Bitcoin takes aim at $100,000 target

[WinslowIII]

Many predictions we saw during the current bulls. However, Bitcoin seems to be driving its own trends, and the trends that may arise are quite strong. Given the current price of Bitcoin, I do not think that we will immediately see $ 100,000.

Bitcoin price main driver is supply and demand, simply as that. As you can see the demand is very high as right now, the price is picking up, we are in the 5 digit figure. And as we go along, and as more people are willing to buy at a certain price, even $100k then obviously it is achievable. But we need to go to overcome hurdles along the way, so it could take some time to breach 6 digits, in my opinion.

I think "use" may be a better term than "buy". And bitcoin's uses are impervious to price.

[pooya87]

we have already entered that trend a while ago and despite the fact that we can clearly see it on the charts and the history is showing us these parabolic rises that occur within cycles some people still resist accepting the fact that the trend has changed and we are in the bull mode.
in any case i believe we are going to see a slower rise to the previous ATH and with the halving and all its hypes and effects we will see a speed up to the whole process. with all the media coverage that bitcoin is getting which is only increasing i can see this "cycle" to be a lot shorter and bigger than the previous ones.

[BUK2016]

Bitcoin at $100,000 should not be seeing as something that will become reality at this time yet since we are still having mass adoption issue that is yet to be over come. Maybe, if bitcoin should get to like $50,000 per one before the prediction of$100,000 should come and no one will be able to see your prediction as a dream but something that will a reality but not now in my opinion.

[ethereumhunter]

It's interesting to read many predictions from the expert although they don't know when the time to happen. But still, we can take a lesson on making our analysis from their chart. I am afraid that to reach $100,000 will need a long time if the conditions are like this, but if there is a significant change that is happening in the market, then that will change the people sentiment to buy bitcoin at a price now. They will start to buy bitcoin now while the price is still at $10k and hold it like what we do and sell when the price reaches their target sell price.

[BY_ATOM]

It would be super to see 100k, but I think that it's too high. There's a good chance that this ATH won't go past 60-70k. The "cool down" was too quick, the value is still big enough to attract investors' eyes (especially after that 20k) and many of those investors that came in are already happy with 20%-like profits. If the momentum is clear, they'll allow it to grow, but they'll be super eager to withdraw at a clear sign that the rocket fuel is depleting.

The same thing people said in 2014, only the amount was $ 1000. Yes, and in fact any base to ensure growth was not only the enthusiasm of the people. And in recent years, cryptocurrency is considered not as money, but as something more, a new step in the development of technology that brings the world of electronic money. The technology itself, on which bitcoin is based, is already progress. And its application is limitless. Therefore, the growth will continue, slowly, but continue!

[creeps]

I think nothing is wrong if we aim that bitcoin will hit the new ATH maybe next year because even the price is slow to grow still we go there to the highest price.Prediction maybe change but I feel that the bitcoin will a new ATH.

As we go down on the level of $10k again, the chances to get the new ATH is slowly fading but I still hope to have it this year, we are still on the early weeks of 3rd quarter and more months to go. Bitcoin aims is quiet high but not too impossible to reach it, just a little time and we will be on that place waving at the very peak price of bitcoin.

[STT]

I dont see why Bitcoin would rise continually this year, maybe next year because of halvening but this year is a strong recovery more then boom I would guess.

Right now its challenging the previous uptrend and finding if it can just slip back into that routine




If I pan the chart, extrapolate for end December prices on the same gradient as gain these last few months.   We dont get 100k, more like far less then half that.   That'd still be impressive of course

[Maxre]

this target is too high for me personally, it's good that BTC is stable and getting ATH again is an extraordinary thing this year.

[Dr.Osh]

this target is too high for me personally, it's good that BTC is stable and getting ATH again is an extraordinary thing this year.

bitcoin is indeed targeted to have very high prices, but for now, the price is indeed still very far from our expectations. maybe, the potential of bitcoin can reach a price of $ 100k when the price is above $ 50k. however, it is very difficult to add $ 10k in a short, even long time.

[TopT3ns]

this target is too high for me personally, it's good that BTC is stable and getting ATH again is an extraordinary thing this year.

bitcoin is indeed targeted to have very high prices, but for now, the price is indeed still very far from our expectations. maybe, the potential of bitcoin can reach a price of $ 100k when the price is above $ 50k. however, it is very difficult to add $ 10k in a short, even long time.

if it still possible to reach, i think any price is something that still logic to think. Because sometime bitcoin price really surprised people with their way. Who can expect bitcoin price that at first only have a little value can be increased like this.

[logicgate]

this target is too high for me personally, it's good that BTC is stable and getting ATH again is an extraordinary thing this year.

bitcoin is indeed targeted to have very high prices, but for now, the price is indeed still very far from our expectations. maybe, the potential of bitcoin can reach a price of $ 100k when the price is above $ 50k. however, it is very difficult to add $ 10k in a short, even long time.

if it still possible to reach, i think any price is something that still logic to think. Because sometime bitcoin price really surprised people with their way. Who can expect bitcoin price that at first only have a little value can be increased like this.

Yes this is possible because we know bitcoin is a coin that has so much potential so we only will have to wait with patience to see the good result. As gradually price is increasing I am sure it will reach high level very soon and after few years it will be more than 20k dollar and one day it will become 100k$.

[Cherylstar86]

That's intriguing to peruse numerous forecasts from the analysts despite the fact that they don't have a clue when an opportunity to occur. Traders begun to purchase bitcoin now while the value is still at $10k and hold it like what we do and sell when the value achieves based on desired price.
I am anxious about the possibility that price to reach $100,000 will require quite a while if the conditions are this way. However on the off chance that there is a critical change that is occurring in the market, at that point that will change the general demand on bitcoin once the price became so expensive.

[InvoKing]

This $100k aim is meant for the long term. For the moment volatility and cash grabbing by big whales is a priority...

[TmottaDing]

It is much more than confusing at the moment, and i would not trust on the actual pricing.

Maybe waiting a few more days or weeks until the price consolidates would be the best option at the moment, because it is super risky to trade or buy at the moment, be patient guys

[michellee]

Bitcoin still too far to increase to $100k as the target price because of we even below than $10k now. But it might happen in the future as bitcoin have a big chance to increase higher in the future, especially after the halving that will occur in the next year. But still, we need more time to see the price reaches that number, and we need big patience to hold bitcoin until that time comes.

[BitcoinHunt3r]

Bitcoin still too far to increase to $100k as the target price because of we even below than $10k now. But it might happen in the future as bitcoin have a big chance to increase higher in the future, especially after the halving that will occur in the next year. But still, we need more time to see the price reaches that number, and we need big patience to hold bitcoin until that time comes.

Very big maybe, because $100k is not a little amount of money. Even to pump until that price, will need a lot of money from people or maybe a lot of hypes that can attract people to buy bitcoin. Or maybe what worse scenario is when people afraid to buy because price is very high.

[BY_ATOM]

Bitcoin had taken it's forth parabolic phase and may take another all-time high that may drop a price of over $100,000 USD, I guess this is a new trend and may simply take the world of cryptocurrency by storm again.

And many traders had confirmed this parabolic phase to settle in this bull trend, What do you guys think? Any comments about this.

https://cryptoslate.com/bitcoin-long-term-trend-bullish-short-term-not-so/

Getting to $100,000 this year maybe very difficult and the libra coins that created the current bull run has show that it is going to be a central coins. I am speculating that the highest bitcoin may go this year will be around $30,000.

I generally believe that this is an unrealistic amount. At least for now, Maybe in 2025, when bitcoin mining will stop. But now all the races are extremely spontaneous. This is purely my opinion. But life is very strange thing) we'll see.

[buwaytress]

I find it really difficult to think about a price range that's far from where we've ever hit. Even thinking of ATH terms, Bitcoin was barely there or nearby there for weeks, I've to think of a price level that it managed to hold on to for a while at least, and there's my starting point. Assuming optimistically this was just below 20k, I've got to think of 30k as the most significant and substantial "aim" to take.

But that's just me, and my take on psychology.

[Dodoymabs]

Bitcoin had taken it's forth parabolic phase and may take another all-time high that may drop a price of over $100,000 USD, I guess this is a new trend and may simply take the world of cryptocurrency by storm again.

And many traders had confirmed this parabolic phase to settle in this bull trend, What do you guys think? Any comments about this.

https://cryptoslate.com/bitcoin-long-term-trend-bullish-short-term-not-so/

Getting to $100,000 this year maybe very difficult and the libra coins that created the current bull run has show that it is going to be a central coins. I am speculating that the highest bitcoin may go this year will be around $30,000.

I generally believe that this is an unrealistic amount. At least for now, Maybe in 2025, when bitcoin mining will stop. But now all the races are extremely spontaneous. This is purely my opinion. But life is very strange thing) we'll see.

Unrealistic but had the possibility to be true and it may take years before this happened. BTC has been dominating for so many years which it proves to be had the power to increased more.

[Reid]

100k USD is just too much for me.
But that is just me. My own opinion.
Also, that is some crazy number for just 1 BTC. Imagine 17m of it being valued 100k each.
That is way too much.
I guess we will just see on the upcoming years. It could happen though. Just dont know when.
Maybe when USD is so much undervalued.