Will BTC reach $100,000 in December?

[BITCOIN4X]

What happened with october hitting a new ATH $66k makes me optimistic that december will hit $100k, the ever-increasing daily transaction volume is a strong indication that we are getting closer to $100k, and i'm sure the bitcoin low will not go below $50k .

The best indicator to see bitcoin price hit $100K this year is that big investors don't yet intend to sell all bitcoin in a bull market. If they can stick with bitcoin, then this price will continue to increase little by little with the support of many new investors out there. I still think that during November the price of bitcoin can break through $70k, then in December it will probably break through $100k. So, have you prepared yourself to welcome it?

[the ghabbar]

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

There is no doubt about bitcoin at the moment, even bitcoin itself has hit a new ATH twice in a year, a sign that bitcoin will continue to give surprises until the end of the year, although bitcoin also felt a correction in the previous month, it is likely that we can see market conditions in a few days and last month, many analysts even dared to release the results of their research, that bitcoin will reach a price of 100,000 US dollars, let's wait until the end of this year.

There are many up and down to expect, crypto volatility still exist and still in the same format, thought now, the rising bull is more dominant as even correction take place the recovery to stay on a good levels is really giving good signs that Bitcoin can bring more profits to those who can hold and wait.

$100K always a good target, but it would be take some time, or if there're big investors to pressure the market and pumped it up

We never know if that amount from OP would be the highest peak

Indeed, no one can guarantee bitcoin by the end of the year will reach the price of $100k, but if you look at corrections almost twice a year, then the opportunity will probably happen, moreover crypto volatility is still there and is still in the same format, it means there will be a pump that bigger against bitcoin before the start of the year, and if you're watching it might be in the 11th or 12th month.

[bitzizzix]

What happened with october hitting a new ATH $66k makes me optimistic that december will hit $100k, the ever-increasing daily transaction volume is a strong indication that we are getting closer to $100k, and i'm sure the bitcoin low will not go below $50k .

The best indicator to see bitcoin price hit $100K this year is that big investors don't yet intend to sell all bitcoin in a bull market. If they can stick with bitcoin, then this price will continue to increase little by little with the support of many new investors out there. I still think that during November the price of bitcoin can break through $70k, then in December it will probably break through $100k. So, have you prepared yourself to welcome it?

I agree, and many big investors are still not satisfied with the current bitcoin price which keeps the bitcoin price high and will continue to increase as a lot of new investors are popping up and also good news is pouring in for bitcoin and it will increase the bitcoin price.
and I think reaching 70k will be reached in the near future and will continue to increase until it reaches 100k by the end of December because I think the good news for bitcoin will continue which will affect the price of bitcoin to continue to rise.

[bengsabeng]

Well, I'm eagerly anticipating that crazy bull run.  Bitcoin has a strong start today, to hit $100k or so at 130k is a possibility then November is crucial to move to that point at EOY.  Waking up on the ground and going to the moon, it won't be faster at that psychological level, I guess $70k will fill up fast I guess it will be next week.

this is the same as the case when bitcoin tried to break through $50k, where the bitcoin price broke through $50k but didn't last long and after that the bitcoin price stabilized between $45-$49k for quite a long time. the resistance line is currently turning into $64k and I am very sure that soon the bitcoin price will break through that resistance line and will reach the point of $70k or even $80k.

[maydna]

Well, I'm eagerly anticipating that crazy bull run.  Bitcoin has a strong start today, to hit $100k or so at 130k is a possibility then November is crucial to move to that point at EOY.  Waking up on the ground and going to the moon, it won't be faster at that psychological level, I guess $70k will fill up fast I guess it will be next week.

this is the same as the case when bitcoin tried to break through $50k, where the bitcoin price broke through $50k but didn't last long and after that the bitcoin price stabilized between $45-$49k for quite a long time. the resistance line is currently turning into $64k and I am very sure that soon the bitcoin price will break through that resistance line and will reach the point of $70k or even $80k.

Perhaps, the $70k will breakthrough this month because the bitcoin price is almost hit $70k a few days ago. So the chance for the price to increase really breaks through to $70k can happen in the next bull run. We can wait for what will happen in the rest of this month and prepare to sell at our target price. Perhaps, the price will not just hit $70k but it could hit more than $75k so it is exciting to wait and see the bitcoin price movement from today while we can buy more bitcoin if the correction comes.

[Vaskiy]

Well, I'm eagerly anticipating that crazy bull run.  Bitcoin has a strong start today, to hit $100k or so at 130k is a possibility then November is crucial to move to that point at EOY.  Waking up on the ground and going to the moon, it won't be faster at that psychological level, I guess $70k will fill up fast I guess it will be next week.

this is the same as the case when bitcoin tried to break through $50k, where the bitcoin price broke through $50k but didn't last long and after that the bitcoin price stabilized between $45-$49k for quite a long time. the resistance line is currently turning into $64k and I am very sure that soon the bitcoin price will break through that resistance line and will reach the point of $70k or even $80k.

Perhaps, the $70k will breakthrough this month because the bitcoin price is almost hit $70k a few days ago. So the chance for the price to increase really breaks through to $70k can happen in the next bull run. We can wait for what will happen in the rest of this month and prepare to sell at our target price. Perhaps, the price will not just hit $70k but it could hit more than $75k so it is exciting to wait and see the bitcoin price movement from today while we can buy more bitcoin if the correction comes.

According to the onchain data the buying pressure have decreased and the panic selling pressure has increased due to FUD. This keeps the market in the correction phase and $70000 is the next major resistance level. Before that it'll tend to break $66k. Based on the ongoing market scene the price could go down to $60k if the resistance doesn't get broken as whales and institutional investors are buying out of the panic sell pressure.

[Sayeds56]

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 will not only hit 100,000$ but also go beyond it but when it remains to be seen.  There is huge institutional interest in Bitcoin as well as mass adoption is going on at fast pace. Salvador already announced Bitcoin as legal tender and more will announce soon. Taproot upgrade is also coming within next few days which will upgrade Bitcoin to improve its functionality. This should also make good impact on Bitcoin Price.

[STT]

Improvement to the protocol capabilities is a good thing long term but speculation relates usually to shorter term dynamics more where anything can happen.

I think we are bearish for now,



We have some slight pattern of lower highs and lower lows which just in a simple take leads us lower shorter term.  Its harder to say for how long in time and price this will be but below 65k I do think its bearish this week at least.

[FanEagle]

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.

I get that we have 1 bad year, 2 decent years, 1 awesome year, and 1 bad year again and that cycle continued so far. However this doesn't mean that 2022 needs to be a bad year. It could be a great year as well, maybe this year everything will be different and we are going to have a huge profit this year?

Maybe it will be the year we reach to 100k? I do not know what will happen in 2022 and neither anyone else. So, we just need to wait and see what happens. I hope that it does a lot better, sure it doesn't look like it will be based on history but history doesn't need to repeat itself. I am very hopeful about 2022 and hope to see us break 100k+ and I do not expect a big fall at all.

[maydna]

Well, I'm eagerly anticipating that crazy bull run.  Bitcoin has a strong start today, to hit $100k or so at 130k is a possibility then November is crucial to move to that point at EOY.  Waking up on the ground and going to the moon, it won't be faster at that psychological level, I guess $70k will fill up fast I guess it will be next week.

this is the same as the case when bitcoin tried to break through $50k, where the bitcoin price broke through $50k but didn't last long and after that the bitcoin price stabilized between $45-$49k for quite a long time. the resistance line is currently turning into $64k and I am very sure that soon the bitcoin price will break through that resistance line and will reach the point of $70k or even $80k.

Perhaps, the $70k will breakthrough this month because the bitcoin price is almost hit $70k a few days ago. So the chance for the price to increase really breaks through to $70k can happen in the next bull run. We can wait for what will happen in the rest of this month and prepare to sell at our target price. Perhaps, the price will not just hit $70k but it could hit more than $75k so it is exciting to wait and see the bitcoin price movement from today while we can buy more bitcoin if the correction comes.

According to the onchain data the buying pressure have decreased and the panic selling pressure has increased due to FUD. This keeps the market in the correction phase and $70000 is the next major resistance level. Before that it'll tend to break $66k. Based on the ongoing market scene the price could go down to $60k if the resistance doesn't get broken as whales and institutional investors are buying out of the panic sell pressure.

When the downtrend still appears, the data could be changed and the buying pressure will increase while the selling pressure will decrease because people want to buy bitcoin at a low price. This time, people are trying to buy more bitcoin at the current price because they don't want to miss to make a big profit later. They believe that the bitcoin price will increase more than $70k so they want to buy it again and sell bitcoin at the highest price.

[snipie]

Improvement to the protocol capabilities is a good thing long term but speculation relates usually to shorter term dynamics more where anything can happen.

I think we are bearish for now,

https://i.imgur.com/O0Erx5j.png

We have some slight pattern of lower highs and lower lows which just in a simple take leads us lower shorter term.  Its harder to say for how long in time and price this will be but below 65k I do think its bearish this week at least.

Ups and downs, and it is recovery and consolidation time right now while waiting for a serious push to rise the price up to +$70k by the end of November. December is the month where bitcoin price rises the most historically but I don't have the feeling to see $100k this year. I hope my feelings are wrong of course!
There is another issue, Musk trouble with taxes, it can go to either direction, get ride of some of his crypto wealth or turn it to cryptocurrencies. This could push the price beyond our expectations imo

[Fredomago]

When the downtrend still appears, the data could be changed and the buying pressure will increase while the selling pressure will decrease because people want to buy bitcoin at a low price. This time, people are trying to buy more bitcoin at the current price because they don't want to miss to make a big profit later. They believe that the bitcoin price will increase more than $70k so they want to buy it again and sell bitcoin at the highest price.

Long-term investors have that mindsets while daytrader have different views about the market. The selling pressure sometimes is also being artificially created by big fat whales. You need to assess and make sure that before you place your entry; you performed every necessary research, anticipating the market is really hard, but with good knowledge and understanding, the chance of making a good amount of money is really possible.

Buy low and sell high, very common but difficult to perform when you are inside this high volatility market.

Your deeper engagement may increase your chance to work well, deciding whether to believe that $100K still achievable depends on how you assess everything.

[Devifajarina]

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

The probability is greater and it is close to correct the prediction, if we look at the condition of bitcoin in the market in the last few months, but anything can happen to coins in crypto, and bitcoin is no exception, if you can pay attention to statistics on the movement and development of bitcoin in the market, then Bitcoin will most likely reach $100,000 US dollars by the end of the year or early next year.

[Yaunfitda]

Improvement to the protocol capabilities is a good thing long term but speculation relates usually to shorter term dynamics more where anything can happen.

I think we are bearish for now,

https://i.imgur.com/O0Erx5j.png

We have some slight pattern of lower highs and lower lows which just in a simple take leads us lower shorter term.  Its harder to say for how long in time and price this will be but below 65k I do think its bearish this week at least.

Ups and downs, and it is recovery and consolidation time right now while waiting for a serious push to rise the price up to +$70k by the end of November. December is the month where bitcoin price rises the most historically but I don't have the feeling to see $100k this year. I hope my feelings are wrong of course!
There is another issue, Musk trouble with taxes, it can go to either direction, get ride of some of his crypto wealth or turn it to cryptocurrencies. This could push the price beyond our expectations imo

Yeah, so it will take time, again, we experience some correction in the last 3 days and in the last week, bitcoin is -6%++.

So not so fast for that $70k goal for this month, I thought though that we are going to exceed $80k for this month, however, I'm wrong at every sense. But still not over yet, we are still in the bullish phase and we have the month of December to really push the price this 2021. I don't want to talk about the expectations of 6 digits, if it will come then good, if not then we shouldn't be disappointed.

[Semar Mesem]

About 13 more days we will enter December, although the market is red these few days but I'm optimistic that December will now skyrocket, the price of $100k will be reached soon of course because November can improve and pass $70k. and now focus on buying and holding so that we can make big profits in December.

[uneng]

Let's see how deep the most recent correction is going to take bitcoin, so we can have a hint about how further bitcoin can reach by the end of this year. I just hope it doesn't take too long for the correction to cease, because if it does, there are serious chances bitcoin isn't going to hit 100,000$ or even 80,000$ or 90,000$ this year yet.

Personally I think there isn't a strong reason to justify the crash in price we see right now. There aren't important events to back it, what makes me believe it's just some whales cashing out their funds and not a serious crisis involving waves of investors getting their funds out of crypto market fearing a bearish season, what could generate a harmful domino effect.

[lepbagong]

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

the possibility will always be the case for bitcoin, there is nothing impossible that bitcoin can do. although the current price movement is indeed difficult to predict, because it can quickly change up and down as well as quickly. but optimism for bitcoin is not a difficult thing to do, it just takes patience for it.

It is still possible, market is now very hard to defined sometimes it goes down like crazy but it turns back like a bull again. Based on market movement I feel like there is still hope that btc will rise up to 100,000$ on December. Maybe after the dip we will see btc reach another  all time high price.

Yes, you are right. Bitcoin is currently difficult to predict with the steps it takes, at any time it can change quickly either down or up. so when it was just one step to reach $70K only, finally corrected very deeply to date and has been at a price of $55,993 will it continue to fall to $30K like July or $40K like September? we have to wait for that. hopefully it doesn't happen because the upgrades to be made are too far.

[lenovop-70]

What happened with october hitting a new ATH $66k makes me optimistic that december will hit $100k, the ever-increasing daily transaction volume is a strong indication that we are getting closer to $100k, and i'm sure the bitcoin low will not go below $50k .

I am agree with your said, the BTC will not going down under $50K again, the support has solid and strong on top of that, so I think what you're saying makes sense. Just let people sell their BTC in panic due to correction, and those of us who believe in BTC will be winners

[n0ne]

The price of bitcoin is stabilizing around $57k - $59k for some time period. If this resistance gets broken we can expect the price increase to continue. Over the last week the buy force have decreased alot. When buy pressure decreases the sell price can be seen high. This will disturb the market and doesn't allow to break resistance barriers. So, for sometime the market will grow with fluctuation than a complete bull trend. So, $100k in December is not a possible one.

[peter0425]

The price of bitcoin is stabilizing around $57k - $59k for some time period. If this resistance gets broken we can expect the price increase to continue.

57-59k is not the resistance because we had already broken the 68,900$ value meaning the next target is 70 and that is the resistance.

Over the last week the buy force have decreased alot.

decreased a Lot? losing almost 10k in the ATH is a Lot for you? well for me that is just a peanut compared to the price last year same date.

When buy pressure decreases the sell price can be seen high. This will disturb the market and doesn't allow to break resistance barriers. So, for sometime the market will grow with fluctuation than a complete bull trend. So, $100k in December is not a possible one.

nope there are no decreases in Buying pressure instead correction is what we are having .