XUR_TIP
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December 31, 2021, 06:19:14 PM |
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Six figure per BTC is possible but more adoption have to take place maybe in 2022? Well we all have to stay strong and wait for a good outcome also bear market is a possibility because it's been two years already that bull has been here so any sudden change won't be a surprise to me anymore always expect the unexpected
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pealr12
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December 31, 2021, 06:21:56 PM |
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Today is 31st of December and by now you should have know that 100btc in 2021 is impossible and also things is different this time around, December is always a good year for crypto most especially when bull season is still around but this December brakes that history and become something we haven't seen before, what have you learn here?
This wasn't the first December btc behaved like this, I can't say specifically when but it is not all December you see a massive bull run, actually, I was expecting the market to be a bit different this time especially because of the way the crypto space has evolved since 2018, I was hoping to see the market to be more stable more than the usual bear market, but I believe compare to the previous dip, this is not that frightening, hopefully, there won't be more dip in 2022, One thing I learn is to have a set target and stick to it regardless of what else is happening in the market.
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wxa7115
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December 31, 2021, 06:43:33 PM |
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Today is 31st of December and by now you should have know that 100btc in 2021 is impossible and also things is different this time around, December is always a good year for crypto most especially when bull season is still around but this December brakes that history and become something we haven't seen before, what have you learn here?
Without a doubt the December that we are experiencing and that is about to end is not what we were expecting, however it is not as big of a deal as some people are making out to be. After all it is silly to think that during each December the price is going to go up or that we were about to have a similar December to the one we had during 2017, even if the market behaves in a similar way to the way it behaved in the past there is no guarantee it would do so at the same exact time and with the same magnitude, so we must do what any good trader or investor must do under the current circumstances, and that is to adjust our strategy depending to what we see in the market.
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Yaunfitda
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December 31, 2021, 06:54:52 PM |
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There is a ton of pressure now that institutions are holding large amounts of crypto and VCs are pumping money into projects. Combine that with there being options and futures available now on Bitcoin and you have a market that is a bit more manipulated. You have over $6 billion worth of options expiring today with a maximum pain price for Friday’s option expiration at $48,000, which is the strike price with the most open options contracts. In other words, $48,000 is a strike price that would cause losses for the majority of options holders at expiration. Like clockwork, BTC is hovering right around 48k and will likely all day. Next week is when we can expect to see a move in one way or another.
OK, thanks for bringing this up, I totally forget the bitcoin expirations, that's why it was pump to $48k and then suddenly goes down to $46k in the last couple of hours. And you are right usually before the expiration, prices tends to go down obviously. But there is a good case that the price might pick up again next week as usually the first week of the year are very bullish in the last 4 years.
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adzino
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December 31, 2021, 07:05:20 PM |
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This is why we say the market is very unpredictable. Just because the price went up during December the last few years, doesn't mean it will go up again this December. But it wasn't a bad year at all. We already reached new all time high twice this year. It was very volatile during the mid year. We went below $35,000 but did manage to recover very soon. Today is 31st of December and by now you should have know that 100btc in 2021 is impossible and also things is different this time around.
You mean $100k in BTC? Yeah, it was always impossible. Good we didn't hit $100k within December. I would rather prefer a steady rise in price because that is what a healthy market would look like. All those $100k price prediction was just some sort of bullshit prediction to make people FOMO into bitcoin.
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ultrloa
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December 31, 2021, 07:23:01 PM |
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December is always good for crypto due to other markets down and investors were invested in the crypto market and this year expectation price of BTC was $100K but due to OMICRON and other markets down crypto market have also pressure and BTC not closed at a good price so I hope new year we will see the BTC price $100k. So the expectation should be good next December.
Is that really the reason why bitcoin making a decline or is it just a trader's way that's why we see a slight correction? I think it's just normal to assume that bitcoin will never be predictable no matter what we do and I find it still bullish even though it decline a little. I know it will come back again to break a new ATH and I think it's starting to gain some momentum yet by making such decline so that few traders and investors could buy the dip and Fomo all the way next. But don't expect it to happen so soon, it's just starting to move or it's just getting ready to push back.
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isaac_clarke22
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December 31, 2021, 07:28:23 PM |
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Well who would buy that amount of BTC in 2021. Unless you're a billionaire right now, it would be too much too buy that many and even I wouldn't even think of buying that many. Maybe 2 digits of BTC would be good enough for me. December is like a month where people just take some of their coins to fiat to enjoy their holdings at least, maybe not in the shitcoin side, due to the holiday season. It would be great to enjoy little things sometimes. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Questat
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December 31, 2021, 08:41:02 PM |
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Not every December is a bullish year, we are just a bit disappointed now because we have a high expectation that the market will be more bullish and that bitcoin will reach at least $100,000 after making a new ATH this year multiple times. Please do understand that volatility in crypto is very high, it's unpredictable and most importantly, the bullish market does not stay forever.
So we still have to welcome 2022 and hopefully, this year is still a good year for crypto in general.
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Doell
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December 31, 2021, 08:59:19 PM |
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my personally 100K is a very high price ,so it can't be hit briefly in just one year ! I mean a lot of people believe that this year especially bitcoin hit that price, but it's still too early because the bitcoin price journey is still long and bitcoin is not a get rich quick scheme ! December 2021 will not be the same as the past and vice versa January 2022 will not be the same as the past ,this is the advantage of crypto I mean ! I hope same as you guys here 2022 bitcoin can hit new ATH
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herurist
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December 31, 2021, 09:23:48 PM |
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maybe you will say $100k in this year not 100 btc ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) We have seen prices that really make the heart spot for beginners beat very fast ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) But there are two very good moments for this year namely they changed ATH twice which makes this even better. As for talking about December, there are some opinions that say that December is the place for corrections like now. This is based on some history that indeed concerns the month of December it is sometimes not very good for the holder but on the other hand it is very good for those who want to add to the load there
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dothebeats
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December 31, 2021, 09:24:20 PM |
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I never really expected $100k at all for 2021. That's just asking for too much, though it is still possible with the amount of money that is pouring on the market, plus the FOMO that could entail the initial price movement. December is usually the month in which the direction of the market is decided. This December doesn't really bring anything like that, as we are only going sideways from the initial drop from $60k.
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AmoreJaz
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December 31, 2021, 09:46:18 PM |
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I never really expected $100k at all for 2021. That's just asking for too much, though it is still possible with the amount of money that is pouring on the market, plus the FOMO that could entail the initial price movement. December is usually the month in which the direction of the market is decided. This December doesn't really bring anything like that, as we are only going sideways from the initial drop from $60k.
people want more from bitcoin. why not be grateful that we maintain the $40k+ level? this level is already great as we have seen this price only this year. what is more important is the expansion of crypto usage. the more people who are into crypto, the more demand and so it will further influence the price in the market. $100k is possible but yes, it is not this year. it will be in the years to come. though some people are expecting there will be last hoorah before this year ends, it doesn't mean you need to be disappointed in the market. this will be your opportunity to accumulate more before it runs bullish again.
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Hypnosis00
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 31, 2021, 09:51:28 PM |
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my personally 100K is a very high price ,so it can't be hit briefly in just one year ! I mean a lot of people believe that this year especially bitcoin hit that price, but it's still too early because the bitcoin price journey is still long and bitcoin is not a get rich quick scheme ! December 2021 will not be the same as the past and vice versa January 2022 will not be the same as the past ,this is the advantage of crypto I mean ! I hope same as you guys here 2022 bitcoin can hit new ATH
Many were become optimistic predicting the price of Bitcoin will reach $100k before 2021 will end but they/we just fail. We probably ended up in the sideways $46,000. But I think it was still a good end of 2021, not really bad as it compared before as I consider this still high and bullish. As we closely step into the year 2022, we are carrying big hopes that Bitcoin will reach for another ATH. Still believe it, and yes there is always a chance and of huge possibility as we can see that the market adoption is growing.
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isaac_clarke22
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 31, 2021, 10:21:34 PM |
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A lot of articles were pointing that out actually from what I've read when the bull market started. It is not unrealistic, but a difficult price to achieve if you would ask me. We haven't even manage to breach through 70k and yet we're still eyeing for 100k. It was still kind of a good end, I agree but people should control a little bit their expectations just when the price just surged.
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Wawa2013
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 31, 2021, 10:26:33 PM |
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I never really expected $100k at all for 2021. That's just asking for too much, though it is still possible with the amount of money that is pouring on the market, plus the FOMO that could entail the initial price movement. December is usually the month in which the direction of the market is decided. This December doesn't really bring anything like that, as we are only going sideways from the initial drop from $60k.
people want more from bitcoin. why not be grateful that we maintain the $40k+ level? this level is already great as we have seen this price only this year. what is more important is the expansion of crypto usage. the more people who are into crypto, the more demand and so it will further influence the price in the market. $100k is possible but yes, it is not this year. it will be in the years to come. though some people are expecting there will be last hoorah before this year ends, it doesn't mean you need to be disappointed in the market. this will be your opportunity to accumulate more before it runs bullish again. Although I am disappointed that Bitcoin failed to reach the price of $100k, but at least I am still grateful that the price of Bitcoin is still above the price of $40k. As you said with Bitcoin in December 2021 being above $40k is a good achievement compared to previous years. Sometimes we do have to realize that Bitcoin is indeed very volatile, so it often doesn't move the way we want it to. But because many people are too greedy and want Bitcoin to go up in their favor, so some people are dissatisfied with Bitcoin's achievement in December 2021. Though now is a good opportunity to collect more Bitcoin, because I believe in 2022 Bitcoin will be bullish again. If that happens it is very likely that the $100k price target will be reached in 2022. So we need to see from the positive side what is happening with the decline in the price of Bitcoin now, so there is no need to be disappointed with the current market conditions. There are still very many opportunities for us to make big profits from Bitcoin, we really need to be patient when investing in Bitcoin.
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bhooscream
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 31, 2021, 11:02:52 PM |
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2021 was full of FUD, so many FUD about Bitcoin was spreading. And about December, commonly the market is also blood bathing right? But I also understand that this December is little bit different, more dropped moreover in longer time as usual. But as other say, past doesn't guarantee the current situation. I personally also don't need to believe again any prediction about Bitcoin that will hit $100k. It seems too high to reach in this bullish season while Bitcoin price has increase so much this year. Maybe the price will be side away in this early year and hopefully this will be for the era of altcoin season. Bitcoin can maintain its price in $50k has been good enough for me.
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Rengga Jati
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 31, 2021, 11:25:04 PM |
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100 BTC in 2021? Do you mean BTC price $100? Well, Bitcoin price has no a certain pattern to improve. So, the current price move can be different from the prediction. Furthermore, we know that Bitcoin is very volatile and purely depends on the current demands. I see that the current demand is a bit decreasing during the covid situation and people prioritize their basic necessities (needs). It leads to a drop in buying orders, while selling orders are increasing.
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uneng
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 31, 2021, 11:46:27 PM |
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Everyone wanted and many expected a bullish December, but unfortunatelly it is not the reality we face right now. Maybe we were just too optimistic and even exaggerated to expect more from 2021 than we already have had (what has been pretty enough to say the truth, considering the last ATH).
Christmas was good for bitcoin, though. And I think the situation could be different from that moment on if it wasn't for another ETF expiration date happening these days, leading investors to drop a lot of their coins for sale, and consequently dumping the market.
Now I can just hope 2022 is going to be a great year for bitcoin.
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Valak
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January 01, 2022, 01:59:35 AM |
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I'm sure Solana will continue to increase, Cardano will do the same.. Ethereum and bitcoin will increase 2x.. and 2022 will be the year of Metaverse and NFT.
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smyslov
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January 01, 2022, 02:32:18 AM |
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A lot of articles were pointing that out actually from what I've read when the bull market started. It is not unrealistic, but a difficult price to achieve if you would ask me. We haven't even manage to breach through 70k and yet we're still eyeing for 100k. It was still kind of a good end, I agree but people should control a little bit their expectations just when the price just surged.
We just have to be hopeful and always take precautions whenever there is a price surge, always take away that feeling that you will be left out if you don't buy, this year the market will be positive we have a big jump in adoption brought to us by the NFT hype and the play to earn hype, we will eventually reach $100k this year.
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