BTC reached ATH 62K - are we on another milestone, 100K?

[Quidat]

Nasdaq listing will start tomorrow afaik no? +$3k surge before the listing is a little bit weird imo but wouldn't rule anything out ofc.
Correction, yeah it will occurs eventually but I hope to see the price hitting $70k before

Corrections always happen but that doesn't mean that there wouldn't a recovery, we will definitely have a recovery for sure, and that is why I rely on whenever the price drops, and that usually ends up with another ATH price as well after that correction. So if the price goes from 63k to 55k or something, that means next time it goes up it will be 65k+ and that is why I do not mind corrections, it eliminates all the people who got scared or felt that it is enough and only the people who want to see more stays behind.

Coinbase could have an impact on this or not, we will never know this because we can never ask people who bought bitcoin why they did that, I mean sure we can do to few maybe but not every single one of them, so we do not have data about why bitcoin goes up in anytime, not just now but ever in history. Which is why anything could be considered possible.

Most people doesnt really like to see corrections but actually these are inevitable things and can really be seen on a healthy market.We cant just expect that price would really be soaring up
continuously and honestly im really waiting up for some price dip rather than on seeing price hike because opportunities do really happens into those correction times where you can
bought some coins for cheap rather than entering into the market on high peak or ATH prices which high tendency for some negative profits when the price starts to correct
but if you do go for long term then these things wont really be an issue.

[magneto]

Absolutely insane price action.

I do think that we will get very close. Whether or not the resistance @ $100k is actually breached is another issue in itself. I think both outcomes are possible - either we see something like 2016 when the bull market abruptly tapered off as the $20k barrier was hit, or the markets continue to rally behind the institutional interest and billionaire backings.

Objectively, the latter is definitely more likely imo. The fundamentals this time round is just much better in terms of a more mature market with major participants who now realise the significance of BTC as a long term store of wealth. We've tapped into a previously ignored market of institutional wealth/asset management as well as pensions.

[decodx]

We are about to see a massive rally. I wish to state from the start that I am not calling for bitcoin to explode to $100k anytime soon. I think that the rally will be sharp and well-supported. But before you can consider a sale, I think you should consider how high you are willing to sell at.  Once you have decided on this point, then you can make your decision.

It is going to be interesting to see what happens in the second half of 2021.

[slapper]

Of course, it is a new milestone. One of the biggest resistance has been breached and the momentum will force the price of bitcoin to enter $70000 zone.

$100000 is absolutely possible but it might take time so always remember to be patient. I think that there will be no more big correction until we reach at least $68000 or above. Bitcoin holders have already accumulated a big number of bitcoin during previous corrections.

My first analysis told me that bitcoin will have a rapid drop when it was around $61000 but it fell only for $3000.

[carlfebz2]

Of course, it is a new milestone. One of the biggest resistance has been breached and the momentum will force the price of bitcoin to enter $70000 zone.

$100000 is absolutely possible but it might take time so always remember to be patient. I think that there will be no more big correction until we reach at least $68000 or above. Bitcoin holders have already accumulated a big number of bitcoin during previous corrections.

My first analysis told me that bitcoin will have a rapid drop when it was around $61000 but it fell only for $3000.

We cant still have that kind of confidence because i do always have the doubt that there would be some sell off on that $70k price level on where those big institutions or investors might be cashing
or securing out their profit on that area.No one really knows.

Majority had been making some entrance on 50k levels and some had been just as early on those $20k price ATH point where considering to put up funds into this market.

For now i have made out some profits when i do make some purchase on $59k and sold out on $62.5k which isnt a bad deal for a short term price action trade.

[philipma1957]

and I saw only one big correction at -20% last Feb and continue the pump that records a new ATH every month $100k is really easy to achieved at this momentum of bitcoin for me I think it can go up to $150k this year considering more and more institutional investors are going in into btc. 

Yes there has not been major and frequent correction since the bull started and because this season lacks proper correction , that is why a little move is really having strong impact on price. Or are we still expecting such major correction?

The past pull of 2017 was coming with a correction that were obvious until it got to $20,000 then before the drop down to below $4,000. I see this year is quite different.

october 2020 to now april 2021 is more like what happened in 2016

which means the real run up has yet to happen.

[DoublerHunter]

^ It is possible that $100k is on our way, it almost every month there is a resistance and it will create a new ATH in just a matter of month gap.
Though we saw an up and down process of BTC price, it will always end up at the higher price. Probably the reason for this sudden growth of BTC price now just because of the news that I have heard last week about big investors who invested in BTC. Nevertheless, none of us happy to see BTC price keep moving, investors are happy to see BTC will dump and holders happy to see BTC price will pump.

[Yaunfitda]

^ It is possible that $100k is on our way, it almost every month there is a resistance and it will create a new ATH in just a matter of month gap.

If the trend continue then definitely, we will see $100k at the end of year.

Though we saw an up and down process of BTC price, it will always end up at the higher price. Probably the reason for this sudden growth of BTC price now just because of the news that I have heard last week about big investors who invested in BTC. Nevertheless, none of us happy to see BTC price keep moving, investors are happy to see BTC will dump and holders happy to see BTC price will pump.

Yep, it will be very hard and it will be a grind to reach $100k as there could be sellers along the $70k'ish and wouldn't mind to take profits. I think the news about Coinbase is what brings the market to $63k today and still going up. But it's a question of what will be the price of BTC after the news, if it will continue to capitalize for some time, reach $70k or will there will be a sell-off.

[Shasha80]

I agree since Paypal, VISA and Tesla decided to invest in Bitcoin, Bitcoin price continues to rise drastically and there is no sign of it going down
anytime soon. Even now Bitcoin continues to create new ATHs, now Bitcoin has managed to hit the ATH price of $ 63k. If Bitcoin's performance is
like this at the end of April it won't be surprising if Bitcoin manages to go up to the price of $ 70k- $ 80k. Then the target of many people that
Bitcoin will hit a price of $ 100k as it is getting closer to being true.

[jseverson]

I've been seeing people meme that Bitcoin will reach 69k on 4/20, and while I thought it was funny, I also thought it was somewhat optimistic. Looking at where we are now though, I feel like the community will make it happen lol.

But yeah, 100k almost feels like an inevitability at this point. I'm dropping this projection here for science. I must say that I'm a bit uncomfortable with how well things are going, but Bitcoin has consistently managed to shatter my expectations, so I'm totally on the 100k train.

[Mr.Scott]

I've been seeing people meme that Bitcoin will reach 69k on 4/20, and while I thought it was funny, I also thought it was somewhat optimistic. Looking at where we are now though, I feel like the community will make it happen lol.

We are just left approximately $5000 to hit $69K so I'm also optimistic and I'm curious how much of a retrace will come tomorrow. what a cryp to bull run so far, BTC is breaking new highs $64K mark. Bitcoin obviously is on a phenomenal run.

[Ararbermas]

The potential of bitcoin now is getting higher every day, i have some alerts as well when there's an improvement happen in the market.. And its gives me goosebumps. Lmao  i was shocked actually because alt season is in the market already..  In my opinion as its very optimistic since day one,  for sure we will gonna see it very high before this year end.

[darewaller]

What do you think will be next for BTC? Some people say it could reach 100K, what do you think?

Testing $100k may not be big task for bitcoin market any more but the big concern would be how far it may march forward beyond $100k because it is still April and we have more than half of year is awaiting to surprise us with some magic numbers. Just recall the 2017 scenario where bitcoin reached the much awaited target of 5 digits in November month itself and in next 3 weeks it got doubled.

So I speculate multiple doubling on the cart this year as well. This way $100k might be just a 25% of what would be the final ATH of current bull cycle. Yes, there are clear symptoms to test $400k by end of this year. Get ready to be surprised till end of this year.

[btc_angela]

I've been seeing people meme that Bitcoin will reach 69k on 4/20, and while I thought it was funny, I also thought it was somewhat optimistic. Looking at where we are now though, I feel like the community will make it happen lol.

We are just left approximately $5000 to hit $69K so I'm also optimistic and I'm curious how much of a retrace will come tomorrow. what a cryp to bull run so far, BTC is breaking new highs $64K mark. Bitcoin obviously is on a phenomenal run.

What scares me though is that after pushing it $69k because of those meme's, what will happen next to the market? It's seems this is a definition of shilling, just like what Elon did months ago for Dogecoin. So it's possible that those who are running this so called at $69k meme will be the first people/group who are going to sell it off for instant profit.

However, this massive run that we have right now looks very solid and I would say unexpected but that is bitcoin for us.

[Fundamentals Of]

Bitcoin is approaching $65,000. And so far it looks like it is not yet through with its current rally. Bitcoin is probably going to break $70,000 within days from now. ATH is now being shattered very quickly as the price is reaching new levels.

$100,000 is very easy within the year. There is high probability it will even be reached within the first half.

[decodx]

I've been seeing people meme that Bitcoin will reach 69k on 4/20, and while I thought it was funny, I also thought it was somewhat optimistic. Looking at where we are now though, I feel like the community will make it happen lol.

We are just left approximately $5000 to hit $69K so I'm also optimistic and I'm curious how much of a retrace will come tomorrow. what a cryp to bull run so far, BTC is breaking new highs $64K mark. Bitcoin obviously is on a phenomenal run.

Yes, Bitcoin at 69k on 4/20 is more important than Bitcoin at 100k on any given date. Fingers crossed!

[LogitechMouse]

BTC is receiving more and more interest day by day.

What do you think will be next for BTC? Some people say it could reach 100K, what do you think?

This is the big effect of the institutions coming into the crypto space. More and more people are engaging into crypto. More and more people are getting curious about it and more and more people are knowing it thus, Bitcoin and cryptocurrency in general are receiving interest on a daily basis.

However with the question if Bitcoin will reach $100k this year, I don't think that it will happen or at least the chances of it to happen this year is very low or close to zero. I know that people are very optimistic at this moment and knowing that Bitcoin pumped again reaching new ATH, investors are more optimistic about it. On the other side, I still believe in cycles that is why I'm getting myself ready whenever a huge correction will happen possible this year though. Don't get me wrong here but I'm not like most of the herd there saying that "Ohh Bitcoin will go to $100K this year" or "Bitcoin will never go down". I like being on the other side even though I'm optimistic about it.

[slapper]

BTC is receiving more and more interest day by day.

What do you think will be next for BTC? Some people say it could reach 100K, what do you think?

This is the big effect of the institutions coming into the crypto space. More and more people are engaging into crypto. More and more people are getting curious about it and more and more people are knowing it thus, Bitcoin and cryptocurrency in general are receiving interest on a daily basis.

However with the question if Bitcoin will reach $100k this year, I don't think that it will happen or at least the chances of it to happen this year is very low or close to zero. I know that people are very optimistic at this moment and knowing that Bitcoin pumped again reaching new ATH, investors are more optimistic about it. On the other side, I still believe in cycles that is why I'm getting myself ready whenever a huge correction will happen possible this year though. Don't get me wrong here but I'm not like most of the herd there saying that "Ohh Bitcoin will go to $100K this year" or "Bitcoin will never go down". I like being on the other side even though I'm optimistic about it.

You will never know how powerful bitcoin is. In the early of this year, I expected that the price of bitcoin will surpass $40000 in June but as you can see, my prediction collapses. So, there is a chance for bitcoin to hit $100000 this year because of those reasons you have mentioned above.

Bitcoin will go down. But not now, the uptrend is very healthy with no big sell-off to determine the peak. I was once doubt bitcoin up trend, but now I doubt the bear can overtake the market

[arwin100]

BTC is receiving more and more interest day by day.

What do you think will be next for BTC? Some people say it could reach 100K, what do you think?

This is the big effect of the institutions coming into the crypto space. More and more people are engaging into crypto. More and more people are getting curious about it and more and more people are knowing it thus, Bitcoin and cryptocurrency in general are receiving interest on a daily basis.

However with the question if Bitcoin will reach $100k this year, I don't think that it will happen or at least the chances of it to happen this year is very low or close to zero. I know that people are very optimistic at this moment and knowing that Bitcoin pumped again reaching new ATH, investors are more optimistic about it. On the other side, I still believe in cycles that is why I'm getting myself ready whenever a huge correction will happen possible this year though. Don't get me wrong here but I'm not like most of the herd there saying that "Ohh Bitcoin will go to $100K this year" or "Bitcoin will never go down". I like being on the other side even though I'm optimistic about it.

You will never know how powerful bitcoin is. In the early of this year, I expected that the price of bitcoin will surpass $40000 in June but as you can see, my prediction collapses. So, there is a chance for bitcoin to hit $100000 this year because of those reasons you have mentioned above.

Bitcoin will go down. But not now, the uptrend is very healthy with no big sell-off to determine the peak. I was once doubt bitcoin up trend, but now I doubt the bear can overtake the market

Now we are dealing with big hypes and the market is covered by many big news so expext this to come as many people now are believing that we can reach it. At the current rate it gives a good sign that sooner the 100k $ mentioned will be reachable so lets just hope that no bad news will came. But I doubt there is as many big companies are riding the train right now.

[traderethereum]

Finally, the bitcoin price reaches new ATH at $64k and although the price now is down and make a correction for a while, the price can still go up higher and still trying to break the next high price.
But we need to be careful because this can attract the price to go down too far to make us panic for more, especially for people who wait for the bounce comes.
Analyzing more will be necessary to find the best time to enter the market or still stay for a while.
If this correction is not staying for long, I think the price will be back to $64k and will break $65k this week, but if it's not, maybe we need to wait for the next week.