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Topic: Bitcoin on its way to $100000?! - page 8. (Read 1224 times)

hero member
Activity: 1106
Merit: 527
February 01, 2022, 07:07:25 AM
#12
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.

But if you applied fundamental analysis, bitcoin will surely raise because there are too many investors that has believe in bitcoin investment.
hero member
Activity: 3038
Merit: 617
February 01, 2022, 06:25:13 AM
#11
I personally would watch the market. For me the next bullish entry is above the blue line. Whenever it close above, it’s in a bullish phase.
https://de.tradingview.com/x/NY0rQLvO

With the pattern I have looked, BTC is going more than 200K actually but it will be beyond 2023. Its inevitable that Bitcoin is going there. Its just a matter of time that we see 100k realized.

It is not however convincing how low the dip of Btcoin will go this year. The 38k pump this week still has given doubt to retail investors because of the unforseeable price in the bear trend.
jr. member
Activity: 42
Merit: 27
February 01, 2022, 06:04:32 AM
#10
Actually there's a lot of happenings last year mate and bitcoin almost break 70k level wherein reason most of the prediction when it comes bitcoin price afterwards is road 100k..but unfortunately this year obviously there's a big changes, so perhaps we must make adjustment as well because on this current situation 100k is really too far from that prediction.
Can you tell me the changes for this year? Fundamental changes?
sr. member
Activity: 2016
Merit: 283
February 01, 2022, 06:01:07 AM
#9
Actually there's a lot of happenings last year mate and bitcoin almost break 70k level wherein reason most of the prediction when it comes bitcoin price afterwards is road 100k..but unfortunately this year obviously there's a big changes, so perhaps we must make adjustment as well because on this current situation 100k is really too far from that prediction.
hero member
Activity: 2604
Merit: 816
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February 01, 2022, 05:38:32 AM
#8
I do not have the right answer but I believe that bitcoin is on its way to $100,000. Even if that will not happen this year, bitcoin can reach that in the next future. You can draw any line showing you the potential of bitcoin to hit that highest price but we do not know when that will happen and we can only hope that will happen this year. I would love to wait for that price and try to make more and more bitcoin so I will make a big profit and I am sure other people will do the same.
jr. member
Activity: 42
Merit: 27
February 01, 2022, 03:34:46 AM
#7
I personally would watch the market. For me the next bullish entry is above the blue line. Whenever it close above, it’s in a bullish phase.
https://de.tradingview.com/x/NY0rQLvO
full member
Activity: 1189
Merit: 107
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February 01, 2022, 02:57:30 AM
#6
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.
legendary
Activity: 3668
Merit: 6382
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February 01, 2022, 01:18:21 AM
#5
Hey guys, will Bitcoin go to $100k?
On my opinion yes.
[~snip~]
What do you think?

Imho bitcoin price will reach 100k and beyond.
However, we've seen so many indicators telling that, I'm no longer jumping for each new TA coming out. TA is not enough for predicting the price.
On the other hand, especially related to the title you've chosen, I can tell that Bitcoin is on its way to since the moment it started getting traded. Just look at the full chart.
hero member
Activity: 2702
Merit: 672
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February 01, 2022, 01:11:31 AM
#4
So doesn't that mean that we'd still need to wait whether it would go down or not? Nothing changed from the original wait-and-see a game that investors and traders do. We can only hope for the best and probably react if the market even dips further (for those who have invested). For those who haven't, well, any dip at this point is a pretty good entry point so I don't see an issue there.  I honestly don't think Bitcoin would be able to reach $100k this year, and even if it did, I hope it doesn't, it's going to be a bubble imo, not really something I'd look forward to in the long term.
member
Activity: 790
Merit: 44
February 01, 2022, 12:16:51 AM
#3
What do you think?
Bitcoin to place a $100k position, I think it's possible to get to that level, but not this year, the next two or three years, I believe.

If you want to say this 2022 Btc could be $100k, not a good thing for Bitcoin for this year, beyond the negatives outweigh the positives about crypto.
legendary
Activity: 3808
Merit: 1723
January 31, 2022, 11:17:55 PM
#2
There are many metrics and indicators such as that. However you need to realize that they can all be too early and you might buy now but it can still go lower.

One popular one is that greed and fear index, usually it predicts bottoms very well but almost each time the indicator goes off when it’s way too early, leading people to get bull trapped.
jr. member
Activity: 42
Merit: 27
January 31, 2022, 02:56:38 PM
#1
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?
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