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Author Topic: Bitcoin = 100k by December  (Read 1144 times)
Jolankaa
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August 27, 2021, 08:15:09 AM
Merited by ajqjjj (1)
 #1

Can Bitcoin Still Make 100k by December?  Huh
When Bitcoin (BTC) reached its all-time high of $65,000 in April, it felt like the $100,000 mark was the next stop for the cryptocurrency. However, the following months brought along a change in market trend and the entire cryptocurrency market took a steep dive.
I read an article on Blockster with different opinions on the topic. Let's discuss, what do you think?
https://blockster.com/blockdesk/1411_can-bitcoin-still-make-100k-by-december-many-think-it-can
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August 27, 2021, 08:23:37 AM
 #2

Isn't that a blockster? Also registered there, read this article yesterday, a jump in bitcoin is good, and a jump to 100k is even better, especially for people who invest in it now
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August 27, 2021, 08:36:56 AM
 #3

Can Bitcoin Still Make 100k by December?  Huh
When Bitcoin (BTC) reached its all-time high of $65,000 in April, it felt like the $100,000 mark was the next stop for the cryptocurrency. However, the following months brought along a change in market trend and the entire cryptocurrency market took a steep dive.
I read an article on Blockster with different opinions on the topic. Let's discuss, what do you think?
https://blockster.com/blockdesk/1411_can-bitcoin-still-make-100k-by-december-many-think-it-can
I'm not at all sure if the end of December will touch ATH just over $100k, but if you look at touching ATH more than April it's quite likely

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August 27, 2021, 09:55:17 AM
 #4

Yes.

If we're just going to talk about possibility. Yes, the possibility is still there and we're just a few months left until the end of the year. I think there will be a better price that awaits on that month.

But if not, then we did well for this year and we have to wait again until ATHs have been surpassed.

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August 27, 2021, 10:18:58 AM
 #5

65,000 USD is Bitcoin highest hit this year and will stop at 50,000 USD if it happens and could be below 50,000 USD because the market seems to be no longer convincing.
But for years to come, I hope that what is said that Bitcoin will stop at $100K actually materializes.

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August 27, 2021, 10:21:19 AM
 #6

Can Bitcoin Still Make 100k by December?  Huh
When Bitcoin (BTC) reached its all-time high of $65,000 in April, it felt like the $100,000 mark was the next stop for the cryptocurrency. However, the following months brought along a change in market trend and the entire cryptocurrency market took a steep dive.
I read an article on Blockster with different opinions on the topic. Let's discuss, what do you think?
https://blockster.com/blockdesk/1411_can-bitcoin-still-make-100k-by-december-many-think-it-can


100K of BTC by December, might be hard a bit due to needing a more stable increment price and more time.
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August 27, 2021, 10:35:17 AM
 #7

PlanB tweeted that the next months are key.

https://twitter.com/100trillionUSD/status/1431149110237831169

Quote
stock-to-flow model predicts $100K by Christmas, time model (diminishing returns, lengthening cycles) $30K.

Next months will be key. Note that color overlay is on-chain signal (not time to halving), indicating we are between bottom (blue) and top (red), in line with S2F.

Taproot will probably be activated on November. https://taproot.watch/
Taproot is coming. What it is & how it will benefit Bitcoin.

I think Taproot will be important part for the growth of Bitcoin, the second top, the Mania phase in this bull run.

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August 27, 2021, 10:41:43 AM
 #8

It may or may not happen, no one is able to predict exactly what will happen in the future, but if I personally expect that possibility can be achieved or at least can reach ATH beforehand.

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August 27, 2021, 10:46:25 AM
 #9

The only that could make this happen is the taproot upgrade that's coming to bitcoin network, if this happens this year well we can definitely see a new ATH but I'm not sure it will hit 100k still, these are mere predictions anything can happen, the coming weeks will determine how December will play out, all we can do is wait

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August 27, 2021, 10:50:36 AM
 #10

Many hoped when Bitcoin reached its ATH this year that it would continue until it reached 6 digits but this has not happened yet due to a series of bad news that has influenced it to drop by more than half.  But we do not lose the possibility of that happening because we know the capabilities of Bitcoin, it has been proven a lot just like the ATH it has reached that not everyone expected.  If not this year, maybe in the next few, no one knows except maybe if someone can say that it has come in the future.

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August 27, 2021, 11:30:14 AM
 #11

It's hard to say yet, but judging by the cryptocurrency market, I think that bitcoin will still grow very much in price till the end of this year, and perhaps the main pump of bitcoin will be in December, but whether bitcoin will be able to reach the 100k$ mark this year, that is the question, but in general I very often see how various cryptocurrency traders and various experts says that bitcoin will reach 100k$ this year, but of course I don’t believe in such numbers yet, but everything is certainly possible, so we are waiting for December and there we will see what will be with Bitcoin price.

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August 27, 2021, 12:35:46 PM
 #12

PlanB tweeted that the next months are key.

Taproot will probably be activated on November.

I think Taproot will be important part for the growth of Bitcoin, the second top, the Mania phase in this bull run.

I think the Taproot update fits very well with the time frame of the stock-to-flow model and complements each other in this bullrun cycle. Thanks to the Taproot algorithm, the commission on the Bitcoin network will decrease and privacy will improve, which are very important indicators for many people.
Perhaps we will not see $ 100K for bitcoin in December, but I think in early 2022 we will see this figure.

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August 27, 2021, 12:52:56 PM
 #13

With bitcoin miners somehow have been stabilized following China exodus, we can see that price slightly down and then after several months went to another bull run and settled at 45k-50k range. Somehow, Microstrategy led by Michael sailor scooped up 100k bitcoin on that span. It is an indication to which institutional investors are preparing themselves and are on track to secure or upstake their bitcoin portfolio.

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August 27, 2021, 12:53:35 PM
 #14

I have no doubt that Bitcoin will cost $ 100,000 or more, but the main question is when this will happen.
I looked at a lot of studies where it was said that several million dollars of coins are traded in the market, and the rest are held by manipulators and hodlers.
My forecast is about 130 thousand for November 20, 2021, but this is inaccurate.

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August 27, 2021, 01:14:05 PM
 #15

We will have to see, and hopefully you are right, bitcoin=$100k a pop is huge for the market, the market valuation by that time will be worth trillions upon trillions of dollars.

And if you are a fan of S2F model, then you will see that the 6 digit is still on target on even more, currently the model mimics 2013 movement, so that's around $180 per BTC if I'm not mistaken. We still have four months to accomplished that and make it happen.

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August 27, 2021, 01:29:15 PM
 #16

I still hope to see a new ATH later this year, and the potential is still there today. I'm also pretty sure that the new ATH will start to be achieved next september. In fact, some speculation also says that when the bitcoin price has stabilized in the $50k range, it's likely that the price will also be very easy to break in the $60k range. however, currently the price is still very close to $50k. I am still very confident that there will be news that pushes the bitcoin price to reach $100k by the end of this year.

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DonFacundo
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August 27, 2021, 01:54:40 PM
 #17

I believe that bitcoin will reach 100k in the future but reaching that price in the month of December I think it has chance to reach it. We really can't predict but seeing the movement of bitcoin that slowly increasing, it convinced me that it can reach 100k price before end of the year.

CrossroadBTC
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August 27, 2021, 02:00:01 PM
 #18

At the moment it looks almost impossible because crypto space lacks the desperation and hype right now, even with the upcoming taproot upgrade I don't think we will be big spikes, I believe 100k is achievable fours in years later after the next BTC halving

meanwords
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August 27, 2021, 02:34:32 PM
 #19

Can Bitcoin Still Make 100k by December?  Huh
When Bitcoin (BTC) reached its all-time high of $65,000 in April, it felt like the $100,000 mark was the next stop for the cryptocurrency. However, the following months brought along a change in market trend and the entire cryptocurrency market took a steep dive.
I read an article on Blockster with different opinions on the topic. Let's discuss, what do you think?
https://blockster.com/blockdesk/1411_can-bitcoin-still-make-100k-by-december-many-think-it-can

We've only seen Bitcoin go $60,000 this year so far which only took like 4 months, so there's a possibility that Bitcoin could reach $100,000 this year if something huge were to happen. I have no doubt that Bitcoin would reach $100,000 in the future so while we are still at $45,000+ price range, it's better to invest early.
andriarto
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August 27, 2021, 02:45:58 PM
 #20

Can Bitcoin Still Make 100k by December?  Huh
When Bitcoin (BTC) reached its all-time high of $65,000 in April, it felt like the $100,000 mark was the next stop for the cryptocurrency. However, the following months brought along a change in market trend and the entire cryptocurrency market took a steep dive.
I read an article on Blockster with different opinions on the topic. Let's discuss, what do you think?
https://blockster.com/blockdesk/1411_can-bitcoin-still-make-100k-by-december-many-think-it-can

We've only seen Bitcoin go $60,000 this year so far which only took like 4 months, so there's a possibility that Bitcoin could reach $100,000 this year if something huge were to happen. I have no doubt that Bitcoin would reach $100,000 in the future so while we are still at $45,000+ price range, it's better to invest early.
especially now that we have just entered the second trimester, we know the habits of the crypto market which will skyrocket in the final trimester and coupled with news that brings positive sentiment to the crypto market, it will make massive adoption in all countries. then the target of $100k I think is not an impossible thing for bitcoin to achieve this year, Moreover, we know that this year's bitcoin price correction is working well, and not a bubble event like people are talking about


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