MicroStrategy is predicting BTC will hit $100kby the end of the year.

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Quote from: Wind_FURY on November 27, 2024, 11:50:11 PM

Quote from: SickDayIn on November 26, 2024, 09:45:53 AM

Agreed it's a very conservative estimate given the action we have seen recently. I believe end of December, early January there will be another massive pump, particularly around the time Donald Trump becomes the president again in the united states.

It's very laughable that currently $100,000 per Bitcoin is a "conservative" estimate, because last and the other cycle there were a handful of people who were "estimating" six digits per Bitcoin and most of the people found that laughable.

Plus with the current price movement, and with more people merely now understanding the possibilities, if you tell them SEVEN digits, they would believe it would be a possibility. Does that mean Bitcoin is going to EIGHT digits?

🤔

We just need to think clearly with metrics from the previous cycles in mind - that's it.
I don't see pumps at all from Trump and his inauguration, instead, we may see a relatively small dump in price or a big correction, and after it, the liquidity will flow towards BTC again to continue the rally and break the ATH.

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Quote from: Finestream on November 21, 2024, 02:19:20 AM

Quote from: https://www.fxstreet.com/cryptocurrencies/news/michael-saylor-predicts-bitcoin-to-surge-to-100k-by-year-end-202411151419

---MicroStrategy Executive Chairman Michael Saylor expects Bitcoin to hit $100,000 by year-end, citing the US election outcome as a major catalyst.
---Bitcoin reached an all-time high above $93,200 on Wednesday, shortly after the US CPI report.
---MicroStrategy said on Monday that it bought an additional $2.03 billion in Bitcoin, increasing its total holdings to 279,420 BTC.

Well, it looks like they’re onto something because Bitcoin has already surged to $97k! That’s just $3k shy of their prediction, and guess what, it’s not even the end of the year yet. Heck, it’s not even the end of the month, with 9 days left before flipping the calendar. After that, we’ve got a whole 31 days to hit or surpass that target.

Bitcoin at $60,000 is not Bitcoin at $95,000, so what do you expect? However, I give them the respect of a reasonable prediction because they are not too lousy about that, despite that it's almost certain now that Bitcoin will hit $100,000, they're not like those who would say it will hit $250,000 next year, they are feasible.

From there, who knows? Bitcoin might edge higher and even $120,000 is becoming more certain than ever, and if Bitcoin can hit $100,000 this year, the first quarter of next year can't be idle without some bullish excitement too. Wink

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Quote from: SickDayIn on November 26, 2024, 09:45:53 AM

Agreed it's a very conservative estimate given the action we have seen recently. I believe end of December, early January there will be another massive pump, particularly around the time Donald Trump becomes the president again in the united states.

It's very laughable that currently $100,000 per Bitcoin is a "conservative" estimate, because last and the other cycle there were a handful of people who were "estimating" six digits per Bitcoin and most of the people found that laughable.

Plus with the current price movement, and with more people merely now understanding the possibilities, if you tell them SEVEN digits, they would believe it would be a possibility. Does that mean Bitcoin is going to EIGHT digits?

🤔

SickDayIn

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Agreed it's a very conservative estimate given the action we have seen recently. I believe end of December, early January there will be another massive pump, particularly around the time Donald Trump becomes the president again in the united states.

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Quote from: markleal on November 25, 2024, 09:21:35 AM

The most important part of the MicroStrategy news is that Saylor also discussed broader implications for Bitcoin as a potential strategic reserve asset for the U.S. Thats mean BTC is being valued like the gold. And if that came to light, the $100k price of today will be just a dime for tomorrow.

The number is quite easy for BTC to $ 100K, although today only scored $ 99.6k and even more distances to reach $ 100k, unfortunately BTCD has begun to decline, but it is not difficult to continue this month without emotion waiting for the end year.

I was quite amazed by the Microstrategy, he was really serious about gathering bitcoin before the government bought it as a state foreign exchange or reserves of state assets, but we are still waiting for the council's approval for this matter, it seems to still need a maneuver to support this professor so that it can be accepted by the US government .

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The most important part of the MicroStrategy news is that Saylor also discussed broader implications for Bitcoin as a potential strategic reserve asset for the U.S. Thats mean BTC is being valued like the gold. And if that came to light, the $100k price of today will be just a dime for tomorrow.

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Quote from: nelson4lov on November 24, 2024, 05:47:30 PM

Are $100K predictions still a thing anymore? I expected price targets to be a lot higher now that Bitcoin already came close to the 6 digits mark. It was just $500 away from hitting it and I have a feeling we'll see $100K before the new years because right now, all markets are parabolic not just crypto and will continue to do so till the end of the year and probably in 2025 as well.

Although that it may be the "easiest"/no-challenge prediction currently made by MicroStrategy, $100,000 is still a very important price-point for Bitcoin. That's six digits per coin - valuation that merely a few people would say loudly in public.

Quote

$1M target are now looking very realistic and no longer a meme.

Saying that, or giving out the mere suggestion of seven digits per Bitcoin, last cycle would be very laughable for many people.

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Quote from: Botnake on November 25, 2024, 08:59:35 AM

Bitcoin hasn’t hit $100K yet, and it seems like they got tired of waiting, so they decided to make a move by buying 55,000 Bitcoins... With that kind of effort, I wouldn’t be surprised if we wake up tomorrow and Bitcoin is trading above $100K. For now, I’ll sleep early and let the market work its magic overnight. Cheesy

Quote from: heslo on November 25, 2024, 08:10:40 AM

He's done it again!

The mad lad is really into the game, however, I do think it won't move the price much - just another factor of the rally for BTC being in full swing.
So.. It's great! Hoping for more events like that one to come.
Cool

Botnake

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Bitcoin hasn’t hit $100K yet, and it seems like they got tired of waiting, so they decided to make a move by buying 55,000 Bitcoins... With that kind of effort, I wouldn’t be surprised if we wake up tomorrow and Bitcoin is trading above $100K. For now, I’ll sleep early and let the market work its magic overnight. Cheesy

Quote from: heslo on November 25, 2024, 08:10:40 AM

He's done it again!

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Quote from: Cryptmuster on November 25, 2024, 04:24:01 AM

Quote from: Marvell1 on November 25, 2024, 02:40:40 AM

He is not a god nor is he the sole factor driving bitcoin's growth but it is clear that bitcoin's recent growth has something to do with him. It is simply because the market has placed its faith in him that it reacts positively to his victory. Before the election, there were also many predictions that Bitcoin would hit $90k if Trump won and would drop to $30k if Harris won, which clearly showed that the market was placing a lot of faith in Trump. So there is no coincidence here.

You can hate Trump for whatever reason, but you shouldn't deny the real impact this election has had on the markets.

Bitcoin likes to grow on news, it so happened that Trump began to be associated with positive news for Bitcoin, because Trump talked a lot about how loyal he is to Bitcoin and will not interfere with its development. After his victory, this was perceived as a big positive for Bitcoin and there were purchases and price growth, and even those who bought after the elections have already received a good profit, so everything worked out.

What should move Bitcoin further, I don’t know, perhaps its adoption by the strategic reserve, maybe something else, but I don’t expect Bitcoin to grow very significantly, I was even surprised that the price came so close to 100k in November, I didn’t expect that.

Garry moving out would too help things a bit, albeit, we don't know yet who would change him.
Don't expect the rally to stop at 100k, even if there would be a drop off a bit afterward, the ride would still continue, in my opinion.

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Quote from: Marvell1 on November 25, 2024, 02:40:40 AM

Quote from: fruktik on November 23, 2024, 03:06:18 AM

Quote from: michellee on November 22, 2024, 05:57:16 AM

It is a surprise to us to see that Bitcoin can almost hit hit almost $100k. Although the price now down, that will not stops Bitcoin to increase but we must be patient waiting for that. We still have more time to buy Bitcoin and hold especially if our target selling price is far away. And when the price can hit $100,000, that will be monumental moment for us because finally, we can see that price which we never imagine before. Many people will celebrate this and maybe they will sell at that price but for other people who still waiting for more than $100,000 will wait until that price comes. We can say that what happen to Bitcoin can be related to Trump but we don't know for sure and it is better we enjoy this moment.

For what reason is the rise in Bitcoin price associated with Trump? He is not God. It is possible that this is just a coincidence and we will all see a period of recession for a long period of time. You do not think that some large investors will not sell coins? Yes, they will do it and in the near future, then we will see a huge drop in price and the trend will be remembered as inter-seasonal. I have been trading on the speculative market for a long time and can observe the trends.

He is not a god nor is he the sole factor driving bitcoin's growth but it is clear that bitcoin's recent growth has something to do with him. It is simply because the market has placed its faith in him that it reacts positively to his victory. Before the election, there were also many predictions that Bitcoin would hit $90k if Trump won and would drop to $30k if Harris won, which clearly showed that the market was placing a lot of faith in Trump. So there is no coincidence here.

You can hate Trump for whatever reason, but you shouldn't deny the real impact this election has had on the markets.

Either way, the rally would start - albeit at a different time, probably.
Trump was just that lever that pushed the market forward.
Nothing bad or good here, we need just to accept it.

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by the end of the year the bitcoin graphic should look like this https://support-system.nivor.free.hr/uploads/Capture_12112024.png
i hope this guy is right

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Quote from: Marvell1 on November 25, 2024, 02:40:40 AM

He is not a god nor is he the sole factor driving bitcoin's growth but it is clear that bitcoin's recent growth has something to do with him. It is simply because the market has placed its faith in him that it reacts positively to his victory. Before the election, there were also many predictions that Bitcoin would hit $90k if Trump won and would drop to $30k if Harris won, which clearly showed that the market was placing a lot of faith in Trump. So there is no coincidence here.

You can hate Trump for whatever reason, but you shouldn't deny the real impact this election has had on the markets.

Bitcoin likes to grow on news, it so happened that Trump began to be associated with positive news for Bitcoin, because Trump talked a lot about how loyal he is to Bitcoin and will not interfere with its development. After his victory, this was perceived as a big positive for Bitcoin and there were purchases and price growth, and even those who bought after the elections have already received a good profit, so everything worked out.

What should move Bitcoin further, I don’t know, perhaps its adoption by the strategic reserve, maybe something else, but I don’t expect Bitcoin to grow very significantly, I was even surprised that the price came so close to 100k in November, I didn’t expect that.

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Quote from: fruktik on November 23, 2024, 03:06:18 AM

Quote from: michellee on November 22, 2024, 05:57:16 AM

It is a surprise to us to see that Bitcoin can almost hit hit almost $100k. Although the price now down, that will not stops Bitcoin to increase but we must be patient waiting for that. We still have more time to buy Bitcoin and hold especially if our target selling price is far away. And when the price can hit $100,000, that will be monumental moment for us because finally, we can see that price which we never imagine before. Many people will celebrate this and maybe they will sell at that price but for other people who still waiting for more than $100,000 will wait until that price comes. We can say that what happen to Bitcoin can be related to Trump but we don't know for sure and it is better we enjoy this moment.

For what reason is the rise in Bitcoin price associated with Trump? He is not God. It is possible that this is just a coincidence and we will all see a period of recession for a long period of time. You do not think that some large investors will not sell coins? Yes, they will do it and in the near future, then we will see a huge drop in price and the trend will be remembered as inter-seasonal. I have been trading on the speculative market for a long time and can observe the trends.

He is not a god nor is he the sole factor driving bitcoin's growth but it is clear that bitcoin's recent growth has something to do with him. It is simply because the market has placed its faith in him that it reacts positively to his victory. Before the election, there were also many predictions that Bitcoin would hit $90k if Trump won and would drop to $30k if Harris won, which clearly showed that the market was placing a lot of faith in Trump. So there is no coincidence here.

You can hate Trump for whatever reason, but you shouldn't deny the real impact this election has had on the markets.

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Quote from: Finestream on November 25, 2024, 02:00:03 AM

Quote from: aoluain on November 24, 2024, 06:20:58 PM

cant be calling for $1,000,000 after reaching $100k?

Honestly, I like the optimism, but I think that target is a bit too far ahead for now. Let’s take it slow. As long as the market stays bullish and adoption keeps growing, we’ll eventually get there. Right now, Bitcoin hasn’t even hit $100K yet, but the good news is MicroStrategy is planning to scoop up billions worth of Bitcoin again. They’re still accumulating, and that’s a solid boost for confidence in the market.

We can say about $150k or so, but as the correction comes into play, people will start thinking that the rally is over.
I do think that afterward if the whole mood and news will stay intact flowing into the space, we will see one more jump to a new ATH.
With BTC, it's never too late to consider coming in and seeing it grow.

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Quote from: aoluain on November 24, 2024, 06:20:58 PM

cant be calling for $1,000,000 after reaching $100k?

Honestly, I like the optimism, but I think that target is a bit too far ahead for now. Let’s take it slow. As long as the market stays bullish and adoption keeps growing, we’ll eventually get there. Right now, Bitcoin hasn’t even hit $100K yet, but the good news is MicroStrategy is planning to scoop up billions worth of Bitcoin again. They’re still accumulating, and that’s a solid boost for confidence in the market.

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Quote from: nelson4lov on November 24, 2024, 05:47:30 PM

Are $100K predictions still a thing anymore? I expected price targets to be a lot higher now that Bitcoin already came close to the 6 digits mark. It was just $500 away from hitting it and I have a feeling we'll see $100K before the new years because right now, all markets are parabolic not just crypto and will continue to do so till the end of the year and probably in 2025 as well. $1M target are now looking very realistic and no longer a meme.

Yes the market went over $99k so it looks like an easy prediction by Saylor TBH.
There is every chance we will see $100k before the end of the year.

I think because the market just fell short there is still a calling for $100k, its such a
milestone but after we reach that whats the new target $150k, $250k? surely we
cant be calling for $1,000,000 after reaching $100k?

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That's such a clichè prediction but really BTC is not that far this time.

I think the whales are high on liquidating positions these days and surely there's big money to be made keeping prices where they are.
Will it come crashing down? Who knows. But surely 100k is a bit psychological limit. It will be supper funny if it's NOT reached while we're just inches away. Surely though if many people bet against it on futures probably it IS going to be resched just so whales can get a bit more.of our coin in their purse. Cheesy

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Are $100K predictions still a thing anymore? I expected price targets to be a lot higher now that Bitcoin already came close to the 6 digits mark. It was just $500 away from hitting it and I have a feeling we'll see $100K before the new years because right now, all markets are parabolic not just crypto and will continue to do so till the end of the year and probably in 2025 as well. $1M target are now looking very realistic and no longer a meme.

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In 2017, the Bitcoin price easily broke through the $10,000 level (but it took a long time to break through the $5,000 level).

In November 2024, we still haven't broken through the $100,000 level (although the price was above $99,000). Now the price of the first cryptocurrency is falling rapidly. However, if the Bitcoin price fails to break through the $95,000 level, then growth may resume.

I believe that in 2024 we will still see the price - 1 Bitcoin equals $100,000.

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Quote from: Darker45 on November 24, 2024, 12:08:50 AM

That should be a prediction for November alone. That's despite the sell wall at $100,000.

Another interesting thing is the pattern that if the months of October and November are in green, December is also in green. If that pattern will continue, the year ends with Bitcoin hitting more than $100,000.

Not to mention that the Trump effect is still very much alive and probably remains so in the next month or so. The inauguration is happening on January 20, 2025. There might be a stronger hype around that time because of actual appointments of pro-Bitcoin personalities.

On the contrary, I believe that Bitcoin will continue to rise until Trump officially takes office and there will be a pullback after that before the market enters the strongest bullish wave that we have been waiting for the past 4 years. I mean, I predict there will be "sell the news" instead of the market getting more excited about this news.

With the current growth momentum, almost anyone can predict that bitcoin will reach over $100k before the end of this year, we don't need to be experts to guess so. What people care about is whether there will be dumps when bitcoin hits $100k, most people will sell because that is their target.

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Quote from: ?? on ??

With the current growth momentum, almost anyone can predict that bitcoin will reach over $100k before the end of this year, we don't need to be experts to guess so. What people care about is whether there will be dumps when bitcoin hits $100k, most people will sell because that is their target.

I think it’s time to start guessing ( what’s next for Bitcoin? ) because $100k seems like it’s just around the corner. You’re right, the bullish trend might stick around for a while, especially since Trump hasn’t taken office yet. Any good news between now and then could just fuel the bullish momentum even more.

Honestly, this story has lost some of its excitement because of its timing. If it had been posted when Bitcoin was still at $70k, we’d probably see a lot more mixed reactions, some aggressive, some conservative predictions. But now, with the $100k mark so close, it feels like the outcome is almost a given.

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That should be a prediction for November alone. That's despite the sell wall at $100,000.

Another interesting thing is the pattern that if the months of October and November are in green, December is also in green. If that pattern will continue, the year ends with Bitcoin hitting more than $100,000.

Not to mention that the Trump effect is still very much alive and probably remains so in the next month or so. The inauguration is happening on January 20, 2025. There might be a stronger hype around that time because of actual appointments of pro-Bitcoin personalities.

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Quote from: fruktik on November 23, 2024, 03:06:18 AM

For what reason is the rise in Bitcoin price associated with Trump? He is not God. It is possible that this is just a coincidence and we will all see a period of recession for a long period of time. You do not think that some large investors will not sell coins? Yes, they will do it and in the near future, then we will see a huge drop in price and the trend will be remembered as inter-seasonal. I have been trading on the speculative market for a long time and can observe the trends.

We don't know but many people related to that the winning on Trump. Maybe that is right but that could be wrong because if we see Bitcoin now can get the affect from many things in globally. Maybe that is just a coincidence as you say because we don't have a clue for sure about that and only guess because that Presidential election is closest to the rising of Bitcoin price. The big investor may sell their coins but I am not sure if they will sell in a large amount of Bitcoin. If the market will have a huge drop after this rising as you say, that will be a good time to accumulate more Bitcoin because the price will go down for deep.

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Quote from: michellee on November 22, 2024, 05:57:16 AM

It is a surprise to us to see that Bitcoin can almost hit hit almost $100k. Although the price now down, that will not stops Bitcoin to increase but we must be patient waiting for that. We still have more time to buy Bitcoin and hold especially if our target selling price is far away. And when the price can hit $100,000, that will be monumental moment for us because finally, we can see that price which we never imagine before. Many people will celebrate this and maybe they will sell at that price but for other people who still waiting for more than $100,000 will wait until that price comes. We can say that what happen to Bitcoin can be related to Trump but we don't know for sure and it is better we enjoy this moment.

For what reason is the rise in Bitcoin price associated with Trump? He is not God. It is possible that this is just a coincidence and we will all see a period of recession for a long period of time. You do not think that some large investors will not sell coins? Yes, they will do it and in the near future, then we will see a huge drop in price and the trend will be remembered as inter-seasonal. I have been trading on the speculative market for a long time and can observe the trends.

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Quote from: fruktik on November 21, 2024, 05:11:31 AM

There is an assumption that the $100k level will be reached this month. The price is already approaching this mark. There is very little time left and we will all fix the historical date and price. Of course, I did not expect that this would happen this year, but the circumstances speak for themselves. Yes, most likely, this is all connected with Trump. I do not see any other options.

It is a surprise to us to see that Bitcoin can almost hit hit almost $100k. Although the price now down, that will not stops Bitcoin to increase but we must be patient waiting for that. We still have more time to buy Bitcoin and hold especially if our target selling price is far away. And when the price can hit $100,000, that will be monumental moment for us because finally, we can see that price which we never imagine before. Many people will celebrate this and maybe they will sell at that price but for other people who still waiting for more than $100,000 will wait until that price comes. We can say that what happen to Bitcoin can be related to Trump but we don't know for sure and it is better we enjoy this moment.

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Quote from: Finestream on November 22, 2024, 12:29:36 AM

Quote from: goldkingcoiner on November 21, 2024, 07:36:16 AM

I predicted 105K

Make it higher, dude.... Once Bitcoin smashes through $100k, hitting even higher targets could come faster than we think. But, the real grind might start at $150k, that’s where things get interesting. Let’s see how the market reacts after breaking $100k, though, because history shows that hype and bullish energy tend to skyrocket after a milestone like that. Also, maybe let's send a little thank-you note to Grandpa Trump.

Of course, Trump is bullish and I am happy that he won the election which has made us see $99k so fast from $73k. I am no longer waiting to see 100k at the end of this month but I hope to see it within 48 hours with the way bitcoin price is pumping, nothing is impossible. This is a super cycle and expect good surprise from bitcoin, because I expect the peak price to reach $150k and above. This is just the beginning. Go bitcoin...Go to the moon.

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Quote from: goldkingcoiner on November 21, 2024, 07:36:16 AM

I predicted 105K

Make it higher, dude.... Once Bitcoin smashes through $100k, hitting even higher targets could come faster than we think. But, the real grind might start at $150k, that’s where things get interesting. Let’s see how the market reacts after breaking $100k, though, because history shows that hype and bullish energy tend to skyrocket after a milestone like that. Also, maybe let's send a little thank-you note to Grandpa Trump.

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Quote from: coolcoinz on November 21, 2024, 03:53:09 PM

I like how bullish Saylor is. People were laughing at him, calling him a perma bull during the bear market and now they're starting to shut up and FOMO in.
The more I watch the market the more I come to conclusion that people are so predictable. You can tell them something is a good investment and they will deny it, until it's too late.

Quote from: Finestream on November 21, 2024, 02:50:33 AM

Let me check, wait.... ohmm its still $97k

Check again Wink

We don't need to wait up until the end of this year to see the legendary $100k level. For sure, some exchanges are already hitting this mark especially the local ones. We can't really tell this market's potential. Though there were so many speculations about this price level, still we are surprised that we reached this price this early.

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I like how bullish Saylor is. People were laughing at him, calling him a perma bull during the bear market and now they're starting to shut up and FOMO in.
The more I watch the market the more I come to conclusion that people are so predictable. You can tell them something is a good investment and they will deny it, until it's too late.

Quote from: Finestream on November 21, 2024, 02:50:33 AM

Let me check, wait.... ohmm its still $97k

Check again Wink

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Quote from: Iranus on November 21, 2024, 09:23:40 AM

Honestly, I'm starting to think about this scenario too. Bitcoin has been steadily rising from $70,000 to $98,000 without any correction and people are excited and dreaming of even higher records this year.

I remember a few months ago, many people's goal was just that bitcoin would hit $100k by the end of the year or many people didn't even think it was possible. But now, most people believe that bitcoin will be able to surpass $100k and reach $110k - $120k before the end of the year. But with the crowd so excited, the greed index at an all-time high, should we consider a surprise scenario? Because it has happened many times in the past, this is not new.

This has actually been the case since the turn of the year after the ETF hype actually made the bitcoin price to break the then ATH which was actually an historical movement because it doesn’t happens before halving to have a new ATH, so many people became bullish then and were with the believe that this year we would be getting at least $100k as the price.

I think the narrative of bitcoin not going to touch the $100k shifted immediately when the market had its corrected which is an historical trend that usually happens in the third quarter of the year. Many thought the ranging movement between the $75k to $50k will be the range of the price for the year. But as usual bitcoin follows its history and is now ready to reach an historical high of six figures which we are just a $1k away from. So yeah it is happening this month

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Quote from: Cryptmuster on November 21, 2024, 03:36:07 AM

Quote from: Finestream on November 21, 2024, 02:19:20 AM

Quote from: https://www.fxstreet.com/cryptocurrencies/news/michael-saylor-predicts-bitcoin-to-surge-to-100k-by-year-end-202411151419

---MicroStrategy Executive Chairman Michael Saylor expects Bitcoin to hit $100,000 by year-end, citing the US election outcome as a major catalyst.
---Bitcoin reached an all-time high above $93,200 on Wednesday, shortly after the US CPI report.
---MicroStrategy said on Monday that it bought an additional $2.03 billion in Bitcoin, increasing its total holdings to 279,420 BTC.

Well, it looks like they’re onto something because Bitcoin has already surged to $97k! That’s just $3k shy of their prediction, and guess what, it’s not even the end of the year yet. Heck, it’s not even the end of the month, with 9 days left before flipping the calendar. After that, we’ve got a whole 31 days to hit or surpass that target.

Honestly, their prediction seems conservative at this point. With the momentum we’re seeing, December could be even more bullish. Let’s enjoy the ride and see what’s ahead!

MicroStrategy also bought bitcoin and now they have more than 300k BTC, and if we consider that the price of bitcoin has almost reached 98k, then we can reach 100k even before the end of the month. But given how boldly Sailor buys bitcoin (their last purchase was at 88k), I can assume that 100k is not the price they are expecting. Perhaps due to growing inflation, the values that bitcoin will be able to grow to will be quite high, maybe 150k+, but I do not believe in what Sailor is saying when he talks about prices in the hundreds of thousands.

The current price right now as I make this post is 98k and looking at the potential predictions that I saw today we may get to see it surpassing 100k before the end of the month but another useful thing for all bitcoiners is the fact that people are beginning to understand the potentials of having more holding and not considering to sell this is the best strategy and the fact that Sailor is able to take advantage to buy at 88k shows how well he understands the price is going to rise more before the end of the year. Sailor may not totally be right with his predictions but his expectations is liking to what he desires and I think it will be beneficial to all bitcoiners if the price exceed 100k or 150k as the case may be.

CryptoHeadlineNews

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Quote from: Finestream on November 21, 2024, 02:19:20 AM

Honestly, their prediction seems conservative at this point. With the momentum we’re seeing, December could be even more bullish. Let’s enjoy the ride and see what’s ahead!

Judging from the current price momentum that Bitcoin is skyrocketing right now, don't be surprised to wake up tomorrow morning and see that Bitcoin have already crossed the $100,000 benchmark, because it's practically very possible, and I have no doubt about it, most especially before the next 48 hours, which is not a prediction, but a clear fact that I see happening soon. Because just as we saw Bitcoin crossed the 97k benchmark in the morning, I just checked it's price now and noticed it just crossed a new All Time High, crossing $98,800, which simply means just $1200 left for Bitcoin to finally hit $100,000

Quote from: OgNasty on November 21, 2024, 02:40:32 PM

I’ll admit I didn’t think Bitcoin would hit $100,000 until next Spring. Now I think it will hit it by sundown.

I see that coming too. Bitcoin is definitely hitting $100,000 in the next 48hrs.

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I’ll admit I didn’t think Bitcoin would hit $100,000 until next Spring. Now I think it will hit it by sundown. This rally has been absolutely insane. It worries me a little bit that it is too early and will have a big correction as a result, but I would welcome it because I’ve seen so many good trading strategies appear now that there are ETFs and options accessible to everyone…

Zwei

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Quote from: apogio on November 21, 2024, 03:39:44 AM

I don't know about MSTR but personally, I view Bitcoin as a currency.
I use it as much as I can to buy regular stuff and I don't plan to cash out.
In life, there is no "never", but my goal is to live using Bitcoin instead of FIAT.
So far, it's not possible, but it kind of works for a very small percentage of my financial transactions.

i think what stopping bitcoin adoption as a currency for everyday use is its volatility. today you have $150, tomorrow $130, the day after $160. most people, including me, find that inconvenient.
personally, i only use crypto when fiat isn't an option, mostly for international transactions since it's easier than dealing with banks and to also bypassing foreign currency limits.

Quote from: retreat on November 21, 2024, 07:56:13 AM

But we also need to consider the possibility that there will be negative news that might break that, because we don't know how the market will be in the future.

i see a market crash in the future once the hype dies down and people start cashing out thier profits, and its not a question of if it will happen? but wen?

Faisal2202

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Quote from: Finestream on November 21, 2024, 02:19:20 AM

Well, it looks like they’re onto something because Bitcoin has already surged to $97k! That’s just $3k shy of their prediction, and guess what, it’s not even the end of the year yet. Heck, it’s not even the end of the month, with 9 days left before flipping the calendar. After that, we’ve got a whole 31 days to hit or surpass that target.

Honestly, their prediction seems conservative at this point. With the momentum we’re seeing, December could be even more bullish. Let’s enjoy the ride and see what’s ahead!

The month was really so bullish and it outperformed my expectations already and don't think it is wrong to say December will also be bullish while in my mind I think December can't be that bullish as November was because the war is getting more serious between Ukraine and Russia and still Trump did not got full power yet and till 20th Jan any bad news can dump the market badly, but that is what I am waiting for TBH because dump will give us more opportunity to buy more alts.

MSTR are doing a great job their buying of 2 billion really pumped the market, and the prediction is efficient because BTC has already touched $98k, and now it's only a difference of $2k. The prediction was right and logical too don't know what are thier future plans but whatever they are it seems like December will definitely be bullish for all of us too.

Dr.Bitcoin_Strange

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Since last on November 18th 2024, Bitcoin has not break below the $89k support, all movement is in the up trend, with consolidation in some place and new break of structure to more higher highs. With all that, I don't think anyone would not think that Bitcoin is heading to $100k even before this month comes to an end.

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Quote from: retreat on November 21, 2024, 07:56:13 AM

But we also need to consider the possibility that there will be negative news that might break that, because we don't know how the market will be in the future.

Honestly, I'm starting to think about this scenario too. Bitcoin has been steadily rising from $70,000 to $98,000 without any correction and people are excited and dreaming of even higher records this year.

I remember a few months ago, many people's goal was just that bitcoin would hit $100k by the end of the year or many people didn't even think it was possible. But now, most people believe that bitcoin will be able to surpass $100k and reach $110k - $120k before the end of the year. But with the crowd so excited, the greed index at an all-time high, should we consider a surprise scenario? Because it has happened many times in the past, this is not new.

Popkon6

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Quote from: Finestream on November 21, 2024, 02:19:20 AM

Quote from: https://www.fxstreet.com/cryptocurrencies/news/michael-saylor-predicts-bitcoin-to-surge-to-100k-by-year-end-202411151419

---MicroStrategy Executive Chairman Michael Saylor expects Bitcoin to hit $100,000 by year-end, citing the US election outcome as a major catalyst.
---Bitcoin reached an all-time high above $93,200 on Wednesday, shortly after the US CPI report.
---MicroStrategy said on Monday that it bought an additional $2.03 billion in Bitcoin, increasing its total holdings to 279,420 BTC.

Well, it looks like they’re onto something because Bitcoin has already surged to $97k! That’s just $3k shy of their prediction, and guess what, it’s not even the end of the year yet. Heck, it’s not even the end of the month, with 9 days left before flipping the calendar. After that, we’ve got a whole 31 days to hit or surpass that target.

Honestly, their prediction seems conservative at this point. With the momentum we’re seeing, December could be even more bullish. Let’s enjoy the ride and see what’s ahead!

Not only is the microstrategy company predicting the price of Bitcoin at 100k, but many people believe that the price of Bitcoin will touch 100k during this bull run season. But this November 2024 Bitcoin price will touch 100k, because already Bitcoin price has touched 98.3k dollar.
We will see 6 digit prices very soon as the bull market will continue until 2025 and finally in 2025 we will hit new bitcoin prices in the new year. I think Bitcoin price can hit $150K to $170K during this bull run season.

BABY SHOES

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Quote from: Apocollapse on November 21, 2024, 04:44:10 AM

I agree with above users, even though Bitcoin haven't reach $100K, but we already reach $97K which is not much from $100K and we've the feeling of Bitcoin price hit $100K.

Yeah I guess less than $3000 makes it like $100K already... But $100K should be noted and it's a new milestone... I'm sure if bitcoin goes to $100K the media will hype the bitcoin price with round numbers.

Quote from: Apocollapse on November 21, 2024, 04:44:10 AM

I didn't expect Bitcoin will reach $100K in this month, however this is a good thing, it means we will see higher price than $100K in the end of the year and Q4 in 2025. Q4 2025 will be the peak of Bitcoin price.

Likewise with me ... before never thought at the end of the year bitcoin would go to $100K this is really too fast... but that's how fast bitcoin is performing now after the impact of the US election.

Quote from: Apocollapse on November 21, 2024, 04:44:10 AM

Anyway are retailers still sleeping? Bitcoin fees is still cheap enough, only 6sat/vybte.

Ordinal dust doesn't invade anymore does it? Hahaha
Now it's dead, retailers are probably preparing sell orders at $100K.

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Quote from: Finestream on November 21, 2024, 02:19:20 AM

Well, it looks like they’re onto something because Bitcoin has already surged to $97k!

I thought we all expected this?

$100k was almost the ‘goal’ of a lot of investors for this year. We were all expecting that this would be the ultimate ATH set for this year and if not, then maybe early 2025 but as we can see it seems like we might not have to wait for that long to see our manifestations come true. By the end of November, we might see bitcoin reach $100k for sure.

Quote

Honestly, their prediction seems conservative at this point. With the momentum we’re seeing, December could be even more bullish. Let’s enjoy the ride and see what’s ahead!

Back then when bitcoin was having a difficult time in surpassing $70k, everyone was suspicious if it still could reach $100k but look at it now! I could even bet for $120k or $150k for December up to the early months of 2025.

Z-tight

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So many people made similar predictions, especially since BTC has been rising fast in the last couple of weeks. The price is already very close to $100k, and if it manages to break that before the end of this month, we may need a higher prediction for the end of the year. I recognize BTC as money, a currency that we can spend, but there is no gainsaying the fact that every bitcoiner should be happy with what is happening in this bull run, it is an exciting time to be a bitcoiner and adoption continues to grow.

retreat

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I also think Bitcoin is heading there - investor optimism and the momentum after the US election are important factors that are pushing the price of Bitcoin further. If this continues, it is very possible for Bitcoin to hit $100k USD or even beyond it by the end of the year. But we also need to consider the possibility that there will be negative news that might break that, because we don't know how the market will be in the future.

palle11

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Yesterday, bitcoin closed around $93k and this morning it jumped to $97k. At the time of writing this, price hit $97,800 from CMC. So giving the rate of volatility lately, 3k to make up to 100k is just about 3.% of 97k. So it is still a minor movement to cover. Therefore, I see the price movement rapid enough to reach such price. Maybe we could see a bounce back from the resistance around the spot.

Quote

---MicroStrategy said on Monday that it bought an additional $2.03 billion in Bitcoin, increasing its total holdings to 279,420 BTC.

This is most likely to form another strong move because of the position of MicroStrategy hodling more btc.

goldkingcoiner

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I predicted 105K

ultrloa

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Quote from: Finestream on November 21, 2024, 02:19:20 AM

Quote from: https://www.fxstreet.com/cryptocurrencies/news/michael-saylor-predicts-bitcoin-to-surge-to-100k-by-year-end-202411151419

---MicroStrategy Executive Chairman Michael Saylor expects Bitcoin to hit $100,000 by year-end, citing the US election outcome as a major catalyst.
---Bitcoin reached an all-time high above $93,200 on Wednesday, shortly after the US CPI report.
---MicroStrategy said on Monday that it bought an additional $2.03 billion in Bitcoin, increasing its total holdings to 279,420 BTC.

Well, it looks like they’re onto something because Bitcoin has already surged to $97k! That’s just $3k shy of their prediction, and guess what, it’s not even the end of the year yet. Heck, it’s not even the end of the month, with 9 days left before flipping the calendar. After that, we’ve got a whole 31 days to hit or surpass that target.

Honestly, their prediction seems conservative at this point. With the momentum we’re seeing, December could be even more bullish. Let’s enjoy the ride and see what’s ahead!

I guess we don't need to wait at nearly end of this year since there's huge possibilities that anytime to day or in next following days this 6 digit figure($100k) will be reached by bitcoin. These will be a great milestone and it will leave a mark since this is the first time in history that bitcoin would hit this figures.

December month would be more exciting since everyone would provably get hype more on these date knowing that many people speculate that there are more factors that could drive the demand. So there's huge chance for bitcoin to achieve more great figure even for next year. So everything in the market right now becoming more interesting and for sure there would be more from bitcoin since bullish season seems going to continue until next year.

Die_empty

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Quote from: Finestream on November 21, 2024, 02:19:20 AM

Honestly, their prediction seems conservative at this point. With the momentum we’re seeing, December could be even more bullish. Let’s enjoy the ride and see what’s ahead!

From what we are experiencing now, it is likely that Bitcoin might get to $100k before the end of the month. But we should also remind ourselves that nothing is certain. We might also experience a pullback that could bring the price to less than $90k. The reduction of interest rates and favorable political sentiment are contributing to this rise. But with the conflict in the Middle East and Russia/Ukraine, we should be prepared for anything.

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Quote from: Finestream on November 21, 2024, 02:19:20 AM

Quote from: https://www.fxstreet.com/cryptocurrencies/news/michael-saylor-predicts-bitcoin-to-surge-to-100k-by-year-end-202411151419

---MicroStrategy Executive Chairman Michael Saylor expects Bitcoin to hit $100,000 by year-end, citing the US election outcome as a major catalyst.
---Bitcoin reached an all-time high above $93,200 on Wednesday, shortly after the US CPI report.
---MicroStrategy said on Monday that it bought an additional $2.03 billion in Bitcoin, increasing its total holdings to 279,420 BTC.

Well, it looks like they’re onto something because Bitcoin has already surged to $97k! That’s just $3k shy of their prediction, and guess what, it’s not even the end of the year yet. Heck, it’s not even the end of the month, with 9 days left before flipping the calendar. After that, we’ve got a whole 31 days to hit or surpass that target.

Honestly, their prediction seems conservative at this point. With the momentum we’re seeing, December could be even more bullish. Let’s enjoy the ride and see what’s ahead!

Bitcoin has surged past $97k and from the way I'm seeing it, end of this year will be too far before we see the much anticipated $100k price. We're already in the bull run so we're expecting a steady upward trend that will take us up to the peak, and I'm pretty sure that it won't be this year. Perhaps Microstrategy, is up to something as you said, but I won't worry myself about whatever it is, I'm more concerned about history being made to show some haters that I know that Bitcoin has the potentials to reach $100k and far above. I won't be surprised if $100k happens today or latest in a couple of days, I'm eagerly looking forward to it.

Majestic-milf

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Except he means "Bitcoin will hit $100k by the end of the year and remain like that" , if not that time is too far for it's price with what we are seeing now. Maybe when he made this statement, he was banking on volatility to do it's work and bring the price back to around $89-90k so that $100k by the end of the year will look possible. It's either that because from the looks of things his prediction is coming to fruition way too early than he imagined.
Well, that's the thing with predictions and speculations; they may or may not happen by the time we see it but in his own case, that prediction will be realized sooner rather than later.
For me, we could close the year with Bitcoin price at $100-105k.

tbct_mt2

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Quote from: fruktik on November 21, 2024, 05:11:31 AM

There is an assumption that the $100k level will be reached this month. The price is already approaching this mark. There is very little time left and we will all fix the historical date and price. Of course, I did not expect that this would happen this year, but the circumstances speak for themselves. Yes, most likely, this is all connected with Trump. I do not see any other options.

Things change fast and from the end of this year, the end of this month, why don't we change it to the end of today?

It's no joke because Bitcoin passed $98,200 on Binance and with very high price like this, an increase of $1,800 more is very easy. It's only 1,84% increase from $98,200, and it's not big deal with Bitcoin.

It can fail to break $100,000 today or succeed but I don't worry if it fails today, this month or this year, because I know Bitcoin will make $100,000 as its next "Not look back price".
https://charts.bitbo.io/never-look-back-price/

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Quote from: fruktik on November 21, 2024, 05:11:31 AM

Quote from: michellee on November 21, 2024, 04:13:48 AM

I guess we will see $100,000 very soon as the new ATH already passed at $97,837 according to CoinGecko. While we are still at November, we may see $100,000 in end of this month or next month before the end of this year. But, again, everything can happen to Bitcoin as we know that Bitcoin can sustain in this level price for some time before the price start to runs to the next ATH level.

This Bitcoin journey becomes more interesting as many predictions will comes out from different people. It seems we will something from Bitcoin that we never see it before where that can give a chance for the adoption process reach more people. Yep, let's enjoy the ride and see what will happen soon while you can prepare your Bitcoin to sell at the price you want.

There is an assumption that the $100k level will be reached this month. The price is already approaching this mark. There is very little time left and we will all fix the historical date and price. Of course, I did not expect that this would happen this year, but the circumstances speak for themselves. Yes, most likely, this is all connected with Trump. I do not see any other options.

Good, I mean this was our prediction as well, when Trump won the election that we will be in the $92,000 range. And it did hit and so with that, we put our predictions that $100,000 is possible at the end of the month.

And seeing another all time high today, why not? We are just a couple of thousands of dollars and when the US market opens, then there is this big possibility that in the next 24 hours, the price is going to breach that 6 digit for the first time in history.

For others who might be awake that time, it might be a good feeling to wait for that price.

So it doesn't need for us to be rocket scientist, we are seeing what Saylor has been seeing in the last week or so.

fruktik

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Quote from: michellee on November 21, 2024, 04:13:48 AM

I guess we will see $100,000 very soon as the new ATH already passed at $97,837 according to CoinGecko. While we are still at November, we may see $100,000 in end of this month or next month before the end of this year. But, again, everything can happen to Bitcoin as we know that Bitcoin can sustain in this level price for some time before the price start to runs to the next ATH level.

This Bitcoin journey becomes more interesting as many predictions will comes out from different people. It seems we will something from Bitcoin that we never see it before where that can give a chance for the adoption process reach more people. Yep, let's enjoy the ride and see what will happen soon while you can prepare your Bitcoin to sell at the price you want.

There is an assumption that the $100k level will be reached this month. The price is already approaching this mark. There is very little time left and we will all fix the historical date and price. Of course, I did not expect that this would happen this year, but the circumstances speak for themselves. Yes, most likely, this is all connected with Trump. I do not see any other options.

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Quote from: OcTradism on November 21, 2024, 02:36:57 AM

$100,000 is a round number and it is like $10,000 in the past, it will be very strong resistance and barrier for Bitcoin to break. There are many possibilities for Bitcoin to break it.

Yes, it's a round number but Bitcoin is so bullish that I think we won't even feel the resistance at $100,000. I believe we will surpass $100,000 today.

Quote from: apogio on November 21, 2024, 02:42:48 AM

The price does matter only if you plan to exchange the BTC back to FIAT.
If not, then Bitcoin has the exact same value that it used to have at $15k.

It's nice to see someone who thinks like me about the price of Bitcoin. For me, it doesn't matter much because I mostly use Bitcoin as a form of payment. I also invest in Bitcoin but for me, the price isn't as important as the ability to use Bitcoin for making transactions.

Quote from: mindrust on November 21, 2024, 02:47:58 AM

Isn’t it already at $100k at the moment? To me, it is. I am pretty sure btc sells for more than $100k in some parts of the world or on some exchanges.

Maybe in Korea? I remember that their prices were something significantly different from the rest of the world. Btw I think that Bitcoin will be sold for $100k on some instant exchanges and casinos that use 3rd party APIs.

Quote from: mindrust on November 21, 2024, 02:47:58 AM

He is borrowing money and selling microstrategy stocks to buy more bitcoin and when bitcoin goes up, it enables them to borrow more and buy even more btc. If this brilliant strategy works for another year, bitcoin will even hit a million dollar price tag.

Buckle up.

Captain Saylor is taking us to the Mars before Elon.

That's what he does. He bought Bitcoins recently and for me, this is an indicator that MicroStrategy thinks that Bitcoin's price is going way higher than $100,000. For me and for many people, MicroStrategy's trading habit is a very good indicator of the future price of Bitcoin.

Apocollapse

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I agree with above users, even though Bitcoin haven't reach $100K, but we already reach $97K which is not much from $100K and we've the feeling of Bitcoin price hit $100K.

I didn't expect Bitcoin will reach $100K in this month, however this is a good thing, it means we will see higher price than $100K in the end of the year and Q4 in 2025. Q4 2025 will be the peak of Bitcoin price.

Anyway are retailers still sleeping? Bitcoin fees is still cheap enough, only 6sat/vybte.

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I guess we will see $100,000 very soon as the new ATH already passed at $97,837 according to CoinGecko. While we are still at November, we may see $100,000 in end of this month or next month before the end of this year. But, again, everything can happen to Bitcoin as we know that Bitcoin can sustain in this level price for some time before the price start to runs to the next ATH level.

This Bitcoin journey becomes more interesting as many predictions will comes out from different people. It seems we will something from Bitcoin that we never see it before where that can give a chance for the adoption process reach more people. Yep, let's enjoy the ride and see what will happen soon while you can prepare your Bitcoin to sell at the price you want.

ChiBitCTy

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Quote from: mindrust on November 21, 2024, 02:47:58 AM

Isn’t it already at $100k at the moment? To me, it is. I am pretty sure btc sells for more than $100k in some parts of the world or on some exchanges. Michael didn’t have to make this prediction anyway. We all know he is the one who drives the prices up. He is borrowing money and selling microstrategy stocks to buy more bitcoin and when bitcoin goes up, it enables them to borrow more and buy even more btc. If this brilliant strategy works for another year, bitcoin will even hit a million dollar price tag.

Buckle up.

Captain Saylor is taking us to the Mars before Elon.

I highly doubt any parts of the world anyone is paying 100k for btc right now. If they have the means to purchase 1 btc for 97k, they have the means to purchase it at "spot" price.

Michael drives bitcoin to come extent but he's is not the one driving prices up..there are many others helping. Blackrock, for example, the worlds number 1 fund company in terms of assets is a major driving force. Lots of other billionaires having been joining in, both openly and privately. But sure Michael is a leading driving catalyst.

Dave1

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Quote from: Finestream on November 21, 2024, 02:19:20 AM

Quote from: https://www.fxstreet.com/cryptocurrencies/news/michael-saylor-predicts-bitcoin-to-surge-to-100k-by-year-end-202411151419

---MicroStrategy Executive Chairman Michael Saylor expects Bitcoin to hit $100,000 by year-end, citing the US election outcome as a major catalyst.
---Bitcoin reached an all-time high above $93,200 on Wednesday, shortly after the US CPI report.
---MicroStrategy said on Monday that it bought an additional $2.03 billion in Bitcoin, increasing its total holdings to 279,420 BTC.

Well, it looks like they’re onto something because Bitcoin has already surged to $97k! That’s just $3k shy of their prediction, and guess what, it’s not even the end of the year yet. Heck, it’s not even the end of the month, with 9 days left before flipping the calendar. After that, we’ve got a whole 31 days to hit or surpass that target.

Honestly, their prediction seems conservative at this point. With the momentum we’re seeing, December could be even more bullish. Let’s enjoy the ride and see what’s ahead!

Yes, we already know that the Trump winning the election is already the catalyst so that's something we are sure of. As for their holdings, if we compare to us, average joe investors, we still think that we can make profits at this market, despite the price is still very high.

Predictions like $150k-$180k is still up there, meaning, the biggest we invest the bigger profits we have to make. So again, there is not like something that we are not expecting, we are looking for this price point along and we have been predicting this ever since this phase started from 2021-2025 run, the four year cycle.

apogio

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Quote from: Finestream on November 21, 2024, 02:50:33 AM

Exactly (that's the reason)! That’s why we’re all smiles when the price shoots up like this. We’re not just holding Bitcoin for the sake of it, everyone, even MicroStrategy, holds it with the goal of selling at some point in the future. Seeing the price pump beyond our target is already a win, no matter when we decide to cash out for fiat. Success feels pretty good, doesn’t it?

Just imagine the following -real- scenario.
You buy $150 worth of Bitcoin in 2020.
You just set it aside and forget it.
In 2024, you want to buy a service subscription.
Let's say the subscription costs $15 per month.
You can either use $150 from you card and buy 10 months of this subscription, or use the BTC you have set aside from 2020 and now with the same initial amount of $150 you can buy approximately 80 months of the subscription.

Now, instead of cashing out the BTC and paying with FIAT, giving premium to banks, credit cards etc, imagine using the Bitcoin immediately without intermediary. I reckon that's a better way of doing things!

I don't know about MSTR but personally, I view Bitcoin as a currency.
I use it as much as I can to buy regular stuff and I don't plan to cash out.
In life, there is no "never", but my goal is to live using Bitcoin instead of FIAT.
So far, it's not possible, but it kind of works for a very small percentage of my financial transactions.
I don't view Bitcoin as an investment... I am among the very few who think Bitcoin will become the global store of value and, why not, the global currency. The latter is very difficult, I know, but the former is very easy!

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Quote from: Finestream on November 21, 2024, 02:19:20 AM

Quote from: https://www.fxstreet.com/cryptocurrencies/news/michael-saylor-predicts-bitcoin-to-surge-to-100k-by-year-end-202411151419

---MicroStrategy Executive Chairman Michael Saylor expects Bitcoin to hit $100,000 by year-end, citing the US election outcome as a major catalyst.
---Bitcoin reached an all-time high above $93,200 on Wednesday, shortly after the US CPI report.
---MicroStrategy said on Monday that it bought an additional $2.03 billion in Bitcoin, increasing its total holdings to 279,420 BTC.

Well, it looks like they’re onto something because Bitcoin has already surged to $97k! That’s just $3k shy of their prediction, and guess what, it’s not even the end of the year yet. Heck, it’s not even the end of the month, with 9 days left before flipping the calendar. After that, we’ve got a whole 31 days to hit or surpass that target.

Honestly, their prediction seems conservative at this point. With the momentum we’re seeing, December could be even more bullish. Let’s enjoy the ride and see what’s ahead!

MicroStrategy also bought bitcoin and now they have more than 300k BTC, and if we consider that the price of bitcoin has almost reached 98k, then we can reach 100k even before the end of the month. But given how boldly Sailor buys bitcoin (their last purchase was at 88k), I can assume that 100k is not the price they are expecting. Perhaps due to growing inflation, the values that bitcoin will be able to grow to will be quite high, maybe 150k+, but I do not believe in what Sailor is saying when he talks about prices in the hundreds of thousands.

Finestream

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Quote from: apogio on November 21, 2024, 02:42:48 AM

The price does matter only if you plan to exchange the BTC back to FIAT.

Exactly (that's the reason)! That’s why we’re all smiles when the price shoots up like this. We’re not just holding Bitcoin for the sake of it, everyone, even MicroStrategy, holds it with the goal of selling at some point in the future. Seeing the price pump beyond our target is already a win, no matter when we decide to cash out for fiat. Success feels pretty good, doesn’t it?

Quote from: mindrust on November 21, 2024, 02:47:58 AM

Isn’t it already at $100k at the moment?

Let me check, wait.... ohmm its still $97k

Quote from: mindrust on November 21, 2024, 02:47:58 AM

Captain Saylor is taking us to the Mars before Elon.

Right, it gets boring hearing "to the moon" all the time. Maybe it’s time for something new...like "to the mars" or even better, "to the bank"... Grin

mindrust

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Isn’t it already at $100k at the moment? To me, it is. I am pretty sure btc sells for more than $100k in some parts of the world or on some exchanges. Michael didn’t have to make this prediction anyway. We all know he is the one who drives the prices up. He is borrowing money and selling microstrategy stocks to buy more bitcoin and when bitcoin goes up, it enables them to borrow more and buy even more btc. If this brilliant strategy works for another year, bitcoin will even hit a million dollar price tag.

Buckle up.

Captain Saylor is taking us to the Mars before Elon.

apogio

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The price does matter only if you plan to exchange the BTC back to FIAT.
If not, then Bitcoin has the exact same value that it used to have at $15k.
If I could make a "prediction", then it would be that long-term Bitcoin can reach a higher market cap than Gold, which means that Bitcoin can be worth approximately $15T.
With this price, then each Bitcoin could be worth approximately $700k.
I am saying this because people -generally, not you- have a terrible idea of what Bitcoin could be worth.
Reaching $1M per Bitcoin is great, but you can see that in order for it to happen, Bitcoin must surpass Gold, which, in my opinion will take a long time to happen.
Our goal should be to achieve global Bitcoin adoption. If we could accomplish that, then Bitcoin would reach $1M before we know it.

OcTradism

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Quote from: Finestream on November 21, 2024, 02:19:20 AM

Well, it looks like they’re onto something because Bitcoin has already surged to $97k! That’s just $3k shy of their prediction, and guess what, it’s not even the end of the year yet. Heck, it’s not even the end of the month, with 9 days left before flipping the calendar. After that, we’ve got a whole 31 days to hit or surpass that target.

Honestly, their prediction seems conservative at this point. With the momentum we’re seeing, December could be even more bullish. Let’s enjoy the ride and see what’s ahead!

$100,000 is a round number and it is like $10,000 in the past, it will be very strong resistance and barrier for Bitcoin to break. There are many possibilities for Bitcoin to break it.

The perfect one is breaking it with a first try. That would be massive but don't feel bad if Bitcoin fails to break it with its first attempt.
The another possibility is Bitcoin will try one, two or three times and eventually will succeed to hit and break $100,000. This scenario is what I believe will happen.

Either what will come true, I believe Bitcoin will break out from $100,000 and make its ATH for this cycle higher than that. We have one more year for bull run, a lot of time for many ATHs in future.

When will $100,000 be broken, honestly I really don't mind it will happen in 2024 or in 2025.

hugeblack

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Other than being a psychological barrier, there is not much difference between $97,000 and $100,000 if we compare it to $15,000 (the bottom of the cycle), $60,000 (the previous peak), or even the levels at the beginning of the year at $70,000. We will hear a lot of predictions but no one can predict the price direction, all that can be said is that we have not yet reached the highest peak where positive news continues for several days without any negative news.

Finestream

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Quote from: https://www.fxstreet.com/cryptocurrencies/news/michael-saylor-predicts-bitcoin-to-surge-to-100k-by-year-end-202411151419

---MicroStrategy Executive Chairman Michael Saylor expects Bitcoin to hit $100,000 by year-end, citing the US election outcome as a major catalyst.
---Bitcoin reached an all-time high above $93,200 on Wednesday, shortly after the US CPI report.
---MicroStrategy said on Monday that it bought an additional $2.03 billion in Bitcoin, increasing its total holdings to 279,420 BTC.

Well, it looks like they’re onto something because Bitcoin has already surged to $97k! That’s just $3k shy of their prediction, and guess what, it’s not even the end of the year yet. Heck, it’s not even the end of the month, with 9 days left before flipping the calendar. After that, we’ve got a whole 31 days to hit or surpass that target.

Honestly, their prediction seems conservative at this point. With the momentum we’re seeing, December could be even more bullish. Let’s enjoy the ride and see what’s ahead!

Topic: MicroStrategy is predicting BTC will hit $100kby the end of the year. (Read 649 times)