How fast do you think will Bitcoin reach $100k? - page 7.

Lanatsa

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I think between now till September btc will around $100k, there are many good news, big companies and cooperations joining the space, giving more value to btc and making the price target more achievable, this my guess but I won't be surprise to see it hit that target earlier than that.

Would it really be possible for this year? No one knows but theres a probability but depending on the adoption and recognition level for this year's run.We don't know on whats ahead

but at least we can really see that companies and big institutions now are really recognizing bitcoin to be part of their payment system which is really a solid indication that we are
really moving towards global adoption.

$100k isn't something easy level that can be attained but based up on my own view then this price level might be seen on next year to come.

bitbunnny

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Quote from: ?? on ??

I think between now till September btc will around $100k, there are many good news, big companies and cooperations joining the space, giving more value to btc and making the price target more achievable, this my guess but I won't be surprise to see it hit that target earlier than that.

It's quite optimistic prediction. The price is above $50k and expectations are big. Recently we saw how high and fast Bitcoin can go and that is the reason why we sometimes forget that corrections are possible all the time. Although I don't expect some bigger corrections so soon to my opinion Bitcoin might take a little bit more time to get to the $100k. So, my prediction is this will not happen earlier than the end of this year but I think that development of pandemic might also significantly influence the movement of Bitcoin price.

tygeade

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I believe this September we can be there. Summers are famously known as slow months, it doesn't drop highly and doesn't increase highly compared to previous months, and compared to following months neither, we have seen some high levels of increase on last quarters of the year, and we have seen big drops as well people forget that, and I think we are going to get to 100k on the last quarter. That means on the first quarter it is going to be make or break for us because if we keep that price around those levels we could actually get super rich, but if we fail to do so that means we could have a start of a crash.

This is why 2022 is as important as 2021, if we just have a great 7 months ahead and then start dropping like crazy that would be very dangerous and it would make it harder for us to recover from that, last time took years to get back to same level.

Abiky

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Quote from: pooya87 on April 02, 2021, 11:06:23 PM

I believe that reaching $100k is going to actually be very quick as the demand has been massive so far and the rise is not even close to what bitcoin used to have (10000% less that last time!!!) so there is still a lot of room to grow and the FOMO is very strong in bitcoin when price goes above certain price levels.
Also considering the fact that I believe bitcoin will reach at least $400k this year, the $100k target should not be that difficult to reach.

It seems like so. Bitcoin reached $60k in just three months since the start of the year. If demand keeps up, we might see Bitcoin heading to $100k before the end of the year. The "FOMO" sentiment is still as vibrant as ever with institutional investors pouring money into crypto like crazy. "De-Fi", NFTs, and other crypto trends will largely benefit Bitcoin's price in the long run. Companies like Tesla, PayPal, and now VISA have joined the crypto/Blockchain bandwagon. Who knows which other companies will be the next ones to join the craze? The more Bitcoin gets public exposure from these companies, the better it'll be for its price in the long term. I'd be surprised if Bitcoin hits $400k this year as you've stated before.

Nonetheless, no one knows how much Bitcoin will be worth in the future. All we can do is speculate hoping our dreams would come true someday. Due to the highly-volatile nature of Bitcoin, it may be extremely risky to buy more coins in a bull market. You could end up losing everything in an instant. If you managed to buy Bitcoin during the bear market, I'd suggest you hold on tight as the best is yet to come. Just my opinion

Stedsm

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Quote from: ultrloa on April 05, 2021, 06:58:10 AM

Actually this is right but to have a fun discussion it make sense to talk about on when this thing will happen. And for me maybe on next year or in next since I believe the presence of elon open up some doors of big investors to come and see on what he is doing right now so expect that more adoption will happen next year that can possibly help the bitcoin grow and reach for that far.

That's exactly what I'm pointing out currently that BTC may either not see it's new ATH this year, or even if it does, it won't be in six figures. For a six figure BTC, I believe we'll need to wait till mid 2022 and then we may get surprised but right now, I see more of an alt season going on and BTC holding tight nearby its favorite resistance area and unable to break it.

matchi2011

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Quote from: Sebas.tian on April 05, 2021, 03:30:17 AM

AS for me, the Hundred bulks aren't going to be easy sincerely becasue they will definitely manipulate the market at one point to suit their desires. The value of $85k should be expected from this breakthrough but one thing is certain that the price in the market isn't easy to be determine by any expert. Possibly, if there will be another sect of big investors coming into the investment then those speculations may or may not be visible, but bitcoin market is the most difficult market to determine price IMO.

That's wild, if there are bulks of big investors to play inside and start working around, that said target might be hit in a
much earlier time.

We do see that the current movement still showing strong, maintaining this form and adding more new investors will help
to reach that target, still no accurate time frame.

ultrloa

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Quote from: Oasisman on April 05, 2021, 06:50:59 AM

Quote from: Stedsm on April 04, 2021, 05:15:26 PM

Quote from: Oasisman on April 04, 2021, 05:02:43 PM

What do you mean slowly and surely? Isn't Bitcoin constantly increasing every year since It was created? Isn't that called "surely"?
Companies, institutions, big names, and even governments getting involved in Bitcoin is already a solid foundation to attain the target price of $100,000 this year. It doesn't matter how slow or how fast the price growth is, correction is inevitable.
Bitcoin holding on to this level until now is enough to say that the price surge isn't stopping yet. Once Btc will have another run, It might be targeting the $100,000 next and that'll most likely to happen this year.

The problem is, nobody actually knows that till when will this bull-run continue. I've been watching people going mad over crypto thinking that they'll be creating fortunes out of it and they can (I'm not saying they can't), but the fact is that if at some point, when these big names decide to take their profits out, the competition among who does it first by getting out in profits will definitely push the price down so bad that average investors will just panic sell. And I still believe that the run you're talking about, won't be coming this year.

That made sense. I agree, nobody knows until when this bullrun would last, and average investors would fall once these whales are selling their huge bag.
What I was thinking is that, these companies and big names in the business industry are just starting up and this price range might not be the best option to dump as majority were expecting a six digit figure. So, that's why I said "there might be another good run for Btc this year."
Though we have different views and opinions, but I understand yours.

Actually this is right but to have a fun discussion it make sense to talk about on when this thing will happen. And for me maybe on next year or in next since I believe the presence of elon open up some doors of big investors to come and see on what he is doing right now so expect that more adoption will happen next year that can possibly help the bitcoin grow and reach for that far.

Oasisman

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Quote from: Stedsm on April 04, 2021, 05:15:26 PM

Quote from: Oasisman on April 04, 2021, 05:02:43 PM

What do you mean slowly and surely? Isn't Bitcoin constantly increasing every year since It was created? Isn't that called "surely"?
Companies, institutions, big names, and even governments getting involved in Bitcoin is already a solid foundation to attain the target price of $100,000 this year. It doesn't matter how slow or how fast the price growth is, correction is inevitable.
Bitcoin holding on to this level until now is enough to say that the price surge isn't stopping yet. Once Btc will have another run, It might be targeting the $100,000 next and that'll most likely to happen this year.

The problem is, nobody actually knows that till when will this bull-run continue. I've been watching people going mad over crypto thinking that they'll be creating fortunes out of it and they can (I'm not saying they can't), but the fact is that if at some point, when these big names decide to take their profits out, the competition among who does it first by getting out in profits will definitely push the price down so bad that average investors will just panic sell. And I still believe that the run you're talking about, won't be coming this year.

That made sense. I agree, nobody knows until when this bullrun would last, and average investors would fall once these whales are selling their huge bag.
What I was thinking is that, these companies and big names in the business industry are just starting up and this price range might not be the best option to dump as majority were expecting a six digit figure. So, that's why I said "there might be another good run for Btc this year."
Though we have different views and opinions, but I understand yours.

KTChampions

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Quote from: pooya87 on April 05, 2021, 01:00:23 AM

Quote from: NeuroticFish on April 04, 2021, 01:21:19 PM

I'd speculate that we could get to 100k in July-August. Of course, it may be simply wishful thinking Cheesy

4-5 months for only 60% rise is way too slow for bitcoin not to mention for a bull market. That's a tiny 15%-12% rise per month. Historically bitcoin has had much bigger rises than this during its bull runs. Heck we had 100% rises in a couple of weeks back in 2017 and there weren't nearly as much hype as we have today.
Reaching it this month or the next (April or May) is more realistic in my opinion.

I agree with you on the timing (in terms of their realism), but it is irrational to expect giant growth from bitcoin every time. Growth of 60 percent even in a year is not slow, it is a huge profit and it is a clear bull market even with the fact that bitcoin has grown at a faster pace in the past.

Sebas.tian

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AS for me, the Hundred bulks aren't going to be easy sincerely becasue they will definitely manipulate the market at one point to suit their desires. The value of $85k should be expected from this breakthrough but one thing is certain that the price in the market isn't easy to be determine by any expert. Possibly, if there will be another sect of big investors coming into the investment then those speculations may or may not be visible, but bitcoin market is the most difficult market to determine price IMO.

NeuroticFish

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Quote from: pooya87 on April 05, 2021, 01:00:23 AM

4-5 months for only 60% rise is way too slow for bitcoin not to mention for a bull market. That's a tiny 15%-12% rise per month. Historically bitcoin has had much bigger rises than this during its bull runs. Heck we had 100% rises in a couple of weeks back in 2017 and there weren't nearly as much hype as we have today.
Reaching it this month or the next (April or May) is more realistic in my opinion.

I tried to not be overly optimistic and also get into account the corrections to come.
However, I would be just happier if I'll be wrong and you'll be right

Just keep in mind:

Quote from: crwth on April 05, 2021, 01:15:23 AM

We are all definitely biased here.

crwth

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Once a top person established their dominance and expressed their interest in a certain thing, in this case, cryptocurrency, it will surely be followed. Imagine a top company allowing cryptocurrency payment to buy their products and publicly showing that they are not going to convert those payments into fiat currency. That's a big deal in terms of HODL-ing the asset and it will surely be enough to possibly influence other businesses.

For the rise of BTC into the $100k mark, it could take more than a couple of months to years. A lot of people have instigated rumors regarding other big companies expressing interest in it. It's going to be an impact if the company is truly influential.

I remember talking to someone that wished he converted his BTC with the previous ATH (Around 20K) and had regretted it ever since. I think he is not regretting it now, hoping that he is still HODLing.

We are all definitely biased here. Cheesy

BTC to the moon!

pooya87

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Quote from: NeuroticFish on April 04, 2021, 01:21:19 PM

I'd speculate that we could get to 100k in July-August. Of course, it may be simply wishful thinking Cheesy

4-5 months for only 60% rise is way too slow for bitcoin not to mention for a bull market. That's a tiny 15%-12% rise per month. Historically bitcoin has had much bigger rises than this during its bull runs. Heck we had 100% rises in a couple of weeks back in 2017 and there weren't nearly as much hype as we have today.
Reaching it this month or the next (April or May) is more realistic in my opinion.

Smitty Werben Man Jensen

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reaching $ 100k is a dream for holders, but we do not know what the future will be, indeed at this time it is a bullish situation for bitcoin especially in Q2 the price of bitcoin and altcoins are performing well, yes and now seen from the analysis of bitcoin prices are still experiencing sideways , and this is determination, if you are a wise person then you will know what to do.

Zemomtum

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This is just mere speculation but I am of the opinion that before the end of the mid-year, we should be able to attain 100k per bitcoin if the bull run should continue.

Ziskinberg

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How I wish that it comes this year but that seems impossible. I couldn't see that Bitcoin is going fast this time but what I observe is that to still it stabilize at $50k-$60k. That might only happen if we break the $70k resistance but we are still far from that.

Well, it is never hopeless but we just have to wait. People learn already about panic selling then this helps to keep the market shows more pumps than the usual drops. In fact, we are seeing the situation right now, and there is a huge change.

Stedsm

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Quote from: Oasisman on April 04, 2021, 05:02:43 PM

What do you mean slowly and surely? Isn't Bitcoin constantly increasing every year since It was created? Isn't that called "surely"?
Companies, institutions, big names, and even governments getting involved in Bitcoin is already a solid foundation to attain the target price of $100,000 this year. It doesn't matter how slow or how fast the price growth is, correction is inevitable.
Bitcoin holding on to this level until now is enough to say that the price surge isn't stopping yet. Once Btc will have another run, It might be targeting the $100,000 next and that'll most likely to happen this year.

The problem is, nobody actually knows that till when will this bull-run continue. I've been watching people going mad over crypto thinking that they'll be creating fortunes out of it and they can (I'm not saying they can't), but the fact is that if at some point, when these big names decide to take their profits out, the competition among who does it first by getting out in profits will definitely push the price down so bad that average investors will just panic sell. And I still believe that the run you're talking about, won't be coming this year.

Oasisman

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Quote from: AmoreJaz on April 04, 2021, 04:18:27 PM

Quote from: Stedsm on April 04, 2021, 02:14:21 PM

~snip~

i dont think 100k will happen this year also. we have seen a tremendous growth already in the first quarter alone. though, companies are still joining this crypto market, still it is better if the increase of btc price is slow, slowly but surely. but who knows? this market has a lot of surprises. if that will happen, why not? but i do hope that the adoption will also grow alongside with the increase of its value. we need a solid foundation to attain this price level. otherwise, the correction may be hard for all of us.

What do you mean slowly and surely? Isn't Bitcoin constantly increasing every year since It was created? Isn't that called "surely"?
Companies, institutions, big names, and even governments getting involved in Bitcoin is already a solid foundation to attain the target price of $100,000 this year. It doesn't matter how slow or how fast the price growth is, correction is inevitable.
Bitcoin holding on to this level until now is enough to say that the price surge isn't stopping yet. Once Btc will have another run, It might be targeting the $100,000 next and that'll most likely to happen this year.

AmoreJaz

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Quote from: Stedsm on April 04, 2021, 02:14:21 PM

75k sounds reasonable, but 100k? Nope. I don't think it's possible this year, because I've myself seen something very important on the charts and even predicted that we've already seen the top this year and it doesn't sound sensical to think that it'll nearly double its price this year.

i dont think 100k will happen this year also. we have seen a tremendous growth already in the first quarter alone. though, companies are still joining this crypto market, still it is better if the increase of btc price is slow, slowly but surely. but who knows? this market has a lot of surprises. if that will happen, why not? but i do hope that the adoption will also grow alongside with the increase of its value. we need a solid foundation to attain this price level. otherwise, the correction may be hard for all of us.

Swordsoffreedom

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A certain trader assumes that Bitcoin will break $100K in long run within this year, we don't know the future but Bitcoin has the potential to reach $100k. The current market will never give anyone to buy at a lower price, If you are waiting to buy at a lower price you will never able to buy cause if somehow the market will break down it will pull back in a sudden without giving buying opportunities, the best thing you can do, keep holding your coin and open a long position at the current price range.

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