Topic: Will Bitcoin hit 100k or more in 2022? - page 6. (Read 1033 times)

I have to say this: " big NO ", looking at the current scenario: " war between russia and ukraine that is putting the world in a food, financial crisis " so we can't have an unrealistic optimism, then we had cases of altcoins that created dump in the market, so the situation is not good both in the short and medium term. for 2022 to reach 100,000$ we would need to see the markets stabilized (something that this year doesn't seem possible to me) and also have some great news something like: "amazon is accepting bitcoin as a payment method"


big NO


we need to be patient, wait for the market to stabilize, wait for some great news

This economic recession will be worse than the one in 2010, while the condition is only expected to worsen in the near future. Honestly, I believe that this winter will be comparably worse than the two years we went through with Covid, we'll be in an unofficial lockdown due to the high cost of living.

Inflation has been steadily rising in the past months, electricity has skyrocketed and crude oil has been extremely volatile and won't fall anytime soon.

During the last bull run, the target was $100k but it didn't happen. I guess it was a huge disappointment for many and including myself. Then, I held my bitcoin for long and there was no much sign of recovery, then I sold at $48k. It was an act I regretted but now I realised it was a good decision.
My point, if bitcoin was at $69k and could not make $100k, it therefore means that it's impossible for bitcoin to make $100k from $19k before the year ends.

This is a more severe economic recession all experiencing the same impact so to me it is unlikely that at that price it will be exceeded it is still a long way off although no one knows what the next changes will be, so we are looking at the global recession the impact is happening right now.
In 2022 we will continue to experience prolonged bearishness that we don't know when it will end but I think we will get past it.
But it's also very reasonable if bitcoin 2024 becomes a good growth it's still quite a long time, so we can see the exact situation later.

While everyone is discussing Bitcoin's crash and the lowest it could go, you're asking about a new all-time high of $100.000. That's some confidence, lol. Anyway, we're a few months away before the end of 2022, and although we've seen major turns in the cryptocurrency market in the past, this time it's certainly not the same.

Due to the economic recession, I find it hard to believe that any kind of recovery is feasible. If things don't get any better soon, don't expect any major improvement. In the best case scenario, I'd say 2023 or 2024 sounds more plausible to me.

If it's more than just a bear then what could be the exact term for it? Haven't heard any but I can say that what we are experiencing now is still a bear, it's just the duration got only extended, and if the price continues to fall then the price would now be zero or the price is now lower than what we are currently seeing. Fortunately the price have become stable.

This is a good thing as this can make people calm down a bit. Even tho the overall market is still badly beaten up and looks gloomy, I am still not against with the op's prediction because there are a few months left before we end this year so there might be a chance for btc to reached that 100k.

In my prediction, it won't happen. I won't discuss about market cycles or how long bitcoin's previous dips lasted.

But looking at the global economic and political situation, we can see that we are in a crisis period, so risk assets like bitcoin or stocks will find it difficult to rally again this year. Things will only get better if inflation falls and the economy gradually recovers.

Atlanta Fed forecasts GDP in the second quarter will go negative, if this really happens we're in for a global recession.


https://www.atlantafed.org/cqer/research/gdpnow

I can't imagine Bitcoin this year reaching $100k, not finding any speculation that leads to $100k, for $10k this year there's been a lot of speculation, that for sure anything can happen to crypto, without us realizing it at all.

From experience I see Bitcoin ATH doesn't happen this year, every four years, if I'm not mistaken, after ATH just happened yesterday.

Reaching $100k is the hope of many people because they already bought a lot of bitcoins when the price was low. But we do not know when the price will be reached and can only follow market movements. Now the price is correcting again after yesterday's green candle and either the price can go up again or will continue to fall.

All predictions are uncertain because today's market conditions are wilder than a few years ago. So either it can go up to $100k this year, get new ATH this year, or stay at its current price level. Everything is still a mystery but some people say that the price is still going down again. So we'll just have to wait and see what happens next.

Maths and science have confirmed you are wrong... 

what bitcoin is experiencing this time is more than Bearish because bitcoin continue fallen so expecting Bitcoin to reach up to 100000 in this year 2022 it's not something that is going to be possible because write down bitcoin price is some 20,000 and the 19,000 so the price is not constant and the price is fluctuating. So expecting 100000 increment in Bitcoin that should be given a space of 2 years ahead before we experience another bullish market of cryptocurrency

It ain't going to happen, at least looking at it realistically. We haven't really been through a major recession since Bitcoin was created, since Bitcoin was technically created in response to a recession, and the bank bailouts.

So, this is actually an interesting period of time. Uncharted territory if you will. I was just saying it could go either way. We either see faith in Bitcoin increase due to largely avoiding the inflation hikes, but then we've also got to consider that the more people selling right now out of fear, does have a short to medium term effect on that faith.

Until this recession is over, personally I don't see us achieving a new all time high. However, I've been wrong before. To me though, at times of difficulty people are more likely to take less risks, and therefore hold onto money rather than investing. As times get more difficult, more people are willing to sell their investments to make ends meet, which might mean they sell at a loss, and therefore lose faith in future investment. So, it'll be telling times this year, but I don't think we'll see any major upward trend until at least next year.

Personally, I think after the halving we'll see the real climb, since the halving will bring positive outlooks, but we should either be in the middle of the recession or on the arse end of it by then, obviously we'll be feeling the effects for a while, but people would've been able to warm up to it, rather than being thrown into deep water.

I am 100% certain that will not happen

Although I'm not 100% certain, I think BTC will hit a new ATH this year, it must take something truly magical to help us accomplish that. Now that we are entering the third quarter of 2022, you can see how bad the market is doing, bear season is still firmly in control.

If history repeats itself, bitcoin's 4-year cycle will not end anytime soon, and we still have 2 years left before we see the next bull market, plus the world economic situation is in crisis and crypto is no exception, the influence will also have certain impacts on the market.

we still have more than 170 days, nothing is difficult and impossible if bitcoin is rising, everything will skyrocket even in a short time, and the price of $100k is not a difficult thing, in 2017 the price rose more than 8x, and to reach $100k only need a 5x or 500%.

Ohh, well...
What I can say is that "Please stop thinking about when is the moon nor to think about ATH" this year as to whether you like it or not, that was really impossible. I may be wrong but as to see the market, we haven't found yet any significant pumps and market indicators for the rally. Perhaps, we can't say to have an instant recovery as it was known it takes years to fully recover.

We'd rather wait for the next halving as this will possibly save the market.

I mean why so early though? we just had our all time high last year, barely s6-7 months ago and now we are looking for another all time high.

I think that's not how the market works obviously, unless there is a super bull cycle that once we theorized that will bring the 4 year trend. But it's not going to happen specially all the financial market is really down because of the war and other world events.

Highly doubt it. The bearish market would probably continue on till a few more months, and even after it, we aren't going to see a bull season since it's going to be a steady season instead, with straight movements and probably a really slow but gradual increase to the past ATH. At the very least, we wouldn't see a price above the ATH until the next halving, which is still in two years. If you asked it before the bear market a lot would probably answer yes or maybe, but with the current state of things and seeing that we're halfway into the year already, it's highly doubtful.

If the question was "in the next one year" that would have entailed 2023 July or so and I would have said yes, I truly believe that we will reach that 100k price in the next one year. However, if you limit it to the year of 2022, then we have only a few months left, in the next 6 months or so, we need to go 5x and that may probably not happen.

I still think that the recovery will start and the price will start to go up, especially during Q4 the price of bitcoin will go up a lot. But, that will not be enough to reach 100k, it would be good to reach 50k for sure, and the another 6 months or so will get another 2x and we will be 100k but that would be inside of 2023 or even 2024 after next halving.

Like I said in the other thread. There is no way we will get a new ATH or new ATH for stocks until inflation is under control. It’s just not possible. Only way is maybe if fed prints money again which obviously they won’t because it would make inflation worse.

Right now we need to see demand destruction which is not happening. Same with job markets. Record unemployment lows. So inflation is still going to be high. It matters how high. If it’s over 1% again then fed will be aggressive and markets will go lower. If it’s going to be average or negative then markets will be happy.

Not the time to expect ATH anytime soon.