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Author Topic: Will BTC reach $100,000 in December?  (Read 1330 times)
Ultegra134
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October 23, 2021, 08:14:22 PM
 #81

We will see if it will. I'm excited to see it goes $100k in December but also I'm good if it didn't. In short period of time, bitcoin has proven that it can increase as much as it can and that usually happens while we're sleeping.  Grin
That's what happens to me when the market goes bullishly as I'm sleeping most of the time and don't see it actually happen. Everyone is optimistic about bitcoin $100k not only in December but to be stable and reaching that price soon.
I also believe that the price of bitcoin will reach the price of $100k in December. that means, the price of bitcoin in october - november should hit a price of $80k to $85k, so a $15k price push in december might be really easy to happen.
The thing that needs to be asked is, are we really ready to welcome that time? I also think that I don't want to be so hopeful with a $100k price in december, but I've now set some things up for a $100k price tag for bitcoin.
We did saw a quick price increase from bitcoin within the range today that has made it reached $66k. And it has also made a quick dump so both ways and possibilities are very available.
This is bitcoin that we get to see each day being very volatile and that's why the hope of seeing it @ $100k is always possible and giving it a timeline for December, whether it will or not on that month, we're always patient for it to be seen at that price.
Well, the all-time high didn't last long, that's for sure, and it was actually expected that it would fall shortly after. There's a slight possibility that Bitcoin will surpass $70,000 before 2022, but I'm not that positive about any further price increase within the year, it looks too much.

R


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fullhdpixel
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October 23, 2021, 08:20:35 PM
 #82

This possibility can be trusted if you look at the current condition of bitcoin in the market, as well as bitcoin trends that can affect every other coin that exists, market conditions this month can prove that bitcoin's movement will get better day by day
I guess other coins in this crypto space got nothing to do with the progress of bitcoin; but moreover, those coins are diluting the easier possibilities of getting into $100 by distracting the investors. If all the new investors put all their money only into bitcoins then probably we are might be trading around $150k levels by this time by a rough estimates.

There's a slight possibility that Bitcoin will surpass $70,000 before 2022, but I'm not that positive about any further price increase within the year, it looks too much.
I just wonder why $70k is not looking for you "too much" but anything beyond that is so? You seem like you still not ready to accept the real potential of bitcoins. All bitcoin's bull run usually end up in bubble zone only. So, $70k cannot be such a bubble zone as it is just few thousands away. So, get ready for experiencing something above $100k or $200k before bears grab the dominance.

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October 24, 2021, 03:52:25 AM
 #83

Looks like now is the right time to buy Bitcoin again, because after reaching new ATH, Bitcoin immediately experienced a correction. Bitcoin is
at $61k right now, meaning those of us who have extra money are given the opportunity to buy Bitcoin. Don't let us miss the opportunity to be
able to buy Bitcoin, because if we delay, it is likely that the price of Bitcoin will recover and will rise even higher. However, if we learn about
the movement of Bitcoin, then we will realize that Bitcoin always reaches new ATH. This means that Bitcoin will definitely hit its next target at
a price of $70k-$80k. Our task now is to try to collect as many Bitcoins as possible, the more Bitcoins we collect, the greater the profit that
we can generate. So don't ever hesitate to buy Bitcoin, as long as we are patient holding Bitcoin, being rich is not just a dream.
As long as the bitcoin price is still at $61k or even lower, that will be the right time to buy bitcoin again. But we do not have to buy at once but we need to have a strategy to buy bitcoin for a much lower price to reduce the average buying price. We need to keep searching for the right time to buy bitcoin and that is not just when the price is at a lower price because the price can get lower than now. So with our analysis, we can know when the right time to buy bitcoin and that means we can use the moment to buy bitcoin while we still have a chance to buy.

The chance for bitcoin to reach new ATH is still wide open as we see the last ATH is at $67 and maybe that is just a test for bitcoin price before the price starts another rally. Besides that, it is good to see the price stable at $60k-$61k because the price can rally anytime.



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Woodie
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October 24, 2021, 08:10:22 AM
 #84

Very much Possible but already price momentum has seemed to  slowed down in the last few days which could be a signal of a price correction to follow, so before anything let's wait for the pullback (correction) there after can we know if the bullish trend will continue to make the December predictions come true or will shall go back into the zone of $65k which might be a red alert of shorting the market.

R


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piebeyb
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October 24, 2021, 04:04:49 PM
 #85

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's just a speculation, a lot of people say that too, you can see it on this forum or on twitter, but i don't suggest you buy bitcoin before you do some research about bitcoin, so go research anything about bitcoin and do you think it's worth it $100k

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October 24, 2021, 06:53:14 PM
 #86

As long as the bitcoin price is still at $61k or even lower, that will be the right time to buy bitcoin again. But we do not have to buy at once but we need to have a strategy to buy bitcoin for a much lower price to reduce the average buying price. We need to keep searching for the right time to buy bitcoin and that is not just when the price is at a lower price because the price can get lower than now. So with our analysis, we can know when the right time to buy bitcoin and that means we can use the moment to buy bitcoin while we still have a chance to buy.

The chance for bitcoin to reach new ATH is still wide open as we see the last ATH is at $67 and maybe that is just a test for bitcoin price before the price starts another rally. Besides that, it is good to see the price stable at $60k-$61k because the price can rally anytime.
DCA is good enough for me. I have used it for years now, probably nearly 13-14 years in my life (outside of crypto) and for about 3 years in crypto as well, I wish I did it earlier but I didn't expected bitcoin to be this big and when I made around 30x profit for the first time ever, I sold it all and got myself "real life" investments, which looks like a terrible mistake because it made another 20x profit on the price I sold. In any case I started back again 3 years ago and I have been doing very well ever since that day.

DCA allows you to be not caring about ups and downs, just buy and hold buy and hold and keep doing that forever. Eventually one day I may end up with millions of dollars in my name if I am lucky, that could take maybe 20 years who knows but I am sure it will be better than the stock market or any other method I could make a profit.
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October 24, 2021, 07:02:15 PM
 #87

I guess other coins in this crypto space got nothing to do with the progress of bitcoin; but moreover, those coins are diluting the easier possibilities of getting into $100 by distracting the investors. If all the new investors put all their money only into bitcoins then probably we are might be trading around $150k levels by this time by a rough estimates.


Other coins have nothing to do with the progress of bitcoin, but bitcoin itself has a great influence in advancing other coins in the market, the proof is that every bitcoin goes up, then other coins will also experience the same thing, although the increase is not so big on the selling price of other coins, and it is possible investors put all their money to invest in bitcoin instead of other coins will also have an impact on price increases, so they don't just get profits on bitcoin investments.
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October 24, 2021, 07:43:44 PM
 #88

If bitcoin continues this upward trend up until let's say November, there's a good chance we could hit 100k by the end of the year given the fact that bitcoin has little to no resistance beneath it that could impede with its pump. But honestly speaking there will be obstacles along the way that could stop bitcoin from reaching such high numbers by the end of the year so I expect it being able to reach this amount by Q1 of 2022 or Q2. The opportunity is still there but with a little bit of realism we could see how things really are going for bitcoin.
I guess other coins in this crypto space got nothing to do with the progress of bitcoin; but moreover, those coins are diluting the easier possibilities of getting into $100 by distracting the investors. If all the new investors put all their money only into bitcoins then probably we are might be trading around $150k levels by this time by a rough estimates.


Other coins have nothing to do with the progress of bitcoin, but bitcoin itself has a great influence in advancing other coins in the market, the proof is that every bitcoin goes up, then other coins will also experience the same thing, although the increase is not so big on the selling price of other coins, and it is possible investors put all their money to invest in bitcoin instead of other coins will also have an impact on price increases, so they don't just get profits on bitcoin investments.
This is more apparent last year when bitcoin was able to reach 30k by December, whereas ETH stayed at a very high 1k USD as well. Goes to show how impactful bitcoin is to other cryptocurrencies in the market. I still think there is some effect on bitcoin when other cryptocurrencies pump or dump but it's so minimal we might as well just disregard it. Rarely do I see investors in their right mind who are putting all their eggs in one basket when there is enormous opportunity to diversifying their assets.
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October 24, 2021, 09:21:55 PM
 #89

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's just a speculation, a lot of people say that too, you can see it on this forum or on twitter, but i don't suggest you buy bitcoin before you do some research about bitcoin, so go research anything about bitcoin and do you think it's worth it $100k
How you will find that bitcoin is worth for $100k or not? Just by calculating the mining energy it needed for minting bitcoins securely? To decide about the approximate value of one asset, we are having open market. So, it might be a good option for all the methods that we are using for our asset.

Personally I am expecting bitcoin to reach $100k levels but at the same time, definitely it will not stop around those price levels. Hence, we must need to be ready to see really higher end prices for bitcoins this year.

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Duelbits
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October 24, 2021, 11:19:05 PM
 #90

We did saw a quick price increase from bitcoin within the range today that has made it reached $66k. And it has also made a quick dump so both ways and possibilities are very available.
This is bitcoin that we get to see each day being very volatile and that's why the hope of seeing it @ $100k is always possible and giving it a timeline for December, whether it will or not on that month, we're always patient for it to be seen at that price.
Well, the all-time high didn't last long, that's for sure, and it was actually expected that it would fall shortly after. There's a slight possibility that Bitcoin will surpass $70,000 before 2022, but I'm not that positive about any further price increase within the year, it looks too much.
It's always like that, whenever bitcoin reaches new all-time high, it's not staying there for long. But that's okay as long as we get to see it and have it there, that only gives us more hope that we're likely to see higher price eventually. ATHs after ATHs as the very usual thing that will have in our minds.
So if you're longing to see those 6 digits in the future, we'll get to see them if you'll remain patient and will eventually wait for it. Just don't panic if there are FUDs being sent to the market.
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October 24, 2021, 11:43:56 PM
 #91

this forecasting thing is to be handled very cautiously, your friends may think that the price will reach $100,000 in December as a sure thing but come December and the price will be way below $60,000 because we always have to think about what will motivate the price reach $100,000 in a short time? big investors (which are the ones that make the price increase very fast) they buy with clear objectives, in this case they always buy when there is good news, so without good news there are no high prices quickly, in this current scenario it was the ETF, but From here to December things are already different, there has to be another scenario for the price to increase a lot

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October 24, 2021, 11:49:29 PM
 #92

The chance for bitcoin to reach new ATH is still wide open as we see the last ATH is at $67 and maybe that is just a test for bitcoin price before the price starts another rally. Besides that, it is good to see the price stable at $60k-$61k because the price can rally anytime.
The possibility is huge for that.  You can't go into bitcoin less optimistic with $100k or even more.  While Bitcoin ETF is still some way it can strengthen, although this is not necessary for bitcoin right now, the upcoming Taproot is another explosion to break out of the $70k zone, wait patiently because  Bitcoin's response will represent what the world faces with most hyperinflation problems.
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October 24, 2021, 11:59:41 PM
 #93

The chance for bitcoin to reach new ATH is still wide open as we see the last ATH is at $67 and maybe that is just a test for bitcoin price before the price starts another rally. Besides that, it is good to see the price stable at $60k-$61k because the price can rally anytime.
The possibility is huge for that.  You can't go into bitcoin less optimistic with $100k or even more.  While Bitcoin ETF is still some way it can strengthen, although this is not necessary for bitcoin right now, the upcoming Taproot is another explosion to break out of the $70k zone, wait patiently because  Bitcoin's response will represent what the world faces with most hyperinflation problems.

Only for people who have faith in the future of Bitcoin, who will be optimistic that Bitcoin is still able to reach new ATH again. Having previously
surprisingly very quickly reached the price of $ 67k. But with Bitcoin's growing popularity, it is not impossible that Bitcoin will reach new ATH
again in the near future. We must remember that this year Bitcoin received great support from the country of El Salvador, this could indirectly have
a good impact on Bitcoin, because there may be other countries that are also interested in legalizing Bitcoin as a legal tender. So I wouldn't be
surprised if Bitcoin finally manages to hit $100k by the end of this year. Because the achievement of Bitcoin in October is enough to convince me
that Bitcoin can make another surprise.

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October 25, 2021, 03:56:17 AM
 #94

bitcoin has a very good opportunity where bitcoin already has good support from various countries, especially after America launched the Bitcoin ETF exchange last week and the country of El Salvador has announced to its people that bitcoin is legal as a legal medium of exchange in their country.
Good opportunity to reach 100k  because of that 2 news you delivered ? so why Bitcoin still drops down below 60k yesterday ? if those reason is the opportunity then we must be at 65k again this moment  Grin

____________________________________________________________

We have more than 2 months from now , if the movement increase in the middle of November then possibilities are there but if not? then lets face it we are on the down trend in 2022.

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October 25, 2021, 04:36:08 AM
 #95

bitcoin has a very good opportunity where bitcoin already has good support from various countries, especially after America launched the Bitcoin ETF exchange last week and the country of El Salvador has announced to its people that bitcoin is legal as a legal medium of exchange in their country.
Good opportunity to reach 100k  because of that 2 news you delivered ? so why Bitcoin still drops down below 60k yesterday ? if those reason is the opportunity then we must be at 65k again this moment  Grin

____________________________________________________________

We have more than 2 months from now , if the movement increase in the middle of November then possibilities are there but if not? then lets face it we are on the down trend in 2022.

Whale saw a dip yesterday from $66k down to $59k in just 3 days, but now there's been a reversal of bitcoin back to its current $62k price. seems to be experiencing a weekly price correction where investors are trying to make profits in the short term and they are not long term investors. so it's only natural that such a decline occurs because bitcoin enters a volatile market.

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October 25, 2021, 08:03:31 AM
 #96

I just wonder why $70k is not looking for you "too much" but anything beyond that is so? You seem like you still not ready to accept the real potential of bitcoins. All bitcoin's bull run usually end up in bubble zone only. So, $70k cannot be such a bubble zone as it is just few thousands away. So, get ready for experiencing something above $100k or $200k before bears grab the dominance.

I guess especially now that price is again coming down from ATH,,, we must remember that for a lot of people this is the first time they have ever seen an ATH and it really did not look possible in August and September. So for them to actually witness it, the fear of missing out on ATH caught on. 70k++ was hardly too much considering less than 10% gain from ATH.

But still to grow 50% more to 100k? The logical market perspective fights this possibility Smiley

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October 25, 2021, 09:01:19 AM
 #97

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

Judging from bitcoin's current success, $100k is not a difficult level for bitcoin to reach, but I'm a bit hesitant to say that bitcoin will reach this level in December because bitcoin has hit twice ATH in one year, so we will have a correction first before hitting the $100k level, as bitcoin experienced last April.

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October 25, 2021, 09:28:08 AM
 #98

100k is possible but I still wouldn't estimate it occurs this year despite the recent new higher price.   I think more volume and pressure to break upwards is required for such a large gain, higher prices do bring in new sellers also its a cycle between both ends of the market.  To not be satisfied with pricing in the 60k is more then a little ungrateful, holding such a high price for this year is a great achievement in gains for Bitcoin; this is already a very positive market, developing will take time to build imo.

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October 25, 2021, 08:06:47 PM
 #99

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

Judging from bitcoin's current success, $100k is not a difficult level for bitcoin to reach, but I'm a bit hesitant to say that bitcoin will reach this level in December because bitcoin has hit twice ATH in one year, so we will have a correction first before hitting the $100k level, as bitcoin experienced last April.
indeed this year is bitcoin doing very different things where the ATH achievement is clearly already happening, the last one was Oct 20, 2021 at $67,276.79 which was clearly not long ago. but indeed after ATH is formed immediately there will always be a correction again.
but this is interpreted as a stepping stone to jump to a higher ATH.

So if there is a correction, there is no need to worry anymore, we can be sure that bitcoin will be able to increase again and make a leap to increase quickly. predictions so far are still that by the end of the year there will be another renewable ATH.
will it be the same as some analysts have said that it will reach $100K? certainly can be seen from the increase at the end of this October.
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October 25, 2021, 08:18:14 PM
 #100

100k is possible but I still wouldn't estimate it occurs this year despite the recent new higher price.   I think more volume and pressure to break upwards is required for such a large gain, higher prices do bring in new sellers also its a cycle between both ends of the market.  To not be satisfied with pricing in the 60k is more then a little ungrateful, holding such a high price for this year is a great achievement in gains for Bitcoin; this is already a very positive market, developing will take time to build imo.
You should be wanting to see it, but also get ready for something like that would never happen at the same time as well. I mean just because you think that 100k will happen doesn't mean that you should be making any type of plan for your future based on that before it happens. What if it doesn't happen this year? Then you are going to be behind your calculations and you are going to lose a lot of money because of it as well.

So, I suggest people to hope for a higher price but they should also not be making any type of movement or getting a loan or anything risky like a high leverage with all-in situation just because they are hoping for something like that. I suggest everyone that if you really want to make sure that you are going to make a profit then you should be also ready for a huge crash potential as well, that way you would hope and get happy about a future higher price, but also have some sort of drop defense system ready as well.

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