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Topic: Bitcoin takes aim at $100,000 target - page 3. (Read 770 times)

legendary
Activity: 1526
Merit: 1179
July 13, 2019, 01:27:27 PM
#10
It might happen but I believe need more time and I can't predict when it will happen exactly. Lots of predictions we have seen during current bull run. But seems bitcoin walking it's own trend, and likely trend is enough healthy.  
The thing here is that Bitcoin goes against what the majority of the people here are preparing themselves for. It could even mean that we may see a brutal selloff to shake out those who will dump on your face at much higher levels.

When the majority expects a new all time high or even $100k to be reached, it's less likely that this will happen within the time frame they aim at. It's pretty basic market etiquette.

Remember how people on the way down to $3000 were speculating about $2000 and even sub $1000? Panic sellers unloaded their bags aiming to buy at these lower levels but we're surprised by the market's counter effect.
legendary
Activity: 2912
Merit: 1068
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July 13, 2019, 01:08:56 PM
#9
There are many pointers that tell us we’ll reach a price of over $100,000 per BTC during this cycle. Soeak to HairyMaclairy on this forum if you want in depth, technical analysis. The price should continue to slowly rise overall until the halving (approx 10 months away). What we’ll see 6-18 months after the halving, hopefully, is the parabolic surge that’ll take us to $100,000 per coin.

Honestly, I don't believe that, it's way exaggerated. Nothing is iimpossible when it comes to Bitcoin, I have to say that too, still I don't believe Bitcoin price will go all the way to 100K. No matter that such predictions are made on certain analysis don't forget that analysis is correct as much as the data are and there is always a subjective estimation too so I'm not convinced.
legendary
Activity: 2394
Merit: 2223
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July 13, 2019, 12:16:07 PM
#8
Although I am positive with bitcoin current price but I don't think we will see at $100K very soon. It might happen but I believe need more time and I can't predict when it will happen exactly. Lots of predictions we have seen during current bull run. But seems bitcoin walking it's own trend, and likely trend is enough healthy. At first bitcoin should cross ATH, then we might expect another ATH. I am guessing we might see ATH again on next year.
legendary
Activity: 3668
Merit: 6382
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July 13, 2019, 12:05:25 PM
#7
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.
legendary
Activity: 2884
Merit: 1117
July 13, 2019, 11:57:21 AM
#6
I understand that 100k has been the goal of many bitcoin people and I feel like its such a target that if we finally reach it one day then we will fall like huge, because everyone aims at it so much that when we hit it then they will sell it, nobody would wait for 110k or 200 or 300, if we reach 100k they have been waiting for it for years so they will just dump all coins they have in their possession.

So, I both want to see 100k but I also do not want to, maybe stay around 50-80 for a long time before we jump over 100k so we could both enjoy the increases a bit before we eventually end up losing most of it back. Hopefully though all these experts that calls for 100k is right and we reach that, the higher the price the more credibility bitcoin gets from non-financial world as well.
sr. member
Activity: 2044
Merit: 314
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July 13, 2019, 07:52:50 AM
#5
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/
Many are too optimist about the price of bitcoin, yes the chart says it all but we can't still be confident about it. We might hit the level of $30k this year but the question is how long we can stand on that level. Bitcoin should stay strong for us to see the level of $100k nevertheless there's really a chance for that price, only time can tell to us and let's all hope for the best price with the best coin.
legendary
Activity: 3038
Merit: 1169
July 13, 2019, 07:03:09 AM
#4
There are many pointers that tell us we’ll reach a price of over $100,000 per BTC during this cycle. Soeak to HairyMaclairy on this forum if you want in depth, technical analysis. The price should continue to slowly rise overall until the halving (approx 10 months away). What we’ll see 6-18 months after the halving, hopefully, is the parabolic surge that’ll take us to $100,000 per coin.
In general,I have faith in analysis and consider it truthful in most cases.But,when it comes to Bitcoin or crypto in general I want you or anyone just give me one example of an analysis or a prediction made by a trader or a famous personality that turned out to be true and effectively happened in the past; that being said IMHO we won't see the $100k mark anytime soon.

It is just a speculation per se that we may reach the $100,000 USD per bitcoin, Yes I know it is safe to say that we can reach $30,000 USD and end bull run but if we look on the possibilities of what bitcoin can do it surprises us back then when it reaches $20,000 USD and this time around there are traders that think it may possibly because of the parabolic trend that the price may reach to $100 k, But this conversation is surely open for other things that can happen to the price of bitcoin, I am also skeptical that the price may reach this far and it is safer to assume that the price can just reach $30,000 to $40,000 USD per bitcoin.
sr. member
Activity: 840
Merit: 375
July 13, 2019, 06:32:08 AM
#3
There are many pointers that tell us we’ll reach a price of over $100,000 per BTC during this cycle. Soeak to HairyMaclairy on this forum if you want in depth, technical analysis. The price should continue to slowly rise overall until the halving (approx 10 months away). What we’ll see 6-18 months after the halving, hopefully, is the parabolic surge that’ll take us to $100,000 per coin.
In general,I have faith in analysis and consider it truthful in most cases.But,when it comes to Bitcoin or crypto in general I want you or anyone just give me one example of an analysis or a prediction made by a trader or a famous personality that turned out to be true and effectively happened in the past; that being said IMHO we won't see the $100k mark anytime soon.
legendary
Activity: 3556
Merit: 9709
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July 13, 2019, 06:13:49 AM
#2
There are many pointers that tell us we’ll reach a price of over $100,000 per BTC during this cycle. Soeak to HairyMaclairy on this forum if you want in depth, technical analysis. The price should continue to slowly rise overall until the halving (approx 10 months away). What we’ll see 6-18 months after the halving, hopefully, is the parabolic surge that’ll take us to $100,000 per coin.
legendary
Activity: 3038
Merit: 1169
July 13, 2019, 03:33:38 AM
#1
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/
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