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Author Topic: Btc $100k prediction by eoy  (Read 744 times)
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September 19, 2021, 11:29:10 PM
 #21

Highly doubt it.

The run up from the start of the year has been absolutely crazy and I think that we are due for a correction as a matter of time.

Institutional interest is high, yes, but even that isn't going to go on forever especially when the interest rates around the world start hiking near the end of the year as most countries exit lockdowns.

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September 19, 2021, 11:38:34 PM
 #22

Highly doubt it.

The run up from the start of the year has been absolutely crazy and I think that we are due for a correction as a matter of time.

Institutional interest is high, yes, but even that isn't going to go on forever especially when the interest rates around the world start hiking near the end of the year as most countries exit lockdowns.

The price level of $100k before the year ends seems not likely to happen. I am just hoping that it will reach again its ATH. Anyway, if it doesn't happen, the succeeding years for me are promising as countries after countries are considering the integration of blockchain tech or crypto in their financial system. The more adoption we have, the better for the market. But for now, let us be grateful that bitcoin market really did great this year despite of the global pandemic that everyone experienced and is still experiencing.
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September 20, 2021, 06:42:22 AM
 #23

Highly doubt it.

The run up from the start of the year has been absolutely crazy and I think that we are due for a correction as a matter of time.

Institutional interest is high, yes, but even that isn't going to go on forever especially when the interest rates around the world start hiking near the end of the year as most countries exit lockdowns.
There's still a lot of time, there's still about 3 months or so for the pump towards 100k to happen, remember that most pumps in bitcoin happened when we least expect it like around 1 month, December sees most of this surges so I don't think that there's no time for the pump and no sense doubting it.
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September 20, 2021, 07:57:22 AM
 #24

Highly doubt it.

The run up from the start of the year has been absolutely crazy and I think that we are due for a correction as a matter of time.

Institutional interest is high, yes, but even that isn't going to go on forever especially when the interest rates around the world start hiking near the end of the year as most countries exit lockdowns.
There's still a lot of time, there's still about 3 months or so for the pump towards 100k to happen, remember that most pumps in bitcoin happened when we least expect it like around 1 month, December sees most of this surges so I don't think that there's no time for the pump and no sense doubting it.

Well, usually pumps are expected after the news that triggers the price to pump, what will always come unexpected is the price range of how much Bitcoin would pump during massive buy outs.
3 months is considered a long period of time speculate on Bitcoin's price. Bitcoin has more than 60% gain history in a span of 2-3 months. So, I guess it's still safe to say $100k is achievable by the end of the year. Though there are still a lot factors that could make it less possible.

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September 20, 2021, 09:14:59 AM
 #25

People have been predicting bitcoin to hit $100K+ by the eoy and with 3.5 months left, we're nowhere close.
3.5 months must be more than enough time period for bitcoin market to double and to reach your dream target levels (please remember by 2017 December, bitcoin took only 2 weeks of time to double from 10k levels to 19.4k levels). So, anything could be possible here in bitcoin markets and you never need to be depressed just because of sideways movement of market right now.

I guess it's still safe to say $100k is achievable by the end of the year. Though there are still a lot factors that could make it less possible.
But I am always believe into FOMO which must be very powerful factor to subside all other negative reasons. I was expecting more stronger bull run due to El Salvador adoption but it seems institutions and whales are active to catch lower price levels which must be the one of the prime reason why we are still having sideways  movements.
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September 20, 2021, 09:54:11 AM
 #26

~

Well, usually pumps are expected after the news that triggers the price to pump, what will always come unexpected is the price range of how much Bitcoin would pump during massive buy outs.
3 months is considered a long period of time speculate on Bitcoin's price. Bitcoin has more than 60% gain history in a span of 2-3 months. So, I guess it's still safe to say $100k is achievable by the end of the year. Though there are still a lot factors that could make it less possible.

Well, most of the pumps happen in December and sometimes they don't really need some big news to get so big, it doesn't matter if there are factors that might not make it possible, I still believe that bitcoin is an appreciating asset and that there's no way that a 100k won't happen, maybe not this year but it will eventually happen.
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September 20, 2021, 10:57:47 AM
 #27

People have been predicting bitcoin to hit $100K+ by the eoy and with 3.5 months left, we're nowhere close.

Don't be obsessed with numbers, everything you read is just speculation based on various models (which may not be accurate), or the opinions of various experts who want to get their 5 minutes of fame in the media. Since the last halving 2020, the price of BTC is on average about 7 times higher, which is more than impressive - and whether it will be $100k by the end of the year or maybe only $75k does not mean anything in the long run.

I don't think that was small investors who drove price up that fast, I think that was institutional money buying the fake news..

There’s a lot of truth here, big investors have a big impact on the market in the sense that they can create FOMO through their social networks as EM did, but they then drive masses of small investors who actually push the price of BTC up. As always, the rule is confirmed that those who have a lot of money and know how to use it, can influence public opinion, especially when it comes to cryptocurrencies that are very volatile.

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September 20, 2021, 11:12:42 AM
 #28

~

Well, usually pumps are expected after the news that triggers the price to pump, what will always come unexpected is the price range of how much Bitcoin would pump during massive buy outs.
3 months is considered a long period of time speculate on Bitcoin's price. Bitcoin has more than 60% gain history in a span of 2-3 months. So, I guess it's still safe to say $100k is achievable by the end of the year. Though there are still a lot factors that could make it less possible.

Well, most of the pumps happen in December and sometimes they don't really need some big news to get so big, it doesn't matter if there are factors that might not make it possible, I still believe that bitcoin is an appreciating asset and that there's no way that a 100k won't happen, maybe not this year but it will eventually happen.

Many holder expect that season can bring good effects to the bitcoin thats why we see that happening frequently and those guys who predict that timeline is just basing it by past movements in the history but claiming that we will reach that 6 digits figure maybe we can't see that now due to many fuds or correction might happen. Maybe next year or in next halving for sure we can see that digits to come up.

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September 20, 2021, 03:02:24 PM
 #29

The current movement does seem like an opportunity to re-enter for people who are consistent and believe in Bitcoin, but out there.. there are still some people who certainly have pessimistic thoughts, here it is like testing our belief in Bitcoin, and also some investors. However.. apart from that, of course the current decline is not something that can threaten the popularity of Bitcoin, the price movement is still potentially at $100k, but I think it will be touched in the next year.
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September 20, 2021, 03:34:32 PM
 #30

Large scale institutions are doing all in their power to accumulate as much as possible at their lowest prices. But we will find out how things play out. People have been predicting bitcoin to hit $100K+ by the eoy and with 3.5 months left, we're nowhere close. Though I felt the same way, sometime like maybe its a pipe dream.. but a lot of people still believe this, and one thing that I think I saw for certain the other day.. That Walmart fake news for example.. The price within 10 minutes went from like 44k to like 47k .. I don't think that was small investors who drove price up that fast, I think that was institutional money buying the fake news..
Dude don't be so amazed by someone who is predictings Bitcoin pump, anyone can do that but the deference is we are not famous, they are doing that because they want to stimulate the mind of the people especially those who do have some assets on cryptocurrencies to follow them for their own sake, so do trading by your own and don't be a victim by FUD.
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September 20, 2021, 04:50:19 PM
 #31

People have been predicting bitcoin to hit $100K+ by the eoy and with 3.5 months left, we're nowhere close.
Don't be obsessed with numbers, everything you read is just speculation based on various models (which may not be accurate), or the opinions of various experts who want to get their 5 minutes of fame in the media. Since the last halving 2020, the price of BTC is on average about 7 times higher, which is more than impressive - and whether it will be $100k by the end of the year or maybe only $75k does not mean anything in the long run.
Another fact that we should not forget is the price will never be predictable and it is always quick. So it doesn't matter if it was 1st of December right now and we were still around 50k, it still doesn't mean that we won't be at 100k by new year. Obviously, it makes it harder to reach that level but the reality is that we are living in a situation where things are very quick and very very volatile as well.

So, bitcoin could become 20k in under a week, or it could be 100k in a week or at worst in a month. Have we not seen it go up that much quickly before? I mean even very very recently we have seen it move from 28k bottom to nearly 52k at the top and this happened in 1-2 months, definitely quicker than 2 months, closer to 1 month. Which is a proof that bitcoin could do nearly 2x prices in a month. So, that means maybe we will finish with 20k, maybe around 50k, but maybe it could still be 100k.
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September 20, 2021, 05:20:48 PM
 #32

Large scale institutions are doing all in their power to accumulate as much as possible at their lowest prices.

speaking of which, check this out:

El Salvador acts on Bitcoin price dip and buys 150 BTC

now even El Salvador is buy the dip

But we will find out how things play out. People have been predicting bitcoin to hit $100K+ by the eoy and with 3.5 months left, we're nowhere close. Though I felt the same way, sometime like maybe its a pipe dream.. but a lot of people still believe this, and one thing that I think I saw for certain the other day.. That Walmart fake news for example.. The price within 10 minutes went from like 44k to like 47k .. I don't think that was small investors who drove price up that fast, I think that was institutional money buying the fake news..

look at the chart, if the price managed to break $52500 and consolidate above $52500 then in a short time the price would try to break the ATH and only after breaking the ATH can we dream of $100K.

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September 20, 2021, 05:25:48 PM
 #33

Large scale institutions are doing all in their power to accumulate as much as possible at their lowest prices. But we will find out how things play out. People have been predicting bitcoin to hit $100K+ by the eoy and with 3.5 months left, we're nowhere close. Though I felt the same way, sometime like maybe its a pipe dream.. but a lot of people still believe this, and one thing that I think I saw for certain the other day.. That Walmart fake news for example.. The price within 10 minutes went from like 44k to like 47k .. I don't think that was small investors who drove price up that fast, I think that was institutional money buying the fake news..
Dude don't be so amazed by someone who is predictings Bitcoin pump, anyone can do that but the deference is we are not famous, they are doing that because they want to stimulate the mind of the people especially those who do have some assets on cryptocurrencies to follow them for their own sake, so do trading by your own and don't be a victim by FUD.

Actually some famous technical analyst predict more than that base on fibonacci level if you used on the monthly time frame. That is just a possibility and most of the Bitcoin Maxi malist believes on that besides Bitcoin price pump always happened in crazy way where no one expects it to happened. I'm a holder of BTC so I'm not removing the possibility of that scenario to still happened. There is no wrong to believe in that tho.

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September 20, 2021, 06:40:10 PM
 #34

Large scale institutions are doing all in their power to accumulate as much as possible at their lowest prices. But we will find out how things play out. People have been predicting bitcoin to hit $100K+ by the eoy and with 3.5 months left, we're nowhere close. Though I felt the same way, sometime like maybe its a pipe dream.. but a lot of people still believe this, and one thing that I think I saw for certain the other day.. That Walmart fake news for example.. The price within 10 minutes went from like 44k to like 47k .. I don't think that was small investors who drove price up that fast, I think that was institutional money buying the fake news..
Dude don't be so amazed by someone who is predictings Bitcoin pump, anyone can do that but the deference is we are not famous, they are doing that because they want to stimulate the mind of the people especially those who do have some assets on cryptocurrencies to follow them for their own sake, so do trading by your own and don't be a victim by FUD.
I have seen people like you by 2013 and 2017 still bitcoin soared more than 10x on both of the occasions. So, predicting about the pump of bitcoin is not just driven by some random assumptions but it is from the basic design characteristics of bitcoin like limited supply and halving. So, I am not ready to term such speculations as fuds. Even some people may get proven wrong for their pumping speculations but over the time, most of them got right as bitcoin is known for recovering from any kind of dumps.

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September 21, 2021, 03:26:00 PM
 #35

What do you mean that bitcoin is no way close to $100k? We've reached $64k, and so far with the current movement, we can hit $50k this month. So in the next 3 months, it's possible that if we have some positive news, the price could be push upward to $70k-$80k and then we have the last stretch to even get to 6 digits. So I would say that everything is possible, last year we have seen super fast rally from October to December. So if the pattern continues, $100k could he hit.
The mission will begin when Bitcoin retest $64k. From $64k to $100k, it is very possible and not difficult like we are thinking from price below $50k. The mission difficulty will change with different price and different phase of mission.

We thought Bitcoin will not break $20k in 2020 but it did and did it very easily.

If someone owes you $100k and then gives you $48k as the whole payment, are you going to accept it since you said both are close? $100k for bitcoin will be an impossible level to attain this year. We are about three months to the end of 2021 and I do not see how bitcoin price can fill up that gap. I know some people will say there is nothing impossible for bitcoin to do but this people should also realize that bitcoin went through the $60k level before falling back to the price it is now at less than $50k and it will be hard for bitcoin to cross that height again this year. May be next year bitcoin can go to $100k but not this year.
Did you forget what happened in 2017? In very late days of 2017, Bitcoin doubled its price in 10 days because of FOMO with CME and CBOE futures. Nothing is right or wrong and CBOE now does not exist but that news brought Bitcoin to $20k.

This year Bitcoin will have big reason to rise in November. I don't know price will rise in November or December but I would be very surprised if Bitcoin won't have big movement in Q4.
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September 21, 2021, 04:51:09 PM
 #36

The current movement does seem like an opportunity to re-enter for people who are consistent and believe in Bitcoin, but out there.. there are still some people who certainly have pessimistic thoughts, here it is like testing our belief in Bitcoin, and also some investors. However.. apart from that, of course the current decline is not something that can threaten the popularity of Bitcoin, the price movement is still potentially at $100k, but I think it will be touched in the next year.
But you should also be aware that if the demand for bitcoin in the market does not increase for the rest of the year then $100K becomes more difficult as the increased demand is an indicator that the price will become more expensive. We don't have to go to great lengths to convince pessimists to invest in bitcoin, but try to convince ourselves to buy as much as we can either when the price corrects or at any price. Bitcoin investment is an option for those who know its future potential and are also willing to take risks. I always believe that this investment will be profitable in the long run.

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September 21, 2021, 05:02:11 PM
 #37

the majority of people predict the price of bitcoin will cross $100k by the end of the year but I'm sure it will be more than that.  let's help make that prediction come true by continuing to buy during the dip and also hold it, this year will end in a few months, let's get ready for the new bitcoin ath..

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September 21, 2021, 05:51:21 PM
 #38

Large scale institutions are doing all in their power to accumulate as much as possible at their lowest prices. But we will find out how things play out. People have been predicting bitcoin to hit $100K+ by the eoy and with 3.5 months left, we're nowhere close. Though I felt the same way, sometime like maybe its a pipe dream.. but a lot of people still believe this, and one thing that I think I saw for certain the other day.. That Walmart fake news for example.. The price within 10 minutes went from like 44k to like 47k .. I don't think that was small investors who drove price up that fast, I think that was institutional money buying the fake news..
I think the prediction of the bitcoin price of $100k will be achieved early next year if it is driven by the increasing number of banks and institutional investors who accept Bitcoin as an investment instrument will be the driving force for the increase in the price of bitcoin.

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September 24, 2021, 04:31:51 AM
 #39

Large scale institutions are doing all in their power to accumulate as much as possible at their lowest prices. But we will find out how things play out. People have been predicting bitcoin to hit $100K+ by the eoy and with 3.5 months left, we're nowhere close. Though I felt the same way, sometime like maybe its a pipe dream.. but a lot of people still believe this, and one thing that I think I saw for certain the other day.. That Walmart fake news for example.. The price within 10 minutes went from like 44k to like 47k .. I don't think that was small investors who drove price up that fast, I think that was institutional money buying the fake news..

I've been hearing this prediction 3 years ago and yet this news is not a new things to me. A lot of the community here in bitcoin or cryptocurrency maybe they hold some of their Bitcoin assets to their own wallet. Probably, some of them might give up on waiting, or
some are not, instead they keep on holding and waiting for the right time for it. So, in my conclusion, that price could be happen for sure due to
I know for sure that a lot whale who manipulate the market are just waiting for the right signal for it before they take action.

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September 24, 2021, 05:59:09 AM
 #40

the majority of people predict the price of bitcoin will cross $100k by the end of the year but I'm sure it will be more than that.  let's help make that prediction come true by continuing to buy during the dip and also hold it, this year will end in a few months, let's get ready for the new bitcoin ath..
Hopefully, that can become a reality so we will make a big profit.
But if we need to wait until next year to see $100k, that will not be a problem because we have more time to accumulate more bitcoin before the big bull run comes.
I am sure people will trying to search for many ways to have more bitcoin and we can use altcoin to make more and more bitcoin.
The prediction will come soon, so we need to be ready for that by making more bitcoin.
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