Topic: Will Bitcoin hit 100k or more in 2022? - page 4. (Read 1077 times)

Bitcoin price to reach hundred thousand (100k) it's not something that you say that is impossible because Bitcoin have it way of acceleration over some months now bitcoin price has been fluctuating in the market but just a recent the price which was at rate of nineteen thousand (19k) and twenty thousand just reached twenty one and twenty two thousand (21k/22k).  So i believe that the movement of Bitcoin is not predictable, so therefore their is every tendency that the price will reach hundred thousand without the expectations of anyone

It looks like the bear market will not end in the near future, if we look at the price of Bitcoin which is still struggling to return to the ATH price.
Even though Bitcoin has now managed to rise to the price of $23k, it is too soon to conclude that Bitcoin will recover soon, there is even a chance
that Bitcoin will fall back to below $20k in a few days. So if there are still some people who still believe Bitcoin will hit $100k this year, it's their right
to believe that, but I agree with you that Bitcoin is unlikely to reach $100k in a bear market situation that still looks strong.

Or it could be people who believe the price of Bitcoin will reach $100k this year, it's their way to be more motivated to collect as much Bitcoin
as possible. It would be much better if we think long term, by preparing for the next halving in 2024, because based on the history of Bitcoin
price movements, after the halving occurs, the Bitcoin price will rise very high and can reach new ATH. So it will be much better if we can continue
to collect as much Bitcoin as possible and we hold it until the next halving occurs. After all, long-term investment in Bitcoin is much more profitable.

I think that's because after the halving there is a possibility of bullish coming and raising the price to 100k, it is very likely to happen but we will be two years apart.
The bear season does not need to look at the highlands because we want the price of $30k to be difficult to go through because it is bearish so the price is not more stable due to unclear movements but indeed this must have an economic impact as well, causing all to be affected by it.

We have now entered the middle of 2022 and throughout the year we continue to see the bitcoin market in a bearish state, the bitcoin price movement is now skewed in a downward state so it is very difficult to say if this year we will see ATH happen again, so far I am still holding bitcoin though in a state of loss but I believe maybe next year we will see the market recover and can continue to create new price records like the cycle that has happened before in bitcoin market

Exactly, you can look at historic cycles all you want, but when you look outside of that the current situation we find ourselves in, is no where near to what it was in past cycles. I sound like a broken record now, but we're literally heading for one of the worst recessions that most of us have experienced. I don't know if it's going to be comparable to the great depression, but it might be. Since basically the whole world shut down during the pandemic, and is only a few months ago starting to fire back up into full swing. So, that's roughly two years of a stagnant economy, that means many smaller businesses would've been struggling, and likely with increasing cost of living, means they'll likely have to offload staff.

Those people lose their jobs, and therefore need to either find a job or live very frugally, and with help off the government, which then negatively influences the economy. We've already seen the downturn in the housing market, we've already seen the extortionate fuel increase, as well as the general grocery increase.

This might not sound like it's related, and you might argue that this makes Bitcoin more appealing than a fiat currency that's subject to inflation, while that might be true, people's perspectives change during times like this. They focus on necessities rather than speculative investing. Bitcoin is currently speculative investing for most new comers. So, the buying power if you will, is going to decrease massively over the course of the next year.

It depends how bad this recession is going to be, and how long we'll be in the thick of it, to be able to accurately determine whether or not Bitcoin can recover to previous levels soon. I do think this year is off the cards though, I'd be pretty damn confident in that.

I get that not everyone thinks with the long-term approach to it, but if you draw that back all the way to October, you will realize that we have been going down for a long time. It’s not clear on what it will do next month or month after that, but it’s clear to me that we have been low for a while and we will go up even more later on. That’s how we should be approaching things, we shouldn't be expecting it to be up anytime "soon", but if you look at the price since October, you will realize that it has been a while since we started to drop, so it must be getting closer.

I guess that this year we will start the bull run, it will probably not end this year, so it will flow over to 2023, but it will probably start this year.

I think to reach 100k is very impossible, with the state of the world like this everywhere the world economy is collapsing I think bitcoin will be difficult to reach 100k this year. maybe 40k more reasonable end of 2022 will reach that figure.

$100k OP? It wasn't clear upon checking on my crystal ball - but I don't think it is necessary for us to think during this bear season, what we are supposed to think by now if the market won't able to drop or is just about to stay in this level for the whole year. $100k can be possible when Bullrun comes but that only happens after halving.

This bear season will probably stay longer, not just this year but can be extent next year. We can't just set aside the the conflict between Russia and Ukraine that gives a huge impact to the economy in most countries.

Nope, definitely not mate because ATH will not come this year or even in the next and that is what i do believe.
again it will not , because  the timing does not comply to when will the market increase , we need too much investment to make it there.
we will maintain this 15-25k this whole year I believe.
and look at those dates. mostly it happens every 4 years and those are halving season.

so what you are asking here is that ATH will come Annually ? because we have just last year and now 2022 another ATH? if this can be possible then then maybe before 2025 we will be hitting 1 million price for bitcoin ?
Im so glad if this going to happen because Finally I can see myself being a millionaire before retirement 

The whole 2022 might be just the start of the bearish season. We are in a completely different situation right now compared to the previous bearish run. Most economy in the world right now are struggling and it definitely will have an effect to Bitcoin, not to make it worse but will most likely to maintain it's price range while economy is recovering. Now, I'm afraid 2 years might not even enough, let alone the whole 2022.
There were still a lot of things that's continuing to hurt the global economy, until it's not resolved we are most definitely not going to see another ATH, let alone the $100k.

Yes, Bitcoin price will definitely hit $100k in 2023 because the bearish market look like something that will take the whole year before it can increase higher. Many investors are still holding their bitcoins for bullish market to come before they can sell to make a good profits that will make people to praise them for the patience they embrace for the bullish market to come. I believe, this Bitcoin price will not remain like this in 2023 because the green light will fully be stable through out 2023 to 2024 for long term traders to achieve their rewards from the community.

Pray that we dont get 100k because nothing big happens in isolation, theres a thin line between a rocket launch and a giant uncontrolled explosion and reaching an extreme velocity in just 14 weeks to drive us from 20k to 100k from a near standing start resembles a situation imo we'd witness close to destructive forces somewhere.   I dont how or why that tumultuous event would occur I just hope it doesn't so I don't have to find out what the heck happened to create that much energy so fast.
   I know everyone thinks higher is better but not in minute amounts of time, slow steady reliable acceleration is far better and with solid inertia ongoing to keep us high not fall out of the sky when we get there.

Thinking $100k isn't achievable this time, that is what I see. I know it can't be predicted OP but based on current market performance that was seemingly impossible. We know the situation and the majority of the country have been suffering economic decline making them limit their investment share which is possibly affecting Bitcoin demand. And aside from that, we can't expect that price to reach as we are still in the bear season - maybe in the next halving but that was 2-3 years from now.

At this point all people who were believing in 100k this year must already be hopeless and desperate. If there is something that this market teaches people and not to be too optimistic and dream about fantasy things, for example not to think that just because the price has gone up a lot then it will continue to 100k and from what I'm seeing this 100K goal could take many years to achieve. for now we need to pray that the price doesn't fall below 17000$ and we see the doom of 10,000$


with this crisis that the world is going through because of the war between russia and ukraine, I see that only 2 years from now we will be able to dream of 100,000$

Well I am on your side and I agree with that too --I did not see a good reason why bitcoin will hit $100k this year, it could be right after the next halving will come which is almost we are there and expected the price will increase and that is possible that it will happen someday.
Though bitcoin is unpredictable I can feel that we need a star with strong hands. Let us wait the most anticipated moment that bitcoin will create a bull market right after halving time

It's okay to not be optimistic all the time as long as you know what is happening in the market you don't need to worry that much about of your investment. Bitcoin will somehow continue to rise in the future and all you have to do is wait patiently and let the whales/market do its job.

It's just too soon to be asking that $100k which is not attainable at the moment since we are in a bear market already. It might take another Bitcoin halving to reach that level of price and probably it would happen at 2024 or 2025. So why don't you accumulate as much as as you can when the price is still cheaper?

As far as we can tell, there is nothing we can do to predict when bitcoin will reach $100k, but we are only certain that bitcoin will reach 100k$ in the future. Honestly, I'm not optimistic at the moment, bitcoin won't rise anytime soon as bitcoin shows the possibility of a drop still happening this year. What I am waiting for will be a new bitcoin bottom rather than a bull run this year, I am waiting for bitcoin to drop in price to accumulate more of my bitcoin.

I've heard some people thinking the bull market will return this year, and therefore that $100K can be reached, but to me also this is far too soon now that a bear market has been confirmed. Even considering the bear market to have begun in May 2021, as opposed to November, then based on previous price/cycle history it seems far more likely to have a years worth of consolidation from here prior to a new bull market.

I still do think $50K is realistic for a dead cat bounce however (to the 0.618 fib retracement from ATH to recent low), similar to 2019 when shorts were heavily liquidated all the way up to $14K. But also similar to 2019 there were many 2017/2018 buyers above $10K who wanted out of their positions, and therefore price took around a year to consolidate higher prices before finally making a new ATH.

Probably only the most bullish individuals believe that bitcoin can reach a new ATH during this year, if we are lucky we could get to the 30k level and that is it.

But even that price seems impossible to reach, the economy is not doing well and the market itself is not doing that well either, inflation is out of control which means people need to pay more money for the same products and services, this translates into less spare money to invest which also hinders any recovery we could hope to see.