Topic: ✅ We are currently in a year where the trend for Bitcoin (Read 227 times)
The trend for bitcoin will always be as long as the price is so high.
We'll see about that. It's been an interesting spring for sure. But i don't think we are gonna get 100k in this year.
Please explain this.
You say that but the fact that BTC market recovered from the low 30K to over 40K just today does suggest that we might be in the clear. It is not yet 100% confirmed but if the upward trend continues we might find ourselves in a bull run before we know it - just be patient a little longer
Imagine how everyone would react to BTC reaching close to 100K
when BTC really hits $100k or is still in the $70-$80k area people will start to enter BTC and this will be the biggest BTC bullrun wave ever.Imagine how everyone would react to BTC reaching close to 100K
Currently BTC has even given a positive signal by holding it at the $30k support and rising again to try to reach a new ATH.
BTC will always provide unexpected surprises.
Yes, I think it is possible to get to 100k but not that likely if you look at the exponential rise to get to the all time high earlier. A cool off period to shake out the weak hands is good and necessary. Let it settle it, 100k will come with time but it may take a while in my opinion.
Bitcoin is huge growth, a big price correction in that year is not without predecent (ie 2013).
BTC still primed to go to 100k by EOY 🚀
BTC still primed to go to 100k by EOY 🚀
The current mood in crypto markets is not similar to that during the collapse of prices in 2017, when everyone expected a short period of consolidation before the upward momentum, which never came.
We are now waiting for the latest update of Bitcoin (Taproot), which is supposed to significantly improve the blockchain network of BTC. The update will improve the privacy of Bitcoin, speed up transaction speeds and reduce the amount of data stored and transferred to the blockchain.
This could lead to a much different and better market performance than in previous years and really lead Bitcoin to $ 100K levels.
The next few years will continue to be the trend of Bitcoin. I have always believed that it will become more and more recognized by the public. El Salvador uses Bitcoin as legal tender, which indirectly promotes other countries to gradually recognize the legality of Bitcoin. It will get better and better.
I do hope so because a lot of cryptocurrencies that are new and old are starting to gain some tractions that might overshadow bitcoin in a way that it might hinder with a potential bigger growth for bitcoin but given that bitcoin is still the face of cryptocurrency, I think we are still going strong for another year or so.
The next few years will continue to be the trend of Bitcoin. I have always believed that it will become more and more recognized by the public. El Salvador uses Bitcoin as legal tender, which indirectly promotes other countries to gradually recognize the legality of Bitcoin. It will get better and better.
hero member
Activity: 2590
Merit: 650
Want top-notch marketing for your project, Hire me
I agreed with the OP point of view about the big market to happen after the big growth in price of the Bitcoin market but the major problem we are having is that most of the crypto currency investors mostly focus on the positive direction of the market and forget that market usually repeat previous trend when it bullish market but for the price of Bitcoin to reach $100K before the end of the year is something I am not quite sure about cause the market forod bath ought to before then if the market still replicates previous bullish market.
Many things have happened that trigger for the trend of Bitcoin to make happen this year. This have all started when the price of Bitcoin have a breakthrough after 3 years ever since it have made out its biggest ATH which is $20,000 and have attained more than that at the late months of year 2020 that have been brought even at the start of this year 2021. Bitcoin's value has keep rising up on which have break through reaching $60,000 at the first months of this year because of different news trends that hype up Bitcoin usage and popularity. As a person that have been into Bitcoin for many years, this year become its trend even the market is currently getting into declination.
Bitcoin is huge growth, a big price correction in that year is not without predecent (ie 2013).
BTC still primed to go to 100k by EOY 🚀
You have back your claim with some facts. You are saying the price is going to go to $100k and then there are others that are saying the price will go below $20k. Sadly, none of you guys are properly able to justify your claims. $100k within the end of the year is too much. Would rather prefer a slow, healthy growth instead of seeing the price skyrocket. The faster is grows, the more fear and greed it creates. Fear and greed, both are bad. BTC still primed to go to 100k by EOY 🚀
If we all believe btc will hit 100k by year end and each and everyone of us buy as much as we could now that the price is still at 40k or below, we could see btc getting close to 100k even before year end, i wonder how many people is actually taking advantage of this opportunity and buy some btc at this current market price! i also have a strong feeling that wed haven't seen the end of bull run just yet, hopefully that 100k target will be achieved this year.
I would like to take this opportunity to purchase Bitcoin if it really reaches $100k but the risks are higher and the past one and a half years were not great for me financially except for the investment i was holding for a long time, if not for that i would be selling my condo because i lost my job when the pandemic started and i cannot risk my savings now. I am sure most will be going through that phase and if the market rallies i will be booking my coins which i am holding for the past several years and enter after the correction and that is my plan.
If we all believe btc will hit 100k by year end and each and everyone of us buy as much as we could now that the price is still at 40k or below, we could see btc getting close to 100k even before year end, i wonder how many people is actually taking advantage of this opportunity and buy some btc at this current market price! i also have a strong feeling that wed haven't seen the end of bull run just yet, hopefully that 100k target will be achieved this year.
100k is very possible but for the near future I don't think it can be achieved where like previous years when bitcoin will go up without brakes there is bad news about it, from one country to another, until the tweet of an Elon Musk can be used as a decision where btc goes up and down , when he said hold/buy bitcoin back btc will up
Price manipulation is always done, whether it's through Elon's tweets or through some FUDs that have been heard lately.To reach a new ATH at $100k, it is not easy. There will be many obstacles to overcome. Of course this will play with the mentality of Holders who have BTC. Nothing is impossible, everything can happen in an instant. The market is set and has followed the trend. Just waiting for the moment when the market starts to be bullish.
Imagine how everyone would react to BTC reaching close to 100K
Bitcoin is already showing a bearish trend, although trading has rebounded in recent months. The Bitcoin futures curve has suffered a setback that formed for the most part in 2018, before Bitcoin fell 74% after its biggest gain in 2017.
so a trend like this might happen and getting to 100k is very possible
Everything is possible in crypto especially to BTC wherein adoption happens mostly. Its undeniably visible how bitcoin is able to gain supporters as well manipulators in just a span of months like bow Elon manipulates the market this year. Bitcoin which have still room for more adoption by the government or individuals due to its usefulness will determine how it can affect the market more. so a trend like this might happen and getting to 100k is very possible
To be honest BTC is looking very bullish from a technical standpoint on the higher timeframes especially on the monthly. Weekly TF doesn't look bad neither. I guess 30-40% drops are still part of the growing pains of this asset.
I agree that $100k is still in the cards for EoY. 6 months is a long time in the crypto world.
I agree that $100k is still in the cards for EoY. 6 months is a long time in the crypto world.
100k is very possible but for the near future I don't think it can be achieved where like previous years when bitcoin will go up without brakes there is bad news about it, from one country to another, until the tweet of an Elon Musk can be used as a decision where btc goes up and down , when he said hold/buy bitcoin back btc will up
Price manipulation is always done, whether it's through Elon's tweets or through some FUDs that have been heard lately.To reach a new ATH at $100k, it is not easy. There will be many obstacles to overcome. Of course this will play with the mentality of Holders who have BTC. Nothing is impossible, everything can happen in an instant. The market is set and has followed the trend. Just waiting for the moment when the market starts to be bullish.
Bitcoin is huge growth, a big price correction in that year is not without predecent (ie 2013).
BTC still primed to go to 100k by EOY 🚀
BTC still primed to go to 100k by EOY 🚀
100k is very possible but for the near future I don't think it can be achieved where like previous years when bitcoin will go up without brakes there is bad news about it, from one country to another, until the tweet of an Elon Musk can be used as a decision where btc goes up and down , when he said hold/buy bitcoin back btc will up
Bitcoin is huge growth, a big price correction in that year is not without predecent (ie 2013).
BTC still primed to go to 100k by EOY 🚀
We can only make assumptions or say can have speculative approach towards Bitcoin prices and it might it $100k also if the past history charts repeat again when they were surged to ATH of $19800 in 2017.Similarly this year they reached ATH of $64k with Coinbase listing and from then market is bearish but we can't accurately predict thr future levels.If investment are made then it can boost the prices and support above $45k or so in Q3 of 2021.So let's hope for best. BTC still primed to go to 100k by EOY 🚀
Every year is the year of the bitcoin trend, isn't it?
it depends on the trend. for example not every year we have a very long and big bear market, it only happens every once in a while. last time it was 2018 that is 3 years ago already.
or not every year we have a massive bubble and this one was 4 years ago and may repeat this year if price reaches $300k to $400k after people panic sold above $100k
While I am in support of Bitcoin price rising. I am really unsure of Bitcoin hitting $100K this year in itself. No, this is not some kind of FUD on Bitcoin. This is me being very practical about it. Of course we have seen Bitcoin rising with a great upward swing towards $64K within this year, but since then it has collapsed and failed to hold the position among a lot of FUD.
However, it has become a very popular cryptocurrency since this year and grabbed the attention of government and companies. So i could see it rise and close the year at around $75K. But i dont see it going beyond $100K within this year - though i most dearly wish that it rises beyond that too!
However, it has become a very popular cryptocurrency since this year and grabbed the attention of government and companies. So i could see it rise and close the year at around $75K. But i dont see it going beyond $100K within this year - though i most dearly wish that it rises beyond that too!
Jump to: