Topic: Will BTC reach $100,000 in December? - page 6. (Read 1401 times)

I think that what you are saying is true and the predictions that many people have made about bitcoin discussion going up to $100K also make sense. because we see the movement of bitcoin from the side of the habit that has been done so far and rarely darted away from the habit.

if we look at bitcoin's past behavior after the 2013 and 2017 halvings, it is almost the same as what will happen in 2021. The last ATH occurred in November and December and it is likely that it will happen again and the comparison is clear the difference between ATH 2017 and ATH 2013.
if you look at it it should be the end of this year it might even be higher than just $100K, but then again predictions can change and usually not much different.

we have to get used to saying anything can happen in crypto and that is very true and we cannot avoid that fact. but indeed bitcoin has a very different nature from the others, because bitcoin will always make an increasing movement every 4 years, and it will be done with certainty.

under current conditions, I totally agree with your optimism, that bitcoin will reach $100K by the end of this year. even I predict that bitcoin will actually be able to exceed that price and it is not impossible to do. we must be patient to wait for all of this to materialize, because the increase in bitcoin will have a good impact on new projects.

Most people invest in bitcoin not because it's just a benchmark for price, but more likely to see bitcoin as a coin that has a good level of stability and development at every day, that's the basis that makes people happy to make purchases of bitcoin, but this situation can only be exploited by people who have a large financial level, and I believe bitcoin will reach the price of 100,000 US dollars.

That's just their speculation and with the belief that bitcoin can reach $100,000 in december but the facts are still no one knows and the time will determine this outcome at the end of the year.
There will definitely be a lot of reasons for continued bulls, bitcoin is still trending, bitcoin will be a new milestone, and those would be some of the reasons why one would be so confident, but this could happen given that it's still strong in the market that bitcoin is quite holding up at $60,000.
But for me this will be a prolonged positive trend.

There are many up and down to expect, crypto volatility still exist and still in the same format, thought now, the rising bull is more dominant as even correction take place the recovery to stay on a good levels is really giving good signs that Bitcoin can bring more profits to those who can hold and wait.

$100K always a good target, but it would be take some time, or if there're big investors to pressure the market and pumped it up

We never know if that amount from OP would be the highest peak

There is no way we dare say this is true, if we don't pay attention to bitcoin this year, the market conditions for bitcoin are quite good, especially in October and November. But anything can happen to crypto, but not with bitcoin at this time, I dare to make predictions for bitcoin by the end of the year will reach 100,000 US dollars or below that price, the beginning of the year and the middle of the following year no longer apply the condition of price predictions for bitcoin.

Yes it will reach that price so spread the word, tell to all that Bitcoin will reach to $100,000 by December .
I just hope that somebody here knows what will happen to Bitcoin by December with 100% accuracy so that we can ask him/her if it will happen or not.

Let them believe what they want. Let them decide what they want to do and let them share their opinions unto why it will reach $100,000 by December. As for me, we all have opinions with this topic and for me I don't think that it will happen. Increasing almost twice the price right now in just 2 months? I don't think that it will happen. Bitcoin dropped to below $30,000 at July 2021 and for it to recover and surpass its past ATH, it took at least 3 months to happen. I don't see any reason either fundamentally or technically that will make the price of Bitcoin rise so its a no-no for me with this scenario.

I'm afraid that we are just exaggerating things because Bitcoin price had already climbed so much high since last year and this is greedy belief to expect a 100k.

Yeah i don't want to be hypocrite telling I am not the one who expect this to happen but at least
i Know when to quit expecting and when to continue .

Right now, all indicators going in favor of this magic figure of $100K because recently we have some good things happening for this bitcoin and different countries also bringing regulations for spreading this few countries already have adoptions because they are feeling good this all having big impact on this bitcoin and its value.

As of now, peoples are taking positions for better profit because they are feeling in coming months there are some better things happening in this crypto world, every one looking for his position and better profit. I am personally feeling in next year first months are very important for this, and we can touch this figure, surely.

Did you ask them what made them believe it will hit $100k this December if they just believe, it's a wild guess, if you looked at the price of Bitcoin and how it's moving based on the chart I don't think they will come out with that prediction, but of course, it will eventually reach $100k that is possible, before the halving, we are good if Bitcoin hit $70k before the end of the year.

I think even if the crypto market reaches a weak position it will not last long the high price of bitcoin has broken all resistance. Bitcoin could be more than in 60,000 per currency this year this does not necessarily mean that the growth of cryptocurrency will never end predicted that the price of bitcoin will rise.

Btc is on a spree after it went mainstream and various influencers started talking about it with their subscribers.
Maintaining $60k floor right now is a big question and I am curiously waiting for 1st Nov to see the reaction of the markets. If btc breaks the present all time high of $67k, it has a higher probability of breaking $80k to $85k first as the higher the price, the more money it needs to climb up to there. According to the latest stats at Infinite Market Cap, Gold is above 5 times the market cap of btc, while investors are moving towards crypto through various channels, btc may see $100k soon.

That's why Many People Want to Invest in Bitcoin, but not everyone can do it, Considering The Price for One Bitcoin is Quite Expensive, but if you look at the Current Development of Bitcoin in the Market, then the Opportunity to Reach the Price of 100,000 US Dollars Is A Little Difficult for this year, it could be The Selling Price Will Be Achieved in The Following Years, But in Cryptocurrency Everything Can Happen Beyond The Predictions of Most People.

Establishing a good barrier is better instead of trying to jump high and quickly dumped down, investors trust will be test once again, correction is always present and if bitcoin will manage to keep from the range that you are saying, expect that there are more investors who will start placing their money to this market, a good market run that will keep the value to stay close from the last time high will build trust to newcomers.

Yeah. The Bitcoin market is full of possibilities but we also need to be realistic when we make predictions of the market price because there are that's not possible and I have said it times without number that Bitcoin reaching $100K price range in this year halving market is not possible. Why?

The major player currently uses the retailer investors as their prey and when they feel satisfied one of the Humpback or Whales holders will dump his holding backing it up with fud news and others will follow.

I absolutely agree that there is a good chance we could hit 100k by end of December, that's true. However remember that this is bitcoin we are talking about. We could be 100k by December, or we could be 30k as well. Nothing is guaranteed in this line of work and market is always skeptical about all the moves. We should not be looking to just earn more and more and more all the time, we should also focus on not losing more as well.

There are so many people who ended up making a huge profit over course of years along with big losses as well, maybe overall in profit but they still made a big loss here and there. If we could focus on making less loss, then maybe making less profit by taking little risk would be fine. Wanting 100k that quickly is risky, we should want to stay above 60k instead, that is more reasonable and I would say more realistic at the same time.

We have seen a lot of times that bitcoin moved a lot within short range of time. But there's also fact in what you've said that it might not break $100k by the end of this year.
It doesn't matter whether it will or not, as long as I wish to see that it goes stable from $50k-$60k and it will no longer drop at that price because that price range is good as stable and comfort. Well, this is bitcoin that's highly volatile at most times.

I think your friends might be right  

I get that a lot of people don't want to be buying >$50K Bitcoin price, if the target is "only" $100K, as it seems like a lot of risk to 2x, even if it'd save losing half the value of your fiat money. On the other side, those who have been hodling BTC for a while now, don't want to sell at $50K when they are anticipating triple figures, not just $100K either. The current price as well as structure reminds me of first getting into the market at $5K. It seemed like very high risk (which to some degree it was), but ultimately it was doing so because the price of Bitcoin was very strong, so the most likely path was to the upside.

At the same time, many thought the parabolic move up to $10K was the top (myself included), but then days later it finally reached $20K and did a 4x instead of the 2x most were eyeing up. In the same way, there's a strong chance Bitcoin exceeds $100K with a similar blow off top to anywhere between $150K-300K arguably. Whether this happens or not isn't the relevant point either, it's the idea that it "could" happen, so it's worth taking the risk just in case it does. At worst, the general price target based on conservative logarithimic growth is $150K, so it's no wonder many think $100K is more or less a given (even if it's not).

I first got into Bitcoin based on the idea that by 2022 price could be 6 figures, it's why a lot of others did as well. Hence not going anywhere for now.

There is a chance that Bitcoin will reach 70k. However, 58k is the floor, and by the end of the month it should be 60k. That vector candle looks bad. That went down to 57k. That will probably be the first one to recover. There has to be a correction after such an enormous pump. The previous ATH would be challenging to break for Bitcoin, but I am optimistic about the possibility of a boom at any time. We can trust that BTC will take us on a ride when the time comes. Buying now and it dips slightly will only result in it going up again and again to ATH. Thus, I suggest that HODL it.

I drew in a daily bar downtrend in play since 20th Oct and Im looking at that to resolve itself first.



I reckon we go to somewhere like the 50k area first but that doesnt have to happen.  If we break this downtrend then I presume we once again challenge the prices near to ATH.   In the spring time on the initial rises for BTC this year we saw that 50 day average was often the incentive for lowest prices to return upwards again, in blue thats near to 50k.   We had good news and departed from anywhere near to 50 day MA but it can return and repeat itself I think.   
  If all of that takes place before end year perhaps we get much higher but first it must be resolved.

Bitcoin at its current price at $60,555 is too far from its price prediction of $100k by december. With two more months left, i think bitcoin will find it hard to break through from its previous ATH because bitcoin has only maintained its price from $60k-$63k and then goes down again. Though bitcoin is very volatile and unpredictable, but if it could make a big leap from its present price, it could only be $70k-$80k as for this year's prediction. Having $100k will only be visible by next year with or without price correction.