Can Bitcoin reach 100k USD in 2024? - page 8.

betswift

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Quote from: letteredhub on August 06, 2024, 11:15:40 AM

Quote from: betswift on August 06, 2024, 05:16:59 AM

Quote from: letteredhub on August 05, 2024, 02:54:00 PM

Quote from: shitpost pioneer on April 13, 2024, 11:28:12 AM

Bitcoin is very bullish currently.
Not long ago, Bitcoin reached a new all time high proving its sceptics false.

Do you expect it is possible in 2024 for Bitcoin to reach 100k USD?

Weeks ago when bitcoin price was closing up on 70k many investors wouldn't hesitate from agreeing that a 100k mark is possible, but I doubt if a good number them right now would holding on to such possibilityas Just less than 24hrs ago bitcoin price and other cryptocurrencies price has experienced about 20-24% fall leaving a lot of investors in a worrisome situation as bitcoin price dips to 51k.

If we have to embrace the prevailing declining economic situation of the world there are no strong indicators pointing to a 100k reach this 2024, perhaps we have to move that expectation to 2025.

Agreed! We should watch after the dips and use them to our advantage, but the time frame for getting something from it became bigger, but that should be okay for all of us.

Yea, the dip is an advantageous point to buy more BTC but in using the DCA strategy in accumulating your bitcoin portfolio you don't have to wait for a price dip before buying, you've got to buy at whenever the funds is available accordingly as you have planned.

And for the timeframe, there's really not much of a long time there, 2025 is just by the corner, even if it gonna take the entire 12months of 2025 for the bullrun then that's still not a long time for an investor to worry about.

DCA is good here, I've seen talks about it previously on many threads. Minimizing the risks of volatility changing our positions is a good way to go, in my opinion. We need to be disciplined for it and understand the potentially lower returns, though.

letteredhub

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Quote from: betswift on August 06, 2024, 05:16:59 AM

Quote from: letteredhub on August 05, 2024, 02:54:00 PM

Quote from: shitpost pioneer on April 13, 2024, 11:28:12 AM

Bitcoin is very bullish currently.
Not long ago, Bitcoin reached a new all time high proving its sceptics false.

Do you expect it is possible in 2024 for Bitcoin to reach 100k USD?

Weeks ago when bitcoin price was closing up on 70k many investors wouldn't hesitate from agreeing that a 100k mark is possible, but I doubt if a good number them right now would holding on to such possibilityas Just less than 24hrs ago bitcoin price and other cryptocurrencies price has experienced about 20-24% fall leaving a lot of investors in a worrisome situation as bitcoin price dips to 51k.

If we have to embrace the prevailing declining economic situation of the world there are no strong indicators pointing to a 100k reach this 2024, perhaps we have to move that expectation to 2025.

Agreed! We should watch after the dips and use them to our advantage, but the time frame for getting something from it became bigger, but that should be okay for all of us.

Yea, the dip is an advantageous point to buy more BTC but in using the DCA strategy in accumulating your bitcoin portfolio you don't have to wait for a price dip before buying, you've got to buy at whenever the funds is available accordingly as you have planned.

And for the timeframe, there's really not much of a long time there, 2025 is just by the corner, even if it gonna take the entire 12months of 2025 for the bullrun then that's still not a long time for an investor to worry about.

betswift

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Quote from: letteredhub on August 05, 2024, 02:54:00 PM

Quote from: shitpost pioneer on April 13, 2024, 11:28:12 AM

Bitcoin is very bullish currently.
Not long ago, Bitcoin reached a new all time high proving its sceptics false.

Do you expect it is possible in 2024 for Bitcoin to reach 100k USD?

Weeks ago when bitcoin price was closing up on 70k many investors wouldn't hesitate from agreeing that a 100k mark is possible, but I doubt if a good number them right now would holding on to such possibilityas Just less than 24hrs ago bitcoin price and other cryptocurrencies price has experienced about 20-24% fall leaving a lot of investors in a worrisome situation as bitcoin price dips to 51k.

If we have to embrace the prevailing declining economic situation of the world there are no strong indicators pointing to a 100k reach this 2024, perhaps we have to move that expectation to 2025.

Agreed! We should watch after the dips and use them to our advantage, but the time frame for getting something from it became bigger, but that should be okay for all of us.

letteredhub

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Quote from: shitpost pioneer on April 13, 2024, 11:28:12 AM

Bitcoin is very bullish currently.
Not long ago, Bitcoin reached a new all time high proving its sceptics false.

Do you expect it is possible in 2024 for Bitcoin to reach 100k USD?

Weeks ago when bitcoin price was closing up on 70k many investors wouldn't hesitate from agreeing that a 100k mark is possible, but I doubt if a good number them right now would holding on to such possibilityas Just less than 24hrs ago bitcoin price and other cryptocurrencies price has experienced about 20-24% fall leaving a lot of investors in a worrisome situation as bitcoin price dips to 51k.

If we have to embrace the prevailing declining economic situation of the world there are no strong indicators pointing to a 100k reach this 2024, perhaps we have to move that expectation to 2025.

2Pizza410000BTC

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Quote from: shitpost pioneer on April 13, 2024, 11:28:12 AM

Bitcoin is very bullish currently.
Not long ago, Bitcoin reached a new all time high proving its sceptics false.

Do you expect it is possible in 2024 for Bitcoin to reach 100k USD?

Until now, there was a lot of hope that Bitcoin would reach $100k, but seeing the decline of Bitcoin today, it seems that it will be very difficult for Bitcoin to reach $100k in 2024. I woke up in the morning and found that there was so much dumping in the market that I couldn't hold myself tight because the money I had invested in my investment went down so much that I can say more than half of my investment was lost in this dumping market. But hopefully the market will return to normal and Bitcoin will hit $100k in 2024 and the price of other coins will rise as well. But keep the investment of those who have invested, no one should sell investment in this dumping market.

bitterguy28

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Quote from: shitpost pioneer on April 13, 2024, 11:28:12 AM

Bitcoin is very bullish currently.
Not long ago, Bitcoin reached a new all time high proving its sceptics false.

Do you expect it is possible in 2024 for Bitcoin to reach 100k USD?

5 months to go before the 2024 ends , is there any good reason for us to expect this 100k being broken any time this year?

indeed that again we are nearing 70k today

https://coinmarketcap.com/currencies/bitcoin/

buit am not sure that this is enough to show us any good reason to believe in 6 digits finally .

el kaka22

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Quote from: TastyChillySauce00 on July 25, 2024, 10:58:51 PM

Quote from: el kaka22 on July 25, 2024, 12:55:21 PM

Not entirely sure if it would happen in 2024 though, I mean yeah it will get there in the next year or so, there is a big chance, and I am sure that it will be fine, but that doesn't mean that we are going to end up having that right now, that doesn't really feel like it's okay.

if BTC could go from $63k to $67k within less than a day, i'm pretty optimistic that it can go from $67k to $100k within less than half year, BTC is pretty bullish, all the fuds to attack bitcoin finally coming to an end.
only some random mt gox news still coming up sometime but currently i've seen many people just don't really care about such news.

i'm pretty optimistic 2024 is the year BTC hits $100k, even if it can't hit that price, it will at least float around 80k-90k.

I agree that it is not a bad idea and could happen, I am just saying that may not happen in 2024, otherwise I do agree that it could happen. The reality is that when bitcoin goes up, it really goes up and we can see that happening, but when it doesn't and it stays low, I think it can spend years.

By comparison, let me say it like this, it took us only a few months to go from 70k to 15k right? In 2022 or so we started that bear run, and went low and stayed there all the way until 2023, and ever since then we peaked back to 73k or so levels as well. So what we know? We know that it can go down and stay there for years, but we also know that it takes only a month or two to get it higher.

What I believe right now is that we CAN and we WILL go above 100k, that's possible, I am just not sure if that's going to be this moment or not, if that can be this year then I think it is totally viable and could happen, I am just not sure. In the end, even I believe that if it is not this year, then it will be next year and we are going to end up with 100k without an issue, we should just focus on something more clear and we could make that work, it is not going to be all that hard to reach those levels.

doomloop

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Quote from: TastyChillySauce00 on July 25, 2024, 10:58:51 PM

Quote from: el kaka22 on July 25, 2024, 12:55:21 PM

Not entirely sure if it would happen in 2024 though, I mean yeah it will get there in the next year or so, there is a big chance, and I am sure that it will be fine, but that doesn't mean that we are going to end up having that right now, that doesn't really feel like it's okay.

if BTC could go from $63k to $67k within less than a day, i'm pretty optimistic that it can go from $67k to $100k within less than half year, BTC is pretty bullish, all the fuds to attack bitcoin finally coming to an end.
only some random mt gox news still coming up sometime but currently i've seen many people just don't really care about such news.

i'm pretty optimistic 2024 is the year BTC hits $100k, even if it can't hit that price, it will at least float around 80k-90k.

$63k to $67k is $4k gain and I think this is high even for the mighty coin (BTC) to achieve in less than a day. I even think this was still hard to achieve for a day or two but only in a normal market condition, however if there is already a bull market, then things might have been easier not just for BTC but also to other cryptos. Half a year is 6 months and less than it can be 5.9 months max !!. I think this is enough time for a $33k gain in order to achieve that $100k mark.

Bull run doesn't last that long but a gradual rise even in a normal market condition is still appreciated. I don't think FUD's will be gone but actually the more they can come out if the sentiment is bullish because you know, they don't want us to succeed but they can only wish because we are not a newb anymore for this.

News about Mt.Gox are I think aren't even negative because it's said that old customers already received their long-lost coins. Not just you but many people are also optimistic that BTC will hit a hundred k this year. Actually not only this year but this optimism have already existed even before and this will carry on as long as BTC haven't achieved that number yet. If not, well an $80k to $90k is still a decent price for a while.

anarkiboy

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Bitcoin network effect has lost it's impact and halvings are only harming it's security model.
For this reasons I do not believe Bitcoin will ever reach 100k.

TastyChillySauce00

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Quote from: el kaka22 on July 25, 2024, 12:55:21 PM

Not entirely sure if it would happen in 2024 though, I mean yeah it will get there in the next year or so, there is a big chance, and I am sure that it will be fine, but that doesn't mean that we are going to end up having that right now, that doesn't really feel like it's okay.

if BTC could go from $63k to $67k within less than a day, i'm pretty optimistic that it can go from $67k to $100k within less than half year, BTC is pretty bullish, all the fuds to attack bitcoin finally coming to an end.
only some random mt gox news still coming up sometime but currently i've seen many people just don't really care about such news.

i'm pretty optimistic 2024 is the year BTC hits $100k, even if it can't hit that price, it will at least float around 80k-90k.

el kaka22

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Not entirely sure if it would happen in 2024 though, I mean yeah it will get there in the next year or so, there is a big chance, and I am sure that it will be fine, but that doesn't mean that we are going to end up having that right now, that doesn't really feel like it's okay.

I believe that we need to end up doing something that will be a little bit more confusing, and I do not think that we can make it work some other way. I am not saying that we should be considering how that might work, of course that could be something not that easy, but we could potentially put something in there which would be not that easy to handle. I personally believe that the best thing to do right now would be just focusing on how to get money and for that reason we do not need to wait just 2024, we can wait a bit longer for the price to go up as well.

I believe that if we could just wait for that 100k to come then I can see how people could make money by holding. Most people rush, they see small drops and all that and sell and get out, that is the wrong move and many regret selling later on, we need to see that waiting and holding are the only possible ways of making any money in this market.

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Quote from: shitpost pioneer on April 13, 2024, 11:28:12 AM

Bitcoin is very bullish currently.
Not long ago, Bitcoin reached a new all time high proving its sceptics false.

Do you expect it is possible in 2024 for Bitcoin to reach 100k USD?

Yes i do, but it will not be for this year. It may be happening in the next decade. Bitcoin's chart is so difficult just to break new ATH, and the last ATH was also very far from 100k. The price needs to consolidate first. We must also have loaded the dump from the MTgox creditors.

Source: The Block

Once we fully loaded the bitcoin dumped by MTgox creditors, who intend to sell their BTC. I think we have no more burden to move up.

We've moved from the 54k to the 68k in less than three weeks, and it's possible for bitcoin to record a new ATH. But my prediction is that it won't be around 100k at the end of this year, and most likely 80k - 85k. However, sentiment can be very bullish for BTC if Trump becomes US president. He would have to fulfill his promise to make bitcoin a US reserve currency. This may bring the big hype.

But this saddens me. This is because altcoins aren't following Bitcoin now, this is bad for altcoin holders.

shitpost pioneer

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After a few weeks of consolidation, it indeed looks like we will see Bitcoin over 100k USD in 2024.
Bulls are really strong and we are just very low under Bitcoin's old all time high from earlier in 2024.

Quote from: rodskee on April 16, 2024, 07:10:39 AM

but let me ask you this, what would this reaching will do to you?

It will be a nice profit in our bags if Bitcoin will reach 100k USD in 2024

Quote from: rodskee on April 16, 2024, 07:10:39 AM

are you a literal investor or just another that wanted a spam thread? better luck this mate
becaue we have so much of this kind recently .

I have asked a honest question but you just failed to deliever a good answer.

andyou1234

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BTC is a coin that has great formality and prospects in the crypto market, especially as BTC is one of the coins that is a formality for everyone, I think it is very possible that Bitcoin can reach $100, but this will not happen in 2024, considering the time The crypto market is currently experiencing a decline because there is a correction going on, and we don't know for sure how long this will last, but I am very optimistic that during the next bull run the price of bitcoin will break through the $100 mark.

rodskee

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Quote from: shitpost pioneer on April 13, 2024, 11:28:12 AM

Bitcoin is very bullish currently.
Not long ago, Bitcoin reached a new all time high proving its sceptics false.

Do you expect it is possible in 2024 for Bitcoin to reach 100k USD?

This Name of yours reflect to what are your intentions in this forum , if you will just surf
this very section , you will find how many threads that has this same questions and given so much
response already.

but let me ask you this, what would this reaching will do to you?

are you a literal investor or just another that wanted a spam thread? better luck this mate
becaue we have so much of this kind recently .

terrific

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Quote from: Best-mary on April 15, 2024, 12:24:15 PM

$100k is possible if we can see 73k due to ETF euphoria. Normally, BTC was meant to retrace an healthy retracement before the halving which could possibly kick fast the price to the speculative amount but then again, things came in too fast with BTC getting affected with war news causing it to go down quickly.

Totally agree, these retracements and dips that we're having are healthy. Everyone shouldn't take that negatively because it has to happen.

Quote from: Best-mary on April 15, 2024, 12:24:15 PM

I have keen my interest in BTC price movement since I started participating in bitget BTC halving competition. So I would say. We haven't gotten the healthy correction just enough.

You guys get paid by bitget by mentioning them on your posts? I just noticed that many of you are saying that a lot or it's only true that you genuinely into it.

Best-mary

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Quote from: Essential10 on April 13, 2024, 01:38:07 PM

Quote from: shitpost pioneer on April 13, 2024, 11:28:12 AM

Do you expect it is possible in 2024 for Bitcoin to reach 100k USD?

And in a few days Bitcoin will be halved. Today I saw the Bitcoin price going down with a corrections, last time I checked it was at $66k above. It is becoming very difficult to predict how much of a correction Bitcoin will take. I think with the way bitcoin has been going this year and the bitcoin halving, if bitcoin's correction isn't too big, it could be possible for bitcoin to reach $100k. But I am optimistic that Bitcoin will cross $100k in the next bull season.

$100k is possible if we can see 73k due to ETF euphoria. Normally, BTC was meant to retrace an healthy retracement before the halving which could possibly kick fast the price to the speculative amount but then again, things came in too fast with BTC getting affected with war news causing it to go down quickly. I have keen my interest in BTC price movement since I started participating in bitget BTC halving competition. So I would say. We haven't gotten the healthy correction just enough.

jaberwock

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Quote from: Essential10 on April 13, 2024, 01:38:07 PM

Quote from: shitpost pioneer on April 13, 2024, 11:28:12 AM

Do you expect it is possible in 2024 for Bitcoin to reach 100k USD?

And in a few days Bitcoin will be halved. Today I saw the Bitcoin price going down with a corrections, last time I checked it was at $66k above. It is becoming very difficult to predict how much of a correction Bitcoin will take. I think with the way bitcoin has been going this year and the bitcoin halving, if bitcoin's correction isn't too big, it could be possible for bitcoin to reach $100k. But I am optimistic that Bitcoin will cross $100k in the next bull season.

I think a correction can only happen once for each ATH. Maybe what have occurred can now be considered as a normal dip or due to the volatility of BTC. There is no need to stress your self to predict the price accurately whether negatively or positively because that is impossible to do and all here are only making predictions.

Correction can only become huge once it will stack but that can also lead for a faster increase of the price and once a major correction occurs, a lot of people will buy huge amounts which can also allow us to see a quick recovery. Next bull run can take time again to happen and with that long, you better assume for a price which is higher than $100k.

batang_bitcoin

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Quote from: GreatArkansas on April 14, 2024, 07:15:41 PM

Quote from: batang_bitcoin on April 14, 2024, 05:34:13 PM

Not impossible.
We're 60% already on it and there's got to be a slow moving until we reach $70k back and $80k. The year is still long and we're still on the 2nd quarter so there's more to this year as this is the halving year. If it won't be reached by this year and put that hope on 2025 as what many are saying that it's likely the time that we're going to see that the market will peak on this particular bull run.

You nailed it. Just think about how we were able to reach the current price of $60,000 from $20,000 a few years ago.
So, since we are in a bull market, I am really hoping forward the price action is really different already now, we can go parabolic run up to $100,000 just like a common thing in a bull market.
Just look how fast from $60,000 up to $70,000 when we created new all-time high earlier, and that's already $30,000 more for $100,000.

Yeah, while the others are being discouraged whenever they see that there's a plunge to Bitcoin within the day. But even with that, they know that it's going to recover no matter what happens and we're just a few thousands away and we know how impactful the halving is and that's why it's going to be possible that we'd see it this year and more confident that the upcoming year could even be more than $100k. We don't know but we're all hoping for that.

adaseb

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Depends how the rest of the year will go. As you saw the past couple of days, if there is geopolitcal risks like another war, then obviously the markets will tank. However if the year is stable, there are no surprises, Trump wins election, then I can certainly see $100K sometime in 2024 or early 2025.

We still got positive flows to the ETFs, and the GBTC flows are starting to get smaller and smaller. Most likely they are done liquiditing their assets and there is less sell pressure. Then there is a halving which everybody knows about is always bullish.

Topic: Can Bitcoin reach 100k USD in 2024? - page 8. (Read 2183 times)