping back that will cause us to be in bull trapping again . but yes the market seems to show us greening today and hope to have more in the following weeks.

______________________________________________________________

Either 100,000 or 50,000 it doesn't matter what we all wanted is to see a climb but constantly growth ? nope there is no such thing .

GeorgeJohn

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Quote from: kotajikikox on February 04, 2022, 10:30:04 PM

Isn't too Early to talk about this? we have discussed this more often last year when the Super Bull is there but does not enough to break so I think we must stop asking or seeking for this nowadays .
as the bear is covering the market? i believe that we should experience super bear first before this great climb.
lets see in 2022 or at least upto 2024 to find if this 6 digits value will be finally taken , as we are all praying for this to come.

The length am seeing this everyone is lamenting is a bull run, really bull run has taken place yesterday and today a little way, but let us not to be surprised that after this movement of increment can retrace again because the market will be stabilize, actually 2022 wants to began it's step increment, but I'm seeing it's too early, many of the coins currently are in green colouration.

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Quote from: jamkesmas on February 05, 2022, 02:55:37 AM

Quote from: kotajikikox on February 04, 2022, 10:30:04 PM

Isn't too Early to talk about this? we have discussed this more often last year when the Super Bull is there but does not enough to break so I think we must stop asking or seeking for this nowadays .
as the bear is covering the market? i believe that we should experience super bear first before this great climb.
lets see in 2022 or at least upto 2024 to find if this 6 digits value will be finally taken , as we are all praying for this to come.

yes i agree with you. too much to discuss bitcoin towards 100000 $. By looking at the current chart it seems a bit difficult to reach the value mentioned above. We often discuss the current bitcoin price, but for the discussion of 100k it is impossible for now, I think by looking at the 4 year cycle of btc, we should just wait in 2024, will it reach 100k.

Although I don't know why, but I'm quite happy to see bitcoin today experiencing a price increase and being able to break the $40K price resistance, the increase in bitcoin prices in the market made a number of altcoins also experience an increase and of course this is good news for those of us who enter when the price dips a few time ago.
If bitcoin can continue to maintain positive price movement as it is today, of course we don't have to wait for 2024 to see bitcoin reach $100K, positive price movement like now may be able to trigger bitcoin price to reach $100K later in this year, but with bitcoin terms are getting a strong boost in the market.

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Quote from: kotajikikox on February 04, 2022, 10:30:04 PM

Isn't too Early to talk about this? we have discussed this more often last year when the Super Bull is there but does not enough to break so I think we must stop asking or seeking for this nowadays .
as the bear is covering the market? i believe that we should experience super bear first before this great climb.
lets see in 2022 or at least upto 2024 to find if this 6 digits value will be finally taken , as we are all praying for this to come.

yes i agree with you. too much to discuss bitcoin towards 100000 $. By looking at the current chart it seems a bit difficult to reach the value mentioned above. We often discuss the current bitcoin price, but for the discussion of 100k it is impossible for now, I think by looking at the 4 year cycle of btc, we should just wait in 2024, will it reach 100k.

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Quote from: pooya87 on February 04, 2022, 11:07:58 PM

And here we go again, the panic buying at its finest. It only took a couple of hours to go from $36k to $42k as they started to buy a little at first but that causes a ripple effect and suddenly we have a big green candle on the charts where we are now seeing $40k+ prices. Just like that.

Today could be interesting, I'm curious whether the panic buying is going to continue and we can see much higher prices (maybe break another resistance) or a slower rise to >$50k price.

It is not clear to me why this rise has occurred, or if it is simply short-term volatility with no clear cause. I'm not bullish for this year after last year's unfulfilled expectations, although with Bitcoin you never know, with a few sessions up over 10% we'll be beating the ATH in no time.

pooya87

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And here we go again, the panic buying at its finest. It only took a couple of hours to go from $36k to $42k as they started to buy a little at first but that causes a ripple effect and suddenly we have a big green candle on the charts where we are now seeing $40k+ prices. Just like that.

Today could be interesting, I'm curious whether the panic buying is going to continue and we can see much higher prices (maybe break another resistance) or a slower rise to >$50k price.

kotajikikox

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Isn't too Early to talk about this? we have discussed this more often last year when the Super Bull is there but does not enough to break so I think we must stop asking or seeking for this nowadays .
as the bear is covering the market? i believe that we should experience super bear first before this great climb.
lets see in 2022 or at least upto 2024 to find if this 6 digits value will be finally taken , as we are all praying for this to come.

Chato1977

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Quote from: antmex on February 04, 2022, 02:00:06 AM

Bitcoin is still in a critical area. Maybe we see some sideway action next weeks but BTC have to break above 44160 which is (for me) the next resistance zone.
https://de.tradingview.com/x/vpTRFOcG

Let’s wait some more days…

an Hour after this post of yours? bitcoin made its climb and now showing strong movement at 41k and above https://coinmarketcap.com/currencies/bitcoin/ with 10% increase in the last 24 hours, showing the highest increase from December 2021 . so 100k? not now mate, there are so many obstacle that needs to be broken and the most special thing now is that war incoming in russian and ukraine territory .
so this maybe another Whales act of manipulation or this is the real thing .

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Quote from: aruldaroy on February 04, 2022, 08:14:16 PM

Quote from: $crypto$ on February 03, 2022, 01:32:20 PM

Why not? I guess $100k might get there.

There are many indicators applied but will it create a new sentiment? Considering the price of bitcoin is still not stable and from the downturn it is still a bad indicator and I think it will take a little while for bitcoin to recover.

One day the value of bitcoin will be high and we will feel how $100k will go.

It looks like the bitcoin price is starting to recover because I saw bitcoin's movement starting last night until today leading to bitcoin starting to reverse towards the $60k figure again, slowly rising until today it is at 41,550.24USDT and this is good news for us all.

That is good to see bitcoin finally back to $41k so our hope becomes bigger to see the price will still rise.
People are trying to buy back at this price and just hope they are not late to join with the train before the price moves better than before.
Achieving $100,000 is on the way but we should realize that will not happen in a short time because there will be many times for the price to have a correction in the journey.
So you can just wait and still try to buy back if you want or just sit and watch the price break the high price.

aruldaroy

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Quote from: $crypto$ on February 03, 2022, 01:32:20 PM

Why not? I guess $100k might get there.

There are many indicators applied but will it create a new sentiment? Considering the price of bitcoin is still not stable and from the downturn it is still a bad indicator and I think it will take a little while for bitcoin to recover.

One day the value of bitcoin will be high and we will feel how $100k will go.

It looks like the bitcoin price is starting to recover because I saw bitcoin's movement starting last night until today leading to bitcoin starting to reverse towards the $60k figure again, slowly rising until today it is at 41,550.24USDT and this is good news for us all.

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