GeorgeJohn
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February 05, 2022, 10:39:27 AM |
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Isn't too Early to talk about this? we have discussed this more often last year when the Super Bull is there but does not enough to break so I think we must stop asking or seeking for this nowadays . as the bear is covering the market? i believe that we should experience super bear first before this great climb. lets see in 2022 or at least upto 2024 to find if this 6 digits value will be finally taken , as we are all praying for this to come.
The length am seeing this everyone is lamenting is a bull run, really bull run has taken place yesterday and today a little way, but let us not to be surprised that after this movement of increment can retrace again because the market will be stabilize, actually 2022 wants to began it's step increment, but I'm seeing it's too early, many of the coins currently are in green colouration.
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rodskee
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February 05, 2022, 10:43:51 AM |
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a slower rise to >$50k price.
At least this will take place, i would rather choose to see a slower climb to 50k than a quicker pump and then dumping back that will cause us to be in bull trapping again . but yes the market seems to show us greening today and hope to have more in the following weeks. ______________________________________________________________ Either 100,000 or 50,000 it doesn't matter what we all wanted is to see a climb but constantly growth ? nope there is no such thing .
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Silberman
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February 05, 2022, 05:54:22 PM |
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Isn't too Early to talk about this? we have discussed this more often last year when the Super Bull is there but does not enough to break so I think we must stop asking or seeking for this nowadays . as the bear is covering the market? i believe that we should experience super bear first before this great climb. lets see in 2022 or at least upto 2024 to find if this 6 digits value will be finally taken , as we are all praying for this to come.
The problem is that we do not really know, the positive movement that we have seen is great and all but it seems more like a positive correction more than anything, so I do not think we can conclude from it that the price will begin to go up as it did during the previous years, however even if that is not the case and the price remains close to the current levels for years that is not so bad at all, as that will be an incredible buying opportunity as I think that reaching 100k during the next bull run is a given.
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Tumanggor
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February 05, 2022, 11:47:06 PM |
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~
What do you think?
nowadays, Bitcoin goes to $100k more sense than Bitcoin goes to $10k just watch when Bitcoin hit $31k, lots of people bought it and made the price go up again now Bitcoin has become the most valuable asset (beyond gold) and has a maximalist who is ready to make the price of Bitcoin continue to rise when it drops ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Sled
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February 05, 2022, 11:49:00 PM |
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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/BYAvkZC8We can just compare the past in today's situation and make it a basis to what possibly happens in the coming days, weeks, months, or years. The market eventually changes from time to time and that was difficult to predict what gonna happen. That never works in reality. We have to remember the volatility of the market and no one had ever seen which direction the market goes. I don't weigh that much but you can still make use of it for the analysis however, never expect that it will happen.
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STT
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February 05, 2022, 11:59:26 PM Last edit: June 12, 2023, 12:10:28 AM by STT |
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BTC isnt going to make 100k this year, I said as much last year and I still think more work is there to do. The reason being in simple terms, the rise upto 100k should not be a perfectly straight ramp up but more of a spiral ascension. Ironically the more bumps and levels we put into the price as we gain, the build is more structurally safer; the more likely we hold those levels long enough that all and any can benefit from that appreciation in BTC worth. A fast rise up excludes too many people and it actually does harm not to halt on the way as it also means a fall back down is far more able then is best for long term stability and confidence; in short 100k in 2022 would not be healthy imo. Also you could relate it to Dollar which has only just topped out in its trend, to see a far higher peak in BTC expect that DXY trend to be at its diametric opposite making a trend low on multi year measures.
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Baofeng
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February 06, 2022, 01:03:25 PM |
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~
What do you think?
nowadays, Bitcoin goes to $100k more sense than Bitcoin goes to $10k just watch when Bitcoin hit $31k, lots of people bought it and made the price go up again now Bitcoin has become the most valuable asset (beyond gold) and has a maximalist who is ready to make the price of Bitcoin continue to rise when it drops ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I wouldn't say that, when bitcoin goes into a deep bear market, who knows maybe $10k is possible. But I do agree that it is one of the best assets, and I do hope that investors will see it that way even though it's a market that is very volatile and works in cycle (bear/bulls). But I would say that $100k this year is near impossible, unless there is a surge of investments coming from different financial markets, like gold and stocks and even oil investors suddenly shifting their billions to bitcoin market.
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kentrolla
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February 06, 2022, 04:39:01 PM |
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If we consider last two days chart we can say that Bitcoin would rally towards $100k but if you look at last 2 months chart then it will drop. Now it's been two days since bitcoin has crossed $40k and if it sustains to stay over this mark for an extended period of time and rally towards $50k then we may consider bitcoin hinting a new ATH. But on the other hand if it stays around $40k and gradually reduces then we should be ready for one more bearish run.
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Wawa2013
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February 06, 2022, 10:01:00 PM |
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If we consider last two days chart we can say that Bitcoin would rally towards $100k but if you look at last 2 months chart then it will drop. Now it's been two days since bitcoin has crossed $40k and if it sustains to stay over this mark for an extended period of time and rally towards $50k then we may consider bitcoin hinting a new ATH. But on the other hand if it stays around $40k and gradually reduces then we should be ready for one more bearish run.
It's still too early to conclude that Bitcoin will go towards a price of $100k, we really have to see the development of Bitcoin's price again. There's still a lot of possibilities to come, so we have to stay alert, there's an increasing possibility now of manipulation from the whales. So we will have to see the price movement of Bitcoin in at least the next few weeks, whether the Bitcoin price will continue to rise and reach the price of $50k. If it turns out that Bitcoin manages to reach the price of $50k, it seems like a sign that Bitcoin prices are bullish again and there is a possibility of reaching new ATH this year. But we must be optimistic that Bitcoin can reach a price of $100k this year, at least it makes us more motivated to continue collecting Bitcoin.
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pooya87
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February 07, 2022, 06:09:05 AM |
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It is not clear to me why this rise has occurred, or if it is simply short-term volatility with no clear cause. I'm not bullish for this year after last year's unfulfilled expectations, although with Bitcoin you never know, with a few sessions up over 10% we'll be beating the ATH in no time.
It is actually very clear to me why it happened. It is also very simple. It is a reverse bubble popping. Just like bubbles when price crashes out of an unrealistically "high" price, in the reverse scenario price jumps up from an unrealistically "low" price. This is what happened here and we have to see a couple of other jumps before the reverse bubble is properly deflated. Here is another reverse bubble example from 2020 and 2021 and 2018: https://bitcointalk.org/index.php?topic=5339896.0
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Sayeds56
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stead.builders
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February 07, 2022, 06:56:11 AM Last edit: February 07, 2022, 07:25:17 AM by Sayeds56 |
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If we consider last two days chart we can say that Bitcoin would rally towards $100k but if you look at last 2 months chart then it will drop. Now it's been two days since bitcoin has crossed $40k and if it sustains to stay over this mark for an extended period of time and rally towards $50k then we may consider bitcoin hinting a new ATH. But on the other hand if it stays around $40k and gradually reduces then we should be ready for one more bearish run.
Bitcoin is above 42K now and its going up gradually which is good for stability in market. I love to see organic growth in its price not parabolic which invites huge selling. The new weekly candle is green and hope it will close above 45K. many prominent analysts are predicting that if Bitcoin has to hit 100K in 2022 the we should see its price above 53K by the end of February, 2022. Let's watch and wait how Bitcoin plays out during this month.
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buwaytress
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February 07, 2022, 07:46:16 AM |
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And here we go again, the panic buying at its finest. It only took a couple of hours to go from $36k to $42k as they started to buy a little at first but that causes a ripple effect and suddenly we have a big green candle on the charts where we are now seeing $40k+ prices. Just like that.
Today could be interesting, I'm curious whether the panic buying is going to continue and we can see much higher prices (maybe break another resistance) or a slower rise to >$50k price.
Indeed. I've even started seeing chatter about the "healthy" growth (I've even seen the word "organic" now) of the past couple of days that proves the bears are all done. Ignoring that over 15% spike in a few hours is anything but healthy, and ignoring that demand is suddenly popping up from nowhere. It's always panic selling and stupid noobs when the market moves in the opposite direction but when we're in an uptick, everyone's a genius for rushing in. Woke up to about 2% surge, so I suppose this is a relatively slow rise.
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antmex (OP)
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February 07, 2022, 05:28:18 PM |
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Bitcoin touched the yellow line which is also a resistance zone. It have to break this area to continue. As I told befor. https://de.tradingview.com/x/oymaqduL
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RealMalatesta
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February 07, 2022, 06:01:52 PM |
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I've even started seeing chatter about the "healthy" growth (I've even seen the word "organic" now) of the past couple of days that proves the bears are all done. Ignoring that over 15% spike in a few hours is anything but healthy, and ignoring that demand is suddenly popping up from nowhere. It's always panic selling and stupid noobs when the market moves in the opposite direction but when we're in an uptick, everyone's a genius for rushing in.
Woke up to about 2% surge, so I suppose this is a relatively slow rise.
I would guess that people who are happy to see the situation doesn't want to see it end so they are fooling themselves to think that everything is alright. As we all know these big sudden increases could always mean a bad thing as well (like a dead cat bounce) or it could mean that we will be 70k+? Who knows, anything could happen in the crypto world and we wouldn't be able to actually feel it coming beforehand, we could "sense" something is wrong like we are doing right now but we will not be able to predict it with 100% correctness. I could say that it will go down and be right for now, doesn't mean I will be right next time, or I could say it will go down and be wrong even right now and it will skyrocket to higher prices. I would suggest people to just make sure they know what they are doing and do not get too much hyped and not fool themselves into thinking something silly.
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crzy
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February 07, 2022, 09:15:45 PM |
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If we see the chart last 3-4 days then i think bitcoin would touch in $100k+. But this year similar time bitcoin price was dropped and under $30k but 2021 bitcoin touched $65k+. i hope bitcoin will hit $100k+ next 2-3 years.Bitcoin grow up dy by days and i love seeing this trend.Its slow rise but i hope bitcoin will continue rise.
This could be the starting point for the next quest of Bitcoin to reach the $100k level. Yes, the slow pump of Bitcoin are way better compare to instant pump that will also dump later on, I prefer a trend like this. Luckily, I was able to buy some on a lower price, now I just need to wait for the price to rise again, I can see $50k before the Month end.
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MarjorieZimmermanGinger
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February 08, 2022, 04:06:02 AM |
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If we see the chart last 3-4 days then i think bitcoin would touch in $100k+. But this year similar time bitcoin price was dropped and under $30k but 2021 bitcoin touched $65k+. i hope bitcoin will hit $100k+ next 2-3 years.Bitcoin grow up dy by days and i love seeing this trend.Its slow rise but i hope bitcoin will continue rise.
That's how the market works, there are times when it strengthens and there is also a time to decline, bitcoin's journey has gotten better in the previous year until now, we can pay attention to the market its journey, bitcoin's growth is getting bigger, people's interest in investing is also increasing, this indicates that bitcoin is growing, I'm sure the price problem will get better in the future, when the correction recovers and is on the green line.
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pooya87
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February 08, 2022, 06:01:27 AM |
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Ignoring that over 15% spike in a few hours is anything but healthy,
On paper 15% spike is not healthy but when you also consider the situation that led to that spike you can see that it is not only healthy but expected. Essentially it is like when price suddenly drops down from a bubble. That large drop is not unhealthy because the initial high price (peak bubble) was unhealthy so the drop is making it healthy. The recent below $40k price was itself unhealthy so the price had to jump back up to make it healthy. #reversebubble
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buwaytress
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February 08, 2022, 09:11:43 AM Merited by JayJuanGee (1) |
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Woke up to about 2% surge, so I suppose this is a relatively slow rise.
I would guess that people who are happy to see the situation doesn't want to see it end so they are fooling themselves to think that everything is alright. As we all know these big sudden increases could always mean a bad thing as well (like a dead cat bounce) or it could mean that we will be 70k+? Actually, I think people fool themselves regardless of the market direction. If it's severely down, then it's a floor, if it's suddenly up, it's a rally. Speaking for myself of course. March 2020 I had faith and had it gone down even more I'd still have faith. Ignoring that over 15% spike in a few hours is anything but healthy,
On paper 15% spike is not healthy but when you also consider the situation that led to that spike you can see that it is not only healthy but expected. Essentially it is like when price suddenly drops down from a bubble. That large drop is not unhealthy because the initial high price (peak bubble) was unhealthy so the drop is making it healthy. The recent below $40k price was itself unhealthy so the price had to jump back up to make it healthy. #reversebubble I can go for that. Woke up today and it was 22% up from 5 days ago but price seems to have retreated slightly now after an impressive 45.4k mark. This looks like it's got plenty of legs. I still prefer above 40k for remainder of the month as a better indicator of health, but things looking up now gotta say.
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yohananaomi
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February 08, 2022, 12:41:46 PM |
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If we see the chart last 3-4 days then i think bitcoin would touch in $100k+. But this year similar time bitcoin price was dropped and under $30k but 2021 bitcoin touched $65k+. i hope bitcoin will hit $100k+ next 2-3 years.Bitcoin grow up dy by days and i love seeing this trend.Its slow rise but i hope bitcoin will continue rise.
although it is slow, but if there is clear certainty, that is what we are waiting for because at this time bitcoin is indeed difficult to predict its movement, even though it has increased but will quickly fall again. hopefully the chart that you say will make bitcoin will be able to move more to increase again, and hope that the events of last year this month can happen again and we certainly hope that. if last year was able to reach ATH $ 69K hopefully this year it can at least go a little higher.
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Silberman
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February 08, 2022, 07:33:35 PM |
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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.
I think you are wrong in saying this year to reach 100k, according to my analyst 100k will be achieved but this year maybe two or three years and maybe more. Moreover, this year there is the issue of the 3rd world war between Russia vs. Nato, I think this will probably also affect the stock market, especially Bitcoin. let's just wait and see what happens at the end of this year. It is unlikely that we are going to see something that dramatic happening, most likely what we will see are proxy wars, Russia could at some point invade Ukraine while the US gives armament and intelligence to the Ukrainian resistance, however this is going to be enough to create huge volatility in the markets, and what is even worse is that I think the attempts to regulate bitcoin will become even more fierce as governments will want their sanctions to have an effect, and bitcoin can be a way to sidestep those sanctions.
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