Will BTC reach $100,000 in December?

[Jessi Cayue]

Because most of my friends believe that BTC reached 100,000 US dollars in December, so I want to discuss whether this is true

[1714918192]

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[jackg]

Because most of my friends believe that BTC reached 100,000 US dollars in December, so I want to discuss whether this is true

This has been quite a long standing speculation and something that might become true just because people think it'll happen. We did get quite high and I think it's likely we'll see a new all time high within a year but whether that'll be $100k or not would be different...

Also if you're asking this because you're thinking of investing, it might be a bad idea to (at least with an unaffordable amount).

[kanayaTabitha]

Because most of my friends believe that BTC reached 100,000 US dollars in December, so I want to discuss whether this is true

As i know it's never done before bitcoin reaching 2 times all time high in a year after a big crash, so it's hard to reach that price because current price is just the half of it and many investors also has gone after the previous big crash.
I think it will need several more years to create new all time high, but if you're planning to invest on it, it's okay right now but don expect the big profits just within months, you should hold it for years.

[Rajamuda]

We still speculating/predicting on the things that are not certain yet, but on the advantages side... we can still take this opportunity to earn profit at the next day with our effort that to do from now on.

If you are really an optimistic person and consistent with what you predict, just do what is done or such as the investment you made, make it in the long term, even if not in December, but the opportunity to hit $100k is still there.

[Fundamentals Of]

Nobody here is expert enough to say whether it is true or not. Nobody can actually tell. Everybody here are mere speculators. Your friends are no different from people here who are making their own predictions.

For me, it will happen. Adoption is gaining acceleration. The demand is now growing not just from individual Bitcoin believers but also from institutional investors. You can easily notice that with the participation not just of the world's billionaires but also of the banks and even an entire country. So $100,000 by December will happen.

[Jating]

Why not follow https://twitter.com/100trillionUSD?

The guy created a prediction model called S2F (Stock to Flow), and is pointing to the direction of $100k++ this year.

So let me quote him:

Aug>47K, Sep>43K, Oct>63K, Nov>98K, Dec>135K

So it's pretty much accurate, however, we all know that prediction is just prediction, so no one can really tell if you are going to hit 6 digits this December or not.

[kotajikikox]

Because most of my friends believe that BTC reached 100,000 US dollars in December, so I want to discuss whether this is true

Just refer to this thread and you'll find your answers >>.

https://bitcointalk.org/index.php?topic=5360705.0

there are actually several threads about this 100k speculation for Bitcoin this 2021 alone but not bother to ask what will follow if this happens soon.

but just invest the amount that can afford to keep hold thats it.

[enhu]

Why not follow https://twitter.com/100trillionUSD?

The guy created a prediction model called S2F (Stock to Flow), and is pointing to the direction of $100k++ this year.

So let me quote him:

Aug>47K, Sep>43K, Oct>63K, Nov>98K, Dec>135K

So it's pretty much accurate, however, we all know that prediction is just prediction, so no one can really tell if you are going to hit 6 digits this December or not.

I would be happy to take my money if the price rocket up again to $135K. Something significant must happen that will trigger this event.

But with 2 months left for this year, I doubt this will happen because if you look at the chart today, the price had been this high since the beginning of this year. Investors are speculating when it will test $30K again just like the last time it dips to retest that supports level again.  

[Poker Player]

Because most of my friends believe that BTC reached 100,000 US dollars in December, so I want to discuss whether this is true

Your friends are not the only ones, the vast majority of us who hold Bitcoin believe it. All predictive models point to a low of that price for this cycle. The question is what would happen if that prediction does not come true, and my understanding is that the predictive models would then have to be rethought.

[mk4]

All these over-bullishness from the masses is actually making me think twice if we're actually going to have a full-fledged bull market this Q4. The excess number of short-term moonboys is mostly a bad sign in my opinion.

[michellee]

It is hard to predict, but if the bitcoin price is still bullish from this month until December, it will be possible to reach $100,000 in December or before December. But if the price moves like this and before this, I think it is not easy to back to the last ATH, so it is even more difficult to reach $100,000 in December. Maybe that $100,000 will be reached in the next year in Q1. Many speculations say that bitcoin will back to $64k this month or next month, but we do not know for sure and are only waiting for more to see if that will really happen.

[pooya87]

$100k will be the start of the next big bubble just like how $5k was the start of the big bubble in 2017. The target I've been speculating is still the same as it was a year ago and is something above $400k.

Keep in mind that a lot of things can change very quickly, specially when a round big number such as "$100k" is reached. When you also consider the poor performance of other markets you can see how a huge amount of money can easily come to bitcoin market helping the super fast rise.

[bitzizzix]

If it reaches $100,000 by the end of the year, I'm optimistic it will be achieved and currently the bitcoin price at $56,500 is close to yesterday's ATH and if this month can exceed yesterday's ATH then that achievement will materialize.
Even though the bitcoin price will hit $100,000 by the end of this year, that doesn't mean my goal is to end my holdings, and if it does, I consider it a good start for the future that the bitcoin price will continue to climb even higher and I will continue to gradually increase my holdings.

[adaseb]

I don't think it will reach $100K by December. There are way too many people that will be taking profit at $100K or even $99K or so. It will be a very tough resistance to crack and will take a few tries. I think if we breach the old ATH then we will quickly go higher and higher, however the top might be like $78K before it drops back down. You need to realise that if too many people think that "Since ATH broke, $100K is next" then obviously the opposite will happen.

This is what concerns me. Too many people are getting very bullish and there are celebrities pumping NFTS and scam altcoins all over Twitter. Once ATH breaks all hell is going to break lose and people will be fomo in like crazy, however it doesn't mean that $100K is going to be broken by December. Keep in mind many people who bought at $20K will probably want to take profit somewhere around $80K since they are worried how it might lose 50% of its value again when it touched $64K and went down to $29K.

[Wexnident]

There's no possible way to determine whether a prediction can come true or not lmao, it's called a prediction for a reason. I myself believe it, though I'd reckon it wouldn't actually stay there even if it actually did. The market would be rather feeble by then since Bitcoin reaching $100k for the first time would be filled with countless hype and with no real foundation, just because of the number itself. Honestly, I'd stay away from the market if it does reach that point since it will bottom out to maybe $70k or so depending on where the hype first started.

[cryptomaniac_xxx]

All these over-bullishness from the masses is actually making me think twice if we're actually going to have a full-fledged bull market this Q4. The excess number of short-term moonboys is mostly a bad sign in my opinion.

They are going to get REKT.

I would be happy to take my money if the price rocket up again to $135K. Something significant must happen that will trigger this event.

But with 2 months left for this year, I doubt this will happen because if you look at the chart today, the price had been this high since the beginning of this year. Investors are speculating when it will test $30K again just like the last time it dips to retest that supports level again. 

Don't underestimate FOMO, there is still taproot in November. For sure this is one of the most anticipated event this year. And this could trigger another set of new investors who doesn't want to miss the boat and could be joining right now and November. And who knows, historically, December is a good month as we have short spurts of super fast bull run that you trigger that $100k or more speculation.

[NeuroticFish]

Because most of my friends believe that BTC reached 100,000 US dollars in December, so I want to discuss whether this is true

It's true that many expects the price get over 100k.
Whether this will actually happen in December 2021, nobody can tell for sure.

All these over-bullishness from the masses is actually making me think twice if we're actually going to have a full-fledged bull market this Q4. The excess number of short-term moonboys is mostly a bad sign in my opinion.

The number of dreamers increases hugely in bull market. There may be some also feeding "public" expectations with declarations about 100k, 250k or even 1M prices.
The chances for a new bubble are pretty much real and then 2022 may be both great and awful, depending on when you bought and when you sold.
I am not convinced we'll have a nice and steady bull run without a bubble - whether this year or later. But future will tell.

[OgNasty]

$100K by December is a fairly bearish prediction in my opinion.  I think we'll see a break to an all time high and with enough momentum perhaps touch $100K by El Dia De Los Muertos.  I'll go ahead and say if we don't hit $100K by December, everyone will be shocked and it could set off a panic.  Personally, I think by mid-December we'll be closer to $200K than $100K, but I tend to be more bullish than most, because I've been here longer than most and seen this before, multiple times...

[Lucius]

I don't think it will reach $100K by December. There are way too many people that will be taking profit at $100K or even $99K or so. It will be a very tough resistance to crack and will take a few tries.

Profits are taken all the way up, although people will be increasingly tempted to do so as the price increases towards $100k. One only has to ask how much BTC is currently in the hands of small investors, and how many of those locked up for a longer period are in the wallets of institutional investors. I think the rules of the game are changing more and more, so even though I may be wrong, this is no longer a game in which the same players from 2013 or 2017 participate.

When I just see all these headlines "Will BTC reach $100,000 in December?", I wonder if anyone is thinking about anything other than how it would be ideal to sell at that price, and then buy again when the price is dropped by 50% or more...

[Gozie51]

Because most of my friends believe that BTC reached 100,000 US dollars in December, so I want to discuss whether this is true

This must be a serious argument between you and your friends if you will open an account and making the enquiry as first post. 

As on your prediction, there are possibilities but it is not a guarantee that the price will go to $100k. It can break the $64k ATH before December but no sure prediction on exact price accurate. The support of $50k has been broken last week and we are looking at another price of $60k to be broken maybe this month and that may be the journey to break ATH.