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Author Topic: Bitcoin = 100k by December  (Read 1254 times)
husencoe
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August 29, 2021, 05:26:03 PM
 #81

I have a little doubt that bitcoin will hit 100k this December, but predictions are sometimes right and sometimes wrong, the bottom line is not always what we expect, if bitcoin is to reach 100k it may take a little longer than you mention and also requires relatively stable market conditions

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August 29, 2021, 05:29:47 PM
 #82

In my opinion it is very difficult to predict with certainty the price of BTC in the future, but if you look at the current movement of BTC, I believe bitcoin will be able to reach $100k, but not in December, because that number is still too far from the current BTC price of $  48.5K, BTC will take some time to reach that point maybe until 2022.

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August 29, 2021, 05:44:37 PM
 #83

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 all can't speculate on BTC price and this December and also don't know what the next top will be , Ưhich is a very difficult thing to predict but compared to the current ATH breakdown it's still not enough to jump . To 100k $ but if it is in the range of 50k $ - 70k $ is possible within the next few months.

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August 29, 2021, 05:45:42 PM
 #84

people think 100k will be the biggest wall ever, but i think it'll be 80-90k since everyone will try to put their btc for sale before 100k
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August 29, 2021, 05:59:20 PM
 #85

That's a long shot mate! Remember we haven't even broken the half mark of $100k which seems to be a strong psychological area which seems to have price react to the downwards when it comes close and honestly I see another hurdle when price comes to $60k and $64k ,it won't easily crossover with facing some resistance.

people think 100k will be the biggest wall ever, but i think it'll be 80-90k since everyone will try to put their btc for sale before 100k
People always say this stuff, I remember when price was first reaching $10k there was high anticipation of sales coming in but the opposite happened it held and price rallied hard and made a new all time high and that's exactly what will happen when it gets to $100k.

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August 29, 2021, 06:09:24 PM
 #86

I have a little doubt that bitcoin will hit 100k this December, but predictions are sometimes right and sometimes wrong, the bottom line is not always what we expect, if bitcoin is to reach 100k it may take a little longer than you mention and also requires relatively stable market conditions
True, we can predict all we want but there is nothing certain to make it sound convincing. Right now, four more months to december and Bitcoin still hover around near $50k. Pretty hard for it to get back ATH, much less than $50k.
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August 29, 2021, 07:24:28 PM
 #87

That's a long shot mate! Remember we haven't even broken the half mark of $100k which seems to be a strong psychological area which seems to have price react to the downwards when it comes close and honestly I see another hurdle when price comes to $60k and $64k ,it won't easily crossover with facing some resistance.

people think 100k will be the biggest wall ever, but i think it'll be 80-90k since everyone will try to put their btc for sale before 100k
People always say this stuff, I remember when price was first reaching $10k there was high anticipation of sales coming in but the opposite happened it held and price rallied hard and made a new all time high and that's exactly what will happen when it gets to $100k.
it's different than before, we're talking about 100k lol, we'll get a bigger sell wall at 90k than 100k
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August 29, 2021, 09:08:17 PM
 #88

It's very difficult to speculate on the price of Bitcoin, but I'm not surprised if BTC can reach $100k, especially now that BTC is in a positive trend so there's a great chance to reach that target, but I'm not sure it will be achieved this December, because the numbers  That's still a long way from the current price of $49K.

We've reach $60k, so $100k is not impossible.

Basing on the one-year performance of bitcoin, last year as we can see here. https://coinmarketcap.com/currencies/bitcoin/

The price last Jan. 2020 was around $7k while it ended with a price of $29k by December, so that's x4 increase of the opening price last year.
So let's say the price starts at $29 this year and we multiply it by 4, that would result in over $116k, so $100k is possible.

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August 30, 2021, 05:28:46 AM
 #89

Personally I strongly believe in Bitcoin, so I think that this currency is quite capable of hitting 100 000$. Moreover, I came across one post that December is a magic month for Bitcoin, so we can expect even 100 000$.
According to some experienced traders, a very strong resistance is 50K$, so they predict that if we hit this level, we can see a big new growth.
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August 30, 2021, 09:22:33 AM
 #90

I agree with the content of the article you shared above, that BTC will reach 100k but not in December, but it will take 2 or 3 years for that. we'll see the next few months how the market conditions, bullish or bearish. If bullish is not impossible, BTC will be 100k.

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September 01, 2021, 08:59:21 AM
 #91

I agree with the content of the article you shared above, that BTC will reach 100k but not in December, but it will take 2 or 3 years for that. we'll see the next few months how the market conditions, bullish or bearish. If bullish is not impossible, BTC will be 100k.
For $100k per Bitcoin, we dont need 2 or 3 years. Bitcoin still trading below $50,000 and people are still bearish in Bitcoin. Bitcoin already tried many times to break the $51,000 resistance price. A lot of traders waiting to break this label.

If Bitcoin can break this level we may get a new ATH of Bitcoin price. I dont think for this we need so long time. Maybe in 2022, We can get Bitcoin at $100k.
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September 01, 2021, 07:15:02 PM
 #92

Yes, it can be possible because there are still three months, which is enough for BTC to reach 100K$. As there are many positive news coming so people will invest more and when people's investment increases the Marketcap increases which increase the price. So hopefully we will see marketcap double till december

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September 02, 2021, 07:59:15 AM
 #93

Bitcoin showing its strength. The current price of Bitcoin BTC is $49940 and 24H It raised 5.78% USD. If Bitcoin can able to close 4Houres candle above $48,0000 then we are very bullish, My target will be $54,000-$56,000.Now waiting for a clear breakout of $51,0000 strong resistance.
No worries about Bitcoin because it is a beast and always beat all FUD to make new all time highs. This bull run has yet completed and the best has yet to come with us.

If Bitcoin breaks $51,000, it will fastly rise to $64k and another short squeeze will help it rise toward $100k around the end of this year.

It takes months to finish the bull run but it will happen. Meanwhile, patience is necessary to help you holding your Bitcoin. Prepare fiat to accumulate if Bitcoin dives temporarily again.

R


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September 02, 2021, 08:01:35 AM
 #94

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

There are a possibility to jumping 100k by December, yes. But in my opinion, i'm not sure it will get to 100k by this December but doesn't mean it's impossible to get 100k. December is still a couple of months left so let's hope for the best  Grin
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September 02, 2021, 10:28:45 AM
 #95

There's always that possibility so you better have a lot of bitcoin in case it happens. I don't think that it's going to reach that number by the end of the year though, I feel like it's only going to happen about a month or two months in 2022 and then another bear market probably.

If indeed we believe Bitcoin will reach a price of $100k, we should start collecting as much Bitcoin as possible from now on. Instead of regretting when
the $100k target is reached we don't have much Bitcoin, especially now that Bitcoin is still at $49k. This means that there is a great opportunity to
buy Bitcoin at a cheap price,  because compared to the price of Bitcoin at the end of the year which reached $100k. Then it is quite interesting with
your prediction which says that Bitcoin is likely to enter a bear market in early 2022. Because for me it makes sense, if we learn from history,
after the Bitcoin price went up high, there was often a price decline. Therefore, don't be greedy, sell the Bitcoins that we have immediately if
the target of $100k is reached. After that we can buy Bitcoin again when the price drops due to entering a bear market.

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September 02, 2021, 10:37:19 AM
 #96

If we are going to think about the possibility then for sure bitcoin has the chance to reach 100k by December as this month makes a lot of people earn more money compared to another month as they have the 13th-month pay and other bonuses which makes them more confident on investing in cryptocurrency.

Christmas bonus and other holidays bonuses from retail investors won't gonna be enough if we're talking about $100,000 Btc price in such a short period of time.
Whales and institutions plays a huge role in a massive price action. If the whales and institutional investors decides to make a huge buy out, for sure Btc will have a good run for the 6 digit figure. If not, then I guess we'll be staying at around the region of $50,000 - $60,000 considering what has been mentioned in the first statement.

R


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Pamadar
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September 02, 2021, 10:37:43 AM
 #97

There's always that possibility so you better have a lot of bitcoin in case it happens. I don't think that it's going to reach that number by the end of the year though, I feel like it's only going to happen about a month or two months in 2022 and then another bear market probably.

If indeed we believe Bitcoin will reach a price of $100k, we should start collecting as much Bitcoin as possible from now on. Instead of regretting when
the $100k target is reached we don't have much Bitcoin, especially now that Bitcoin is still at $49k. This means that there is a great opportunity to
buy Bitcoin at a cheap price,  because compared to the price of Bitcoin at the end of the year which reached $100k. Then it is quite interesting with
your prediction which says that Bitcoin is likely to enter a bear market in early 2022. Because for me it makes sense, if we learn from history,
after the Bitcoin price went up high, there was often a price decline. Therefore, don't be greedy, sell the Bitcoins that we have immediately if
the target of $100k is reached. After that we can buy Bitcoin again when the price drops due to entering a bear market.

We mostly see that correction after the pump takes place.

If you believe that the market will be good, buying is the best strategy now. While the market for Bitcoin still at this ranged, just half year then your money have that chance to double up, is an easy decision that collecting a little more is the best plan for your investment.

It's always upon your good analysis that will give you the benefits that you like to achieve.
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September 02, 2021, 11:01:53 AM
 #98

I would love to see it but I would not expect too much for it.
For sure many of us especially holders would be happy to see its price at 6 digits but lets not hope too much or I should say that lets be patient enough for it to happen because it will really happen.

The next -ber months will be crucial because it will be the deciding factor into Bitcoin going up to 100k. If Bitcoin will surpass its ATH of ~$60,000 then there might be a chance that it will happen but as long as it will not surpass this price, I don't think that it will happen this year.

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September 02, 2021, 11:53:00 AM
 #99

I would love to see it but I would not expect too much for it.
For sure many of us especially holders would be happy to see its price at 6 digits but lets not hope too much or I should say that lets be patient enough for it to happen because it will really happen.

The next -ber months will be crucial because it will be the deciding factor into Bitcoin going up to 100k. If Bitcoin will surpass its ATH of ~$60,000 then there might be a chance that it will happen but as long as it will not surpass this price, I don't think that it will happen this year.

That's probably the scenario if bitcoin will hit a new ATH this year, based on trends, if the market is bullish in the last quarter, it usually continues to the next year so last quarter is very crucial and this month will be a deciding factor whether we will end the year in a bullish manner.

As I'm writing, bitcoin has already hit $50k again.

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September 02, 2021, 11:56:29 AM
 #100

I really start to think  ethereum will reach it faster, what the hell

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