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

[DarkDays]

Many of you might have already received the alerts that BITCOIN has reach yet another ATH



We have seen many cooperations looking at BTC as an asset and investing in it, what started as a Tesla support for crypto rolled over into VISA and PayPal. Clearly,

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?

[mediaBuzz]

$70K this month, $200K this year. No whale with at least $1M worth BTC won't be selling their bag at this moment because bitcoin has not got even close to the limit of its potential. Regarding institutional investments, they keep getting involved. A slight drop will cause a bigger rise as tons of people are waiting for any dip to buy.

[cryptomaniac_xxx]

Surprising to see that BTC has surpasses and another ATH has achieved. I haven't check the news if there is some positives that bring the market to this price again. We are still on target for a six digits this year. Every month we have new ATH so it's possible that $100k or more this 2021. So yes, as long as we are still very hot and more institutions and huge companies jumping into the picture. Maybe $100k is just the floor and not the top price, we will see.

[Ewox]

I was actually waiting for Bitcoin to reach a new ATH, saw someone on Twitter and read the charts and said it could possibly reach a new ATH and could reach $70k by end of this month. That'd be a great milestone indeed for Bitcoin to reach a new ATH again and if it could reach $100k by this year, people would be amazed by how Bitcoin moves.

[Poker Player]

I believe it is what most of us are expecting. There is no reliable prediction about the price of less than $100k for this year. It's a simple matter of supply and demand, and the institutions that are buying are not doing so to trade short term, but to protect themselves from massive central bank printing.

[buwaytress]

$70K this month, $200K this year. No whale with at least $1M worth BTC won't be selling their bag at this moment because bitcoin has not got even close to the limit of its potential. Regarding institutional investments, they keep getting involved. A slight drop will cause a bigger rise as tons of people are waiting for any dip to buy.

As crazy as it sounds right now, that's even a conservative estimate compared to some heavyweight predictions floating around (PlanB at 300k and Bloomberg at 400k ha)!

But yeah, $70k would be a nice and convenient figure to aim for this month, and as you say, even the most conservative whale would be waiting for at least 100k before even considering moving BTC out in preparation for liquidation.

Exciting times ahead and we're barely in Q2.

[davis196]

I think that this is more like a price bubble that will burst,rather than a stable growth towards the 100K level.
There will be price corrections and the Bitcoin price will fall below 60K USD for sure.The price correction might not be followed by panic selling,since most of the traders and HODLers have very bullish expectations in the long term,but I'm sure that there will be a price correction.
Anyways,let's just celebrate the new Bitcoin ATH.More ATHs might be coming in the next months.

[Oasisman]

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

I don't entertain predictions beyond $100,000 that much because the most realistic bullish prediction would be $100,000 to be exact.
Bitcoin has been considered as a digital gold even more than before. With the rise of cashless transactions and digital currency because of the global pandemic, Bitcoin is one of the most successful ones (If not the best). Financial institutions keeps coming in and payment processor gradually adopting to Bitcoin. These is enough reason why Btc will hit $100k this year.

[DarkDays]

$70K this month, $200K this year. No whale with at least $1M worth BTC won't be selling their bag at this moment because bitcoin has not got even close to the limit of its potential. Regarding institutional investments, they keep getting involved. A slight drop will cause a bigger rise as tons of people are waiting for any dip to buy.

With so much momentum in the Bitcoin market right now it just feels like the uptrend isn't going to stop anytime soon. I for one will not be surprised if BTC reaches 70K by the end of this month.

The way it has been going up and trying to go above that 60K mark has just been relentless and now we're looking at potentially 70-100K in a few weeks. Anybody thinking about selling now will be regretting it later, given that there's now many that want to panic buy.

[Gozie51]

Anybody thinking about selling now will be regretting it later, given that there's now many that want to panic buy.

This is getting a little confusing here lol When to sell has become a challenge for many hodlers. I guess no body want to regret on dropping. That kind of time that you drop with feeling that price will start going down but it moves up still. Just before bitcoin got to 62k, it was dragging around 57/56k  with people expecting more drop but we are currently at 62k above. When to sell becomes confusing.
I was surprised to see the ATH today and can't say next point.

[BitMaxz]

I'm surprised the price increases again and touch to $63k.
The movement price of BTC is totally different compared to the past after block halving.
I actually think that the price would drop but look at the price right now I can't predict the next milestone but because of NFTs, it helps Bitcoin to reach $63k.

But I heard there is someone before talking about what will be the price of bitcoin in Q2 he said the price will hit at $72k value after that it will drop back to $65k.

So for me, $70k would be the next ATH near end of this April.

[tomahawk9]

only news can keep adding fuel this bull run, and while it's possible the slow growth will keep going without them, i believe the only thing that can make the price skyrocket again and possibly take us to the 6 digits region very quickly is news of a big retailer or big stores in the US store adding btc as a payment method, I'm talking best buy or walmart. Though, if i'm honest, i'd rather see a correction or maybe build a new a floor around the $60k than another spike

$70K this month, $200K this year.

sounds a bit far fetched right now 🤔

[LeGaulois]

Guys, don't you think that the increase we are seeing is caused by Coinbase's listing on Nasdaq? I tend to agree with @davis196, I'm pretty sure we will see a correction soon. No idea when it will happen and It won't be a big one perhaps, probably in 1 or 2 weeks after the hype in media faded.

People are currently rushing on BTC with the goal to speculate on this news and I guess Bitcoin holders are not very inclined to sell and for the same reasons

I wouldn't refuse 100k or even 70k, it's just that I'm a bit skeptical about it

...

Nasdaq listing will start tomorrow afaik no?

I think yeah, it's tomorrow. Not 100% sure 

[snipie]

Guys, don't you think that the increase we are seeing is caused by Coinbase's listing on Nasdaq? I tend to agree with @davis196, I'm pretty sure we will see a correction soon. No idea when it will happen and It won't be a big one perhaps, probably in 1 or 2 weeks after the hype in media faded.

People are currently rushing on BTC with the goal to speculate on this news and I guess Bitcoin holders are not very inclined to sell and for the same reasons

I wouldn't refuse 100k or even 70k, it's just that I'm a bit skeptical about it

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

[onecall123]

Finally new Bitcoin all-time high, but still feeling good. Bitcoin will raise and raise and there is a good potential to change the world as well as our portfolio. I think end of the year we will see 100k. If you don’t invest in Bitcoin now you will end up losing. Most likely with this ATH this is the best an ideal opportunity to get, it's conceivable you'll never see these prices again.

[ice18]

The movements of btc is totally crazy and unpredictable this year starting this pump from October last year 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. 

[BrewMaster]

it is too soon for the $100k talk but we are definitely seeing the speedy rises start again. today was the day of new price records and for now ATH sits at $63657. there is a lot of money being transferred to exchanges to buy bitcoin and also we are seeing another series of altcoin dumps as bitcoin price started growing up again.
all pointing towards bigger prices soon.

what started as a Tesla support for crypto rolled over into VISA and PayPal. Clearly,

BTC is receiving more and more interest day by day.

these are already old news though. what interests me is knowing why was the price kept down for this long?

[skarais]

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

I might agree with that because the market support for bitcoin is still quite strong, so $100K is still quite a possibility. However, sometime the market is so unpredictable that it is still possible to see it change rapidly. We have seen price dump by -15% for some time before the market recover. I know that a lot of people expect $100K to be the price bitcoin will hit this year, and they will be lucky if that hope come true. Maybe we'll see a correction in the future, and as long as it hasn't happened then take advantage of it now.

[palle11]

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.

[SquallLeonhart]

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.