If bitcoin surpasses the $60K level then it will hit higher than $100K

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Quote from: MuffinMaster on March 13, 2021, 09:03:28 AM

So what we've all been waiting for happened - Bitcoin's price is above $60,000 and we have a new ATH. Of course, I would really like to see $100k, but now we should focus on reaching the next level, so $70,000. I think it should be achieved within a month ..

In my opinion, Bitcoin is the first in ranking of all coins, so it would not be so easy to Bitcoin to double the price now and reach $100,000 in this year. But in this cryptocurrency market, everything could happen, we just all can be waiting and earn from it.

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Quote from: DashingAgent on January 14, 2021, 03:50:20 PM

If bitcoin surpasses the $60K level then it will hit higher than $100K

If bitcoin surpasses the $60K level than it will hit higher than $100K. For altcoins I won't suggest you to hold the tokens/coins having marketcaps in billions except top 5. It is also possible that big altcoins like ethereum may drop to 0.016 BTC if Bitcoin jumped to $100K. But I am not afraid regarding Litecoin because Litecoin is next to bitcoin. Litecoin will hit higher than 0.005 btc and possible to make its resistance at 0.01 BTC. For other altcoins like ADA, Algorand etc I won't suggest to hold as in Btc these altcoins will be dropped to half (around 50% decrease is possible) even ADA has the upcoming update in FEB. But I suggest you to hold altcoins having marketcaps lower than 50 million like ARK and it is possible for ARK to having greater marketcaps than 50 billion in the future. FOR Miota and EOS the bitcoin dominance won't affect because both altcoins have faced a long term btc dominance so the bear market will prefer to hold these alts rather than to sell them.

BTC is a digital Gold and very precious asset, it can even hit 1 Million$, i won't be surprised , because it is anti inflationary asset. Its demand will increase in coming months and years but its supply will decline.

https://www.tradingview.com/chart/BTCUSD/bDB9nPCq-BITCOIN-The-Stairway-to-Heaven-1-MILLION/

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Quote from: MuffinMaster on March 13, 2021, 09:03:28 AM

So what we've all been waiting for happened - Bitcoin's price is above $60,000 and we have a new ATH. Of course, I would really like to see $100k, but now we should focus on reaching the next level, so $70,000. I think it should be achieved within a month ..

not fast. the price of bitcoin will not continue to show an increase in price. Even after thinking that the price of bitcoin could reach $ 70k, we need to wait for a return for bitcoin price to reach $ 60k. it's just that, right now a potential $ 100k price looks very likely when bitcoin prices hit $ 60k.

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Quote from: peter0425 on March 13, 2021, 10:38:17 PM

so What now that Bitcoin had already surpassed 60,000? actually more than 61k $ now?

He's just positive that we're going to reach $100k soon as it has entered $61k.

Quote from: peter0425 on March 13, 2021, 10:38:17 PM

How Long will it take to reach the 100k ? is this happening in 2021 or in the year to come?

Nobody knows when it will be hitting $100k. It could reach by the end of the year or as you say, next year. But everyone is very encouraged that we're about to see that very soon.

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Quote from: Ibrahim60 on March 12, 2021, 03:09:05 PM

Bitcoin price is now so much volatile. Bitcoin is one of the great and most potential coin in this present time. Bitcoin price is now $57k. I think $60k will cross soon. In my thinking and prediction is that Bitcoin price will hit $100k in the last of this year.

Bitcoin price has already crossed $ 60,000, so we will expect it to rise to $ 100,000. It may or may not be. So far, we see that today the price of bitcoin has dropped from more than $ 60,000 to the current less than $ 56,000. However, for him, such high price volatility is within the normal range. Tomorrow it may rise more than $ 60,000 again.
So far, the general price trend is not bad, but in our world, the attitude of governments towards bitcoin and cryptocurrency is generally quite contradictory, and therefore the situation may still change.

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Quote from: Hamphser on March 11, 2021, 05:42:55 PM

This wont be a smooth sail ride on where most people been anticipating about reaching the target of 100k for this year.I do also believe that there would be some other deep correction

but wont really be going below in 30k price and if it does then that would be the most deepest or bottom price for this market considering that there are really lots of strong supports

or buy out lines with those levels which its hard to believe that we would really be crashing even more beyond that one.Im not stressing out myself first on reaching 100k.Just cherish out these moving waves
to make money.

Being invested in bitcoin has never been a smooth ride, however that is not the reason why we're here, anyone that wants a smooth ride should probably get out of the market and instead invest in bonds or something like that, this market is for the ones that are willing to take risks and that can accept that their investment can move relatively quickly in either direction but that over the long term due to the scarcity of bitcoin it has a very strong tendency to go up.

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Quote from: DashingAgent on January 14, 2021, 03:50:20 PM

If bitcoin surpasses the $60K level then it will hit higher than $100K

If bitcoin surpasses the $60K level than it will hit higher than $100K. For altcoins I won't suggest you to hold the tokens/coins having marketcaps in billions except top 5. It is also possible that big altcoins like ethereum may drop to 0.016 BTC if Bitcoin jumped to $100K. But I am not afraid regarding Litecoin because Litecoin is next to bitcoin. Litecoin will hit higher than 0.005 btc and possible to make its resistance at 0.01 BTC. For other altcoins like ADA, Algorand etc I won't suggest to hold as in Btc these altcoins will be dropped to half (around 50% decrease is possible) even ADA has the upcoming update in FEB. But I suggest you to hold altcoins having marketcaps lower than 50 million like ARK and it is possible for ARK to having greater marketcaps than 50 billion in the future. FOR Miota and EOS the bitcoin dominance won't affect because both altcoins have faced a long term btc dominance so the bear market will prefer to hold these alts rather than to sell them.

so What now that Bitcoin had already surpassed 60,000? actually more than 61k $ now?

How Long will it take to reach the 100k ? is this happening in 2021 or in the year to come?

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There is one thing that I have not seen many people pay attention to, for this market to plunge is extremely difficult, since so many large organizations openly invest in bitcoin or crypto. I am envisioning the size of this market being so large that the whales can discharge all their things, so as confidence increases, we have more assurance, into $ 100k altogether. can happen.

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Quote from: deathcode on March 13, 2021, 11:23:23 AM

if before the end of this year there is a correction, then we can forget that this year's pump will reach the target discussed.
if the market is consistent like this, it might move on to the momentum of the altcoins. A stable bitcoin will bring some altcoins the moment to pump up.
I hope the bulls of this year will survive and become the longest bull season in the history of the crypto market.

The whole idea is that, if we can reach 60k, that means dump is not coming anytime soon, thats at least what we believe, there are some other people like me who believe on this possibility as well. At the end of the day, we are not looking into anything that would hurt bitcoin because we think that these billions of dollars going into bitcoin means that we are not dropping under a level. We just had a 30% drop and even with that nothing happened to us, why? Because we have the help of huge companies constantly buying bitcoin, most people do not even realize how much of it is actually stored aside.

Last I have heard was over 6 million was stored aside, and a bit more than a million was totally lost. That should tell you how much we have a problem with, it is really a huge number, we are already nearly done in mining, just after a bit over 10 years, which means that we have very little left in the market hence why the price goes up constantly.

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Quote from: MuffinMaster on March 13, 2021, 10:03:35 AM

Of course, with a higher price, subsequent increases become more difficult. However, for several months we have seen that we have a bull run, the fact that people like Elon Musk invest in Bitcoin means that many companies and people are just beginning to learn about it. HYPE will continue for many more months, so in my opinion Bitcoin has time to expand market and the price to reach $100k later this year.

if before the end of this year there is a correction, then we can forget that this year's pump will reach the target discussed.
if the market is consistent like this, it might move on to the momentum of the altcoins. A stable bitcoin will bring some altcoins the moment to pump up.
I hope the bulls of this year will survive and become the longest bull season in the history of the crypto market.

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Quote from: conected on March 13, 2021, 09:17:14 AM

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If Bitcoin hit 60k dollars it is really possible to reach $100k this is my highest price for the Bitcoin and I want to hit that this year.
$56k now is really nice to see and we still need 4k dollars to reach that price 60k dollars. Those investors who invest to the Bitcoin when price is $1 they will get 100k times of their capital and that is very high percentage of profit that will gives you a good life.

- I don't think your dream can be fulfilled this year because today, the value of bitcoin has actually exceeded $60k as you wish but then, a price reaction started to appear, the market seemed to reject higher prices from bitcoin, bitcoin had a slight decrease, it is not so significant and things are still recovering but overall, going up the higher ladder, bitcoin will be challenged more. Besides, with the presence of Elon Musk and the influence of the crypto market, governments of countries will probably watch bitcoin more and limit overvaluation.

Of course, with a higher price, subsequent increases become more difficult. However, for several months we have seen that we have a bull run, the fact that people like Elon Musk invest in Bitcoin means that many companies and people are just beginning to learn about it. HYPE will continue for many more months, so in my opinion Bitcoin has time to expand market and the price to reach $100k later this year.

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If Bitcoin hit 60k dollars it is really possible to reach $100k this is my highest price for the Bitcoin and I want to hit that this year.
$56k now is really nice to see and we still need 4k dollars to reach that price 60k dollars. Those investors who invest to the Bitcoin when price is $1 they will get 100k times of their capital and that is very high percentage of profit that will gives you a good life.

- I don't think your dream can be fulfilled this year because today, the value of bitcoin has actually exceeded $60k as you wish but then, a price reaction started to appear, the market seemed to reject higher prices from bitcoin, bitcoin had a slight decrease, it is not so significant and things are still recovering but overall, going up the higher ladder, bitcoin will be challenged more. Besides, with the presence of Elon Musk and the influence of the crypto market, governments of countries will probably watch bitcoin more and limit overvaluation.

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So what we've all been waiting for happened - Bitcoin's price is above $60,000 and we have a new ATH. Of course, I would really like to see $100k, but now we should focus on reaching the next level, so $70,000. I think it should be achieved within a month ..

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Bitcoin price is now so much volatile. Bitcoin is one of the great and most potential coin in this present time. Bitcoin price is now $57k. I think $60k will cross soon. In my thinking and prediction is that Bitcoin price will hit $100k in the last of this year.

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If Bitcoin hit 60k dollars it is really possible to reach $100k this is my highest price for the Bitcoin and I want to hit that this year.
$56k now is really nice to see and we still need 4k dollars to reach that price 60k dollars. Those investors who invest to the Bitcoin when price is $1 they will get 100k times of their capital and that is very high percentage of profit that will gives you a good life.

Well i guess predicting that Bitcoin might have a market value of $60000 wouldn't impossible to happen since we are now dealing with a current market value of $54000. But thinking about hitting as higher than $100000 i couldn't figure it out yet though i believe that bitcoin is unpredictable, it is volatile but i guess this value was higher enough to predict at the moment, maybe it could happen after 5 months or a year or maybe end of this year if the demand of bitcoin didn't change.

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Quote from: Stedsm on March 11, 2021, 03:23:50 PM

Quote from: DaMut on March 11, 2021, 03:12:05 PM

Quote from: Stedsm on March 11, 2021, 02:48:27 PM

Bitcoin seems to be in a parabolic move, but I don't think that it'll be so easy for BTC to break $100k. The resistance near $50k is still holding hard and BTC retests it again and again while even gets under it many times. I believe that $63k is the max we may see BTC at during this year and it'll remain under $40k till next year after which it'll push back hard and break the $100k area.

Your opinion sounds reasonable and I thought the same thing too, but on the other hand those experts in trading analysist expect Bitcoin to go 100,000$ in the next few months based on their chart.
~
honestly speaking I would love to see it too, but at the same time it makes me feel scared. expecting the price to go beyond 100,000$ but in the next day after waking up seeing the price goes down for 50%. it is very unpredictable at this moment, everything can happen.
but I still believe we are going to pass 60,000$ before we are going to see the down.

The way you look at this parabolic move to make a crossover above $100k and even $300k as can be seen in the chart, the same way inversely I'm seeing something happening soon. Even if it breaks $60k, I believe there's one more cycle for downside left where BTC will definitely be under $35k if it doesn't continue going up and rather comes down and a new cup formation takes place where BTC will slowly recover back up and then it'll cross $100k.

This wont be a smooth sail ride on where most people been anticipating about reaching the target of 100k for this year.I do also believe that there would be some other deep correction

but wont really be going below in 30k price and if it does then that would be the most deepest or bottom price for this market considering that there are really lots of strong supports

or buy out lines with those levels which its hard to believe that we would really be crashing even more beyond that one.Im not stressing out myself first on reaching 100k.Just cherish out these moving waves
to make money.

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Quote from: DaMut on March 11, 2021, 03:12:05 PM

Quote from: Stedsm on March 11, 2021, 02:48:27 PM

Bitcoin seems to be in a parabolic move, but I don't think that it'll be so easy for BTC to break $100k. The resistance near $50k is still holding hard and BTC retests it again and again while even gets under it many times. I believe that $63k is the max we may see BTC at during this year and it'll remain under $40k till next year after which it'll push back hard and break the $100k area.

Your opinion sounds reasonable and I thought the same thing too, but on the other hand those experts in trading analysist expect Bitcoin to go 100,000$ in the next few months based on their chart.

<<= resized
honestly speaking I would love to see it too, but at the same time it makes me feel scared. expecting the price to go beyond 100,000$ but in the next day after waking up seeing the price goes down for 50%. it is very unpredictable at this moment, everything can happen.
but I still believe we are going to pass 60,000$ before we are going to see the down.

The way you look at this parabolic move to make a crossover above $100k and even $300k as can be seen in the chart, the same way inversely I'm seeing something happening soon. Even if it breaks $60k, I believe there's one more cycle for downside left where BTC will definitely be under $35k if it doesn't continue going up and rather comes down and a new cup formation takes place where BTC will slowly recover back up and then it'll cross $100k.

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Quote from: Stedsm on March 11, 2021, 02:48:27 PM

Bitcoin seems to be in a parabolic move, but I don't think that it'll be so easy for BTC to break $100k. The resistance near $50k is still holding hard and BTC retests it again and again while even gets under it many times. I believe that $63k is the max we may see BTC at during this year and it'll remain under $40k till next year after which it'll push back hard and break the $100k area.

Your opinion sounds reasonable and I thought the same thing too, but on the other hand those experts in trading analysist expect Bitcoin to go 100,000$ in the next few months based on their chart.

honestly speaking I would love to see it too, but at the same time it makes me feel scared. expecting the price to go beyond 100,000$ but in the next day after waking up seeing the price goes down for 50%. it is very unpredictable at this moment, everything can happen.
but I still believe we are going to pass 60,000$ before we are going to see the down.

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Quote from: Rana590 on March 11, 2021, 12:10:43 PM

We are near of $60k and hopefully within couple of days bitcoin will cross the milestone of $60k. I think bitcoin will touch $100k at the end of this year.

Like what everyone is believing to happen. Bitcoin is believed to reach $100k for this year and that's really plausible and might happen. It's different than 2017 and 2018 today.
We have 2021 as the new good sign of bull run and this might end up on that price before it actually ends the bull run cycle.

Quote from: Rana590 on March 11, 2021, 12:10:43 PM

For this, we should avoid panic sell and hold for long term.

Well, many just did from $20k-$50k.

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Bitcoin seems to be in a parabolic move, but I don't think that it'll be so easy for BTC to break $100k. The resistance near $50k is still holding hard and BTC retests it again and again while even gets under it many times. I believe that $63k is the max we may see BTC at during this year and it'll remain under $40k till next year after which it'll push back hard and break the $100k area.

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