Topic: Going to sleep, wake me when it's $100k - page 5. (Read 1900 times)

Good luck to the dumb twats selling at or around $100k considering $100k to be such a BIG deal, and surely some times some of the sell walls are fake and trying to get others to sell, and other times, the sell walls will get eaten through, and then what the fuck is going to happen?  No one has any coins left to sell because they sold most if not all of them at or around $100k.  We've seen this play out before at round numbers, several times, including but not limited to the BTC sales at $1k and also the BTC sales at $10k (especially the first time passing through it).  You think that this time is different and the dumb twats selling at $100k are more enlightened than those who were selling at $1k and $10k and expecting to buy coins back cheaper..

That is the other part that a good number of the dumb twats selling BTC at or around $100k believe that they are going to be able to buy back cheaper, anywhere between $30k and $70k.. and it could well be the case that we never see those BTC prices again, and it could be the case that we never see below $90k again.. so where are they going to put their buy orders to be able to buy back, exactly?

and is it really worth the risk to sell coins and to be left without any coins while the BTC price is going up? 

Let's say that a decent number of these guys have coins with average costs between $30k and $50k?  What good is that going to do them? they end up with 2x to 3x profits? Is that even good in bitcoinlandia?

How about the long term BTC holders who have BTC costs below $5k, $10k or $20k?  Why would they specifically choose to sell their coins at $100k?  Maybe they might shave a bit of profits off at around $100k, but selling large portions of their stash and running the risk of then increasing their costs per BTC rather than their already having a good cost per BTC?  Why would they want to run the risk of increasing the cost of their BTC or ending up with way fewer BTC?

I doubt that there is very much smart money fucking around with selling large portions of their BTC at or around $100k with an expectation of buying back cheaper, but hey whatever, guys can do whatever they are going to do...including if they may well end up selling too many coins too soon, and that is something that we frequently have seen in bitcoinlandia, yet sometimes it can take a bit of time before a guy realizes that he sold way too many coins too soon (sometimes it takes 2-4 years or longer for the guy to figure out that he sold too many coins too soon), and he was not abler to buy them back at the target prices that he thought that he was going to be able to accomplish because he was smarter than everyone else and he knew where the BTC price was going to go. 

Maybe this time is different, and these guys selling coins at or around $100k are going to be able to buy back cheaper and not end up in a waiting loop (with no coins or hardly any coins) that does not pan out?  perhaps? perhaps?  I have my doubts... but sure, they might get lucky, this time.

Just wait until some good news appear then BTC can easily breakthrough, but the main reason why BTC just hardly ever touched $100k is because there's so many people opening up position to sell at $100k, see in binance and coinbase, it's thousands of BTC being put there and even more, some people  who trying to take profit and realize their gain, will definitely put their order below that since they want to get ahead of them therefore the big resistance at $99.5k, I mean to be fair $99.5k is the new $100k these days, just $500 off so it's understandable people just going for it .

just see this wall at $100k in binance, this without considering other exchanges as well, though may seem miniscule, but I'm sure there are people who don't set sell order at that price but will also dump.

This price of $99588 is the highest price touch in the history of Bitcoin. When the price of Bitcoin touched this price, I naturally thought that maybe Bitcoin would touch 100k dollars at this stage, but so far Bitcoin has not been able to touch the desired 100k dollars. At the end of every day night comes and before I go to sleep I watch the market and keep thinking that when I wake up I will see the market above 100k dollar but nothing like that happened till now. The market is regularly fluctuating above and below $97k to $98k. But the positive thing is that we do not see very negative changes in the market, so maybe very soon we will see two strong candles and through these two candles, Bitcoin will touch 100k dollars by creating good support in the market.

Getting to $100k won't happen today or tomorrow like you said but the expectations are very high and with the recent amount we have seen it seems something big can happen this very month, the last month of the year 2024 can be productive since November got us to this countless ATH it seems we might get to $100k before the end of this year and I'm not thinking of Bitcoin price to get to $100k next year but before getting to 2025 we're seeing BTC hit $100k or more than. I'd say let's see how positive December is before we start jubilating to see Bitcoin price hit $100k.

Bitcoin price will hits hundred thousand [100k] and when looking at it very well you will see that bitcoin price will definitely reach hundreds thousand, but is not something we can expect neither today or tomorrow, so looking at the way forward you will understand that such thing can take place when bitcoin price at ninety thousand get stronger and stronger, so for now I'm not expecting bitcoin price to increase to this level, because looking at bitcoin price you will know that it may hit expected price people wants during December period or early January 2025

It's still very close, we shouldn't lose hope and I am sure that we are going to get it soon enough, it is not going to be easy but it can be done and we should consider how 100k and aftermath will happen. If we were to consider how this could change in the future, and if we think that 100k could be broken which we all do think that, then we should consider what's going to happen after that too. Will it reach 120k and bounce from that? Will it reach 150k? How about 200k?

We need to consider all of these before we make a decision. I for one do not think that 200k is as psychological break as 100k is, so if we can break over 100k, then it should be easier to break over 200k and that will not be all that hard to get to that level.

If we're going to wait I don't think it would be for long anymore because as of two days back Bitcoin price has started bumping but not as fast as it did last week. This month is better than previous months in terms of the price dropping and going up, I'd say this very month is more productive than September and October. Since we can't predict the movement of the market price is what makes Bitcoin more special, everything that happens comes with a huge surprise. While looking at the market price it still has that little temptation of making us to be among those who are selling and when we're suppose to hold it requires a lot of patience.

Just when we all thought we are going to see bitcoin hit $100K, we’ve been waiting for up to a week now and it’s yet to hit that mark. It’s even gone back to as low as <$91K which is what we never expected to come around after that bullish move that saw it breaking all time high hours after hours. What could be the reason for not crossing yet? Could it be that it’s also gathering momentum to help it push and break this significant milestone we’ve all been anticipating for. Time will tell about em though, we still have some time to end of the year, hopefully it reaches and cross $100K before the year ends.

If someone targets $100k for Bitcoin that he has been holding for a long time, it would be a shame to have to go out and sell his investment before reaching his target.
I have no problem with investors selling their Bitcoin. But I am sure investors have an investment plan with their target. If the condition cannot reach the target, why not wait longer for the target to be met? We are very close to the intended target, so be patient, and don't be easy to sell now. We are still in a good trend, not a bad market situation.

Well, I guess we’ll have to wait a little longer since the market seems to be dipping again. I hope I was wrong, but I don’t think $100K is within reach this year. Of course, I’m staying optimistic and hopeful, but as we’ve seen, the price is starting to drop again—looks like we’re heading down, just like in previous months.

Market volatility still exists, and the trend remains as unpredictable as ever. For now, the best thing to do is to watch closely and make decisions based on the situation—whether it’s time to sell, invest, or hold.

To be honest, I do not think much about the correction because that is always happening and only happen for temporary so I can accept that without worry. Like today, after Bitcoin gets correction and goes down to $92k-$93k, the price starts to reverse and now the price is at $96k. It's only happening for a few days and the reversal has come.

Yes, I agree with your suggestion to buy Bitcoin carefully and always check and analyze the position of the price so we can know when to buy. Hopefully, the price will not get correction below after this rise of the price and only increase and break $100k.

Not yet, who woke you? We never crossed the anticipated price so you are not expected to be awake, go back and shove yourself back to sleep. Do not be in a hurry and probably lessen your doubt even for the market as respecter of no body we still have our own course to talk about what we expect from the market, slightly moving against what and when we speculated should not lose us from our own terms.

Let's enjoy the little correction happening, the moment we are done, it takes just a few hours before we conclude on our target. Go back to bed, no points is proven if you decide to wake at this moment, it was supposed to be for a while and the time is not yet up, definitely $100K will be touched even with a great bids surpassing what we have in mind.

It will be a bit lower than 86k, and i predict it will reach 84k. I have identified 4 demand zonze for bitcoin to reach until the end of december. The first was 92(done), 84k, 72k, 68k, then it will bounce back.

Holding the support zone doesn't always mean if it's bullish. Sometimes, bitcoin has to get the next FVG area, then it will go down even further. We will be experiencing lots of zigzag during bitcoin decline.

I think it's impossible to reach 120k this year, but very possible to expect BTC to surpass 100k, then reach 120k next year. Bitcoin's chart looks bearish at this moment. Keep patience waiting for the momentum to re-entry.

It’s good to become optimistic but you should consider the correction part since it’s always happening on every asset that experience a continuous rise for a long period of time which Bitcoin is not an exception.

I’m suggesting to buy with caution since there’s a lot of buying opportunities that will happen because Bitcoin already hit a significant price wall. I’m not saying it will not break 100K but we might experience more price correction below 90K which is better buying price rather than FOMO buy on a price that already in correction after hitting ATH.

Yeah, we all are waiting for $100k and willing to wait for more because the big profit is in the front. It is better we continue accumulating more Bitcoin because that will give us more chances to make more profit. We don't have to worry with the price down even now the price still at $93k but we must prepare for the rise of Bitcoin. Maybe that will not have too long because the last ATH was about $99k so that can happen in the next month or in the new year. But this day, the candle is back to green so there is a chance for the price to get a pump in the next week.

Waiting is all we have to do but for the investors or those ones who are holding I don't think some of them can wait since Bitcoin price has been dropping and we almost had it at $89-88k, so do you think they can wait? Patience is what many lack and is another thing that causes panicking to arise, it makes many to start sell and believe some have sold since 3 days back. I still believe the 6 digits you talking about is going to happen this year 2024 and nothing is going to stop it, for now we still have few days before getting into December and that's  the month we're going to get to $100k+. I just hope this dream we're talking about doesn't turn out to be a nightmare where the price will drop to $80k.

I do not see that it will take that time to reach $100k as per the OP. We might be in the bear market by 2028 or another super bull cycle like this one. But in any case, it's maybe  that the OP is having some fun, waiting for the $100k as we almost touch it, at $99,500. It's goes like a saying, it's near but yet so far, but then we can't do anything about it but to wait and that's why most of us are doing right now. I also thought that we could really get it at the end of the month, but there are a lot of sell orders already that could have been triggered in the last 24-48 hours and so the market goes on another correction. So just take it in a positive way and think of it as another way for others to get in the market and join the fun and then maybe next year, we will finally see that 6 digits that we are all dreaming off.

OP I don't think you should continue sleeping any more because Bitcoin price is going to a very long journey that before you'd wake we might be in the year 2028. This isn't healthy to those who are holding because instead of gaining things are falling apart and ever since Bitcoin price got to the new ATH it hasn't gone up rather is going down with $92k as the current price, so OP can you try and go back to sleep for the remaining part of this week maybe we might start seeing Bitcoin price increasing to the expected $100k and while sleeping OP you should open one eye to be monitoring the chart.

I knew this would happen and said it many times on the way to 100k that we'd see a strong pullback due to 100k being a mental barrier for people who want to sell. Those who held at 70 k, when asked when they'd sell often would give 100k, even as a joke, because at 60 and 70 it felt like a very distant round number. You'd probably say 100k and then nothing up to maybe 150k. Nobody says I'll sell at 115k, right?
That's why we're seeing this. I expected them to crash the price at 90 or 95k. We did much better and it's bullish.

Anyway, the bull market is not over, just like it wasn't when we fell from 60k to 30k in 2021, but we may have to wait until Q1 of next year for 100k

First touch of 100k being brief is a given, its pulling back as a trend now.  We just confirmed under the weekly average as negative sentiment shorter term.

I was guess as low as 86k but somewhere in that area is some likely support.  Best way to judge support is by how we react in this area going forward.   Holding support is very bullish and the top end reflection of that action could be something like 120k which is very impressive if it happens this year.