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Author Topic: If bitcoin surpasses the $60K level then it will hit higher than $100K  (Read 1096 times)
South Park
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March 07, 2021, 06:19:48 AM
 #101

I'm not saying bear market starts now. What the next bear market will be depends on how high the Bitcoin price jumps. If it stops below $100k, then there may be a slight bear market. However, if a new ATH is formed above $200k, the price drop will be very sharp and we will probably be watching the red charts for the next 2 years after such a large market collapse, which could cause a return to the 2018 price.
Even such thing is very unlikely, a price below 5 figures is gone for good, bitcoin has the tendency that once there is a bull market the new low is still above the previous ATH that was broken during that bull run, this means that I do not really expect the price to fall below 20k ever again, and there are many reasons to think this is accurate, institutional investors have stronger hands than what we saw in the past which means we are going to have less panic sellers which will reduce the size of any crash we may experiment when the bull run is over.
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March 07, 2021, 06:45:18 AM
 #102

maybe in 3years it can really happen.
It may happen in less than three years and you will see massive adoption will be happening with bitcoin and altcoin soon. There are lots of traders are stlll believe if we are not yet reaching the end of the bullish trend.


For now, is just really hope that the value of BTC stable.
It seems like bitcoin is quite stable now but it's steadily growing too. We can just hope there will be a good news to come soon.
Crypto needs a really big news to create FOMO again.



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MCobian
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March 07, 2021, 08:13:35 AM
 #103

Bitcoin price is currently very stable at $ 45k - $ 50k, so I agree that in the near future the Bitcoin price if makes it past the $ 60k price.
So Bitcoin will continue the bull run up to $ 100k, and the good thing is Bitcoin hitting the $ 100k target is very likely to be achieved this year.
Moreover, seeing more and more institutions investing in Bitcoin today, it should make Bitcoin even more desirable. This will make the price of
Bitcoin continue to rise. So who already owns Bitcoin now, don't be in a hurry to sell the Bitcoin that we have. Because if it is true that the Bitcoin
price reaches $ 100k, it will definitely give huge profits to Bitcoin holders.

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March 07, 2021, 09:38:30 AM
 #104

Bitcoin price is currently very stable at $ 45k - $ 50k, so I agree that in the near future the Bitcoin price if makes it past the $ 60k price.
So Bitcoin will continue the bull run up to $ 100k, and the good thing is Bitcoin hitting the $ 100k target is very likely to be achieved this year.
Moreover, seeing more and more institutions investing in Bitcoin today, it should make Bitcoin even more desirable. This will make the price of
Bitcoin continue to rise. So who already owns Bitcoin now, don't be in a hurry to sell the Bitcoin that we have. Because if it is true that the Bitcoin
price reaches $ 100k, it will definitely give huge profits to Bitcoin holders.
You said that institutions are investing heavily in bitcoin but at the moment the value of bitcoin just starting to go sideways, this is a clear contradiction, good news but in return, the value is not increasing, sometimes even very sudden price drops. Even though the support level is still relatively strong in the price range you said but given this general situation, new prices cannot be broken in a short time, besides, bitcoin has risen too much, psychology of people are tending to take more profits, instead of continuing to be patient

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March 08, 2021, 06:55:42 AM
 #105

We might see some investors from the end of 2020 deciding to cash out as the first quarter of 2021 draws to a close.  It could just be a dip in the markets as has happened this last week when BTC went below $50,000 for a few days, or, it could drive the price down $15,000 (or more) if investors are rattled by the sell-off.

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March 08, 2021, 08:13:17 AM
 #106

I also think it will surpass $60000, however the current problem has had a lot of changes, the market is not as new to as many people as it was in its early stages. And now we see new investors, they are all large financial institutions that shows the attractiveness of the market and the possibilities that blockchain technology brings. I believe the bitcoin story in 2021 will not end at less than $100,000.

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March 08, 2021, 10:30:48 AM
 #107

In the event that we can make another pinnacle this Month, I'm certain that we can arrive at the degree of $60k in a brief timeframe. We need to screen Bitcoin intently as it gets more unpredictable in the coming days. To be practical also is better remaining with the cost and I accept bitcoin is yet to have an amendment before this colossal value expectation can fire up.

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March 09, 2021, 09:51:24 AM
 #108

You said that institutions are investing heavily in bitcoin but at the moment the value of bitcoin just starting to go sideways, this is a clear contradiction, good news but in return, the value is not increasing, sometimes even very sudden price drops. Even though the support level is still relatively strong in the price range you said but given this general situation, new prices cannot be broken in a short time, besides, bitcoin has risen too much, psychology of people are tending to take more profits, instead of continuing to be patient
Going sideways and companies going into crypto are not contradicatory, why? Because these companies do not make moves every single day, and when they do that you hear about it, that is why they may not be doing it right now, this exact moment, but have we seen microstrategy buy over a billion dollars worth of bitcoin? Yes, we have, have we seen grayscale buy bitcoin? Yes we have, what about tesla? Microsoft? All those other ones?

We have seen many companies buy bitcoin and that is why I think it is quite obvious that we are in a good situation right now from companies buying but they are not doing it every single day. So, right now we could be going sideways because they are not buying this exact moment, but that doesn't change the fact that they already bought a lot, and they will buy a lot in the future as well, that will make it go upwards instead of sideways when it happens.

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March 09, 2021, 10:19:17 AM
 #109

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.
That is a dream for now and never expect too much for not to fail more.
We might see some investors from the end of 2020 deciding to cash out as the first quarter of 2021 draws to a close.  It could just be a dip in the markets as has happened this last week when BTC went below $50,000 for a few days, or, it could drive the price down $15,000 (or more) if investors are rattled by the sell-off.
today Bitcoin climbing near to 55,000$ again.

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March 11, 2021, 04:50:19 AM
 #110

Bitcoin price is currently very stable at $ 45k - $ 50k, so I agree that in the near future the Bitcoin price if makes it past the $ 60k price.
So Bitcoin will continue the bull run up to $ 100k, and the good thing is Bitcoin hitting the $ 100k target is very likely to be achieved this year.
Moreover, seeing more and more institutions investing in Bitcoin today, it should make Bitcoin even more desirable. This will make the price of
Bitcoin continue to rise. So who already owns Bitcoin now, don't be in a hurry to sell the Bitcoin that we have. Because if it is true that the Bitcoin
price reaches $ 100k, it will definitely give huge profits to Bitcoin holders.
The chances of this happening will depend on what governments will do from now on, things are slowly going back to normal thanks to the vaccines but the economic situation of the world is still dire, if governments keep printing money as they have done during the last months then I will not be surprised if the 60k level was broken in just a few weeks as investors all over the world finally come to the realization the economy of the world cannot be sustained if governments do not change their monetary policies.
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March 11, 2021, 05:10:43 PM
 #111

We are near of $60k and hopefully within couple of days bitcoin will cross the milestone of $60k. I think bitcoin will touch $100k at the end of this year. For this, we should avoid panic sell and hold for long term.
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March 11, 2021, 05:41:22 PM
 #112

It's possible but catching up to 100k won't be accomplished fast enough it will at least take more years. Indeed, bitcoin price is close to hitting 60k but that doesn't mean it will continue moving upwards, as at least there will be resistance to a major correction which could happen anytime before hitting the target. I agree about the movement of the altcoins you say, because when the price of bitcoin continues to be pumped higher it has been proven that only certain altcoins are able to go with the flow. But unfortunately, this positive movement occurs evenly and we have to consider this more, of course, so that our investments do not get stuck and to avoid losses.

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March 11, 2021, 07:48:27 PM
 #113

Bitcoin seems to be in a parabolic move, but I don't think that it'll be so easy for BTC to break $100k. The resistance near $50k is still holding hard and BTC retests it again and again while even gets under it many times. I believe that $63k is the max we may see BTC at during this year and it'll remain under $40k till next year after which it'll push back hard and break the $100k area.

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March 11, 2021, 08:06:22 PM
 #114

We are near of $60k and hopefully within couple of days bitcoin will cross the milestone of $60k. I think bitcoin will touch $100k at the end of this year.
Like what everyone is believing to happen. Bitcoin is believed to reach $100k for this year and that's really plausible and might happen. It's different than 2017 and 2018 today.
We have 2021 as the new good sign of bull run and this might end up on that price before it actually ends the bull run cycle.
For this, we should avoid panic sell and hold for long term.
Well, many just did from $20k-$50k.

 
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DaMut
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March 11, 2021, 08:12:05 PM
 #115

Bitcoin seems to be in a parabolic move, but I don't think that it'll be so easy for BTC to break $100k. The resistance near $50k is still holding hard and BTC retests it again and again while even gets under it many times. I believe that $63k is the max we may see BTC at during this year and it'll remain under $40k till next year after which it'll push back hard and break the $100k area.
Your opinion sounds reasonable and I thought the same thing too, but on the other hand those experts in trading analysist expect Bitcoin to go 100,000$ in the next few months based on their chart.

honestly speaking I would love to see it too, but at the same time it makes me feel scared. expecting the price to go beyond 100,000$ but in the next day after waking up seeing the price goes down for 50%. it is very unpredictable at this moment, everything can happen.
but I still believe we are going to pass 60,000$ before we are going to see the down.
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March 11, 2021, 08:23:50 PM
 #116

Bitcoin seems to be in a parabolic move, but I don't think that it'll be so easy for BTC to break $100k. The resistance near $50k is still holding hard and BTC retests it again and again while even gets under it many times. I believe that $63k is the max we may see BTC at during this year and it'll remain under $40k till next year after which it'll push back hard and break the $100k area.
Your opinion sounds reasonable and I thought the same thing too, but on the other hand those experts in trading analysist expect Bitcoin to go 100,000$ in the next few months based on their chart.
<<= resized
honestly speaking I would love to see it too, but at the same time it makes me feel scared. expecting the price to go beyond 100,000$ but in the next day after waking up seeing the price goes down for 50%. it is very unpredictable at this moment, everything can happen.
but I still believe we are going to pass 60,000$ before we are going to see the down.

The way you look at this parabolic move to make a crossover above $100k and even $300k as can be seen in the chart, the same way inversely I'm seeing something happening soon. Even if it breaks $60k, I believe there's one more cycle for downside left where BTC will definitely be under $35k if it doesn't continue going up and rather comes down and a new cup formation takes place where BTC will slowly recover back up and then it'll cross $100k.

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Hamphser
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March 11, 2021, 10:42:55 PM
 #117

Bitcoin seems to be in a parabolic move, but I don't think that it'll be so easy for BTC to break $100k. The resistance near $50k is still holding hard and BTC retests it again and again while even gets under it many times. I believe that $63k is the max we may see BTC at during this year and it'll remain under $40k till next year after which it'll push back hard and break the $100k area.
Your opinion sounds reasonable and I thought the same thing too, but on the other hand those experts in trading analysist expect Bitcoin to go 100,000$ in the next few months based on their chart.
~
honestly speaking I would love to see it too, but at the same time it makes me feel scared. expecting the price to go beyond 100,000$ but in the next day after waking up seeing the price goes down for 50%. it is very unpredictable at this moment, everything can happen.
but I still believe we are going to pass 60,000$ before we are going to see the down.

The way you look at this parabolic move to make a crossover above $100k and even $300k as can be seen in the chart, the same way inversely I'm seeing something happening soon. Even if it breaks $60k, I believe there's one more cycle for downside left where BTC will definitely be under $35k if it doesn't continue going up and rather comes down and a new cup formation takes place where BTC will slowly recover back up and then it'll cross $100k.
This wont be a smooth sail ride on where most people been anticipating about reaching the target of 100k for this year.I do also believe that there would be some other deep correction

but wont really be going below in 30k price and if it does then that would be the most deepest or bottom price for this market considering that there are really lots of strong supports

or buy out lines with those levels which its hard to believe that we would really be crashing even more beyond that one.Im not stressing out myself first on reaching 100k.Just cherish out these moving waves
to make money.

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March 12, 2021, 02:45:10 PM
 #118

If Bitcoin  hit 60k dollars it is really possible to reach $100k this is my highest price for the Bitcoin and I want to hit that this year.
$56k now is really nice to see and we still need 4k dollars to reach that price 60k dollars. Those investors who invest to the Bitcoin when price is $1 they will get 100k times of their capital and that is very high percentage of profit that will gives you a good life.

Well i guess predicting that Bitcoin might have a market value of $60000 wouldn't impossible to happen since we are now dealing with a current market value of $54000. But thinking about hitting as higher than $100000 i couldn't figure it out yet though i believe that bitcoin is unpredictable, it is volatile but i guess this value was higher enough to predict at the moment, maybe it could happen after 5 months or a year or maybe end of this year if the demand of bitcoin didn't change.
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March 12, 2021, 08:09:05 PM
 #119

Bitcoin price is now so much volatile. Bitcoin is one of the great and most potential coin in this present time. Bitcoin price is now $57k. I think $60k will cross soon. In my thinking and prediction is that Bitcoin price will hit $100k in the last of this year.

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March 13, 2021, 02:03:28 PM
 #120

So what we've all been waiting for happened - Bitcoin's price is above $60,000 and we have a new ATH. Of course, I would really like to see $100k, but now we should focus on reaching the next level, so $70,000. I think it should be achieved within a month ..

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