Do people overestimate BTC?

[maartenhaha]

Patience must be prioritized because for me Bitcoin (BTC) will be able to reach that price this year. if Bitcoin has reached the price of $50K, of course other potential coins such as Ethereum, Binance Coin and other altcoins will definitely increase as well. that's the great thing about Bitcoin (BTC) being able to have a positive influence.

That's the reason it's worth holding the top 5 long-term altcoins because it will impact the positive trend of bitcoin, but currently the market is in a bearish trend so it takes time to buy altcoins in February to determine the actual market direction.

[Mauser]

Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible

The bitcoin price might be hurting a little buy in my opinion the overall positive trend is not broken. Investors still like bitcoins, because if everybody would like to go for other crypto projects we would be at a price of 3,000 or 10,000 USD again. It remains to be seen what will happen if we go below the 30,000 USD. I expect that eventually we will see a lot of new investors who were scared to buy bitcoins at the high levels last year, to start buying into the market. At one point all the sellers have got rid of their coins and then prices can rise again. 100,000 USD for bitcoins is still a realistic goal for me.

[Cling18]

Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also, it seems like altcoins have no high chances again unless BTC do the impossible

That price is still possible because if we could look back at the history of Bitcoin, we could notice how it could surprise us with its development. It might be in its bearish condition but I'm sure that it could strike higher this year. It might take time for it to reach 100k but after more adoptions, I'm sure that it could hit that value.

[sirminesalot]

Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also, it seems like altcoins have no high chances again unless BTC do the impossible

That price is still possible because if we could look back at the history of Bitcoin, we could notice how it could surprise us with its development. It might be in its bearish condition but I'm sure that it could strike higher this year. It might take time for it to reach 100k but after more adoptions, I'm sure that it could hit that value.

Even if we look at the price history, that price target won't happen this year because there will be a bear years right after the all time high year, moreover last year we have reached 2 times all time high and probably this year is not gonna good for crypto. But anything could happen and ofcourse we hope for the best as an investors, don't just put too high expectation for the crypto market so we could aware for any drops

[super bako]

Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible

The bitcoin price might be hurting a little buy in my opinion the overall positive trend is not broken. Investors still like bitcoins, because if everybody would like to go for other crypto projects we would be at a price of 3,000 or 10,000 USD again. It remains to be seen what will happen if we go below the 30,000 USD. I expect that eventually we will see a lot of new investors who were scared to buy bitcoins at the high levels last year, to start buying into the market. At one point all the sellers have got rid of their coins and then prices can rise again. 100,000 USD for bitcoins is still a realistic goal for me.

I am waiting for the bears to play, and certainly will come in the future, we will see this bitcoin will free fall very deep to below 30,000 $ before breaking the meteoric price to come 100,000 $, this is just my opinion from a search for world economic data on google. not inviting, it all depends on each other's rights.?

[Alanaz]

Patience must be prioritized because for me Bitcoin (BTC) will be able to reach that price this year. if Bitcoin has reached the price of $50K, of course other potential coins such as Ethereum, Binance Coin and other altcoins will definitely increase as well. that's the great thing about Bitcoin (BTC) being able to have a positive influence.

That's the reason it's worth holding the top 5 long-term altcoins because it will impact the positive trend of bitcoin, but currently the market is in a bearish trend so it takes time to buy altcoins in February to determine the actual market direction.

when you say for the long term why worry about the current bearish.
The long term is not just one or two months, friends because it is bearish and bullish for sure and of course this will not affect your long term plan.
focus on your initial plan about the long term plan because when you say long term and worry about bearish today it will only make you unsure of your choice

[pushups44]

I am waiting for the bears to play, and certainly will come in the future, we will see this bitcoin will free fall very deep to below 30,000 $ before breaking the meteoric price to come 100,000 $, this is just my opinion from a search for world economic data on google. not inviting, it all depends on each other's rights.?

If bitcoin falls below $30,000, that will become a very attractive price point for newbies to enter the market as well as for whales and other holders to accumulate. I don't see bitcoin going below $30,000, but I suppose it's possible. A fall to below $30,000 would confirm we are in a crypto winter or bear market from a technical standpoint. While pessimism would be rife, it would present a massive long-term opportunity for buyers (as altcoins follow bitcoin, the better ones would follow this general trend).

[Mpamaegbu]

Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible

I believe the major reason people aren't talking about the $100k price projection for Bitcoin this 2022 is because the feelings is that this year is an expected bear year for Bitcoin. If it's a bear year, there's no way it would go pass its recent ATH which is $69,044.77 (according to Coingecko data). For me, I don't know if this year will turn completely bearish for Bitcoin. However, my conviction is that this first quarters will remain bearish for Bitcoin while alts find their mojo and make some people millionaires. As of today, Bitcoin is trading around $38k and that shows it has broken that major support at $40,460. If it closes around the $38k or below today that could mean a downward slope for Bitcoin has begun.

[asus09]

When the value of bitcoin goes back down and I think the bear market we have been living for this year, if this does happen we can only wait for the next few years the value of bitcoin can increase again, because this we have often seen in the previous year because it takes time to be able to return to the highest lift as happened in 2021, But to go down to 100k perbitcoin is very difficult with the value that is already owned at 30-40k, especially the current interest is much greater compared to last season.

although waiting is a tedious job, but if there is a price decline, waiting is definitely the only way to be able to overcome the problems that come, because the price of bitcoin will not be possible to go down to the lowest price, if we are faithful to wait one day it will surely come. sweet fruit, don't forget to have breakfast so you can resist the temptation that comes.

[gamer4156]

They are more aficionado of it, however misjudging the circumstance relies upon how it functions with the bullish pattern. I think equivalent to bitcoin. they have an equivalent shot at going up. the main thing is the potential, as long as it has the potential any altcoin will become extremely quick without hanging tight for the development of bitcoin.

[jeungo]

It must be understood that there is a clear relationship between some factors. For whales, cryptocurrency is a way to transfer huge amounts of money around the global economy. And we are just shells stuck to whales. As soon as all the necessary actions are completed, the whales will again go into dollars or gold, or other resources or shares. And we'll go to the bottom. The most correct understanding is that 100,000 thousand small holders will not hold the course if the custodian funds start selling and receiving real money.

[TelolettOm]

Sometimes, yes. It is like some people are struggling to pump BTC price to reach very high rate as they expect and also fill the high expectation of $100k that is until now, the price cannot be still fulfilled. Many still predict and believe about in this bullish season, Bitcoin will exactly pass $100k, that is why we need to hold and hold. But once more, that is only a prediction. If we are going to hold BTC for the long term, just do it, but I don't think it needs very high expectations to reach a certain rate at this period.

If bitcoin falls below $30,000, that will become a very attractive price point for newbies to enter the market as well as for whales and other holders to accumulate. I don't see bitcoin going below $30,000, but I suppose it's possible.

It is probably possible, moreover, if the price of Bitcoin really touches $30k, it means that it really hits the bottom line, so this will decide whether the price can really keep go down or will be the starting point to jump u again. If we are following FUD news or group, they will say the market will be bearish soon. But if we are following the positive group, most of them will believe that the price of BTC will be rising quickly to touch $100k.

[ahmia39]

That's the reason it's worth holding the top 5 long-term altcoins because it will impact the positive trend of bitcoin, but currently the market is in a bearish trend so it takes time to buy altcoins in February to determine the actual market direction.

In my personal prediction for February, market conditions will still be the same as this month and even if there is a difference, it will only be in a very small size so buying for now is still better than having to wait again next month.

[trauchot]

BTC is the most popular cryptocurrency and I am sure that in the future the price of BTC will only grow, but I don’t think that in 2022 we will see BTC pump, most likely a bearish trend has begun and this bearish trend can last for several months or several years and therefore we should not count on the fact that a new growth of the cryptocurrency market will begin soon, and so I am sure that BTC will be able to reach 100k$, but it will just take some time, so I invested in BTC and I am waiting when will be another growth of the cryptocurrency market and new BTC pump.

[slaman29]

The bitcoin price might be hurting a little buy in my opinion the overall positive trend is not broken. Investors still like bitcoins, because if everybody would like to go for other crypto projects we would be at a price of 3,000 or 10,000 USD again. It remains to be seen what will happen if we go below the 30,000 USD. I expect that eventually we will see a lot of new investors who were scared to buy bitcoins at the high levels last year, to start buying into the market. At one point all the sellers have got rid of their coins and then prices can rise again. 100,000 USD for bitcoins is still a realistic goal for me.

I guess I would agree, but it's really hard to see how we can still think Bitcoin price will improve this next few weeks and months when the short term outlook is bad. Last week was the lowest Fear index we've seen since March 2020, and that usually means people want to sell more and aren't done yet.

Sure, long term overall positive still good but just how long we have to put up with pain and hurt is the issue now for most people.

[marilynmanson21]

I think everyone can expect all the fantastic value from bitcoin, which is 100k$, but the reality is it is difficult for bitcoin to penetrate that price at this time, here I see no one is exaggerating bitcoin but everyone is talking about where the value of bitcoin must be to 100k$ later, and that hope for all bitcoin owners

[Natalim]

That's the reason it's worth holding the top 5 long-term altcoins because it will impact the positive trend of bitcoin, but currently the market is in a bearish trend so it takes time to buy altcoins in February to determine the actual market direction.

In my personal prediction for February, market conditions will still be the same as this month and even if there is a difference, it will only be in a very small size so buying for now is still better than having to wait again next month.

Looks like the 1st month of the year is a bearish month. The fear of some is already here, bitcoin dumped below $40k and we don't know if it will continue to dump, if the market is bearish, then most likely the trend will continue as there will be a correction after a bull run we enjoyed. Keep that patience, buy the dip and hold when the market is not good, besides, these are just temporary.

[panukurap]

t's still early 2022 so it's still too early to talk about this. I think Bitcoin will experience a rise in the middle or the end of the year. No one knows what the market will be like, I'm just arguing here, especially with the price of Bitcoin touching this number, it's very difficult to predict. Even professional traders can't predict the market, crypto is a riddle and we must be able to answer it in order to find what we are aiming for.

[GatotKaca]

t's still early 2022 so it's still too early to talk about this. I think Bitcoin will experience a rise in the middle or the end of the year. No one knows what the market will be like, I'm just arguing here, especially with the price of Bitcoin touching this number, it's very difficult to predict. Even professional traders can't predict the market, crypto is a riddle and we must be able to answer it in order to find what we are aiming for.

how do we answer the riddle?
which I understand while in the crypto market. no one overestimates BTC. Market movements are unpredictable. but we must know, BTC and other crypto assets grow based on the trust of the community. its value grows based on market interest and growth.
what is the initial price of BTC launched and tradable on the exchange? and how much does it cost now? nobody knew this was happening, and I don't think there's an overestimation here.

[justdimin]

t's still early 2022 so it's still too early to talk about this. I think Bitcoin will experience a rise in the middle or the end of the year. No one knows what the market will be like, I'm just arguing here, especially with the price of Bitcoin touching this number, it's very difficult to predict. Even professional traders can't predict the market, crypto is a riddle and we must be able to answer it in order to find what we are aiming for.

how do we answer the riddle?
which I understand while in the crypto market. no one overestimates BTC. Market movements are unpredictable. but we must know, BTC and other crypto assets grow based on the trust of the community. its value grows based on market interest and growth.
what is the initial price of BTC launched and tradable on the exchange? and how much does it cost now? nobody knew this was happening, and I don't think there's an overestimation here.

On top of all that, people can't really "overestimate" it as a general public. We are the ones that decide on the price of it, we literally buy and sell it, when we all think it should be high then we all buy and it goes up, if we think it should worth less then we sell and it goes down in price.

So, basically whatever we decide it should be, becomes the new price and that is what public generally thinks about it. It could be overestimated by "some" people, but not generally, because we decide the price with our own money and that is how we make a profit or lose money. Overestimation of bitcoin could technically never happen when you consider how the market works.