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Author Topic: Will BTC reach $100,000 in December?  (Read 1330 times)
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November 28, 2021, 09:29:09 AM
 #161

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
In my opinion, After the bitcoin price hit a new ATH for the second time this year, Bitcoin is currently in a correction phase as there is practically no resistance to the upside. Bitcoin price is still difficult to reach levels above $66k. Therefore, it will be difficult to determine the next target at the level of $100k in December. However, it is important to note that the market trading volume is now higher, which means the bitcoin price will not drop below $30k again.

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November 28, 2021, 10:15:45 AM
 #162

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.

Nah, it goes down to $54k-$55k so there's no stabilizing but the price keeps falling a bit. Maybe because of the news about the new strain discovered in South Africa and now spreading in Israel and EU.

So we are moving away from that $100k prediction this December. However, it's not the end of bitcoin if we didn't reach 6 digit at the end of the year. We might still attempt at it next year when everything has settled a bit.
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November 28, 2021, 10:16:21 AM
 #163


... Bitcoin is currently in a correction phase as there is practically no resistance to the upside. Bitcoin price is still difficult to reach levels above $66k. Therefore, it will be difficult to determine the next target at the level of $100k in December. However, it is important to note that the market trading volume is now higher, which means the bitcoin price will not drop below $30k again.

I don't think it will ever again unless something extraordinary happens to the economy of the world or the technology, what happened last year is a huge opportunity that was offered to us, and about the price of Bitcoin this December I don't think it's possible anymore, we just have to be thankful that we break the old-time high, maybe next year the $100k is possible, every year things gets better.

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November 28, 2021, 10:46:56 AM
 #164

I don't think it will ever again unless something extraordinary happens to the economy of the world or the technology, what happened last year is a huge opportunity that was offered to us, and about the price of Bitcoin this December I don't think it's possible anymore, we just have to be thankful that we break the old-time high, maybe next year the $100k is possible, every year things gets better.
seems, for this year, the price of bitcoin reached $100k to be very small huh. I also think so. a few months ago, I speculated that this month the bitcoin price could reach the $75k or $80k range. however, it looks like a correction is taking place and pushing bitcoin even below $60k.
however, reaching a price of $70k alone is a very good start to 2022. I still believe that prices will rise again in the near future. however, it doesn't look like the price will reach $100k by the end of this year. Well, let's hope it's actually achieved in 2022.

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November 28, 2021, 06:24:30 PM
 #165

for this year, the price of bitcoin reached $100k to be very small huh. I also think so. a few months ago, I speculated that this month the bitcoin price could reach the $75k or $80k range. however, it looks like a correction is taking place and pushing bitcoin even below $60k.
however, reaching a price of $70k alone is a very good start to 2022. I still believe that prices will rise again in the near future. however, it doesn't look like the price will reach $100k by the end of this year. Well, let's hope it's actually achieved in 2022.
I have seen many people talking about 100k recently, everyone is aiming at that and I hope that it happens. Yet, just like you said, even if we are above 70k and whatever it is, it could be 70001 then I would be happy about it. That's a great base to start with, every year bitcoin is reaching insane numbers and I am quite happy about it. Aside from going from 2018 to 19, nearly every year was a big success and I hope that same could happen this time around as well.

I can't say much about what is going to happen but I see that every time we are higher yearly, that is a good thing for the future. If we are higher every year, what would be the price of bitcoin in 2030? That is the thing that I am so happy about, if we keep this long term trajectory going on, then we are going to end up with something huge when 2030 hits and maybe that would mean I would be rich? Who knows.

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November 28, 2021, 11:33:57 PM
 #166

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
maybe $100k or under $100k....just a reminder that bitcoin prices can't be predicted 100% accurately.  but seeing how investors are interested in the crypto market later this year i'm pretty sure the bitcoin price will be at $100k, buy it before it's too late.
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November 28, 2021, 11:53:43 PM
 #167

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
maybe $100k or under $100k....just a reminder that bitcoin prices can't be predicted 100% accurately.  but seeing how investors are interested in the crypto market later this year i'm pretty sure the bitcoin price will be at $100k, buy it before it's too late.
The market correction is underway, an initial resistance break have taken place. Maybe in the starting week of December if there is further resistance break then there is more chance for a bullish move. If not the market will stabilize and further move forward, which won't cause immediate growth of reaching $100k within a month's time.

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November 29, 2021, 02:17:21 AM
 #168

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
maybe $100k or under $100k....just a reminder that bitcoin prices can't be predicted 100% accurately.  but seeing how investors are interested in the crypto market later this year i'm pretty sure the bitcoin price will be at $100k, buy it before it's too late.
this is very interesting, to reach $100k before the end of the year means bitcoin will have to increase about 90% from its current price within 1 month. looking at the current market conditions it seems like this is very difficult to happen, but even so anything can still happen because bitcoin price movements are unpredictable. but I personally think the highest price that bitcoin can achieve at the end of this year is around $75k.

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November 29, 2021, 07:59:18 AM
Last edit: November 29, 2021, 01:07:49 PM by mprep
 #169


... Bitcoin is currently in a correction phase as there is practically no resistance to the upside. Bitcoin price is still difficult to reach levels above $66k. Therefore, it will be difficult to determine the next target at the level of $100k in December. However, it is important to note that the market trading volume is now higher, which means the bitcoin price will not drop below $30k again.

I don't think it will ever again unless something extraordinary happens to the economy of the world or the technology, what happened last year is a huge opportunity that was offered to us, and about the price of Bitcoin this December I don't think it's possible anymore, we just have to be thankful that we break the old-time high, maybe next year the $100k is possible, every year things gets better.
Indeed, since the beginning of last year the price of bitcoin has been in a bullish trend, although towards the end of this year the price of bitcoin had experienced a decline after breaking the ATH record. However, this decline is still reasonable and it is very likely that the price will increase significantly next year.



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
maybe $100k or under $100k....just a reminder that bitcoin prices can't be predicted 100% accurately.  but seeing how investors are interested in the crypto market later this year i'm pretty sure the bitcoin price will be at $100k, buy it before it's too late.
Indeed the price of bitcoin cannot be predicted accurately, but at least we can observe the chart using fundamental techniques that can be used as a source to predict the rise or fall of bitcoin prices. However, one of the things that makes the price of bitcoin increase is that the more market participants who hold bitcoin, the price will quickly increase.

[moderator's note: consecutive posts merged]

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November 29, 2021, 08:30:48 AM
 #170

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
maybe $100k or under $100k....just a reminder that bitcoin prices can't be predicted 100% accurately.  but seeing how investors are interested in the crypto market later this year i'm pretty sure the bitcoin price will be at $100k, buy it before it's too late.
The market correction is underway, an initial resistance break have taken place. Maybe in the starting week of December if there is further resistance break then there is more chance for a bullish move. If not the market will stabilize and further move forward, which won't cause immediate growth of reaching $100k within a month's time.
And why still looking for that 6 digits value ? isn't very early to expect ? we have already more than x3 in the recent 2017 pump in which almost 20,000$ , now we reached almost 70k this is great movement from Bitcoin itself.
What i am aiming is to maintain this level at least till next year .

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November 29, 2021, 03:15:11 PM
 #171

The market correction is underway, an initial resistance break have taken place. Maybe in the starting week of December if there is further resistance break then there is more chance for a bullish move. If not the market will stabilize and further move forward, which won't cause immediate growth of reaching $100k within a month's time.
And why still looking for that 6 digits value ? isn't very early to expect ? we have already more than x3 in the recent 2017 pump in which almost 20,000$ , now we reached almost 70k this is great movement from Bitcoin itself.
What i am aiming is to maintain this level at least till next year .
That big enough pump started bitcoin with a huge 70k achievement maybe the 4th time bitcoin could continue to redeem, so actually this is too pressing for bitcoin prices that want to continue high even though we know it's common to be a correction after ATH.
But bitcoin itself can reach very high values maybe we will have to see in the coming year and we are pretty sure this movement will not stop here.

My hope is in 2022.
The altcoin season  up
and the trend is still there/hype
Bitcoin at the price of 100k.

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December 01, 2021, 04:05:42 PM
 #172

In my opinion, the price of bitcoin seems difficult to reach $100k in December because after experiencing a decline in the price of the last few weeks, the price of bitcoin is still not showing a significant increase. Therefore, maybe in December the price of bitcoin will only reach $70k especially now that it has entered the end of 2021.

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December 05, 2021, 01:22:13 PM
 #173

As it is trading platform so anything can be happen. Some days ago we saw that bitcoin price touched 70k but not exactly. Suddenly at that moment the price go down 55k. So it is unpredictable. Overall according to the situation I also believe that bitcoin price will reach 100k with in short of time.

I have been reviewing the market and it has been with an incredible uncertainty, all the tools that I review do not give me good information in the short or long term, I see that the volume is in a high volatility, I know that Microestrategi has bought a certain amount of BTC that They are a plus for the market, however I do not see that this purchase has felt the upward effect that is expected, but quite the opposite, there are many downward expectations, however I may be wrong in my perception, I have not been able to enter the market, I do not like to enter with insecurity. For December what I do hope is that it reaches at least $ 85k and that it focuses on its way to $ 100k.

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December 05, 2021, 01:42:07 PM
 #174

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
Those your friends believe that because they are holding some amount of Bitcoin and naturally every human is some how greedy and that was why they are expecting huge profit believing Bitcoin will hit $100k before December ending. I strongly believe that their expectations is unlikely because there is no sign in the current market trend of Bitcoin that it will hit such amount this year end.

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December 05, 2021, 02:05:50 PM
 #175

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
Those your friends believe that because they are holding some amount of Bitcoin and naturally every human is some how greedy and that was why they are expecting huge profit believing Bitcoin will hit $100k before December ending. I strongly believe that their expectations is unlikely because there is no sign in the current market trend of Bitcoin that it will hit such amount this year end.
Well yeah and given the fact that the current situation more likely to a real bearish insted a fake one or even bulish , it's nearly impossible now to get us that $100k price target before the december end.

tell them that being a believer is hard , put the seat belt on from now as there might another wave coming after this , and a couple months after the 2022 kicked off they may re-start the confident back hoping for the new ATH .

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December 05, 2021, 05:12:17 PM
 #176

Well obviously its impossible since the bearish already taken the market, see how bitcoin plunges below 50k afterwards. Looks not good right? So tell your friends that its not an easy thing to do especially when it comes crypto because there's a bunch of weak hands for your information. Lol  after 2-3 year probably its possible and enough time to achieve that level..not now and not on this situation stop dreaming tell your friends ..  Grin
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December 07, 2021, 08:56:51 AM
 #177

In my opinion, the price of bitcoin seems difficult to reach $100k in December because after experiencing a decline in the price of the last few weeks, the price of bitcoin is still not showing a significant increase. Therefore, maybe in December the price of bitcoin will only reach $70k especially now that it has entered the end of 2021.
Currently, the value of every bitcoin is at 51.6k USD and we are now experiencing a price correction and hopefully it will go higher this month before this year will end. Yea, you're right $70k is possible this month after the decline we've experienced, that price is a bit fair but 100k USD? That may sound quite impossible for this year, but in the year 2022, it's very possible for bitcoin to reach that milestone.
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December 07, 2021, 03:20:41 PM
 #178

In my opinion, the price of bitcoin seems difficult to reach $100k in December because after experiencing a decline in the price of the last few weeks, the price of bitcoin is still not showing a significant increase. Therefore, maybe in December the price of bitcoin will only reach $70k especially now that it has entered the end of 2021.
Currently, the value of every bitcoin is at 51.6k USD and we are now experiencing a price correction and hopefully it will go higher this month before this year will end. Yea, you're right $70k is possible this month after the decline we've experienced, that price is a bit fair but 100k USD? That may sound quite impossible for this year, but in the year 2022, it's very possible for bitcoin to reach that milestone.
It's bouncing from $50k-$51k, a good indication that we might be in for a good bounce up to the end of the year.

But we will have to wait, maybe this could be a bull trap (hopefully not).

And we all know that December's historical past is good as it is very bullish, but I doubt that we can reach $100k before the end of 2021. All expectations for a 6 digit is not going to happen. However, it doesn't mean the end of bitcoin, we still have 2022 to look forward and who knows, maybe the first quarter of the year will be very bullish and we might see that milestone.

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December 09, 2021, 08:06:56 PM
 #179

In my opinion, the price of bitcoin seems difficult to reach $100k in December because after experiencing a decline in the price of the last few weeks, the price of bitcoin is still not showing a significant increase. Therefore, maybe in December the price of bitcoin will only reach $70k especially now that it has entered the end of 2021.
Currently, the value of every bitcoin is at 51.6k USD and we are now experiencing a price correction and hopefully it will go higher this month before this year will end. Yea, you're right $70k is possible this month after the decline we've experienced, that price is a bit fair but 100k USD? That may sound quite impossible for this year, but in the year 2022, it's very possible for bitcoin to reach that milestone.
if we look at the decline in the price of bitcoin in the last few days, it is quite large because the market capitalization has also fallen greatly. Therefore, if you want to make short-term investments, it would be better to be more careful in the midst of this high volatility in the short term.

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December 09, 2021, 11:28:18 PM
 #180

In my opinion, the price of bitcoin seems difficult to reach $100k in December because after experiencing a decline in the price of the last few weeks, the price of bitcoin is still not showing a significant increase. Therefore, maybe in December the price of bitcoin will only reach $70k especially now that it has entered the end of 2021.

to reach $70k by the end of the year there seems to be hope, although it is very difficult to happen.
today the price of bitcoin fell back below $50k and I hope that $50k is no longer a resistance line that is difficult for bitcoin to break. if this happens again of course the price of bitcoin will be stuck below $50k for quite a long time and the chance to reach $70k by the end of the year is getting smaller.

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