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Topic: How fast do you think will Bitcoin reach $100k? - page 5. (Read 1876 times)

member
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I think the government really want to prevent bitcoin from reaching $100K quickly. They want to make more stringent regulation so that their ultimate goal of "becoming a central authority" is achieved. Discourse on the bitcoin regulatory debate arose after the head of the digital assets and blockchain of the World Economic Forum announced it. Bitcoin regulation: More drama ahead, World Economic Forum official warns. Should we be a little careful about this matter?
Obviously not.  Government regulation can punish and suppress public excitement, not bitcoin.  In my opinion, the most important goal that the government has set is how to reduce pressure on people by Covid 19, unemployment, inflation, ...,
So I think bitcoin will aim for> 100k $ this year.
legendary
Activity: 2758
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Personally, I expect bitcoin price to hit $ 100k before the end of this year. However, in terms of prediction, I would probably speculate that bitcoin price could hit $ 100k in December, but with the support of big investors outside of me. I'm pretty sure that if there is one big investor like Elon Musk looking at bitcoin again, then the price might go up to $ 100k. however, even without that assistance, the current price of bitcoin is strong enough to achieve that.
hero member
Activity: 868
Merit: 504
Expert says this bulling trend will last at least end of this current year and will be noteworthy bull run ever. If anybody ask me, where do you think when BTC ends up on this run? I will replay clearly until hit 100K mark and I might want to see this. Obviously will not occur in over night however we as a whole wouldn't be surprised if BTC arrives at 100K in 2021. It might do if everyone believes in this post, so just spread the positive words.
legendary
Activity: 2674
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According to my forecast, bitcoin will hit a price of $ 100K shortly. Precisely in December this year. I believe that because more positive news that happens will encourage more people to buy more. Even in my own country, well-known celebrities and singers are also starting to enter the bitcoin market and continue to tweet about bitcoin and crypto. I believe this December is the peak of bitcoin and crypto

And according to my forecase, Bitcoin can get 200k also this year. But hey, anyone can do forecasts at any time, and no one can brag about being right or feel shame in being wrong, cause well, everyone's as much an expert these days with Twitter and easy to copy-paste tools;)

I personally feel if celebrities are tweeting about btc they probably don't even know how to use electrum...
full member
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According to my forecast, bitcoin will hit a price of $ 100K shortly. Precisely in December this year. I believe that because more positive news that happens will encourage more people to buy more. Even in my own country, well-known celebrities and singers are also starting to enter the bitcoin market and continue to tweet about bitcoin and crypto. I believe this December is the peak of bitcoin and crypto
full member
Activity: 2268
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I don't know. Who can predict how fast a crypto coin to achieve a certain rate? I think it is difficult to know it.
Just wait and monitor the price move, it is still far from $100K. In my opinion, we just can predict it once the price can be above $90K. Then, it can be easier to speculate how fast to reach $100K.


Yes, no one can predict how fast we can achieve that target price level. Maybe at the middle of this year, we will see where is the price heading to. You can only speculate but you can't say if that will happen in a specific  day or month. What we can do, is just open our eyes to what is happening in the crypto community, because we will get some insights on what may possibly happen to the market. But I don't think someone can precisely give you when a specific price level will be reached.

It is difficult to be certain that the predictions that are taking place at this time are due to the improvements that have occurred since last year and this is unusual. because if the halving effect, there will be an increase that will fall this year and always at the end of the year. but the increase at the end of last year is estimated to be the effect of the halving, but it is wrong because at the beginning of the year there was no correction, instead creating new ATH.

it was just known because at that time it was the effect of @elonmusk who had bought bitcoin through his company Tesla which resulted in his followers also participating in enlivening to buy yet with large companies that were interested in investing the same as Tesla.

So the halving effect hasn't happened yet and it looks like it will be the same as the previous halving which will happen at the end of this year.
then there will be a surprise for the price at the end of the year if you see now the price is quite high.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
An update of a major article publication, according to JP Morgan predicted that Bitcoin could reach $130k although it did not say when it would happen, just as Microestrategy predicted a price of $90k and Pantera predicts that before September 2021 will be priced at $115k.

Bitcoin At $100,000: Estimating The Chance Of Six Figure BTC In 2021



Quote
Perhaps the most compelling reason driving investors, big and small alike, into Bitcoin is the expectation – and indeed the observation – of high inflation. With central banks around the world printing billions if not trillions of fresh fiat units as a response to COVID 19, the scene has been set for declining fiat value and rising costs for goods and services.

Source: https://www.newsbtc.com/news/bitcoin/bitcoin-price-predictions-100000/

This article very sincerely says what some celebrities and famous businessmen think about Bitcoin, it is expected that this same 2021 we will reach new highs and possibly $ 100k, those who have doubts do not think about it anymore and dare to buy Bitcoin, I would put everything in Bitcoin, it would be to ensure the future of my family and myself.

sr. member
Activity: 1988
Merit: 275
I don't know. Who can predict how fast a crypto coin to achieve a certain rate? I think it is difficult to know it.
Just wait and monitor the price move, it is still far from $100K. In my opinion, we just can predict it once the price can be above $90K. Then, it can be easier to speculate how fast to reach $100K.


Yes, no one can predict how fast we can achieve that target price level. Maybe at the middle of this year, we will see where is the price heading to. You can only speculate but you can't say if that will happen in a specific  day or month. What we can do, is just open our eyes to what is happening in the crypto community, because we will get some insights on what may possibly happen to the market. But I don't think someone can precisely give you when a specific price level will be reached.
sr. member
Activity: 826
Merit: 263
I don't know. Who can predict how fast a crypto coin to achieve a certain rate? I think it is difficult to know it.
Just wait and monitor the price move, it is still far from $100K. In my opinion, we just can predict it once the price can be above $90K. Then, it can be easier to speculate how fast to reach $100K.
legendary
Activity: 3122
Merit: 1140
Nothing is impossible but just to say it won't happen this year, reaching $100k is too far from now even we say the market is already surpassing $60k but it remains unstable and ain't holds for long.

Maybe we could reach this price in the next Bullrun and that we need to wait for another 3-4 years as the next halving to commence and another Bullrun to show again.
What? $100k is too far? And you are saying this after testing $64k levels. But I'm expecting prices of bitcoin to be getting doubled in coming weeks so that we could directly leap toward $120k levels by breaking all the resistance around $90k to $100k.

If you notice, so far in 2021, bitcoin prices are easily doubling time to time without facing any big corrections which is simply showing us how strongly new investors keep buying at all available dips. So, getting into $100k may happen at any time in coming weeks. Yes, you not need to wait for another 3-4 years for this, trust me Wink.
Being that optimistic isnt bad but dont let your hopes up that much because it would just frustrate you if prices wont really becoming possible or not able to reach up for this year.
Yes, we have seen on how high the price do able to climb up on a short span of time but doesnt mean that it would constantly be doing the same thing but basing with adoption
news and events or even talking with recognition then we can tell that it does have the potential but not an assurance for you to hope on.Always consider that a market
wouldnt really be just moving in one path or way.
hero member
Activity: 2408
Merit: 584
Nothing is impossible but just to say it won't happen this year, reaching $100k is too far from now even we say the market is already surpassing $60k but it remains unstable and ain't holds for long.

Maybe we could reach this price in the next Bullrun and that we need to wait for another 3-4 years as the next halving to commence and another Bullrun to show again.
What? $100k is too far? And you are saying this after testing $64k levels. But I'm expecting prices of bitcoin to be getting doubled in coming weeks so that we could directly leap toward $120k levels by breaking all the resistance around $90k to $100k.

If you notice, so far in 2021, bitcoin prices are easily doubling time to time without facing any big corrections which is simply showing us how strongly new investors keep buying at all available dips. So, getting into $100k may happen at any time in coming weeks. Yes, you not need to wait for another 3-4 years for this, trust me Wink.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
I think that this same 2021 we will see that Bitcoin touches $ 100k, but of course this in the best conditions that institutional investment continues to put money in the market, according to Pantera it can reach $ 200k in 2022, for him that is his forecast according to the institutional investment that is and will enter.


Quote
If the trend continues, Morehead wrote, bitcoin will reach $200,000 in 2022. That would be a 213% increase from bitcoin’s price today, which is on trend for the asset’s typical yearly return.
Source: https://blockworks.co/pantera-stays-bullish-on-bitcoin/

This 2021 has been a great investment for Bitcoin, as many have said, Gold shone in 2020, but 2021 and 2022 are undoubtedly Bitcoin, if this new institutional investment is joined by the previous whales that participated in 2017 I think it will be much more high the ATH calculated by Pantera. However, Pantera forecasts $ 115k for August 2021, not bad, Pantera must have very good financial advisers where they must do very well the technical and fundamental analysis respectively.
sr. member
Activity: 2828
Merit: 344
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The question is, how fast will Bitcoin reach $100k? Will the ever-rising demand from mainstream companies and institutional investors make Bitcoin reach this goal in less than a year? Or will it take longer? Given that Bitcoin has reached $60k within a year, looks likely it'll reach $100k by the end of 2021. For what I know, everything is just pure speculation. It's always best to reap profits whenever you see the opportunity to do so before it's too late. If you end up waiting for BTC to reach a new ATH, you might lose it all in an instant.

What are your thoughts? Huh
If we just know what will happens next, that probably we know when it does happen but no one, and so even we just make predictions, it is all just a wild guess. Nothing is impossible but just to say it won't happen this year, reaching $100k is too far from now even we say the market is already surpassing $60k but it remains unstable and ain't holds for long.

Maybe we could reach this price in the next Bullrun and that we need to wait for another 3-4 years as the next halving to commence and another Bullrun to show again.
legendary
Activity: 1974
Merit: 1150
I think the government really want to prevent bitcoin from reaching $100K quickly. They want to make more stringent regulation so that their ultimate goal of "becoming a central authority" is achieved. Discourse on the bitcoin regulatory debate arose after the head of the digital assets and blockchain of the World Economic Forum announced it. Bitcoin regulation: More drama ahead, World Economic Forum official warns. Should we be a little careful about this matter?
legendary
Activity: 2478
Merit: 1951
Leading Crypto Sports Betting & Casino Platform
Bitcoin already reached a peak of $61k per coin, so reaching $100k per coin should only be a "piece of cake". I'm guessing that Bitcoin will be able to reach said target between fall and winter of this year. It would be wise to stock up some Bitcoin now before it goes all the way to $100k. Despite the bullish scenario for Bitcoin, prices are still volatile on the market. The risk is always there as you could end up poor or rich in an instant. As long as you buy low and sell high, there should be nothing to worry about.

Nonetheless, everything in crypto land is pure speculation. Prices are going up at a fast pace because of the hype surrounding the crypto/Blockchain space. Many people are buying cryptocurrencies like crazy, bringing huge market demand as a result. Expect to see a price correction once the hype fades away. If we base ourselves on past market performances, then Bitcoin should be able to decline in price between 2022 and 2023. You can sell your coins during the bull market to buy more at a discounted price after the next bear market. Bitcoin never hits a ceiling so I'd guess prices will continue to rise after each halving. $100k per coin may be the tip of the iceberg as the best is yet to come. Just my opinion Smiley

I think reaching this level will be much easier than keeping it there. At such a price of bitcoin, miners will receive huge profits (2.5 times more than at the peaks of 2017) and their pressure on the price will be very great. Are there so many people willing to buy bitcoin at such prices? I think everything here will depend on the big players, the small ones will no longer affect the price.
sr. member
Activity: 2226
Merit: 347
I will Take the word "fast" for now because it seems Slower is the best word?

Bitcoin will reach 100k no doubt but when? that's not certain.
\
Look at the market movement now and see what is the action of Bitcoin supporters against altcoins these days.

Bitcoin might be in a consolidation period after it hits another ATH at $61,000+ on March. Though the market seems slowing down a little bit, but my intuition is somehow telling me that this bullrun ain't over yet. However, $100,000 target seems a little tougher to achieve this year but once Btc closes to $80,000 level within this year, I might say $100,000 is achievable.
Nevertheless, I'm still hearing positive speculations about Bitcoin as well as companies in different types of industries accepting Bitcoin as payment. These are some of the few reasons for Btc to hit the $100,000 mark.
As long we do hear out those kind of sentiments then for sure we would really be expecting something positive on the entire market.For now we had already reached up new ATH of $63k+
but the market is still having those market corrections and pullbacks which i do see to be normal because there are lots of sell orders on to those levels.Once those orders arent enough
to stop the rally then we would be much sure on seeing 70k and might go ahead in 100k price for this year but im not really hoping or expecting that much because
we dont actually know on what would happen ahead but we can really see the high probability.
legendary
Activity: 3178
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Interestingly many members think that bitcoin will reach $100k before December 2021 and some even before Q3 2021! I would like to see that numbers as soon as possible but honestly +$38k or +50% of the actual price in few months is quite hard.
legendary
Activity: 3220
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According to a short-term magic figure of $ 64k can be reached, according to this article:

...

Quote
Based on the attached chart, Bitcoin’s price is set to continue rallying. On BitMEX, the funding rate of +0.10% was close to what was witnessed on BitMEX a few weeks ago, with the latter having brought Bitcoin’s price close to its March top. The longs are fueling the shorts and that is the case at the current funding rate as well, with increasing liquidations across derivatives exchanges.

The pump in the funding rate signals that the sentiment among retail traders is bullish. There is a greater risk of price correction after hitting a short-term top, based on the current funding rate. However, as of now, based on the sentiment and the metrics, Bitcoin is likely to keep rallying forward towards its target of $64,000.
Source: https://ambcrypto.com/bitcoin-to-hit-64000-this-metric-could-be-the-key/

In addition to this, more than $ 476M has been moved to stablecoins, it is expected that an eventual Bitcoin bullish rally may occur, for now there is a lot of speculation regarding this.

Bitcoin already reached a peak of $61k per coin, so reaching $100k per coin should only be a "piece of cake". I'm guessing that Bitcoin will be able to reach said target between fall and winter of this year. It would be wise to stock up some Bitcoin now before it goes all the way to $100k. Despite the bullish scenario for Bitcoin, prices are still volatile on the market. The risk is always there as you could end up poor or rich in an instant. As long as you buy low and sell high, there should be nothing to worry about.

Nonetheless, everything in crypto land is pure speculation. Prices are going up at a fast pace because of the hype surrounding the crypto/Blockchain space. Many people are buying cryptocurrencies like crazy, bringing huge market demand as a result. Expect to see a price correction once the hype fades away. If we base ourselves on past market performances, then Bitcoin should be able to decline in price between 2022 and 2023. You can sell your coins during the bull market to buy more at a discounted price after the next bear market. Bitcoin never hits a ceiling so I'd guess prices will continue to rise after each halving. $100k per coin may be the tip of the iceberg as the best is yet to come. Just my opinion Smiley
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
According to a short-term magic figure of $ 64k can be reached, according to this article:



Quote
Based on the attached chart, Bitcoin’s price is set to continue rallying. On BitMEX, the funding rate of +0.10% was close to what was witnessed on BitMEX a few weeks ago, with the latter having brought Bitcoin’s price close to its March top. The longs are fueling the shorts and that is the case at the current funding rate as well, with increasing liquidations across derivatives exchanges.

The pump in the funding rate signals that the sentiment among retail traders is bullish. There is a greater risk of price correction after hitting a short-term top, based on the current funding rate. However, as of now, based on the sentiment and the metrics, Bitcoin is likely to keep rallying forward towards its target of $64,000.
Source: https://ambcrypto.com/bitcoin-to-hit-64000-this-metric-could-be-the-key/

In addition to this, more than $ 476M has been moved to stablecoins, it is expected that an eventual Bitcoin bullish rally may occur, for now there is a lot of speculation regarding this.
member
Activity: 72
Merit: 57
100k before July, it is coming & you all know it. The perfect storm has brewed due to the pandemic, a big transfer of equity finances is coming. Bitcoin is going to be a vital commodity for any portfolio.
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