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Author Topic: Bitcoin on its way to $100000?!  (Read 1158 times)
Drnice
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February 13, 2022, 07:57:53 PM
 #101

The tendency of Bitcoin reaching such mark is possible and that will definitely happen sooner or later. Every crypto enthusiast know so well that the price of Bitcoin is always on a rollercoaster ride, and in every deep/price correction, there is always a new ATH ahead. The year 2022 is still very young and tender, and within a week period a new mark can be given when it comes to the speculative nature of Bitcoin.
That being said, the price of Bitcoin is currently on a range level, and the correction process is still going on, to find a good mark for support and the next bull run. I hear most people saying that this might be a long deep, looking at the lows of around $20k levels, if this be, then we might not be expecting the $100k mark this year. So, until the correction is over, we might no be seeing the $100k ATH, and the entire market will face it.
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February 13, 2022, 11:27:50 PM
 #102

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?

That sooner or later Bitcoin will reach the price of $100k is certain for me. Many people, including experts, have announced that it will happen in 2021. Unfortunately, this fact is taking longer, but I think it will not be a problem for the new ATH of $100k to be achieved in 2022. If not in the first half of the year, I think it will almost certainly be at the end of the year.

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February 13, 2022, 11:44:44 PM
 #103

Its not going straight to 100k, I dont fear this as I think markets are not primed to boom in any plain way like that.   Right this moment we are falling below the 2 day average, we have to check first if price action can stay above 43k and if not that then 40k might be the downside target for this month.   I dont know that will happen but its possible and I do expect challenges that cause net selling to appear.  100k could be 1 or 2 years away but still its very optimistic to have on the horizon even.

It's not that easy to directly deal with the price of 100k, there is a process that affects bitcoin reaching that price, but if you look at current market conditions, it's almost impossible for bitcoin to reach 100k, if the bitcoin price doesn't move far from 40k or 43k in the future, then to reach that price This is almost certainly not going to happen this year, but in the long term it is possible that the price will be reached, at least in the next 2 or 3 years.
True. We might have to sacrifice more .. to reach that new all time high , to fall even worse than back to $10k for instance , i still believe that worst moment will always haunting us , you just never know the biggest crash ever could happened while people think confidently that the price might go to $100k with bullish chart formed but the situation directing the other way around.

Beware just beware , there is a lot of possibility and the biggest crash ever in bitcoin history could still there waiting its moment , watchout.

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February 14, 2022, 02:01:22 AM
 #104

The price of bitcoin will definitely continue to rise and even exceed that price by going through a long process for long-term goals, so if that's your goal and for the long term. Never feel afraid because whatever price you want will definitely be achieved.
The most important thing is to live it consistently and have strong patience because bitcoin is for the long term and for your brighter future, bitcoin is not easy to predict although experts predict not necessarily accurate because changes can occur unexpectedly.

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February 14, 2022, 08:28:27 AM
Merited by JayJuanGee (1)
 #105

The current state of Bitcoin is much better. Bitcoin has some support levels. If these levels go down, then there is a possibility of price reduction. However, the price of Bitcoin has dropped dramatically. He also recovered in a few weeks. But I don't think Bitcoin will ever go to 10K. I think it will be 100K by 2023. I think there is a possibility of a good pump at the end of this year.
It is impossible for bitcoin to reach 10k, this is unlikely to happen in the next two or five years, bitcoin has progressed highly from its inception, the long process that has gone through has made bitcoin even more valuable, the current correction process does not make an excuse that bitcoin will drop drastically towards 10K, even the one that I see in the next year bitcoin will reach 100k, because the correction process will return to normal in the next few months.

It is always hard to predict exactly when can bitcoin reaches 50,000$ or 100000$ ? Usually, when everyone expects bitcoin to move up, it rarly goes in the direction of the anticipations by the majority. Bitcoin usually suprises us and move unexpectedly. When bttcoin reach 4000$ in March 2020, no one would have thought that it can reach 69K in a years time only.
I never make up my mind on bitcoin targets as when they will reach them but i know some day bitcoin will reach 100000$.

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February 14, 2022, 09:18:24 AM
 #106

Bitcoin is going to $100,000 & much, much higher. The only question is when that will be. I can close to 100% tell you that it will be before the end of 2025 but I can’t be any more specific than that.
the halving will come in 2024 so yes it is 2025 that the 6 digits will be reached and finally broken , but till that happens let us prevent from expecting too much.  because you will only receive failure if expecting that high when there is no valid reason.


The price of bitcoin will definitely continue to rise and even exceed that price by going through a long process for long-term goals, so if that's your goal and for the long term. Never feel afraid because whatever price you want will definitely be achieved.
The most important thing is to live it consistently and have strong patience because bitcoin is for the long term and for your brighter future, bitcoin is not easy to predict although experts predict not necessarily accurate because changes can occur unexpectedly.
and if you cannot afford to wait long then best to trade in altcoins and not for bitcoin because this is a more expecting coin than hyping .

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February 14, 2022, 05:58:12 PM
 #107

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.

Your prediction is a pessimistic one. BTC has the potential due to its decentralization and privacy. If it continues to gain acceptance among multi-national companies and countries, then it might even hit that $100000 mark before the year ends. 

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February 14, 2022, 06:32:50 PM
 #108

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.

Your prediction is a pessimistic one. BTC has the potential due to its decentralization and privacy. If it continues to gain acceptance among multi-national companies and countries, then it might even hit that $100000 mark before the year ends. 
Prediction about bitcoin is so hard for anyone. Uncertainty is always there but we have to move on. It is true that bitcoin can reach $100000 because it is a decentralized coin and point to be noted that it has a lot of potentiality.

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February 14, 2022, 07:03:25 PM
 #109

The price of bitcoin will definitely continue to rise and even exceed that price by going through a long process for long-term goals, so if that's your goal and for the long term. Never feel afraid because whatever price you want will definitely be achieved.
The most important thing is to live it consistently and have strong patience because bitcoin is for the long term and for your brighter future, bitcoin is not easy to predict although experts predict not necessarily accurate because changes can occur unexpectedly.
History already tell us that, 2020, we seen the price hitting all time lows of $3k, and many are afraid that it will still go down because of the corona virus. But last year we hit a all time high of $69k. So in just a matter of year, the price move so up that everyone was not sure that we can achieved it in just short amount of time. And that's what we like about bitcoin, so volatile and yet the chances are high for a huge returns in the future.

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March 03, 2022, 02:56:37 PM
 #110

In my opinion, the chances of bitcoin breaking the $100k price level this year are pretty tough. Until now the price of bitcoin is still experiencing a very deep correction since the ATH level that was broken last year. Maybe if the bulls continue in the next few months, the bitcoin price target will be reached in the $75k range.

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March 03, 2022, 03:27:06 PM
 #111

In my opinion, the chances of bitcoin breaking the $100k price level this year are pretty tough. Until now the price of bitcoin is still experiencing a very deep correction since the ATH level that was broken last year. Maybe if the bulls continue in the next few months, the bitcoin price target will be reached in the $75k range.
there's a big a difference now on this situation wherein unlike last year bitcoin is really near to break 70k and the structure is very fine.

And now seems all those positive sign disappeared because bearish occurred and alot of correction happened in the market..
probably its possible to happen unless market surge again constantly, i mean another 2 consecutive ATH after breaking thus resistance because surely that 100k is easy to reach within this year.
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March 04, 2022, 07:14:52 PM
Merited by antmex (1)
 #112

Hey guys, will Bitcoin go to $100k?
On my opinion yes.
When was that.........do you really know about Bitcoin to $100k level, tell me, day/date and year for $100k.

What do you think?
My understanding, What is never talked about, that is what will happen, Bitcoin is anonymous, although Bitcoin could go as high as $100k for the next 5-10 years, but never serious people who get profit when Bitcoin is at that level, investors, entrepreneurs no one wants to save their money which is not sure, even if that is the case, they prefer to trade money spins every hour and day, So no wonder Bitcoin is going to the $100-500k level.

How about you, have you bought Bitcoin now and are waiting for the price of 100k, how many coins do you have, are you really patient and hold on to $100k, how much time do you need to wait.

I started buying Bitcoin 2017 at $400. sold some and switched some to other coins. And yes my personal target is the 100k. Maybe I sell some to have some fiat for financial freedom and traveling around the world. I don’t think we have to wait the next 5-10 years. We will see this happening this year I think.

Something is wrong with either your date of entry into BTC or the BTC price that you entered into bitcoin.

Accordingly, bitcoin was not $400 in 2017 and the lowest it got in 2017 was about in the mid-$800s, but only for a short period in March-ish.

As any of us can look at the charts, bitcoin spent a damned high portion of its 2015 in the mid-$200s, and then at the end of 2015 broke up to $500 in November and then corrected and got stuck largely in the lower $400s for the end of 2015 and for the first 5 months of 2016.. and at the end of May 2015 when BTC prices broke above $500 and then went into the $700s before correcting again, never really saw $400s again -even after May 2015... except for a very brief crash after news of the Bitfinex hack in August 2016.. and that Bitfinex crash ended up in the lower $500s as the wick down rather than getting into the $400s.

Can't really disagree with your having a kind of personal price target, but I would question anyone who believes that they are going to shave off large portions of their BTC - whether we are referring to doing that at $100k or some other price point and then either consume with such value or presume that there might be some better place to put their value outside of BTC.  In that regard, it seems better to consider incremental steps to shave off some value from your BTC holdings whether you plan to consume with it, invest in other assets or reinvest in BTC upon potential price drops (that may not end up happening) or some combination of those tactics.

Your seeming assertion that $100k would serve as some kind of magnanimous price for BTC seems to be quite short-sighted...

Sure in the short-term, BTC may well have some troubles getting to $100k, getting above $100k and/or even staying above $100k in the short term - such as 1-4 years, but it seems quite likely that in the whole scheme of things, $100k is not really that high of a price for bitcoin considering what bitcoin offers in the context of other possible options - including the fact that bitcoin is likely facilitating the largest wealth transfer that man has ever seen, but the fact that we seem to still be in the early stages of such great wealth transfer it is easy to get confused about what is going on, how we got here and what is likely to happen in the coming years.. whether we are considering shorter timelines of less than 4 years or longer timelines such as 4-10 years, 10 to 30 years or longer timelines. 

Our investment thesis can attempt to account for each of these kinds of variations in timelines, and of course, the more urgent considerations should be concerning both what we are doing in the shorter timelines and also what we consider BTC's likely path (maybe as compared with other assets and also concerning our own financial and psychological circumstances) in the coming 4-10 years.

I know that people like to get all caught up with BTC tops, and surely, I am not going to fight those inclinations, because they can serve as decent and meaningful opportunities to shave off some value.. but it does seem to be problematic for BTC HODLers to shave off a large portion of their BTC holdings when BTC still serves as a great place to hold/store value in spite of its likely inevitable ongoing volatility.. while at the same time there are likely ways to attempt to insure ones portfolio and also to consider BTC bottoms and bottom potentials in terms of ongoing financial and psychological preparations and practices.

Even if the more bullish of scenarios do not end up playing out for BTC, based on current circumstances, it still seems prudent to engage in some level of preparedness for such more bullish scenarios, but it is up to each of us if we believe that 1-25% allocation into bitcoin is a good place to start, and of course, if we have been in bitcoin for a while (let's say 4 years or more) then our already appreciated BTC holdings would likely affect how we consider the whole allocation matter  - and the fact that bitcoin continues to be one of the best asymmetrical bet opportunities for anyone, whether they recognize and appreciate such great asymmetric bet opportunities or not.. including that these days (relatively speaking) it is not even that difficult to figure out some ways to get exposure to BTC's price.. even though the various ways of deciding self-custody versus holding coins with a third-party can have some difficulties in terms of learning best practices that would likely involve some level of self-custody and putting those better practices to play.. and that part can be complicated for a lot of normies and newbies into bitcoin.. so in that regard, there continues to be expressions of ongoing hope from a lot of us longer term bitcoiners regarding developments to make bitcoin more user-friendly and to increase the various user-friendly options to the extent that is feasible.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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March 26, 2022, 09:50:56 AM
 #113

Since the last few months bitcoin has experienced a very deep price correction from the price of the ATH level. But right now, the bitcoin price has continued to rise until it has risen to the current $44k range. Therefore, if the target price for this year is $100k, then I think it will be difficult because to reach the target price of $100k there needs to be a long rally and strong support from the crypto market. however, if the uptrend continues, bitcoin could hit its $100k price target at least next year.
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March 26, 2022, 06:20:22 PM
Merited by JayJuanGee (1)
 #114

More positive news relative to bitcoin is taking place around the globe. Even at the worsened war situation, countries used it according to their need to overcome financial difficulties. The price which fell once after the start of the war started to progress then after specific time period. Now after a month of war the price have broken several resistance barriers.

Today the Russian Prime Minister have revealed a statement, it is time to integrate bitcoin and crypto into our economy. This will turn to be controversial as well as a key factor for bullish move. More of the positive things increases the chance of $100k at the earliest.

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March 26, 2022, 06:31:50 PM
 #115

Since the last few months bitcoin has experienced a very deep price correction from the price of the ATH level. But right now, the bitcoin price has continued to rise until it has risen to the current $44k range. Therefore, if the target price for this year is $100k, then I think it will be difficult because to reach the target price of $100k there needs to be a long rally and strong support from the crypto market. however, if the uptrend continues, bitcoin could hit its $100k price target at least next year.

You must be new here.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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March 26, 2022, 07:13:52 PM
 #116

Since the last few months bitcoin has experienced a very deep price correction from the price of the ATH level. But right now, the bitcoin price has continued to rise until it has risen to the current $44k range. Therefore, if the target price for this year is $100k, then I think it will be difficult because to reach the target price of $100k there needs to be a long rally and strong support from the crypto market. however, if the uptrend continues, bitcoin could hit its $100k price target at least next year.

Constantly good news from the Russian side: Russia considers accepting Bitcoin as a payment when selling oil and gas to their friendly countries and now they are ready to adopt bitcoin and crypto in the economy their. I hope bitcoin will hit 50k in april and no further drop this year.
100k$ its not difficult with bitcoin but certainly not this year it will take one more super cycle for bitcoin to hit 100k$.

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March 26, 2022, 07:39:32 PM
 #117

Constantly good news from the Russian side: Russia considers accepting Bitcoin as a payment when selling oil and gas to their friendly countries and now they are ready to adopt bitcoin and crypto in the economy their. I hope bitcoin will hit 50k in april and no further drop this year.
100k$ its not difficult with bitcoin but certainly not this year it will take one more super cycle for bitcoin to hit 100k$.
Bitcoin being made by Russia as a medium of exchange for oil is one of the biggest news in the crypto world. we know that after entering the top 5 countries with the world's largest oil producers and having huge transactions, with this adoption by Russia we will see a very large domino effect, it will take Bitcoin to $100k.

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JayJuanGee
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March 26, 2022, 08:08:34 PM
 #118

Since the last few months bitcoin has experienced a very deep price correction from the price of the ATH level. But right now, the bitcoin price has continued to rise until it has risen to the current $44k range. Therefore, if the target price for this year is $100k, then I think it will be difficult because to reach the target price of $100k there needs to be a long rally and strong support from the crypto market. however, if the uptrend continues, bitcoin could hit its $100k price target at least next year.

Constantly good news from the Russian side: Russia considers accepting Bitcoin as a payment when selling oil and gas to their friendly countries and now they are ready to adopt bitcoin and crypto in the economy their. I hope bitcoin will hit 50k in april and no further drop this year.
100k$ its not difficult with bitcoin but certainly not this year it will take one more super cycle for bitcoin to hit 100k$.

I am having some troubles - especially with your last line.

You are recognizing that BTC prices are not far from $100k.. but also seeming to suggest a need for some kind of exponential event.

Remember BTC prices have already made it to $69k.. and thus $100k is ONLY about a 45% increase from that $69k price.  Yes, we are currently at a bit more than $44k, so $100k would be right around 125% price rise from here...

Yeah, such price appreciation up to $100k would not be a cake walk,  but I would not presume bitcoin to be incapable of decently correction minimized price jumps of 5x-20x within relatively short periods of time.  Current market cap does not cause those kinds price runs to be out of the question, even if such price runs are likely to be lower chance events... in other words, it seems that people who speculate about $100k as being some kind of outrageously high price for bitcoin in which everyone is too rich to sustain it, seem to be failing refusing to recognize that people had similar ideas about $10k - especially in 2015, 2016 and 2017.. and even when many faces were melted.. bitcoin got to $10k and even doubled $10k for a short period of time without a whole hell of a lot of effort - even though it took another 5-7 years before $10k became a not too likely to be seen again bottom.... good luck to anyone still waiting for BTC prices in the $10k arena, even though not that long ago, $10k was a pretty difficult to imagine price for a lot of folks - beyond the seemingly bitcoin delusional.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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March 27, 2022, 11:05:18 AM
 #119

Of course bitcoin can go $100k but I don't think if this year will happen because it seems bitcoin is not ready yet to reach $100k, it's still struggling to recover and the market is always bull trap.. I agree with your indicator that in 2023 bitcoin will reach $100k..

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March 27, 2022, 08:51:40 PM
 #120

Constantly good news from the Russian side: Russia considers accepting Bitcoin as a payment when selling oil and gas to their friendly countries and now they are ready to adopt bitcoin and crypto in the economy their. I hope bitcoin will hit 50k in april and no further drop this year.
100k$ its not difficult with bitcoin but certainly not this year it will take one more super cycle for bitcoin to hit 100k$.
Bitcoin being made by Russia as a medium of exchange for oil is one of the biggest news in the crypto world. we know that after entering the top 5 countries with the world's largest oil producers and having huge transactions, with this adoption by Russia we will see a very large domino effect, it will take Bitcoin to $100k.
Bitcoin is being adopted by Russia is truly a good news but that's not alone because there's also bad news and that is they can't use it for now because they are currently in sanction. They cant export oil and crypto transaction coming from their country is also said to be blocked. Metamask wallet and as well as other crypto exchanges have already taken a step with this.

50k for btc is more possible, btc will only need 5k more for it to come true but for 100k? Hmm I am not sure with it for now. First, let see what the month of April brings to us but usually good things will happen to crypto by start of the ber months i.e October and onward.

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