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Author Topic: What do you think about Bitcoin?  (Read 1386 times)
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January 20, 2022, 02:33:07 AM
 #41

In my opinion, if there is no widespread bitcoin price rally in the next few months, it looks likely to be a hindrance to Bitcoin price movement towards new ATH levels. Currently, the bitcoin market is still experiencing a decline of up to $6% where the price is still holding at the level of $43k. However, in the future, I am still optimistic that it is likely that the $100k bitcoin price target can still be achieved. But in order for bitcoin to reach the $100k price level, it will require massive support from the crypto market.
The current price decline was not predicted by many analysts so far, they even predicted that year-end prices would peak but it was not proven. there is actually a prolonged correction and currently the price is still fairly stable because it did not fall below $40K.

agree with you that in order to get bitcoin to reach the price of $100K it takes hard work and support, of course, from large institutions and companies that already hold and invest their funds in bitcoin, of course with countries that have adopted bitcoin and made bitcoin a valid medium of exchange. legitimate. it is clear that those with an interest will intervene as much as possible so that prices can increase again or at least not continue to fall.

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January 20, 2022, 08:20:56 AM
 #42

In my opinion, in the midst of the current bearish conditions, it is very difficult to predict the bitcoin price will reach $100k. we don't know yet whether the Bitcoin price will go up again or not like in 2021. However, considering the price of the bitcoin price is getting correction, the possibility of the price going up or down could be between $50k-$70k.

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January 22, 2022, 09:58:59 PM
 #43

I wonder when the price of Bitcoin will reach $ 100k +. Because at present the approval of bitcoin is increasing in different countries. And different countries based cryptocurrencies keep coming to the market. From that point of view, it is expected that the price of Bitcoin will increase the most. But in the next few years, the price of Bitcoin will continue to rise, so long-term Bitcoin will continue to improve. What is your opinion?
I wouldn't want to exaggerate but I think in the next four to five years it is highly possible that Bitcoin will hit 100k. And this going to be possible giving the way and the speed with which institutions and countries are accepting and adopting the use of cryptocurrency for business transactions. Previously I was too confident about getting into $100k levels but as of now, bitcoin market may take more time to recover toward ATH and only then we could think about $100k levels. I guess we might need to wait until next halving to speculate about possible time for $100k to happen.

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January 23, 2022, 02:59:56 PM
 #44

I wonder when the price of Bitcoin will reach $ 100k +. Because at present the approval of bitcoin is increasing in different countries. And different countries based cryptocurrencies keep coming to the market. From that point of view, it is expected that the price of Bitcoin will increase the most. But in the next few years, the price of Bitcoin will continue to rise, so long-term Bitcoin will continue to improve. What is your opinion?
everyone were emphasising last year that bitcoin reach up to seventy thousand or hundred thousand (70k to 100k) in 2022, but here comes 2022 market started going down beyond expectations, actually i believe that market will retrace but not exactly at the beginning of this year 2022, let us just expect the skyrocket of market movement or acceleration between the middle of the year and and next year 2023, because it takes bull run period of two years from my observation to re-occure, so definitely market will full of profit if adventure into investments this year and allowed to extend or keep till next year.


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January 24, 2022, 06:07:33 AM
 #45

I wonder when the price of Bitcoin will reach $ 100k +. Because at present the approval of bitcoin is increasing in different countries. And different countries based cryptocurrencies keep coming to the market. From that point of view, it is expected that the price of Bitcoin will increase the most. But in the next few years, the price of Bitcoin will continue to rise, so long-term Bitcoin will continue to improve. What is your opinion?
Your entire topic talks about the rising price of bitcoin.
What opinion do you need?
We can make anything we want using a bitcoin. If we try to innovate further, Bitcoin is digital money that is able to provide convenience for its users. Now bitcoin has lost 50% of its high price last November, If you have a lot of money, you can use bearish momentum to get bitcoins at low prices.

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January 24, 2022, 08:04:49 PM
 #46

The rise and fall of the price of bitcoin is highly dependent on its adoption. If in the future bitcoin adoption continues to increase, then there is a possibility that the bitcoin price will have a higher price and vice versa, so for now I don't think there is any point in continuing to predict the bitcoin price will go higher in the future due to the fact that bitcoin is currently still It's in a downside phase and it's a bit difficult to get back to the $50-$60k level.
Op just said that more countries now accept btc, that is why he believes that 100k is just around the corner. The adoption drastically increase because btc is now very exposed and people right now are depending too much on the digital payments because of the current situation, add in the fact that btc is still dumped so more people are going to fill their bags.

There is nothing wrong in predicting and predictions are not only good at a short period of time, that is why he is optimistic that btc can get out of the red zone soon and then finish its unfinished business of reaching 100k. It may only look hard but its possible mate, trust me.
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January 24, 2022, 09:33:09 PM
 #47

I wonder when the price of Bitcoin will reach $ 100k +. Because at present the approval of bitcoin is increasing in different countries. And different countries based cryptocurrencies keep coming to the market. From that point of view, it is expected that the price of Bitcoin will increase the most. But in the next few years, the price of Bitcoin will continue to rise, so long-term Bitcoin will continue to improve. What is your opinion?
Despite the fact that Bitcoin price will continue to increase in your opinion you should equally have it at the back of your mind that in between that increase of the Bitcoin value there will be bearish period which those who are not smart will loose a lot of money if care is not taking. Am saying this to help newbies in the forum not to be careful with your submission above in making trading decision.
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January 27, 2022, 12:31:32 PM
 #48

Predicting the price of bitcoin is not easy, and it is possible that predictions of bitcoin prices reaching $100k will come true in the future, and may be a rational reason to speculate about bitcoin now. But that's not a prediction that actually happened at this time because bitcoin is still experiencing a very sharp decline in price. Predicting the bitcoin price to hit $100k could come true if the adoption or acceptance of bitcoin continues going forward.

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January 27, 2022, 03:43:31 PM
 #49

To OP, don't stop wondering, there will always be a light at the end of the dark tunnel.  Wink
Predicting the price of bitcoin is not easy, and it is possible that predictions of bitcoin prices reaching $100k will come true in the future, and may be a rational reason to speculate about bitcoin now. But that's not a prediction that actually happened at this time because bitcoin is still experiencing a very sharp decline in price. Predicting the bitcoin price to hit $100k could come true if the adoption or acceptance of bitcoin continues going forward.
It is not, that is true. We are just speculating here but we cannot really tell where the hell it will go tomorrow or the next day.
Just hours ago, it went back to $38k which surprised me. I thought it is going to be playful and just go straightforward to $35k and sit there. But it didn't and for me this is a healthy come back. It's a positive reaction that buyers are coming. They find this price cheap so they might think it would be better to buy now that regret it later.
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January 28, 2022, 05:16:13 AM
 #50

I wonder when the price of Bitcoin will reach $ 100k +. Because at present the approval of bitcoin is increasing in different countries. And different countries based cryptocurrencies keep coming to the market. From that point of view, it is expected that the price of Bitcoin will increase the most. But in the next few years, the price of Bitcoin will continue to rise, so long-term Bitcoin will continue to improve. What is your opinion?

Most expected price of forum now is 100k$.But the procesd will be slow and steady. All should thing on this, the price will keep on increase. But the 100k won't happen in a single day. Even the 40k dollar was not happened in a single day. People keep on push by trading. When the market upto the mark of 10k dollars, people thought it reach 20k$ in 2018.But the price back to the 3k$ was shocking one on 2018.Bitcoin also made a huge blood bath to get this red mart path.

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January 28, 2022, 05:41:22 AM
 #51

To OP, don't stop wondering, there will always be a light at the end of the dark tunnel.  Wink
Predicting the price of bitcoin is not easy, and it is possible that predictions of bitcoin prices reaching $100k will come true in the future, and may be a rational reason to speculate about bitcoin now. But that's not a prediction that actually happened at this time because bitcoin is still experiencing a very sharp decline in price. Predicting the bitcoin price to hit $100k could come true if the adoption or acceptance of bitcoin continues going forward.
It is not, that is true. We are just speculating here but we cannot really tell where the hell it will go tomorrow or the next day.
Just hours ago, it went back to $38k which surprised me. I thought it is going to be playful and just go straightforward to $35k and sit there. But it didn't and for me this is a healthy come back. It's a positive reaction that buyers are coming. They find this price cheap so they might think it would be better to buy now that regret it later.

The indicators are not very clear on what kind of signals it sends to interpret where this market is going so far. The prices may even go up a bit from $33000 -$38000 but the indicators may still not provide enough signal to change the market from downwards to up.

I can only say only those who are retail investors who are doing short-term trading are the ones who are only busy in the market. But the traders who are used to long-term trading will likely not engage when sentiments are very troubled.

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January 28, 2022, 12:47:34 PM
 #52

I wonder when the price of Bitcoin will reach $ 100k +. Because at present the approval of bitcoin is increasing in different countries. And different countries based cryptocurrencies keep coming to the market. From that point of view, it is expected that the price of Bitcoin will increase the most. But in the next few years, the price of Bitcoin will continue to rise, so long-term Bitcoin will continue to improve. What is your opinion?
Don't only look at the positive side but we also have to look at the negative side as well what causes bitcoin price movements to go up and down, I mean when bitcoin approvals start to increase between countries, then there is also a possibility that bitcoin FUD people will also increase so it will hinder bitcoin movement to climb higher, as we experienced the previous year during the inauguration of bitcoin in the country of El Salvador.

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January 28, 2022, 01:31:03 PM
 #53

I wonder when the price of Bitcoin will reach $ 100k +. Because at present the approval of bitcoin is increasing in different countries. And different countries based cryptocurrencies keep coming to the market. From that point of view, it is expected that the price of Bitcoin will increase the most. But in the next few years, the price of Bitcoin will continue to rise, so long-term Bitcoin will continue to improve. What is your opinion?
Don't only look at the positive side but we also have to look at the negative side as well what causes bitcoin price movements to go up and down, I mean when bitcoin approvals start to increase between countries, then there is also a possibility that bitcoin FUD people will also increase so it will hinder bitcoin movement to climb higher, as we experienced the previous year during the inauguration of bitcoin in the country of El Salvador.

The price is still going strong though, although we didn't hit $100k as predicted last month, still at $30k'ish for me this is a good price. And anything can happen in this market, this is just the start of 2022 and maybe at the end of the year we may see some good bounce to at least $50k and who knows maybe a new all time high? So just be patience, it's one aspect of being a crypto investor and trader. We need a lot of patience in order to survived in this market.

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January 28, 2022, 01:58:40 PM
 #54

I wonder when the price of Bitcoin will reach $ 100k +. Because at present the approval of bitcoin is increasing in different countries. And different countries based cryptocurrencies keep coming to the market. From that point of view, it is expected that the price of Bitcoin will increase the most. But in the next few years, the price of Bitcoin will continue to rise, so long-term Bitcoin will continue to improve. What is your opinion?
Don't only look at the positive side but we also have to look at the negative side as well what causes bitcoin price movements to go up and down, I mean when bitcoin approvals start to increase between countries, then there is also a possibility that bitcoin FUD people will also increase so it will hinder bitcoin movement to climb higher, as we experienced the previous year during the inauguration of bitcoin in the country of El Salvador.

The price is still going strong though, although we didn't hit $100k as predicted last month, still at $30k'ish for me this is a good price. And anything can happen in this market, this is just the start of 2022 and maybe at the end of the year we may see some good bounce to at least $50k and who knows maybe a new all time high? So just be patience, it's one aspect of being a crypto investor and trader. We need a lot of patience in order to survived in this market.

That price still huge so even if we see a huge slash of price compare before still we are doinv good knowing that bitcoin still have a value, although this is painful to others since they bought this at the top and maybe they lose their money for sudden happenings of bitcoin. For now we see bitcoin became more alive at $36,000+ so I guess this time is the best to do buy back since we might see a recovery after this huge price slash happened on bitcoin.

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February 01, 2022, 07:10:08 AM
 #55

Bitcoin journey long time,Now and then bitcoin price hige different. When i start bitcoin journey then bitcoin price was $400-$600$ but now bitcoin price around $38000+.Bitcoin already touched $65k+ in previous year.We are expecting bitcoin price Will hit $70k+ next 1-2 year.Bitcoin price recently little dip but i hope bitcoin price will recover soon and i hope bitcoin price will be more increase in this year.
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February 01, 2022, 09:13:46 AM
 #56

In my opinion, in the midst of the current bearish conditions, it is very difficult to predict the bitcoin price will reach $100k. we don't know yet whether the Bitcoin price will go up again or not like in 2021. However, considering the price of the bitcoin price is getting correction, the possibility of the price going up or down could be between $50k-$70k.

It's quite hard for BTC even to create a new high, at least it will be around 50k - 55k just like the previous year where we hit the previous all time high.
New all time high need a long rally and the hype must be consistent because people are not doing a big buy after they heard a news or after seeing the market once, most people are seeing the market movement for several times and after they see several pumps, they will buy it also (typical crypto newcomers).
Right. Currently bitcoin is still in the risk zone for trading and it is still difficult to make new highs. Although the price of bitcoin seems to be rising slowly, it can still go down again. Therefore, I think, bitcoin is ranging between $36k-$40k. And now we are in the middle, so going short and long is still very risky. let's wait for the next few months in which direction the bitcoin price will move.

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February 01, 2022, 10:20:28 AM
 #57

Predicting the price of bitcoin is not easy, and it is possible that predictions of bitcoin prices reaching $100k will come true in the future, and may be a rational reason to speculate about bitcoin now. But that's not a prediction that actually happened at this time because bitcoin is still experiencing a very sharp decline in price. Predicting the bitcoin price to hit $100k could come true if the adoption or acceptance of bitcoin continues going forward.

I don't see any sharp decline since Bitcoin reached $60k+.
I may not consider this dip as "sharp" decline, $30k is still quite a high price compared to the rest of Bitcoin's price history.
However, $30k might be the bottom price of this dip and that gives Bitcoin more fuel to reach $100k sooner.
$100k target isn't only possible, but it is "very" possible and will eventually happen as Bitcoin grows every year.

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February 01, 2022, 10:36:40 AM
 #58

In my opinion, in the midst of the current bearish conditions, it is very difficult to predict the bitcoin price will reach $100k. we don't know yet whether the Bitcoin price will go up again or not like in 2021. However, considering the price of the bitcoin price is getting correction, the possibility of the price going up or down could be between $50k-$70k.

It's quite hard for BTC even to create a new high, at least it will be around 50k - 55k just like the previous year where we hit the previous all time high.
New all time high need a long rally and the hype must be consistent because people are not doing a big buy after they heard a news or after seeing the market once, most people are seeing the market movement for several times and after they see several pumps, they will buy it also (typical crypto newcomers).
Right. Currently bitcoin is still in the risk zone for trading and it is still difficult to make new highs. Although the price of bitcoin seems to be rising slowly, it can still go down again. Therefore, I think, bitcoin is ranging between $36k-$40k. And now we are in the middle, so going short and long is still very risky. let's wait for the next few months in which direction the bitcoin price will move.

If you look for long or until the end of the year maybe we can say that its risky hold especially if you are not a experience trader. But if you are into short trades then actually we can say that this give us less risk since we know bitcoins volatility is doing good there are so many good positions to enter and for sure those who do this are earning a good profits even if the market is on bad side.

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February 01, 2022, 01:10:10 PM
 #59

Predicting the price of bitcoin is not easy, and it is possible that predictions of bitcoin prices reaching $100k will come true in the future, and may be a rational reason to speculate about bitcoin now. But that's not a prediction that actually happened at this time because bitcoin is still experiencing a very sharp decline in price. Predicting the bitcoin price to hit $100k could come true if the adoption or acceptance of bitcoin continues going forward.

I don't see any sharp decline since Bitcoin reached $60k+.
I may not consider this dip as "sharp" decline, $30k is still quite a high price compared to the rest of Bitcoin's price history.
However, $30k might be the bottom price of this dip and that gives Bitcoin more fuel to reach $100k sooner.
$100k target isn't only possible, but it is "very" possible and will eventually happen as Bitcoin grows every year.
We hope $30k is the last dip and will not be down for more, so we do not have to worry about the fluctuation. Perhaps, this month will be the time for bitcoin to increase, and no more dips we will see. We can accept if the price can not increase drastically but increase step by step so we can still prepare by buying at the current price. Yes, it is possible to see bitcoin make a new ATH this year, as long as the trend and the adoption from many countries and people are still bigger.

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February 01, 2022, 02:02:54 PM
 #60

I wonder when the price of Bitcoin will reach $ 100k +. Because at present the approval of bitcoin is increasing in different countries. And different countries based cryptocurrencies keep coming to the market. From that point of view, it is expected that the price of Bitcoin will increase the most. But in the next few years, the price of Bitcoin will continue to rise, so long-term Bitcoin will continue to improve. What is your opinion?
I wonder when will post like this will stop? at least to learn how to wait? check this forum and look how many thread had been created with this same question?

Bitcoin will reach that price for sure but when is the problem

Because this coin is well supported but super volatile.

Just let it happen and never push harder .

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