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Author Topic: Will BTC reach $100,000 in December?  (Read 1314 times)
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October 11, 2021, 01:20:44 PM
 #21

as the market price rises to $56k many people are assuming that bitcoin will break the $100k price by the end of december. but I see there are still some people who are hesitant and some are already convinced that the market price will break through $100k by the end of this December.

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October 11, 2021, 01:22:50 PM
 #22

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.

Yes,,, it would be naive to think people hodling BTC do not think of that as the nearest target to reach. All models say that and all worthy analysis also suggests this is possible. But remember, we are only looking at the models and analysis that fit into our Bitcoin world view.

I am sure there are many models out there but because they are not friendly to BTC,,, we do not see them easily Smiley

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October 11, 2021, 01:27:04 PM
 #23

Because most of my friends believe that BTC reached 100,000 US dollars in December, so I want to discuss whether this is true Grin
If the current bullish runs is sustained with intense volatility and momentum the price will breach the last ATH at $64K and attain another ATH before reaching $100K before the end of the year, with almost 81 days to the end of the year the price of bitcoin attaining that price mark is very feasible and I believed there isn't any bearish sentiment again this year with all speculations and predictions all directing towards $100K, within a week the price can move up well $10K thus bearing any or provided that no negative fundamentals news again this year.

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October 11, 2021, 04:47:44 PM
 #24

Because most of my friends believe that BTC reached 100,000 US dollars in December, so I want to discuss whether this is true Grin
If the current bullish runs is sustained with intense volatility and momentum the price will breach the last ATH at $64K and attain another ATH before reaching $100K before the end of the year, with almost 81 days to the end of the year the price of bitcoin attaining that price mark is very feasible and I believed there isn't any bearish sentiment again this year with all speculations and predictions all directing towards $100K, within a week the price can move up well $10K thus bearing any or provided that no negative fundamentals news again this year.
It won't be easy but the big bullish hope will continue at the end of the year but we don't think it's easy and of course there will be big bears waiting after reaching ATH let alone going to new ATH.
I want to see how bitcoin moves at the moment and continue to analyze how with the near future in December of course it will appear a new sentiment so I can't decide in this speculation it will tend to be more restrained before 100k in December.

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October 11, 2021, 05:09:11 PM
 #25

Because most of my friends believe that BTC reached 100,000 US dollars in December, so I want to discuss whether this is true Grin
currently bitcoin price is $57k (up 17% in the last week)
if in the next few weeks we don't hear of any new fud then it is very likely that we will see bitcoin at a price of $100k

this year is coming to an end (only about 75+ days) if you have cash today then buy BTC immediately.. Do not be late

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October 11, 2021, 05:34:41 PM
 #26

Surely it will achieve and idk why it still sounds like an impossible achievement for some people. In 2017 when some would say that bitcoin may reach 10K and 20K, majority of people would call them crazy, etc. Right now, the scenario is going the way it was going back in 2017, this even strongly strengthens the chance of getting our wished new all-time high. 100K is a psychological level, bitcoin is 57K right now, after so many resistance and other damaging factors, it quickly and strongly regained very high price.
Crypto is a space where everything is possible and impossible at the same time but I strongly believe that we will reach 100K, there is just strong psychological background for that from holders but after reaching the 100K, it may go up to 130K and then fall or it even fall after 100K, we will have a serious crash after reaching new ATH.

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October 11, 2021, 05:51:05 PM
 #27

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

It all depends on how much demand there is for Bitcoin among traders in the market. So you can't say wrong what your friend is saying unless the market proves his opinion wrong. Let's wait and see how Bitcoin performs in the market in the coming days.

as the market price rises to $56k many people are assuming that bitcoin will break the $100k price by the end of december. but I see there are still some people who are hesitant and some are already convinced that the market price will break through $100k by the end of this December.

All traders have their own opinions and different perspectives on the market. The market will decide which trend to go in the next step, because if there is demand in the market then there is a possibility to go in this $100k price range. But no one can say for sure what the next trend of the market will be.

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October 11, 2021, 06:38:49 PM
 #28

~
All traders have their own opinions and different perspectives on the market. The market will decide which trend to go in the next step, because if there is demand in the market then there is a possibility to go in this $100k price range. But no one can say for sure what the next trend of the market will be.
You need to have an understanding about the market situation if you are investing money in it and the market will decide the trend but this time around there is a major difference from the last rallies that there are institutional investors who already invested billions and they might control where the market would go and the moment they start booking their profit we will be back in the bear market.
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October 11, 2021, 07:45:42 PM
 #29

there are institutional investors who already invested billions and they might control where the market would go and the moment they start booking their profit we will be back in the bear market.
But, I believe both institutional and individual investors are into bitcoin markets for years (but probably institution are nowadays openly announcing about their holding) which is the reason why are trading where we are, regardless of hundreds of highly negative influencing news on bitcoin markets. All I mean, the current bullish trend is nothing different from what we had in 2013 or in 2017 or in earlier months of this year.

This means you can expect a bearish market by end of this year but before that we may test a huge ATH by end of November or by the first week of December. So, $100k is highly possible by the month of November or at least by December month of this year.

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October 11, 2021, 09:32:53 PM
 #30

$100k is highly possible by the month of November or at least by December month of this year.
I guess you are just speculating based on what you have seen by the times of 2017 by the times of bull market. But my question is, what would be guarantee for bitcoin market to be repeating the same kind of behavior this year also. Markets are always known for surprising us; it means anything could happen at any time. So, just expecting (even timing also) might be leading you to mess up your investment plans. So, act based on market things and not by history.
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October 11, 2021, 10:30:56 PM
 #31

just expecting (even timing also) might be leading you to mess up your investment plans. So, act based on market things and not by history.
Some people are blindly believing into the fact of "history repeats itself" but unfortunately expecting more accurate timing also might be leading to big frustrations in the end. I agree with you that we can dependent on history repeating only up to some level and definitely not in 100% of things. You can make use of what happened in the past but speculating purely based on what happened in the past may not be that much helpful for the any bitcoin investor. You must need to go for technical analysis for more accurate predictions.
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October 11, 2021, 11:11:53 PM
 #32

Because most of my friends believe that BTC reached 100,000 US dollars in December, so I want to discuss whether this is true Grin
At the very least we are talking about even a recovery right now, bitcoin price went as low as under 28.5k right? Look at it right now, it is over 57k once again. So if we are afraid of a drop, we should be excited about the this increase as well right? I mean that only makes sense.

However I also think that we should not excited about neither of them, neither the drop was big nor the recovery. We are going to see these small ups day to day for a while and after a while when all the sellers realize the price is not going down, they will stop selling and the buyers will probably outweight enough to bring us to near 100k levels very soon.
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October 11, 2021, 11:45:33 PM
 #33

Quote
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.
It is interesting to see the possible price of Bitcoin. But as you said, it is only a prediction, no guarantee to reach. First of all, let see if Bitcoin really touches $63k this month, then we can believe this prediction. We need a small proof first before we assume the prediction of BTC price in December to be above $100k. However, I will sell all my coins before the price of Bitcoin reaches $100k, which may be about $70k. I doubt it is like a trap made by whales.

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October 11, 2021, 11:52:26 PM
 #34

Because most of my friends believe that BTC reached 100,000 US dollars in December, so I want to discuss whether this is true Grin
It is obvious to me that there are two paths that we will take and it will not until December to realize which path we are on. If we keep going up then we are in a bull run and that means things could go to 100k, even if not in December then maybe next year, last year we went from 4k in march to 10k in summer to 60k in next may, which is why we should be considering the possibility of a bull run going even after we go into the next year.

What we need to focus on right now is the movement. However if it looks like it is going to drop down then we are going to have a correction and 100k doesn't seem likely in that situation so we should be more careful in that case.

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October 12, 2021, 05:50:14 AM
 #35

Is it that easy for bitcoin to penetrate $100k in the next three months or more precisely in December this year. I'm speculating it's impossible and it will take a strong push to break through $100k in three months. but more accurately it could break $80k in December and $100k in March 2022.

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October 12, 2021, 06:06:29 AM
 #36

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

Why need to be in december when it can possibly happen in october or in november?

https://coinmarketcap.com/currencies/bitcoin/

the value now is climbing and still doing better and better, so any good spike may happen very soon or the other way around .

Is it that easy for bitcoin to penetrate $100k in the next three months or more precisely in December this year. I'm speculating it's impossible and it will take a strong push to break through $100k in three months. but more accurately it could break $80k in December and $100k in March 2022.
what we have in march 2022 that we don't have this year?

bitcoin already reached 64k this year so what more another 36k dollar in the following months?

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October 12, 2021, 07:38:49 AM
 #37

Because most of my friends believe that BTC reached 100,000 US dollars in December, so I want to discuss whether this is true Grin
It is obvious to me that there are two paths that we will take and it will not until December to realize which path we are on. If we keep going up then we are in a bull run and that means things could go to 100k, even if not in December then maybe next year, last year we went from 4k in march to 10k in summer to 60k in next may, which is why we should be considering the possibility of a bull run going even after we go into the next year.

What we need to focus on right now is the movement. However if it looks like it is going to drop down then we are going to have a correction and 100k doesn't seem likely in that situation so we should be more careful in that case.

we are monitoring bitcoin movement and now bitcoin has started to enter today's high of $57,400. there's nothing wrong with us staying consistent if bitcoin will penetrate $100k this December. The movement of bitcoin is very concrete and it is clear that its movement is influenced by some positive issues lately.

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October 12, 2021, 08:37:57 AM
 #38

already a few months ago many people discussed about the questionable bitcoin price speculation whether it will be able to reach 100k.
bitcoin price increase in early october this convinced many people that Bitcoin will soon reach a new ATH but I think it's still too early to talk about bitcoin price which will reach 100k by the end of the year, this year only 2 months left and I am very pessimistic for bitcoin will reach the price of 100k because soon this year has passed and to reach 100k bitcoin it takes a very large increase from the current price.



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Rainbot
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October 12, 2021, 10:44:29 AM
 #39

We should just follow and enjoy the price movements, whether the price will reach $100,000 in December or it will not be at that price because if we only wait and see without doing anything, we can miss the good time to sell bitcoin at a high peak.
We do not have to think about when the price will be at $100,000 because the price will be at the right time.
While we still have more time to accumulate more bitcoin, we should focus on having more and more bitcoin and that will be the best thing that we can do for the coming of $100,000.
We will not regret selling bitcoin at that high price because we already accumulate more bitcoin from now on.
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October 12, 2021, 10:52:43 AM
 #40

Because most of my friends believe that BTC reached 100,000 US dollars in December, so I want to discuss whether this is true Grin
They believe but the question here about your friend to be investing? because if you are only talking like nothing then why need to ask this.
are you also an investor ?
I don't trust the Guts of bitcoin reaching 100k this year because the hype had already subside and the price stagnant at 40-50k level and even go down to below 30k recently .

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