Do you believe we will hit 100k in the next 3 months? - page 2.

aoluain

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Quote from: Poker Player on October 13, 2024, 10:47:53 PM

I am not sure. Surely the proximity of the elections and the outcome could affect the price and in these months could start the big rise but if we look at past cycles it could also start well into 2025. Cycle patterns do not necessarily repeat but they serve as a guide and it is more likely that this cycle will follow a somewhat similar price behavior.

So we are looking at ~$65k ATM and the US elections happening in ~3 weeks, I'm
calling a "buy the hype, sell the news" kind of scenario if or when Trump gets elected!

$100k before the year is out? really difficult to know, on one hand October and
November have been in the past really great months for Bitcoin, maybe what
we are seeing today points to the start of that.

Otherwise we continue going sideways for longer, because for the last few months
its been just that - sideways.

Iranus

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Quote from: bangjoe on October 14, 2024, 06:52:41 AM

Quote from: BABY SHOES on October 13, 2024, 06:30:51 PM

When the US election results are known, let's say Donald Trump wins this election, the possibility of demand will increase even more considering that I know Trump is very pro-bitcoin, so this could affect the price of bitcoin for the next 3 months, it could be $100K will be easy.

The middle east war could also affect the price of bitcoin... Some people believe the Israeli war and others have caused the bitcoin price to be stuck, honestly not sure about this but sentiment is always related to it if there is a decline.

So we can assume that $100k is very likely to be reached this year if we look at the current price movements, the trump victory could be a reason for bitcoin to get a lot of market demand because he supports bitcoin and becomes his promise in the campaign for the development of the bitcoin industry, then we are in Q4 the end of the year which is the time when it always gets positive sentiment for bitcoin price movements.

The war in the middle east is indeed becoming widespread, this escalation really gives fear to many investors to make purchases, the thing that needs to be utilized in such a situation is to buy, because I am quite sure that many people who are afraid are waiting for the war to subside then they buy and after that bitcoin has increased, so I think this scenario can be read in every bitcoin situation that makes the price stagnate.

If Trump wins but doesn't keep his promises, what happens to bitcoin? I wouldn't rule this out even though I'm his supporter. I also believe that if he gets elected, it will create immediate hype in the market but I don't think that will be enough to make bitcoin and the market explode. We need more catalysts and things will really explode if and only if he makes a statement regarding bitcoin after taking office as president. Only then can the market be sure that he has really changed his mind and is a real pro-bitcoin president, not just making empty promises.

I agree with BABY SHOES, I also don't think the war in the Middle East has a significant impact on bitcoin, it's all about our psychology.

bangjoe

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Quote from: BABY SHOES on October 13, 2024, 06:30:51 PM

Quote from: BITCOIN4X on October 13, 2024, 04:44:50 PM

Quote from: bangjoe on October 13, 2024, 03:06:49 PM

I don't think it will be difficult to say it because we only need to say that the words happen to speculate, you need to see the movement of Bitcoin fluctuations a few days back, which can get an increase of more than 5% in one day, it will potentially increase the increase at $ 100 levels k if one day can get 5%, we only need to wait for what big news will bring Bitcoin to fly in this cycle, because in my opinion to reach $ 100k we are less than 40% and it is very possible to be achieved in the next 3 months , as long as the world is in a state of peace.

The problem is, $100k is never easy to achieve without an increase in demand. Investors are obviously careful before investing their money in bitcoin because they consider various factors that could complicate the rise. The results of the US election can also affect bitcoin's performance, of course because the two candidates have different sentiments towards bitcoin. What we can expect today is a good performance of bitcoin, while we cannot ignore the fact that buying interest has slowed down somewhat.

When the US election results are known, let's say Donald Trump wins this election, the possibility of demand will increase even more considering that I know Trump is very pro-bitcoin, so this could affect the price of bitcoin for the next 3 months, it could be $100K will be easy.

The middle east war could also affect the price of bitcoin... Some people believe the Israeli war and others have caused the bitcoin price to be stuck, honestly not sure about this but sentiment is always related to it if there is a decline.

So we can assume that $100k is very likely to be reached this year if we look at the current price movements, the trump victory could be a reason for bitcoin to get a lot of market demand because he supports bitcoin and becomes his promise in the campaign for the development of the bitcoin industry, then we are in Q4 the end of the year which is the time when it always gets positive sentiment for bitcoin price movements.

The war in the middle east is indeed becoming widespread, this escalation really gives fear to many investors to make purchases, the thing that needs to be utilized in such a situation is to buy, because I am quite sure that many people who are afraid are waiting for the war to subside then they buy and after that bitcoin has increased, so I think this scenario can be read in every bitcoin situation that makes the price stagnate.

Poker Player

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I am not sure. Surely the proximity of the elections and the outcome could affect the price and in these months could start the big rise but if we look at past cycles it could also start well into 2025. Cycle patterns do not necessarily repeat but they serve as a guide and it is more likely that this cycle will follow a somewhat similar price behavior.

Sebas.tian

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Quote from: tread93

We are supposed to be in a very crucial spot right now where if history repeats itself in the cycle following the halving we should be jumping into new ATHs from October-December time frame. Do you guys believe that Bitcoin will hit 100k by then? I do think it will reach this height!

I don't think, the price will hit $100,000 before the end of December, because the price is still around $62,531 which it have a long way to go before holders will begin to see the price from the market but it will not going to be this year. I have the confident that the price of Bitcoin will increase higher above $80,000 in this year 2024 but it will not reach $100,000, because the bullish season started early this year to allow holders to release their Bitcoin which bearish season is no longer far from the market.We have two months and some weeks before the end of this year which it will be difficult for holders to experience $100,000, because many analysts have come up with some reason why bearish season may take place any moment from now.

bitterguy28

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Quote from: tread93 on October 04, 2024, 02:40:54 PM

We are supposed to be in a very crucial spot right now where if history repeats itself in the cycle following the halving we should be jumping into new ATHs from October-December time frame. Do you guys believe that Bitcoin will hit 100k by then? I do think it will reach this height!

how come that this is crucial when we are looking for another ATH? can we call this instead a excitement spot? and for me that is what this means in October after another Halving season .

Quote from: michellee on October 12, 2024, 03:36:48 AM

I am still not sure if Bitcoin will hit $100k in the next 3 months following to the situation now. But as we know that everything can be possible especially in the crypto market that can surprises us with anything. We can only prepare for anything happen and if we think the price will hit $100k, we can continue accumulating more Bitcoin from now on.

We don't have to worry with anything especially with the bad news and only focus to buy more and more. We can set alarm to ring in certain price level so we know when the price will moves to the high price. After that, we can place to sell Bitcoin at any high price we want.

let the bad news spread together with FUD, but that is just helping the market to grow more because people nowadays knew what is real score .

JeffBrad12

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Quote from: STT on October 13, 2024, 06:53:45 PM

Even after election whatever the result, less doubt will exist then but I dont believe we get 100k in November or December. Just getting past 70k and staying there would be enough for me to call it a win to the end of the year. I think the biggest clue for the next 3 months is the prior 9 months you've already seen, which is to say more of the same.

I still think that something is brewing with BTC. Currently S&P 500 hitting ATH, rate cut and so on, just feels the narrative is very bullish, I refuse to believe that by the end of the year we will just stuck with $70k, though worst case scenario, we might be having some sideways around $70k, we all know financial institutions keep buying BTC and the BTC ETF is really popular.
I think calling current rally as underperforming is still valid in my book.
hopefully $100k is real at the end of the year, BTC honestly could reach that easily if narrative fits, even recovery from $49k all the way back to $65k is possible, there are still hopes.

STT

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Even after election whatever the result, less doubt will exist then but I dont believe we get 100k in November or December. Just getting past 70k and staying there would be enough for me to call it a win to the end of the year. I think the biggest clue for the next 3 months is the prior 9 months you've already seen, which is to say more of the same.

We've had no clue to make us think otherwise so far, we can speculate but the grounds to say higher just yet are not yet in sight. The reason why I saw no to December especially is its a holiday month, on average the volume is affected downwards and lower volume doesnt say higher to me personally. I think we drift or as said at best beat 70k ceiling(s) maybe.

BABY SHOES

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Quote from: BITCOIN4X on October 13, 2024, 04:44:50 PM

Quote from: bangjoe on October 13, 2024, 03:06:49 PM

Quote from: sarmrakib on October 13, 2024, 10:18:58 AM

~Snip

I don't think it will be difficult to say it because we only need to say that the words happen to speculate, you need to see the movement of Bitcoin fluctuations a few days back, which can get an increase of more than 5% in one day, it will potentially increase the increase at $ 100 levels k if one day can get 5%, we only need to wait for what big news will bring Bitcoin to fly in this cycle, because in my opinion to reach $ 100k we are less than 40% and it is very possible to be achieved in the next 3 months , as long as the world is in a state of peace.

The problem is, $100k is never easy to achieve without an increase in demand. Investors are obviously careful before investing their money in bitcoin because they consider various factors that could complicate the rise. The results of the US election can also affect bitcoin's performance, of course because the two candidates have different sentiments towards bitcoin. What we can expect today is a good performance of bitcoin, while we cannot ignore the fact that buying interest has slowed down somewhat.

When the US election results are known, let's say Donald Trump wins this election, the possibility of demand will increase even more considering that I know Trump is very pro-bitcoin, so this could affect the price of bitcoin for the next 3 months, it could be $100K will be easy.

The middle east war could also affect the price of bitcoin... Some people believe the Israeli war and others have caused the bitcoin price to be stuck, honestly not sure about this but sentiment is always related to it if there is a decline.

BITCOIN4X

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Quote from: bangjoe on October 13, 2024, 03:06:49 PM

Quote from: sarmrakib on October 13, 2024, 10:18:58 AM

~Snip

I don't think it will be difficult to say it because we only need to say that the words happen to speculate, you need to see the movement of Bitcoin fluctuations a few days back, which can get an increase of more than 5% in one day, it will potentially increase the increase at $ 100 levels k if one day can get 5%, we only need to wait for what big news will bring Bitcoin to fly in this cycle, because in my opinion to reach $ 100k we are less than 40% and it is very possible to be achieved in the next 3 months , as long as the world is in a state of peace.

The problem is, $100k is never easy to achieve without an increase in demand. Investors are obviously careful before investing their money in bitcoin because they consider various factors that could complicate the rise. The results of the US election can also affect bitcoin's performance, of course because the two candidates have different sentiments towards bitcoin. What we can expect today is a good performance of bitcoin, while we cannot ignore the fact that buying interest has slowed down somewhat.

bangjoe

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Quote from: sarmrakib on October 13, 2024, 10:18:58 AM

Quote from: tread93 on October 04, 2024, 02:40:54 PM

We are supposed to be in a very crucial spot right now where if history repeats itself in the cycle following the halving we should be jumping into new ATHs from October-December time frame. Do you guys believe that Bitcoin will hit 100k by then? I do think it will reach this height!

Very tough to say that it could hit 100k within 03 month. Everyone assumed that it will hit 100k soon but the time frame is very tough to say. However we all know that how much btc is potential. Btc is growing up gradually and we have seen how btc break it’s own previous level itslelf. We can easily say that btc will break 100k for sure but i can't say the time frame. You are thinking it could be happen within three month but time will say that how market behave with us.

I don't think it will be difficult to say it because we only need to say that the words happen to speculate, you need to see the movement of Bitcoin fluctuations a few days back, which can get an increase of more than 5% in one day, it will potentially increase the increase at $ 100 levels k if one day can get 5%, we only need to wait for what big news will bring Bitcoin to fly in this cycle, because in my opinion to reach $ 100k we are less than 40% and it is very possible to be achieved in the next 3 months , as long as the world is in a state of peace.

Roseline492

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Quote from: tread93 on October 04, 2024, 02:40:54 PM

We are supposed to be in a very crucial spot right now where if history repeats itself in the cycle following the halving we should be jumping into new ATHs from October-December time frame. Do you guys believe that Bitcoin will hit 100k by then? I do think it will reach this height!

If several cycles use to be good from this period it will also be the same on this cycle and even if we have not started seeing it but the remaining months is still a long way to go and it could even happen that this cycle movement will start towards December, so if it happens that way it means that $100k will no longer happen again on this season, although one thing I really want to see on the year 2025 being the bullish season is if the price of Bitcoin will increase through out the season or it will experience another huge fall, so that's what I will like to see or do you think that nothing like that will happen on the bullish season?, I will like to no because I saw people who was talking about Bitcoin reaching $360k next year.

sarmrakib

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Quote from: tread93 on October 04, 2024, 02:40:54 PM

We are supposed to be in a very crucial spot right now where if history repeats itself in the cycle following the halving we should be jumping into new ATHs from October-December time frame. Do you guys believe that Bitcoin will hit 100k by then? I do think it will reach this height!

Very tough to say that it could hit 100k within 03 month. Everyone assumed that it will hit 100k soon but the time frame is very tough to say. However we all know that how much btc is potential. Btc is growing up gradually and we have seen how btc break it’s own previous level itslelf. We can easily say that btc will break 100k for sure but i can't say the time frame. You are thinking it could be happen within three month but time will say that how market behave with us.

CageMabok

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Quote from: Nothingtodo on October 10, 2024, 01:13:16 PM

If we consider these three months of October, November, December, Bitcoin can touch $70k if it is big but in 2024, Bitcoin will not exceed $100k. But in the beginning of 2025 Bitcoin will grow a bit but by the end of 2025 Bitcoin will touch the $100k milestone. However, experts are divided on whether Bitcoin will touch its 2024 peak of $74,000 in 2024.

This year with about two months left, it is still quite possible to expect a price of $74K on Bitcoin if the Bitcoin price correction does not occur on a much larger scale. But to expect a price of $100K before entering next year, I also still think that it will be a little difficult to expect because now the Bitcoin price is still in the area of $62K and above which is generally still quite far from reaching the $100K price level. But on the one hand, I also still have confidence in the growth of Bitcoin prices being slightly larger than this year next year, but I also don't know what price Bitcoin will be at at the end of this year.

LUCKMCFLY

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Quote from: JeffBrad12 on October 10, 2024, 09:10:09 PM

but overall none of that happening right now, maybe in 2025 we will see something different, but I'm kinda pessimistic to the idea of BTC reaching $100k in just 3 months.

It is understandable, but I start from a simple premise, in the USA a new president will be elected on November 5, there are many expectations regarding this, it is said that if Trump wins there will be a big massive pump in BTC, at least that is what many are waiting for, others say that if Kamala wins then the BTC will fall in price, even so, we understand that BTC is not an asset that responds to politics but to fundamentals, and that says it all, so for now it can influence, say no, in this sense we must be very mature in accepting whatever the market's designs are and accept things as they are, but everything indicates that in 2025 the best movements may occur.

michellee

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I am still not sure if Bitcoin will hit $100k in the next 3 months following to the situation now. But as we know that everything can be possible especially in the crypto market that can surprises us with anything. We can only prepare for anything happen and if we think the price will hit $100k, we can continue accumulating more Bitcoin from now on.

We don't have to worry with anything especially with the bad news and only focus to buy more and more. We can set alarm to ring in certain price level so we know when the price will moves to the high price. After that, we can place to sell Bitcoin at any high price we want.

Richbased

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Quote from: Jegileman on October 11, 2024, 01:53:38 PM

Quote from: tread93 on October 04, 2024, 02:40:54 PM

We are supposed to be in a very crucial spot right now where if history repeats itself in the cycle following the halving we should be jumping into new ATHs from October-December time frame. Do you guys believe that Bitcoin will hit 100k by then? I do think it will reach this height!

Can’t you see how the market is fluctuating. The volatility in bitcoin has reduced so much that it may not have that strength to reach that price by end of the year even though we eventually get into the bull mode. October was suppose to be a green month but unfortunately it has no direction and we keep seeing the price fluctuating up and down. This may also be a big sign that we can’t reach $100K by end of this year. So I’m not even thinking about that or anything else that will trigger it to make it happen. No sign of such and I’m not even wanting to hope for it to come.

So does it mean if the price of bitcoin wants to skyrocket now you will be called on phone and notified? come on: do you really understand what volatility means? sure the price of bitcoin has been moving back and forth for a while now but this is cryptocurrency we are talking about here, a news or a heavy in-flow can just happen now and you see the price skyrocket to an unbelievable heights so don't say you don't see a sign of bitcoin hitting @100k and that you ain't even hoping for such to happen, maybe you don't have any investment in bitcoin and even if you do, you lack confidence over your investment that's why you're being so doubtful. Saying that October was supposed to be a green month was just theory and not a principle.

Jegileman

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Quote from: tread93 on October 04, 2024, 02:40:54 PM

We are supposed to be in a very crucial spot right now where if history repeats itself in the cycle following the halving we should be jumping into new ATHs from October-December time frame. Do you guys believe that Bitcoin will hit 100k by then? I do think it will reach this height!

Can’t you see how the market is fluctuating. The volatility in bitcoin has reduced so much that it may not have that strength to reach that price by end of the year even though we eventually get into the bull mode. October was suppose to be a green month but unfortunately it has no direction and we keep seeing the price fluctuating up and down. This may also be a big sign that we can’t reach $100K by end of this year. So I’m not even thinking about that or anything else that will trigger it to make it happen. No sign of such and I’m not even wanting to hope for it to come.

tread93

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Quote from: STT on October 10, 2024, 05:33:31 PM

We resolved positively from 63k to 64.5k then bumped our head on the ceiling and fell down the stairs seemingly. When we cant even walk straight or climb over the obstacles in our path in short order as would seem reasonable to expect, how then can we ask about 100k occurring in the quite limited amount of working days or high volume days for BTC required before year end.

Its not happening in all likelihood yet its not fair assessment to assume we are negative either, merely protracted and delayed in any destination apparently.

Anything can happen who knows, it’s Bitcoin. It would sure be sick if it did hit 100k for a nice little Christmas present. I think there could be a chance that it does

JeffBrad12

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Quote from: STT on October 10, 2024, 05:33:31 PM

We resolved positively from 63k to 64.5k then bumped our head on the ceiling and fell down the stairs seemingly. When we cant even walk straight or climb over the obstacles in our path in short order as would seem reasonable to expect, how then can we ask about 100k occurring in the quite limited amount of working days or high volume days for BTC required before year end.

Its not happening in all likelihood yet its not fair assessment to assume we are negative either, merely protracted and delayed in any destination apparently.

this one align with what I think seeing the chart of BTC, price always swings, following the descending channel pattern, we'll talk about BTC reaching $100k once we break through.
if i'm being honest, market cap of BTC is already quite big, so a delay in reaching ATH is kinda normal, money need to come from somewhere else and usually BTC could get massive rally when there's right narrative and the retailer are also FOMO.
but overall none of that happening right now, maybe in 2025 we will see something different, but I'm kinda pessimistic to the idea of BTC reaching $100k in just 3 months.

Topic: Do you believe we will hit 100k in the next 3 months? - page 2. (Read 781 times)