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Author Topic: How fast do you think will Bitcoin reach $100k?  (Read 1743 times)
Kittygalore
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April 03, 2021, 09:16:21 AM
 #21

~

The words "tax evasion" should not be taken lightly though. The government runs on the money from the person living on it - that is the point of taxation. Pretty sure the companies running there are on surveillance but not enforced since they are registered there.

The more people attempt to use bitcoin as a tax-safe haven the more crackdown from governments and non-lenience from them towards bitcoin. Such a stance is selfish from the perspective of others who are not into bitcoin yet, maybe willing to.
There is a reason why I call them tax evasion hubs and that is because they are tax evasion hubs, don't worry about tax evasion because normal people don't engage in that foul activity, the filthy rich people and illegally earned money though, they are the number one customers of this tax evasion hubs, remember the Panama papers where a lot of celebrities and powerful people are evading taxes? The reason that the government cracks down on tax evasion is because the people who commit this acts are not aligning to their interests.
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April 03, 2021, 09:22:13 AM
 #22

I think it is very likely for us to see Bitcoin price reaching at least $100k before the end of this year. Because so many beneficial things for the price continue happening and as long as we see this kind of news, it will be inevitable for the price to go to the moon.

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April 03, 2021, 10:08:37 AM
 #23

We don't know when it will reach $100k but I know that it will happen soon.

Bitcoin started from $0 to $19k+ all time high and that's a process, it took a lot of time and years before bitcoin reached that milestone.

I think that bitcoin will slowly achieve that $100k mark maybe 2 years from now. There's nothing impossible in bitcoin because this is the hope of the people to achieve development.

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April 03, 2021, 10:58:03 AM
 #24

Day by day, Bitcoin is getting closer towards crossing the $60k range. The pioneer cryptocurrency has grown in popularity over the past years, becoming an extremely valuable asset that often compares itself to Gold. With Elon Musk, and some companies like PayPal and VISA joining the game, it shouldn't be long enough before BTC reaches new heights. Some experts predict that Bitcoin could go as high as $100k by the end of the year. Others predict that Bitcoin will reach $1m within a couple of years from now.

The question is, how fast will Bitcoin reach $100k? Will the ever-rising demand from mainstream companies and institutional investors make Bitcoin reach this goal in less than a year? Or will it take longer? Given that Bitcoin has reached $60k within a year, looks likely it'll reach $100k by the end of 2021. For what I know, everything is just pure speculation. It's always best to reap profits whenever you see the opportunity to do so before it's too late. If you end up waiting for BTC to reach a new ATH, you might lose it all in an instant.

What are your thoughts? Huh

Just like what you have mentioned everything was speculation, we even not sure if Bitcoin will really hit the $100k mark this year but I do hope. Since we are only on half of the year there are still a lot of things that might happen and I believe there are still few big institutions that are not done accumulating or even entering the market so there's a chance that we will hit the six-digit number. Currently, we are having a slow phase, were are about to hit $60k but I think the resistance was too strong to break so it will definitely take time before we saw Bitcoin at $100k. Regardless, is still better for us to have a target profit rather than holding for it to set a new ATH because we don't know how the market will behave after all.



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April 03, 2021, 10:58:21 AM
 #25

All of the prices that have mentioned above is just a guess, no one knows about when the bitcoin will reach $100k but for sure it will happen shortly, we are now at the range of $55k - $60k which is considered as the ATH, a lot of companies and countries are now exploring the world of cryptocurrency and that's why bitcoin keeps on holding at the rage even though it foes down a little bit but rise up right away because of a certain company who bought bitcoin for investment.

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April 03, 2021, 11:18:34 AM
 #26

Day by day, Bitcoin is getting closer towards crossing the $60k range. The pioneer cryptocurrency has grown in popularity over the past years, becoming an extremely valuable asset that often compares itself to Gold. With Elon Musk, and some companies like PayPal and VISA joining the game, it shouldn't be long enough before BTC reaches new heights. Some experts predict that Bitcoin could go as high as $100k by the end of the year. Others predict that Bitcoin will reach $1m within a couple of years from now.

The question is, how fast will Bitcoin reach $100k? Will the ever-rising demand from mainstream companies and institutional investors make Bitcoin reach this goal in less than a year? Or will it take longer? Given that Bitcoin has reached $60k within a year, looks likely it'll reach $100k by the end of 2021. For what I know, everything is just pure speculation. It's always best to reap profits whenever you see the opportunity to do so before it's too late. If you end up waiting for BTC to reach a new ATH, you might lose it all in an instant.

What are your thoughts? Huh

I believe that 1BTC will be worth $ 100,000 by the summer of this year. The fact is that the situation in the traditional financial markets is increasing and many large companies are looking for assets to preserve their funds. Bitcoin is one of the best assets that can give them this opportunity, and already now we see how these companies are investing in BTC and other crypto currencies. It is worth noting that this denunciation is only growing and investments in BTC are growing every day. All this makes it possible to increase the price of BTC and, as a result, show a new ATH every time. 2021 is the year of crypto growth and if you would like to save your funds and also earn, then BTC is what you need.
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April 03, 2021, 12:02:48 PM
 #27

Well, according to my knowledge, less than a year is possible. Institutional investors are the main force handling this bull run. I respect them because they choose to be the leaders in adapting new technology. Moreover, it is undoubted that sooner or later, bitcoin will be realized as a promising asset because of its decentralized and the capability to against the fiat inflation

However, Is prediction necessary? We all know that bitcoin has the prospective to grow over $100000 or even $1000000 due to be the pioneer and famous cryptocurrency. People right now are comparing bitcoin with gold which imply how much valuable bitcoin is. Investing and holding is the best choice for anyone who wants to be rich with bitcoin. This asset will soon become the most valuable one on the planet because we are heading toward the digital age where computer, cloud mining, IOT, artificial intelligent determine the future   Roll Eyes Roll Eyes

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April 03, 2021, 01:57:29 PM
 #28

I do not know when bitcoin will reach $100k as we do not have the correct sign. If that can happen this year, that will be the best news for us because we will make a big profit this year. When bitcoin can jump and break $65k this month, it can increase to the next higher price, but we will another correction that will happen. But bitcoin price will reach that price sooner or later, and we need to be patient and still try to earn more bitcoin from trading.

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April 03, 2021, 02:08:30 PM
 #29

Day by day, Bitcoin is getting closer towards crossing the $60k range. The pioneer cryptocurrency has grown in popularity over the past years, becoming an extremely valuable asset that often compares itself to Gold. With Elon Musk, and some companies like PayPal and VISA joining the game, it shouldn't be long enough before BTC reaches new heights. Some experts predict that Bitcoin could go as high as $100k by the end of the year. Others predict that Bitcoin will reach $1m within a couple of years from now.

The question is, how fast will Bitcoin reach $100k? Will the ever-rising demand from mainstream companies and institutional investors make Bitcoin reach this goal in less than a year? Or will it take longer? Given that Bitcoin has reached $60k within a year, looks likely it'll reach $100k by the end of 2021. For what I know, everything is just pure speculation. It's always best to reap profits whenever you see the opportunity to do so before it's too late. If you end up waiting for BTC to reach a new ATH, you might lose it all in an instant.

What are your thoughts? Huh

All he says makes a lot of sense, when as much institutional investment is entered, it is very likely that the process of upward trend is faster than normal, when we compare the market in 2017, everything was without much institutional participation and $5k - $6K passed a ATH of $20k, of course, the whales that were at that time, I think they have not yet entered into play, even in this 2021, it is difficult to make comparisons because they are very different moments, with different circumstances.

Everything points out that a large survey can be given at Bitcoin's price, all normal conditions are given in the market, the only thing is that we are at a stage that there is a world pandemic, where it can easily go into panic, seeing it from the point Speculative view of the market, at any time we can see a good bull race, so much that it can reach $80k. I do not do a lot of technical analysis, but according to the way the market comes out sometimes when I study it following the Wyckoff methodology, I see that by eliminating the offer that is now $59K- $60K can achieve high numbers, because They are never priced levels before explored, the idea that it touches the $100k can not be discarded, since many are waiting for it to come there to sell.

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April 03, 2021, 02:25:24 PM
 #30

The question is, how fast will Bitcoin reach $100k? Will the ever-rising demand from mainstream companies and institutional investors make Bitcoin reach this goal in less than a year? Or will it take longer?

Most believe it will happen in a few months, by the end of the year at the latest. But all there is only speculation based on how this bull run must be at least x5 or x10 compared to 2017 in order for the pattern from the past to be confirmed.

As things stand now, it is evident that the price is stuck between $50k, which is the lower limit, and $60k, which has proven to be an extremely strong point of resistance at least 4-5 times so far. To move up, it looks like we will need some new big news, because Tesla, PayPal and MS are already getting a bit cold - and even if someone buys via OTC, it doesn't directly affect the price.

At the beginning of the year, I wrote that an average growth of $6000 per month would result in a price of $100 000 by the end of the year - and for now we even have an average growth of $10 000 per month (from $30 000 at the beginning of the year - $60 000 to date).

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April 03, 2021, 04:03:58 PM
 #31

Indeed, many investors will have the same target i.e $100.000 per one bitcoin. A years ago before we have seen the previous all time high $20.000 most prediction will say $20.000 is the first target and $40.000 is the second target but now we already passed the both target and most investor will say that $100.000 is the next target.

As for how fast its price will be reached, actually we don't know exactly the target will be achived. Currently, its price movement just make a sideaway market, after we closed to reach its previous all time high $62.000 but we failed to reach it. Seem like (my prediction) its price will fall first to take some entries price at the lower price and after that we will see the $100.000 will be reached easily.
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April 03, 2021, 05:16:50 PM
 #32

Bitcoin won't reach $100k in a single run. Maybe it will reach there after three to four turn. At each circle the price might increase 13-15% within a week then it will have a small correction, stability and another upward move after few weeks. Overall it may take upto four months to reach that mark. Even it can happen quickly. So enjoy the market movement and hold your BTC!

R


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Ararbermas
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April 03, 2021, 05:46:27 PM
 #33

If we were talking about how fast it will be able to reach that value.  Uhm for me i think it always depends on., what are the situations will keep occuring in the market until this year end. because you know there are some corrections in the price before it grows constantly and also manipulation something like that, so we can't  tell more especially now since the price can't even exceed more above $60k.  For now i think let's just talk about the current situation. Maybe much better, I guess..
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April 03, 2021, 07:47:43 PM
 #34

Depends on a lot of factors, if there will be another good news, like big companies being reported to invest billions on bitcoin, then it will accelerate. Maybe 3rd quarter of this year. Otherwise, we might have to wait for the market to really take it' natural course to $100k, early to mid 2022 might be the 'worst' case scenario.

Aren't you too much bearish on the bitcoin price action ? We are hoping to see 250,000$ by the end of 2021 and you are saying that we will see 100,000$ by 2022  Huh
I think the next two months are very important and if bitcoin has to reach big milestones in the bull run then it may reach $100,000 within two months.

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April 03, 2021, 10:30:45 PM
 #35

Bitcoin won't reach $100k in a single run. Maybe it will reach there after three to four turn. At each circle the price might increase 13-15% within a week then it will have a small correction, stability and another upward move after few weeks. Overall it may take upto four months to reach that mark. Even it can happen quickly. So enjoy the market movement and hold your BTC!
I am no longer surprised by anything about bitcoin's growth given the previous history, but I am not sure that we will be able to see a price of $ 100,000 in 4 months. I think that some growth will continue until the beginning of the summer, and in the summer there will be some calm and even a correction. The main events will develop in the fall and if everything goes well, then we will be able to see this cherished price.
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April 03, 2021, 10:30:54 PM
 #36

i was about to comment not fast earlier because of the situation where btc is thinking twice if it will hit 60k or not but i changed my mind after i saw this thread https://bitcointalk.org/index.php?topic=5328155.0  . the long wait is over because paris hilton just joined bitcoin . she is more than just a celeb because she is super rich . i think btc is now going to reach 100k by next year around 1st or second quarter  
Is this really a legit one or just a meme to hype because as far as I can see the price of Bitcoin isn't moving anymore beyond ATH which is $61k. March is really a red month but we're already in April but the same movement is just happening just like in March or I'm just too excited to see a new ATH? lol

Anyway, maybe next week or in the middle of the month we will see a new price action because I think it's a slow process of reaching $100k. Although we've seen lots of large institutional investors joining in crypto world but the price seems not yet ready to break the $61k resistance or is it just the effect of last Months curse. Cheesy

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April 03, 2021, 10:55:28 PM
 #37

What are your thoughts? Huh
Not really minding much on how fast we would get there.What we need is adoption and recognition and once we had able to attain that then high prices or ATH's would normally comes next.

I cant really blame out people on why they do hurry up on going to 100k but we shouldnt really be that too fast in a span of few months since from last quarter of 2020.

Lets look on how far we've grown in a small time frame.Looking it on a bigger picture then it is just really too fast.I wont say that im too paranoid for the drop or crash
but it isnt already convincing that these pumps are organic ones.
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April 03, 2021, 10:57:46 PM
 #38

I gotta be more conservative with my prediction, bitcoin is already in the state of bull run and it seems like the bull run is slowly expiring now, hence I believe another correction will come before we reach a new high which lead to $100k and I think that would not be this year.

Maybe a year or 2 from now, we will see that $100k.

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April 04, 2021, 12:21:38 AM
 #39

The question is, how fast will Bitcoin reach $100k? Will the ever-rising demand from mainstream companies and institutional investors make Bitcoin reach this goal in less than a year? Or will it take longer? Given that Bitcoin has reached $60k within a year, looks likely it'll reach $100k by the end of 2021. For what I know, everything is just pure speculation. It's always best to reap profits whenever you see the opportunity to do so before it's too late. If you end up waiting for BTC to reach a new ATH, you might lose it all in an instant.

What are your thoughts? Huh
How Fast?? Faster than we could ever imagined Cheesy. Do we know that Bitcoin move from around $10,000 last September to around $60,000 in just a span of 6 months. I believe that Bitcoin will repeat that move in the next years and that will be the time when it will hit the $100,000 price. When will that happen?? I don't know.

$100,000 or $1m by this year is possible but the chances of it happening is low IMO even though there are popular companies and establishments that are adopting it, I still believe into the fact that markets are moving in cycles therefore we might see a potential bear market before it will reach to at least a hundred thousand dollars.

Since I'm thinking that crypto markets are always moving in sideways, I already made a sellout strategy and I hope that most of you made a strategy too Smiley. There is nothing wrong with the experts predicting the price of Bitcoin at the end of the year but the best thing to do is to take some profits. If you are one of those investors who bought Bitcoin at the peak of 2017, don't do the same mistake again and take some profits with you Smiley.

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April 04, 2021, 08:10:55 AM
 #40

We can see this year or not, depending on how bitcoin wills stay bullish.

It's current bullish but we don't know if the bullish run will end soon and we will start seeing a dumping of price due to correction.
IMO, $100k is easy but it's not gonna happen this year, we have enough this year already I think we need to see a correction first before the $100k.

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