sandqueen (OP)
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April 22, 2021, 08:24:19 PM |
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i believe even if bitcoin drops a bit in a month, bitcoin will still hit 100k by end of year! let me know what you guys think
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jossiel
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April 22, 2021, 09:08:32 PM |
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Majority of us believes on that price is reachable by the end of the year. We're seeing bloods in the streets as I type this and bitcoin once again came to $51,000.
But we'll see if this is just a temporary drop, bitcoin will eventually recover and will show us again how resilient it is. We're the 2nd quarter and its first month is about to end soon. There will always be more action that's about to come before this year ends.
Whilst some don't like the correction that occurs, wise investors would take this drop as a pattern to keep more for their stash.
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Baofeng
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April 22, 2021, 10:23:39 PM |
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i believe even if bitcoin drops a bit in a month, bitcoin will still hit 100k by end of year! let me know what you guys think
That is the end game this year, to reach that 6 digit. Every month we have a drop and then new all time high. You do the math, when we are going to hit $100k. Maybe we can hit it much earlier that we though, I reckon. There could be more positive news in the 2nd or 3rd quarter of the year. So expect the unexpected, don't be affected by this drop, this is what we call "healthy correction".
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rhomelmabini
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April 22, 2021, 10:47:58 PM |
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Just buy the dip and that's the sentiment we are expecting. Patience is always the key to win this game just sad to see noobs gonna be outplayed in this situation just because they got a negative portfolio. $100K or higher 6 figures will be the target.
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carlfebz2
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April 22, 2021, 10:55:20 PM |
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i believe even if bitcoin drops a bit in a month, bitcoin will still hit 100k by end of year! let me know what you guys think
Possible but not an assurance! When it comes to future prices then no one can determine on how far it would go.No one did ever even expect or anticipate that bitcoin could reach on the current price on where we standing. This proves out that anything could happen a certain point of time but it isnt guaranteed because everything will really vary on the demand and supply which is a typical stuff. The best thing to do is to secure out your position while bitcoin is making out some corrections rather than freaking out because is is gradually decreasing.
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ultrloa
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April 22, 2021, 11:07:22 PM |
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i believe even if bitcoin drops a bit in a month, bitcoin will still hit 100k by end of year! let me know what you guys think
We are aiming to see that coming by this year but don't focus on that thoughs since there are more important matters which is good to grab like the bloody market happening today. The price is much cheaper so its good to grab some or better do some good trades with this situation. But anything could happen and might we cannot see the predicted price for this year so better be prepared on taking action to gain on bitcoin movement.
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Kemarit
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April 22, 2021, 11:42:46 PM |
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i believe even if bitcoin drops a bit in a month, bitcoin will still hit 100k by end of year! let me know what you guys think
50/50 in my opinion. Of course we wanted to see Bitcoin hits $100,000 by the end of the year. But there are a lot hurdles and bumps a long the way. And to be able to get to that price, we need more institutional money to enter the market, and of course the us retail investors as well. So many 'experts' have predicted a possible 6 digit, so we will have to wait and see. I would say let's be optimistic that it could be breach this year.
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Scripture
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April 22, 2021, 11:43:38 PM |
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i believe even if bitcoin drops a bit in a month, bitcoin will still hit 100k by end of year! let me know what you guys think
I have a big doubt on this and I believe the price of Bitcoin will range to $50k - $65k at the end of the year because for me the hype on the uptrend is slowly fading away and we might see some big corrections. I’m not wishing for another bear market this year and hopefully to see good prices before the year end, time can tell to us.
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pooya87
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April 23, 2021, 05:42:27 AM |
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There are only 2 scenarios for bitcoin: to follow the same 4 year cycle as always or to break free of it.
1) Following the 4 year cycle. This is what I still believe will happen because the past 3 years were exactly the same and there is no reason for 2018, 2019 and 2020 be exactly the same as 2014, 2015 and 2016 then 2021 not be similar to 2017! This means price should reach at least $400k to $500k by the end of this year. In fact the recent drop is a good indication of things being exactly the same as 2017 once again. In 2017 when price went ~3.8x above the previous ATH (2021 version is ~3.3x) it had a similar big dropped 40% and the downtrend lasted for 2 weeks and in 4 weeks price was back to its ATH and in another month it about doubled it (reached $8k). This is exactly the same, after reaching $8k there is some FUD that is causing the exact same crash to get ready for the next launch to a 2x rise reaching $120k by the end of May.
2) Breaking the 4 year cycle This is impossible in my opinion but if it happened we would be in uncharted waters. We could see a consistent rise without any bear market that lasts any more than a couple of weeks. And price by the end of the year could be around $250k at the very least and the rise continues like this for a couple of years.
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Twinscoin2017
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April 23, 2021, 05:55:21 AM |
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i believe even if bitcoin drops a bit in a month, bitcoin will still hit 100k by end of year! let me know what you guys think
Many people really believe that bitcoin will reach 100k$ at the end of the year, well if we put basis on the current price there is a great posibility that the bitcoin will rise up to 100k$, we are still at the month of april so we have 8 months left and i think 8 months is enough for btc to rise up to 100k$, bitcoin has a good start this year I hope that it will still good at the end of the year.
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peter0425
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April 23, 2021, 06:59:21 AM |
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i believe even if bitcoin drops a bit in a month, bitcoin will still hit 100k by end of year! let me know what you guys think
if you will make some Poll in bitcoin price , best to consider giving a prize if who can get correctly or closest lol . ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ I will go for 80,000$ till the end of 2021 , or maybe a little lower like 75,000.
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traderethereum
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April 23, 2021, 08:48:32 AM |
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i believe even if bitcoin drops a bit in a month, bitcoin will still hit 100k by end of year! let me know what you guys think
If $100k is too high for bitcoin to reach, then maybe $70k-$85k will be the next highest target or next ATH for bitcoin for this year. We believe that bitcoin will rise again and this moment is just another correction that always happens to bitcoin and we should use this moment to buy more bitcoin because once the price starts to increase, it will hard to buy bitcoin with some money. After all, the price is already rising higher. Sooner or later, the price will be back, and we will see a new ATH of bitcoin later.
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LogitechMouse
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April 23, 2021, 11:03:06 AM |
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i believe even if bitcoin drops a bit in a month, bitcoin will still hit 100k by end of year! let me know what you guys think
I want to agree that Bitcoin will reach 100k by the end of the year but on the other hand, I still believe that the bull market will end this year probably on the 2nd half. I'm not against all of the investors out there saying that Bitcoin will reach 100k this year or at least 80k this year. I'm just saying that the market moves in cycles and the last cycle ended in 2017-2018 and it might be a possibility that it will end again this year or at the start of 2022 since Bitcoin cycles lasts for 4 years. On the other hand, if we will be into a market super-cycle then we might see the bull run continue to go higher but that is unlikely to happen. I still believe in cycles and this year, it is possible that we see the market going down. Its also possible that now is the start of it . Just saying my opinion. I know that the optimists are against it .
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justdimin
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April 23, 2021, 12:56:22 PM |
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Following the 4 year cycle. This is what I still believe will happen because the past 3 years were exactly the same and there is no reason for 2018, 2019 and 2020 be exactly the same as 2014, 2015 and 2016 then 2021 not be similar to 2017! This means price should reach at least $400k to $500k by the end of this year. In fact the recent drop is a good indication of things being exactly the same as 2017 once again. In 2017 when price went ~3.8x above the previous ATH (2021 version is ~3.3x) it had a similar big dropped 40% and the downtrend lasted for 2 weeks and in 4 weeks price was back to its ATH and in another month it about doubled it (reached $8k). This is exactly the same, after reaching $8k there is some FUD that is causing the exact same crash to get ready for the next launch to a 2x rise reaching $120k by the end of May.
Excellent observation; even I remember those price levels, I could not recall how long a down trend persisted and how much bounce back happened after that kind of information. I guess I must work on improving my memory power so that I could hold my bitcoins with more confident. The current downfall must be a temporary one and we are going to have a new journey from here onward. So, the next stopping would be $120k and then $190k and finally $380k by end of this year which may differ with tine frame but price levels are too likely to happen.
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Lucius
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April 23, 2021, 01:31:20 PM |
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I haven’t set any goal for myself personally, because I don’t think price alone is what determines Bitcoin. It's hard to say what will happen by the end of the year, but this year should be generally positive because it comes after a halving that has had a positive effect on price in the past. But as far as I can see people are quite ungrateful and greedy, and they think that Bitcoin is just a money factory that gives on the principle of "invest $1, in a couple of months you will get $100", which is of course complete nonsense.
For those who have invested in the last few months, nothing below $100k will be satisfactory, for some others there will be no problems even if at the end of the year the price is identical to what it is today.
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nightwishx
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April 23, 2021, 03:56:20 PM |
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i believe even if bitcoin drops a bit in a month, bitcoin will still hit 100k by end of year! let me know what you guys think
If $100k is too high for bitcoin to reach, then maybe $70k-$85k will be the next highest target or next ATH for bitcoin for this year. We believe that bitcoin will rise again and this moment is just another correction that always happens to bitcoin and we should use this moment to buy more bitcoin because once the price starts to increase, it will hard to buy bitcoin with some money. After all, the price is already rising higher. Sooner or later, the price will be back, and we will see a new ATH of bitcoin later. Under current circumstances, $70k- $80k is the most relevant number. out of all the institutions buying into and even some of the big names that are getting into crypto, bitcoin is still unable to break the $70k mark, so I'm sure that by the end of the year there is crypto season, the most reasonable price is around $70k- $80k.
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sana54210
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April 23, 2021, 07:25:00 PM |
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I haven’t set any goal for myself personally, because I don’t think price alone is what determines Bitcoin. It's hard to say what will happen by the end of the year, but this year should be generally positive because it comes after a halving that has had a positive effect on price in the past. But as far as I can see people are quite ungrateful and greedy, and they think that Bitcoin is just a money factory that gives on the principle of "invest $1, in a couple of months you will get $100", which is of course complete nonsense.
For those who have invested in the last few months, nothing below $100k will be satisfactory, for some others there will be no problems even if at the end of the year the price is identical to what it is today.
I have set myself a goal to reach, not for bitcoin price but for how much I want to have, and right now it is about 15 bitcoins (changes based on how much bitcoin is), I want to remind you that I do not own even 1 bitcoin right now and I still aim at that level. I do not plan on reaching it this year or next year, I plan on reaching there sooner than the next 20 years, it would help me out a lot. However for bitcoin I think this price crash is false and it will go back up, there are times when market takes out a profit and because of that the price crashes and then it recovers slow by slow. People may think that we are in a bad situation but the reality is that we are in a similar situation as before, as long as these huge companies keep buying bitcoin there is nothing we should be worried about since they will keep increasing the price by buying a lot when it drops.
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traderethereum
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April 24, 2021, 06:50:50 AM |
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i believe even if bitcoin drops a bit in a month, bitcoin will still hit 100k by end of year! let me know what you guys think
If $100k is too high for bitcoin to reach, then maybe $70k-$85k will be the next highest target or next ATH for bitcoin for this year. We believe that bitcoin will rise again and this moment is just another correction that always happens to bitcoin and we should use this moment to buy more bitcoin because once the price starts to increase, it will hard to buy bitcoin with some money. After all, the price is already rising higher. Sooner or later, the price will be back, and we will see a new ATH of bitcoin later. Under current circumstances, $70k- $80k is the most relevant number. out of all the institutions buying into and even some of the big names that are getting into crypto, bitcoin is still unable to break the $70k mark, so I'm sure that by the end of the year there is crypto season, the most reasonable price is around $70k- $80k. For sure, bitcoin still needs more time to increase because this month may be close with the sideways of bitcoin price moves. I do not know if that will be good or not, but if the altcoin can move and increase higher, I think we do not mind seeing the bitcoin price stable for a while because we can still make a profit from the altcoin. $70k-$80k is the price that I think close to the last ATH at $64k, so probably, the price will reach that range this year.
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Obito
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April 24, 2021, 08:13:49 AM |
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It's difficult to assume especially if you don't have an experience in the field but eyeballing is a good rule of thumb for me, I would probably go for around 60k by the end of the year. I don't feel that going higher than that seems realistic but if it ever happens then that's okay, going lower is the same and much better since I can buy bitcoin at lower price.
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Lucius
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April 24, 2021, 09:36:58 AM |
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I have set myself a goal to reach, not for bitcoin price but for how much I want to have, and right now it is about 15 bitcoins (changes based on how much bitcoin is), I want to remind you that I do not own even 1 bitcoin right now and I still aim at that level. I do not plan on reaching it this year or next year, I plan on reaching there sooner than the next 20 years, it would help me out a lot.
A very challenging goal, especially given the price BTC has today - but for people who really want something, nothing is impossible - especially if they have a good strategy. But as you say yourself, if the price of BTC goes up, the number you set as a goal will surely go down. However for bitcoin I think this price crash is false and it will go back up, there are times when market takes out a profit and because of that the price crashes and then it recovers slow by slow. People may think that we are in a bad situation but the reality is that we are in a similar situation as before, as long as these huge companies keep buying bitcoin there is nothing we should be worried about since they will keep increasing the price by buying a lot when it drops.
This is more than obvious, those who buy want the lowest possible price and have ways to influence the market - and they are helped by events that happen like the situation in China. Despite the constant mention of the crypto market, which is about $2 trillion (more or less), everyone knows that this data is widely manipulated - and the crypto market is very sensitive and volatile, which has been shown from the very beginning until today. Small fish are always in a panic and try to find a way out thinking that they will run aground, and panic as always use big fish to eat them. Some would say it is a law of nature.
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