Topic: If bitcoin surpasses the $60K level then it will hit higher than $100K - page 6. (Read 984 times)

There is no way you can predict them. Today, I thought that bitcoin would reach 45K because it crossed 44K barrier but it went down. Logically, since it went up to 44K, people should hope for further rise and their actions should cause this but what happened is following: People started panic selling in low price because they thought: Oh, 44K is high, let's make some profit. I believe we will reach 45K soon but it needs some time, it doesn't happen automatically after reaching certain level. And if it reaches 60K, it doesn't mean that people's mindset will change and 100K will be guaranteed (or even higher). People sell when they make a good profit.

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

Only Bitcoin and Ethereum are worth buying and hodling for me and yes, you can include Litecoin but not too much. Bitcoin could hit $100k or even more this year coz' We even hit a new ATH for both BTC and ETH almost every month and I would like to see both hit another ATH for the following months 'til it becomes $100k and $10k for ETH.

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. Lot's of people have been complaining about the massive pump in bitcoin price which hit all time high, people think there will definitely be dump but I believe bitcoin price is still very low which in the next few months you won't see bitcoin at the current price. So if you are the type that is interested in buying bitcoin and probably you are scared that the price is too high and you are waiting for dump before buying I don't think that will be possible the only thing I know is possible for now is correction which is normal and healthy before the next pump which might be around $50k before the another correction then we should be expecting another pump. So this is the right time to Buy and hold bitcoin to avoid regretting not buying in the nearest future or if you sold yours already this is the perfect time to enter again.

Many already sell their holdings when the price reach it's ATH recently but now that the companies were engaging in crypto and many known or institutional companies is into it reaching more ATH these year is really possible since more companies might explore BTC too, as the economy struggle, bitcoin is pumping since many finds other ways to shift their investment in a much active platform.

nothing is impossible bitcoin will hit higher than $ 100K, I also hope bitcoin this year will be above $ 100K.
but not that easy, How will fundamental factors affect Bitcoin in 2021.

I think the main logic behind this has been a lacking one but understandable one. Of course they are wrong, but it is at least known why they are wrong. The main reason why they say this is the fact that there are not many sell orders between 60k and 100k, which means there is no resistance neither, in a very wonderful world it will stay like that and when we reach 60k there will still be no sellers and buyers will just take the price from 60k to 100k without any problems at all.

However we all know reality is not Like that, we do not have sellers all that much there because the price is far away, when we get there the sellers will show up. Hence why I think it is quite obvious that they are very wrong, but I also do understand why they are wrong as well, it is not some illogical argument, its just not knowing what happens when the price increases a lot.

I disagree.

Seeing Bitcoin jumped from $20,000 to $42,000 in just two weeks if I'm not mistaken was already a proof that $100,000 per Bitcoin is not too far from now. However, of course, whenever it'll make new ATH(s) it will surely going to have a little or big correction that'll make it relax fluctuating in a very little price gap only, and then it'll try to destroy the resistance and fly again. It will just going to repeat over and over again until we hit the very peak price of Bitcoin.

How and why? People has been making insane predictions the last few weeks without any solid factual backups. I have seen people making prediction that within few months, if there isn't any resistance, the price will exceed $200k USD. But, based on what? Are they trying to spread fomo among people?
Even the altcoin predictions that you have done over here needs explanation. Lower market cap coins are profitable in what sense? Never heard of Miota and Ark though. Even bitcoin reached $60k, it is going to take more than few months since we are yet to see market corrections. I am hearing about this new regulation coming from FinCEN where we will have to register and declare our private wallets if we want to use exchanges. Not sure how this is going to affect the market.

It will take some time.

There are a lot of people that are so amazed by how the price of Bitcoin rose to $40K. It is more than $40K and since it is still hanging at $36K right now, it still has that potential of increasing to $50K or maybe $60K. That price level is possible but I don't think it will be reaching $100K this year or the next since I know there will be a lot of people that would take advantage of the next ATHs.

I have observed that litecoin doesn't really follow bitcoins pattern any more just it did a few years ago. Litecoin has hit $300 or even more in 2017 when Bitcoin prices were half of what it is now today, but now litecoin is floating around $150-$170 without much movement. I think the surge in price for litecoin was also because the whole market was up and not just Bitcoin. 2021 will be a very interesting year for us crypto enthusiastic people

I mean $100K actually closer than what people think it is,Maybe we just hear the number $100K and think it's so much and something valued at that price point might be crazy but that's not actually true. Just see how bitcoin could climb up from $30K to $40K like so fast. What it takes for bitcoin to reach that price point($100K) is just mass adoption. Bitcoin is hard capped total supply will stay the same or even decrease. At some point it's gonna be more scarce than some minerals (or it already is?). $100k is reasonable if you see from that perspective.

Bitcoin expected to hit $100k, so it should surpass $60k to reach that level, I wouldn't say $100k is the limit but it still far ahead. First, bitcoin has to establish strong support above $40k then we can speculate about $50k, then $60k. Eth and Ltc are the best two coins after bitcoin, the market fluctuates following bitcoin but only those two coins manage to hold a good position although other altcoins drop against the rise of bitcoin.

Understandably, 100k is still a dream for many of us and being practical and realistic about the situation is the most rational approach. We will never know, speculations tend to come true and everyone back then did not believe that bitcoin will ever reach a certain amount but then it happened, there is no divine mystery behind, it is all just a matter of time that we will reach this mark and everyone will be celebrating. Investors are still pouring their money so the resistance might be broken in just a matter of time now.

The rally in BTCitcoin is helped by financial institutions and they determine whether the rally would continue breaching new milestones, adoption among individuals is what i want to see as an enthusiast rather than these institutional pump and dump. In terms of merchants accepting cryptocurrency it all depends upon how the transaction fees can be maintained to a certain level with faster confirmation and we might even see regulation in the cyrptocurrency space in the near future and all these will have an impact in the market.

Till now the transaction fees in BTCitcoin is not that high compared to the last rallies as we could make a transaction with 30 SAT/B and get a confirmation within half an hour which is pretty decent.

Bitcoin is quite stable at the 30k - 40k range and we don't know when bitcoin will be able to break 60k range even when bitcoin is not even broken 50k range too.
We must be a real person. Even when bitcoin can break it and it doesn't mean 100k can be achieved instantly.
We will see whether the chart is still showing the bullish signal or otherwise the opposite thing will happen. It seems like bitcoin failed to break 40k resistance.

We did only hope for the price to reach its ATH but bitcoin did really surprise us a lot when it able to break out even 25k levels or 30k without any effort or hardship or even on a short time period which we hadnt able to see
in all the years where bitcoin is still starting up or to those earlier years.If this run would really continue then expect that we would really be reaching 100k usd in no time even though i wont really believing that it can be attained nor achieved in this year 2021.There would be lots of sell-off points when those big investors or to those who do accumulate while its still cheap.Expect for a bumpy ride and those hopes shouldnt really be
widen to a certain extent on where you arent even making some unrealistic goals in mind.Set and secure profits while you can because this isnt an opportunity that can be seen for a while. Doubts? Im just playing
safely and secure. LOL!

So many analyst on bitcoin prediction and that is beginning to confuse many. To be realistic too is better staying with the price and I believe bitcoin is yet to have a correction before this huge price prediction can start up. So if we keep having hope for highvprices , it may bring temptation for a wrong analysis.

This might possible that this bull run will lead to the price of $100K at the end of this year and also possibly will not, or it will drop down below $30K but I don't think it will have a further drop below $20K.  For now, we have experienced a short correction, the price has been dropped but I still a healthier market, it will surely resist and ready to rise again.  Though all of these are all my assumptions, I can't be assured it will accurately happen.

Regarding altcoins, you're pretty safe if you will invest in the top 10 altcoins in CMC.  Let's always give a big share to Bitcoin and Ethereum in investment and avoid newly listed projects.

It is very likely that Bitcoin when it exceeds the $ 60k level if it manages to reach $ 100k, being above that value many will buy and buy bitcoin due to the emotion that it unleashes in people, apart from the institutions will be ready to buy in the corrections that appear, if it reaches $ 100k I'm sure it will exceed.