Topic: Going to sleep, wake me when it's $100k - page 2. (Read 1900 times)

Corrections can come at any time, but they also could be fake out corrections that do not really give those who sold at around $100k to buy back with any profits, so I can really see bitcoin going into punishment mode, which means up rather than down.. not ONLY punishing those who sold at around $100k but also punishing those who fail/refuse to buy bitcoin.

In the end I don't really know, yet at the same time, I know that no matter the BTC price, I have always been telling folks to make sure that they are prepared for UP, and to stop overly preparing for down that might not happen.. .and the last month and a half has been quite punitive to those who had been failing/refusing to prepare for up.

Sure  we got a bit of a correction into the $89ks right before crossing above $100k, yet there were likely a lot of folks who were greedy, and they wanted more and more and  more, and they failed to either buy or to buy back if they had sold, and so they are likely going to get punished... even though it is not for sure that they will get punished, because there are always chances for a correction, yet it is not a good idea for anyone who is short on their quantity of corn to be failing to buy BTC because they are waiting for such corrections that might not end up happening.


Part of the reason that some of us (perhaps just me?) were telling you (Sexylizzy2813) in September to be buying bitcoin rather than waiting for dips that might not happen... but you were too busy talking and whining about down and even predicting more down, so even if you did not end up selling some or all of your BTC to anticipate the dip (that did not happen), there can be similar kinds of problems and dymamics to be failing and refusing to buy persistently, consistently, ongoingly and perhaps even aggressively...

Selling and failing to buy are similar phenomena.

So the fault of many normies is to fail/refuse to sufficiently and adequately prepare for UP, and if the normies are not constantly buying bitcoin for 4 years or longer, then when UPpity BTC price times like this come, these same folks end up having to pay way more for whatever bitcoin they end up getting (in the event the choose to convert from low coiner/no coiners into coiners) that is if they even ever end up getting bitcoin.

I can't see how the victory Trump had was the reason for Bitcoin price to start moving forward to a bigger figure of 6 digits, I don't care but to be honest, I'm like the way Bitcoin price has been rising since the last 2-3 months and this very month has the holidays and this is the best gift Bitcoin has given to all crypto lovers.
Bro, we're not yet done with 2024 or even to see how 2025 would be like and how the market price would be like and you have already ran to 2026? To say the truth, I don't think that amount would be possible by 2026, I don't onow what to say about that nit let's keep that aside and imagine what 2025 would bring.

It's just 2 hours from here before the end of today; nothing is impossible for the price to perform, but the chances of getting that $110k seem to have been reduced. Probably that target might be hit tomorrow; if the buying pressures continue the way they happen today, then we will arrive there. We have already touched $107,700 today and are currently at $106,100 as of the time of this post.

We just need another little push up of $4000 to reach $110k, which I think might happen in the early hours of tomorrow.

There is little chance of bitcoin hitting $110k today in my opinion, but it's still possible to achieve it in the next day if bitcoin is able to maintain its current price range. Strong demand so far has driven price increases which I think are quite significant, but you are certainly right that we still have to think that a correction may occur. I'm not sure what the price will be at the end of the week, but if $110k can be hit today or tomorrow, then we can expect $120k to be hit soon.

$110k by the end of today, might even be in the cards, though we ONLY have 7 hours remaining in today's candle if we go by UTC.  We might get to touch upon $120k by the end of this weekly candle?  And who knows if the price would be stable at those prices or have a few bounces up and down, yet what seems to be our ongoing upwards price pressures is nothing to sneeze at..

You said very well that Bitcoin will give such a maximum ATH which was a surprise. The way Bitcoin has inevitably changed its trajectory after Trump's victory, we can imagine that there may be a big opportunity waiting for investors by the end of this month. I think everyone should join this Bitcoin bull run and invest for the long term. Bitcoin is moving forward with its initial benchmark and has the potential to exceed $250k in 2026. We need to plan properly and implement our investment for the long term because Bitcoin is volatile and if the market falls at any time, you may not get good returns in the short term. So we need to build our own investment portfolio through long term and take advantage of achieving a high return.

When I saw it last it was $105k I never knew it went up to $106k, if it continues like this we might see it rise to $115k before end of this year because it hasn't left $100k whenever the price is dropping so the hope is still alive. I think instead of some individuals to be under pressure, some might be confused on weather to sell or buy since the price has gotten to the $106k like you said, some may think the price will drop to $100k, nobody wants to lose. Those who bought Bitcoin at $99k will be smiling too.
Never will this positive movement be the end, it hasn't started to make a productive move yet, this is just the beginning, the expectation is very high since the price got to a new ATH.

While many are dreaming of selling at 100k, there are also many who are buying Bitcoin at this price. Although the price of Bitcoin is currently approximately $103,000, it has risen to a maximum of $106,352. At the current time, there is a great possibility that the price of Bitcoin will increase further. That is, we may soon exceed the price of Bitcoin by $110,000. Especially in December, a big rise in Bitcoin is possible and next year too, since there will be a big change in the price of Bitcoin and the market will be bullish, it is better to hold Bitcoin rather than sell it. The price range of Bitcoin has crossed $100k and we will be able to see a new price movement. For those who think this is the end, I think this is just the beginning.

It's now I'm really going through what you said here. Sleeping in a creek hotel without a paddle? How then is we gon' wake you? Or if we manage to, how will you access your way back?

 We're seeing progress in Bitcoin price for now and it has gone out of the 101-103k region and hit $104,532 as at time of writing because we saw it hit $105k. Is it possible that we can see it hit $110k before the end of this year?

Sure anything can happen, yet think of so many folks selling from $70k to $106k and expecting to be able to buy back 15% to 25% or even lower than their sales price, and then the BTC price does not even come close to their ability to buy back at their target price, and they may well end up whining like a little  baby because they are trying to trade the best asset known to man...and they don't even have close to enough BTC, and they are fucking around trying to trade it.


Think about how many dumb twats (likely including you) who had sold around the $100k arena, and they are planning to buy back because they either think that $100k is a high price or they think that price drops are inevitable or they think that they know something about BTC price dynamics.

Do you think that the market wants to reward all those dumb twats who thought that they were smarter than everyone else and they were going to end up with more BTC because they had it all figured out, but instead hopefully they did not sell too much of their BTC and end up with diddly squat, when they may well did not have enough BTC in the first place.


Yes.. .we've been here many times in the past, and sorry for your loss (not) since you likely sold too much too soon, and you are expecting to buy back cheaper and you are praying to be able to buy back, yet the odds are likely quite against you .. at least way more against you than you previously had speculated that you would be able to make a killing... which is not playing out too well, and you should know better, especially since you have been registered here since 2015..

You should not be trying to sell and to buy back cheaper, even though surely you could sell some at various points along the way up and not have to worry whether the BTC price drops from your sales point or not.

Hopefully during your times in bitcoin you have been able to at least maintain returns on your BTC, and not be screwing around trading.

Just think about it.  A guy who got into bitcoin 9 years ago like yourself, if he had invested $100 per week, he would have had invested $47k and he would have about 15.75 BTC, so he should not be needing to sell any BTC, and he would be in pretty good position with such a stack and such returns.

He would have a portfolio that is worth $665k according to the 200-WMA and $1.65 million according to spot price.

That would be a pretty good place to be, and I hope your performance has been at least as good as that with your seemingly ongoing desires to trade rather than to just buy BTC and HODL through volatile periods.


That's true.. Holding is good, and perhaps even continuing to accumulate depending on how new a person is to the BTC market.  Frequently it takes at least a whole cycle to build up a bitcoin stash, and perhaps even longer than that, depending on whether a person might have been able to frontload his investment at earlier times...which most people are not able to frontload their BTC investment.


You trying to trade this sounds dumb.  have you been trading BTC over the past 9 years?  How is it working out for you?  Have you been able to beat a simple buy and hold strategy including a strategy that continues to buy and hold until getting enough or more than enough BTC.

Who are you suggesting to trade their BTC?

Do you realize that an overwhelming majority of the world's population does not have any coins or even close to enough BTC, so why should they be fucking around with trying to trade, rather than just buying regularly until they get enough or more than enough?


Sure, corrections might happen at any time, yet we might get in the $120k to $180k range prior to a correction happening, and it does not even meant that a correction would go lower than current prices, so I doubt that a waiting strategy is ideal for all people unless you are presuming that they have already accumulated a lot of BTC, yet most people are not in such position of having had accumulated a lot of BTC...so they still likely would be better to employ a buying strategy rather than a waiting for the dip strategy.

I see a lot of unwarranted presumptions in what you are suggesting.

How did you start your investment journey?  Did you start in late 2015 or did you start at some other time?  Did you know where the price was going to go at that time too?  or in recent times, you just became supposedly smarter about figuring out where the BTC price is going to go? 

$60k or 50 or even on 30 then anything could happen when we do have that kind of correction and it did really happen in the past on which simply implies that there's that possibility to happen but of course there's no one will really be able to know on how deep it will really be able to go down. We are currently playing around 100-100+ price on reaching out a new all time high but im already anticipating for some correction considering that this market isnt really always talking about pumps. Somehow when it comes to various sentiments and events or news around then you can somewhat tell that it might not really be that seriously going down, but who knows? For those who had been holding then these movements wont really be that much of an issue or could worry them. The important thing on here is that you do have some enough USDT or stable coin on which it is reserved for making up some buybacks on which this is the most ideal step to make. We have already reached up 100k. So whats next? $150k price will be the next target on which we are already that heading on bull run period then its achievable or even more. So its not that a bad idea to make up some investment on this current price point but cant blame out people if they are holding up their positions on accumulating even more on which they are aiming for that correction but actually we dont really know on when it would happen. So it will be just that depending according into your risks management.

OP I hope one of your eyes are open because we have another new ATH, $104k and now $105k (currently). Things with Bitcoin will always have a profitable way of surprising us even when we feel the market price would drop to something low, Bitcoin has a way to make it favor investors. Those who are planning on selling when Bitcoin price dropped to $100k and $99k I believe is time to reconsider your decision, this last month of the year will always give the green light and $110k to $120k is another target, the last month of 2024 has given us a good account of itself. OP is time to wake up.

You are likely going to continue to be wrong, unless you start to consider that bitcoin could get to $1 million this cycle, then you start to get the right parameters in your head, even if bitcoin does not end up getting up to $1 million this cycle.  To realize that $1 million for this cycle (even if a bit of a long shot) is within the realm of possibilities may well help you to understand (a wee bit MOAR better) the asset class that you are dealing with.

For sure many of us who have been investing into bitcoin might not have had been counting on bitcoin to go up, yet when I started buying bitcoin in 2013, I thought that it had considerable upside potential, but I was not going to count on it for sure to go up..  At the same time, I thought that if it could at least equal the historical returns of my other investments and at least keep up with inflation, then I would be happy.  So I thought that a 6% CAGR would be sufficiently successful, and surely since late 2013 bitcoin has returned somewhere in the ballpark of a 75% CAGR.. at least for me and the way that I had invested. So everything above 6% per year has been icing in on the cake... and there is a BIG difference between 6% and 75%, especially when compounding every single year for the past 11-ish years.

Michael Saylor and MSTR project that they believe the CAGR for Bitcoin will slowly go down from where it is now, and likely have a CAGR of around 29% by the time we reach 2045-ish.

Even though such projections are not guaranteed, slowly diminishing CAGR seems more than reasonable to me, including that we are likely going to continue to experience explosive upward and downward periods along our journey to 2045 and thereafter, so we are not likely going to get any kind of a smooth returns, unless we might consider using the 200-WMA as our measurement of value and our measurement of where our bottom for BTC prices might be...

So the 200-WMA is currently just over $42k and currently moving up about $40 per day which would still be on pace for around a 36% or more return on an annualized basis..and perhaps even getting some higher returns this year, but who really knows for sure?..  even the rate that the 200-WMA goes up is not exactly steady, even though historically it has continued to go up at least 20% per year minimum... and not even that is guaranteed, even though we might get some ideas from looking at something like "bottom prices" and having ideas how to deal with such indicators and the dynamics that they might suggest to be present within bitcoin as an asset class.

OP, what you wrote is kinda funny to me, because I have a habit of taking very long naps, and often when I wake up (especially during times of high volatility in the markets) bitcoin will have jumped halfway to the moon--if there was a general trend upward beforehand, that is.  

Today I wasn't sleeping, however, and I've been watching BTC rise and rise above $100k.  To say the least I'm finding the price action to be fascinating but a bit scary as well.  I'd hate to see a repeat of 2017, you know?


Lol.  I was one of those people who kept saying "bitcoin won't get to $X" until I was repeatedly proven wrong.  But damned if I ever thought it'd surpass $100k in my lifetime.

That's what has been said, when we reach all time high in 2017, that we won't get passed $50k. And it's obvious that in the last bull run we not only surpassed $50k, but did have a new all time high at around $69k.

So for the reasons that "we need something bigger", just wait and see, when you least expected, there will be a news that will influence the market. Just like this year,

- Bitcoin ETF (pushing the price to a new all time high, pre-halving, first time in history)
- Trump winning, so another all time high has been unlocked

And maybe in the future that will push the price to it's highest this bull run

- nation making Bitcoin as strategic reserved

You seem to under-appreciate the amount of demand that is ongoing with bitcoin.  Sure it is possible to that we get further dips, yet that seems to be a less likely scenario...and even if it drops, that should signify needs to buy. 

Since you have ONLY been registered on the forum for less than 2 years, I would hardly imagine that you have been able to accumulate enough BTC in that time, unless you happen to be able to front load your BTC investment.. .. ..... so in other words, you should be more than happy if the BTC price were to fall so you could get some more at cheaper prices, rather than if it goes up then it will be harder to get more.. .. so I really doubt that there are needs to fear stagnation at or around $100k for newbies to bitcoin...   

A more likely scenario is that BTC prices are going to continue to go up and those folks who failed/refused to stack enough are going to have to pay more for their sats, which I would think that an overwhelming number of folks in bitcoin for less than 4 years would be likely to be in such a place... but hey, maybe you are an exception to that general situation that I think is the case with many regular folks (normie newbies).

I don't think that 104k is the peak price of bitcoin this circle because next year is also part of the bull run and maybe, Q4 of 2025 we might start the bear market. There's a lot of good news that will pump bitcoin price, especially if all the promises Trump said about crypto during his campaign is fulfilled when he gets into power. I have much believe that the price of bitcoin will pump higher by next year. The price correction that we are having is normal, have you forgotten when bitcoin price touched 99k+, as the highest price, and there was a correction for almost three weeks.

Many people gave up on the price of bitcoin hitting 6 digits due to lack of patience, and I read one nonsense that someone said it was because most hodlers have set their selling price at 100k, that's why bitcoin will not hit 100k till next year. Bitcoin proved them wrong and hit 104k. So don't bother about if the price is will pump above 104k because of the price retracement, it is for bitcoin price to go above 105k.Just keep on stacking. It's already 100k.

I do not have a problem with the market recovery but my fear is that we should not get stranded at $100,000 by not being capable of passing that price. We might not be leaving this price range for a long time because we will need something bigger than what has already happened for the price to continue to go up. The increase is inevitable as we will not stay in this price range forever but the duration it happens is what matters because the sooner it happens the better for the market as it gives it more opportunities to increase further but if it happens late then we might not see bigger profits in this bull market. While this is going on we should not receive any bad news as that will cause the price to fall and we might go below $90,000 again.

going below $100k like we've seen it happening is nothing bad. We've seen Bitcoin revolving around $60k months going towards $70k and then dropping back and took that trend for a while untill it got to a point where it went up straight to $100k. This is going to be the similar thing that we will keeping experience at this mark. It's going to keep revolving around $100k to $110k and at some point fall below $100k. It will take Bitcoin getting to at least $130k to $150k before we can comfortably say that we won't be seeing a correction that's below $100k.

If you've observed, it's been like a pretty constant ride even at $100k and above or at the $98k we've seen it stoping at in most cases. If you're still buying, you can still continue to buy at the different price range and it will still look okay and if you're holding above these range, it's just better to ignore these correction and watch the market go pass this phase.

I actually have similar thought because that is the nature of the market, after massive movement comes moment of consolidation, although we may not know exactly how long that will take but for sure, it is a wonderful time to continue collecting more Bitcoin. I remember when we had the "don't wake me up range" that lingered for several weeks, it was a result of a massive dump that was followed by a correction that put Bitcoin into that range. This time we may likely not have such situation because next year is looking like a great year for Bitcoin because of the new administration of US that is seen as pro Bitcoin.

Next year might be characterised by countries dragging who will hold the highest Bitcoin and we already know what this will mean to the price.