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Topic: Bitcoin on its way to $100000?! - page 7. (Read 1224 times)

legendary
Activity: 3472
Merit: 10611
February 03, 2022, 03:04:19 AM
#32
We had a big drop and price remained very low in $30k range that scared a lot of people (who are not buying back yet) but we never had a down "trend". We only had the big drop in a very short time. This is why I still think the bull market hasn't ended and the charts show the strong buy support is still there while a lot of money is waiting on the side lines to jump back in when they get the positive signal.

I don't think it would take until $50k+ (your blue line) for it to happen, all it would take is breaking $40k (closer to your yellow line) and price can start shooting up from there starting the $100k journey and beyond to $400k.
hero member
Activity: 1498
Merit: 711
Enjoy 500% bonus + 70 FS
February 03, 2022, 02:49:57 AM
#31
It's possible and I believe that bitcoin will reach that price, it's on the way but the problem is there's no time frame when that will happen.
Maybe when there's a bitcoin next halving the usually bitcoin price goes up after that event. But as of now, I can't tell much because it's unclear direction which is there's no technical analysis alone can predict the market.
Yes it possible for Bitcoin to possessed the height of hundred thousand (100k), but from your observations through the chart, do you think its something that we can realize this year or meet up, we have to know that the essence of bitcoin to get increased is determined by the strong bond of demands and supply, and what really affects this, is informations that is not cogent, a negative news from potential countries really affects market structure of bitcoin, actually we can experience a high increment of bitcoin and especially reaching to hundred thousand by endings of 2022 getting into 2023, i know vividly that bitcoin predictions never be accurate, but from chart you have to understand the preamble of it's future.
legendary
Activity: 3262
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
February 02, 2022, 10:42:16 PM
#30
Maybe, maybe not. Will we be there to witness it? Who knows?
We reached 60k by means of rich people investing in Bitcoin so it's obvious the market could sway on a higher position if we have more investors even small ones. All we could do is spread the gospel about it.
We might've reached it if not for a lot of altcoins that are being created that divided the money all over different places. Imagine if all of that money went to Bitcoin and just one competition.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
February 02, 2022, 10:32:06 PM
#29
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

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?
Actually i am a believer that Bitcoin will be taking bitcoin to 100k or even a million , but what I am asking is when , so your indicator makes me confused on when this be happen and how? because the support for now are still slower compared to what 2021 brings us.

seemingly that bitcoin is still on low growth in the next months or even this whole year so best to judge the market depend on your capacity to risk and to invest.
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
February 02, 2022, 12:53:09 PM
#28
if you look at it since the first Bitcoin price has always been able to recover and reach new highs, I believe that.
The price of 100k has been predicted a lot since a few months ago but it never came, on the contrary we continue to be in a bear market for now, and we don't know for sure how long the downward trend in the market like today will continue even though there is an increase in the price of Bitcoin. in the last few days which was able to rise to the price of 38k I don't think it can be said that the bear market has passed.
New ATH will definitely come, but don't know when it will happen, sooner or later. we just wait.
Just because it was predicted before and failed does it mean it will fail again this time because maybe this time is different and it does not look normal if we will stay the same and we wont saw an improvement because the time is moving forward and there are good things that happened already like btc adoption.

I think this downtrend will be over soon because we have been on this for such a long time and an increase in the price of bitcoin is a good sign that we are going to take off soon. We do not know when the ATH will happen therefore it is best if we can prepare now by buying so that we wont get surprised and experience a regret.
hero member
Activity: 1498
Merit: 801
Leading Crypto Sports Betting & Casino Platform
February 02, 2022, 11:29:42 AM
#27
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

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?
There is a possibility that bitcoin will reach $100k, if you look at the development of bitcoin in the previous year, the correction phase will usually make bitcoin stronger than the previous price, even reaching a new ATH in 2021, but if you look further, this possibility cannot be achieved in 2021. this, considering the market is back on the red track for such a long time,
sr. member
Activity: 2506
Merit: 368
February 02, 2022, 10:43:19 AM
#26
bitcoin can achieve that but it's too early to conclude for this year ,actually just last year bitcoin hit a new ATH and I don't expect more to 100K for this year because 70K last I think looks good ,bearish moment continues at least until the end of this quarter just say

70k is also high i think, it will need a massive pump and a massive good news to reach that price this year, we reached 2 times all time high last year and it never happen in the history before if we want to reach another high this year. So i think we should just hold our coin this year and load up some more with free money ofcourse.
I would not surprice is there is another dump in the further this year because it's a buying year
I think it takes three months before the Bitcoin price made another new ATH after its correction last year when the price is on $28k. So I think February or March will be the month for Bitcoin if it follow the same pattern but we really need a massive pump and good news like a new institutional investors join and invest in Bitcoin that would create a FOMO.

The question now is, will it ever pump again or it's just going to bear market? Does the FUD is not enough yet to make the market dump more or it will go the other way around?
sr. member
Activity: 1022
Merit: 252
February 02, 2022, 09:50:50 AM
#25
bitcoin can achieve that but it's too early to conclude for this year ,actually just last year bitcoin hit a new ATH and I don't expect more to 100K for this year because 70K last I think looks good ,bearish moment continues at least until the end of this quarter just say

70k is also high i think, it will need a massive pump and a massive good news to reach that price this year, we reached 2 times all time high last year and it never happen in the history before if we want to reach another high this year. So i think we should just hold our coin this year and load up some more with free money ofcourse.
I would not surprice is there is another dump in the further this year because it's a buying year
hero member
Activity: 2030
Merit: 578
No God or Kings, only BITCOIN.
February 02, 2022, 08:33:19 AM
#24
To be frank those images you sent above aren't telling much unless for me or others that may find it vague. The first image doesn't indicate that it already holds the red line, we may see a monthly red candle
once again then holds it or if it goes green then I'd say we may past it.

I think the sentiment was still the $100k Bitcoin price and would hodl until I see it as well. WAGMI
That’s correct. It doesn’t tell much. Until BTC breaks the blue line, we are in a bear market (for me)
https://de.tradingview.com/x/YFvUV6bM
A monthly close under the red line isn’t a good sign.
I think if it will have a long monthly green candle and breaks that blue line, looks like FOMO will kick in once again. Still on the sideline but been DCA these past days tbh.

In the last two weeks,the BTC price dropped to 34K and many forum members were asking "Where is the price bottom?Will the price drop to 30K or 20K?"
Now,the Bitcoin price went up from 34K to 39K and forum members like the OP are asking "Will the Bitcoin price go to 100K?" The psychology and mentality of the average Bitcoin trader/investor is so funny. Grin
Nobody knows when the BTC price will hit 100K and will it be able to hit 100K some day.Maybe yes,or maybe no.I'm expecting another price drop in February and/or March,but I'm pretty positive about the spring.
Never gets old but we can't control these thoughts as much as the market. It's funny to think but we've seen these kind of threads way before but look at where we are now, we're above the 2017 ATH and I wouldn't be surprised if we see similar thread once again when we're above the 2021 ATH.
hero member
Activity: 3150
Merit: 937
February 02, 2022, 06:38:17 AM
#23
In the last two weeks,the BTC price dropped to 34K and many forum members were asking "Where is the price bottom?Will the price drop to 30K or 20K?"
Now,the Bitcoin price went up from 34K to 39K and forum members like the OP are asking "Will the Bitcoin price go to 100K?" The psychology and mentality of the average Bitcoin trader/investor is so funny. Grin
Nobody knows when the BTC price will hit 100K and will it be able to hit 100K some day.Maybe yes,or maybe no.I'm expecting another price drop in February and/or March,but I'm pretty positive about the spring.

jr. member
Activity: 42
Merit: 27
February 02, 2022, 04:02:49 AM
#22
To be frank those images you sent above aren't telling much unless for me or others that may find it vague. The first image doesn't indicate that it already holds the red line, we may see a monthly red candle
once again then holds it or if it goes green then I'd say we may past it.

I think the sentiment was still the $100k Bitcoin price and would hodl until I see it as well. WAGMI

That’s correct. It doesn’t tell much. Until BTC breaks the blue line, we are in a bear market (for me)
https://de.tradingview.com/x/YFvUV6bM
A monthly close under the red line isn’t a good sign.
hero member
Activity: 2030
Merit: 578
No God or Kings, only BITCOIN.
February 02, 2022, 03:51:30 AM
#21
To be frank those images you sent above aren't telling much unless for me or others that may find it vague. The first image doesn't indicate that it already holds the red line, we may see a monthly red candle
once again then holds it or if it goes green then I'd say we may past it.

I think the sentiment was still the $100k Bitcoin price and would hodl until I see it as well. WAGMI
member
Activity: 658
Merit: 11
CRYPTO WEB3 NEOBANK
February 01, 2022, 11:36:23 PM
#20
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

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?
if you look at it since the first Bitcoin price has always been able to recover and reach new highs, I believe that.
The price of 100k has been predicted a lot since a few months ago but it never came, on the contrary we continue to be in a bear market for now, and we don't know for sure how long the downward trend in the market like today will continue even though there is an increase in the price of Bitcoin. in the last few days which was able to rise to the price of 38k I don't think it can be said that the bear market has passed.
New ATH will definitely come, but don't know when it will happen, sooner or later. we just wait.
full member
Activity: 686
Merit: 100
February 01, 2022, 08:30:04 PM
#19
One day the value of bitcoin price will definitely touch $100k but not this year maybe.
With this decline, we can also learn many things and we also can't easily predict the price of bitcoin to be able to soar immediately.
Because we also know that all this time we use bitcoin for the long term and maybe even forever, sometimes there are predictions that we can't believe too.
Even if bitcoin is expected to recover, of course it will also take time to rise gradually.
sr. member
Activity: 1330
Merit: 289
February 01, 2022, 06:49:18 PM
#18
bitcoin can achieve that but it's too early to conclude for this year ,actually just last year bitcoin hit a new ATH and I don't expect more to 100K for this year because 70K last I think looks good ,bearish moment continues at least until the end of this quarter just say
From the am seeing Bitcoin this year bitcoin will find it very hard to reach 100k this year, from the starting of 2022 and ending of December 2021 the price of bitcoin has been shaking from one way to the other, i don't believe that the price will fall back to 40k to 37k all this was not my expectations for Bitcoin thiy year, we are into bearish but no one can tell when we are going out of bearish, their is thread i came across that analysis the price regulations of bitcoin through chat and years of accumulation and downfall, click to see @ ImThour { https://bitcointalksearch.org/topic/m.59133230
hero member
Activity: 2156
Merit: 531
February 01, 2022, 05:59:10 PM
#17
bitcoin can achieve that but it's too early to conclude for this year ,actually just last year bitcoin hit a new ATH and I don't expect more to 100K for this year because 70K last I think looks good ,bearish moment continues at least until the end of this quarter just say
legendary
Activity: 2534
Merit: 1338
February 01, 2022, 03:35:20 PM
#16
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

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?
You do not really give a time frame in which this is to happen, do I think that the price of bitcoin will at some point in the future reach 6 figures? Of course, but when will this happen? That is the real question and since you do not really give us the time in which you think this would happen it cannot be called a prediction, after all it would be difficult to reach that price since now people are afraid to see a further decrease in the price, and this is not really conductive to reach a new ATH at the moment.
legendary
Activity: 1596
Merit: 1288
February 01, 2022, 02:45:01 PM
#15
You give a small hint, but the answers to the following questions are the necessary variables. What will it be? What will ATH be? Correction amount? -82%,-92%,-72% And quick correction? Or it will be slowly.

We have already experienced a 50% retracement, so 70k probably won't be ATH of this year. Previous corrections were very sharp and therefore we will see prices like 120k for short periods followed by a big correction in the price.

If we do not reach that price before the end of the year, all previous models will be useless in the future.
sr. member
Activity: 2366
Merit: 448
Enjoy 500% bonus + 70 FS
February 01, 2022, 12:08:26 PM
#14
Bitcoin price will definitely reach that price even more and only time will tell, I think bitcoin price is not easy to predict and all we have to know is bitcoin price will definitely go up after going through some declines.
I don't really believe in predictions and even though they are expert predictions because sometimes they miss because we will never know what will happen on the way because there are always things that happen unexpectedly that make predictions go wrong.
because I think bitcoin is for long term and also to be held indefinitely which is not affected by prediction.
hero member
Activity: 2660
Merit: 551
February 01, 2022, 08:01:33 AM
#13
If I look at your metrics and indicators chart, it looks like the correction phase in bitcoin has almost reached the end of the correction. the bitcoin price has the potential to head towards $100k this year. However, for now, it's better not to open a position first because the price of bitcoin is still worrying, but if you want to open a position, keep money management to minimize risk.

We just started the year, it's early to say that the correction has subside, personally I think the price will still go lower.

Same thing with $100k, it could be a hit or miss, remember there was one known model who predicts that bitcoin will hit $100k in 2021, December to be exact. And it seems the model predicts it almost perfectly until November. However, when December comes it's a different story. So what does it tells us? don't really on TA or those indicators.
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