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Author Topic: If bitcoin surpasses the $60K level then it will hit higher than $100K  (Read 1098 times)
DashingAgent (OP)
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January 14, 2021, 08:50:20 PM
Last edit: January 15, 2021, 04:50:37 AM by DashingAgent
 #1

If bitcoin surpasses the $60K level then it will hit higher than $100K

If bitcoin surpasses the $60K level than it will hit higher than $100K. For altcoins I won't suggest you to hold the tokens/coins having marketcaps in billions except top 5. It is also possible that big altcoins like ethereum may drop to 0.016 BTC if Bitcoin jumped to $100K. But I am not afraid regarding Litecoin because Litecoin is next to bitcoin. Litecoin will hit higher than 0.005 btc and possible to make its resistance at 0.01 BTC. For other altcoins like ADA, Algorand etc I won't suggest to hold as in Btc these altcoins will be dropped to half (around 50% decrease is possible) even ADA has the upcoming update in FEB. But I suggest you to hold altcoins having marketcaps lower than 50 million like ARK and it is possible for ARK to having greater marketcaps than 50 billion in the future. FOR Miota and EOS the bitcoin dominance won't affect because both altcoins have faced a long term btc dominance so the bear market will prefer to hold these alts rather than to sell them.

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January 14, 2021, 08:58:45 PM
 #2

I will like to make my comment using only Bitcoin, Bitcoin is likely to cross $100,000 as predicted by some analysts although analysts predictions may be wrong but I do not doubt this. If this will happen, it will be as a result of institutions that are more investing in bitcoin, Bitcoin price is still in its low stage, it will still increase because it is a deflationary currerency. With institutions adoption coupled with fomo retail investors, it is likely for bitcoin to cross $50000, and possibly $60000. If these do not happen this time, it will still happen later in which Bitcoin will cross $100000. These are certainties, it will still become things of the past when bitcoin attain $2 trillion and more.

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January 14, 2021, 09:02:31 PM
 #3

I will like to make my comment using bitcoin only, bitcoin is likely to cross $100,000 as predicted by some analysts, but if this will happen, it will be as a result of institutions that are more investing in bitcoin, Bitcoin price is still in its low stage, it will still increase because it is a deflationary currerency. With institutions adoption coupled with fomo retail investors, it is likely for bitcoin to cross $50000, and possibly $60000. If it did not happen now, it will still happen later in which Bitcoin will corss $100000. These are certainties, it will still become things of the last when bitcoin attain $2 trillion and more.

I want to aim the 50k first before seriously thinking about 100k. That's a long way to go but it is possible if more financial institutions will pour their assets into crypto. And if adoption among individual users will go strong in the coming days or years, such price level is really attainable. That means, we will be seeing a higher percentage of users as well as merchants accepting crypto. Let's hope that transaction fee will be competitive in the market and will not be a burden for small crypto users.
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January 14, 2021, 09:22:17 PM
 #4

Break that 40k first before talking about 50k or 60k or 100k. This would be a bumpy ride and this cant be easily achieved in a short span of time
but well here on crypto we can see prices that can shoot up without even realizing nor expecting for it to happen.Let the market move on its
own and also its better to cherish nor utilize these movements for you to make out some bucks and not just sit down and just
waiting for you to enter when its already high.

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January 14, 2021, 09:27:17 PM
 #5

$100k still far from the way it looks but it looks like it will be...
we have already seen that when Bitcoin crosses $ 20k it keeps going up and becomes $ 40k. maybe if Bitcoin has reached $ 60k then the price will continue to go up to $ 100k or more. I am very optimistic that later there will be more companies that will make Bitcoin their safe haven so that the price of Bitcoin continues to soar.

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January 14, 2021, 10:22:34 PM
 #6

As expected on Bitcoin, we just saw a small pullback and now were back to the level of $40k which is really good to know. If we are able to create another peak this Month, then I’m confident that we can reach the level of $60k in just a short period of time. We have to monitor Bitcoin closely as it gets more volatile in the coming days.
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January 14, 2021, 10:25:18 PM
 #7

The price prediction for bitcoin up to $100k has been heard anywhere. JP Morgan is even telling of $146k and while some other banksters are telling more than that. It is imminent to reach those prices and what's important for this moment is to be patient while waiting for those prices to be reached.
$60k is just another addition of $20k. And we've seen bitcoin just made it within less than a month. From hitting $20k again and after just a very few weeks, it has met $42k.

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January 14, 2021, 10:59:34 PM
 #8

Always mind of the probability on having correction or price decline or some sort of trend change before we would able to reach those numbers and also there are main factors needed before the market could reach up that high. 100k usd isnt something that can be attained without sufficient reason.If adoption is already on the global scale then we can really talk to this but dont rush on minding these numbers
because this will really be just stressing you out because this will really be still a long talk.Lots of speculations and presumptions will be on this price and its better to
stick into low digits first before jumping on to that high.
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January 15, 2021, 02:39:58 PM
 #9

I recently heard predictions from most people about the price of bitcoin reaching $ 100,000. although it is still a long way off, I am sure it will. maybe next year. because it is necessary to see how the current analysis takes us very seriously. not only fully believe because I think bitcoin needs to break some steps like $ 50,000- $ 60,000- $ 70,000 and so on. of course this takes a long time. unless bitcoin holders can crack their passwords after 10 years locked in the wallet which is currently a concern.
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January 15, 2021, 03:48:08 PM
 #10

Predictions are buzzing around the crypto space, with many thinking that it is not that crazy for BTC to reach 100K by the end of 2021.

Seeing how it reached 20K and higher before the end of 2020 is placing a lot of faith in BTC. Not many people thought BTC could make it to 20K, but by the end of 2020 BTC exceeded that by miles. So, depending on whether investors still see BTC more attractive than gold and other traditional methods, it is possible that this bull run may lead to 100K  Grin
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January 15, 2021, 04:07:07 PM
 #11

I like the optimism and even me, who doesn't want BTC to reach $100,000 value. Lots of analysis already although in the end, no one can accurately tell the things that can happen sooner or later.

For now, I like to focus on the realistic prices we can see as of now. $30,000, $40,000, $50,000.

We can see that $100,000 price soon but too early to discuss. Regarding altcoins, we have different views about this so just follow what we think is right.

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January 15, 2021, 04:20:49 PM
 #12

Sure, Bitcoin will be everyone's favorite choice, but that's really good advice from you. "To hold altcoins having marketcaps lower than 50 million". There are a lot of good options.
For me, I also wouldn't mind holding onto other altcoin currencies such as TRX, VET, ZIL, IOTA, and these currencies seem to me that they might fetch a good price if Bitcoin rises to the top of  100K$.

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January 15, 2021, 05:34:20 PM
 #13

It is very likely that Bitcoin when it exceeds the $ 60k level if it manages to reach $ 100k, being above that value many will buy and buy bitcoin due to the emotion that it unleashes in people, apart from the institutions will be ready to buy in the corrections that appear, if it reaches $ 100k I'm sure it will exceed.

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January 15, 2021, 05:41:57 PM
 #14

This might possible that this bull run will lead to the price of $100K at the end of this year and also possibly will not, or it will drop down below $30K but I don't think it will have a further drop below $20K.  For now, we have experienced a short correction, the price has been dropped but I still a healthier market, it will surely resist and ready to rise again.  Though all of these are all my assumptions, I can't be assured it will accurately happen.

Regarding altcoins, you're pretty safe if you will invest in the top 10 altcoins in CMC.  Let's always give a big share to Bitcoin and Ethereum in investment and avoid newly listed projects.

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January 15, 2021, 09:48:38 PM
Last edit: January 16, 2021, 04:04:40 AM by Gozie51
 #15


Lots of analysis already although in the end, no one can accurately tell the things that can happen sooner or later.

For now, I like to focus on the realistic prices we can see as of now. $30,000, $40,000, $50,000.

We can see that $100,000 price soon but too early to discuss. Regarding altcoins, we have different views about this so just follow what we think is right.

So many analyst on bitcoin prediction and that is beginning to confuse many. To be realistic too is better staying with the price and I believe bitcoin is yet to have a correction before this huge price prediction can start up. So if we keep having hope for highvprices , it may bring temptation for a wrong analysis.

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January 15, 2021, 10:00:04 PM
 #16

Predictions are buzzing around the crypto space, with many thinking that it is not that crazy for BTC to reach 100K by the end of 2021.

Seeing how it reached 20K and higher before the end of 2020 is placing a lot of faith in BTC. Not many people thought BTC could make it to 20K, but by the end of 2020 BTC exceeded that by miles. So, depending on whether investors still see BTC more attractive than gold and other traditional methods, it is possible that this bull run may lead to 100K  Grin
We did only hope for the price to reach its ATH but bitcoin did really surprise us a lot when it able to break out even 25k levels or 30k without any effort or hardship or even on a short time period which we hadnt able to see
in all the years where bitcoin is still starting up or to those earlier years.If this run would really continue then expect that we would really be reaching 100k usd in no time even though i wont really believing that it can be attained nor achieved in this year 2021.There would be lots of sell-off points when those big investors or to those who do accumulate while its still cheap.Expect for a bumpy ride and those hopes shouldnt really be
widen to a certain extent on where you arent even making some unrealistic goals in mind.Set and secure profits while you can because this isnt an opportunity that can be seen for a while. Doubts? Im just playing
safely and secure. LOL!

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January 15, 2021, 10:34:04 PM
 #17

Bitcoin is quite stable at the 30k - 40k range and we don't know when bitcoin will be able to break 60k range even when bitcoin is not even broken 50k range too.
We must be a real person. Even when bitcoin can break it and it doesn't mean 100k can be achieved instantly.
We will see whether the chart is still showing the bullish signal or otherwise the opposite thing will happen. It seems like bitcoin failed to break 40k resistance.

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January 15, 2021, 11:28:39 PM
 #18

I want to aim the 50k first before seriously thinking about 100k. That's a long way to go but it is possible if more financial institutions will pour their assets into crypto. And if adoption among individual users will go strong in the coming days or years, such price level is really attainable. That means, we will be seeing a higher percentage of users as well as merchants accepting crypto.
The rally in BTCitcoin is helped by financial institutions and they determine whether the rally would continue breaching new milestones, adoption among individuals is what i want to see as an enthusiast rather than these institutional pump and dump. In terms of merchants accepting cryptocurrency it all depends upon how the transaction fees can be maintained to a certain level with faster confirmation and we might even see regulation in the cyrptocurrency space in the near future and all these will have an impact in the market.

Let's hope that transaction fee will be competitive in the market and will not be a burden for small crypto users.
Till now the transaction fees in BTCitcoin is not that high compared to the last rallies as we could make a transaction with 30 SAT/B and get a confirmation within half an hour which is pretty decent.
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January 16, 2021, 02:52:58 AM
 #19

Bitcoin is quite stable at the 30k - 40k range and we don't know when bitcoin will be able to break 60k range even when bitcoin is not even broken 50k range too.
We must be a real person. Even when bitcoin can break it and it doesn't mean 100k can be achieved instantly.
We will see whether the chart is still showing the bullish signal or otherwise the opposite thing will happen. It seems like bitcoin failed to break 40k resistance.
Understandably, 100k is still a dream for many of us and being practical and realistic about the situation is the most rational approach. We will never know, speculations tend to come true and everyone back then did not believe that bitcoin will ever reach a certain amount but then it happened, there is no divine mystery behind, it is all just a matter of time that we will reach this mark and everyone will be celebrating. Investors are still pouring their money so the resistance might be broken in just a matter of time now.

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January 16, 2021, 06:47:57 AM
 #20

Bitcoin expected to hit $100k, so it should surpass $60k to reach that level, I wouldn't say $100k is the limit but it still far ahead. First, bitcoin has to establish strong support above $40k then we can speculate about $50k, then $60k. Eth and Ltc are the best two coins after bitcoin, the market fluctuates following bitcoin but only those two coins manage to hold a good position although other altcoins drop against the rise of bitcoin.
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