Topic: Congrats to everyone for reaching $100K - page 2. (Read 834 times)

Or maybe this is just another sell-off, when people realizes that we might not get to $100k at the end of the month and so they they take profit and then look on the next month before we go to $100k. We still haven't seen Trump officially in the White House, and so there are still plenty of time for us to continue to pump the price next year January. Of course, this is reality, the US voters have spoken, regardless if they are business savvy or just a ordinary employee of big corporations in their country. So it could fuck up their business, but they can't do anything about it when the majority have spoken already.

Ok I get your point, I haven't been thinking about it like that. It makes sense that no matter what the momentum is, $100K was like this shelling point where people mutually agreed they are going to sell some. Maybe some put up sell orders that were literally dormant for an eternity on Binance and other more or less reliable exchanges. I thought with the right dynamic someone could make a big move, like Michael Saylor intentionally breaking through that barrier to immediately give psychology in the market the right turn. But as you said, many of those $100K orders could have just been placed because it is this one barrier where people thought if we reach it, I am going to sell some. And if many people do it even with small sell orders, it's quite the threshold to overcome for the market.

One problem could also be that the whales, the big buyers, mostly buy OTC? Or am I wrong on this one? Does a company like MicroStrategy buy on the open market or are they sealing deals mostly OTC?

"Now we even have people who had placed sell orders at $102K, $103K etc. who are getting desperate because the price just won't beat $100K and what do they do? Lower the price of the sell order. They put it a little below $100K and when the price gets close again it immediately goes back down."

That is true because they now already freak out they haven't sold at $98K and now they get nervous that we could see $85K again. I admit I was wrong on this one. Or maybe not wrong, but I was a bit more positive that the opposite of expectations for $100K might happen due to some big guys pushing through to add immediate additional value to what they already hold by signalling the market that the only way is going up.

I think ur gonna be a contrarian jinx and we'll get to $100K soon.

Txs for that.

What is happening now with the price is a simple consolidation before storming the moon.

Well one day one year maybe we get to 100k.

we need to face the Trump pump/joy is done.

and reality is setting in. Trump tx on China 🇨🇳 Mexico 🇲🇽 Canada 🇨🇦 is on the table. This may have caused the roll back as people realize Trump will be a disruptive force. Which could fuck your business not help it.

Corrections are a normal part of crypto or even any market, we experience it very normally and that's not really a shocking new thing. We have seen nearly 100k, some places even went above 100k, and we could see that it's doing fine right now, 93k isn't that much down. This was a small drop, it happens and we are going to see it recover and do better soon enough.

There were way too many people who are putting a big wall at 100k, they think it's a psychological barrier, and because of that they are putting all their bitcoins there, and that makes it harder to go up, and that means the down is the way to go, plus with the way we went up, the short futures were looking mighty profitable, so many people wanted to take that.

Thank you.
Even if we do not reach 100K this year, probably we will reach 100K in 2025. We were too close already. But as it is a big selling point for every investors, people started to cash their profits and we were not able to reach the 100K even though we touched 99.4K. I am not a big holder. I have been saving my signature incomes for a while and I have a couple of thousand dollars now because I decided to hold them. I am glad I did not sell them and did not gamble them online. I sold a portion of my holding at 97K a few days ago and I am okay with that. My target was 100K and I did not wanted to miss the opportunity.

Yes, we are so close but that will not stop Bitcoin to increase higher after this correction. Thise correction is just for temporary although the down is about $4,000-$5,000 from the last high price. We must hold for some time but we can also buy back more Bitcoin in this correction moment so we can have more Bitcoin. We don't have to panic with the correction and we hope people out there will use this time to accumulate more.

I guess the price can hit more than $100,000 before year is over. So we can wait for that while we are prepare for the next thing that can happens. We need to enjoy the ride and no need to feel stress to see the red candle appear in the market.

Well we were just so close to making the price point of 100k. I do think we all did think it was going to happen. But now there is a small correction back down to price of 94k.

But we must still hodl and I think we will see price of 100k before year is over. The Kalshi market does say there is 85 percent chance we will see this price before year is over.

https://cointelegraph.com/news/btc-price-odds-85-chance-100k-bitcoin-new-year

I don't think we will have to wait that long, what was clear is that $100K is a difficult barrier to beat and it is something I have repeated ad nauseam in several threads years ago. If you look at the books, around $100K an awful lot of sell orders are placed, as we have an example in the thread:


As I knew how this was going to be I made a small sale at $90K and I will not sell more until $110K.

Now we even have people who had placed sell orders at $102K, $103K etc. who are getting desperate because the price just won't beat $100K and what do they do? Lower the price of the sell order. They put it a little below $100K and when the price gets close again it immediately goes back down.

But as soon as we clearly pass $100K there will be a big green candle, and I think it won't take long.

I know it was said here that BTC might correct a good bit if it hits $100K. I thought it could have been quite the opposite and just break through and it continue going up, but now there was a minor correction. Whether this will now end in a long sideways and new FUD come up or not, who knows., but I thought it wouldn't. Maybe the effect that the Trump election had was stronger than anticipated. I thought most people wouldn't take too seriously what he has to say about BTC. Or some institutions and billionaires know more than others and had good reason to load their bags.

It was quite a healthy upwards trend with tons of volume and yet it went up and up. Now maybe potential buyers wait for the next Trump announcement until January 


Yes holders get and got spoiled quickly because some would call it a weak year for BTC if it only goes to $150K, but a 50% return at this stage is still amazing. It's possible that some other governments will come forward and announce plans that BTC will become an important national issue. But the potential is there for BTC to have many great years ahead of it and ahead of us. If the US government makes some of their words true, then this is just the beginning of big players joining the game.

That's true, being able not to sell during the bear season expecially the last circle was a thought decision to make, Because having bitcoin in your portfolio climbing the ATH of $69k back on Nov. 10, 2021 and watching your potfolio dipping down to even $16,796.98  during the late Dec 24, 2022 and $20k during January 2023. and now seeing $99k it's a big milestone crossed. I it's an unforgettable and or memorable moment that one will never forget. I will otherwise say it's the hight of endurance limit. it's a big dream come true for those that was able to withstand the hoddles believing effortlessly and retenlessly that it will cross the path. indeed the HODler deserves an accolade.

it's seems bitcoin is taken more time than expected to hit $100k as presumed 4 days ago. but however Crossing the river will not be a big deal after crossing the sea.

Excitement is everywhere now – every one of the holders has probably realized that their portfolio in bitcoin has been giving them good returns. $100K will be hit soon - so I'm sure any of those who have been patient will get enough excitement and celebrate with a big party. We obviously expect more prospects - as I expect a $150K hit during 2025.

But the most important thing for me today is - bitcoin investment has provided worth it returns for everyone. Holders are happy and so many traders are really excited to tout their profits. Most of those who sold in the area under $80K will regret it - while they will start to hesitate to reinvest.

Lol, but I do not see anyone being a jinx in the market. It's just how it moves, so far we are really that close in breaking that $100k, but we are still just a couple of hundreds of dollars but I will say that tomorrow it might have broken it. But now it looks like it went down a bit to $97k. It might be good though, at least we can still get and squeeze some profits.

Anyway, there could be some who have made a sell already, take profits and now relaxing. We still have a full week this month to accomplished that 6 digits. So time is our side now, unlike before, wherein it took an eternity to see the price just to break $70k. So just think about it and maybe this week we will finally have that $100k,  .

yeah gotta have some fun with this .

i did a three step sell ladder

99.89k
100.10k
101.10k

so maybe  i jinxed it not you.

I missed the 99.89 sale by under 100 bucks. so it could be the real jinx

No way! 4 years ago it took about a month from the time I opened the thread until ATH was beaten. Now I expect it to be much less but resistance around $100K is normal because it is a round number and because of the significance of the figure. There are lots of sell orders at these levels.

But I love that covert way you have of calling me a jinx, lol.

hmm starting to sense jinx action.

you as a poker player
should
“ know when to hold them
know when to fold them
know when to walk away
and know when to run

you never count your money

there will be time enough to countin
when the gambling’s done”


thanks to the late great kenny rogers for those lyrics

and maybe just maybe Poker Player has counted and predicted a bit too soon.

I don't know about you guys but what if something funny happens with the way our expectations are as high as a skyscraper, something funny like the price suddenly drops to $95k till 2nd week of December before it starts getting back to $99k and at the last week of December that's when we see Bitcoin price hit that expected $100k. Just thinking about it now not that I'm not happy about BTC getting to a $100k, but what if it happens that way?😁

we already touched 99300 thereabout so there are chances that it may not exceed this very night.

I believe there will be a merry between investors who managed to hold through the storm.

All the way to 100k

$300k? let's go!

It truly is.

And wait, I remember something with your username. And that's likely this market alone will have that euphoria but I am not seeing it yet.

 

same as me, this is a historic moment, i prepare coffee and fry tofu for this historic moment... $100k is just around the corner