Bitcoin to hit $100k?

[blockman]

This year is already slashed to think that bitcoin will reach $100k. Last year is what many have thought including me that it'll finally happen but it didn't.

The year 2021 was a pretty good fact for the largest market cap for bitcoin and a nearly 80% increase in price, it was also the year that bitcoin hit record highs twice in the same year. Considering the market conditions this year and the prolonged correction, it will be very difficult for Bitcoin to reach ATH $100K, no accurate prediction can be made because bitcoin is very volatile, therefore it seems difficult for Bitcoin to be at that price this year.

It was a good run and so far the best year for an all-time high. You don't say that it will be very difficult for bitcoin to reach that price because it hasn't happened yet.
Well, last year we don't expect bitcoin to reach $60k-$69k and then it happened in a quick manner but everyone I guess didn't expect that far when it was playing around $20k-$40k.

[1714153032]

1714153032

[dezoel]

The closing of the Bitcoin price level this year is still very possible above $20K, but I don't believe the price level will be above $25K if the market conditions are still like today. Since the bad things that have happened this month still have a slightly bigger influence on the price of Bitcoin and other cryptocurrencies, there is no need to predict for the time being about hitting the $100K price level on Bitcoin if market conditions are not much better than last year.

Hard to make predictions about bitcoin, current market conditions really had a big impact on bitcoin's decline, today bitcoin has corrected again up to $15K and that means bitcoin will barely be at $25K-$30K until the close of the year. However, the current conditions are good for us to enter the market, as buying now will be very beneficial as Bitcoin finds a gradual recovery going forward.

It is hard not only because it's highly volatile but also because unexpected events can happen. Each year, people are hoping for the price to get better and more positive news to come but that is not the case that happens. The bear market have hit us instead and then there is a bunch of negative news that keeps on coming.

The year hasn't ended yet and maybe there are more which are forming and will be released within the last weeks however, a drop doesn't always mean that it will continue or stay there but it can also lead for the price to bounce back faster and more bigger because it can trigger a lot of buyers. they think $15k is the final bottom we are going to witness.

[Franctoshi]

From where we are right now, it will be very difficult for Bitcoin to recover up till $100k this year and even next year 2023. In my own view of the market, I see 2023 to be the year that Bitcoin will eventually bottoms out while 2024 is when we'll start to see those crazy moves after Halving and May reach the $100k target and above from there on.

[Fara Chan]

Don't hope and expect a new ATH until the halving happens, it's been proven by history and I still think history will repeat itself.

For this year there seems to be no chance of going $100K, bitcoin will never go out of cycle, that means quadrennial results are yet to be seen at this stage. In a normal market, low supply with stable demand will lead to high prices, as it causes half supply and half will happen as many predict in 2024, if you really understand what halving is all about.

It was a good run and so far the best year for an all-time high. You don't say that it will be very difficult for bitcoin to reach that price because it hasn't happened yet.
Well, last year we don't expect bitcoin to reach $60k-$69k and then it happened in a quick manner but everyone I guess didn't expect that far when it was playing around $20k-$40k.

Regardless of how bitcoin will react in the market, it seems like a good time to enter the market and buy some Bitcoins, because as the recovery progresses gradually and Bitcoin returns to normal, then the possibility of hitting the next ATH will open up. Although we don't know exactly when that will be.

[Ani1985]

From where we are right now, it will be very difficult for Bitcoin to recover up till $100k this year and even next year 2023. In my own view of the market, I see 2023 to be the year that Bitcoin will eventually bottoms out while 2024 is when we'll start to see those crazy moves after Halving and May reach the $100k target and above from there on.

It takes a long time to make Bitcoin rise again, it seems that the trend in 2022 is getting worse because of the exchanges war, actually the exchanges war will make a loss for users because it will make investors panic and sell all existing assets.

[wmaurik]

We just need to wait for the halving day to see the new ath as it's a sure thing that the bitcoin halving mathematically should make bitcoin price going up even more than before. You just need to be a little more patient to wait for that day coming , that event coming.

Otherwise you might just ended up cutting loss and buying at the very wrong time.

Bitcoin halving is a moment that many people have been waiting for, including myself. And so far I am still very patient in waiting for it to come again and happen again in the future. Because right now I don't mind the price decline in Bitcoin and I am still very comfortable even though the Bitcoin price increase is still happening for a long time. That's why I can still patiently wait for the Halving to come again in Bitcoin.

Hard to make predictions about bitcoin, current market conditions really had a big impact on bitcoin's decline, today bitcoin has corrected again up to $15K and that means bitcoin will barely be at $25K-$30K until the close of the year. However, the current conditions are good for us to enter the market, as buying now will be very beneficial as Bitcoin finds a gradual recovery going forward.

Making accurate price predictions on Bitcoin is not an easy thing because Bitcoin price movements are always fluctuating due to the amount of demand and supply that is always different. And if you feel that a $100K price is the more unlikely thing to happen this year, then try hoping for a more logical price in Bitcoin to close this year.

I would also be happy if Bitcoin could return to $20K at the close of the year even though the price you mentioned was much better than what I expected, but it still looks hard for Bitcoin to achieve from now on unless there is a large price increase from now on the market.

[crunck]

From where we are right now, it will be very difficult for Bitcoin to recover up till $100k this year and even next year 2023. In my own view of the market, I see 2023 to be the year that Bitcoin will eventually bottoms out while 2024 is when we'll start to see those crazy moves after Halving and May reach the $100k target and above from there on.

It takes a long time to make Bitcoin rise again, it seems that the trend in 2022 is getting worse because of the exchanges war, actually the exchanges war will make a loss for users because it will make investors panic and sell all existing assets.

There won't be any chance for bitcoin to hit $100k while inflation and war are still raging. Many people predict bitcoin will hit a new ATH on halving, this has indeed happened in the past but given the current situation there is no guarantee. If the war and inflation are not over yet in 2024 then I believe we will continue to wait a little longer to see bitcoin hit $100k.

[blockman]

It was a good run and so far the best year for an all-time high. You don't say that it will be very difficult for bitcoin to reach that price because it hasn't happened yet.
Well, last year we don't expect bitcoin to reach $60k-$69k and then it happened in a quick manner but everyone I guess didn't expect that far when it was playing around $20k-$40k.

Regardless of how bitcoin will react in the market, it seems like a good time to enter the market and buy some Bitcoins, because as the recovery progresses gradually and Bitcoin returns to normal, then the possibility of hitting the next ATH will open up. Although we don't know exactly when that will be.

It's always a good time whenever we see the price of bitcoin going down. But there are many that are still not yet convinced that it is. They want to see the lowest that it can go before they will buy.
That's what they think and the strategy that's being built in their minds and it's hard to change. And when the market moves accordingly, they're not going to miss it because that's what they want.

[suzanne5223]

It was a good run and so far the best year for an all-time high. You don't say that it will be very difficult for bitcoin to reach that price because it hasn't happened yet.
Well, last year we don't expect bitcoin to reach $60k-$69k and then it happened in a quick manner but everyone I guess didn't expect that far when it was playing around $20k-$40k.

Regardless of how bitcoin will react in the market, it seems like a good time to enter the market and buy some Bitcoins, because as the recovery progresses gradually and Bitcoin returns to normal, then the possibility of hitting the next ATH will open up. Although we don't know exactly when that will be.

It's always a good time whenever we see the price of bitcoin going down. But there are many that are still not yet convinced that it is. They want to see the lowest that it can go before they will buy.
That's what they think and the strategy that's being built in their minds and it's hard to change. And when the market moves accordingly, they're not going to miss it because that's what they want.

@blockman if you're talking about Bitcoin reaching the $100K price range in the last ATH market, yes. It is difficult for BTC to achieve it because it can't happen and this is what I said even when reputable influencers said BTC will make $100K in the previous bullish market because BTC has to follow it 4years cycle. However, the $100K will be achieved in the 2024 halving market.
@Fara Chan Bearish season is always the time for preparing for the next bullish market.

[Sebas.tian]

From where we are right now, it will be very difficult for Bitcoin to recover up till $100k this year and even next year 2023. In my own view of the market, I see 2023 to be the year that Bitcoin will eventually bottoms out while 2024 is when we'll start to see those crazy moves after Halving and May reach the $100k target and above from there on.

I agree with you, because the current market price is too low for investors and traders to expect $100,000 from this year 2022 that have one month and some weeks before the end of the year, which will be difficult for such miracle to happen in the crypto market. I think, this year is a year of preparation of what will happen in 2023 or 2024, because the price of Bitcoin will definitely pump higher in 2023 for investors to believe that the price will reach $100,000 or $150,000 in 2024. The market is still looking nice for those that missed the opportunity to embrace this opportunity to buy Bitcoin and hold for future purpose.

[Fara Chan]

Making accurate price predictions on Bitcoin is not an easy thing because Bitcoin price movements are always fluctuating due to the amount of demand and supply that is always different. And if you feel that a $100K price is the more unlikely thing to happen this year, then try hoping for a more logical price in Bitcoin to close this year.

I would also be happy if Bitcoin could return to $20K at the close of the year even though the price you mentioned was much better than what I expected, but it still looks hard for Bitcoin to achieve from now on unless there is a large price increase from now on the market.

Matters related to supply and demand will always exist in the Bitcoin market, this cannot be avoided at any time, as long as bitcoins can still be traded on exchanges, it doesn't matter what price bitcoin will close at the end of this year, we just have to use it to buy when conditions are more likely. Even if the odds are as $20K as you want, then our buys are still in the good category, as bitcoins can be bought and held until recovery schemes slowly emerge.

It's always a good time whenever we see the price of bitcoin going down. But there are many that are still not yet convinced that it is. They want to see the lowest that it can go before they will buy.
That's what they think and the strategy that's being built in their minds and it's hard to change. And when the market moves accordingly, they're not going to miss it because that's what they want.

The $20k-$15k price is enough for us to buy this year, and I don't think there is a need to wait for further declines, besides that many people are not yet convinced to enter the market, as expected for further corrections . People have their own assumptions before entering the market. It's a reaction and a natural thing, but for someone who already understands the bitcoin cycle, it doesn't matter when negative things happen.

If we miss this year's good opportunities, then we will have to wait for another opportunity and drop in the next purchase, although there is no definite prediction about the price of bitcoin in the next year.

[$crypto$]

The $20k-$15k price is enough for us to buy this year, and I don't think there is a need to wait for further declines, besides that many people are not yet convinced to enter the market, as expected for further corrections . People have their own assumptions before entering the market. It's a reaction and a natural thing, but for someone who already understands the bitcoin cycle, it doesn't matter when negative things happen.

If we miss this year's good opportunities, then we will have to wait for another opportunity and drop in the next purchase, although there is no definite prediction about the price of bitcoin in the next year.

For those who haven't entered the market for fear of further correction is a weak mental tendency while they only think about the bottom price they don't know how basic the bitcoin price is so it's difficult for those who have such assumptions, as there are doubts about entering the market that is in the price is $ 16k even though we always say it's the right time now buy not waiting for another market correction.
They seem to expect something more, while we are always thinking about how to buy more bitcoins to be accumulated in the long term from the current price and that is my reference that bitcoin is more appropriate now to enter the market.

[Bitcoin1216]

If we compare the market in 2022 it will make us regret because we do not sell at the end of 2021, the drop price is more than 70%, and if you look at the current trend and the market situation it certainly takes longer to reach $ 100K, I hope before 2025 The price has reached $ 100K.

[Fara Chan]

For those who haven't entered the market for fear of further correction is a weak mental tendency while they only think about the bottom price they don't know how basic the bitcoin price is so it's difficult for those who have such assumptions, as there are doubts about entering the market that is in the price is $ 16k even though we always say it's the right time now buy not waiting for another market correction.
They seem to expect something more, while we are always thinking about how to buy more bitcoins to be accumulated in the long term from the current price and that is my reference that bitcoin is more appropriate now to enter the market.

Depending on entering the market quite based on how one has seen bitcoin for a long time, newcomers may think that bitcoin is still speculative enough to take the $16K price tag, as they think there will be further declines in the next process.

But the conditions are different when people understand the condition of bitcoin investment, they will never hesitate to enter the market like now. Since this kind of incident is the right move to collect some bitcoins, expecting something more or less basic is not an option.

[Republikcoin.com]

If we compare the market in 2022 it will make us regret because we do not sell at the end of 2021, the drop price is more than 70%, and if you look at the current trend and the market situation it certainly takes longer to reach $ 100K, I hope before 2025 The price has reached $ 100K.

Those who don't sell Bitcoin at the highest price after buying at a not so low price do feel sorry, but regretting things that have passed will also be meaningless unless you continue to hope for the best from Bitcoin in the future after buying at a low price at This year. Regret won't solve anything, so it doesn't need to carry on feeling for long, because those who haven't sold low can still expect a higher price for Bitcoin.

[Baofeng]

If we compare the market in 2022 it will make us regret because we do not sell at the end of 2021, the drop price is more than 70%, and if you look at the current trend and the market situation it certainly takes longer to reach $ 100K, I hope before 2025 The price has reached $ 100K.

Those who don't sell Bitcoin at the highest price after buying at a not so low price do feel sorry, but regretting things that have passed will also be meaningless unless you continue to hope for the best from Bitcoin in the future after buying at a low price at This year. Regret won't solve anything, so it doesn't need to carry on feeling for long, because those who haven't sold low can still expect a higher price for Bitcoin.

Yeah, probably that there are people who sold on top, make a little profit or no profit at all.

And then this is that set of investors who sold and take huge profit and then reinvest in the bear market.

So I guess we shouldn't regret anything at all, maybe if you are a early bird or who have invested around 2011, but if we just invest on the last bear market and then sell everything at the top in 2021, I don't think there will be regrets at all. We can still go and reinvest now and repeat the cycle of waiting for the next all time high to sell, rinse and repeat.

[Sir Legend]

When the price of bitcoin drops like it is today, I certainly regret that I missed the opportunity to sell, this is an investment that makes us always think logically that 10% profit is high because if we compare saving money at banks, it takes a year to get 8% interest. With the current conditions I have no other choice but to hope the price can skyrocket and touch $100k so that I can make more profit.

[Dimitri94]

I like Long term investment plan for Bitcoin. Because I am reviewing the global situation. Almost every sector of the economy is in recession right now. At this point I'm not expecting Bitcoin to do any good sign. But I definitely hope for better things next year. Those who are believe in bitcoin they must get the advantage from bitcoin.

[wmaurik]

When the price of bitcoin drops like it is today, I certainly regret that I missed the opportunity to sell, this is an investment that makes us always think logically that 10% profit is high because if we compare saving money at banks, it takes a year to get 8% interest. With the current conditions I have no other choice but to hope the price can skyrocket and touch $100k so that I can make more profit.

You say a 10% return is high after seeing and experiencing a drop in the price of your own assets at the moment. But for some people when they see and feel the price increase in the market, it feels like a 10% profit is so small that they don't want to take it because they still have the desire to get more profit from that.

And one more thing I think is less logical if you compare the 10% profit in Bitcoin with the 8% interest income from the bank that is given to customers in the long term, because these two things go in different directions and paths so that the benefits of both are very not suitable for comparison.

[19Nov16]

Bitcoin is the best coin in the cryptocurrency world.  Because the number of Bitcoin investors is increasing day by day.  Bitcoin has a cycle according to which the price of Bitcoin is dumping and pumping.  Bitcoin touched up to $69,720 in late 2021.  But from there the price has decreased and now the situation is very sad.  But again I think it can reach more than one million dollars to get the price increase.

When the price of Bitcoin reaches ATH nearly $ 70K, I am optimistic that I will continue to rise and will not be able to stop so that I keep buying, unfortunately after buying the price of drops and makes us have to lose a lot of money, it might sound impossible to reach $ 100k in the near future, but me Sure a maximum of 3 years the price of $ 100K will be achieved.