Bitcoin Forum

Anyone have views on this movement that seems to be gathering pace last few days?

The basic concept I believe is that if we all act in unity, and collectively pledge to Hodl, then with continued demand (and far lower liquidity due to everyone hodling) the price will move in a sustained upwards direction. The "game theory" being who breaks the pledge first as they "selfishly" trade. So you take the pledge and spread the word to others.

Personally I like the idea and "get it". I'm a hodler and will do my part. But the "traders" seem almost offended at such a proposal.

Personally, I think a lot of traders kid themselves about being able to profitably trade. The only guaranteed winner on trades is of course the exchange, which over time sucks money out of the crypto ecosystem, much like a rake on a poker table.

I would post the image that can be circulated if you take the hodl 100 pledge but no idea how to post pix here.  ???

https://ibb.co/LxZBfP7

I give up. Any tech savvy person know how to post the image? If so, please help a luddite!

Sort of "strategies" or "movements" such as this are often heavily unsustainable. Once, some of the people felt like 100k isn't happening, they'll simply grow impatient and sell; especially when talking about people who didn't hold bitcoin in the first place but are instead just planning on riding the pump.

You need a higher rank to be able to post photos.

https://i.ibb.co/k4SzFyC/Hodl-100.png

Lol got it thank you. Something to aspire to... 8)

Well, you're not in the wrong predicting at that price point, pretty sure that there's a possibility that bitcoin is going to be going up, especially when December comes, that's the most notorious year when prices go up in value. Probably hodling right now is the best thing that anyone can do and it's going to be risky to buy right now.

It's quite predictable actually, but this work in long-term prediction, most of the time bitcoin or most cryptocurrency tend to increase its price in the last quarter of the year like you have said. And that's an obvious/good observation that it has over higher probability that price might go back to 60k or may reach another ATH this last quarter or so. Holders always have the last laugh.

What do you expect from speculators and traders? Maybe they are going to be offended, but who cares? I mean everyone wanted to see the price hits $100k, there could be movement around in social media. But as I holder, you shouldn't be affected specially if you have been in the game for so long.

Let the price hits 6 digits and see how it goes for everyone. For sure majority will be delighted to see this historic price.

Yes, everything has been seen from history and it's all like a deal. So if you're sure it will arrive, I don't think it's too late, but maybe it all takes some patience. If you look at the current price, it is in a period of correction after breaking the resistance at $55K. The next target I think is around $60k. Besides that I think you don't have to use all your funds, buy it gradually. Resisting is not an easy thing, you must have a strong mentality and be consistent with your target. IMO

You don't really need a movement for this to happen. The countries' conflict will make investors come to buy BTC and institutions  buying because they are betting for the Bitcoin ETF to be approved.

I have come accross the movement articles when personalities like Michael Saylot and some celebrities did have their laser eyes edited. Its like inviting investors only and its up to them to hold.

I don't foresee $100k for the next close to three months but we can reach a new ATH when the movement keeps the energy.


No traders don't have any challenge on the price because which ever way price swing to traders can make money both up and down movement in futures market. Hodlers are always wishing for bull because they want to dump the hodlings they have and a slight drop become their bad day but traders don't feel this way or have this kind of anxiety.

I mean they have their own motto(or something like that) and they have their own way of making money. so I am not surprised they got offended or disturbed with what you presented.

now that you got 1 merit, try and reach jr member. you'll need 30 activities for that, to gain activity you'll need 30 posts. the activity distribution that give 14 activity happens every two weeks, so you'll need approximately 1 month to reach jr member.

We all wish that we could hold together and pump bitcoin's price upwards but that doesn't happen in a open community.
People who want to take profits do exit and book their profits. Sometimes it's situations where some people have to sell their coins.
So it really becomes more of an individual decision rather than a group strategy to hold bitcoin.

You can't force the people to do something they wouldn't otherwise. It's neither economically healthy for the people to act how they wouldn't normally. So, what you propose is to hodl until it reaches $100k, but what's next? Is the goal accomplished? No! Once we reach that amount, we'll want to spend our coins which will drop the price.

That's why the price goes upwards and downwards. Because, usually, the people act how they would with no extra thoughts. The current price is what determines the market value of Bitcoin. Calling it undervalued is respected, but you'll have to play by the rules if you wanna enjoy the benefits of a free market. Any change after a manipulation or a propaganda leads to an indication of a temporary market value.

Also, isn't HODL-ing for patients? You can't be a hodler and impatient at the same time.

Market correction is inevitable, so far we have seen that whenever BTC goes up in value it takes correction after sometimes. Means Bitcoin don't go up in value only, it goes down equally and this point must be kept in mind. I am sure this will happen in current bull run also.
Secondly, we must not be greedy to sell our BTC at 100k rather sell as soon as you are getting adequate profit. I do agree that chances of 100k in this year are zero.

Many people talk about Bitcoin will pump to 100k and This type of post has gone viral in Bitcoin talk forum . Actually the way people talk about as a result the price of BTC really gain at $55,450 it's really new high pump in this week .
  

Why HODL until 100k, what are you going to do then, sell everything for useless, depreciating $ & celebrate that?
I’ve been buying & HODLING since 2014, I’ve barely sold anything. Now more than ever I’m starting to see how useless fiat currency is.

I will sell some in Q4 but nowhere near even 50% of my stash. I think it’d be moronic to go all in to fiat.

Sell enough to make your life better to retire if you’re lucky & have enough money to last 3-4 years until the next bull run but selling everything at $100,000 is stupid.

I think $100,000 is massively conservative, I mean why be so short sighted? It sounds
like the "movement" think that $100k is the ceiling, which it certainly isnt. It will just be
the start of another chapter in Bitcoins adoption, popularity and value.

I get it that some people have set a personal target to sell at $100k but creating a concerted
effort to mass seel at that price is like a public announced backways ponzi scheme.

Just read LFC_Bitcoin above and this makes sense too, just create your own target
and be happy with that, dont try and infleuence others.

Iam judging base on your question and it's possible that you did not read the important stuff. First, you should read the rules that are pinned correct me if am wrong from what I remember since I last read the rules when I was a newbie. Members or rather users who have the status of a "newbie" cant post photos. Still there are other ways you can.

oh!, here I found the link for you.
https://bitcointalk.org/index.php?topic=1689727.0 here is a link that would help you along the way and it would help you with some of your questions.
the title that you should read is "I cannot post images?" (which you can find while reading)


Remember to click the words that are linked to another topic.
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I presumed that your talking about bitcoin for me, the value for bitcoin is  I think it would be at 70k worth of dollars. if you talking about other cryptocurrencies it is good to hold and wait to hit 100k but specifically, it would apply in bitcoin.

Thank you for being positive but still like others responded bitcoin is unpredictable and the holders and traders are unpredictable as well they can manipulate the number. Iam talking specifically about who "they" are the big holder or rather investors. This is one of the reasons why others have said anything can happen when it comes to value.




From my point of view as I experienced Holding and trading the two can be a winner as long as you know what to do and you have an idea to get yourself through. You must study, learn, try, and do it in order to win it and know it. Still, trading and holding can still attain some weak points that you get to see as you get going when it comes to trading and holding.

I will distort a little bit what you meant and I will focus on what you said  ;)
Theoretically one may sell everything at a certain price and, with a ton of luck, buy that back after the correction or - preferably in this case - a crash. Of course, with quite some nice amount of fiat as extra.
Obviously it's a risky move, but if he's in luck and it's a crash, he can indeed make his life better and also buy back all his sold coins.
I don't know though how many HODLers have the balls to do that. I don't  :D

Lol, you can't get everyone to "HODL". Even if everyone does hold with you and the price goes up, you can anticipate a massive crash coming soon. People were holding till 100k. Once the price has reached that point, most of the people would be selling their bitcoin to take their profits. This will cause a massive dip. So instead of seeing such insane/massive dips, its better the way it is right now - some people holding, some people selling.

If it was so simple, Bitcoin would have costed $100,000 at its first year. The price fails to reach some arbitrary high levels quickly because a lot of people take profits. People who invested months ago can be satisfied with 30-50% profits and there's nothing wrong with that. People who hodled for a few years could be satisfied with 1000% profits. No one became poor by taking large profits.

The way BTC started reading tomorrow, it seemed that in a few days, Bitcoin would be within 100k dollar. But when everyone is talking verbally I think I think very soon Bitcoin will take a position at k 100k. A more special reason is that different countries are now legalizing Bitcoin. Bitcoin transactions have started in developed countries.I hope it will stay at 100k $ soon.

i can say, you have a very optimistic outlook here. 100k in few days??? i don't think so. just looking at reality here. yes, BTC surpassed the 50k level and it seems 60k is on the horizon. but 100k in few days? not being pessimistic but just being realistic. other countries are looking at BTC as legal tender but it will take time for them to finally decide on this matter and it is not within few days. 100k may not be impossible but we need to see the viability of this price so as not to make wrong decisions when it comes to our financial situation.

I also like the idea but even before this allegiance has been made, I've already decided to hold until $100k+ happens. I'll sell some by that time but it's not the end game. There will be people who will have the idea of holding until $100k and then they'll have their entire exit.

There's so much more to come for bitcoin if you've been holding it for long. And for the traders, you cannot blame them and they cannot blame holders for having our own thoughts of how we see the effectiveness of each strategies.

If everyone should keep holding how then will crypto currency exchange will make their own money since they out to make profit the way you want to make profit from holding on the exchange. $100k may not happen soon the way people want it to happen within this year but base on what people are saying we may likely see Bitcoin market price reaching $100k in time to come and I don't think no one when it will happen.

Well I took the Hodl 100 pledge a few days back, but its easy for me as I am primarily a hodler anyway.

But even for "traders" I think they largely kid themselves. I have challenged many to benchmark their performance against a pure Hodl. Most give up reporting results and keep deluding themselves.  :D

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We all wish that we could hold together and pump bitcoin's price upwards but that doesn't happen in a open community.
People who want to take profits do exit and book their profits. Sometimes it's situations where some people have to sell their coins.
So it really becomes more of an individual decision rather than a group strategy to hold bitcoin.
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Fully agree, Its really an interesting example of group game theory at play. Lots of lab examples have done these types of trials to see if humans can collectively act for the greater good (win/win for all) as opposed to "selfishly" where some benefit more than others even though at the lesser total benefit to the entire group collectively.

To some extent is the same selfishness that drives the creation of dilutive "alts" aka shit coins...

Seriously being bothered not having chance to post that image in which nothing different from those posts we are seeing here
that bullish for Bitcoin? lol sounds very serious  ;D

and it is impossible if everyone holds then the value will not grow totally , the evaluation of the price happens because of circulation
that shows how strong and valuable the market is.

without those then expect this market as manipulative totally .

At least this kind of movement can be helping Bitcoin at the moment. The idea of HODLing is nothing new and it has been here since I can remember...I think it has the same weight as "Buy The Dip" or something like that. This movement is actually just a suggestion as there is no formal organization behind it that you must be a member of. And it all depends on how the market will be reacting. Anyway, we know that with Bitcoin there are many HODLers and they are still holding on up to now all because we are anticipating that soon it will be making a good jump or a steady climb towards the main goal which is $100K at least before 2021 ends or if not then in 2022.

Yes, the exchange is the winner to take the money but many traders who can use the moment to trade will also make money from the crypto.
You can still hold your bitcoin to $100k and then sell it at once and not return to the crypto if the big bear run is not coming and that will not be a problem.
But to go $100k still need time and we do not know when that will happen so we can only hope and enjoy the process of bitcoin movements.
Hopefully, that will change in the rest of this year, so we will make a big profit before the end of the year.

Re "and it is impossible if everyone holds then the value will not grow totally , the evaluation of the price happens because of circulation
that shows how strong and valuable the market is."

False logic here.

First, and in case case, even with no actual Sat's trading, there is a futures a derivatives market that would reflect an untraded market price.

Second, in practice, there would always be some "leakage" of trading that would still take place by non-committed hodlers. One can have price movement based on very low vol. So, if BTC supply (via sellers) is restricted for a period of time, and demand remains constant, price WILL increase. (This is the entire concept of the so called "halvening driven cycle".

HODL100 to the max! :)

Why $100k though? And while we're at it what's the plan after $100k?

You see the whole idea is flawed. Bitcoin is not meant to only be held until it reaches an arbitrary number then dump it all to become rich. Bitcoin is a currency that will only grow and reach that arbitrary number if it is used as a currency. In which case our minimum target is $1 million not the pathetically low $100k ;)
It is true that in short term the greedy profit takers move the market (which is why we see bubbles like 2017) but the long term sustainable growth is for when the main bitcoin utility (a medium of exchange which makes it a store of value also) derives the price.

Here is another "campaign" to run. How about "accumulate until mass adoption"?

I think the aim is to simply get to "break through" 100K barrier, setting a new high, and a new eventual baseline. I would suspect as we approach 100 there would be a bit of vol between 93K-102K, possibly even a sharper blow-off sell off, before eventfully blasting decisively through...

So, one step at a time. Yes, 100 is simply another milestone on the journey to 1m. But breaking a big journey into achievable chunks is a well-known method of making a large endeavour seem achievable.

Eventually it's more than possible. But if you're holding Bitcoin you shouldn't be too concerned with movements like this. If you're in, you're in. Movement or not Bitcoin will do its own thing.

This idea has been proposed many times on the forum and it's impossible to be implemented in reality.
Even if it was theoretically possible to force all Bitcoins users to HODL their Bitcoins,nobody would be able to buy BTC,due to all the sellers HODLing,hence the demand for BTC would collapse,leading to a price collapse.
Buyers can't exist without sellers and sellers can't exist without buyers.This is how every market works.
I don't expect the Bitcoin price to hit 100K USD anytime soon.The current bull run will lead to a price crash,that might happen sooner than we think.

If we just know that Bitcoin will reach $100k next month, that certainly encourages people to hold but unfortunately, we don't know yet.

You can't urge people to hold unless if you control them all. It was just a proposal but never think that all crypto holders will do what you say.
If you can manage to hold it, then just hold it. Maybe I can do such favor but I'd never promise that it will work according to the plan as we don't know the situation, might I/these people need some money and push them to sell their Bitcoin for no choice.

100k is very possible. The awareness is now amazing. The mass adoption of the use cases and cryptocurrency is itself is wonderful. The sky is the limit of Bitcoin and altcoins.

There's a lot of investors expecting bitcoin to reach 100k by the end of year, well it's not a bad views but you know OP there's are some traders who hold for long run as well and they can get more information in the market unlike most investors that they used to buy and hold wherein without any information about the real potential of the growth. That's why i believe traders will become profitable if bitcoin reach that prices or the first that can dump when bitcoin fails to achieve that value..

HODLing until reaching $100k is one of the reasonable acts I think. There has been another great run in the market now. Bitcoin price seems like capable of reaching a new ATH level even in October. $100k target is not just a dream for this year but it is not easy to achieve also. But sooner or later especially with a bull run, I think that it will come true.

everyone has different plans and strategies and the goal of targeting 100k doesn't mean they throw away all their holdings when they hit the target, if all owners do such thing then bitcoin price will collapse or drop drastically.
there may be some holders who plan to sell some of their profits to enjoy after reaching the 100k target, and some are still holding on to it, and some are selling all of their possessions.

and the increase in the price of bitcoin to 100 thousand will definitely happen and but don't know for sure when it will happen, and 100 thousand is not the end of everything, it's just that the next achievement target does not mean you have to make a whole sale.

 For what happen recently it show its capability that it will reach to that figures but we don't know yet on when this time to happen so make sure that if we want to buy right now then do it so that we can will not buy when price is already at top. But if things goes worse and the expectation didn't show up then best to have another money to spend as back up and do buy back when everything fall in bad shape on this year.

a pretty effective strategy if we can get other people to promise not to sell, and hold their bitcoins until the $100k arrives. Unfortunately, everyone's condition is always different. there will be times when people will be forced to sell the assets they own, and that is an economic problem.
however, I believe that the price of $100k can be reached in the near future. that is due to the widespread development of bitcoin. however, in this matter of holding back, you can start through yourself first. however, a day trader would also not do that because it would be against their principles. however, I believe, if everyone did that, even the price of bitcoin could be higher than $100k.

That's subjective, some people out there will find it ridiculous especially when the prices starts going up again and we see another all time high albeit not 100k. You're optimistic but the problem is that you're ignoring the uncertainty of the future, what if along the way, the prices starts going down or there's a news that heavily influenced the market in a negative way.

Well if they are really dedicated to what they are proposing, let them do it. Though I doubt that they'll gain a lot of followers for the movement, as there will be a huge number of people certainly not prepared mentally to hold until that price, especially if they also need some quick cash for something. While it is a good idea to hold until a certain price point, you simply cannot ask other people to do it whole-heartedly.

While hodling is an acceptable way of keeping your coins, I'm still hoping that sooner or later, we will be actually using bitcoins directly to purchase something.

Sell now, buy more when it dips and then sell at another high point. If you see BTC as an investment / way to make money then that is what you should be doing.

If you see it as something else, like a gateway to economic freedom for people or a way for people not to worry about central banks or other things then you should be holding some and spending some to keep BTC in motion.

If you see BTC as something else then you should be doing whatever makes that happen.

But picking an arbitrary number to hold to is a personal goal and that number will probably not work for most people.

-Dave

Why not have the hodl for life pledge?  I don't really understand why so many people are waiting for bitcoin to hit 100k, but then what? Do you plan on completely cashing out once bitcoin hits 100k?  Personally I plan to continue to accumulate bitcoin and sell here and there as needed, or use it as payment here and there as needed, but I have no plans to ever sell the stack.

I don't see the point in buying fiat with Bitcoin.

Paying for something, sure, but just converting Bitcoin to fiat to keep the fiat?, makes no sense to me.

Hold is not a game changer to $100k by nature, I doubt larger technical moves like Taproot or peripherals like ETFs, Fed reports on how bitcoin and crypto could fall  The risk depends on the USD.  A lot more comes from building plans for market makers.  HOLD is just a momentum that comes from belief in the weight of bitcoin in this historical cycle.  Anything can move along the tunnel to reach 100k $

The way bitcoin reflects is representing the right direction of cryptocurrency for future demand.

$100k seems a very realistic prospect for the end of 2022, and I'm sure many people are interested in hodling till this symbolic target price. That being said, I don't like the idea of uniting and hodling till $100k because then comes the natural question: what next? And if the goal is to hodl till $100k, they'll most likely sell everything once the price gets there, and this will be very damaging for the price as well as for Bitcoin's reputation among investors. Everyone should have a target price or at least a target purchasing power because otherwise Bitcoin's just numbers on the screen. But if many people set the same target price, it'll have negative consequences for those who are left.

Another thread full of people who don't realise BTC is the new money. HODL for 100k? More like HODL for LIFE! Anyone who does not understand this does not understand bitcoins true potential or that the future is bitcoin. Fiat is dying. Why why why would you trade your money for monopoly money?

That just does not make any sense to me.... ::)

Well, a man's got to eat and no matter how much you love bitcoin if you can't use it for daily transaction, it's going to be useless. Now if it was that way, then probably there's a chance that it's stupid to convert back to fiat but no, we aren't there yet so you don't get to say how people do things.

Lol i'm agree, people keep holding fiat money that can be produced anytime and private just for the world leaders. If anyone is open minded about blockchain and bitcoin, they have to no longer collecting fiat as their savings but invest on bitcoin which so transparent and could be traded anytime worldwide.
So no matter the price is, keep holding it and it will become so much valueable when all people starts to realize it

Could actually happen in 2 or 3 years, unfortunately, it is also true that forming a group would likely cause the price to plummet, and no ones like that, also, if everyone will hodl, the chances of Bitcoin's value reaching 100k will take longer, so it is also true that everyone of us must have a target price of selling our bitcoins.

Also, hodling is such an idle thing to do, most hodlers will get bored and wait for the green light to sell their hodlings, not unless if you do have passive or reserved BTC intended for hodling once BTC reaches a new ATH or even $100k.

more people do not believe in bitcoin's future potential as a very valuable currency. trust is still largely in fiat. it is used every day and in reaching everything easily.
bitcoin as an investment asset has not yet achieved this. but our belief in the future by replacing fiat values I think will come true.
we have seen how bitcoin is growing fast and getting clear regulations from several countries. this is the start of a great opportunity of developing bitcoin's true potential.

I use Bitcoin now to pay for my data service, since my data vendor now accepts crypto-currency, I also do some of my school research work paying the cyber cafe attendant in crypto-currency, and to me it has been exciting, this is what interests me about crypto-currency and to to hodl when I probably need to get somethings done, regardless I don't think everyone will be in on it, still many are already hodl till $1million.

Yes, given how Bitcoin performed in December time in the previous years there is a good chance that a large proportion of people will just HODL. However, just because we think it is better to HODL, to form that unity to push up the price doesn't mean it will happen.

The market is volatile and there are numerous people with BTC that in the end will do what's necessary gains for them.

There just isn't no point in hoping for something which clearly can't be controlled for.

This is how thing should be going in the perfect world, but you need as little as one person to crash this type of alliances. There will always be that someone, who is too greedy and anxious and will dump as soon as he get the slightest chance.
Also, exchanges will never let people only hold their assets in cold wallets, they need money from transactions, thats why there are always some promotions going on, which to be honest, only help wealthy people.

im not sure if your against the op or not .

btc is the new money so people should spend it rather than hodling it . btc is now over 55k and still growing , 100k is not far so we arent hodling for life  . some believes that btc has a potential in the future so they hodl thier bitcoins and not by spending it .


you mean why trade crypto to fiat ? we dont need to trade our crypto to be able to spend it but we can spend it directly .

Definitely not everyone would hold for long. Different things would come up that would warrant many to sell off. For me I am not much in a hurry to meet the $100k speculation but if it comes sooner better. Holders are patient investors who don't get bothered by bear moves because they are certain of a correction with maximum profit

Fiat is one of the currencies that is still in interest because of their daily transactions but for those who don't know always ignore bitcoin as a valuable asset in the future and of course we will be very strong with the HODL movement to the next 100k, won't this definitely happen? after a significantly improved development?
We are aware of this because the Fiat that we use so often will not disappear instead it is just a stable currency and bitcoin a more valuable asset than others.
That's all I believe that bitcoin is a place to store assets in the future.

When it comes to the price, the huge investors make the most in these situations, who cares about anyone who are booking their profits early. The real game is make the maximum profit in a short period of time and the institutional investors are aware of it and so is the reason they grabbed the opportunity and investing heavily and if it reaches they desired target while investing expect them to book their profit.

I am also optimistic that we will see the value reaching new all time high but it is hard to predict what these institutional investors are planning and when they are planning to book their profit because they have billions invested in the market.

We holders are very patient. If you happen to hold that bitcoin of yours since 2018 or earlier then you're truly patient. And it's a fact that not everyone can hold for a long time because we can face some circumstances that will change our holding behavior.
We might sell eventually if it's very needed even bitcoin hasn't crossed the $100k mark yet. Different situation and problems we may face but if you're a firm holder and have an accurate plan, you'll definitely hold until $100k and what's next after that? $500k-$1M?

hope everyone who owns bitcoin would want to be able to see bitcoin able to reach the price of $ 100k and this will be a new history for bitcoin will affect the price of altcoins.

Those who don't want bitcoin to $100k are those who don't buy bitcoins when bitcoin prices are still cheap.

Bitcoin's journey is certainly still long and the prediction of $100k has been widely discussed by several professional traders.

Holder is the winner and if you want to be rich hold on until the target is reached.

it will certainly be very good when it is realized well :)
but in reality the expectations that we expect sometimes do not match the reality that occurs and in the end we will lose and always want to sell the assets we have when the price has exceeded the initial price (even if only a little bit).
I guess everyone has the same taste for it :)
but when it does happen and is strong enough to hold $100k over a period of time I think it would be great for that person and very worthy of being called true hodlers.
even though there are things like that, the comparison is very small because most are always itching to sell their assets when they get a little profit

It is what I have already planned to do from quite some time now,HODL until 100K is achieved and then sell everything but at one condition.The condition I have put to myself is that 50% of all the money I get from selling my coins at 100K will go to build mining rigs with GPU-s which I like more than ASICS but why not try 1 or 2 ASICS as well.This way I will be ready for the next bull run which may happen if history repeats itself every 4 years.

If that is the case in your opinion then what makes the value of Bitcoin to grow from what in the year 2013 till it current value now. If you said is adoption then adoption will not just happened but it can only happens when the new players buy on the exchange, so holding or not Bitcoin market price will continue to grow the forces of demand and supply.

If that is the case in your opinion then what makes the value of Bitcoin to grow from what in the year 2013 till it current value now. If you said is adoption then adoption will not just happened but it can only happens when the new players buy on the exchange, so holding or not Bitcoin market price will continue to grow the forces of demand and supply.
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Price is a function of supply and demand. BTC grew from 2013 as there was more demand for the asset than that supplied. So, when demand remains constant and supply is constrained by hodlers, the price moves up. (And the opposite when supply increases via desperate sellers, such as what we see during times of market corrections).

So, if, going forwards, there are less sellers, but the demand from buyers increases, price will increase. Hence the HODL to 100K movement.

Yesterday the price has reached $56k, unfortunately today the price is corrected by 2% to $54, but I believe that the price of $100k can be achieved this year, october is the first test of new ATH so the hope to reach $100k does not take long to waiting.

I'm not ignoring the uncertainty of course. If I did, then I wouldn't make any investment into Bitcoin blindly.  ;D  That would cause me to lose a lot of money easily probably. I'm just hoping to see $100k in this year or early in 2022. This rally may not continue until the end of the year. But if we see a new bull run in this year, then it will help this target be achieved much easier.

hodl up to 100K actually it's not an exaggeration but is it only to 100K? assets like bitcoin will be more useful in the future ,we all know how much the price of bitcoin came from and until now the price growth is getting higher ,later I think it is natural that the price will continue to grow in the future ,dont have a target if you are willing in hodl long term

it's true like that because not everyone can survive with the strength to hold their assets, one of which is me who always wants to sell my assets when the price goes up even if only a little :)
not without reason, this is the nature of human greed that will indeed be very difficult to change. The desire to always get a lot of money and always in a hurry is one of the problems here.
and it's true there is a saying that says "the really strong will survive" maybe that sentence is true :)

Basically this matter depend on what people needs since not everyone can able to hold there assets bought since majority of traders are just flipping up their capital so that they can make it grow. Maybe there are other people greedy but we can't generalize this since we have different capital placed and not everyone can afford to risk their money for bad positions that might possibly came.

I surely do not have any magic skills to know bout the future or predict the price especially since we are talking bout the price of bitcoin and this price can have very high atr. But since the price already did a correction and the bears are so weak right now and there are more buyers on the market and people you buy bitcoin for long term and the current price, I guess very soon we will see a new ath maybe even before the end of the month but not sure about the 100K. However, you have the willpower for holding bitcoins for the long term you can even aim for higher targets.
 

Also keep in mind $100k is based on USD.
Although we like to talk about value in USD and many of us here use it, it's not the be all and end all of trading.

If I was in Canada and basing stuff off of CAD then I may want to get out at $75000 CAD, and everyone is trying to figure out why the selloff at $60,000 USD when it's just a bunch of Canadians taking profits at that point in their dollars. Possibly another drop at $68000 USD when a bunch of people in GB want to get out at 50000 GBP.

What we see here and talk about here mostly is USD but its not what everyone is figuring their profit and loss in.

-Dave

The next ATH could be 63K according to the Plan B model on Twitter.
It is an analysis that I have followed for a long time given its precision by this man.

https://twitter.com/100trillionUSD/status/1446819492781244417?t=FXKHXrNBPd1a1GdvbGSvAQ&s=19 (https://twitter.com/100trillionUSD/status/1446819492781244417?t=FXKHXrNBPd1a1GdvbGSvAQ&s=19)

I feel your great enthusiasm OP and I can tell you that my main reason for investing in bitcoin is to wait for this great moment that the price of bitcoin crosses 100K.

I felt like this movement is most likely prone to manipulation and if whales do know this they will eventually dump their coins. And most people doesn't like holding too much if they saw an opportunity to make profit they will start to sell plus if some people needed the money they won't hesitate to sell and convert it to fiat.

I have a doubt about this in the first place because I think the price won't hold that much longer until the correction will hit. Besides, after gaining $60k Bitcoin just dropped back to $54k and maintain its stability there. I think $100k won't just going to happen within this year yet but that might going to happen in another 4 years.

guess what ..

i cant even HODLING tiny money on zcash when it was at $103 moved up to $113 , sell them all and regretting the whole day.
this bitcoin thing always haunted me, there is a time when i held more than 10 bitcoin which it supposed to be $500k now,  yeah i knew it everyone will have similar stories like this and that is how crypto play with your psychology, you could jump bounced in super moody happy way to see your investment unexpectedly get quadrupled or even more crazier going 100x but there will always a tough time for everyone to suffering deeply as your whole money wiped out unexpectedly.

welcome to the jungle, its unexpected market, nobody can deny this.

You are absolutely right! It would be a massive movement to see BTC reach 100k by December. Not saying it is not possible, but as you said, even if Bitcoins shoots up to 100k the chances of having a Big Dip right after are enormous. I'm selling at 99k as I guess there will be a Blood bath as the likes we have never seen when Holders start dumping hard.

Only those who have the courage and determination can attain that price level when it happens, this won't happen overnight, there will alot of patience involve, I don't doubt btc will reach that price level but how many of us can hold to that time! It is not going to be easy but if one is determined it can be possible.

Patience is much required in the cryptocurrency market. Once could profit in no time as well as could loss big. This is all depending on the market movements. Even with stocks and other forms of investments one needs patience to experience the profit out of it. There are people who have made a big profit overnight investing on cryptocurrency. This won't happen with everyone. In my understanding it is good to think it as long term investment and the profit is assured. It can also be said as patience pays.

People will do what they think is beneficial for them to make more money, they won’t take advice. Considering the volatility of the crypto market, traders are always skimming some profits while hodlers keep wishing and waiting for things to turn out in their favour.

You can’t get everyone that hodl’s bitcoin to act in unity with you because not everyone that hodl bitcoin is in this forum and not everyone in this forum is going to see this post, and even those that saw it, not all of them are going to be ready to do that with you. So, I’d advise you to just do your thing if you believe that the value of Bitcoin is going to increase anytime in future.

This is not something that you will have to wait for everybody to do before you start doing it, it is something that you alone can do for yourself. I have been investing in Bitcoin and holding it for long without even needing anyone validation on whether I should hold for long or not, it doesn’t matter at all what matters is what I decide to do for myself. Even till now I still hold Bitcoin and I’m holding it for a long time.

Don't follow your emotion and you'll succeed holding until the price of bitcoin reach that level.

The problem with some of us is we don't follow the game plan, we have a good game plan to hold and believe it will happen as bitcoin's adoption is increasing but once we see the price is pumping, we are easily convinced to sell as we are afraid bitcoin might dump because of correction.

if we have that kind of mentality, then for sure we will not survive holding in the long run, we will not maximize our profit and we will lose our investment if the opposite of pump will happen. Unable to control our emotions is a big weakness when it comes to investing, we should work on that first.

If everyone acted in unity, there would be no market except for newbies coming in to spend cash.

People always hope everyone hodls but that's the pyramid scheme game that very few Bitcoiners will ever go for. Those who do are hodling so much they're waiting for a big price to sell, and that's when they'll pretend they'll still hodling but in reality, they're just waiting for max profit.

I still prefer everyone to try and become active users because passive hodling is not long-term helpful for the network.

Bitcoin is heading towards the bull run similar to that of 2017. If you are old in crypto, you will know how bitcoin moved from Oct - Dec, 2017. I think same is going to happen and we are seeing bitcoin movement in similar direction. Bitcoin dominance is increasing and if this counties, the alts will bleed more.

Hopefully, that will happen to bitcoin this year because the pattern seems different than in previous years so that makes us have many speculations about bitcoin moving. If that movement is finally similar to what happened to bitcoin in 2017, we could see the next ATH that will reach this year. Bitcoin dominance will give a chance to lift the price but yes, the altcoins can get down for a while before the altcoins get another ATH.

all people are very optimistic about bitcoin, some people are already certain that the price will reach $100,000 and that seems realistic to me.

Bitcoin's $100K price target returns as BTC price breaks out of bull pennant (https://cointelegraph.com/news/bitcoin-s-100k-price-target-returns-as-btc-price-breaks-out-of-bull-pennant)

we are close to knowing if they will approve an ETF and the price is already at $57000, and it is almost absolutely certain that by the end of the year the price will be above $64000 and who knows close to $70,000, I no longer see the price drop below  $50,000 this month

It's true daily traders love to jump in and out with any slight gain with them. But i think with cooperation and a strong and consistent push forward, these guys will stick around because nobody will want to be left out when it comes to making huge profit.
I really think BTC will reach a new ATH before the end of the year

this is why many people say that when investing here it is better to use money that is not used for a long period of time because that is what is happening now.
many people use their money for their daily needs in real life and all of them are used for investment here in the hope that in a short time they can make a profit.
it would be great when it happened, what if it was the other way around.
they should be aware that their needs are primary things, it's not wrong to do things like I said when investing with money used for daily needs, it's not wrong to do that because it comes back to each individual but that doesn't mean anything that can be justified

keeping in mind that not all people who had come in here are meant to become long-term holders, many got loosen their hands and then sell their Bitcoin for some reason. I know you have a good market vision but very unfortunate that you can't dictate the plan of the others. We must talk about the reality here, I know $100k is not far from happening, yeah, it will come soon but never know when and it was too hard to please people to believe that.

Does holding really make sense? if that you think, this will only destroy the volatility of the market which makes the market more attractive and interesting. And this will certainly not be going to happen.

At this moment bitcoin price almost breaks the record of an all-time high. We are in $57 but I saw the price going down slightly.
The price of $100k is not impossible, time will come it will break the new all-time high and it is pretty obvious holding bitcoin is worth it than spending it with anyone who did not know.

We are almost there and I saw the progress just keep your coin hold and never sell it.

What you're thinking right now is impossible; nonetheless, we can do it; but, keep in mind that there will be some who will be tempted to cash out before everyone else. People who want to profit from bitcoin will undoubtedly sell their assets because it is the most sensible thing to do. And, most of the time, people are in need of cash, so they will sell the coins rather than keep them. There's nothing we can do about it; it's already a cycle in many markets, and people have different characteristics, so it's really impossible to hold till we accomplish the peak.

Almost? Do you think we are almost reaching $100k?
The current price is around $57 and it is still far from $100k. We also don't know what's happening in the next few weeks/months, there is no guarantee that the price of Bitcoin always increases. How if the Bitcoin price is starting to drop constantly next month? It is also possible, not only increasing that may happen in the near future. Keep holding and never selling it, depends on what the target that the holder wants. So, before you suggest him to "never sell", you are better to know what's the target on his Bitcoin.

Well, you are right And we don't know what will happen to the price. Since it is predictable no one knows exactly the price in the future. Though I believe that bitcoin will still reach $100k but I think not now. Perhaps in the next halving of bitcoin, there is a massive increase in the price but also we still don't know when it will happen, there is no right time frame. Crypto holders anticipated about the $100k price in the market which I think it is impossible to achieve this year, it could be reach another year but not now.

@OP even if we don't hodl, institutions are holding and BTC supply on exchanges is drying up very quickly which will give an extreme supply shock and another moonshot may be witnessed. Believe me, BTC is not going anywhere but up because I briefly studied the charts and they are clearly telling that BTC's trend has been set and waiting for some more accumulation and maybe a possible final correction before those big candles can be painted.

What I don't understand is what's so magical about $100k. Sure, it's a nice round number, and there will be a lot of orders at that number. But why stop there?

Bitcoin is better than any fiat currency, and if it crosses the $100k price, then it just confirms that even more.

That means that your Bitcoins have a better purchasing power over time.

The same principles that will make Bitcoin pass the $100k price will continue to apply, so why would you sell it for fiat?

this year is a long way to reach $100k. the current bitcoin trend alone has made altcoins go down very fast. if bitcoin continues to make a strong dominance, then the altcoin market could crash.
I saw some analysis that said bitcoin would hit $60k-$65k for the year. The bitcoin market trend is very good. but altcoins can't keep up.

But what's wrong with finding it magical? When it wasn't $100, that was the dream for early adopters (or even $1). And $10,000 when I saw it, in the crypto chat I was in, everyone was celebrating. It's okay, so what, celebrating it doesn't mean stopping there. I know we all dream of 1 million dollars, but we want it to grow even more ;)

I freely admit it if I had 1 BTC and it was $1 million. I sell. For sure. Buy my land, house, everything I need for the future until I die. And keep BTC only enough as savings.

No doubt that strategy “to hodl BTC” is one of the simplest strategies that in any case guaranties profit. So, you decided to hodl your BTC up till 100K and then what? Withdraw everything? But haven’t you thought that after 100K ATH Bitcoin (in some period of time) will make another one ATH (for instance, 150K, or 200K, or 500K)? And you’ve already withdraw everything and spent on your needs. By the way it’s really very hard just to hodl and wait for many years till some happy moment. A lot of investors-hodlers once start trading on BTC fluctuations to double their amount of crypto coins.

Maybe you're right but could you think that you can assure everything will go like that and still be able to hold? I don't think so and it was because of the volatility of the market makes people can't hold. And I'm sure that nobody had bought Bitcoin 10 years ago and hold it until now, that might prove to me that I was wrong.

Because the reality is that people will take every opportunity to make a profit and make a sell when they saw it. Like if the price of Bitcoin will reach $100k they sell their Bitcoin and then reinvest it again. Nothing has been said to hold straight due to the fact that the market is moving up and down which buy low and sell high applies.

Predicting or hoping for the price of $100k is no problem, just makes it for our own target. But don't suggest someone hold or never sell because of our prediction!! Yep, there is no exact time when Bitcoin to reach $100k. Even we don't know if it can be achieved or not. Well, I am trying to make us be safe, don't do something that people can blame us. Always remember that holding Bitcoin is a high risk and no guarantee that the Bitcoin price always rises. Be wise!!   

We do have our own predictions which its normal that have those presumptions to those people who had predicted about 50-60k wasnt really that realistic on where most people been claiming but hey look at where we now?
As an investor then its our decision on what are the things we do believe on and not to listen on others but somehow it should be somewhat realistic because there are guesses and presumptions or prediction of price
which goes up to 1M per coin which is way too very optimistic and unrealistic.Everyone could be a HODLER but it wont really be easy as it sounds considering that there would be lots of factors affecting your goal.

$100k level is actually not impossible to achieve, but it may take some time to finally see this price. We need more good news from the market and tangible use cases. We should not rely for possible pump owed to some whales or manipulation because it is not a sustainable approach. Better do your own thing and if you truly believe on this market, you will always find a way how to accumulate more. But you can't dictate others to follow your action because we have our own priorities. Just take care of your portfolio because no one else will.

After getting new ATH last April I'm optimistic there will be new ATH again this year, moreover the transaction volume in October continues to increase because many companies have announced developing bitcoin so that more and more active users, this will have an impact on prices that continue to increase so that the price is $100 We can achieve this this year, maybe before December.

Why you are so confident? Although Bitcoin price looks good with a higher transaction volume every day, doesn't mean to continue till the next months. Are you not worried about sudden bad news in Bitcoin? Be careful on the sudden bad news, it can influence the Bitcoin price immediately. In my opinion, $100k is very speculative, maybe not achieved this year. Don't forget that December is only two months left, it is a rather short time for Bitcoin to reach $100k.

the prediction that early Q4, bitcoin will start moving away from the crucial figure at $55K does seem to be true. as you said that the market capitalization is also very high and indicates that bitcoin will indeed lead to continue to increase.

if you look at the https://www.bybt.com site, it can be seen that there was the last ATH in 2013 and 2017, where one was in November and the other was in December. so the possibility could be earlier in november or delayed in december there will be another renewable ATH. we just have to wait for this wait because of course it won't be long.

if the value of the price will probably be $100K, or maybe more. we will see at the end of october where the bitcoin price has been reached. after that the possibility will can be concluded.

What about this? Unity to HODL? then what will be the value of Bitcoin if w will not circulate this?

at least you Knew that Bitcoin must be circulated to asses the value.


Lol who will demand if you let no to circulate? people will convert to Altcoin and then what will be the value of Bitcoin if users changed from this to altcoins>

I alsp Hold but i also Use this for paying some transctions, this helps currency to have value.

Even if we are able to get thousands of people to hold their bitcoin until it reached the 100k we will still not be able to do it preemptively, not that bitcoin is not able to reach that point by normal standards but because the bitcoin network is far more bigger and decentralized than we can control, thousands of trades are going on in the market with billions of dollars going in and out, it has become a mutli billions dollar market that is far from being controlled by a movement, and that is a good thing.

This process can no longer be stopped, and here even the point is not to force someone to hold their bitcoins. Bitcoin is already rotating at the state level, and this is probably the highest level in which the price of 100k is only a matter of time. Personally, I would consider holding to the 200-300k price, because the 100k target can be reached very quickly.

I think some are missing the point of the HODL@100 movement.

Yes, obviously BTC will eventually reach 100, and well beyond, over time.

However, its in the interests of all who have current allocations to BTC to get to 100 sooner, rather than later (expect of course if we are planning to stack sats over time on the way up).

No one is saying we immediately sell @ 100, And indeed for many of those "taking gains", there will be a whole bunch of new investors who move in around all the "Price 100K" media publicity (and broadening investor base is always good).

The aim really is to get to 100K fast, and maintain this, not just as a new ATH, but an eventual base support level. Its a bit like the 4 minute mile. Seemed almost impossible, and suddenly once it gets accomplished it becomes the norm. I am sure as we approach 100 we will get a bit of volatility as some try to front run a perceived sell off prior to 100. So, we will probably see a but of jumpiness around 93-97 ish range, and a few 99.8 type "almost hit" spikes, before an eventual blast through to 103ish. The point is to get the ATH, and then to eventually accumulate around it.

Why 100? There is not necessarily a mathematical reason for this, at least in the short term, but its really a round number phenomenon that the human mind (and main stream media) can easily connect with.  Eventually we will need to convert over to price of Sats as opposed to BTC, but that's another issue.

As for those who don't understand how a collective hodl can help accomplish 100K faster, and those who ask "but if no trading is done how can the price go up", it never ceases to amaze me how many supposedly smart people still get confused on basic economic concepts. Again, if supply is reduced, and demand remains the same (or increases), price will rise. Very very simple. And indeed, one reason why the "amount on exchanges vs in cold storage" is a metric many look at in determining future price.

Despite what we like to think, the evidence confirms that most "traders" over time, will lose money. If you think you can reliably make money "trading", whether FX or crypto, you are almost certainly kidding yourself (perhaps 1-2% of all people are the exception).

So, I am a strong supporter of HODL@100. Simply HODL, and make it clear to all  - "I WILL NOT SELL UNTIL 100K". United we HODL and the more united we are, the faster we see 100K per coin.

not everyone can hold bitcoin with the suggested movement right, everyone has a need, if the need is urgent I personally sell my crypto assets, because my goal in buying crypto is to save and if I get a profit it is a plus to save money in crypto

but I will encourage friends who still hold bitcoin up to 100k $

There is no fix time when we are going to touch this figure, but most predictions are coming we can touch in next year if we have no bad news or anything around because it's very important for this to be had some fair and better environment for better growth and development.

Right now, it is staying above $55K which is very soft and good signal if we are staying here for some more time than surely near Christmas we will have some very good rise even we can touch new ATH because adoption is happening and people's already investing mean it's doing much better than expected for common peoples.

The HODL to $100k movement is a logical thing to do I think. Because there is already a very good run in the market currently and this may go on for a long time. We are very likely to see Bitcoin price reaching a new all time high level and improving it a lot also. But to reach $100k, we might need a bull run. Otherwise, just a rally may not be enough to achieve it.

I Think It's possible to happen.Bitcoin price already broke the record price of all time in This year.Bitcoin is most valuable and promising coin in market. Bitcoin is number one coin in market.Now bitcoin price is average $55k+.Few moth ago bitcoin price was reached $65k+.I Think bitcoin price will be more increase and bitcoin will be reached $100k this year.

One really interesting HODL effect underway is now the adoption of Sats (as opposed to gold) as a traditional gift and store of family value in India. These types of assets are historically hodled for generations. So as we start to see a country of 1 Billion people gradually start adopting, this will definitely have an effect of both sustaining ongoing price rises and reducing vol.

Lots of Bollywood celebs now jumping on board. Lets just hope they stick to Sats and dont start schilling alt scams.

I read a lot on this forum all thinking without analyzing or providing any evidence or signal that in the future it will reach the price of $100k, I'm saying this doesn't mean the price of bitcoin can't go up by $100k but don't assume, everything will happen here because basically the price of bitcoin is unstable it can go up and it can go down but at least to say up or down try to provide evidence with positive news about bitcoin such as airports that accept bitcoin or banks that accept bitcoin by providing evidence like this makes sense in the future the price of bitcoin will rise, don't just "in my opinion". Just a suggestion, please cross out.

I think Bitcoin going to 100k before this year ends is already obvious, I believe what happen last year is still going to repeat itself which bitcoin bull run was at the third quarter of the year I believe thesame thing will happen this year so if you are having bitcoin is better you hold it tight and wait till we hit $100k on or before December.

But always consider the  risk behind because its never been an assurance that it would last up forever or something talks about high prices because it could neither go down or up randomly basing up on the entire demand.

When it comes to holding then this is something a personal choice because its your money then you do have the full rights on what you should gonna do with it.If you do really believe or trust that much then

go ahead and dont listen up on others suggestions when it comes to investment.$100k isnt really that too far off already and its attainable and we would just needing some good catalyst towards on possible target.

Seeing the rise in the price of Bitcoin, it seems that Bitcoin can quickly become within 1 million dollars. This is the idea that various experts are doing here. But currently Bitcoin is between 57k and 58k dollar However, we will soon see the price of Bitcoin between 70 and 80 thousand dollars And by the end of 2021, the price of Bitcoin will reach one lakh rupees.

1 million dollars quickly? lol
Rising to $1,000,000 is only a dream, surely it will not happen this year. The price of Bitcoin is about $57,600 right now, impossible to increase to $1,000,000. Please don't make a joke, be more serious if you want to predict the possible price of Bitcoin.

If you said the price of Bitcoin to reach $60k soon, it is acceptable. But if you said to reach $70k-$80k soon, seems like not a realistic or not reasonable prediction. Don't forget that the price of Bitcoin can drop again after reaching $60k, don't think that it is always increasing. You also must consider if there will be bad news that can trigger Bitcoin price to decrease.

Well, the point is that consistency is necessary, there is still a chance to touch $100k, hopefully in fact it is going to be, but still... we have to prepare for all possibilities that will happen later, especially if we are in trading.
The movement is already visible, and it tends to be in a pattern that is headed for heights, but up ahead there are also many things that can affect the rate of Bitcoin price movement.

We may see a US BTC EFT (or more than one) announced on Monday.

Regardless if approved or not, and if physical or derivatives backed, we HODL to 100K.

Let those who failed to have faith, and who now want in, PAY FOR THEIR DELAY. We do not yield. We HODL to 100K.

If we look at the increase in the price of Bitcoin which has managed to reach the current $59k price, it's only natural that more and more people
are optimistic that the $100k target can be achieved this year. The more people believe Bitcoin will hit $100k, then more and more people decide
to hold Bitcoin until the target of $100k is reached. But as I've said many times before, it's okay to be optimistic, but don't forget Bitcoin is
a high-risk asset. That means we have to think about the worst that will happen, so it's best to use the stop-loss feature in case the Bitcoin price
suddenly falls. And it's also wiser to taking profit some of the Bitcoin we have, at least if the Bitcoin price is corrected, we can buy Bitcoins back.

Am not sure if this really exist but of course we wanted this to take place because I know that this will Help the market to take the necessary Pump but looks like this is the effect now?

I want to Get in also  as I am already holding for some time now.

Maybe another months of Holding together will make the price finally reach 6 digits .

it seems that what is your analysis, is the same as what many people are talking and all hope that it will be realized correctly. that if you look at the analysis in the past where ATH was formed after the halving occurred, then in 2013 in November bitcoin reached its ATH, but in 2017 occurred in December bitcoin reached ATH.

If you look at the https://www.bybt.com website, the equation at the end of October will determine whether it will happen in November or December, because the % that is close will be seen to be able to determine. there is a tendency that November is more likely than December, but if it misses, it will happen in December.

price predictions maybe if you look at the comparison between the first and second halving, it could be that for $100K it will be passed and will be even higher. All of this analysis will be seen when the end of October bitcoin reaches what price. so we are patient that there is no bad news that results in another correction that occurs, of course it will be difficult for bitcoin to go back to being able to rise high.

hopefully nothing will cause the bitcoin movement to be delayed, we hope that there is no bad news that can suddenly affect bitcoin to be corrected again, because there will be considerable difficulties to be able to meet the highly anticipated ATH.

I agree that bitcoin's movement is in line with predictions that it will move slowly but surely when it enters Q4, it doesn't seem to be wrong and according to the plan that many people have predicted. because the trend is already visible and certain.

everyone hopes that $100K can be hit, but I've looked at bitcoin in the past, I'm pretty sure that price exceed prediction.
patience to wait is certainly very much expected by not forgetting to make a purchase, at least otherwise bitcoin is a potential altcoin, the price is still affordable.

speaking more seriously, I would say that if they don't approve a physical ETF bitcoin, the price will drop a lot because people are just buying with the expectation of seeing physical ETFs approved, and of course this high price increase is because the big investors are taking advantage of this ETF news, as I said in the last post the question after hearing whether they approve or not will be how the price will behave

The price of Bitcoin already touched another all time high valuation and it is well on a path to reach new valuations and we might see them breaking new barriers and it is possible that we might see the price taking over to hundred thousand during this rally but to expect a million dollars is just too much in the near future.

I am monitoring the market expecting a correction once again because i am sure some of the institutional investors will be booking their profit whenever the price rallies.

It seems possible that this time around BTC can reach 100K. If we look at the market we can see slow, though, progressive movement from BTC and with more and more voices from world leaders as well as retailer money going in it's likely that 100K by Q1 of 2022 might not be so absurd after-all.

We could also be too hopeful, of course, and only time will tell but it seems to me that more and more people are bullish.

There is still PLENTY OF TIME to get on board. Indeed we all as individuals, have the ability this weekend to front-run all the institutional money that will flow in Monday onwards via SEC approved ETFs.

Becoming a whole-coiner is still in reach for many of us in 1st world countries. So whilst we will see over time Billions of Indians, Asians, Latin-Americans etc toiling away for Sats, (with becoming a whole-coiner a far away and basically unachievable dream), we can ourselves "lock in" our place in what will be an increasingly competitive and wealth disparity world.

United we HODL.

In recent days bitcoin has changed the trend again. I'm sure it's a strong trend. But instead of signaling bitcoin will fly higher, the coin alternative will be high in the future. Many people have good candle patterns. There's nothing wrong with starting to buy some.

Alts will come and go (and most will fade to zero over time). But yes, with tiny market caps, alts will always have the potential for sharp upward (and downward) movements. Most are entire scams.

Further, yes, generally alts do well as BTC rises as BTC is the centre of the Crypto universe. However, in the near term we might actually see alt inflow into BTC. Further, concurrently with a BTC ETF, we may actually see an SEC crackdown on alts as unregistered and illegal securities.

Be careful. For me its 90%+ BTC, 8% ETH, and then 2% alts for short term speculation.