Bitcoin on its way to $100000?!

[antmex]

Hey guys, will Bitcoin go to $100k?
On my opinion yes.
I was looking at my indicator on monthly basis. Every time bitcoim holds the red line, it raises to new ATH.
https://de.tradingview.com/x/BYAvkZC8

Based on this, it can go to around $100k
https://de.tradingview.com/x/QVb7RifK
On the other hand, if BTC close under this red line it will go lower.

What do you think?

[1714760628]

1714760628

[adaseb]

There are many metrics and indicators such as that. However you need to realize that they can all be too early and you might buy now but it can still go lower.

One popular one is that greed and fear index, usually it predicts bottoms very well but almost each time the indicator goes off when it’s way too early, leading people to get bull trapped.

[Frengki_cisco]

What do you think?

Bitcoin to place a $100k position, I think it's possible to get to that level, but not this year, the next two or three years, I believe.

If you want to say this 2022 Btc could be $100k, not a good thing for Bitcoin for this year, beyond the negatives outweigh the positives about crypto.

[Wexnident]

So doesn't that mean that we'd still need to wait whether it would go down or not? Nothing changed from the original wait-and-see a game that investors and traders do. We can only hope for the best and probably react if the market even dips further (for those who have invested). For those who haven't, well, any dip at this point is a pretty good entry point so I don't see an issue there.  I honestly don't think Bitcoin would be able to reach $100k this year, and even if it did, I hope it doesn't, it's going to be a bubble imo, not really something I'd look forward to in the long term.

[NeuroticFish]

Hey guys, will Bitcoin go to $100k?
On my opinion yes.
[~snip~]
What do you think?

Imho bitcoin price will reach 100k and beyond.
However, we've seen so many indicators telling that, I'm no longer jumping for each new TA coming out. TA is not enough for predicting the price.
On the other hand, especially related to the title you've chosen, I can tell that Bitcoin is on its way to <insert number here> since the moment it started getting traded. Just look at the full chart.

[StreakW]

If I look at your metrics and indicators chart, it looks like the correction phase in bitcoin has almost reached the end of the correction. the bitcoin price has the potential to head towards $100k this year. However, for now, it's better not to open a position first because the price of bitcoin is still worrying, but if you want to open a position, keep money management to minimize risk.

[antmex]

I personally would watch the market. For me the next bullish entry is above the blue line. Whenever it close above, it’s in a bullish phase.
https://de.tradingview.com/x/NY0rQLvO

[michellee]

I do not have the right answer but I believe that bitcoin is on its way to $100,000. Even if that will not happen this year, bitcoin can reach that in the next future. You can draw any line showing you the potential of bitcoin to hit that highest price but we do not know when that will happen and we can only hope that will happen this year. I would love to wait for that price and try to make more and more bitcoin so I will make a big profit and I am sure other people will do the same.

[Ararbermas]

Actually there's a lot of happenings last year mate and bitcoin almost break 70k level wherein reason most of the prediction when it comes bitcoin price afterwards is road 100k..but unfortunately this year obviously there's a big changes, so perhaps we must make adjustment as well because on this current situation 100k is really too far from that prediction.

[antmex]

Actually there's a lot of happenings last year mate and bitcoin almost break 70k level wherein reason most of the prediction when it comes bitcoin price afterwards is road 100k..but unfortunately this year obviously there's a big changes, so perhaps we must make adjustment as well because on this current situation 100k is really too far from that prediction.

Can you tell me the changes for this year? Fundamental changes?

[bittraffic]

I personally would watch the market. For me the next bullish entry is above the blue line. Whenever it close above, it’s in a bullish phase.
https://de.tradingview.com/x/NY0rQLvO

With the pattern I have looked, BTC is going more than 200K actually but it will be beyond 2023. Its inevitable that Bitcoin is going there. Its just a matter of time that we see 100k realized.

It is not however convincing how low the dip of Btcoin will go this year. The 38k pump this week still has given doubt to retail investors because of the unforseeable price in the bear trend.

[TinaK]

It's possible and I believe that bitcoin will reach that price, it's on the way but the problem is there's no time frame when that will happen.
Maybe when there's a bitcoin next halving the usually bitcoin price goes up after that event. But as of now, I can't tell much because it's unclear direction which is there's no technical analysis alone can predict the market.

But if you applied fundamental analysis, bitcoin will surely raise because there are too many investors that has believe in bitcoin investment.

[btc_angela]

If I look at your metrics and indicators chart, it looks like the correction phase in bitcoin has almost reached the end of the correction. the bitcoin price has the potential to head towards $100k this year. However, for now, it's better not to open a position first because the price of bitcoin is still worrying, but if you want to open a position, keep money management to minimize risk.

We just started the year, it's early to say that the correction has subside, personally I think the price will still go lower.

Same thing with $100k, it could be a hit or miss, remember there was one known model who predicts that bitcoin will hit $100k in 2021, December to be exact. And it seems the model predicts it almost perfectly until November. However, when December comes it's a different story. So what does it tells us? don't really on TA or those indicators.

[bitzizzix]

Bitcoin price will definitely reach that price even more and only time will tell, I think bitcoin price is not easy to predict and all we have to know is bitcoin price will definitely go up after going through some declines.
I don't really believe in predictions and even though they are expert predictions because sometimes they miss because we will never know what will happen on the way because there are always things that happen unexpectedly that make predictions go wrong.
because I think bitcoin is for long term and also to be held indefinitely which is not affected by prediction.

[Husires]

You give a small hint, but the answers to the following questions are the necessary variables. What will it be? What will ATH be? Correction amount? -82%,-92%,-72% And quick correction? Or it will be slowly.

We have already experienced a 50% retracement, so 70k probably won't be ATH of this year. Previous corrections were very sharp and therefore we will see prices like 120k for short periods followed by a big correction in the price.

If we do not reach that price before the end of the year, all previous models will be useless in the future.

[Silberman]

Hey guys, will Bitcoin go to $100k?
On my opinion yes.
I was looking at my indicator on monthly basis. Every time bitcoim holds the red line, it raises to new ATH.
https://de.tradingview.com/x/BYAvkZC8

Based on this, it can go to around $100k
https://de.tradingview.com/x/QVb7RifK
On the other hand, if BTC close under this red line it will go lower.

What do you think?

You do not really give a time frame in which this is to happen, do I think that the price of bitcoin will at some point in the future reach 6 figures? Of course, but when will this happen? That is the real question and since you do not really give us the time in which you think this would happen it cannot be called a prediction, after all it would be difficult to reach that price since now people are afraid to see a further decrease in the price, and this is not really conductive to reach a new ATH at the moment.

[Doell]

bitcoin can achieve that but it's too early to conclude for this year ,actually just last year bitcoin hit a new ATH and I don't expect more to 100K for this year because 70K last I think looks good ,bearish moment continues at least until the end of this quarter just say

[dataispower]

bitcoin can achieve that but it's too early to conclude for this year ,actually just last year bitcoin hit a new ATH and I don't expect more to 100K for this year because 70K last I think looks good ,bearish moment continues at least until the end of this quarter just say

From the am seeing Bitcoin this year bitcoin will find it very hard to reach 100k this year, from the starting of 2022 and ending of December 2021 the price of bitcoin has been shaking from one way to the other, i don't believe that the price will fall back to 40k to 37k all this was not my expectations for Bitcoin thiy year, we are into bearish but no one can tell when we are going out of bearish, their is thread i came across that analysis the price regulations of bitcoin through chat and years of accumulation and downfall, click to see @ ImThour { https://bitcointalk.org/index.php?topic=5383940.msg59133230#msg59133230}

[aruldaroy]

One day the value of bitcoin price will definitely touch $100k but not this year maybe.
With this decline, we can also learn many things and we also can't easily predict the price of bitcoin to be able to soar immediately.
Because we also know that all this time we use bitcoin for the long term and maybe even forever, sometimes there are predictions that we can't believe too.
Even if bitcoin is expected to recover, of course it will also take time to rise gradually.

[xmonkeyx]

Hey guys, will Bitcoin go to $100k?
On my opinion yes.
I was looking at my indicator on monthly basis. Every time bitcoim holds the red line, it raises to new ATH.
https://de.tradingview.com/x/BYAvkZC8

Based on this, it can go to around $100k
https://de.tradingview.com/x/QVb7RifK
On the other hand, if BTC close under this red line it will go lower.

What do you think?

if you look at it since the first Bitcoin price has always been able to recover and reach new highs, I believe that.
The price of 100k has been predicted a lot since a few months ago but it never came, on the contrary we continue to be in a bear market for now, and we don't know for sure how long the downward trend in the market like today will continue even though there is an increase in the price of Bitcoin. in the last few days which was able to rise to the price of 38k I don't think it can be said that the bear market has passed.
New ATH will definitely come, but don't know when it will happen, sooner or later. we just wait.