Bitcoin to hit $100k?

[rodskee]

Bitcoin could see further upside and reach $100,000 by the middle of this year, claims Antoni Trenchev of crypto lender Nexo.
Bitcoin has been a winner in the pandemic era, rising more than 80% in 2021 despite being far off record highs hit earlier that year.
However, some experts have warned that bitcoin may be poised for a steep drop in the coming months tanking as low as $10,000 in 2022, virtually wiping out all of its gains in the past year and a half..

Read more on: https://www.cnbc.com/2022/01/04/founder-of-crypto-lender-nexo-says-bitcoin-could-hit-100000-in-2022-.html?recirc=taboolainternal

Nonetheless, experts may seem predicted the current situation and that bitcoin will likely to experience a steep drop in the upcoming months.
But is it really possible for bitcoin to achieve $100k by mid this year? Given that the market is currently declining.
What are your thoughts on this?

How many experts do we need to see predicting this amount for us to believe that this will never happen  this soon guys? because even early 2021 this same prediction ahs been always on the topic but never that Bitcoin even get close to 70k .
accept it that this will take time guys and now will come in the faster time.
But I am not against that Idea because i know that will come but when? that is the question we must wait to find an answer.

[traderethereum]

Looking at the current market condition I don't think bitcoin will reach $100k mark as it has to first recover from the recent dump and bitcoin is unable to cross $50k for a while now. We should be thankful if bitcoin crossed the $50k mark or atleast achives a new ATH because $100k seems far from achievable at the moment.

Yes, you are right. At least $50k will be the next target for bitcoin to reach after staying at below $50k.
If that does not need too long to reach, maybe we will see the price rise slowly to the $60k range and continue until bitcoin makes a new ATH.
But it is still difficult to know when it will happen because after what happened to bitcoin, it seems bitcoin has become more unpredictable and hard to analyze than the previous years.
So we really need to be careful and not act in a hurry, as everything can happen to bitcoin.

[Fundamentals Of]

What is this man talking about? He's basically saying two more or less extreme possibilities, none of which may happen within 2022. But I think $100,000 is way more likely to happen than $10,000. The adoption and acceptance that everyone can observe around is pointing at $100,000 rather than at $10,000. Not to mention that fiat is doing not so well in the past pandemic years until now, inflation is rising too high in many countries, and people will need to protect what they have.

[Devifajarina]

What is this man talking about? He's basically saying two more or less extreme possibilities, none of which may happen within 2022. But I think $100,000 is way more likely to happen than $10,000. The adoption and acceptance that everyone can observe around is pointing at $100,000 rather than at $10,000. Not to mention that fiat is doing not so well in the past pandemic years until now, inflation is rising too high in many countries, and people will need to protect what they have.

All possibilities can happen in crypto, what people say is also not wrong in my view, surely they have their own references in saying that, even though in reality there are many mistakes from what was conveyed, if you look at the development of bitcoin before, I also believe that $100,000 will happen, although we can't say for sure when, let alone the country's rising inflation and forcing bitcoin to follow the trend and are influenced by several things including the nature of its journey.

[Chato1977]

What is this man talking about? He's basically saying two more or less extreme possibilities, none of which may happen within 2022. But I think $100,000 is way more likely to happen than $10,000. The adoption and acceptance that everyone can observe around is pointing at $100,000 rather than at $10,000. Not to mention that fiat is doing not so well in the past pandemic years until now, inflation is rising too high in many countries, and people will need to protect what they have.

All possibilities can happen in crypto, what people say is also not wrong in my view, surely they have their own references in saying that, even though in reality there are many mistakes from what was conveyed, if you look at the development of bitcoin before, I also believe that $100,000 will happen, although we can't say for sure when, let alone the country's rising inflation and forcing bitcoin to follow the trend and are influenced by several things including the nature of its journey.

No one here that does not believe about Bitcoin reaching that high(100,000$) but of course the specific time is cannot be predicted and that is the reality here.

I know that some expect this to happen nearer but they are stupid to look for faster development .

2021 has more than enough profit for all of us so expect nothing for this year .

[BITCOIN4X]

They do just go with the flow and its true that people been hoping for $100k but didnt really made out some accumulation while its still cheap which means its pretty useless that way.

You got my point well. Yes that's what I mean, accumulation. At the moment it's hard to say when the $100K price will hit as the market has been on a downturn after ATH. But if we really believe how bitcoin hit ATH before then $100 is possible in the future. Accumulation is expected to provide a commensurate return and in most cases, investing in bitcoin is much more profitable than investing in gold. It's up to who believes in bitcoin or not, but you know what the facts are.

$100K is a long term target for bitcoin, we can't expect it any time soon. For this year 2022 we will still see a decline but a recovery can be expected due to increased adoption. It doesn't matter if $100K won't be reached by 2022, because we still have enough time to accumulation it before $100 becomes a reality.

[stadus]

They do just go with the flow and its true that people been hoping for $100k but didnt really made out some accumulation while its still cheap which means its pretty useless that way.

You got my point well. Yes that's what I mean, accumulation. At the moment it's hard to say when the $100K price will hit as the market has been on a downturn after ATH. But if we really believe how bitcoin hit ATH before then $100 is possible in the future. Accumulation is expected to provide a commensurate return and in most cases, investing in bitcoin is much more profitable than investing in gold. It's up to who believes in bitcoin or not, but you know what the facts are.

$100K is a long term target for bitcoin, we can't expect it any time soon. For this year 2022 we will still see a decline but a recovery can be expected due to increased adoption. It doesn't matter if $100K won't be reached by 2022, because we still have enough time to accumulation it before $100 becomes a reality.

Bitcoin is very much volatile so we can still expect that bitcoin will eventually reach the price of $100k but seeing the current condition of the market, bitcoin really finds it hard to recover from the dump. What i see that is very possible this year is surpassing the $50k price level, but considering $100k, it will be a long process and we still have to wait for the market to recover first before bitcoin ends up having a new ATH. But if this dump season will take a year before it will be over, bitcoin will create more possible price dumps and that will be the best time to accumulate bitcoin.

[Jating]

They do just go with the flow and its true that people been hoping for $100k but didnt really made out some accumulation while its still cheap which means its pretty useless that way.

You got my point well. Yes that's what I mean, accumulation. At the moment it's hard to say when the $100K price will hit as the market has been on a downturn after ATH. But if we really believe how bitcoin hit ATH before then $100 is possible in the future. Accumulation is expected to provide a commensurate return and in most cases, investing in bitcoin is much more profitable than investing in gold. It's up to who believes in bitcoin or not, but you know what the facts are.

$100K is a long term target for bitcoin, we can't expect it any time soon. For this year 2022 we will still see a decline but a recovery can be expected due to increased adoption. It doesn't matter if $100K won't be reached by 2022, because we still have enough time to accumulation it before $100 becomes a reality.

Yes, and as long as you have the right mind set and really accumulate in a downturn, you will be reward in the future when we hit that 6 digit mark.

But so far we are still far from it and it might take years to accomplished it. So while waiting for that number, we might as well take advantage of the current price and buy as much as we can then. In this way, if we hold and the next bull run happened and we have a lot of bitcoin, then most probably we will get a huge windfall.

[BITCOIN4X]

Bitcoin is very much volatile so we can still expect that bitcoin will eventually reach the price of $100k but seeing the current condition of the market, bitcoin really finds it hard to recover from the dump. What i see that is very possible this year is surpassing the $50k price level, but considering $100k, it will be a long process and we still have to wait for the market to recover first before bitcoin ends up having a new ATH. But if this dump season will take a year before it will be over, bitcoin will create more possible price dumps and that will be the best time to accumulate bitcoin.

Bitcoin has lost almost 38% of its price after ATH last November 10th, it is a fact that the market has not recovered in the last 2 months. Market recovery attempts have taken place but in the end it was not strong enough to surpass ATH. Of course it's true that we'll be going through a long process to see the price hit $100K, as I said and that's not going to happen anytime soon.

The accumulation of any dip, it will be very profitable after the market recovery occurs. Right now the bitcoin price is starting to trade at $43K, it would be great to expect it to break through $45K and beyond.

[FanEagle]

At the moment it's hard to say when the $100K price will hit as the market has been on a downturn after ATH. But if we really believe how bitcoin hit ATH before then $100 is possible in the future. Accumulation is expected to provide a commensurate return and in most cases, investing in bitcoin is much more profitable than investing in gold. It's up to who believes in bitcoin or not, but you know what the facts are.

$100K is a long term target for bitcoin, we can't expect it any time soon. For this year 2022 we will still see a decline but a recovery can be expected due to increased adoption. It doesn't matter if $100K won't be reached by 2022, because we still have enough time to accumulation it before $100 becomes a reality.

I will take that a step further and say that the longer it takes for the price to reach 100k, the more bitcoins I will own until that time. It is not really that bad of a situation at all, I am quite happy with the way things are going right now. I have to say there is nothing that is scarier than missing out while you are aware of what will happen.

Like I know that it will be 100k, and I am pretty well aware of that and yet I am still not really at the bitcoin amount I want, if the price were to be 100k tomorrow then I would be happy but also a little broken down about the fact that I knew it would happen and I couldn't get enough money. This is why I am trying to reach to a level where I will be doing fine, it is not going to be enough for sure, but I want to have a lot more crypto until the day we have another skyrocketing increase.

[DoublerHunter]

~snip~

So instead of thinking about the $100k price, why not consider the possibility of accumulating when bitcoin drops $20k?

Do you think it's possible?

^ Think positive. I am a BTC enthusiast so I am thinking positively here.
In my opinion, even though BTC's price will not reach $100k by this year but I am sure it will reach that amount, it could be in the next year or it could be in the last quarter of this year which is commonly BTC price will pump on that month.      
For me, it is possible that BTC will pump up so much and we are on the way to $100k that we should watch out.

Bitcoin will eventually achieve that amount but it will be uncertain when will it happen. But seeing bitcoin's high volatility, i think it will still be possible this year despite of the prices in dumping. After this expected bear season, bitcoin will rise up again having its strong momentum to move up. But if the market will be full of negative news after the bear season, then we can't expect for bitcoin to reach its new ATH. Maybe by next year, the chances will be very high by then. So never lose hope and keep positive.

^ That is the hardest part here when people got FUD news, it will have a prolonged result that people keep selling their asset and that is why the BTC price will hardly recover itself. But if those investors already knew the market situation and how it will move, the chances are good even though what news around BTC will not affect by them. Sooner or later BTC price will go up and for sure many threads of regrets telling anyone that they had those feelings. Probably sounds if we can help them instead of accumulating more.

[Quidat]

~snip~

So instead of thinking about the $100k price, why not consider the possibility of accumulating when bitcoin drops $20k?

Do you think it's possible?

^ Think positive. I am a BTC enthusiast so I am thinking positively here.
In my opinion, even though BTC's price will not reach $100k by this year but I am sure it will reach that amount, it could be in the next year or it could be in the last quarter of this year which is commonly BTC price will pump on that month.      
For me, it is possible that BTC will pump up so much and we are on the way to $100k that we should watch out.

Bitcoin will eventually achieve that amount but it will be uncertain when will it happen. But seeing bitcoin's high volatility, i think it will still be possible this year despite of the prices in dumping. After this expected bear season, bitcoin will rise up again having its strong momentum to move up. But if the market will be full of negative news after the bear season, then we can't expect for bitcoin to reach its new ATH. Maybe by next year, the chances will be very high by then. So never lose hope and keep positive.

^ That is the hardest part here when people got FUD news, it will have a prolonged result that people keep selling their asset and that is why the BTC price will hardly recover itself. But if those investors already knew the market situation and how it will move, the chances are good even though what news around BTC will not affect by them. Sooner or later BTC price will go up and for sure many threads of regrets telling anyone that they had those feelings. Probably sounds if we can help them instead of accumulating more.

Regrets do always come at the end on where they do keep telling that they would buy but they arent actually doing it but instead they do missed out on accumulating when they do have the chance.
$100k could be possibly hit up but this would be a bumpy ride.Even though future doesnt really have assurance on what it looks like but if this recognition and adoption
would continue to rise up then we might actually see these numbers but dont let your hopes up because it would just frustrate you if this wont happen.
Dont be on haste because everything will depend on the demand.

[Luqman]

is it really possible for bitcoin to achieve $100k by mid this year?

Since no one can know what the highest price of Bitcoin is, $100k isn't impossible to reach. But if the market cannot recover, I think we don't expect too much seeing BTC skyrocket to $100k. BTC has made two ATH in the previous year, it can be the highest price in the current bullish season. If it is true, there will be no longer a new ATH this year, the price probably continues to drop.

[BTC_Maxipad]

I believe we will hit 100k only after the next halving. Retail pretty much checked out or are focusing on alts/NFT garbage. I also think ETH won't deliver on it's promise this year and we will see massive outflows of liquidity from ETH into BTC (and other competing alts). Just keep DCAing until the next halving.

[Devifajarina]

What is this man talking about? He's basically saying two more or less extreme possibilities, none of which may happen within 2022. But I think $100,000 is way more likely to happen than $10,000. The adoption and acceptance that everyone can observe around is pointing at $100,000 rather than at $10,000. Not to mention that fiat is doing not so well in the past pandemic years until now, inflation is rising too high in many countries, and people will need to protect what they have.

All possibilities can happen in crypto, what people say is also not wrong in my view, surely they have their own references in saying that, even though in reality there are many mistakes from what was conveyed, if you look at the development of bitcoin before, I also believe that $100,000 will happen, although we can't say for sure when, let alone the country's rising inflation and forcing bitcoin to follow the trend and are influenced by several things including the nature of its journey.

No one here that does not believe about Bitcoin reaching that high(100,000$) but of course the specific time is cannot be predicted and that is the reality here.

I know that some expect this to happen nearer but they are stupid to look for faster development .

2021 has more than enough profit for all of us so expect nothing for this year .

It's not a matter of disbelief it seems, but people think it will happen in the next two months, even though the current market conditions don't allow bitcoin to reach that price, but if you look at the long term, I think everyone can believe it will happen, In 2021 we have each benefited, so this year must also exceed the previous year, be patient to achieve that advantage this year.

[Fundamentals Of]

What is this man talking about? He's basically saying two more or less extreme possibilities, none of which may happen within 2022. But I think $100,000 is way more likely to happen than $10,000. The adoption and acceptance that everyone can observe around is pointing at $100,000 rather than at $10,000. Not to mention that fiat is doing not so well in the past pandemic years until now, inflation is rising too high in many countries, and people will need to protect what they have.

All possibilities can happen in crypto, what people say is also not wrong in my view, surely they have their own references in saying that, even though in reality there are many mistakes from what was conveyed, if you look at the development of bitcoin before, I also believe that $100,000 will happen, although we can't say for sure when, let alone the country's rising inflation and forcing bitcoin to follow the trend and are influenced by several things including the nature of its journey.

No one here that does not believe about Bitcoin reaching that high(100,000$) but of course the specific time is cannot be predicted and that is the reality here.

I know that some expect this to happen nearer but they are stupid to look for faster development .

2021 has more than enough profit for all of us so expect nothing for this year .

It is wrong to expect $100,000 so soon but it is also wrong to expect nothing. The adoption is growing so why should we not be expecting something like a price increase? And if we also consider that $100,000 was once already within reach months ago, it is very possible that it could finally be achieved within the year. Not to mention that the price has already made its correction so the selling period is expected to finish soon and the price recovery will start.

[peter0425]

Bitcoin could see further upside and reach $100,000 by the middle of this year, claims Antoni Trenchev of crypto lender Nexo.
Bitcoin has been a winner in the pandemic era, rising more than 80% in 2021 despite being far off record highs hit earlier that year.
However, some experts have warned that bitcoin may be poised for a steep drop in the coming months tanking as low as $10,000 in 2022, virtually wiping out all of its gains in the past year and a half..

Read more on: https://www.cnbc.com/2022/01/04/founder-of-crypto-lender-nexo-says-bitcoin-could-hit-100000-in-2022-.html?recirc=taboolainternal

Nonetheless, experts may seem predicted the current situation and that bitcoin will likely to experience a steep drop in the upcoming months.
But is it really possible for bitcoin to achieve $100k by mid this year? Given that the market is currently declining.
What are your thoughts on this?

How many times do this kind of question be asked before we literally understand that the market will go that way in right time? that Bitcoin will reach that value if the right investments come along , from whales to small investors betting along for this number 1 coin?

I have been seeing this multiple times, and even some president predict this price but None can give the specifically of the time that this will happen.

stop it and just wait and collect , for now Hold your coin for long .

[btc78]

So when this will happen because i am more than excited to sell all my Bitcoin on hold? i was expecting this to happen back last year but I failed so if you are confident in this thread then please give us the date or time so we know how long we need to keep or we need to buy and sell more before that final blow happens?
i know that this will come in the future but at least since you mostly give a confidence then best to give specifications right?

[BuNga_cute]

What is this man talking about? He's basically saying two more or less extreme possibilities, none of which may happen within 2022. But I think $100,000 is way more likely to happen than $10,000. The adoption and acceptance that everyone can observe around is pointing at $100,000 rather than at $10,000. Not to mention that fiat is doing not so well in the past pandemic years until now, inflation is rising too high in many countries, and people will need to protect what they have.

All possibilities can happen in crypto, what people say is also not wrong in my view, surely they have their own references in saying that, even though in reality there are many mistakes from what was conveyed, if you look at the development of bitcoin before, I also believe that $100,000 will happen, although we can't say for sure when, let alone the country's rising inflation and forcing bitcoin to follow the trend and are influenced by several things including the nature of its journey.

No one here that does not believe about Bitcoin reaching that high(100,000$) but of course the specific time is cannot be predicted and that is the reality here.

I know that some expect this to happen nearer but they are stupid to look for faster development .

2021 has more than enough profit for all of us so expect nothing for this year .

It is wrong to expect $100,000 so soon but it is also wrong to expect nothing. The adoption is growing so why should we not be expecting something like a price increase? And if we also consider that $100,000 was once already within reach months ago, it is very possible that it could finally be achieved within the year. Not to mention that the price has already made its correction so the selling period is expected to finish soon and the price recovery will start.

I think because we are all not fortune-tellers and don't know what will happen in the future, then in the end everyone just speculates when
Bitcoin will reach the price of $100k. Honestly, I'm one of those people who predict the price of Bitcoin to reach $100k by the end of 2021,
and I am not so disappointed when my predictions fail, because from the start I understand that not all of our predictions will come true.
Likewise, if we again predict the price of $ 100k will be achieved this year, it's everyone's right to do. Actually the price of $100k reached
in this year or not is not a big problem, because as long as the price of Bitcoin has increased it is already a very good thing. Therefore,
what we need to do is collect as much Bitcoin as possible starting from now on, no matter the target of $100k is achieved or not,
if we have Bitcoin in large quantities will give us a big profit in the end.

[Devifajarina]

What is this man talking about? He's basically saying two more or less extreme possibilities, none of which may happen within 2022. But I think $100,000 is way more likely to happen than $10,000. The adoption and acceptance that everyone can observe around is pointing at $100,000 rather than at $10,000. Not to mention that fiat is doing not so well in the past pandemic years until now, inflation is rising too high in many countries, and people will need to protect what they have.

All possibilities can happen in crypto, what people say is also not wrong in my view, surely they have their own references in saying that, even though in reality there are many mistakes from what was conveyed, if you look at the development of bitcoin before, I also believe that $100,000 will happen, although we can't say for sure when, let alone the country's rising inflation and forcing bitcoin to follow the trend and are influenced by several things including the nature of its journey.

No one here that does not believe about Bitcoin reaching that high(100,000$) but of course the specific time is cannot be predicted and that is the reality here.

I know that some expect this to happen nearer but they are stupid to look for faster development .

2021 has more than enough profit for all of us so expect nothing for this year .

It is wrong to expect $100,000 so soon but it is also wrong to expect nothing. The adoption is growing so why should we not be expecting something like a price increase? And if we also consider that $100,000 was once already within reach months ago, it is very possible that it could finally be achieved within the year. Not to mention that the price has already made its correction so the selling period is expected to finish soon and the price recovery will start.

I think because we are all not fortune-tellers and don't know what will happen in the future, then in the end everyone just speculates when
Bitcoin will reach the price of $100k. Honestly, I'm one of those people who predict the price of Bitcoin to reach $100k by the end of 2021,
and I am not so disappointed when my predictions fail, because from the start I understand that not all of our predictions will come true.
Likewise, if we again predict the price of $ 100k will be achieved this year, it's everyone's right to do. Actually the price of $100k reached
in this year or not is not a big problem, because as long as the price of Bitcoin has increased it is already a very good thing. Therefore,
what we need to do is collect as much Bitcoin as possible starting from now on, no matter the target of $100k is achieved or not,
if we have Bitcoin in large quantities will give us a big profit in the end.

This is just right, thinking bitcoin reaches that price is not a must, but most importantly bitcoin can rise slowly is more than enough, in market conditions like this, there is nothing wrong in making predictions, because it's everyone's personal right, and I think our focus right now is just collecting as many bitcoins as possible, considering the development of bitcoin where the future will be even better, the opportunity to collect bitcoins is very open and don't waste that opportunity