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Topic: If bitcoin surpasses the $60K level then it will hit higher than $100K - page 4. (Read 984 times)

hero member
Activity: 2492
Merit: 542
it is likely, bitcoin touches $ 60k the jump to $ 100k will be easier to achieve and later the price of all altcoins will soar up. I hope something like that can happen in the near future and might be one of the good things for cryptocurrency
$100k will take few months to achieve its not that easy a lot of investors are going to sell and for sure price will have big correction when this happened weak hands will again sell in this level thinking that its the top to avoid big losses and then after the dump this can go sideways again collecting more liquidity to move upward its more likely to take 2-3 months from here before we can reach the thousand dollar level if the bulls continue to dominate the market.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
I think $ 50000 was the psychological limit for Bitcoin and we crossed that line. After that, the 51-52 thousand dollar thresholds were quickly exceeded. Good chart in Bitcoin also increases investment in altcoins. With good news, the bull market may continue for a while.
That is how the markets work, at first it may seem as if the 50k level is not special at all, after all what is so different about 50k? But the main importance of that level is that for the first time ever the journey to reach 100k is less than halfway there and when we take this into account it is natural that as soon as we surpassed that level the price went up significantly, now the price did not skyrocket as much as we thought it could but if things continue in the current direction reaching 100k will just be a matter of time and most likely we will see that level before the year ends.
hero member
Activity: 1610
Merit: 507
The price of Bitcoin is still growing and it will be continuing. So we are not far away from $60k and I think bitcoin will hit $60k very soon. We should wait some days to see this moment.

If the price goes up too fast, that won't be good. 60 thousand dollars is a good target in the short term, but I think it is better to wait a couple of weeks and stay at these prices rather than within a few days Smiley
Bitcoin is taking firm steps this time, we are in the middle of the bull season
I am worried about when the situation changes and the price will go down too fast and smash us without mercy. We already see what was happening in 2018-2019 when the bitcoin price rose so high, and then the next hours, the price jump to the lowest price without we know. This situation makes us really careful because if the price is down, the downtrend will be lower. I just do not expect the very deepest drop. But I still have a hope that the price will still increase this year.
hero member
Activity: 1428
Merit: 506
It could happen to surpass $60k since currently price is increasing. We have observe price reach above $52k so a huge chance to reach its price. Anytime it can happen just like the previous all time high many users surprise the swing movement of bitcoin.
sr. member
Activity: 1120
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it is likely, bitcoin touches $ 60k the jump to $ 100k will be easier to achieve and later the price of all altcoins will soar up. I hope something like that can happen in the near future and might be one of the good things for cryptocurrency
legendary
Activity: 2562
Merit: 1482
The price of Bitcoin is still growing and it will be continuing. So we are not far away from $60k and I think bitcoin will hit $60k very soon. We should wait some days to see this moment.

If the price goes up too fast, that won't be good. 60 thousand dollars is a good target in the short term, but I think it is better to wait a couple of weeks and stay at these prices rather than within a few days Smiley
Bitcoin is taking firm steps this time, we are in the middle of the bull season
sr. member
Activity: 2506
Merit: 368
Still curious about why 60k and not 50k,,, it doesn't make much sense to me in a logic perspective because 50k is a lot more psychologically stable than 60k. Or is it because 100k means 50k has to go up 100% while for 60k it's just a 66% increase?

Keep buying. We'll see 55k on the weekend for sure!
No matter what the prediction number is it's still a prediction/speculation price anyone can say what price they wanted to say. Maybe OP have seen it going to happen and look at the price now? It's almost near to break that $60k resistance soon all we have to do is wait if any large institutional investors will going to join the parade. And most top altcoins will follow through especially those OP mentioned like ETH and LTC.
hero member
Activity: 2912
Merit: 627
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The price of Bitcoin is still growing and it will be continuing. So we are not far away from $60k and I think bitcoin will hit $60k very soon. We should wait some days to see this moment.
It's just about $8000 away from that price. Bitcoin set at $52000 and that's very near to the $60k level. Holding on is the best thing to do although we don't know how long it needs to get to that price. As long as you hold it, just wait until you witness $60000.

With how people go crazy with BTC right now specially on twitter trends along with DOGE, new people are jumping into cryptocurrencies as some of the big Billionaires went full on crypto aswell like Mark Cuban and Elon Musk. Plus it reached 50k not that long ago and the momentum hasnt died down either. Its really, REALLY possivle
Mark Cuban? nope, he didn't just jump off because of the trend. He's been known as bitcoin and Ethereum supporter even before, a few years ago.
(https://www.forbes.com/sites/andrewrossow/2018/01/31/mark-cuban-brings-mavericks-into-crypto-market-but-cautions-millennial-investment/?sh=565e380f102a)
hero member
Activity: 2240
Merit: 953
Temporary forum vacation
Still curious about why 60k and not 50k,,, it doesn't make much sense to me in a logic perspective because 50k is a lot more psychologically stable than 60k. Or is it because 100k means 50k has to go up 100% while for 60k it's just a 66% increase?

Keep buying. We'll see 55k on the weekend for sure!
member
Activity: 504
Merit: 10
umachit.fund
I think $ 50000 was the psychological limit for Bitcoin and we crossed that line. After that, the 51-52 thousand dollar thresholds were quickly exceeded. Good chart in Bitcoin also increases investment in altcoins. With good news, the bull market may continue for a while.
full member
Activity: 1428
Merit: 120
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The holding tendency and driving force for drag friction are enormous from large institutional investors. Bitcoin's competition for value will not stop. The next surprise is Motley Fool - a rich guy went into bitcoin and waited for the price of 500k $. Probably overwhelming but we'd be nice to have 80k - 100k $. If bitcoin creates a huge opportunity as a "core stock" for any corporation or organization to aim for. Bitcoin is the fascinating thing right now.
sr. member
Activity: 1750
Merit: 267
The price of Bitcoin is still growing and it will be continuing. So we are not far away from $60k and I think bitcoin will hit $60k very soon. We should wait some days to see this moment.
sr. member
Activity: 1162
Merit: 268
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Bitcoin prices Cross now to an All-time how of 52k USD and I think its price still grow to 60k.
It sure has an effect on some big companies again announcing that they are investing in BTC
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
If that will ever happen, It won't be the work of famous figures in the industry but rather because of the institutional investors slowly getting their investments right with Bitcoin. After the Tesla news, I believe that it attracted a lot of institutions to do the same and I believe that's going to be a big jump for Bitcoin. Bank of NY Mellon last week even said it formed a new unit to help clients own and trade digital assets.

I have been watching BTC on KuCoin and I've seen it hit the ATH just recently, Bitcoin was consolidating under the $38,000 resistance area for a prolonged period. This presented a risk to the short-term bull cycle of Bitcoin. Resistance is quite strong on $49900 though so I advise everyone to be really careful trading.
That is a possibility however I am more inclined to believe that what we are going to see in the near future is that more institutional investors are going to reveal that they had already invested in bitcoin, I say this because the price is already very high and while it is obvious that institutional investors have the money to invest in bitcoin at whatever price they want I am not so sure they will be too eager to come to this market when the price is already too high, most likely they have been buying all the bitcoin they could when the price was under 10k and right now they are just holding.
newbie
Activity: 6
Merit: 0
With how people go crazy with BTC right now specially on twitter trends along with DOGE, new people are jumping into cryptocurrencies as some of the big Billionaires went full on crypto aswell like Mark Cuban and Elon Musk. Plus it reached 50k not that long ago and the momentum hasnt died down either. Its really, REALLY possivle
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Sooner or later, bitcoin will surpass the $60k and the price now is at $50k. It could happen this year, and we still have many months before this year's end, so the chances for bitcoin price to go to the next high price still wide open. But before the price goes to that price, we will see many times for the correction that can happen, so we need to prepare for the rollercoaster, but we have the chance to buy back Bitcoin at a low price. If the price can surpass $60k, then the next target price will be at $75k, which is not easy to reach, and if the price can reach $60k in this month or next month, it could attract many big companies to join in the bitcoin world.
hero member
Activity: 2492
Merit: 542
It will definitely surpass the 60k if we consider the supply and demand even without looking at the chart but using the data we have now in bitcoin which supply on exchanges are getting low everyday as the demand are also increasing everyday it will be the most scarce and in demand asset in the future, I think its still too early to accumulate even at 60k if the target will be a million dollar in the next few years.
hero member
Activity: 2240
Merit: 953
Temporary forum vacation
Right now we are above 50k, and not like yesterday when it touched for a flash, now it is just climbing higher and higher. I would think that it would be 50k that triggers a new high but why 60k and not 75k which is the more psychologically cooler milestone?Smiley

Anyway people, do enjoy this!
full member
Activity: 700
Merit: 100
Sovryn - 300-500% APY on USDT Deposit
i don't think so, the price of any coin or token cant be predicted. but there are also many lately whose views remain on technical analysis, but, basically it depends on the fundamentals of the coin, one of which is bitcoin. when Tesla invested in a sizeable amount of bitcoin, it had a huge impact on the current price of bitcoin.
legendary
Activity: 2954
Merit: 1050
Leading Crypto Sports Betting & Casino Platform
In my Binance pop-up notification, it says that Bitcoin is just $50 shy of reaching $50k. Wow that was close! I certainly believe that when it is gonna reach $60k, the bullish momentum would really go even further and the possibility to reach $100k per BTC. I can see that coming, possibly this year but no promises.

If reaching $100k before is just a dream, now, it is turning to a possibility.
Maybe not this year, but in the few years to come.
As more and more companies are going into crypto, and more merchants integrating crypto in their payment system, it is no doubt that we will increase crypto adoption.
And with the increase in adoption comes the demand in the market, which will eventually, affect its price.
But right now, plan conservatively, so you will not be disappointed if it will not happen within your targets.

That's reality, there are  many institutional investors who are now inside this market. With huge amount of money that they can play and invest around, that dream are now starting to fulfill.

Almost in $50K level now and the market still showing green sign, this bull is continuing and it's been there with pressures that it will be move more upwards, we can't really assume the exact time frame but the possibilities that it will reach $100K is no longer far from reality it's just a matter of time and additional newcomers who will also invest decent amount of money.

With more known names from financial market, Bitcoin will gain more exposures, it's not hard now since social medias can
reached more audiences more interest will flows with some good hypes coming from influencial names from the business sectors.
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