Bitcoin reach to $100K ?

[whyrqa]

I would say that there are many other options where bitcoin could change for the better, however at the end of the day if we are talking about bitcoin actually going up, it could be ANY reason that causes it to go up but the method will be people buying more than they sell, so we have to focus on that if we want to create a formula to see what would really make it work.

For example, why could cause people to buy more bitcoins than right now? They are buying currently, but they need to buy a whole lot more to make it 100k, so what could cause that? Plus they should sell less as well, depends on how much they buy of course, if there are x10 more buys, even x2 more sell means the price still goes up, but preferably there should be less sell in the market as well, what could cause that?

I understand that many are skeptical about predictions about the future bull run in the near future in the cryptocurrency market, but nevertheless there are certain facts that support the tone of my hopes. First of all, people began to buy more alternative assets and we are talking primarily about Bitcoin and other retinol cryptocurrencies, due to the fact that their national currencies are losing their value. State governments, in order to avoid the consequences of the economic crisis, begin to print large amounts of money and all people are afraid for their savings, which are actively depreciating. Even big investors are ditching conventional assets in favor of bitcoin. Based on this, I believe in the next rise in the Bitcoin rate and it may not reach $ 100,000, but I am convinced it will be more than in 2017.

[gabbie2010]

I would say that there are many other options where bitcoin could change for the better, however at the end of the day if we are talking about bitcoin actually going up, it could be ANY reason that causes it to go up but the method will be people buying more than they sell, so we have to focus on that if we want to create a formula to see what would really make it work.

For example, why could cause people to buy more bitcoins than right now? They are buying currently, but they need to buy a whole lot more to make it 100k, so what could cause that? Plus they should sell less as well, depends on how much they buy of course, if there are x10 more buys, even x2 more sell means the price still goes up, but preferably there should be less sell in the market as well, what could cause that?

I understand that many are skeptical about predictions about the future bull run in the near future in the cryptocurrency market, but nevertheless there are certain facts that support the tone of my hopes. First of all, people began to buy more alternative assets and we are talking primarily about Bitcoin and other retinol cryptocurrencies, due to the fact that their national currencies are losing their value. State governments, in order to avoid the consequences of the economic crisis, begin to print large amounts of money and all people are afraid for their savings, which are actively depreciating. Even big investors are ditching conventional assets in favor of bitcoin. Based on this, I believe in the next rise in the Bitcoin rate and it may not reach $ 100,000, but I am convinced it will be more than in 2017.

You made some good points, however you should also consider government regulations of cryptocurrencies in some countries these are some of the factors that might hinder buying of bitcoin, this has become necessary in order to protect the value of their fiat currency, In fact in some countries the government discouraged the use of cryptos in totality while some investors might have ditched their assets or fiat for bitcoin, we still have a long way to go as far as the price of Bitcoin reaching $100K price mark, while I agreed that a new ATH could possible reached very soon.

[carlisle1]

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?

no doubt that we are looking for 6digits value of bitcoin,but the problem is when and that is what we need to obtain before we all finally rejoice in this achievements.

there was a time that the Bullrun of 2017 when the Bitcoin reaches $20,000 value that prediction spreads the whole crypto community that we are going to $100,000 yet failure is what we got.
lets just wait till it happens and we will all be save.

[lepbagong]

That's out of mind. He has right to share his prediction but he shouldn't be insane. I just wanna go his Twitter account and ask him, how he did this predicition and based on which purpose? Cause i haven't found any valid reasons behind it. But it will be great if his prediction come true and Bitcoin really reach to $100K

Yes, anyone can predict the price of bitcoin. But at this time, there is no strong reason to reach $100k. I think it is still far from current price. But we can hope to reach $100k.

Predictions can be right or wrong, but it must be with an analysis that is at least close to it, so maybe we can believe it. If you see the first halving can break $ 1K +, and the second halving can break $ 19K +, if this prediction is used it could be $ 100K.
once again this is a prediction based on the experience of the halving that occurs every 4 years and this year is the third halving.

[Inkdatar]

That's out of mind. He has right to share his prediction but he shouldn't be insane. I just wanna go his Twitter account and ask him, how he did this predicition and based on which purpose? Cause i haven't found any valid reasons behind it. But it will be great if his prediction come true and Bitcoin really reach to $100K

Yes, anyone can predict the price of bitcoin. But at this time, there is no strong reason to reach $100k. I think it is still far from current price. But we can hope to reach $100k.

Absolutely right anyone can predict the price of bitcoin so what I'm always saying here the price is volatile and we can not say when it will reach to $100k. The current condition of bitcoin is struggling to reach $15k and if in case it will cross to that price many crypto holders would really enjoy the momentum. Hence, let others do the price prediction and we cannot force them to stop it's their own judgment towards the price of bitcoin.

[F_Societys]

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?

Bitcoin is unpredictable and we all know that.
But my opinion is that we will finish this year with 11,000 and we will probably be around 17,000 for next year.
Also, for the next 10 years, Bitcoin is in the range of 25,000 or 30,000, and I do not think that 100,000 will appear any time soon.

[hahay]

Anyone who predicts the price of bitcoin to reach 100k I would not believe it even if it was said by the most influential person, regardless of high or low price predictions at least it will also be related to issues and trends that occur every year. So, to reach 100k maybe for the next 5 years, it still seems impossible to happen even though the growth of bitcoin in the first 10 years can be said to have progressed so rapidly but that does not guarantee for the next 10 years to get the same trend, because the situation and conditions are not predictably could make the market collapse or vice versa.

[stomachgrowls]

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?

Bitcoin is unpredictable and we all know that.
But my opinion is that we will finish this year with 11,000 and we will probably be around 17,000 for next year.
Also, for the next 10 years, Bitcoin is in the range of 25,000 or 30,000, and I do not think that 100,000 will appear any time soon.

A realistic kind of view which i do agree of since i do have the same perception towards price that we wont reach 100k anytime soon or in future.

Well, everything is unpredictable and we know on how this market moves but doesnt mean that its just right to go into those levels or numbers which is even hard to believe that we would reach it out.
20k-30k would be realistic though but this would be the max out price and never go beyond that but i cant really blame out this permabulls who do keeps talking about a million dollar per coin which is
do saw for it to be exaggerated.

Anyone who predicts the price of bitcoin to reach 100k I would not believe it even if it was said by the most influential person, regardless of high or low price predictions at least it will also be related to issues and trends that occur every year. So, to reach 100k maybe for the next 5 years, it still seems impossible to happen even though the growth of bitcoin in the first 10 years can be said to have progressed so rapidly but that does not guarantee for the next 10 years to get the same trend, because the situation and conditions are not predictably could make the market collapse or vice versa.

Lots of factors that can really affect and lots of situations that might happen in the future which would either make rise or dump into the market. $100k is indeed too far off and people should at least

made out some realistic analysis on how the hell would be the price to be like that on some couple of years if we do even try to consider on what our movements in the past 10 years of this market?
We had just maxed out on 20k and the market had corrected after that.

[worldofcoins]

The current circumstance of bitcoin is too terrible it's battling to reach $10k to $11k and afterward it begin tumbling down.
It's difficult to reach on such a rate however its certainly feasible since its decentralized and it can go up any occasion.
We need more clients to involve bitcoin in light of the fact that the more we get clients more the graceful increment which profoundly influences bitcoin cost and market.

[wxa7115]

The current circumstance of bitcoin is too terrible it's battling to reach $10k to $11k and afterward it begin tumbling down.
It's difficult to reach on such a rate however its certainly feasible since its decentralized and it can go up any occasion.
We need more clients to involve bitcoin in light of the fact that the more we get clients more the graceful increment which profoundly influences bitcoin cost and market.

Right now the market seems to be stuck and it is not moving in any direction in particular, and the reasons for this are simple, on one hand there is a very strong support at the 10k level and this is making the price to refuse to go down that price, on the other hand the rally that has been fuelling the current growth, the DeFi market, is slowing down as scammers have taken over the market and now investors do not know which coin is legitimate and which coin is a scam.

If this continues then there are chances the price will finally go below 10k as bulls get tired of maintaining that level and prefer to join the bears and short the market.

[romero121]

Oct 2010   $0.125
Feb 2011   $1.00
Dec 2012   $13.00
April 2013   $266
Jan 2014   $750
Mar 2015   $200
May 2016   $450
Jan 2017   $800
Feb 2018   $6,200
Jan 2019   $4000
Jan 2020   $7000
Oct 2020   $10000+

I've rounded the value, and this data is being taken from wikipedia. From the table we can see growth and crash between years. From nothing what it has reached to the present in percentage is very big. Same is what we calculate with the $100k, if things go better with more support for legalized usage there is chance of reaching $100k as the value system is upon demand to supply availability.

[Janation]

The current circumstance of bitcoin is too terrible it's battling to reach $10k to $11k and afterward it begin tumbling down.
It's difficult to reach on such a rate however its certainly feasible since its decentralized and it can go up any occasion.
We need more clients to involve bitcoin in light of the fact that the more we get clients more the graceful increment which profoundly influences bitcoin cost and market.

It needs more time and more people.

It is true that reaching that price is not impossible but we still need a lot of things and that is mainly people using Bitcoin. Adoption is still not that high and there are still a lot of people thinking that this is all just a bubble and a scam. In the near future where digital currencies are not new anymore, I think we will be seeing a surge in users and the price too.

[coin-investor]

It's still questionable this year and will not going to reach that level, maybe in three years time I don't see a big happening that can make the price to reach $100k we'll just take it as it comes and stop hoping for $100 k unless we see something big that will make us realize that it's possible.

[Yamifoud]

It's still questionable this year and will not going to reach that level, maybe in three years time I don't see a big happening that can make the price to reach $100k we'll just take it as it comes and stop hoping for $100 k unless we see something big that will make us realize that it's possible.

Pretty obvious and I don't see any reason to believe that it will come to reality.
$100k, $50k, $20k, we even harder to make a stable jump at $12k. Even saying that we live in a volatile market but I'd stop thinking for another ATH coz the chances is very slim.

We are already in the Christmas season, I'd expect for many changes but I have not to blow my mind thinking for another Bullrun because that seems impossible.

[wxa7115]

It's still questionable this year and will not going to reach that level, maybe in three years time I don't see a big happening that can make the price to reach $100k we'll just take it as it comes and stop hoping for $100 k unless we see something big that will make us realize that it's possible.

Many people worry about the time at which bitcoin will reach such an impressive price but this is one of the advantages of being a long term holder.

For a trader it is important when this happen because he may be out of the market when that happens and that could be a huge mistake, but for a long term holder it makes no difference if that price happens tomorrow or during the next decade, he knows he is still going to hold his coins at the time and he will be able to take advantage of the volatility at the most critical time and obtain profits that way.

[lixer]

It's still questionable this year and will not going to reach that level, maybe in three years time I don't see a big happening that can make the price to reach $100k we'll just take it as it comes and stop hoping for $100 k unless we see something big that will make us realize that it's possible.

Well, the all time high was already 20k and once the market starts going up it really rockets up real quick. I am quote sure towards the end of this year we might see around 20k value being reached which might not be sustained for long but I am really positive that at least $18k will be touched once by the end of the year or maybe early next year.

Although I am positive but I am not making any trades based on that theory because the market might even go down towards the end of year but one thing that is almost certain is that the market will change quite rapidly around the New Year time and the best time for investors and even for people who want to divest maybe.

Stop expecting 100k and be happy that we have come so far because expecting too much and $100k is an exaggeration which will only make you feel bad when it doesn't reach that value.

[Pamadar]

It's still questionable this year and will not going to reach that level, maybe in three years time I don't see a big happening that can make the price to reach $100k we'll just take it as it comes and stop hoping for $100 k unless we see something big that will make us realize that it's possible.

Halving just went good but pandemic virus affects the entire market, we don't know if how things will proceed the next following years to come, but there's always possibilities, if you have spare money and you can wait, then it's not bad to invest your money and wait, who knows maybe this prediction will happened.

[Nazmul012]

Can't get agree with his opinion. It would be so difficult for bitcoin to reach such kind of high price when it is still troubling to go back $20k level. Of course bitcoin have to follow some steps, rules and regulations. so he shouldn't predict such kind of thing. Its true that bitcoin will pump more But i dont think that, price could be reach to $100k in upcoming 2/3 years

[darewaller]

That's out of mind. He has right to share his prediction but he shouldn't be insane. I just wanna go his Twitter account and ask him, how he did this predicition and based on which purpose? Cause i haven't found any valid reasons behind it. But it will be great if his prediction come true and Bitcoin really reach to $100K

Yes, anyone can predict the price of bitcoin. But at this time, there is no strong reason to reach $100k. I think it is still far from current price. But we can hope to reach $100k.

I am not even expecting bitcoins to reach 100k in the next 5 years and that is not because I don't believe in bitcoins but because the growth now is really organic and earlier bitcoins was not as popular as it is now so almost everyone is known to bitcoins which means the investment coming into bitcoins will surely rise the price but not by abnormal numbers but rather by small amounts and yes one day it might reach 100k but it has to scale really well to reach that value.

One reason I see that that value might be reached is because the mining profits in BTC is decreasing with each halving and hence the price will go up rapidly once the miner's fees is really low and that is one logic I see how it can reach 100k but not anytime soon.

[Viscore]

We are already in the final quarter of the year, though it won't be stated when we reach $100k as my assessment goes, it is really not possible. I can't imagine people are buying  Bitcoin at $100k, should they have to take the risk? Doubtful that they are willing to do it but rather to choose to invest in the stock market. And even me, I'd never had to put at risk rather than to choose an investment that has assurance.