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Author Topic: If bitcoin surpasses the $60K level then it will hit higher than $100K  (Read 980 times)
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February 13, 2021, 11:51:37 PM
 #41

$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.

This is true that $100k will still be a long way to go but if you were to apply it way back in 2012, no one expected its price to skyrocket above the $20,000 range.

The key here is to HODL for long-term. I learned this the hard way because upon checking the total number of my received bitcoins (from campaign signature earnings since 2018) it amounted to around $18,000 at its current market value. Imagine, if people were to HODL this year (2021) then what would its price maybe 4-5 years from now? Expect it to at least (maybe?) double its price in the very near future.

Everything is possible when it comes to BTC. It always surprises it HODLERS with un imaginable price movements. One year ago we couldn't predict that it will surpass 48K in just 12 months but it did. The current BTC chart on weekly time frame reflects strong uptrend of BTC and it might go beyond 100K during 2021.



https://www.tradingview.com/chart/BTCUSD/KOuAxudu-Bitcoin-Weekly-Says-100K-Long-Term-Chart/









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February 14, 2021, 08:16:28 AM
 #42

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


No, It will not happen immediately. Bitcoin will topped out near 62,000$ and then we may retracement back to 50k. I would suggest people not to fomo for 100,000$.  Bitcoin will achieve this target but it may take few months.
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February 14, 2021, 04:40:23 PM
 #43

~
It's possible from how the 49k is about to break 50k mark right now but I would still expect a lot of correction before that happens so there's that.
Many tokens are surely for the sell, because many would probably convert their tokens to BTC once that breach happens but hey we still don't know what's going on in each investor's minds.
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February 15, 2021, 04:42:33 AM
 #44

If that will ever happen, It won't be the work of famous figures in the industry but rather because of the institutional investors slowly getting their investments right with Bitcoin. After the Tesla news, I believe that it attracted a lot of institutions to do the same and I believe that's going to be a big jump for Bitcoin. Bank of NY Mellon last week even said it formed a new unit to help clients own and trade digital assets.

I have been watching BTC on KuCoin and I've seen it hit the ATH just recently, Bitcoin was consolidating under the $38,000 resistance area for a prolonged period. This presented a risk to the short-term bull cycle of Bitcoin. Resistance is quite strong on $49900 though so I advise everyone to be really careful trading.
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February 15, 2021, 11:59:05 AM
 #45

If that will ever happen, It won't be the work of famous figures in the industry but rather because of the institutional investors slowly getting their investments right with Bitcoin. After the Tesla news, I believe that it attracted a lot of institutions to do the same and I believe that's going to be a big jump for Bitcoin. Bank of NY Mellon last week even said it formed a new unit to help clients own and trade digital assets.

I have been watching BTC on KuCoin and I've seen it hit the ATH just recently, Bitcoin was consolidating under the $38,000 resistance area for a prolonged period. This presented a risk to the short-term bull cycle of Bitcoin. Resistance is quite strong on $49900 though so I advise everyone to be really careful trading.

Im hoping that Bitcoin will be over $100,000 for this year, it keeps on growing and growing as more institutions are coming in and investing on it which means that it will make price pump even more. We just need to hope that the bubble wont snap just like what happened years ago, or else all of us specially big companies will be doomed in an instant even tho we can just hodl and wait for the pump again for years.
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February 16, 2021, 11:50:15 AM
 #46

In my Binance pop-up notification, it says that Bitcoin is just $50 shy of reaching $50k. Wow that was close! I certainly believe that when it is gonna reach $60k, the bullish momentum would really go even further and the possibility to reach $100k per BTC. I can see that coming, possibly this year but no promises.

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February 16, 2021, 10:18:57 PM
 #47

in my prediction btc will increase to $ 70k and then it will continue its bearishness for years. because too many people are taking profit of the current bull market. we can buy it back when the price has fallen too deep.

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February 16, 2021, 10:25:05 PM
 #48

In my Binance pop-up notification, it says that Bitcoin is just $50 shy of reaching $50k. Wow that was close! I certainly believe that when it is gonna reach $60k, the bullish momentum would really go even further and the possibility to reach $100k per BTC. I can see that coming, possibly this year but no promises.

If reaching $100k before is just a dream, now, it is turning to a possibility.
Maybe not this year, but in the few years to come.
As more and more companies are going into crypto, and more merchants integrating crypto in their payment system, it is no doubt that we will increase crypto adoption.
And with the increase in adoption comes the demand in the market, which will eventually, affect its price.
But right now, plan conservatively, so you will not be disappointed if it will not happen within your targets.
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February 17, 2021, 03:39:20 AM
 #49

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.

It may be the next prediction in the bitcoin price. Over a long time, the price of bitcoin was predicted to the value of 20,000$.But now it had crossed that and in additional it reach the value of  40,000$.Now the prediction was up to the next level of 60k$.But their is no wonder on this.And I don't think it will reach 100k$ in a period of two years.

yeah i thought so too, 100k might be the target in the next bulls. and the next bull market will not be there before the bears occur. So it won't happen in this immediate future. maybe during the next halving or when bitcoin has reached the max supply. I was more worried about the impact it would have if this target came true. Bitcoin dominance will certainly get stronger and altcoins will be under heavy pressure in the future.

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February 17, 2021, 04:05:09 AM
 #50

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


Of course that would be the next target because Bitcoin designed and being used as the value increases ( well as long as it is Mineable ) i don't know what will happen after all the Bitcoin was mined since i'm sure even the next generation from me won't witnessed that time.

But the thing is how long we will wait for the 100k to be reached because we already Hit 50k last night and continues to come and back today but cannot seems to stay long time.

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February 17, 2021, 04:53:39 AM
 #51

bitcoin is already at 50k usd wont you not consider this price @op for btc to become 100k usd someday ? i think you should because it was only a small difference , its just 10k usd before we hit 60k usd .

Quote
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

oh no it looks like this prediction of yours is a failure because theres many altcoins that arent in the top 5 spot and also have a billion cap/supply but still manage to pump and achieve thier new all time highs and one that is memorable of them all is the doge coin  .  eth didnt also drop but it did rise but its funny that its transaction fee are also pumping lol  .
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February 17, 2021, 06:41:48 AM
 #52

I do believe that there is a chance we could probably lose a lot of money with this if we keep it up, obviously bitcoin is looking strong but there are tons of people who are doing things that are very risky just because bitcoin has been decent for the past few months. I get that bitcoin did a whole 5x and even 10x if you think about last march, but that doesn't mean that it should be doing that again. If we move above 60k we would be still quite high and doing another 40k+ on top of that would be very risky.

I am not saying it can never be 100k, in fact I believe it will 100k one day or another for sure, all I am saying is that we should be careful. What can you do? Have a relaxed stop loss, price is at 60k? Put a stop loss at 40k and you will be at least a bit more ready for a drop if it happens.

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February 17, 2021, 07:16:01 AM
 #53

In my Binance pop-up notification, it says that Bitcoin is just $50 shy of reaching $50k. Wow that was close! I certainly believe that when it is gonna reach $60k, the bullish momentum would really go even further and the possibility to reach $100k per BTC. I can see that coming, possibly this year but no promises.

If reaching $100k before is just a dream, now, it is turning to a possibility.
Maybe not this year, but in the few years to come.
As more and more companies are going into crypto, and more merchants integrating crypto in their payment system, it is no doubt that we will increase crypto adoption.
And with the increase in adoption comes the demand in the market, which will eventually, affect its price.
But right now, plan conservatively, so you will not be disappointed if it will not happen within your targets.

That's reality, there are  many institutional investors who are now inside this market. With huge amount of money that they can play and invest around, that dream are now starting to fulfill.

Almost in $50K level now and the market still showing green sign, this bull is continuing and it's been there with pressures that it will be move more upwards, we can't really assume the exact time frame but the possibilities that it will reach $100K is no longer far from reality it's just a matter of time and additional newcomers who will also invest decent amount of money.

With more known names from financial market, Bitcoin will gain more exposures, it's not hard now since social medias can
reached more audiences more interest will flows with some good hypes coming from influencial names from the business sectors.

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February 17, 2021, 07:23:11 AM
 #54

i don't think so, the price of any coin or token cant be predicted. but there are also many lately whose views remain on technical analysis, but, basically it depends on the fundamentals of the coin, one of which is bitcoin. when Tesla invested in a sizeable amount of bitcoin, it had a huge impact on the current price of bitcoin.

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February 17, 2021, 07:45:40 AM
 #55

Right now we are above 50k, and not like yesterday when it touched for a flash, now it is just climbing higher and higher. I would think that it would be 50k that triggers a new high but why 60k and not 75k which is the more psychologically cooler milestone?Smiley

Anyway people, do enjoy this!

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February 17, 2021, 08:04:08 AM
 #56

It will definitely surpass the 60k if we consider the supply and demand even without looking at the chart but using the data we have now in bitcoin which supply on exchanges are getting low everyday as the demand are also increasing everyday it will be the most scarce and in demand asset in the future, I think its still too early to accumulate even at 60k if the target will be a million dollar in the next few years.

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February 17, 2021, 08:24:36 AM
 #57

Sooner or later, bitcoin will surpass the $60k and the price now is at $50k. It could happen this year, and we still have many months before this year's end, so the chances for bitcoin price to go to the next high price still wide open. But before the price goes to that price, we will see many times for the correction that can happen, so we need to prepare for the rollercoaster, but we have the chance to buy back Bitcoin at a low price. If the price can surpass $60k, then the next target price will be at $75k, which is not easy to reach, and if the price can reach $60k in this month or next month, it could attract many big companies to join in the bitcoin world.

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February 17, 2021, 08:30:45 AM
 #58

With how people go crazy with BTC right now specially on twitter trends along with DOGE, new people are jumping into cryptocurrencies as some of the big Billionaires went full on crypto aswell like Mark Cuban and Elon Musk. Plus it reached 50k not that long ago and the momentum hasnt died down either. Its really, REALLY possivle
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February 18, 2021, 01:36:48 AM
 #59

If that will ever happen, It won't be the work of famous figures in the industry but rather because of the institutional investors slowly getting their investments right with Bitcoin. After the Tesla news, I believe that it attracted a lot of institutions to do the same and I believe that's going to be a big jump for Bitcoin. Bank of NY Mellon last week even said it formed a new unit to help clients own and trade digital assets.

I have been watching BTC on KuCoin and I've seen it hit the ATH just recently, Bitcoin was consolidating under the $38,000 resistance area for a prolonged period. This presented a risk to the short-term bull cycle of Bitcoin. Resistance is quite strong on $49900 though so I advise everyone to be really careful trading.
That is a possibility however I am more inclined to believe that what we are going to see in the near future is that more institutional investors are going to reveal that they had already invested in bitcoin, I say this because the price is already very high and while it is obvious that institutional investors have the money to invest in bitcoin at whatever price they want I am not so sure they will be too eager to come to this market when the price is already too high, most likely they have been buying all the bitcoin they could when the price was under 10k and right now they are just holding.

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February 18, 2021, 01:50:40 AM
 #60

Bitcoin prices Cross now to an All-time how of 52k USD and I think its price still grow to 60k.
It sure has an effect on some big companies again announcing that they are investing in BTC

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