Will Bitcoin hit $100,000 before the end of the year? - page 2.

Ryker1

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Quote from: OgNasty on September 02, 2021, 03:35:11 PM

Bitcoin will hit $100K this year. It will actually hit above $115K. Failure to do so would mean the end of the stock to flow model and that’s what Wall Street is betting will give them a x10 return over the next 4 years, so they will be defending this model with a great deal of cash. I wouldn’t bet against it.

Well --possible.
Nothing is impossible in bitcoin price, it will always fluctuate and surprise us for always having a new ATH. But first, before we assume, let us accept the fact that bitcoin price does not have any time frame when it will grow and when it will drop, it is always unpredictable. But if you have a good amount in your wallet as your investment asset, good for you, I suggest top hold and wait for the perfect time. There is no doubt that bitcoin price will always have reach on its own ATH and that is nature.

OgNasty

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Bitcoin will hit $100K this year. It will actually hit above $115K. Failure to do so would mean the end of the stock to flow model and that’s what Wall Street is betting will give them a x10 return over the next 4 years, so they will be defending this model with a great deal of cash. I wouldn’t bet against it.

dothebeats

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Improbable is not impossible, so there is a chance for bitcoin to reach that heights before the end of this year. Trading volumes are somewhat picking up, too, very recently and you can hope to see that it’s something for the positive and not the negative. Right now, the market is moving sideways and is not in any strong market direction, so it will be boring from here for a few weeks before we finally see some action in the market again.

lepbagong

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Quote from: Gbniman on September 01, 2021, 12:29:44 PM

Hello.
Can this really become true and if it possible i will be come rich and lambo because to me my life is going to change if it reach this level.
Most of my investment is in Bitcoin.

First you have to be grateful that not many individuals can hold a lot of bitcoin because the price is already too high, so many are playing with altcoins. so if you already hold bitcoin, of course this is a gift to be grateful for and maybe you also work hard to hold it and not too eager to sell at prices that are not maximized.

If we look at the Halving, we can conclude separately that the third Halving Effect has not yet occurred, so it is likely to occur at the end of the year. so you don't have to worry and it's likely to achieve fantastic scores too.

Here I try to describe the halving process;
# First Halving : Nov 28, 2012
ATH in November 2013 at a value of $1,127

# Second Halving : Jul 9, 2016
ATH in December 2017 at a value of $19,665

# Third Halving : May 12, 2020
ATH in ............. 2021 ? at a value of $ ?

if we look at the first to the second halving, there is a pretty fantastic increase, if it will happen at the end of this year the third halving effect then you can conclude for yourself.
we hope that because it will also impact other altcoins and excite new projects to do well.

cafucafucafu

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I highly doubt it.

Despite the recent bullishness I think that bitcoin will still have to break through some very significant psychological barriers ($50k, for example) in order to re-establish an uptrend.

It's more likely that we consolidate at this $40k-50k region for a while now before resuming the 4 year bull/bear cycle.

el kaka22

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Quote from: aioc on September 02, 2021, 05:55:22 AM

How many Bitcoin do you have and at what price you bought them? if $100k or even more can change your life then hodl it the market is very volatile even if the price of Bitcoin did not reach the $100k level it will soon reach but it's not a guarantee that it will reach the $100k.

This year is the best in Cryptocurrency, with so many new trends and innovations introduced in the community, the technology and community will get better and all those prices that people are dreaming of will a become reality.

Honestly he must have a lot of money if 2x means richness and lambo, right now we are at 50k and 100k is only one 2x away and it wouldn't really change so much in my life itself. Obviously the higher bitcoin goes the higher other coins goes and I am making a good profit plus my business is related to crypto so when that goes up I am usually doing a lot more work and I am earning a lot more, but that doesn't change the fact that we should be focusing on just what we have but also what we could have at the same time.

Crypto is a whole business, it is not just investment and trading, it is working, it is earning, it is art, it is gaming, it is many things and bitcoin at 100k could help me get rich with all the other things, but all by itself? A 2x increase? I can't become rich even with 20x, I do not have as much as some people and that is why I will be well off but not "rich" for sure.

Spack17

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It can be true but there is no guarantee for it. PlanB explained their analysis model and said that they were expecting $100k before the end of the year. So many people have started believing in them. But even the most experienced analyst can have a big difficulty in predicting the future of Bitcoin price. Because of high volatility and the ambiguity, it is very difficult to predict it correctly. But I really hope to see it at $100k as I will also be making a really nice profit. Grin

palle11

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I can't beat my chest to support that bitcoin may go over $100,000 or not because we are not sure of that but what I expect is for it to reach the ATH of around $64,000. I have to advise you not to sell in panic even when the price drop because any volatility is possible and bitcoin can jump or drop at any moment with out any signal or indicator. We have to keep watching closely as the day go on.

danherbias07

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Yes. It's always possible. But the question of "When?" is the problem. Don't expect too much. Don't rush it either.
If ever more good news will happen with "Bitcoin" in the middle of it then expect a pump.
As of now, all we could do is wait. Many of us are also expecting for the value to go higher as it may become the new bottom for Bitcoin.
Just don't rely your daily necessities with the profits you will make from it, that should be a separate budget to avoid worries.

Kong Hey Pakboy

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Quote from: ipanks on September 02, 2021, 10:50:33 AM

You need to have patience, especially if the bitcoin price can not reach $100k at the end of this year because bitcoin seemed too slow to increase. We see that the price does not surge to the highest price and back to $60k so it could delay the increase of bitcoin price. Besides that, we do not know for sure what will happen to bitcoin but in the future, bitcoin price can be more than $100k. We can wait for that and prepare for the next bull run so we will not be late to sell bitcoin at the highest price.

Exactly, a lot of people will definitely be disappointed when bitcoin doesn't get to that point, I am pretty sure of that because we've been hyped by a lot of people and we have high hopes so when that doesn't happen, pretty sure we're going to be heartbroken over the fact that it's not going to be 100k at the end of the year. But always remember that you can always hold on to that bitcoin and continue accumulating.

ipanks

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You need to have patience, especially if the bitcoin price can not reach $100k at the end of this year because bitcoin seemed too slow to increase. We see that the price does not surge to the highest price and back to $60k so it could delay the increase of bitcoin price. Besides that, we do not know for sure what will happen to bitcoin but in the future, bitcoin price can be more than $100k. We can wait for that and prepare for the next bull run so we will not be late to sell bitcoin at the highest price.

aioc

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Quote from: Gbniman on September 01, 2021, 12:29:44 PM

Hello.
Can this really become true and if it possible i will be come rich and lambo because to me my life is going to change if it reach this level.
Most of my investment is in Bitcoin.

How many Bitcoin do you have and at what price you bought them? if $100k or even more can change your life then hodl it the market is very volatile even if the price of Bitcoin did not reach the $100k level it will soon reach but it's not a guarantee that it will reach the $100k.

This year is the best in Cryptocurrency, with so many new trends and innovations introduced in the community, the technology and community will get better and all those prices that people are dreaming of will a become reality.

MusaMohamed

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In worst scenario, it might hit $100,000 some day in this year, before the end of this year.

The top might be very higher than $100,000. And I don't mind that top will be hit this year or in early months of next year 2022. Waiting for the top just within a few months is easy and is not a challenging task for me.

If you ways question when it will happen, you will be impatient and will sell your Bitcoin under $100,000.

Devifajarina

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Quote from: Gbniman on September 01, 2021, 12:29:44 PM

Hello.
Can this really become true and if it possible i will be come rich and lambo because to me my life is going to change if it reach this level.
Most of my investment is in Bitcoin.

Currently almost everyone or observers are starting to talk about bitcoin reaching $100,000, even many economists believe in that, bitcoin's condition this month has almost reached that number, but at the end of the year anything can happen.

It is very possible that you become a rich person, if you invest in bitcoin at this time, a very good step you take today is investing in bitcoin, especially if most of your investment is in bitcoin, just waiting for the time for you to become rich.

adaseb

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Well if you will be rich and get a lambo when BTC hits $100K it means you are pretty much rich already at bitcoin being $50K. Unless you are using crazy leverage and buying bitcoin futures hoping on 25x leverage your main position will hit $100K then its a different story. Dont buy bitcoin on leverage, a slight pullback and your investment will be gone completely. If you buy on spot you can never get liquidated.

Will it hit $100K? Who knows. A month ago people were calling for $10K bitcoin and now they are calling for $100K, so most likely neither figures will be hit. Maybe it'll go to like $99K and then go back down since everybody wants to sell at $100K.

Bitcoin won't make you rich to be honest... not anymore unless you were an early adopter. It might 2x from here and thats it. Maybe 3x but its stretching it. Look at other coins like SOL or look at NFTs. If you traded those you would be super rich.

Kemarit

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Quote from: Gbniman on September 01, 2021, 12:29:44 PM

Hello.
Can this really become true and if it possible i will be come rich and lambo because to me my life is going to change if it reach this level.
Most of my investment is in Bitcoin.

No one has the crystal ball to see what's going to happen in the future. So I would suggest that you better wait. Getting rich in crypto takes time as this is not a get rich quick scheme. Others waited for years to really take profit and become a millionaire.

If most of your investment is in bitcoin, then I do hope that you didn't go all in as it needed time to grow. And it's just four months away from the end of the year so why you can't just wait if we will hit $100,000?

TravelMug

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Quote from: Gbniman on September 01, 2021, 12:29:44 PM

Hello.
Can this really become true and if it possible i will be come rich and lambo because to me my life is going to change if it reach this level.
Most of my investment is in Bitcoin.

There is one thread that you can read all about bitcoin hitting 6 digits: Stock-to-Flow Model: Modeling Bitcoin's Value with Scarcity.

Just remember though that this is just pure speculation but he provided some good analysis and modelling as to why bitcoin can reach $100k.

Good to hear that you have mostly invested on bitcoin. All you have to do is just remain calm and be patience and wait at the end of the year. If we hit $100k or more then good for all of us.

ILuckyGuyI

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The answer is yes, of course there is a probability of seeing Bitcoin price at $100k before the end of this year. However, the current rally won't be good enough to reach that level either. The thing we need now is a long-lasting bull run. If we get one, then I see it as very likely to reach this huge level. It means that people who buy Bitcoin even now will double their investments in less than one year which sounds really great. Grin

ivankoh

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Quote from: Gbniman on September 01, 2021, 12:29:44 PM

Hello.
Can this really become true and if it possible i will be come rich and lambo because to me my life is going to change if it reach this level.

Anything for bitcoin means every possibility. The current market dynamics are still in a healthy cycle, the fact is that for bitcoin to hit $100k it needs more than a catalyst to drive the Hodl reaction in the long term. Right now all the September data (In the past) is creating a lot of pressure from the market but this year will be another year, I guess there will be more history of surprises for bitcoin.
I also hope bitcoin can go to 100k in this good support state.

Ibrahim60

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Quote from: Gbniman on September 01, 2021, 12:29:44 PM

Hello.
Can this really become true and if it possible i will be come rich and lambo because to me my life is going to change if it reach this level.
Most of my investment is in Bitcoin.

In my eyes There is no enough possibility to hit $100k price of Bitcoin before the year. Bitcoin is the most potential coin and this is also a good time to invest on it. You can get profit by investing on it for long time. Bitcoin price will hit $100k in the upcoming year, this i believe and i think everyone believe it. But there is small chance to hit $100k in this year. But Bitcoin price can cross $60k before the end of 2021.

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