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Topic: If bitcoin surpasses the $60K level then it will hit higher than $100K - page 5. (Read 1081 times)

hero member
Activity: 3164
Merit: 675
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I do believe that there is a chance we could probably lose a lot of money with this if we keep it up, obviously bitcoin is looking strong but there are tons of people who are doing things that are very risky just because bitcoin has been decent for the past few months. I get that bitcoin did a whole 5x and even 10x if you think about last march, but that doesn't mean that it should be doing that again. If we move above 60k we would be still quite high and doing another 40k+ on top of that would be very risky.

I am not saying it can never be 100k, in fact I believe it will 100k one day or another for sure, all I am saying is that we should be careful. What can you do? Have a relaxed stop loss, price is at 60k? Put a stop loss at 40k and you will be at least a bit more ready for a drop if it happens.
full member
Activity: 1750
Merit: 118
bitcoin is already at 50k usd wont you not consider this price @op for btc to become 100k usd someday ? i think you should because it was only a small difference , its just 10k usd before we hit 60k usd .

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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

oh no it looks like this prediction of yours is a failure because theres many altcoins that arent in the top 5 spot and also have a billion cap/supply but still manage to pump and achieve thier new all time highs and one that is memorable of them all is the doge coin  .  eth didnt also drop but it did rise but its funny that its transaction fee are also pumping lol  .
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
If bitcoin surpasses the $60K level then it will hit higher than $100K


Of course that would be the next target because Bitcoin designed and being used as the value increases ( well as long as it is Mineable ) i don't know what will happen after all the Bitcoin was mined since i'm sure even the next generation from me won't witnessed that time.

But the thing is how long we will wait for the 100k to be reached because we already Hit 50k last night and continues to come and back today but cannot seems to stay long time.
full member
Activity: 1204
Merit: 102
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.

It may be the next prediction in the bitcoin price. Over a long time, the price of bitcoin was predicted to the value of 20,000$.But now it had crossed that and in additional it reach the value of  40,000$.Now the prediction was up to the next level of 60k$.But their is no wonder on this.And I don't think it will reach 100k$ in a period of two years.

yeah i thought so too, 100k might be the target in the next bulls. and the next bull market will not be there before the bears occur. So it won't happen in this immediate future. maybe during the next halving or when bitcoin has reached the max supply. I was more worried about the impact it would have if this target came true. Bitcoin dominance will certainly get stronger and altcoins will be under heavy pressure in the future.
hero member
Activity: 2744
Merit: 588
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.
full member
Activity: 588
Merit: 103
in my prediction btc will increase to $ 70k and then it will continue its bearishness for years. because too many people are taking profit of the current bull market. we can buy it back when the price has fallen too deep.
hero member
Activity: 2282
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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.
newbie
Activity: 41
Merit: 0
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.

Im hoping that Bitcoin will be over $100,000 for this year, it keeps on growing and growing as more institutions are coming in and investing on it which means that it will make price pump even more. We just need to hope that the bubble wont snap just like what happened years ago, or else all of us specially big companies will be doomed in an instant even tho we can just hodl and wait for the pump again for years.
newbie
Activity: 30
Merit: 0
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.
sr. member
Activity: 1610
Merit: 264
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It's possible from how the 49k is about to break 50k mark right now but I would still expect a lot of correction before that happens so there's that.
Many tokens are surely for the sell, because many would probably convert their tokens to BTC once that breach happens but hey we still don't know what's going on in each investor's minds.
full member
Activity: 1134
Merit: 105
If bitcoin surpasses the $60K level then it will hit higher than $100K


No, It will not happen immediately. Bitcoin will topped out near 62,000$ and then we may retracement back to 50k. I would suggest people not to fomo for 100,000$.  Bitcoin will achieve this target but it may take few months.
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
$100k still far from the way it looks but it looks like it will be...
we have already seen that when Bitcoin crosses $ 20k it keeps going up and becomes $ 40k. maybe if Bitcoin has reached $ 60k then the price will continue to go up to $ 100k or more. I am very optimistic that later there will be more companies that will make Bitcoin their safe haven so that the price of Bitcoin continues to soar.

This is true that $100k will still be a long way to go but if you were to apply it way back in 2012, no one expected its price to skyrocket above the $20,000 range.

The key here is to HODL for long-term. I learned this the hard way because upon checking the total number of my received bitcoins (from campaign signature earnings since 2018) it amounted to around $18,000 at its current market value. Imagine, if people were to HODL this year (2021) then what would its price maybe 4-5 years from now? Expect it to at least (maybe?) double its price in the very near future.

Everything is possible when it comes to BTC. It always surprises it HODLERS with un imaginable price movements. One year ago we couldn't predict that it will surpass 48K in just 12 months but it did. The current BTC chart on weekly time frame reflects strong uptrend of BTC and it might go beyond 100K during 2021.



https://www.tradingview.com/chart/BTCUSD/KOuAxudu-Bitcoin-Weekly-Says-100K-Long-Term-Chart/
sr. member
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
The key here is to HODL for long-term. I learned this the hard way because upon checking the total number of my received bitcoins (from campaign signature earnings since 2018) it amounted to around $18,000 at its current market value. Imagine, if people were to HODL this year (2021) then what would its price maybe 4-5 years from now? Expect it to at least (maybe?) double its price in the very near future.
Well, you have a point here, bitcoin has always created a new ATH every four years, --before I don't expect that bitcoin will double the price as a previous ATH. I thought that is enough if bitcoin will surpass the previous ATH but now it doubled the price. There is no way to predict the market price and it will always be making as a surprise when bitcoin pumped too much in the market. Indeed, that is a good decision, [HODL] your bitcoin at least even 5 years long, you will see your profit perhaps folds how many times.
hero member
Activity: 2268
Merit: 789
$100k still far from the way it looks but it looks like it will be...
we have already seen that when Bitcoin crosses $ 20k it keeps going up and becomes $ 40k. maybe if Bitcoin has reached $ 60k then the price will continue to go up to $ 100k or more. I am very optimistic that later there will be more companies that will make Bitcoin their safe haven so that the price of Bitcoin continues to soar.

This is true that $100k will still be a long way to go but if you were to apply it way back in 2012, no one expected its price to skyrocket above the $20,000 range.

The key here is to HODL for long-term. I learned this the hard way because upon checking the total number of my received bitcoins (from campaign signature earnings since 2018) it amounted to around $18,000 at its current market value. Imagine, if people were to HODL this year (2021) then what would its price maybe 4-5 years from now? Expect it to at least (maybe?) double its price in the very near future.
hero member
Activity: 2968
Merit: 687
Even if the $60,000 will be attained sooner or later we must first think of the price of Bitcoin to reach the $50,000 mark price before even thinking of the higher price than that. Also, if ever those prices will be attained, still there is no assurance that the price of Bitcoin can get that fast and easy for the predicted and expected price of many which is the $100k mark. It will still be a long run before such thing can happen. I have no doubt on that but still we must limit our expectations into the present and realistic future based on what we can just see. Imagination and expectation are real difficult ones to be meet and attained so better if we will just wait and see for it to happen in front of us.
People do really love to exaggerate things up when they do saw that the market is climbing up and believing that reaching 100k is near up into their reach without even
tending to look back on how long we've been waiting for breaking that previous ATH which is 20k.Good thing that adoption news and events did happen
along the way which really drives the market even way more higher.

The question or talks about 100k then lets just consider first on how we gonna break that 50k point because we've been testing out to break this resistance.
and we don't know on when we would able to succeed but of course don't remove the thing that correction can happen anytime.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
Even if the $60,000 will be attained sooner or later we must first think of the price of Bitcoin to reach the $50,000 mark price before even thinking of the higher price than that. Also, if ever those prices will be attained, still there is no assurance that the price of Bitcoin can get that fast and easy for the predicted and expected price of many which is the $100k mark. It will still be a long run before such thing can happen. I have no doubt on that but still we must limit our expectations into the present and realistic future based on what we can just see. Imagination and expectation are real difficult ones to be meet and attained so better if we will just wait and see for it to happen in front of us.
jr. member
Activity: 60
Merit: 1
the 6ok$ region is a must to attain. this things are strange but i must say, this bull run is a different one and there is no sign that its going to end soon even though dip usually start with chinese holidays but might be different this time.
hero member
Activity: 3066
Merit: 629
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Bitcoin safe point according to predictions when it costs $ 70k to get to the higher position of $ 100k. but if bitcoin can hit $ 60k that's part of the sign bitcoin is going to go higher and that's for sure. only time can not be determined when the increase will occur
Target first the $50k and then we'll go closely to $60k and that's going to be easy for bitcoin. Right now, $44k and it might hit $50k any time soon once there's another institution that buys a lot of bitcoin. It's a different thing because it's Tesla but if there's another financial or popular company that announces their purchase, the market will react as usual and would FOMO which can trigger the price to go as high as those prices that we're discussing.
legendary
Activity: 3318
Merit: 1128
There are lots of people that are which have been holding bitcoin and they have been happy as price of bitcoin rise to $40k why some set of people are regretting because they did not buy when the price was still very low.
Currently price of bitcoin is dropping which people are thinking is a sign of dump already which is completely wrong drop in bitcoin price is just a correction which is normal and healthy for bitcoin, after the correct bitcoin is going to pump hard which am expecting bitcoin at $100k in the nearest future.
Bitcoin price is not dropping right now in fact we have broke over the ATH price once again and anyone who didn't kept their bitcoins are living in a very sad world right now, and anyone who kept their bitcoins must be feeling awesome right now considering how much it increased.

Think about it this way, when the price was around at 29k there were a lot of people who talked about how we could reach under 20k price and the crash was coming, they were all afraid of price going even under 10k as well, what happened? Bitcoin reached 50% higher under 1 month, that is 50% profit in less than 1 month. That is the kind of power bitcoin has and thats how high it can reach very quickly. Obviously tesla buying 1.5 billion dollars worth of bitcoin definitely played a big role in this and nobody could have seen it coming, but that is definitely a thing that can happen in bitcoin world.
full member
Activity: 1946
Merit: 112
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.

I also did a little research on the BTC price account and there is a high probability that 2021 will be a year of growth and the BTC price can reach $ 100,000 or more. As far as altcoins go, I also bet on ETH and LTC. Litecoin hasn't shown its main growth yet and is probably looking very attractive for investments right now. I have already bought LTC and I expect its rapid growth very soon. In any case, all of us right now need to be as focused as possible on what is happening in the crypto market in order not to miss the opportunity to make money.
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