Will BTC reach $100,000 in December?

[Chato1977]

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

You already has your answer mate , we are more than a week before December ends and yet what we have now?

For me i will answer you frankly , NO WE WILL NOT MAKE IT TO 100k this year.

and even if next year i doubt this will happen that is also why i will keep my holdings for more years and will never expect high this year and the next.

[Dave1]

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

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.

By looking at the current situation and by assessing the time that left before December ends, maybe we won't be seen
Bitcoin touching more than $70k not unless big players will come up and start pushing the market up. So far, the pressure.
still on the selling side and even there are holders who continue to strongly holds, fear is starting to draw attention.

Long-term investors can take this situation as good opportunities, while day traders need to assess deeper to avoid
having certain losses.

December 2021 is almost over perhaps we may look for the new bitcoin price all-time high in early 2022, the first quarter. Bitcoin made the last all-time high of ~ $70,000 in mid-November 2021 and now we are in December where many investors are cashing out their investments before holidays. Bitcoin price reaching $100,000 this December is almost impossible because bitcoin price is currently struggling at $50,000.  

Wasn't one all time high enough? I mean, it's been only a month since the last record, which was high enough. I've already mentioned in previous posts that $100.000 was highly unlikely to occur within 2021. From my point of view, we're far from surpassing a new ATH in the near future, the market will be bearish for quite some time.

Well if it will be bearish, then it's time for us to either hedge or continue to accumulate.

We can't force the market to go to another all time high with this kind of movement, the volume is very low and everyone is very reluctant and we might see the price moving along the $40k-$49k for some time now.

And as we enter 2022, the future might be bleak and it's about time to really protect our assets against the bear trend.

[molsewid]

You already has your answer mate , we are more than a week before December ends and yet what we have now?

For me i will answer you frankly , NO WE WILL NOT MAKE IT TO 100k this year.

and even if next year i doubt this will happen that is also why i will keep my holdings for more years and will never expect high this year and the next.

The bull market happened earlier this year which it is a contradict to what we have used to know a perfect time for bullish trend as we always expect December is a season of waiting for bitcoin to hit another ATH. And the unexpected things also happen that we are now welcoming the bear season the earlier that we expected so yeah it is unlikely to happen that we were going to witness another milestone for bitcoin this month or even next year. I am also holding bitcoin today and as much as I wanted to sell it at the considerable price I can't, and hodling for a long term is the only choice I have right now.

[Renampun]

...

...

We may not even see it early in 2022 as the bearish trend could be prolonged for quite some few months. Maybe in the next 5-6 months since we haven't really have experienced bearish season since Bitcoin have pumped from $15k.
The sharpest drop might be around $20k.
But we can expect Bitcoin to be hovering around $40k to $48k for the rest of the days remaining in December, after that the real question begins whether or not Bitcoin would enter th bearish season or not.

I stick to the principle 'no one knows tomorrow'...

although the bearish trend seems to be able to last for an indefinite period of time, we also cannot forget that the crypto market is difficult to predict if only using technical analysis. let's keep believing in bitcoin and prepare ourselves if the value of bitcoin will go down or up before this year ends.

[Ngemmeng]

The cryptocurrency market is completely uncertain and you can't make the right decision based on what you think. The Bitcoin market has reached an all-time high of $ 70,000, but is now hovering below $50,000. However, this year may not be possible, but in the coming new year, Bitcoin will again be at its peak Will arrive.

then what makes you believe that in the coming new year the price of bitcoin will return to its peak? as you said if the crypto market is unpredictable, most likely next year the bitcoin price will often correct because this year bitcoin has been in a bullish phase for quite a while.

[ancafe]

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

You already has your answer mate , we are more than a week before December ends and yet what we have now?

For me i will answer you frankly , NO WE WILL NOT MAKE IT TO 100k this year.

and even if next year i doubt this will happen that is also why i will keep my holdings for more years and will never expect high this year and the next.

that's pretty self explanatory. the current state of which retaliated directly. I think, the current price of $100k is still unattainable. in fact, if the end of the year ends up being over $55k or $60k, that's already very good. what's more, if we start 2022 at that price, chances are, we can go back to discussing, and speculating that bitcoin price could possibly reach $100k or not.

[Fredomago]

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

You already has your answer mate , we are more than a week before December ends and yet what we have now?

For me i will answer you frankly , NO WE WILL NOT MAKE IT TO 100k this year.

and even if next year i doubt this will happen that is also why i will keep my holdings for more years and will never expect high this year and the next.

that's pretty self explanatory. the current state of which retaliated directly. I think, the current price of $100k is still unattainable. in fact, if the end of the year ends up being over $55k or $60k, that's already very good. what's more, if we start 2022 at that price, chances are, we can go back to discussing, and speculating that bitcoin price could possibly reach $100k or not.

Only a few more days and by assessment the value are not moving that hard to bounce back stronger, this current market still unpredictable if in anyhow it turned and bring back the barrier to $55K-$60K and yes that's the good time again to open this up in the next following quarter of 2022.

Unless there's a group of big whales who will push the price high before the end of this year 

We really can't conclude as crypto always has a big surprise!

[kotajikikox]

as the End year coming fast , today we will mark a 8 days journey for Bitcoin to reach this target but having said that the market shows resistance even in the Middle of the desire amount?

now  even 50k is unattainable so why would we expect the 100k  when even the half of it is impossible to reach now?

Let us accept this reality that 2022 will be the year and not this 2021.

[Falconer]

as the End year coming fast , today we will mark a 8 days journey for Bitcoin to reach this target but having said that the market shows resistance even in the Middle of the desire amount?

now  even 50k is unattainable so why would we expect the 100k  when even the half of it is impossible to reach now?

Let us accept this reality that 2022 will be the year and not this 2021.

This thread was created on October 11th where most people still have hope of seeing $100k by the end of the year. But now we are in the last 10 days of 2021 where we are increasingly convinced that $100K will be very difficult to achieve after the correction over the past month.

I don't think $50K is that hard even if it's in the countdown to the end of the year. It just takes a little extra patience for anyone who still believes in the potential price of bitcoin, but if it's ATH then I think it's still too difficult. We still have hope in early 2022, so be a little patient now.

[bakasabo]

You think that Bitcoin will surpass $50,000 by January 1 2022? Hard to believe that Bitcoin wont bounce immediately back as soon its price will near $50,000. I would be happy if Bitcoin passes that. Maybe I am a pessimist, but I am preparing for either another big price drop, either for ball bouncing effect, when all gains during one day, will be lost next day. Maybe this is due to not having a Christmas mood. I am just worried about the rising amount of covid cases and the whole situation with it. We are about to enter a third year of pandemic and solution from it is not even close. Dont know how much resources are left in people and economics, and when another crisis starts.

[xmonkeyx]

You think that Bitcoin will surpass $50,000 by January 1 2022? Hard to believe that Bitcoin wont bounce immediately back as soon its price will near $50,000. I would be happy if Bitcoin passes that. Maybe I am a pessimist, but I am preparing for either another big price drop, either for ball bouncing effect, when all gains during one day, will be lost next day. Maybe this is due to not having a Christmas mood. I am just worried about the rising amount of covid cases and the whole situation with it. We are about to enter a third year of pandemic and solution from it is not even close. Dont know how much resources are left in people and economics, and when another crisis starts.

apart from the world crisis we didn't predict it I think it's not that difficult for Bitcoin to reach 50k price in early january, bitcoin price is currently 48k and big movements always occur every day reaching 1-2k, isn't that very close to 50k.
this thread was created last month and discusses the speculation that bitcoin prices in december will be able to reach 100k, of course that won't be possible because we are currently at the end of the month with only a few days left.

[Sanitough]

You think that Bitcoin will surpass $50,000 by January 1 2022? Hard to believe that Bitcoin wont bounce immediately back as soon its price will near $50,000. I would be happy if Bitcoin passes that. Maybe I am a pessimist, but I am preparing for either another big price drop, either for ball bouncing effect, when all gains during one day, will be lost next day. Maybe this is due to not having a Christmas mood. I am just worried about the rising amount of covid cases and the whole situation with it. We are about to enter a third year of pandemic and solution from it is not even close. Dont know how much resources are left in people and economics, and when another crisis starts.

As for now, there's a bigger chance for bitcoin to hit $50k than $100k.

Prior to the huge dump, we were so optimistic that bitcoin will hit $100k before the year will end and looks like it's not even realistic now. What I'm saying is bitcoin will undergo some correction because starting the last quarter of last year it's already been pumping and bull run will eventually be over to give way to the long correction and it looks like it's happening now already.

[ranaprime]

Now we are staying at the last stage only one week left. So I think it is very difficult to reach bitcoin price at $100000. But now we will see the upward trend mood of Bitcoin regularly. Hopefully next year we will see expected bull market.

[milewilda]

Now we are staying at the last stage only one week left. So I think it is very difficult to reach bitcoin price at $100000. But now we will see the upward trend mood of Bitcoin regularly. Hopefully next year we will see expected bull market.

Expect the unexpected because its always been like this one where prices couldnt really predicted on what would happen even though last months of the year does impose those kind of impression on where the price could shoot up into those high levels of prices which had been always a presumption whenever we do hit these final months of the year because this is on where
the times where bull run do usually happens but its not always an assurance because look at on where we now on which the price hadnt really make out
some significant move.

[Ngemmeng]

Now we are staying at the last stage only one week left. So I think it is very difficult to reach bitcoin price at $100000. But now we will see the upward trend mood of Bitcoin regularly. Hopefully next year we will see expected bull market.

now no one expects the bitcoin price to reach $100k by the end of the year because everyone knows that is impossible, moreover the bitcoin price is currently trending down. I think the bull market that many people expect is still very possible in 2022 if prices are able to recover quickly like in the middle of 2021.

[mattujusuruga]

December's performance was still in the price consolidation phase, therefore the price of bitcoin could not break through the $100,000 price level at the end of this year. even though the rest of the year is only a few days away the bitcoin price is still struggling to get back to the $60k level.

[Obito]

December's performance was still in the price consolidation phase, therefore the price of bitcoin could not break through the $100,000 price level at the end of this year. even though the rest of the year is only a few days away the bitcoin price is still struggling to get back to the $60k level.

That's what I thought too, it may not have reached what many expected, it's still higher than the last year so it's not that bad plus the 100k by the end of the year was a prediction that just got a great hype around it that they were able to circulate among the people. Maybe next year we might reach that and if not then we just have to wait I guess.

[rodskee]

With Hours before the end of 2021 happens , i think the answer is enough to make this thread closed by Moderators as it clearly says "NO Bitcoin will Never Reach 100$k thi December"
I hate to disappoint all of the Bullish but this is what it is.

Actually will be reporting this thread tomorrow to be closed as this only brings frustrations to those who had been trapped waiting for that 6 digits figures to be reached.
sorry guys but this is not enough time for the great hype.
maybe in the following years? but 1 thing is certain that bitcoin will reach that high in right time.

[Fredomago]

December's performance was still in the price consolidation phase, therefore the price of bitcoin could not break through the $100,000 price level at the end of this year. even though the rest of the year is only a few days away the bitcoin price is still struggling to get back to the $60k level.

That's what I thought too, it may not have reached what many expected, it's still higher than the last year so it's not that bad plus the 100k by the end of the year was a prediction that just got a great hype around it that they were able to circulate among the people. Maybe next year we might reach that and if not then we just have to wait I guess.

A good way to attract newcomers to invest, it's just prediction and not a fact that it will break that value, if not this year maybe the following or the next one, as long as there are people who continue supporting this industry, that amount is very possible to achieved. We should move forward and keep holding. If you can't do it with bulk, little by little will do.

December was ended. Now, it's safe to say or to answer this OP's question with a big "NO"

[elisabetheva]

December's performance was still in the price consolidation phase, therefore the price of bitcoin could not break through the $100,000 price level at the end of this year. even though the rest of the year is only a few days away the bitcoin price is still struggling to get back to the $60k level.

obviously not going to happen and currently the price is at $47,062.55 of course what must be maintained is not to let bitcoin fall below $40K because it will obviously make it difficult to increase again and it will take quite a long time. currently the price of bitcoin is quite stable and we hope that what is done is to be able to do the latest ATH to at least break $70K first. if indeed the events in 2021 will be the same as this year, then at the beginning of the next month there will be an increase, we are waiting for it.