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Author Topic: Bitcoin not yet at $100k, why?  (Read 954 times)
famososMuertos
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May 03, 2021, 07:48:24 AM
 #61

This year so many things have been reached not only at the price level if not other intangible parameters have been reached, external to the statistics that had not been seen before and come with the big question and the $ 100k?

This year's ATH of Bitcoin surpassing the $ 20k has been the most important of all, the psychological aspect so was as important as its price, now this ATHS bump-up seems to have short memory in reference to the + $ 20k, so Create tendencies at $ 100k in why it has not happened is sincerely pure "bla,bla" speculation.

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May 03, 2021, 09:03:40 AM
 #62

At this start of this year, there was a lot of hype about how high the price of bitcoin will get, some speculated that btc will set a new ATH of $100k before the first half of the year is over, others before the first quarter of the year.
This However has not been the case. We just passed the first quarter of the year and btc has not even gotten to $70k yet. Do you still think $100k is still possible before the first half of the year?


Although it is quite impossible for anyone to suggest bitcoin will hit $100k before the middle of the year, let's even assume for the sake of the argument that someone did say that.
So what bitcoin hasn't hit $100k yet? Don't you think we should rather focus on how much growth bitcoin has attained this year in terms of its price? Don't you think we should celebrate how much adoption bitcoin has attained in the mainstream world?  Don't you think we should be glad several top companies are now adopting crypto either as a means of payment or just adding it to their portfolio?
Trust me, I believe bitcoin has come a long way and whether or not it hits $100k shouldn't be your concern.

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May 03, 2021, 10:13:43 AM
 #63

I am not the type who lives by "price predictions & news articles about Bitcoin price" but I think this is the year of Bitcoin.Although I believe it to be difficult to reach 100k before the second half of the year,in the second half this price I believe will be a reality.HODL your coins and do not let the markets trick you into selling before the end of this year.

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May 03, 2021, 10:43:02 AM
 #64

I am not the type who lives by "price predictions & news articles about Bitcoin price" but I think this is the year of Bitcoin.Although I believe it to be difficult to reach 100k before the second half of the year,in the second half this price I believe will be a reality.HODL your coins and do not let the markets trick you into selling before the end of this year.

This is another year for Bitcoin. Bitcoin has had many years that spoke in its favor already. Except for 2018 and 2019 in terms of price, all other years were more or less astonishing compared to everything else that is out there. It took the world by storm.
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May 03, 2021, 10:48:20 AM
 #65

Hello everybody. Bitcoin is still not worth $ 100,000, because the time has not come, apparently, there are still no people willing to buy it for that price. There is no certainty, at least for me, that in the near future there will be such a price. The only thing I'm sure of is that in the coming years this price will be much higher.
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May 03, 2021, 11:00:15 AM
 #66

I think we should stop thinking short-term. Bitcoin needs time to mature like everything else. Remember that by each passing day that Bitcoin sustains these price levels people gain more confidence in the long-term value of Bitcoin. You can see that BTC is constantly being withdrawn from exchanges which is a good sign that investors are accumulating.

Moreover the next halving is only 3 years away and approaching fast. Wink
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May 03, 2021, 11:46:00 AM
 #67

Keep your calm, OP. Just think of it, back then we were all eyeing on making BTC breach past 20k like almost 4 years ago when it crashed and now we got 2x of that dream already, well more than 2x actually because our new ATH is above 60k now. Just calm down and just keep hodling your Bitcoin, surely the 70k you're looking for as well is around the corner.
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May 03, 2021, 12:17:39 PM
 #68

At this start of this year, there was a lot of hype about how high the price of bitcoin will get, some speculated that btc will set a new ATH of $100k before the first half of the year is over, others before the first quarter of the year.
This However has not been the case. We just passed the first quarter of the year and btc has not even gotten to $70k yet. Do you still think $100k is still possible before the first half of the year?

It seems to me that the more the price of bitcoin rises, the slower its growth will be. At the same time, the risk of losing large funds invested in it will grow, as well as the fear of its holders for its sudden price drop.
But for now, we are pleased with ethereum, the price of which has risen to the current $ 3170, as well as a decrease in transaction fees in its network within 25-40 Gwei. The fall in the dominance of bitcoin to the current 47.6 percent indicates the inevitability of the continuation of the altcoin season.
Bitcoin price growth will continue, but not as fast as many would like. Especially I have hope in this regard for the fall. By this time, ethereum may have run out of problems with transaction fees and low scalability. It will be a tremendous sight.

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May 03, 2021, 12:26:38 PM
 #69

Hello everybody. Bitcoin is still not worth $ 100,000, because the time has not come, apparently, there are still no people willing to buy it for that price. There is no certainty, at least for me, that in the near future there will be such a price. The only thing I'm sure of is that in the coming years this price will be much higher.
We're still at early stage of adoption that many were still not aware that bitcoin works or exist. Once many companies accepts it and many countries provide ways to implement it those who started to invest early will benefit alot. Be happy that we can still buy and acquire more while the price isn't that high yet.

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May 03, 2021, 10:02:55 PM
 #70

not that fast and easy to hit $ 100k. Bitcoin requires a process, there will always be a correction or decline in price to get to a higher price. Don't assume bitcoin will continue to go up and up. No matter how good the technical analysis and fundamentals are, of course all will have a saturation period where bitcoin has to go down.

The ATH achieved just now is a pretty high price. If you are still holding bitcoins and haven't sold them yet, will you be able to hold up to $ 100k. most people will sell it before it hits the $ 100k price tag and buy it again at the lowest price.
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May 03, 2021, 11:05:31 PM
 #71

BNB not yet, $1000 why?
Ethereum not yet $5000, why?
Cake not yet, $100 why?
Banana not yet $50, why?

Seriously bro?? You know that all is just prediction and you must know again that prediction is no instant, so stop asking why again. If you believe Bitcoin will reach 100K and now not yet reach it, so buy it, because if already reach it you will regret it. No instant in cryptocurrency, you have to be patient

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May 04, 2021, 12:56:24 AM
 #72

I firmly believe that Bitcoin can reach $ 100K, most likely this year, especially since I follow the model created by PlanB and follow every available update, of course the model does not predict in which exact month the increase will occur, at least to $ 100 k.

Here is the article:

Bitcoin Perfectly Set Up for Leap Towards $100,000, Says Crypto Analyst PlanB

Quote
“New dot… slightly down after 6 months up… looks like the perfect setup for jump towards $100,000.
April close $57,200
March close $58,782
Feb close $45,240
Jan close $33,141
Dec close $28,992
Nov close $19,700
Oct close $13,816
Sep close $10,778.”


Source: https://dailyhodl.com/2021/05/03/bitcoin-perfectly-set-up-for-leap-towards-100000-says-crypto-analyst-planb/

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May 04, 2021, 04:08:59 AM
 #73

$100K is going to be difficult to crack. I think that most people will want to take some profits at least at that level. I am pretty sure it will take a few tries before we break $100K. I think many will start to sell some in the 95-99K region because they assume $100K won't break.

I think those that invested at $19K when it seemed that Bitcoin was going to break ATH will most likely be taking some profit in that area. Same with the people who bought at $33K and those that invested recently at $50K. So you need to be cautious and understand that this won't be an easy target to break.

I think we will stall first at $100,000 AUD and CAD which will happen around $80K USD or so.
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May 04, 2021, 11:42:43 AM
 #74

At this start of this year, there was a lot of hype about how high the price of bitcoin will get, some speculated that btc will set a new ATH of $100k before the first half of the year is over, others before the first quarter of the year.
This However has not been the case. We just passed the first quarter of the year and btc has not even gotten to $70k yet. Do you still think $100k is still possible before the first half of the year?

it's not easy to reach mate and indeed still too far on this situation because bitcoin currently holding the resistance at this moment wherein since the new ATH was made.. For me in my view although bitcoin becomes hyper on this year i don't see it will happen even the end of the year. Why? Because market always fluctuate and sometimes the price of bitcoin goes to the support level so for this reason it's not possible on this year, Maybe 3-4 years from now in my opinion..
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May 04, 2021, 01:26:11 PM
 #75

At this start of this year, there was a lot of hype about how high the price of bitcoin will get, some speculated that btc will set a new ATH of $100k before the first half of the year is over, others before the first quarter of the year.
This However has not been the case. We just passed the first quarter of the year and btc has not even gotten to $70k yet. Do you still think $100k is still possible before the first half of the year?


Just have some patience mate, I believed a $100k mark within this year is possible it's just there are a lot of factors that cause delays. Besides, Bitcoin was not going to increase all the time, expect that there will be some correction will happen and that is good for the market to set a new ATH. Moreover, the bull cycle was not yet over as a matter of fact this cycle is expected to extend next year so there's no doubt $100k is possible it is just a matter of time. Just keep holding Smiley



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Rainbot
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May 04, 2021, 06:02:07 PM
 #76

At this start of this year, there was a lot of hype about how high the price of bitcoin will get, some speculated that btc will set a new ATH of $100k before the first half of the year is over, others before the first quarter of the year.
This However has not been the case. We just passed the first quarter of the year and btc has not even gotten to $70k yet. Do you still think $100k is still possible before the first half of the year?

You need to be patient, bitcoin is not going to move according to some schedule just because you want it, bitcoin is going to move at whatever speed that it can, I'm not worried about this and I don't think anyone should be worried about this, we are going to eventually see that price the only question is if you're going to be here when that happens, you need to be very careful because the whales are going to try to do everything they can to scare you away so you sell their coins to them and once you believe bitcoin is not going to reach that price that is exactly when it will happen.
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May 04, 2021, 07:47:22 PM
 #77

You need to be patient, bitcoin is not going to move according to some schedule just because you want it, bitcoin is going to move at whatever speed that it can, I'm not worried about this and I don't think anyone should be worried about this, we are going to eventually see that price the only question is if you're going to be here when that happens, you need to be very careful because the whales are going to try to do everything they can to scare you away so you sell their coins to them and once you believe bitcoin is not going to reach that price that is exactly when it will happen.
You sound real practical but not most other people are. If you notice most of the people are always in rush toward profit making and that is the reason they are all get stuck at some point of time even with the bitcoin markets; either they sell earlier or will fail to catch ATH to book profits. Honestly patience matters.

Right now it seems bitcoin market is looking for some external help in terms of to triggering it. Or else we can assume like most investors are busy in altcoin pumps as we are witnessing dogecoins and ethereum are into extreme bullish mode which might have made investors/traders focus on them rather than getting engaged in bitcoin trading.

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May 04, 2021, 07:52:35 PM
 #78

Do you still think $100k is still possible before the first half of the year?

It's not a matter of thinking/opinion. Bitcoin cannot reach $100k this year or any year.

Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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May 04, 2021, 09:12:10 PM
 #79

Do you still think $100k is still possible before the first half of the year?

It's not a matter of thinking/opinion. Bitcoin cannot reach $100k this year or any year.
I would say the same thing even though probabilities is there but you cant really stop people on not to mind that the price will really able to reach $100k as of this year which i dont see for it to happen

in a short span of time.We might able to reach it but not for this year.Im not really on that too negative but lets be realistic on here because even just seeing it on technicals,

you can eventually tell that it isnt plausible for this year. Why are people in a hurry? Lets just wait until that day comes.

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May 04, 2021, 09:31:03 PM
 #80

At this start of this year, there was a lot of hype about how high the price of bitcoin will get, some speculated that btc will set a new ATH of $100k before the first half of the year is over, others before the first quarter of the year.
This However has not been the case. We just passed the first quarter of the year and btc has not even gotten to $70k yet. Do you still think $100k is still possible before the first half of the year?


hype to $ 100k can be a disaster for Bitcoin holders, especially now that we see that Bitcoin dominance is reduced to 45%,
of course this affects the price of bitcoin, Bitcoin is currently sideways if in my analysis, this is the right time to buy an altcoin that is your favorite,
HOLD for mid term and you will win, keep calm and enjoy altcoin season  Grin

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