Btc $100k prediction by eoy - page 6.

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Quote from: Olayinka2225 on September 19, 2021, 12:25:55 AM

Large scale institutions are doing all in their power to accumulate as much as possible at their lowest prices.

speaking of which, check this out:

El Salvador acts on Bitcoin price dip and buys 150 BTC

now even El Salvador is buy the dip

Quote from: Olayinka2225 on September 19, 2021, 12:25:55 AM

But we will find out how things play out. People have been predicting bitcoin to hit $100K+ by the eoy and with 3.5 months left, we're nowhere close. Though I felt the same way, sometime like maybe its a pipe dream.. but a lot of people still believe this, and one thing that I think I saw for certain the other day.. That Walmart fake news for example.. The price within 10 minutes went from like 44k to like 47k .. I don't think that was small investors who drove price up that fast, I think that was institutional money buying the fake news..

look at the chart, if the price managed to break $52500 and consolidate above $52500 then in a short time the price would try to break the ATH and only after breaking the ATH can we dream of $100K.

SquallLeonhart

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Quote from: Lucius on September 20, 2021, 05:57:47 AM

Quote from: Olayinka2225 on September 19, 2021, 12:25:55 AM

People have been predicting bitcoin to hit $100K+ by the eoy and with 3.5 months left, we're nowhere close.

Don't be obsessed with numbers, everything you read is just speculation based on various models (which may not be accurate), or the opinions of various experts who want to get their 5 minutes of fame in the media. Since the last halving 2020, the price of BTC is on average about 7 times higher, which is more than impressive - and whether it will be $100k by the end of the year or maybe only $75k does not mean anything in the long run.

Another fact that we should not forget is the price will never be predictable and it is always quick. So it doesn't matter if it was 1st of December right now and we were still around 50k, it still doesn't mean that we won't be at 100k by new year. Obviously, it makes it harder to reach that level but the reality is that we are living in a situation where things are very quick and very very volatile as well.

So, bitcoin could become 20k in under a week, or it could be 100k in a week or at worst in a month. Have we not seen it go up that much quickly before? I mean even very very recently we have seen it move from 28k bottom to nearly 52k at the top and this happened in 1-2 months, definitely quicker than 2 months, closer to 1 month. Which is a proof that bitcoin could do nearly 2x prices in a month. So, that means maybe we will finish with 20k, maybe around 50k, but maybe it could still be 100k.

darkangelosme

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Quote from: Olayinka2225 on September 19, 2021, 12:25:55 AM

Large scale institutions are doing all in their power to accumulate as much as possible at their lowest prices. But we will find out how things play out. People have been predicting bitcoin to hit $100K+ by the eoy and with 3.5 months left, we're nowhere close. Though I felt the same way, sometime like maybe its a pipe dream.. but a lot of people still believe this, and one thing that I think I saw for certain the other day.. That Walmart fake news for example.. The price within 10 minutes went from like 44k to like 47k .. I don't think that was small investors who drove price up that fast, I think that was institutional money buying the fake news..

Dude don't be so amazed by someone who is predictings Bitcoin pump, anyone can do that but the deference is we are not famous, they are doing that because they want to stimulate the mind of the people especially those who do have some assets on cryptocurrencies to follow them for their own sake, so do trading by your own and don't be a victim by FUD.

Rajamuda

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The current movement does seem like an opportunity to re-enter for people who are consistent and believe in Bitcoin, but out there.. there are still some people who certainly have pessimistic thoughts, here it is like testing our belief in Bitcoin, and also some investors. However.. apart from that, of course the current decline is not something that can threaten the popularity of Bitcoin, the price movement is still potentially at $100k, but I think it will be touched in the next year.

arwin100

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Quote from: Kittygalore on September 20, 2021, 04:54:11 AM

Quote from: Oasisman on September 20, 2021, 02:57:22 AM

Quote from: Kittygalore on September 20, 2021, 01:42:22 AM

~

Well, usually pumps are expected after the news that triggers the price to pump, what will always come unexpected is the price range of how much Bitcoin would pump during massive buy outs.
3 months is considered a long period of time speculate on Bitcoin's price. Bitcoin has more than 60% gain history in a span of 2-3 months. So, I guess it's still safe to say $100k is achievable by the end of the year. Though there are still a lot factors that could make it less possible.

Well, most of the pumps happen in December and sometimes they don't really need some big news to get so big, it doesn't matter if there are factors that might not make it possible, I still believe that bitcoin is an appreciating asset and that there's no way that a 100k won't happen, maybe not this year but it will eventually happen.

Many holder expect that season can bring good effects to the bitcoin thats why we see that happening frequently and those guys who predict that timeline is just basing it by past movements in the history but claiming that we will reach that 6 digits figure maybe we can't see that now due to many fuds or correction might happen. Maybe next year or in next halving for sure we can see that digits to come up.

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Quote from: Olayinka2225 on September 19, 2021, 12:25:55 AM

People have been predicting bitcoin to hit $100K+ by the eoy and with 3.5 months left, we're nowhere close.

Don't be obsessed with numbers, everything you read is just speculation based on various models (which may not be accurate), or the opinions of various experts who want to get their 5 minutes of fame in the media. Since the last halving 2020, the price of BTC is on average about 7 times higher, which is more than impressive - and whether it will be $100k by the end of the year or maybe only $75k does not mean anything in the long run.

Quote from: Olayinka2225 on September 19, 2021, 12:25:55 AM

I don't think that was small investors who drove price up that fast, I think that was institutional money buying the fake news..

There’s a lot of truth here, big investors have a big impact on the market in the sense that they can create FOMO through their social networks as EM did, but they then drive masses of small investors who actually push the price of BTC up. As always, the rule is confirmed that those who have a lot of money and know how to use it, can influence public opinion, especially when it comes to cryptocurrencies that are very volatile.

Kittygalore

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Quote from: Oasisman on September 20, 2021, 02:57:22 AM

Quote from: Kittygalore on September 20, 2021, 01:42:22 AM

~

Well, usually pumps are expected after the news that triggers the price to pump, what will always come unexpected is the price range of how much Bitcoin would pump during massive buy outs.
3 months is considered a long period of time speculate on Bitcoin's price. Bitcoin has more than 60% gain history in a span of 2-3 months. So, I guess it's still safe to say $100k is achievable by the end of the year. Though there are still a lot factors that could make it less possible.

Well, most of the pumps happen in December and sometimes they don't really need some big news to get so big, it doesn't matter if there are factors that might not make it possible, I still believe that bitcoin is an appreciating asset and that there's no way that a 100k won't happen, maybe not this year but it will eventually happen.

RealMalatesta

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Quote from: Olayinka2225 on September 19, 2021, 12:25:55 AM

People have been predicting bitcoin to hit $100K+ by the eoy and with 3.5 months left, we're nowhere close.

3.5 months must be more than enough time period for bitcoin market to double and to reach your dream target levels (please remember by 2017 December, bitcoin took only 2 weeks of time to double from 10k levels to 19.4k levels). So, anything could be possible here in bitcoin markets and you never need to be depressed just because of sideways movement of market right now.

Quote from: Oasisman on September 20, 2021, 02:57:22 AM

I guess it's still safe to say $100k is achievable by the end of the year. Though there are still a lot factors that could make it less possible.

But I am always believe into FOMO which must be very powerful factor to subside all other negative reasons. I was expecting more stronger bull run due to El Salvador adoption but it seems institutions and whales are active to catch lower price levels which must be the one of the prime reason why we are still having sideways movements.

Oasisman

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Quote from: Kittygalore on September 20, 2021, 01:42:22 AM

Quote from: hello_good_sir on September 19, 2021, 06:29:10 PM

Highly doubt it.

The run up from the start of the year has been absolutely crazy and I think that we are due for a correction as a matter of time.

Institutional interest is high, yes, but even that isn't going to go on forever especially when the interest rates around the world start hiking near the end of the year as most countries exit lockdowns.

There's still a lot of time, there's still about 3 months or so for the pump towards 100k to happen, remember that most pumps in bitcoin happened when we least expect it like around 1 month, December sees most of this surges so I don't think that there's no time for the pump and no sense doubting it.

Well, usually pumps are expected after the news that triggers the price to pump, what will always come unexpected is the price range of how much Bitcoin would pump during massive buy outs.
3 months is considered a long period of time speculate on Bitcoin's price. Bitcoin has more than 60% gain history in a span of 2-3 months. So, I guess it's still safe to say $100k is achievable by the end of the year. Though there are still a lot factors that could make it less possible.

Kittygalore

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Quote from: hello_good_sir on September 19, 2021, 06:29:10 PM

Highly doubt it.

The run up from the start of the year has been absolutely crazy and I think that we are due for a correction as a matter of time.

Institutional interest is high, yes, but even that isn't going to go on forever especially when the interest rates around the world start hiking near the end of the year as most countries exit lockdowns.

There's still a lot of time, there's still about 3 months or so for the pump towards 100k to happen, remember that most pumps in bitcoin happened when we least expect it like around 1 month, December sees most of this surges so I don't think that there's no time for the pump and no sense doubting it.

CaVO32

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Quote from: hello_good_sir on September 19, 2021, 06:29:10 PM

Highly doubt it.

The run up from the start of the year has been absolutely crazy and I think that we are due for a correction as a matter of time.

Institutional interest is high, yes, but even that isn't going to go on forever especially when the interest rates around the world start hiking near the end of the year as most countries exit lockdowns.

The price level of $100k before the year ends seems not likely to happen. I am just hoping that it will reach again its ATH. Anyway, if it doesn't happen, the succeeding years for me are promising as countries after countries are considering the integration of blockchain tech or crypto in their financial system. The more adoption we have, the better for the market. But for now, let us be grateful that bitcoin market really did great this year despite of the global pandemic that everyone experienced and is still experiencing.

hello_good_sir

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Highly doubt it.

The run up from the start of the year has been absolutely crazy and I think that we are due for a correction as a matter of time.

Institutional interest is high, yes, but even that isn't going to go on forever especially when the interest rates around the world start hiking near the end of the year as most countries exit lockdowns.

Hippocrypto

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Quote from: Olayinka2225 on September 19, 2021, 12:25:55 AM

Large scale institutions are doing all in their power to accumulate as much as possible at their lowest prices. But we will find out how things play out. People have been predicting bitcoin to hit $100K+ by the eoy and with 3.5 months left, we're nowhere close. Though I felt the same way, sometime like maybe its a pipe dream.. but a lot of people still believe this, and one thing that I think I saw for certain the other day.. That Walmart fake news for example.. The price within 10 minutes went from like 44k to like 47k .. I don't think that was small investors who drove price up that fast, I think that was institutional money buying the fake news..

These prices you've mentioned here was already an attempt for possible rise in the near future of Bitcoin price. We reached $60k already then drowned so low down to below $30k lastly, but now we're back on track so it's all up to us if we continue to thrive harder as time moves forward. Fake news has nothing to do with our progress, better let ignore them and keep your goals consistent.

Anonymous100

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Estimates Bitcoin will reach $100k is not impossible. However, we cannot be sure that this prediction will come true at the end of the year. If you see in the last week there has been a sudden Bitcoin price pump, I think it's investors trying to buy large amounts of Bitcoin. But not long after the price of Bitcoin dropped back to the bottom price. I think investors are still waiting for the right time to pump up the Bitcoin price.

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Quote from: Olayinka2225 on September 19, 2021, 12:25:55 AM

Large scale institutions are doing all in their power to accumulate as much as possible at their lowest prices. But we will find out how things play out. People have been predicting bitcoin to hit $100K+ by the eoy and with 3.5 months left, we're nowhere close. Though I felt the same way, sometime like maybe its a pipe dream.. but a lot of people still believe this, and one thing that I think I saw for certain the other day.. That Walmart fake news for example.. The price within 10 minutes went from like 44k to like 47k .. I don't think that was small investors who drove price up that fast, I think that was institutional money buying the fake news..

BTC price reaching $100k figure is possible if my speculations. and eoy speculated this, i think the probability of BTC hitting a new ATH figure in the future is $100k but when and when we cannot speculate, because only time will tell This is speculation by all of us. And what's important right now It's a speculation and it's all up to you if you're going to rely on it but it's still best to wait and be patient when you hold bitcoin. You will surely make high profits in the future.

Mamun74

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Bitcoin already or proved that bitcoin is most valuable coin in crypto market. And bitcoin already huge increase this year.Few moth ago Bitcoin breaks all records price and reached $64k+.And bitcoin price now around $47k+. I think bitcoin price increase price will be reached $70k+ this year.

Mpamaegbu

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Quote from: Olayinka2225 on September 19, 2021, 12:46:37 PM

I don't think it reaches $60k last month, last month was a hard for for bitcoin but I agree with you, btc have done surprisingly this year. No one ever think it gonna reach reach $60k this year before it went all down again and hovering around $45k and $50k

From data on Coingecko, Bitcoin touched $64,000+ on Apr 14, 2021. You may want to check that out yourself here https://www.coingecko.com/en/coins/bitcoin

Olayinka2225

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Quote from: israt1@ on September 19, 2021, 10:59:02 AM

This is not impossible. If you look at the state of Bitcoin a few months ago, you will believe in it. Because last month it reached $ 60k. Did anyone believe that it will increase so much? I mean, believe in bitcoin, be patient. It doesn't have a specific smell

I don't think it reaches $60k last month, last month was a hard for for bitcoin but I agree with you, btc have done surprisingly this year. No one ever think it gonna reach reach $60k this year before it went all down again and hovering around $45k and $50k

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Quote from: tbct_mt2 on September 19, 2021, 06:00:51 AM

$48k and $100k. Do you think it is not close? Two weeks of big run will bring Bitcoin to $100k.

If someone owes you $100k and then gives you $48k as the whole payment, are you going to accept it since you said both are close? $100k for bitcoin will be an impossible level to attain this year. We are about three months to the end of 2021 and I do not see how bitcoin price can fill up that gap. I know some people will say there is nothing impossible for bitcoin to do but this people should also realize that bitcoin went through the $60k level before falling back to the price it is now at less than $50k and it will be hard for bitcoin to cross that height again this year. May be next year bitcoin can go to $100k but not this year.

Iron Fist

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As of today, Bitcoin is trading below the $50,000 mark, but according to a report on fxempire, analysts at British bank Standard Chartered are confident that it will reach the $100k mark in the coming months. Several industry experts have cited $100k as the next BTC milestone after the cryptocurrency's recent upsurge.

The cryptocurrency has gained roughly $20K since those dark days in July. With less than four months to go until the end of the year, the predictions projecting an upward trend of more than 100% towards the $100k continue.

Topic: Btc $100k prediction by eoy - page 6. (Read 811 times)