Bitcoin could hit $100,000 within a year, crypto firm's CEO predicts!

[Kemarit]

Bitcoin could hit $100,000 within a year, the CEO of crypto lending firm Nexo has predicted.

Since his business works with crypto, it's part of the job description to convince people that crypto has a good future.
Making price predictions is one such move. The prediction has 0 value because it's a prediction and the bigger/more interesting the price published, the better chances newspapers will talk about that, also indirectly advertising his company. It's a win-win situation by just telling a number.

So it's a biased prediction with absolutely no value. Sorry.

And same with the other so called perma bulls in the market, their job description is to attract wealthy clients so they have to sing praises about bitcoin and it's massive price increased in the near future so that the potential clients will invest millions on them, and it means profits as a cut for this investment crypto firms. Although the chance to hit $100k is the future is high, it might take some time though and no one knows the exact time when we will achieved it, hence it's a waiting game for us, lots of grinding and years of patience.

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[ethereumhunter]

I have no doubts about bitcoin's ability to hit $100,000 but I'm not sure if it will happen this year. But if it happens this year, I'm sure many of us will want to sell it at peak prices. Meanwhile, we still have about 8 months left to see what the bitcoin price will be at the end of this year and now, we are also still allowed to buy bitcoin at the current price. So before the opportunity is lost, we should be able to use it to buy bitcoin and hold it until the price reaches our desired price target.

[Leviathan.007]

This forecast of saying bitcoin will reach the 100,000 price level during a year was said by many people, to be honest, I don't really care about the prediction and the forecast of people even if they had a good history of predictions none knows what going be happen in the future, regardless of that, bitcoin reaching 100,000 price level is not something very far and many soon this will happen and this will reach even higher prices than 100,000 but's just about the time because none know when this gonna be happening.

[Reid]

And yet it's having a hard time to go back to $50k. But it's okay, it's the behavior of Bitcoin. Volatile. So everything will just be a prediction even from a CEO of a company. I want to stay with the lower expectations to avoid disappointments. Expecting too much could make you regret things.
Just keep on accumulating more, purchase, or however I could grab a Bitcoin out there.
That way, if ever that prediction hits (even if it the real reason is for his own benefit) then it will put a smile on my face.

[tabas]

Isn't it scary when most of them are bullish? Well, I've been part of the bullish people and will still be but when news like this comes out most of the time.
There's nothing new when they're telling the same thing. I guess we'll keep on seeing CEOs predicting the same price of bitcoin until it reaches it finally.

Most people think that Bitcoin is like a bubble that's why they keep thinking or hoping that it would be bullish but they never understand the cause and effect after the bull run in a long period of time. We're just so lucky that Bitcoin isn't moving that way but to most altcoins it does happen. And making such prediction or believing that someone could just predict the way they want to as if their prediction matters. In the long run their prediction will just be forgotten as if they never existed so stay focused on reading the chart and do your own thing to make a prediction and stop believing to these so-called experts.

I don't think that bitcoin is a bubble but I'm bullish. But you're right that many are thinking that it's still a bubble that will pop soon but it has been proven that it's not a bubble.
It's a natural growth that we've seen through the years and it's not what they think of. Anyway, if it's about in the long run then it's going to be the same thing. There will be another prediction that we might see again from these high ranking people.

[Bloodseekers]

nothing is impossible, it can happen and everyone can predict what they want to predict. That prediction doesn't have to be true, it's someone's assumption. but I don't believe in it myself because the 100k prediction has been around for a long time and always fails / has not been achieved.

[kotajikikox]

Trenchev's 2020 prediction didn't come true. Bitcoin only managed to hit a high of just over $29,000 that year. But the cryptocurrency did eventually surpass that $50,000 in February 2021.

More Details: https://www.google.com/amp/s/www.cnbc.com/amp/2022/04/14/bitcoin-btc-price-could-hit-100000-within-a-year-crypto-ceo.html

Is there something new from this prediction and those predictions releases even last year?
I think what we need to see now is the actual movement and not these BS predictions , I hate seeing more of this when the truth is nothing is coming to reality for the whole year of 2021 and now second quarter of 2022
lets see what will come now? or till 2025 

[Lucius]

The article looks like it was written by elementary school kids - just another free promotion for some insignificant character who claims he was right (and we know he wasn't) and just another in a series obsessed with $100 000. If that happens in late 2023 or 2024, he will say again that he was right - but even a broken watch is accurate twice a day.

We won't get too excited about that prediction, but maybe people who don't know much about this world will be motivated to invest through his firm.

Well, he is not talking nonsense because he is bored in life, but to attract some new investors who will believe that through his platform it is possible to earn up to 17% interest on your savings. All this of course with company tokens, and lots of nice promises.



Warning: The image above is no financial advice or recommendation!

[suzanne5223]

$100k within a year could happen. This is based on the ath of bitcoin that is being reached last year. The price started to reach ath in an unexpected time period and everything happened within a very short time period. Considering such growth pattern reaching $100k is possible, but the market need to be supportive. For now it looks like the market is in a stabilized move. So, it looks like we'll experience slow and steady growth till the year end.

Honestly, the market has gotten the needed support and I never have the potential to reach $100K in this current market but I still don't know why these people are making this prediction again when it clearly shows that Bitcoin will not make the $100K price in this current market. Besides, if the Bitcoin market still chooses the recent momentum next week from what I am seeing it appears that we are in the Altcoin season.
For what's what, Bitcoin could achieve a $100K price within a year but the chance is tight.

[bocyaj]

$100k within a year could happen. This is based on the ath of bitcoin that is being reached last year. The price started to reach ath in an unexpected time period and everything happened within a very short time period. Considering such growth pattern reaching $100k is possible, but the market need to be supportive. For now it looks like the market is in a stabilized move. So, it looks like we'll experience slow and steady growth till the year end.

Honestly, the market has gotten the needed support and I never have the potential to reach $100K in this current market but I still don't know why these people are making this prediction again when it clearly shows that Bitcoin will not make the $100K price in this current market. Besides, if the Bitcoin market still chooses the recent momentum next week from what I am seeing it appears that we are in the Altcoin season.
For what's what, Bitcoin could achieve a $100K price within a year but the chance is tight.

Most of the people set the next target to 100k dollars. So their are lot of chance for it.When the 40k dollars was a dream. Only the investor and investments make it happened. When the pump occupied, the next dump will be triggered out. So the new people increase the demand of the crypto currency. When the pump occur, most of the time the bulk sale of bitcoin will take. So it also reduced the demand and reduced the price.

[7788bitcoin]

~
Honestly, the market has gotten the needed support and I never have the potential to reach $100K in this current market but I still don't know why these people are making this prediction again when it clearly shows that Bitcoin will not make the $100K price in this current market. Besides, if the Bitcoin market still chooses the recent momentum next week from what I am seeing it appears that we are in the Altcoin season.
For what's what, Bitcoin could achieve a $100K price within a year but the chance is tight.

Lucius explained it better, he is selling snake oil and he wants to attract investors in his platform and for that he could come up in any national television and make any claims without any proof validation and we have seen many in the past coming up with absurd claims and speculation and this is nothing special. I am in this space for a long time and if i am looking for any valuation above $100,000 i would wait for the next halving rather than believing any salesman  .

[macson]

I have no doubts about bitcoin's ability to hit $100,000 but I'm not sure if it will happen this year. But if it happens this year, I'm sure many of us will want to sell it at peak prices. Meanwhile, we still have about 8 months left to see what the bitcoin price will be at the end of this year and now, we are also still allowed to buy bitcoin at the current price. So before the opportunity is lost, we should be able to use it to buy bitcoin and hold it until the price reaches our desired price target.

when the price of bitcoin reaches $100k for the first time there will definitely be many who will try to profit from it ^{(by selling for sure)}, because just look at what happened when Bitcoin made ATH last year, many then took profit and sold some of their belongings to then buy back at lower prices.  Bitcoin's very volatile price is something that can't be changed and will continue to be like that.

[crzy]

I have no doubts about bitcoin's ability to hit $100,000 but I'm not sure if it will happen this year. But if it happens this year, I'm sure many of us will want to sell it at peak prices. Meanwhile, we still have about 8 months left to see what the bitcoin price will be at the end of this year and now, we are also still allowed to buy bitcoin at the current price. So before the opportunity is lost, we should be able to use it to buy bitcoin and hold it until the price reaches our desired price target.

when the price of bitcoin reaches $100k for the first time there will definitely be many who will try to profit from it ^{(by selling for sure)}, because just look at what happened when Bitcoin made ATH last year, many then took profit and sold some of their belongings to then buy back at lower prices.  Bitcoin's very volatile price is something that can't be changed and will continue to be like that.

Selling is inevitable, but if buyers are way stronger than the sellers I’m pretty sure we can still go beyond $100k price and I also believe that it can really happen this year. This is not the first time to hear a prediction like this, they are hyping Bitcoin to start the trend but so far Bitcoin didn’t respond on that and failed to break the resistance. Just hold if you believe for a $100k price this year.

[KennyR]

I have no doubts about bitcoin's ability to hit $100,000 but I'm not sure if it will happen this year. But if it happens this year, I'm sure many of us will want to sell it at peak prices. Meanwhile, we still have about 8 months left to see what the bitcoin price will be at the end of this year and now, we are also still allowed to buy bitcoin at the current price. So before the opportunity is lost, we should be able to use it to buy bitcoin and hold it until the price reaches our desired price target.

when the price of bitcoin reaches $100k for the first time there will definitely be many who will try to profit from it ^{(by selling for sure)}, because just look at what happened when Bitcoin made ATH last year, many then took profit and sold some of their belongings to then buy back at lower prices.  Bitcoin's very volatile price is something that can't be changed and will continue to be like that.

Selling is inevitable, but if buyers are way stronger than the sellers I’m pretty sure we can still go beyond $100k price and I also believe that it can really happen this year. This is not the first time to hear a prediction like this, they are hyping Bitcoin to start the trend but so far Bitcoin didn’t respond on that and failed to break the resistance. Just hold if you believe for a $100k price this year.

It is not about the prediction market, but everything happens out of the market demand. Price prediction from the CEO of crypto.com have been taken into discussion, because he has a big company that is operating on cryptocurrencies. If I'm not wrong, what the CEO trying to do is a kind of market manipulation. However the market doesn't react all the time, it reacts unexpected and the growth will go high above the predicted one.

[peter0425]

Am not sure if this going to happen but of course I am one of those who dreamed for the 6 digit increase because this is my target amount to sell out for a while, I may take a break from investing and holding for a while after taking my funds out because i am surely 400% profiting if 100k will be taken .

nothing is impossible, it can happen and everyone can predict what they want to predict. That prediction doesn't have to be true, it's someone's assumption. but I don't believe in it myself because the 100k prediction has been around for a long time and always fails / has not been achieved.

supporting this for the sake of arguments, there is no impossible in crypto space and we had seen than happened many times  now .

I have no doubts about bitcoin's ability to hit $100,000 but I'm not sure if it will happen this year. But if it happens this year, I'm sure many of us will want to sell it at peak prices. Meanwhile, we still have about 8 months left to see what the bitcoin price will be at the end of this year and now, we are also still allowed to buy bitcoin at the current price. So before the opportunity is lost, we should be able to use it to buy bitcoin and hold it until the price reaches our desired price target.

when the price of bitcoin reaches $100k for the first time there will definitely be many who will try to profit from it ^{(by selling for sure)}, because just look at what happened when Bitcoin made ATH last year, many then took profit and sold some of their belongings to then buy back at lower prices.  Bitcoin's very volatile price is something that can't be changed and will continue to be like that.

that is normal as correction we can call it, People are selling to take their profit and wait for the full back then buy again.

[SirLancelot]

Honestly, the market has gotten the needed support and I never have the potential to reach $100K in this current market but I still don't know why these people are making this prediction again when it clearly shows that Bitcoin will not make the $100K price in this current market. Besides, if the Bitcoin market still chooses the recent momentum next week from what I am seeing it appears that we are in the Altcoin season.
For what's what, Bitcoin could achieve a $100K price within a year but the chance is tight.

The support are only to prevent bitcoin from falling further but not from achieving greater ath's. Just let them if that's what they want in bitcoin, they based their predictions on the past price of btc and they see that btc reached 68k so why not 100k? But the gap is kinda wide though in my opinion.

I am not sure if btc can hit 100k but a comeback from 68k is pretty possible and it can achieve some extra gains after that. I think that the altcoin season won't be possible if btc won't have its own bull season first. We have seen some good performance of a few altcoins last time but the rest of the alts didn't follow, they choose to remain stagnant.

[Lucius]

Lucius explained it better, he is selling snake oil and he wants to attract investors in his platform and for that he could come up in any national television and make any claims without any proof validation and we have seen many in the past coming up with absurd claims and speculation and this is nothing special. I am in this space for a long time and if i am looking for any valuation above $100,000 i would wait for the next halving rather than believing any salesman  .

I am glad that someone is still reading what others have written before writing their post

People should finally understand (though probably never will) how the media works. On the one hand, they need material to attract readers, and on the other hand, someone needs media exposure, which leads to such articles in which we did not learn anything new, and if we read between the lines, it is more than clear what the intention is behind the article.

In a world where interest rates are negative, someone promises us a profit of 17% if we buy his tokens, all packaged in the story of how one day the price of Bitcoin will be $100k - everyone on the forum knows this very well without such so-called experts

[Lanatsa]

I'm always optimistic that the price of bitcoin will continue to increase, the simple theory is because stock is limited while the number of users continues to increase, especially the latest data that users in Africa have increased by more than 2700% so that demand continues to increase and we can see this from the daily transaction volume of bitcoin.

Supply is indeed limited, especially after the halving in 2020 made the price of Bitcoin experience a high spike,
this is proof that Bitcoin is indeed bullish when supply is thin, 18 million is already circulating in the market, of course there are still 3 million left,
and the prediction of 3 million will be difficult to predict. expires in the next 100 years, and maybe $100000 could happen this year

Still depend on various factors.

1. Demand
2. Regulation
3. Awareness or Recognition

We know that $100k is really that achievable which is something a realistic number compared into those who are claiming 1 million per
coin which is really out of this world.I dont bother nor stress out myself on minding or thinking about things to happen on next 100 years.

[Baofeng]

^^ Or which institutions are going to invest next on bitcoin? Bitcoin narrative have change in the last 4-5 years that push it to $69k. I didn't see it coming from government or companies that are willing to put their assets into bitcoin. But this time, we need more, are gold investors going to shift so that we will going to hit $100k or more in the next years? Or will retail still going to be the fuel for that six digits?

[suzanne5223]

$100k within a year could happen. This is based on the ath of bitcoin that is being reached last year. The price started to reach ath in an unexpected time period and everything happened within a very short time period. Considering such growth pattern reaching $100k is possible, but the market need to be supportive. For now it looks like the market is in a stabilized move. So, it looks like we'll experience slow and steady growth till the year end.

Honestly, the market has gotten the needed support and I never have the potential to reach $100K in this current market but I still don't know why these people are making this prediction again when it clearly shows that Bitcoin will not make the $100K price in this current market. Besides, if the Bitcoin market still chooses the recent momentum next week from what I am seeing it appears that we are in the Altcoin season.
For what's what, Bitcoin could achieve a $100K price within a year but the chance is tight.

Most of the people set the next target to 100k dollars. So their are lot of chance for it

People next targeted to be $100K does that mean the Bitcoin market will achieve the price or don't notice that the Bitcoin market doesn't have the momentum to achieve the price?

~
Honestly, the market has gotten the needed support and I never have the potential to reach $100K in this current market but I still don't know why these people are making this prediction again when it clearly shows that Bitcoin will not make the $100K price in this current market. Besides, if the Bitcoin market still chooses the recent momentum next week from what I am seeing it appears that we are in the Altcoin season.
For what's what, Bitcoin could achieve a $100K price within a year but the chance is tight.

Lucius explained it better, he is selling snake oil and he wants to attract investors in his platform and for that he could come up in any national television and make any claims without any proof validation and we have seen many in the past coming up with absurd claims and speculation and this is nothing special. I am in this space for a long time and if i am looking for any valuation above $100,000 i would wait for the next halving rather than believing any salesman  .

I agree with what you said but I am trying to make this clear to some people who easily believe in prediction made by some people online, if could remember correctly, this $100K price per Bitcoin have been predicted ever since the start of Bitcoin halving effect market and I always tell people since that I don't see Bitcoin claiming that price in this current market.

Having said that, I don't do a background check on the person that makes the prediction but it was already clear to me long ago that making some statement about Bitcoin to get the attention of the crypto community is the fast way people drag the world attention to themselves or publicize their business.