Topic: If bitcoin surpasses the $60K level then it will hit higher than $100K - page 2. (Read 984 times)
March 11, 2021, 01:41:22 PM
It's possible but catching up to 100k won't be accomplished fast enough it will at least take more years. Indeed, bitcoin price is close to hitting 60k but that doesn't mean it will continue moving upwards, as at least there will be resistance to a major correction which could happen anytime before hitting the target. I agree about the movement of the altcoins you say, because when the price of bitcoin continues to be pumped higher it has been proven that only certain altcoins are able to go with the flow. But unfortunately, this positive movement occurs evenly and we have to consider this more, of course, so that our investments do not get stuck and to avoid losses.
March 11, 2021, 01:10:43 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. For this, we should avoid panic sell and hold for long term.
March 11, 2021, 12:50:19 AM
Bitcoin price is currently very stable at $ 45k - $ 50k, so I agree that in the near future the Bitcoin price if makes it past the $ 60k price.
So Bitcoin will continue the bull run up to $ 100k, and the good thing is Bitcoin hitting the $ 100k target is very likely to be achieved this year.
Moreover, seeing more and more institutions investing in Bitcoin today, it should make Bitcoin even more desirable. This will make the price of
Bitcoin continue to rise. So who already owns Bitcoin now, don't be in a hurry to sell the Bitcoin that we have. Because if it is true that the Bitcoin
price reaches $ 100k, it will definitely give huge profits to Bitcoin holders.
The chances of this happening will depend on what governments will do from now on, things are slowly going back to normal thanks to the vaccines but the economic situation of the world is still dire, if governments keep printing money as they have done during the last months then I will not be surprised if the 60k level was broken in just a few weeks as investors all over the world finally come to the realization the economy of the world cannot be sustained if governments do not change their monetary policies. So Bitcoin will continue the bull run up to $ 100k, and the good thing is Bitcoin hitting the $ 100k target is very likely to be achieved this year.
Moreover, seeing more and more institutions investing in Bitcoin today, it should make Bitcoin even more desirable. This will make the price of
Bitcoin continue to rise. So who already owns Bitcoin now, don't be in a hurry to sell the Bitcoin that we have. Because if it is true that the Bitcoin
price reaches $ 100k, it will definitely give huge profits to Bitcoin holders.
March 09, 2021, 06:19:17 AM
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.
That is a dream for now and never expect too much for not to fail more.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.
We might see some investors from the end of 2020 deciding to cash out as the first quarter of 2021 draws to a close. It could just be a dip in the markets as has happened this last week when BTC went below $50,000 for a few days, or, it could drive the price down $15,000 (or more) if investors are rattled by the sell-off.
today Bitcoin climbing near to 55,000$ again. 
March 09, 2021, 05:51:24 AM
You said that institutions are investing heavily in bitcoin but at the moment the value of bitcoin just starting to go sideways, this is a clear contradiction, good news but in return, the value is not increasing, sometimes even very sudden price drops. Even though the support level is still relatively strong in the price range you said but given this general situation, new prices cannot be broken in a short time, besides, bitcoin has risen too much, psychology of people are tending to take more profits, instead of continuing to be patient
Going sideways and companies going into crypto are not contradicatory, why? Because these companies do not make moves every single day, and when they do that you hear about it, that is why they may not be doing it right now, this exact moment, but have we seen microstrategy buy over a billion dollars worth of bitcoin? Yes, we have, have we seen grayscale buy bitcoin? Yes we have, what about tesla? Microsoft? All those other ones?We have seen many companies buy bitcoin and that is why I think it is quite obvious that we are in a good situation right now from companies buying but they are not doing it every single day. So, right now we could be going sideways because they are not buying this exact moment, but that doesn't change the fact that they already bought a lot, and they will buy a lot in the future as well, that will make it go upwards instead of sideways when it happens.
March 08, 2021, 06:30:48 AM
In the event that we can make another pinnacle this Month, I'm certain that we can arrive at the degree of $60k in a brief timeframe. We need to screen Bitcoin intently as it gets more unpredictable in the coming days. To be practical also is better remaining with the cost and I accept bitcoin is yet to have an amendment before this colossal value expectation can fire up.
March 08, 2021, 04:13:17 AM
I also think it will surpass $60000, however the current problem has had a lot of changes, the market is not as new to as many people as it was in its early stages. And now we see new investors, they are all large financial institutions that shows the attractiveness of the market and the possibilities that blockchain technology brings. I believe the bitcoin story in 2021 will not end at less than $100,000.
March 08, 2021, 02:55:42 AM
We might see some investors from the end of 2020 deciding to cash out as the first quarter of 2021 draws to a close. It could just be a dip in the markets as has happened this last week when BTC went below $50,000 for a few days, or, it could drive the price down $15,000 (or more) if investors are rattled by the sell-off.
March 07, 2021, 05:38:30 AM
Bitcoin price is currently very stable at $ 45k - $ 50k, so I agree that in the near future the Bitcoin price if makes it past the $ 60k price.
So Bitcoin will continue the bull run up to $ 100k, and the good thing is Bitcoin hitting the $ 100k target is very likely to be achieved this year.
Moreover, seeing more and more institutions investing in Bitcoin today, it should make Bitcoin even more desirable. This will make the price of
Bitcoin continue to rise. So who already owns Bitcoin now, don't be in a hurry to sell the Bitcoin that we have. Because if it is true that the Bitcoin
price reaches $ 100k, it will definitely give huge profits to Bitcoin holders.
You said that institutions are investing heavily in bitcoin but at the moment the value of bitcoin just starting to go sideways, this is a clear contradiction, good news but in return, the value is not increasing, sometimes even very sudden price drops. Even though the support level is still relatively strong in the price range you said but given this general situation, new prices cannot be broken in a short time, besides, bitcoin has risen too much, psychology of people are tending to take more profits, instead of continuing to be patient So Bitcoin will continue the bull run up to $ 100k, and the good thing is Bitcoin hitting the $ 100k target is very likely to be achieved this year.
Moreover, seeing more and more institutions investing in Bitcoin today, it should make Bitcoin even more desirable. This will make the price of
Bitcoin continue to rise. So who already owns Bitcoin now, don't be in a hurry to sell the Bitcoin that we have. Because if it is true that the Bitcoin
price reaches $ 100k, it will definitely give huge profits to Bitcoin holders.
March 07, 2021, 04:13:35 AM
Bitcoin price is currently very stable at $ 45k - $ 50k, so I agree that in the near future the Bitcoin price if makes it past the $ 60k price.
So Bitcoin will continue the bull run up to $ 100k, and the good thing is Bitcoin hitting the $ 100k target is very likely to be achieved this year.
Moreover, seeing more and more institutions investing in Bitcoin today, it should make Bitcoin even more desirable. This will make the price of
Bitcoin continue to rise. So who already owns Bitcoin now, don't be in a hurry to sell the Bitcoin that we have. Because if it is true that the Bitcoin
price reaches $ 100k, it will definitely give huge profits to Bitcoin holders.
So Bitcoin will continue the bull run up to $ 100k, and the good thing is Bitcoin hitting the $ 100k target is very likely to be achieved this year.
Moreover, seeing more and more institutions investing in Bitcoin today, it should make Bitcoin even more desirable. This will make the price of
Bitcoin continue to rise. So who already owns Bitcoin now, don't be in a hurry to sell the Bitcoin that we have. Because if it is true that the Bitcoin
price reaches $ 100k, it will definitely give huge profits to Bitcoin holders.
March 07, 2021, 02:45:18 AM
maybe in 3years it can really happen.
It may happen in less than three years and you will see massive adoption will be happening with bitcoin and altcoin soon. There are lots of traders are stlll believe if we are not yet reaching the end of the bullish trend. For now, is just really hope that the value of BTC stable.
It seems like bitcoin is quite stable now but it's steadily growing too. We can just hope there will be a good news to come soon. Crypto needs a really big news to create FOMO again.
March 07, 2021, 02:19:48 AM
I'm not saying bear market starts now. What the next bear market will be depends on how high the Bitcoin price jumps. If it stops below $100k, then there may be a slight bear market. However, if a new ATH is formed above $200k, the price drop will be very sharp and we will probably be watching the red charts for the next 2 years after such a large market collapse, which could cause a return to the 2018 price.
Even such thing is very unlikely, a price below 5 figures is gone for good, bitcoin has the tendency that once there is a bull market the new low is still above the previous ATH that was broken during that bull run, this means that I do not really expect the price to fall below 20k ever again, and there are many reasons to think this is accurate, institutional investors have stronger hands than what we saw in the past which means we are going to have less panic sellers which will reduce the size of any crash we may experiment when the bull run is over. March 06, 2021, 07:56:12 AM
I also agree with these post, i do really hope that BTC can reach $60k , and then reach $100k, if it really happen, then it will be the best moment of cryptocurrencies, maybe in 3years it can really happen.
For now, is just really hope that the value of BTC stable.
March 06, 2021, 02:34:52 AM
I'm not sure which 2018 price level you are thinking of. Whether the price drops so low will depend on the duration of the bear market that will come sooner or later. If the next bear market lasts as long or longer than the last one (which is very likely), the price may undoubtedly drop to the level from 2018.
I do not believe that prices will fall like in 2018 because the corrections that should have been made at the beginning of that year did not happen instead, they actually increased and even reached every day with renewable ATH. the correction period seems to have passed and the current decline is only to reinforce the jump higher.It should be remembered that last year's increase was the influence of @elonmusk buying bitcoin through the Tesla company which resulted in of all companies and brokers doing the same. but the impact of this year's Halving has not yet been seen and will happen. remember there is still a long time for the Halving effect that could happen at the end of the year.
I'm not saying bear market starts now. What the next bear market will be depends on how high the Bitcoin price jumps. If it stops below $100k, then there may be a slight bear market. However, if a new ATH is formed above $200k, the price drop will be very sharp and we will probably be watching the red charts for the next 2 years after such a large market collapse, which could cause a return to the 2018 price.
March 06, 2021, 01:27:22 AM
I'm not sure which 2018 price level you are thinking of. Whether the price drops so low will depend on the duration of the bear market that will come sooner or later. If the next bear market lasts as long or longer than the last one (which is very likely), the price may undoubtedly drop to the level from 2018.
I do not believe that prices will fall like in 2018 because the corrections that should have been made at the beginning of that year did not happen instead, they actually increased and even reached every day with renewable ATH. the correction period seems to have passed and the current decline is only to reinforce the jump higher.It should be remembered that last year's increase was the influence of @elonmusk buying bitcoin through the Tesla company which resulted in of all companies and brokers doing the same. but the impact of this year's Halving has not yet been seen and will happen. remember there is still a long time for the Halving effect that could happen at the end of the year.
March 06, 2021, 01:04:02 AM
Whether and when the Bitcoin price exceeds $60k does not matter if the Bitcoin price ever reaches the $100k level. Each resistance is crossed under different circumstances and with different market sentiment. After crossing $60k, the price of Bitcoin may well go up to $100k or fall down and cause another long bear market.
I don't think btc can ever fall so low as that of 2018, that time had long gone, yes we will see many corrections but nothing will be as serious as previous reason because btc and crypto have gain more exposure, giant companies are not part of the crypto and btc ecosystem unlike before,
The btc will hit 60k is uncertain, could be soon or much later, but one thing is for sure, btc will hit that target and even higher.
I'm not sure which 2018 price level you are thinking of. Whether the price drops so low will depend on the duration of the bear market that will come sooner or later. If the next bear market lasts as long or longer than the last one (which is very likely), the price may undoubtedly drop to the level from 2018.
March 03, 2021, 09:58:46 PM
I think breaking the $ 100K this year is not easy. figure 60K-70K $ Relevant to be seen as the next high point of bitcoin. If the previous resistance is broken it will be the all-time high of bitcoin. current circulation as well as the number of people who hold on to that number makes prices rise again,low of 43K $ Cannot be crossed yet
I think the resistance level of $ 60000 will soon be broken when you can look at the sentiment of the market, the sentiment of big investors, their greed is very high, Bitcoin's price right now doesn't make them happy, they want more, want bitcoin's value to be pumped further and bitcoin will inevitably follow the crowd, whales will drive bitcoin in that direction. For further resistance levels like 100k$, I do not feel optimistic about this prediction as the capitalization is still not enough to pump, markets like gold and equities are preparing to recover, the capitalization is likely to split in many parts
March 03, 2021, 06:37:48 PM
I think breaking the $ 100K this year is not easy. figure 60K-70K $ Relevant to be seen as the next high point of bitcoin. If the previous resistance is broken it will be the all-time high of bitcoin. current circulation as well as the number of people who hold on to that number makes prices rise again,low of 43K $ Cannot be crossed yet
We should wait until bitcoin will able to break its ath and that makes sense for us to talk about the next pit stop for bitcoin. The resistance around 54k is not yet broken and that means it's too early to talk about that dude. Bitcoin is able surpassing 50k resistance again and that brings the possibility for bitcoin to be able touch another ATH again. Bitcoin is starting to build another support. The market for bitcoin is still very bullish at this moment dude.
March 03, 2021, 10:17:40 AM
This could be possible as long as bull holds it momentum. Now after a short term correction BTC price break $50k and aiming at $60k in near future. These smaller correction help the bitcoin to regain momentum and price hike. $100k is also possible but we might see this price in mid to late 2022.
March 03, 2021, 10:11:05 AM
I think breaking the $ 100K this year is not easy. figure 60K-70K $ Relevant to be seen as the next high point of bitcoin. If the previous resistance is broken it will be the all-time high of bitcoin. current circulation as well as the number of people who hold on to that number makes prices rise again,low of 43K $ Cannot be crossed yet
I think the resistance level of $ 60000 will soon be broken when you can look at the sentiment of the market, the sentiment of big investors, their greed is very high, Bitcoin's price right now doesn't make them happy, they want more, want bitcoin's value to be pumped further and bitcoin will inevitably follow the crowd, whales will drive bitcoin in that direction. For further resistance levels like 100k$, I do not feel optimistic about this prediction as the capitalization is still not enough to pump, markets like gold and equities are preparing to recover, the capitalization is likely to split in many parts Jump to: