Topic: Is the selling pressure in the ATH level can be a problem to reach $100k? - page 3. (Read 753 times)

Everyone has been waiting for it to happen. Not only for those who have bought bitcoin at it last all time high price but also to those who have been holding bitcoin for couple of years now, surely they also want to take part in selling but that will only be possible if a new all time high is reached after the bitcoin halving is done. But if they will decide to sell at the current price, it's clear that they will still be in profits since the price has already crossed the $30k price resistance.

However, if they will chose to hold even longer, that would mean bigger profits in the future. Bitcoin is always highly volatile, and that volatility is the one big reason why a lot of us are even excited to hold even longer knowing bitcoin price will always appreciate no matter how often its price fluctuations.

From what I experienced from the last bull market that smashed the before ATH, $20k. When the price got to the $19k level, I could vividly recall that we had a selling pressure that resulted in a drop which took a number of weeks or even months, and some people even thought we weren't gonna get through the previous $20K ATH,  and it was on the second time I think we got rid of the selling pressure and the resistance at that level of $20k,  So I do think such a scenario may play out this ime around, and we could first have a selling pressure $65-68k, while the next move will smash the $69k ATH. though previous results do not guarantee future results

I have also asked myself that , when the bitcoin reaches a high price, how do I know if it is the top? How do you know if the price at which it is directed is the one it will reach? To sell there I think it is good to rely on analysts, I have many in Particular because there are those from cointelegrap and those who put their own analyzes in tradingview, the most accurate , the ones with the best reputation in tradingview are very good, so I think What that plan would be for me, and obviously in the WO thread you learn a lot and it's also very fun because there are my plans to know when the price will reach its maximum point to be Able to Sell there.

When someone believes in bitcoin, there must be many things that may have been carefully prepared, the goal is to collect as many bitcoins as possible to achieve maximum profits. ATH is a process where we wait to get the expected big profits and along the way we will definitely be faced with a process of correction or sharp decline as time goes by. I still believe the next ATH will be close to $100k because if you look at it historically this price is close to the expected achievement as perhaps the previous ATH point was close.

It is impossible to exceed twice the previous ATH and it is not an interesting discussion because usually the next ATH will adjust the price above the previous ATH. However, no one knows for sure what the ATH will be like in the future and I am still optimistic that the next ATH achievement will reach the price that many people are talking about.

We are not real sure of what the price will hit at, all our speculation is base on assumptions and its under probability, culturally bitcoin price get accelerated when their is a massive demand in bitcoin but their is no massive demands in the market of cryptocurrency bitcoin will not experience any bullish...are you aware that bitcoin only get accelerated when investors venture into it by investing in bitcoin, so basically it's obvious when the demand is high bitcoin rise and when the demand is low bitcoin also decreases.

Expecting bitcoin price to be something that the price will reached up to hundreds thousands [100k] now, I don't think that it will come to pass this year and next year even though we experienced halving, I know quite well that it's possible but it's obvious that in the history of bitcoin what really skyrocket the price is when investors queue in and invest in bitcoin.

The highest experience of bitcoin price since Bitcoin been established, is the time the price rise above sixty thousand, it was six nine thousand we experienced in bitcoin price, and I sure that happened in 2021 if I'm not mistaken, since that time bitcoin price has not gotten to fifty thousand [50k] the price of  bitcoin have never rise above sixt nine thousand...so I don't believe that bitcoin will rise and reach up to hundred thousand without have some fluctuating effect between sixty thousand and seventy thousand in price first.

Selling pressure is something that would not take a second to break as soon as all those sellers see the price change. I mean it looks like there is a selling pressure now, because we do not believe that it will get any better, but at the same time I feel like we are going to end up with something that would not change much and I understand that we are going to end up with something that will change things, and I do think that the best thing to do would be making sure that we are going to end up with something that will do better and go bigger with time.

Buyers are the king of bull runs, and buyers will dictate how high we will go, even if sellers keep on selling, if buyers keep doing better then sellers will be defeated, always think about brute forcing it too. I know that it is going to be fine, and I know that sellers will sell some, but as long as buyers get hyped, nothing can stay on their way, that is the most important thing for all of us right now.

Everything is possible and everything could really happen and this is something that we should really instilling or bare in our mind about those probabilities whether it could happen or not. As an investor or crypto enthusiast then you should really be that preparing yourself on whatever things that could really happen along the way. We cant really be so sure if the adoption rate and the funding will flow through
on this upcoming bull run but pretty much sure that we would really be able to break that 69K ATH that we do have. It is really just that i cant believe that the price would be pushing through x2 on its ATH
and this is why im not really that making myself that too optimistic when it comes to this knowing that probabilities isnt really that sure yet.

It is really just that better that you should really that go with the flow and would really be that prepared on whatever things that you would really be encountering along the way.
Neither we would really be having some breakout or not on 100k price point but just like on what had been mentioned that sell pressure or this price would really be
that a tough resistance to be break if ever.

That is also what CZ said on his post about the halving. If only the bull run occurred much earlier this year, then maybe that would change and we can even witness $100k before the halving occurs. Investing is about making a profit so obviously people are trying their best to sell above their buying price.

This can be done easily if we will only buy at the dip. Not all investors are the same. Maybe some won't invest anymore especially if they fail on this business. So, don't say that they can always accumulate more Bitcoins. Also, Bitcoin is getting scarcer day by the day. We need to sell wisely because we may now find it hard to accumulate again later on.

Reaching that level of price again would be hard but doable because it has reached it before. The hard thing about this is that, would the HODLers be ready for that kind of momentum? They wouldn't be selling into that rise in price? I think having that kind of mindset now puts everyone in a position to sell because they would feel that it might not reach that price point again.

Most people who are not HODLing for the long term are just in it for the profit so an increase in price that significant could cause more volume to sell. I do hope for a strong HALVING.

No one is able to make sure after Halving we will see Bitcoin reaching $ 100K and although it is possible because the previous ATH price of Bitcoin almost touched the price. Not only old investors and even new investors have also been trying to buy Bitcoin at this time. If I am not mistaken considering, even Bitcoin circulating on the stock exchange is far less than the bitcoin stored by investors in certain wallets. Selling pressure will definitely be much greater when the price almost touches $ 100K because investors try to attract large profits at that price.

We also hope that when Halving arrives the price of Bitcoin can be close to $ 100K or more because we have been waiting for this moment for a long time. At least we can jump the maximum amount of profit for those of us who do not have a large amount of capital, so that at the time of the decline in the next period can take accumulation of purchases in a amount greater than usual.

am not sure if truly many investors bought at 69k but of course there are because those are the trapped investors.
and more to call they are the greedy one that expect too much upon the rise.
not sure if we can call this a Bullish when it just happened recently when there is a fake ETF broadcast from Cointelegraph that made the market grows fast.
Of course I respect your prediction , but i will not take that as a complete Yes , I have seen market for years and have manage to look at 2 halving , in which shows me it needed time after halving that the market spikes High.
so basically ?it will not just come easily or immediately after halving.

$100,000 immediately after the halving? By immediately you mean within the halving week or halving month? I don't think so. As far as the available data are concerned regarding ATHs and halvings, it will take some time for an ATH to be reached after the halving. It will be more or less a year, but never immediately. And to think that $100,000 is much higher than the current ATH, immediately is very difficult to happen. I even expect that the selling pressure is already strong at $80,000.

Those who exert selling pressure are those who have entered at a cheaper price and are selling to take advantage of the bullishness that is occurring.
ATH is indeed close, but to reach that peak it takes time and waiting for those who are selling to stop. When the trend continues to be strong to reach the top of the ATH, it will continue. After reaching a new ATH, of course it will determine where the actual highest price will occur and the correction will become more visible.

Selling pressure always gives a challenge to a market that is uptrending.  Since it works in an opposite trend, selling pressure becomes a hurdle to beat by the uptrending market.   If the demand pressure outweigh the selling pressure in a huge margin then I do not think that this selling pressure will hinder Bitcoin from reaching $100k.


The approval of ETF might help greatly since this will bring new funds to the market, making the demand grow.  It will make it easier for Bitcoin to break ATH if FOMO appears but obviously FOMO often times has it backslash when the market sentiment stabilises making a huge correction in the market.

Maybe. There's probably quite a lot of people who consider $100k their exit point, so I reckon if they see the market rushing to $100k, they might just help with that push. You can expect a lot of pressure towards selling after that though since as I've said, they might've helped the market reach $100k, but that's only because they consider it an exit point. A lot of people expect it to happen after all.

Although I don't think it's an "immediate" after the halving. Most ATH's happened around half a year to a year after halving themselves afaik, maybe even more depending on how it goes. We usually don't see any immediate effects after the halving anyway.

All those who bought ATH and haven't sold yet because there was a massive dump after that and they still held it until now can say if they are still not losers, in my opinion. At that time, they just left the car behind, but they can still go back and ride when they get back.

But for those who bought ATH and were impatient to return it, which was the reason for selling what they bought, it can be said that you are really at a loss and you will not get any profit. That was the wrong decision. And I don't see it being a problem to get to 100k of each bitcoin, to be honest.

To reach the previous ATH it will take strong support from the investor and most of the time btc breaks its previous ATH with little effort. The sentiment became so bulish and the market created such FOMO that the market got more buyers than sellers. However most of those who bought btc at its previous ATH already sold their holdings or liquidated them through future contract or lowered their average buy through DCA. So i don't think this will be a problem to be concerned about.

Selling pressure will be very difficult to avoid, especially when investors have seen the profits. I don't deny that some of us have set limits on when to take profits at a certain x, so it will be possible to see them sell when that x is reached. I don't expect the selling pressure to be huge if the hype doesn't die down, it will just make the price break through the next high and hit a new ATH.

Nowadays traders tend to panic because most of them target quick profits. They take advantage of market volatility for short TFs, so the consequence is that selling pressure is always higher when prices move to test resistance.

Totally depends and there's no way on knowing into those people who had been able to bought on 69k peak price and do able to hold even up to now. For sure that they might have been able to sell on the price that hits up 50k or even on 40k which cutting their losses which somewhat is a better or good call than on cashing out on that bottom of 15k which we know that this had been the bottom for this cycle. Somewhat
we arent still able to see that last dump before bull run kick in on which this is usually be happening on post-halving season. $100k is something that really realistic compared into those million dollar price kind of prediction on which it is really just that absurd on having this kind of prediction because breaking $100k should really be that in first priority.

It is unlikely that we would be able to see x2 or x3 on previous ATH that we do have on this upcoming bull cycle but well everything is really just that still an assumption yet we know that
this market doesnt really fail when it comes to surprises and unexpected events that majority hadnt been anticipating that it could really happen. Market is always that unpredictable and there's no way
on telling on what would be this upcoming bull run would look like whether it would really be just the same on the previous one when it comes to movement or there would really be some
in decrease when it comes to intensity in terms of moving up on prices. Lets see on what happens!

If we get close to breaking a new all time high, the fear of missing out in the market will be incredible and surely propel the price well passed the all time high into new territory. Right now people are still sitting on the fence and listening about Bitcoin. When the hype starts up again the rally we see will be absolutely face melting incredible.