Can Bitcoin reach 100k USD in 2024?

[Pandu Geddon]

Every investor must have a plan that they have prepared carefully before investing, that is one thing that I admit is true. Regarding strategy, each of them also has a different strategy with different budget strengths too. Long-term investors will accumulate bitcoin over time, but I can also expect seasonal investors to continue adding to their investment portfolios when the opportunity arises.

Despite the different strategies and budgets of each investor, we are all aware that the goal of everyone is to make a profit. They could sell gradually in the $70k to $100k range, but it's also possible to get them to continue holding until bitcoin prices peak next year. Bitcoin's price increase cycle is still long, so most of them will definitely wait patiently.

Maybe some investors will also panic when the price does not reach the target. especially for those who are new and less experienced in holding their investments.
Bitcoin's current trend is good, but we will never know if its growth can reach $ 100k or below, before experiencing a price decline. we certainly expect the price movement to continue to grow. but everyone who is experienced knows how this market can quickly fall after a pump.
$ 75k this year may be achieved but if you expect $ 100k, maybe next year.

[Zackz5000]

Every investor must have a plan that they have prepared carefully before investing, that is one thing that I admit is true. Regarding strategy, each of them also has a different strategy with different budget strengths too. Long-term investors will accumulate bitcoin over time, but I can also expect seasonal investors to continue adding to their investment portfolios when the opportunity arises.

Despite the different strategies and budgets of each investor, we are all aware that the goal of everyone is to make a profit. They could sell gradually in the $70k to $100k range, but it's also possible to get them to continue holding until bitcoin prices peak next year. Bitcoin's price increase cycle is still long, so most of them will definitely wait patiently.

Maybe some investors will also panic when the price does not reach the target. especially for those who are new and less experienced in holding their investments.
Bitcoin's current trend is good, but we will never know if its growth can reach $ 100k or below, before experiencing a price decline. we certainly expect the price movement to continue to grow. but everyone who is experienced knows how this market can quickly fall after a pump.
$ 75k this year may be achieved but if you expect $ 100k, maybe next year.

$100k could still be achieved this year nobody knows or it could also drop below the current price it is now that is Bitcoin for you, those investors who panic when the price of Bitcoin has not gotten to there expected target are those that are new in Bitcoin investment or inexperience just as you have said for experience investor who has been into Bitcoin investment for long will have the knowledge that Bitcoin will do well in the future won't have any reason to panic because Bitcoin price hasn't gotten to his desire price. As we can see Bitcoin price is still in a good trend, as an investor our most concern should be how to increase our Bitcoin portfolio by accumulating more Bitcoin and HODL for long either with the DCA strategy and continue hodling.

[LUCKMCFLY]

$100k could still be achieved this year nobody knows or it could also drop below the current price it is now that is Bitcoin for you, those investors who panic when the price of Bitcoin has not gotten to there expected target are those that are new in Bitcoin investment or inexperience just as you have said for experience investor who has been into Bitcoin investment for long will have the knowledge that Bitcoin will do well in the future won't have any reason to panic because Bitcoin price hasn't gotten to his desire price. As we can see Bitcoin price is still in a good trend, as an investor our most concern should be how to increase our Bitcoin portfolio by accumulating more Bitcoin and HODL for long either with the DCA strategy and continue hodling.

Without a doubt someone clear that it can happen, in this trading, in holding there is something that has a special characteristic for it to be fulfilled and that is waiting, and whoever knows how to be patient and wait can go very far in both trading and investment, but in investment the wait is much greater, it would be very scary to withdraw some BTC knowing that it is on the right track and suppose that in 15 days it then goes to $ 100k or more, because in fact for me when BTC reaches $ 100k it will go through there easily, that will continue to grow and that is noticeable by the number of new trades that are seen in the market, and this knowing that the volume in BTC is not entirely centralized in an exchange as such, there is a lot of volume data that makes it seem that it is not exact, even so it is noticeable that it can go up in price.

[STT]

I'll give OP an answer that can register in the next 9 days.  If we can clear this 69k area, close above it on weekly bars and end the month with 69k confirmed below us in ongoing price action and any reasonable volume available then sure 100k is a fair bet for 2024.

More likely if we just idle onwards, more a mule then a thoroughbred in pace.  Theres no crime in that, the surer step is taken more slowly then a gallop so its no negative that OP might have to wait 6 months.  I'd just like to give a scenario where the build of the last few months if confirmed in this month with that strength of a close then it makes 100k more probable then any other time in 2024 I guess.

[Lanatsa]

$100k could still be achieved this year nobody knows or it could also drop below the current price it is now that is Bitcoin for you, those investors who panic when the price of Bitcoin has not gotten to there expected target are those that are new in Bitcoin investment or inexperience just as you have said for experience investor who has been into Bitcoin investment for long will have the knowledge that Bitcoin will do well in the future won't have any reason to panic because Bitcoin price hasn't gotten to his desire price. As we can see Bitcoin price is still in a good trend, as an investor our most concern should be how to increase our Bitcoin portfolio by accumulating more Bitcoin and HODL for long either with the DCA strategy and continue hodling.

Without a doubt someone clear that it can happen, in this trading, in holding there is something that has a special characteristic for it to be fulfilled and that is waiting, and whoever knows how to be patient and wait can go very far in both trading and investment, but in investment the wait is much greater, it would be very scary to withdraw some BTC knowing that it is on the right track and suppose that in 15 days it then goes to $ 100k or more, because in fact for me when BTC reaches $ 100k it will go through there easily, that will continue to grow and that is noticeable by the number of new trades that are seen in the market, and this knowing that the volume in BTC is not entirely centralized in an exchange as such, there is a lot of volume data that makes it seem that it is not exact, even so it is noticeable that it can go up in price.

Better to low your expectations so that you wont really be ending up on getting disappointed because the price didnt really hit up into your expectations. I have already that learnt in the past or on the moment that im still that newbie into this space on which i do really love on making up some conclusions on which i do really end up on frustrated because it didnt hit up on what i do have in mind. On the moment that you do able to gain up that sufficient experience then you would be able to realize that this isnt how this market works. You would really be definitely be making up such changes on how you would be making out such treatment.
You are the ones will really be that making such changes basing up into your behavior.

Can it reach $100k for this year 2024? No one really knows because we do know that there's no one that would really be able to predict on what would happen in the future. We are already closing this month of October on which it is really just that only 2 months left for this year 2024 and we arent that even breaking yet that 70k price level on which we are really that wanting for it to happen. As we do tend to look around
then there's no much positive sentiment or news that could really be able to push the market into that higher levels on which you would really be able to assume out that it will really be
that hard to reach up that 6 digit price on the current market condition. Somehow, there's no way to predict or to know on what are the upcoming possible unexpected events that could happen.

[Republikcoin.com]

Possibilities will always be present in October to December this year whether the acceleration or deceleration of prices, for example the market is rising Tesla also follows moving its assets, so that it creates high volatility like in the near future. My assumption is that BTC will move sideways first in the range of $66K- $67K for a while before heading to 73K first.

The price range you mentioned is indeed happening at the moment, but to go to the $73K price level, it seems we should expect that in the following month because currently Bitcoin is still holding at a price of $67K with a very small correction rate. In addition, I also hope that large companies like Tesla still want to hold Bitcoin tightly without any intention of selling it in the near future because large companies like Tesla must still have a lot of Bitcoin until the end of this year so that the company could have an unexpected influence on the current market.

[Iranus]

In addition, I also hope that large companies like Tesla still want to hold Bitcoin tightly without any intention of selling it in the near future because large companies like Tesla must still have a lot of Bitcoin until the end of this year so that the company could have an unexpected influence on the current market.

In a recent financial report, Tesla said it still holds bitcoin and has not sold any bitcoin.


https://www.forbes.com/sites/digital-assets/2024/10/26/tesla-bitcoin-moves-may-no-longer-shake-the-market/

Regarding market movements, I think we should not rush to make predictions based solely on our emotions and desires. Many people make predictions based only on their own expectations and forget that the world economic situation will determine the market's performance. As we have seen, bitcoin has been doing pretty well since the beginning of the month so far but just one news of war between Iran and Israel sent bitcoin and the entire market plummeting.

So let's be realistic, as long as the world remains unstable it will be very difficult for bitcoin to make any progress this month, next month or next year.


source: reddit

[LUCKMCFLY]

that hard to reach up that 6 digit price on the current market condition. Somehow, there's no way to predict or to know on what are the upcoming possible unexpected events that could happen.

I have a possible bet, if Trump wins the price is very likely to at least touch $100k, if not by 2025 when the effect of the elections has passed, but it is very likely that a bullish trend can be set for 2024 and that obviously by 2025 the trend will be much better, I personally see it that way, it is the closest fundamental we have and at the same time it is very important to consider it, those who say no is like blinding themselves, or worse yet, deceiving themselves, sometimes the reality of things has to be accepted.