Topic: How fast do you think will Bitcoin reach $100k? - page 6. (Read 1876 times)

With how fast Bitcoin is progressing, I think it'll reach $100k real soon. Expect a short dump during the summer, while Bitcoin bounces back to its original price levels within this fall. By winter, we could see Bitcoin heading well above $100k per coin. That is of course, if demand remains high on the market. With Tesla, PayPal, and Visa joining the game, it's hard to imagine prices will go lower anytime soon. There's huge interest from institutional investors in Bitcoin as they consider it to be the next store of value that will eventually replace Gold in the long term. I can't imagine what will happen next after the halving of 2024. It could make many of us Bitcoin "hodlers" extremely wealthy.

Nonetheless, we cannot deny the fact that Bitcoin is an extremely volatile crypto asset. It could either go up in an instant or all the way down the drain. We should always be prepared for the worst, in order to avoid losing all of our hard-earned money. As long as you have a Plan A, B, and C, there should be nothing to worry about. You can invest a portion of your money into Bitcoin, another portion into Gold, and the rest into a stablecoin of your choice. This way, you can minimize risks in case Bitcoin goes below $56K in the short term. Who knows how much Bitcoin will be worth by the end of the year? Just my opinion

If that 60k price was this hard to break the only reason for that is the fact that we do not have huge companies buying bitcoin once again. All the way here we had companies buying bitcoin like crazy and that made sure that bitcoin went up a lot, and not just the fact that they bought and that increased the price but the news of them buying also made other people to buy as well which made it go up even more than the purchase these companies did, if Tesla busy 1.5 billion dollars worth of bitcoin price of bitcoin goes up but the news of that makes other people buy maybe few billion dollars worth of it as well and makes it go even higher as well.

I think that is lacking, I haven't heard any big company buy bitcoin during March and none so far in April as well, we need that type of big news to make bitcoin price go up again otherwise it is going to be harder. Otherwise we are doing great.

It’s very conservative & a safe prediction to say 1BTC will reach $100,000 by the end of 2021. I think it’s very probable we’ll see that price before the end of the year, what’s more difficult is narrowing down a specific tike frame for that milestone, I’m going to say $100,000 before September 2021.

In my opinion bitcoin will reach $100k in this year. Price is growing slowly at this time but if we think about last few days, price grew in huge amount. At the end of this year, price will be rising so fast and we can expect $100k at the end of 2021.

I am very optimistic that the price of Bitcoin will reach $100K as speculated before this year runs out, the price had met a strong resistance at $59K to $60K which seem to reject it price, I believed once the price  breaks through that zone then $100K will be closer of course there will be retracement or pull backs,before reaching $100K
Yes there is excitement everywhere because Bitcoin had been enjoying institutional adoption which will have instant impact on it price.

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.

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.
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Look at the market movement now and see what is the action of Bitcoin supporters against altcoins these days.

I hope the summer will still give bitcoin more chances to increase more because I am sure that this year will be the best for bitcoin to lift the price increase. If the big hotel, airlines etc., can integrate their payment to bitcoin, that can help the people to have another option to pay. As bitcoin becomes more popular, it will also help the business industry grow its business and reach more customers.

I hope that this year, the bitcoin price does not drop too deep instead increase higher. I am sure bitcoin will survive the summer, but to reach $100k, maybe we need to wait for a while because the price still below $60k.

My thoughts for this, I shouldn't risk my funds just to increase my asset but instead I would recommend to accumulate our holdings by buying more quantities. Long term holding is an appropriate ways to prevent panic by the time btc would increase very fast. If there's a trend that might trigger $100k assurance we can't stop it or you might regret all opportunities during green market pumps, so it's better to keep safe and just holdle.

I think we can expect Bitcoin to go as high as $100k in a year's time, that sounds plausible. However, it is quite difficult to predict something that far ahead and what I can say for sure is that you can't make judgments like that with cryptocurrencies, it doesn't work like that. This year may be completely different from the previous one in terms of events. Maybe other companies will join, maybe they won't, maybe there'll be some restrictions or panic sell, which will cause the price to drop. Anything can be expected. Personally, I hope the price will at least be steady around $50k.

the higher the bitcoin price the more difficult it will be to push for higher prices because the fear of falling too much will start to torment people, that is why in this scenario I believe that only the entry of big name investors and big name companies can create the same kind of price increase that went from $14000 to $60,000, so far people are not interested in selling because paypal is not yet offering their crypto service to all customers, in my opinion people are hodl to see the impact that will have when all paypal customers are exposed to cryptocurrencies. then we will see the price direction

The movement going through this month is kinda slow but we are still on target for the highest that Bitcoin can attain this year, there's no news of crash adoption is in progress, investors have already reaped their profit this early, there are a lot of updates in the community new innovation coming, NFT and decentralization are rising and most importantly investors are learning what to look on a good project.

Price is around 60k right now but that's right now, in 3 months or so we will be deep into summer and that's going to change things a lot, historically speaking summer hasn't been kind to bitcoin price, actually summer hasn't been kind to price of anything aside from maybe few vacation related stuff (big hotel chains, airlines etc) so I think it's going to be tough.

However if we can cover that and not drop too much that would mean that on last part of third quarter and start of fourth quarter we could actually increase a lot. If you check all the price increases in crypto you will see that there has always been some calm period that doesn't move a lot, sure 10-50% higher or 10-50% lower could happen but usually nothing too drastic, then suddenly it reaches like 5x higher. That's why I think if we can survive the summer, we could definitely reach to 100k very easily in a month after that.

I think that it would be there next year since for me it is steadily increasing.
If not this year then it could reach it next year if this continue to grow.

I am expecting this to hit by year end. The markets are very positive now and with big institution on buying mode this gives a good chance for bitcoin to recover faster even on downfall or atleast to continue the rise slowly. With some good news it can easily jump couple of thousands dollars quickly and reaching near that mark of 100k becomes more easier.

Not so fast because we can not expect it to happen quickly, maybe that will be more than 4-5 months later since the bitcoin price is still at $58k-$59k, so we need to be patient for more. But the chance to reach $100k still wide open as we see the big company already involved in bitcoin to convince people to follow to invest in bitcoin. We need to hold on tight to our bitcoin because I think we will see a roller coaster this year. You should use your chance to buy bitcoin at a low price.

It is too early to tell, the second quarter of 2021 has just started and even if the price is not moving that much to me this is a good signal, if there was no buying pressure coming from the bulls then the price would have dropped already and we would have seen a significant correction and forfeit any possibility for the price to go up again, this means that the bulls are accumulating pressure and sooner or later it will explode and do not be surprised if we do not stay long on the 60k level since we could go straight up to the 70k level.

i would be surprised if bitcoin hits 100k $ this year. i am not saying "impossible",anything can be happen but i think its unlikely
 
iam so worry bout bitcoin price when many people are too excited  

I hope Bitcoin can reach it as fast as it can, we all hope like this one. But based on mathematic and data I think 4-5 months later. Because I see In every month Bitcoin can increase up to $10K, If this scenario continues we will see it in around 4-5 months later. This is a good scenario, if a bad scenario comes, maybe over 6 months

I think the Bitcoin movement pattern is on the right track towards the $ 100k price tag. So we just need to be patient for Bitcoin to reach
a price of $ 100k, the first target Bitcoin has to go through is to cross the $ 60k resistance Bitcoin has always failed to cross. Hopefully this
week Bitcoin can pass the $ 60k resistance price and Bitcoin moves up to its next price target of $ 70k. According to my prediction, Bitcoin
should hit $ 70k by the end of April, if that happens. It looks like the $ 100k target could be reached by the end of this year.