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Topic: Bitcoin takes aim at $100,000 target - page 2. (Read 770 times)

hero member
Activity: 2548
Merit: 572
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July 15, 2019, 10:19:52 PM
#30
this target is too high for me personally, it's good that BTC is stable and getting ATH again is an extraordinary thing this year.
bitcoin is indeed targeted to have very high prices, but for now, the price is indeed still very far from our expectations. maybe, the potential of bitcoin can reach a price of $ 100k when the price is above $ 50k. however, it is very difficult to add $ 10k in a short, even long time.
if it still possible to reach, i think any price is something that still logic to think. Because sometime bitcoin price really surprised people with their way. Who can expect bitcoin price that at first only have a little value can be increased like this.
legendary
Activity: 2758
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July 15, 2019, 10:16:12 PM
#29
this target is too high for me personally, it's good that BTC is stable and getting ATH again is an extraordinary thing this year.
bitcoin is indeed targeted to have very high prices, but for now, the price is indeed still very far from our expectations. maybe, the potential of bitcoin can reach a price of $ 100k when the price is above $ 50k. however, it is very difficult to add $ 10k in a short, even long time.
full member
Activity: 812
Merit: 120
https://combonetwork.io/
July 15, 2019, 09:22:40 PM
#28
this target is too high for me personally, it's good that BTC is stable and getting ATH again is an extraordinary thing this year.
STT
legendary
Activity: 4102
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July 15, 2019, 06:48:38 PM
#27
I dont see why Bitcoin would rise continually this year, maybe next year because of halvening but this year is a strong recovery more then boom I would guess.

Right now its challenging the previous uptrend and finding if it can just slip back into that routine




If I pan the chart, extrapolate for end December prices on the same gradient as gain these last few months.   We dont get 100k, more like far less then half that.   That'd still be impressive of course
full member
Activity: 742
Merit: 144
July 15, 2019, 06:44:43 PM
#26
I think nothing is wrong if we aim that bitcoin will hit the new ATH maybe next year because even the price is slow to grow still we go there to the highest price.Prediction maybe change but I feel that the bitcoin will a new ATH.
As we go down on the level of $10k again, the chances to get the new ATH is slowly fading but I still hope to have it this year, we are still on the early weeks of 3rd quarter and more months to go. Bitcoin aims is quiet high but not too impossible to reach it, just a little time and we will be on that place waving at the very peak price of bitcoin.
full member
Activity: 406
Merit: 107
July 15, 2019, 03:07:31 PM
#25
It would be super to see 100k, but I think that it's too high. There's a good chance that this ATH won't go past 60-70k. The "cool down" was too quick, the value is still big enough to attract investors' eyes (especially after that 20k) and many of those investors that came in are already happy with 20%-like profits. If the momentum is clear, they'll allow it to grow, but they'll be super eager to withdraw at a clear sign that the rocket fuel is depleting.
The same thing people said in 2014, only the amount was $ 1000. Yes, and in fact any base to ensure growth was not only the enthusiasm of the people. And in recent years, cryptocurrency is considered not as money, but as something more, a new step in the development of technology that brings the world of electronic money. The technology itself, on which bitcoin is based, is already progress. And its application is limitless. Therefore, the growth will continue, slowly, but continue!
hero member
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July 15, 2019, 06:47:13 AM
#24
It's interesting to read many predictions from the expert although they don't know when the time to happen. But still, we can take a lesson on making our analysis from their chart. I am afraid that to reach $100,000 will need a long time if the conditions are like this, but if there is a significant change that is happening in the market, then that will change the people sentiment to buy bitcoin at a price now. They will start to buy bitcoin now while the price is still at $10k and hold it like what we do and sell when the price reaches their target sell price.
full member
Activity: 770
Merit: 126
July 14, 2019, 04:51:39 PM
#23
Bitcoin at $100,000 should not be seeing as something that will become reality at this time yet since we are still having mass adoption issue that is yet to be over come. Maybe, if bitcoin should get to like $50,000 per one before the prediction of$100,000 should come and no one will be able to see your prediction as a dream but something that will a reality but not now in my opinion.
legendary
Activity: 3472
Merit: 10611
July 13, 2019, 11:14:19 PM
#22
we have already entered that trend a while ago and despite the fact that we can clearly see it on the charts and the history is showing us these parabolic rises that occur within cycles some people still resist accepting the fact that the trend has changed and we are in the bull mode.
in any case i believe we are going to see a slower rise to the previous ATH and with the halving and all its hypes and effects we will see a speed up to the whole process. with all the media coverage that bitcoin is getting which is only increasing i can see this "cycle" to be a lot shorter and bigger than the previous ones.
member
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July 13, 2019, 07:55:28 PM
#21
Many predictions we saw during the current bulls. However, Bitcoin seems to be driving its own trends, and the trends that may arise are quite strong. Given the current price of Bitcoin, I do not think that we will immediately see $ 100,000.

Bitcoin price main driver is supply and demand, simply as that. As you can see the demand is very high as right now, the price is picking up, we are in the 5 digit figure. And as we go along, and as more people are willing to buy at a certain price, even $100k then obviously it is achievable. But we need to go to overcome hurdles along the way, so it could take some time to breach 6 digits, in my opinion.

I think "use" may be a better term than "buy". And bitcoin's uses are impervious to price.
legendary
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July 13, 2019, 07:36:15 PM
#20
Many predictions we saw during the current bulls. However, Bitcoin seems to be driving its own trends, and the trends that may arise are quite strong. Given the current price of Bitcoin, I do not think that we will immediately see $ 100,000.

Bitcoin price main driver is supply and demand, simply as that. As you can see the demand is very high as right now, the price is picking up, we are in the 5 digit figure. And as we go along, and as more people are willing to buy at a certain price, even $100k then obviously it is achievable. But we need to go to overcome hurdles along the way, so it could take some time to breach 6 digits, in my opinion.
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July 13, 2019, 07:32:32 PM
#19
With the price having been deliberately held down for so long by traders shorting the market, people have been waiting for the sign that it is time to buy once more.  I don't think we're at that stage yet, the media haven't picked up on these price rises.  I think if anything the market is simply correcting to it's previous high point and will then level out again for another six to eighteen months.

By the end of 2020 I expect the price of Bitcoin to jump from ~ $25k to about $35k to $45k in a matter of weeks.
member
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July 13, 2019, 07:32:12 PM
#18
There are a lot of eyes watching cryptocurrencies to prevent manipulating so I do not think we're going to reach $ 100,000 soon, taking into account the rules that monitor platforms "Most of the gains above $ 12,000 were faked."
What we have gone through is not manipulation, just the result of buyers and sellers dealing with little depth on both sides of the book. The wild fluctuations might seem like they are extreme, but they are perfectly normal. Did you forget about how we had similar volatility back in 2017 and even 2018?

$100,000 isn't that difficult to reach with how little supply there is. If altcoins boom alongside Bitcoin and stimulate people to use their Bitcoins to trade altcoins back and forth, it helps removing hundreds of thousands of coins from the main market and thus contribute to more spot scarcity. As always, the crash that will follow will not be pretty.  Lips sealed

The real target stability is at $ 20,000.
$20,000 will trigger some extreme volatility. It won't be stable at all. If we break through the last resistance level, algorithms will go nuts, investors will go nuts. Traditional investors would consider it a 100% probability to bet on Bitcoin not breaking through $20,000 again. Bitcoin breaking that level will convince even these investors that it's here to stay.

Hitting $20k will be a lot like when bitcoin hit $1k after a 2 year bear market. It won't be a thing.
legendary
Activity: 3024
Merit: 2148
July 13, 2019, 07:27:26 PM
#17
I'm getting suspicious that when so many people set up some fixed price as their goal, it will either not be reached, or the price will greatly surpass it. I've been believing for a long time that this run will end at $60,000, but in very optimistic scenario 150k or 200k can be reached. But I think we are short on time, the bull run will likely end before halvening, and achieving x10 growth in such short period will be hard, so I'll stick to my $60,000 prediction.
legendary
Activity: 2170
Merit: 1427
July 13, 2019, 06:51:39 PM
#16
There are a lot of eyes watching cryptocurrencies to prevent manipulating so I do not think we're going to reach $ 100,000 soon, taking into account the rules that monitor platforms "Most of the gains above $ 12,000 were faked."
What we have gone through is not manipulation, just the result of buyers and sellers dealing with little depth on both sides of the book. The wild fluctuations might seem like they are extreme, but they are perfectly normal. Did you forget about how we had similar volatility back in 2017 and even 2018?

$100,000 isn't that difficult to reach with how little supply there is. If altcoins boom alongside Bitcoin and stimulate people to use their Bitcoins to trade altcoins back and forth, it helps removing hundreds of thousands of coins from the main market and thus contribute to more spot scarcity. As always, the crash that will follow will not be pretty.  Lips sealed

The real target stability is at $ 20,000.
$20,000 will trigger some extreme volatility. It won't be stable at all. If we break through the last resistance level, algorithms will go nuts, investors will go nuts. Traditional investors would consider it a 100% probability to bet on Bitcoin not breaking through $20,000 again. Bitcoin breaking that level will convince even these investors that it's here to stay.
sr. member
Activity: 2618
Merit: 439
July 13, 2019, 06:21:34 PM
#15
Of course bitcoin has shown us that everything is possible, it can even go to $1 or even $100K. It is an speculative asset so it can grow overtime, might take some years specially after the most awaited event, the block halving. Which majority of us has been touted as the final catalyst to the next massive bullrun we all have been waiting in 2020-2021.
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Activity: 282
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July 13, 2019, 04:35:11 PM
#14
Many predictions we saw during the current bulls. However, Bitcoin seems to be driving its own trends, and the trends that may arise are quite strong. Given the current price of Bitcoin, I do not think that we will immediately see $ 100,000.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
July 13, 2019, 03:35:44 PM
#13
Bitcoin had taken it's forth parabolic phase and may take another all-time high that may drop a price of over $100,000 USD, I guess this is a new trend and may simply take the world of cryptocurrency by storm again.

And many traders had confirmed this parabolic phase to settle in this bull trend, What do you guys think? Any comments about this.

https://cryptoslate.com/bitcoin-long-term-trend-bullish-short-term-not-so/
When we think we understand the the price movement of Bitcoin then show show the price moment will be unpredictable again by just moving in the wrong direction. So I don't really trust the $100,000 prediction will come true just because of the parabolic movement on the chart.
legendary
Activity: 2366
Merit: 1408
July 13, 2019, 03:14:50 PM
#12
A lot of people are saying BTC will hit 100k
They study the charts and look fot theories, but it's easy like that, it needs a LOT of investments for big investors, companies etc
legendary
Activity: 2702
Merit: 4002
July 13, 2019, 02:31:45 PM
#11
There are a lot of eyes watching cryptocurrencies to prevent manipulating so I do not think we're going to reach $ 100,000 soon, taking into account the rules that monitor platforms "Most of the gains above $ 12,000 were faked."
The price stability at any range is much better than the crazy highs up to $ 10,000 and then collapses within several hours.

The real target stability is at $ 20,000.
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