Bitcoin reach to $100K ?

[smyslov]

Crypto Trader's the most preferable subjet is the prediction about bitcoin.Many analysts predicted how high and low bitcoin prices could go, similarly, Samson Mow, CSO in Blockstream, which is a leading provider of blockchain technologies and CEO at Pixelmatic, tweeted his opinion on the bitcoin price.What is your opinion?

It's out of range this year almost impossible, we are torn between hype and realistic price, obviously they just want to hype the future price to strengthen the buy support, but realistically and the way how Bitcoin is moving and the situation of the world economy we are lucky if Bitcoin reach another all time high this year.

[aprilnot]

Why not. but I don't think so for now. it took a long time to reach 100k. maybe at the moment the market is bull but for 100k it is impossible. long before this many experts had predicted BTC would reach 100k. So I won't be surprised if it is achieved in the future.

[ubay]

Traders are allowed to carry out the analysis at will with all their knowledge. And as to whether bitcoin will hit $100k it is possible, but it will take a long time.

We need to cross the $15k mark first, then $50k, and keep going. There's no way bitcoin price will jump $100k in 1 week.

[sourish]

All market predictions are made on the basis of past performances and movement charts. With so many number of people predicting a price rise in a similar bracket, ranging from the current to a decade, i think there's a lot of wishful expectation mixed with data analytics making its possibility at least to a 50% of the  estimation .

[qiwoman2]

Institutional money is pouring in right now. Grayscale alone is buying all the newly mined BTC, plus extra. Another company just bought 250 Million USD worth of BTC as a hedge against inflation..Banks are buying BTC by the boatload. They will all buy OTC, you don't see this movement on exchanges. Once this pops it will pop hard. I see it going into a parabolic movement middle to end of 2021 going into 2022 and this bull market has already just begun now. If you see every day the CMC is getting larger and also Bitcoin Dominance is going down for a bit. Bullish signals indeed and 100k is not improbably for the next parabolic bull run.

[Inkdatar]

We have different perspectives when it comes to the price of bitcoin if how much it will go. With so many predictions that it may reach to that price but the thing is no one is certain. Anyone could tell it may touch $100k but I can see it will take time. Though these days the movement of bitcoin is really positive to the eyes of the users so let's see what price it were heading.

[prehisto]

Not possible in th near future.

First BTC has to break the last ATH which is about 20k. This I see as realistic goal , if all the financial markets will go up in the near term, then BTC defintely can brak the ath , this most likely would mean that we will see also 30k.

[kapalmabur]

Not possible in th near future.

First BTC has to break the last ATH which is about 20k. This I see as realistic goal , if all the financial markets will go up in the near term, then BTC defintely can brak the ath , this most likely would mean that we will see also 30k.

that's right, we haven't passed $ 20,000 yet, if we can't get past $ 20,000 then it is certain Bitcoin is not in a bullish zone in the future,
maybe another $ 7000 correction might occur if the BTC price can't break the resistance

[KimmyF]

Traders are allowed to carry out the analysis at will with all their knowledge. And as to whether bitcoin will hit $100k it is possible, but it will take a long time.

We need to cross the $15k mark first, then $50k, and keep going. There's no way bitcoin price will jump $100k in 1 week.

Before 100k USD, Bitcoin will get several corrections. A few months later Bitcoin will take the next correction as prediction. We know in 1 week Bitcoin can't overcome 100k USD. Huge probability exists before finishing next year. As history we can predict that Bitcoin could hit 100k USD.

[DevilSlayer]

The price is currently having a hard time to surpass and hold above $12,000 and then there are a lot of people speculating and predicting that its price can achieve 6 digits in short period of time. Everything is possible but the problem is do not believe to the predictions that it can achieve $100k in just short period of time, most of the speculations in the internet are not feasible in this current moment. Remember that it will only create a hype that can affect your trading performance.

If you believe to someone and follow their predictions, expect that you can lose the money that you invested. Do not rely your decisions in others because it is your money and they will not be liable if they lose it just because you follow their opinions and their predictions. Learn tp use different kinds of analysis and in that way you can depend on yourself.

[SquallLeonhart]

The resistance zone retest is really not shocking because we know that bitcoin is going up right now and looking bullish in every indicator out there toward a new ATH which may be $100k or $250k, but that whales manipulation still is the scary part. How likely do you see that happening? I mean if it is such a possible thing, we are at around 12k right now, I might consider selling right now and wait for that double bottom to happen in order to reenter the market from a lower level if it looks like it is quite possible.

However, at the same time I am wondering if it can retest the resistance zone and go up, would that means it would go up even more? In that case instead of double bottom after failure of the resistance zone, it would be success of resistance breaking and price would go up. I am not sure which one looks more possible.

[Eugenar]

No matter how you look at it, preditions are subjective opinions of an individual and it will not dictate how things will happen especially in a market that cryptos are having not only Bitcoin which has a volatile market price in its nature. Also, $100k market price is far from its price at this moment as well to its current ATH market value so it is hard to believe. We are not even assure that the market price increase at this moment will be continuous but no doubts that it will not be consistent.

Not possible in th near future.

First BTC has to break the last ATH which is about 20k. This I see as realistic goal , if all the financial markets will go up in the near term, then BTC defintely can brak the ath , this most likely would mean that we will see also 30k.

that's right, we haven't passed $ 20,000 yet, if we can't get past $ 20,000 then it is certain Bitcoin is not in a bullish zone in the future,
maybe another $ 7000 correction might occur if the BTC price can't break the resistance

Those peoole are just absurd when they are making predictions. There's nothing wrong with that but be sure your actions towards how the market behaves, will not be affected in order to avoid regrets.

[Rana590]

Still now it is too far from $100k for bitcoin. Day by day a lot of people are knowing what is bitcoin and features. Hopefully in future days, bitcoin will hit big amount when people will use it often interface.

[reliable]

Still now it is too far from $100k for bitcoin. Day by day a lot of people are knowing what is bitcoin and features. Hopefully in future days, bitcoin will hit big amount when people will use it often interface.

For this year end closing anything above 15k its will be a big achievement as it will be an fantastic rise form the lows it had being near 4k levels and rom their on it was stuck near 10k and now near 12k levels. So, getting stable at above range is the first thing and slowly keep rising will be the next thing we should be looking at it.

[Shohanur]

I think $100k is a big amount and it is quite impossible for Bitcoin within some years. It needs huge time and user. Because most of the people don't know about Bitcoin.

[yefi]

What a sorry gaggle of pathetic opinions.

I recall carbon copies of these amoebic "it's impossible" or "it'll take decades" answers (although seemingly from fewer human billboards and with better grammar?) when bitcoin was ~$300 and the target was ~$3000.

Just like now, people's minds were polluted by the immediate price and lacked the vision and foresight to see the potential ahead.

And why is $100k so impossible exactly? Is the most revolutionary technology since the internet really worth less than the market cap of Apple? Furthermore, in case you didn't notice, central banks are vindicating Satoshi's clarion call against unsound monetary policy. The pin is finally dropping amongst the wealthy that their conventional investments are at risk and they are seeking to protect that wealth by investing in alternative, uncorrelated and incorruptible assets.

[justdimin]

Why don't we calculate what is required for that? We are talking about around 1.8 to 1.9 trillion dollars market cap just for bitcoin, I doubt that all other coins would stay in place without moving if bitcoin goes that high, so let's assume 1.2 trillion for the rest of the altcoin world as well, that means it would be a 3 trillion dollar market cap for crypto world as a total. Is it possible?

Obviously it is possible and in fact we should be aiming at that if we can, it should be our goal, however I think we should take it step by step, we should be focusing on what we can do to make sure we reach $15k first, after that we should work for $20k, those are the things we should be working towards before we could actually do something much bigger and better.

[livingfree]

I think $100k is a big amount and it is quite impossible for Bitcoin within some years. It needs huge time and user. Because most of the people don't know about Bitcoin.

Quite impossible? no.

Recall the month of March and analyze how much bitcoin was during that month. It nearly broke back to $4900. And count the months from March to August, we reached $12,000.

A quick phasing after the halving gives it possibility by a year or two.

[livingfree]

I think $100k is a big amount and it is quite impossible for Bitcoin within some years. It needs huge time and user. Because most of the people don't know about Bitcoin.

Quite impossible? no.

Recall the month of March and analyze how much bitcoin was during that month. It nearly broke back to $4900. And count the months from March to August, we reached $12,000.

A quick phasing after the halving gives it possibility by a year or two.

It might be possible but to think with that huge amount of price seems impossible to me right now or next year. Although no one really knows the future but every possibility is considered to happen after that halving while comparing to the previous halving price. Every figure people talking about is possible though but if it's not going to happen this time maybe it will happen after three to five years, who knows? I wanted to see the new ATH price too if Bitcoin starts to bullish next year.

No one can tell but if we will base in the past.

No one has actually got it right that bitcoin will surge to $20k by the end of 2017. And just like what we're discussing lately, $100k looks impossible but we will never know. But looking to the history, there is a chance that it can but timeframe is unknown.

[Furious 7]

No one can tell but if we will base in the past.

No one has actually got it right that bitcoin will surge to $20k by the end of 2017. And just like what we're discussing lately, $100k looks impossible but we will never know. But looking to the history, there is a chance that it can but timeframe is unknown.

It's the same if no one knows then bitcoin is not possible in 1 or 2 years or so, remember it's a big number and of course with 100k bitcoin may be used all over the world including the government has legalized it.
If it reaches ATH I'm sure this will definitely happen if the movement of bitcoin continues to increase, but still it takes a struggle and there will definitely be a crash in each of these increases. Will this last in the long term?