To what level will Bitcoin fall after reaching $100K (or higher)?

Asiska02

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Quote from: m2017 on September 08, 2024, 07:08:45 AM

But now I would like to focus on another point. What is the minimum price mark that bitcoin will reach in the current cryptomarket cycle, because the lower the price, the more bitcoin (parts of BTC) can be bought. How low do you think bitcoin will fall in price after reaching $100K (or higher)?

Let me remind you that in 2018, bitcoin reached a price of ~$16.5K and fell to ~$3.5K, in 2022 - ~$67.5K with a minimum level of ~$16K.

Seeing from this post historical data, it is very obvious that if bitcoin gets to $100K this cycle, it’ll definitely fall lower than $50K as the minimum it will reach after attaining the ATH of $100K and above. This is based on historical data though, many may argue that we may see something different this time around in this cycle just like in this cycle, earlier this year, a lot of people never expected a new ATH before the halving which eventually took place. So if it does not even fall below what I assume, it is still okay to accept the price it will be at that time. The bitcoin market is getting more harder to be predicted and with this many trends now, we may not see it fall that much after the all time high has been achieved and a new correction wants to set in place.

Natalim

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Quote from: Moreno233 on Today at 11:38:50 AM

Quote from: m2017 on September 08, 2024, 07:08:45 AM

The forum has repeatedly discussed what maximum mark $100K will reach in this cycle. Many are waiting for the level of $100K, and some, especially enthusiastic BTC-users, are talking about higher cost indicators ($150K and higher).

But now I would like to focus on another point. What is the minimum price mark that bitcoin will reach in the current cryptomarket cycle, because the lower the price, the more bitcoin (parts of BTC) can be bought. How low do you think bitcoin will fall in price after reaching $100K (or higher)?

Let me remind you that in 2018, bitcoin reached a price of ~$16.5K and fell to ~$3.5K, in 2022 - ~$67.5K with a minimum level of ~$16K.

Judging from the past records, one could expect Bitcoin to still fall to as low as $40k after reaching $100k but base on the realities on ground, I strongly doubt we will see something like that. We now have big players involved in Bitcoin and also the ETF which paved the way for institutional investors to comfortably invest in Bitcoin. These will play a huge role in Bitcoin price sustenance at certain levels. So my guess is that by the time Bitcoin finally leave the $60k price level that it has stayed for greater part of this year, that area will then become the support which the price will come back to retest before continuing any upward movement. I believe the era of price falling from $69k to below $18k before recovering, is gone.

Yes, bitcoin has been gaining a lot of progress now, seeing more developed countries and big institutional investors are now backing up bitcoin, thus leaving its price more stable than it was before. However, due to high volatility, there are still price fluctuations that could happen from time to time, hence dropping its price even when we all don't want to. And with the possibility that bitcoin price could reach $100k or even above in the next days and months, seeing also one day dropping its price to its bottom is inevitable, and for that, my wild guess is that bitcoin price could drop as low as $60k down to $50k, or even lower than that, no one can be certain with that.

Moreno233

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Quote from: m2017 on September 08, 2024, 07:08:45 AM

The forum has repeatedly discussed what maximum mark $100K will reach in this cycle. Many are waiting for the level of $100K, and some, especially enthusiastic BTC-users, are talking about higher cost indicators ($150K and higher).

But now I would like to focus on another point. What is the minimum price mark that bitcoin will reach in the current cryptomarket cycle, because the lower the price, the more bitcoin (parts of BTC) can be bought. How low do you think bitcoin will fall in price after reaching $100K (or higher)?

Let me remind you that in 2018, bitcoin reached a price of ~$16.5K and fell to ~$3.5K, in 2022 - ~$67.5K with a minimum level of ~$16K.

Judging from the past records, one could expect Bitcoin to still fall to as low as $40k after reaching $100k but base on the realities on ground, I strongly doubt we will see something like that. We now have big players involved in Bitcoin and also the ETF which paved the way for institutional investors to comfortably invest in Bitcoin. These will play a huge role in Bitcoin price sustenance at certain levels. So my guess is that by the time Bitcoin finally leave the $60k price level that it has stayed for greater part of this year, that area will then become the support which the price will come back to retest before continuing any upward movement. I believe the era of price falling from $69k to below $18k before recovering, is gone.

fuguebtc

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Quote from: justdimin on Today at 11:16:25 AM

Quote from: Yaunfitda on Today at 06:01:26 AM

It's too early to say what will be the levels or what will be the lowest low in the next bear run. We even hadn't taste 6 digits already, although we have reach a new all time high pre-halving. And I guess whatever that price will be, Bitcoin investors are going to accept it and maybe in a fashion that we will embrace and then accumulate as much as we can. That has been the goal of everyone, we should learn the lessons in the past. Just like when we reach $15,500, there could be investors that really doesn't like what they see and then sold. While there are smart investors, specially with deep pockets that bought around that price. So just imagine buying in 2022 and still holding that long till this day and not wanting to sell till we reach 6 digits. That's already a big profit. But for now, let's see how we are going to do next year, maybe $150k will be the highest as you speculated.

I am not generally too negative with my thoughts and I totally believe Bitcoin has huge potential, but $150k is too far a target for it to reach in this cycle, maybe in the next one, perhaps. It would be more than enough if Bitcoin manages to hit $100k in this cycle before it starts dropping value and enters the bear run phase, we have seen it hit a new all-time high but isn't enough since it was only $4k above the previous all-time high and that doesn't count.

The price is above $60k but we aren't seeing a lot of positive movement so far, so it is surely going to take time before it goes around $100k because, before that, it is going to go through all the resistances on the way, there will be dips along the way, and sometimes those dips tend to get pretty deep.

So I would say, though $150k is possible, but logically, $100k would be a good target.

Contrary to you, I believe bitcoin could even surpass the $150k target in this cycle. I still believe this will be a big bull cycle because we have a lot of big catalysts like: halving, ETFs, the economy entering a new growth phase...and maybe we will have a pro-bitcoin president. With all those catalysts, I think the $100k target is actually too modest and not too difficult for bitcoin to achieve.

Bitcoin has been stagnant for the past several months and I wouldn't be surprised if this continues because as I said in the previous bear season: the cycle can change when everyone knows about it and is waiting for it. I was prepared for this situation, and I guess the real bull season only comes when not many people believe in it anymore, and that's just how the market works.

justdimin

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Quote from: Yaunfitda on Today at 06:01:26 AM

It's too early to say what will be the levels or what will be the lowest low in the next bear run. We even hadn't taste 6 digits already, although we have reach a new all time high pre-halving. And I guess whatever that price will be, Bitcoin investors are going to accept it and maybe in a fashion that we will embrace and then accumulate as much as we can. That has been the goal of everyone, we should learn the lessons in the past. Just like when we reach $15,500, there could be investors that really doesn't like what they see and then sold. While there are smart investors, specially with deep pockets that bought around that price. So just imagine buying in 2022 and still holding that long till this day and not wanting to sell till we reach 6 digits. That's already a big profit. But for now, let's see how we are going to do next year, maybe $150k will be the highest as you speculated.

I am not generally too negative with my thoughts and I totally believe Bitcoin has huge potential, but $150k is too far a target for it to reach in this cycle, maybe in the next one, perhaps. It would be more than enough if Bitcoin manages to hit $100k in this cycle before it starts dropping value and enters the bear run phase, we have seen it hit a new all-time high but isn't enough since it was only $4k above the previous all-time high and that doesn't count.

The price is above $60k but we aren't seeing a lot of positive movement so far, so it is surely going to take time before it goes around $100k because, before that, it is going to go through all the resistances on the way, there will be dips along the way, and sometimes those dips tend to get pretty deep.

So I would say, though $150k is possible, but logically, $100k would be a good target.

rodskee

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Quote from: Cryptohygenic on October 02, 2024, 06:59:02 PM

There are more of bitcoin enthusiasts now comparing to 2018-2022. Definitely bitcoin price will drop after this circles ATH but if we get to make some figures, we would see that there are investors with more risk bearing and longer holders now that the past so even if there is going to be falls on bitcoin after ATH, the margin is not going to be as weak as the 2018-2022.

where did you get that data? about more enthusiast these years comparing from 2018-2022?

have you forgot what 2017-2018 brings to the market ?

Quote

So If should make a guess, I will go on $60,000 which the value of bitcoin has been struggling to crossover in the few past months after the $73,000 current ATH. So I think that would e a base value for bitcoin drop after $100,000 +.

i believe that 60k is the maintaining level of bitcoin if ever this will be the highest price

Yaunfitda

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Quote from: m2017 on September 08, 2024, 07:08:45 AM

The forum has repeatedly discussed what maximum mark $100K will reach in this cycle. Many are waiting for the level of $100K, and some, especially enthusiastic BTC-users, are talking about higher cost indicators ($150K and higher).

But now I would like to focus on another point. What is the minimum price mark that bitcoin will reach in the current cryptomarket cycle, because the lower the price, the more bitcoin (parts of BTC) can be bought. How low do you think bitcoin will fall in price after reaching $100K (or higher)?

Let me remind you that in 2018, bitcoin reached a price of ~$16.5K and fell to ~$3.5K, in 2022 - ~$67.5K with a minimum level of ~$16K.

It's too early to say what will be the levels or what will be the lowest low in the next bear run. We even hadn't taste 6 digits already, although we have reach a new all time high pre-halving. And I guess whatever that price will be, Bitcoin investors are going to accept it and maybe in a fashion that we will embrace and then accumulate as much as we can. That has been the goal of everyone, we should learn the lessons in the past. Just like when we reach $15,500, there could be investors that really doesn't like what they see and then sold. While there are smart investors, specially with deep pockets that bought around that price. So just imagine buying in 2022 and still holding that long till this day and not wanting to sell till we reach 6 digits. That's already a big profit. But for now, let's see how we are going to do next year, maybe $150k will be the highest as you speculated.

jaberwock

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Quote from: m2017 on September 08, 2024, 07:08:45 AM

The forum has repeatedly discussed what maximum mark $100K will reach in this cycle. Many are waiting for the level of $100K, and some, especially enthusiastic BTC-users, are talking about higher cost indicators ($150K and higher).

But now I would like to focus on another point. What is the minimum price mark that bitcoin will reach in the current cryptomarket cycle, because the lower the price, the more bitcoin (parts of BTC) can be bought. How low do you think bitcoin will fall in price after reaching $100K (or higher)?

Let me remind you that in 2018, bitcoin reached a price of ~$16.5K and fell to ~$3.5K, in 2022 - ~$67.5K with a minimum level of ~$16K.

We don't really know when and how this will happen, but we know it is not going to be easy. Because every time we have a bull run, we end up with a big drop afterwards and people have hard time accepting we entered the bear market and try to recover but they fail. I have seen too many people who kept on investing more because they think the price will recover and go back up, and they all ended up being wrong and the price went lower and lower because we were in the bear market.

So, we should try to warn people about the potential of bear when we are in the bull itself. Obviously it is going to be something which will not be simple, so we are going to get a result which will not be simple neither, and what we are going to get will not be quick results.

Zackz5000

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It impossible to predict Bitcoin price it could be that after reaching $100k Bitcoin price could either rise or still drop in price which nobody knows the exact price it will be, all what we can do is to speculate the volatile nature of Bitcoin has made the price to be unpredictable, it is only God that can tell the price of Bitcoin or predict the future.
Though for me I don't still believe Bitcoin will reach $100k this year but next year so our major concern is to keep on accumulating Bitcoin regardless of the price and continue to hodl for the future. With the use the of the DCA strategy one can accumulate more Bitcoin inrespective of the price level either weekly or monthly and continue to hodl for a longer period of time.

Sexylizzy2813

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Quote from: philipma1957 on October 03, 2024, 03:01:17 PM

it is tough to predict the future.

i go back and look at gold from 1992 to 2003 it stayed in a 200-400 dollar slot
gold is now 2700 or so.

i could see btc in 50k-75k for a long long long time ending the four year cycle 🔁 we like to follow.

time will tell. I am not looking to sell anything this year. hoping things work out and we do go beyond 80k this year. and top 160k next nov 2025

If we can predict the future then we can call ourselves Gods, that's why we always use the word maybe or may not while talking about prediction or should I say speculation. Is never easy when it comes to getting the exact figure Bitcoin price will turn in the next coming days. For Bitcoin price to hit $80k this year then we should be having the market having a fast move before the end of November. To me I don't believe we're getting to $80k before the end of this year, if you're talk about $160k it's possible to achieve next year, but let's hope the price doesn't start dropping any time soon because it affects the positive move of the price ahead.

GigaBit

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Investor confidence in Bitcoin is now positive for several reasons. Most speculators now have only one goal and that is to touch the 100K milestone of Bitcoin. Many have pointed to 2024 as the year of Bitcoin after spending a long time after 2021. This year Bitcoin ETFs got trading permission. Bitcoin halved this year and many are expecting Bitcoin $100k again this year. None of these assumptions are unreasonable.

Even if Bitcoin is 100K or more, when the bearish period comes, there will definitely be some price drop, but I don't see a situation like 2018 or any big dump like that. Although there is no guarantee, there is no room for Bitcoin prices to fall too much with the increasing interest of institutional investors in the market. Most of the investors who are coming in are long-term holders of Bitcoin. They are holding onto as much bitcoin as possible and ultimately the price of bitcoin is going up. My guess is that it is unlikely to go below $70K unless there is a major negative impact after Bitcoin hits $100K.

JeffBrad12

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Quote from: LUCKMCFLY on October 06, 2024, 03:57:33 PM

I have learned something over time and regarding the BTC market, for me it is essential to analyze the previous spaces or periods to get an idea of what may come, among that is when BTC has reached its ATH and when it has fallen and how much percentage it can represent, then due to this it may be that an idea is drawn, it is not precise of what it may fall, but of course we still do not know up to what price level it will rise, some talk about up to $300k, I don't see it impossible, I do see that it can happen, besides the good thing is that the ATH is always juicier than the previous one.

yeah future massive price dumping when bearish cycle hits will probably just end up like before, people like to move based on psychology, if previous bearish causes BTC to be dumped around 80%, then maybe in the future same scenario will play out, though I have firm believe that price won't dump that much, since BTC is bigger than ever, can't really have that much dump if people ready to bag even at the price of $49k heavily.

but then again, if sentiment is so bad, it could happen, we shouldn't ignore the fact that previous bullrun also triggered by FTX collapse, which robs people of their money. this alone further amplify the dumping to a more massive level.

since regulation and most CEX already taking precaution to not repeat the same FTX mistake I expect market to be less wild when bearish occurs compared to previous bearish cycle.

LUCKMCFLY

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I have learned something over time and regarding the BTC market, for me it is essential to analyze the previous spaces or periods to get an idea of what may come, among that is when BTC has reached its ATH and when it has fallen and how much percentage it can represent, then due to this it may be that an idea is drawn, it is not precise of what it may fall, but of course we still do not know up to what price level it will rise, some talk about up to $300k, I don't see it impossible, I do see that it can happen, besides the good thing is that the ATH is always juicier than the previous one.

philipma1957

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Quote from: $weetne$$ on October 03, 2024, 01:44:52 PM

Quote from: philipma1957 on September 28, 2024, 06:54:29 PM

well last drop was say 69 to 16
drop before was 20 to 4
drop before was 1.3 to 1

so 75-80-92 percent last three crashes.

Well speculated and I think you are making a point here. How low we are going to drop can not be accurately predicted by anybody and if someone gets the prediction correctly, they would have done that by luck because I believe nobody can predict the bottom or the top of the market. My prediction is that, how the market is going to fall will be determined by how high we reach. If we exceed $100,000 and get to $150,000 or $200,000, we should get ready for a massive drop that might get to 90% or higher but if we barely pass $100,000 then we should not expect the market to correct that much. I also think the market is getting more matured and the investors now in the market are more experienced as institutional investors are becoming a big part of the market and they do not just sell as they are known for hodling for long.

it is tough to predict the future.

i go back and look at gold from 1992 to 2003 it stayed in a 200-400 dollar slot
gold is now 2700 or so.

i could see btc in 50k-75k for a long long long time ending the four year cycle 🔁 we like to follow.

time will tell. I am not looking to sell anything this year. hoping things work out and we do go beyond 80k this year. and top 160k next nov 2025

Roseline492

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Quote from: Franctoshi on October 02, 2024, 04:34:26 PM

We haven't reached $100k price per Bitcoin before, and that is to say we are entering into price discovery zone for Bitcoin, no one can tell the exact level that Bitcoin would fall, if it will get to 100k and fall or break above $100k , and even can also not reach $100k or the ATH that Bitcoin would attain this bull market cycle.

$100k is the level everybody has been anticipated on and like you said nobody really no how the price will behave after achieving that price whether it will continue or try to make another correction but for me considering the fact that Bitcoin price struggle a lot after breaking the previous Alll time high and establishing the new one there is a good chance that the next all time high will be the price of $100k and also based on the fact that next year will be a bull season for Bitcoin, so the price could possibly continue bullish after breaking the $100k level, although that's just my prediction about it but until then we cannot really be sure of anything at the moment.

$weetne$$

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Quote from: philipma1957 on September 28, 2024, 06:54:29 PM

well last drop was say 69 to 16
drop before was 20 to 4
drop before was 1.3 to 1

so 75-80-92 percent last three crashes.

Well speculated and I think you are making a point here. How low we are going to drop can not be accurately predicted by anybody and if someone gets the prediction correctly, they would have done that by luck because I believe nobody can predict the bottom or the top of the market. My prediction is that, how the market is going to fall will be determined by how high we reach. If we exceed $100,000 and get to $150,000 or $200,000, we should get ready for a massive drop that might get to 90% or higher but if we barely pass $100,000 then we should not expect the market to correct that much. I also think the market is getting more matured and the investors now in the market are more experienced as institutional investors are becoming a big part of the market and they do not just sell as they are known for hodling for long.

Mayor of ogba

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No one on planet Earth can predict the price of bitcoin correctly, so it will be difficult for anyone to know or predict the price bitcoin will fall to after the bull market ends. When bitcoin set a new all-time high in the 2021 bull run, and after the bull run ended, bitcoin dumped to $16k during the bear market, which no one expected bitcoin would dump to that price. So judging from the past performance of bitcoin after the bull run, bitcoin will likely dip to $50k-$40k, but if bitcoin fails to achieve the six digits next year, it will dip below more than $40k in the bear market.

Cryptohygenic

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Quote from: Hazink on September 08, 2024, 07:15:36 AM

When bitcoin broke the ATH of 2022 this year and climbed to $73k before it started dropping down, some predicted that bitcoin couldn't drop below $50k again this year, which Bitcoin has proven them wrong.

The market is just unpredicted; if the price of bitcoin breaks to the $100k circle, the gravity of the event that will bring about the negativity in the market will determine how low it can go.

The only level I believe it will be hard for Bitcoin to drop to right now is below $10k. If not anything is possible in the market, we have seen the worst, and we should also prepare for the worst in times to come. What matters is that the price will bounce back in due time after whatever will cause the crash elapse.

There are more of bitcoin enthusiasts now comparing to 2018-2022. Definitely bitcoin price will drop after this circles ATH but if we get to make some figures, we would see that there are investors with more risk bearing and longer holders now that the past so even if there is going to be falls on bitcoin after ATH, the margin is not going to be as weak as the 2018-2022.
So If should make a guess, I will go on $60,000 which the value of bitcoin has been struggling to crossover in the few past months after the $73,000 current ATH. So I think that would e a base value for bitcoin drop after $100,000 +.

Alpha Marine

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We can't really know this, can we? Bitcoin is as unpredictable as they come and all we can do is speculate.
Since Bitcoin rose from $16k and got up to $60k, I don't think it has gone lower than half of that price (30k). I understand that we're in a bullish period and BTC will hardly drops very low in times like this, but I don't think bitcoin will drop as low as it did when it went from 67k to 16k.
I believe this because like I said in one of my previous posts, people have more trust in Bitcoin now. They don't panic sell at the slightest hiccup. Now, more people understand that to make a profit from bitcoin, you have to hold it for a long term and people are actually doing that.

So if Bitcoin actually gets to $100k, it will further increase the trust people have for it. That will mean not many people will sell out of FUD anymore like they used to. With this, I don't think the price will drop below $50k, except something very extreme happens to the world or global economy.

milewilda

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Quote from: UmerIdrees on October 02, 2024, 05:20:10 PM

Quote from: m2017 on September 08, 2024, 07:08:45 AM

The forum has repeatedly discussed what maximum mark $100K will reach in this cycle. Many are waiting for the level of $100K, and some, especially enthusiastic BTC-users, are talking about higher cost indicators ($150K and higher).

But now I would like to focus on another point. What is the minimum price mark that bitcoin will reach in the current cryptomarket cycle, because the lower the price, the more bitcoin (parts of BTC) can be bought. How low do you think bitcoin will fall in price after reaching $100K (or higher)?

Let me remind you that in 2018, bitcoin reached a price of ~$16.5K and fell to ~$3.5K, in 2022 - ~$67.5K with a minimum level of ~$16K.

No one exactly knows the price of bitcoin by the end of this bull cycle but for sure it will be a lot higher than 100,000$ per bitcoinBTC. If we remember in the last cycle, we crossed the physiological 50K level with ease, this time too the momentum will be very high when the bitcoin surpass this level and it will just break the media, the fomo comming in and we can reach anywhere between 130K to 170K.

I know this range is very wide but here again the bitcoin will either fail to break 150K or if it break 150K will head straight to 160K+. These numbers seem difficult when we see the current price action, but we should be prepared for extreme volatility toward the upside again in this bull cycle.

Due that unpredictabilty then people or the community would really be having that kind of approach on which they would really be that normally be throwing out different numbers on where Bitcoins price could possibly
be able to reach out. Assuming that it had been able to done before with those previous cycles so it will really be just that normal that they will really be that guessing out with those higher numbers or ATH prices on which its normal. Some would be realistic and there are some which is really that too far off. It will really be just that depending on how you would really be doing up your steps on utilizing on accumulating more coins
which we arent that still yet. Each investor would be having their own ways on how they would be growing out their portfolio.

Speaking about corrections or huge decrease in price then it will really be just that normal on a market. We cant call it a market in the first place if it doesnt have that rise and fall kind of behavior.
It will really be just that something that you will really be needing up realize in the first place so that you wont be finding yourself to be that desperate. So its a normal approach on this aspect
and be realistic at least so that you would be that out to frustration and disappointment.

Topic: To what level will Bitcoin fall after reaching $100K (or higher)? (Read 712 times)