Bitcoin on its way to $100000?!

[rhomelmabini]

To be frank those images you sent above aren't telling much unless for me or others that may find it vague. The first image doesn't indicate that it already holds the red line, we may see a monthly red candle
once again then holds it or if it goes green then I'd say we may past it.

I think the sentiment was still the $100k Bitcoin price and would hodl until I see it as well. WAGMI

[antmex]

To be frank those images you sent above aren't telling much unless for me or others that may find it vague. The first image doesn't indicate that it already holds the red line, we may see a monthly red candle
once again then holds it or if it goes green then I'd say we may past it.

I think the sentiment was still the $100k Bitcoin price and would hodl until I see it as well. WAGMI

That’s correct. It doesn’t tell much. Until BTC breaks the blue line, we are in a bear market (for me)
https://de.tradingview.com/x/YFvUV6bM
A monthly close under the red line isn’t a good sign.

[davis196]

In the last two weeks,the BTC price dropped to 34K and many forum members were asking "Where is the price bottom?Will the price drop to 30K or 20K?"
Now,the Bitcoin price went up from 34K to 39K and forum members like the OP are asking "Will the Bitcoin price go to 100K?" The psychology and mentality of the average Bitcoin trader/investor is so funny.
Nobody knows when the BTC price will hit 100K and will it be able to hit 100K some day.Maybe yes,or maybe no.I'm expecting another price drop in February and/or March,but I'm pretty positive about the spring.

[rhomelmabini]

To be frank those images you sent above aren't telling much unless for me or others that may find it vague. The first image doesn't indicate that it already holds the red line, we may see a monthly red candle
once again then holds it or if it goes green then I'd say we may past it.

I think the sentiment was still the $100k Bitcoin price and would hodl until I see it as well. WAGMI

That’s correct. It doesn’t tell much. Until BTC breaks the blue line, we are in a bear market (for me)
https://de.tradingview.com/x/YFvUV6bM
A monthly close under the red line isn’t a good sign.

I think if it will have a long monthly green candle and breaks that blue line, looks like FOMO will kick in once again. Still on the sideline but been DCA these past days tbh.

In the last two weeks,the BTC price dropped to 34K and many forum members were asking "Where is the price bottom?Will the price drop to 30K or 20K?"
Now,the Bitcoin price went up from 34K to 39K and forum members like the OP are asking "Will the Bitcoin price go to 100K?" The psychology and mentality of the average Bitcoin trader/investor is so funny.
Nobody knows when the BTC price will hit 100K and will it be able to hit 100K some day.Maybe yes,or maybe no.I'm expecting another price drop in February and/or March,but I'm pretty positive about the spring.

Never gets old but we can't control these thoughts as much as the market. It's funny to think but we've seen these kind of threads way before but look at where we are now, we're above the 2017 ATH and I wouldn't be surprised if we see similar thread once again when we're above the 2021 ATH.

[wajik-tempe]

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

70k is also high i think, it will need a massive pump and a massive good news to reach that price this year, we reached 2 times all time high last year and it never happen in the history before if we want to reach another high this year. So i think we should just hold our coin this year and load up some more with free money ofcourse.
I would not surprice is there is another dump in the further this year because it's a buying year

[Oceat]

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

70k is also high i think, it will need a massive pump and a massive good news to reach that price this year, we reached 2 times all time high last year and it never happen in the history before if we want to reach another high this year. So i think we should just hold our coin this year and load up some more with free money ofcourse.
I would not surprice is there is another dump in the further this year because it's a buying year

I think it takes three months before the Bitcoin price made another new ATH after its correction last year when the price is on $28k. So I think February or March will be the month for Bitcoin if it follow the same pattern but we really need a massive pump and good news like a new institutional investors join and invest in Bitcoin that would create a FOMO.

The question now is, will it ever pump again or it's just going to bear market? Does the FUD is not enough yet to make the market dump more or it will go the other way around?

[MarjorieZimmermanGinger]

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?

There is a possibility that bitcoin will reach $100k, if you look at the development of bitcoin in the previous year, the correction phase will usually make bitcoin stronger than the previous price, even reaching a new ATH in 2021, but if you look further, this possibility cannot be achieved in 2021. this, considering the market is back on the red track for such a long time,

[SirLancelot]

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.

Just because it was predicted before and failed does it mean it will fail again this time because maybe this time is different and it does not look normal if we will stay the same and we wont saw an improvement because the time is moving forward and there are good things that happened already like btc adoption.

I think this downtrend will be over soon because we have been on this for such a long time and an increase in the price of bitcoin is a good sign that we are going to take off soon. We do not know when the ATH will happen therefore it is best if we can prepare now by buying so that we wont get surprised and experience a regret.

[btc78]

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?

Actually i am a believer that Bitcoin will be taking bitcoin to 100k or even a million , but what I am asking is when , so your indicator makes me confused on when this be happen and how? because the support for now are still slower compared to what 2021 brings us.

seemingly that bitcoin is still on low growth in the next months or even this whole year so best to judge the market depend on your capacity to risk and to invest.

[danherbias07]

Maybe, maybe not. Will we be there to witness it? Who knows?
We reached 60k by means of rich people investing in Bitcoin so it's obvious the market could sway on a higher position if we have more investors even small ones. All we could do is spread the gospel about it.
We might've reached it if not for a lot of altcoins that are being created that divided the money all over different places. Imagine if all of that money went to Bitcoin and just one competition.

[GeorgeJohn]

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.

Yes it possible for Bitcoin to possessed the height of hundred thousand (100k), but from your observations through the chart, do you think its something that we can realize this year or meet up, we have to know that the essence of bitcoin to get increased is determined by the strong bond of demands and supply, and what really affects this, is informations that is not cogent, a negative news from potential countries really affects market structure of bitcoin, actually we can experience a high increment of bitcoin and especially reaching to hundred thousand by endings of 2022 getting into 2023, i know vividly that bitcoin predictions never be accurate, but from chart you have to understand the preamble of it's future.

[pooya87]

We had a big drop and price remained very low in $30k range that scared a lot of people (who are not buying back yet) but we never had a down "trend". We only had the big drop in a very short time. This is why I still think the bull market hasn't ended and the charts show the strong buy support is still there while a lot of money is waiting on the side lines to jump back in when they get the positive signal.

I don't think it would take until $50k+ (your blue line) for it to happen, all it would take is breaking $40k (closer to your yellow line) and price can start shooting up from there starting the $100k journey and beyond to $400k.

[usekevin]

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?

The price of bitcoin to 1Million is primary target to all the traders. But they fail to understand that, it takes time to reach such a mountain. It's essential to hold for the trading then sell at the low profit. People mostly sell at the panic.
The panic selling was the key tool for the dump in the market. People forgot to get the dump for the investments. Now the market is dump use for the essential investments.

[Reid]

How I wish it will be that easy.
If you take a deep look at what is going on with the economy then it becomes a big question on how people will get money to invest with.
Pandemic, being jobless, and there's the hyped coins which includes NFT projects and memes that divides all the capital that could have been all for Bitcoin. Free will, different options, their own beliefs that it will make them rich in a short span of time, all of those considered will make you hard to believe if ever Bitcoin will ever reach a high value. But I believe they will be back, this ain't new to us. Clue, ICO.

[mia_houston]

Yes, bitcoin is on the way to $100,000 but that will not happen in just one night because we will see the fluctuation many times. At this moment, the price is down again and I see the price can get lower than now. But for the long term, the price will have a big chance to rise to more than $100,000 but you should have patience and do not panic. You should use this time to buy more while you still have time because when the drop is over, you will not have a chance to buy bitcoin at a lower price.

The price of bitcoin experienced a sharp decline at the end of 2021 due to a lot of negative sentiment that hit the bitcoin price movement in the market, now the price is in the range of $36,900 and clearly bitcoin is still very far from the journey to $100,000 right now, so it's better for us right now just be patient and hope that bitcoin will again get a positive price boost in the market and slowly return to being able to create new ATH.

[tygeade]

The price of bitcoin experienced a sharp decline at the end of 2021 due to a lot of negative sentiment that hit the bitcoin price movement in the market, now the price is in the range of $36,900 and clearly bitcoin is still very far from the journey to $100,000 right now, so it's better for us right now just be patient and hope that bitcoin will again get a positive price boost in the market and slowly return to being able to create new ATH.

We faced big decline by the mid of 2021 but bitcoin showed its potential to recover and to set a new ATH by October/November of 2021 which means we may have similar bounce back at any time hence how far away from $100 is definitely in significant for bitcoin market in my opinion. We just need to make use of currently available more than 50% discounted price before we get into bullish wave. Usually people never think about investing more when bitcoin available comparatively cheaper prices but go mad to buy when bitcoin trades around ATH. Bitcoin keeps giving out many opportunities but people never try to change their buying habits, it seems.

[justdimin]

The price of bitcoin to 1Million is primary target to all the traders. But they fail to understand that, it takes time to reach such a mountain. It's essential to hold for the trading then sell at the low profit. People mostly sell at the panic.
The panic selling was the key tool for the dump in the market. People forgot to get the dump for the investments. Now the market is dump use for the essential investments.

The deal is, 1 million dollars per bitcoin is probably not the deal for traders, it is for long term investors like me. If that ever happens one day then I told myself that I would get out.

I have enough satoshis that if I end up with 1 million dollars per bitcoin, then I would be able to both buy a house for my parents, pay their debts, and have a good life with my wife. That is right now of course, if it happens 10 years later, then I will have probably more than 1+ bitcoin by that time and in that case I would not only do these things but also be very rich as well, for me 1+ million dollars is very very rich and I wouldn't need money ever again.

[$crypto$]

Why not? I guess $100k might get there.

There are many indicators applied but will it create a new sentiment? Considering the price of bitcoin is still not stable and from the downturn it is still a bad indicator and I think it will take a little while for bitcoin to recover.

One day the value of bitcoin will be high and we will feel how $100k will go.

[dunfida]

Why not? I guess $100k might get there.

There are many indicators applied but will it create a new sentiment? Considering the price of bitcoin is still not stable and from the downturn it is still a bad indicator and I think it will take a little while for bitcoin to recover.

One day the value of bitcoin will be high and we will feel how $100k will go.

Dont take this as a smooth sail ride thats why its not really that a good thing that you would really be thinking that 100k would really be easily to be achieved but we know
that Bitcoin doesnt really fail to impress us because it did really have done lots of times on where unexpected things do happen but lets just not make ourselves
in a hurry because it would really just frustrate us when we dont able to hit or see on what we are anticipating because everything would really takes
time for it to be reached out.

[adaseb]

The way I see it is you need to look at all the global markets. Right now price of oil is heading higher due to the Russian conflicts. Higher prices of oil, inflation will be higher. To curb inflation the rate will raise rates more than estimated. If that happens then stock markets which are already very volatile and week will tumble even further.

Where Bitcoin comes in is that it’s basically in the middle of all this. When people are panicking the panic will go to the stock market also. So it will sell off. Unless there is some stability into the stock market then I don’t see $100K anytime soon.

Stocks need to at least range or go up slightly for there to be a new ATH for Bitcoin. Right now i think that is months and months away.