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Author Topic: Industry experts believes BTC is primed to hit $106,000  (Read 494 times)
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July 29, 2022, 03:18:23 AM
 #21

One doesn't have to be an expert of the industry to believe that Bitcoin will hit $106,000. That number will surely come. I am one hundred percent sure that sooner or later Bitcoin will hit $100,000 and even surpass it. This is not just a mere possibility. This is not a matter of if, this is a matter of when. So this is not the question. The question is when. We don't predict whether Bitcoin hits $106,000 or not. We predict as to when it will happen.
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July 29, 2022, 03:35:06 AM
 #22

Yes it’s possible but most likely we won’t see ATH before the end of the year. We are getting many reports like this because of what is happening with the bond markets.

Many traders are expecting the fed to ease and cut rates in 2023. With oil being down, it seems inflation next month won’t be as high as before. And hence why the markets have small rallies including Bitcoin. But until they cut rates we won’t see new ATH most likely until 2023.
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July 29, 2022, 04:25:55 AM
 #23

3 years should hit close to the usual cycle of bull run of the market no? Then I don't think it's that impossible, and no I don't think it takes an expert to see that much of a similarity in the market. Anyhow going from $20k to $100k doesn't seem that impossible, unlike some predictions where it reached up to what, $500k? This is more reasonable imo.

I'm more interested in their $35k prediction for the end of the year. If they're guessing a dip to $13k then that might be close before the end of the year. I honestly don't think it's going to dip anymore and would just go straight for now. Might reach $30k levels again before we see another dip or two.

 
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July 29, 2022, 07:18:30 AM
 #24

There is a new report notes that Bitcoin will cross the $100k in 3yrs time by industry experts.
~
They just said it because of the 4 year cycle and they just added some words so that people will believe in what they are saying but the truth is, there is a high chance that it will happen in 3 years because it is cyclical.

Anyways, we already know that whenever a bull run happens in crypto, it's ATH will be higher than the previous ATH. In this case, we have an ATH of near $70,000 and in the next bull run, we will surpass that ATH and $100,000 isn't impossible to reach if that happens.

On the other hand, even though I believe in 4 year cycle, there is still a low chance that it might not happen in 3 years. Who knows? We've know that the crypto market is unpredictable and anything can happen.

 
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July 29, 2022, 07:27:57 AM
 #25

There is a new report notes that Bitcoin will cross the $100k in 3yrs time by industry experts.
  The Fintech firm which consists of 53 industry experts noted that investors should expect BTC to soar to $106,757 by the end of 2025 -468% of it's current price of $21,795 as at press time.
 
https://c.newsnow.com/A/1138460492?-31421:2839046911:tt_central_top
Then what is the difference from all speculations here in forum? in which all of us or most of us are believing that Bitcoin will Bullish again in the next halving season for miners in which happening every 4 years?

What is the difference from Fintech predictions as experts from us who are not truly an expert in any way but had experienced this from every halving?

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August 01, 2022, 06:29:43 AM
 #26

There is a new report notes that Bitcoin will cross the $100k in 3yrs time by industry experts.
  The Fintech firm which consists of 53 industry experts noted that investors should expect BTC to soar to $106,757 by the end of 2025 -468% of it's current price of $21,795 as at press time.
 
https://c.newsnow.com/A/1138460492?-31421:2839046911:tt_central_top
Then what is the difference from all speculations here in forum? in which all of us or most of us are believing that Bitcoin will Bullish again in the next halving season for miners in which happening every 4 years?

What is the difference from Fintech predictions as experts from us who are not truly an expert in any way but had experienced this from every halving?
The reality is that there is not much of a difference if any between those experts and ourselves, now if they exposed very clearly why they think such a specific price could be the new ATH of bitcoin and they had decades of making correct calls like that then their opinion may hold a lot of weight, but when a great deal of those experts are just making an educated guess about what they believe will be the new ATH of bitcoin then there is no difference at all with what we do at the forum, it is just that we are not famous enough to have an article written about us when we make a prediction.
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August 01, 2022, 08:16:01 AM
 #27

So many experts just pop up nowadays OP and the only thing I know is that nobody can tell. Everything they say is just their own market assumptions and it is bound to be wrong, really. As before thinking it hits $106,000, we must hit $100k first and make it stable there but the problem is the market is too volatile, not even the ATH last for while but it drops immediately due to huge selling.

2024-2025 have been projected for Bullrun as it was after halving but yeah, we don't have to expect that much as well even the spike of price is expected to happen.

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August 01, 2022, 10:01:29 AM
 #28

So many experts just pop up nowadays OP and the only thing I know is that nobody can tell. Everything they say is just their own market assumptions and it is bound to be wrong, really. As before thinking it hits $106,000, we must hit $100k first and make it stable there but the problem is the market is too volatile, not even the ATH last for while but it drops immediately due to huge selling.

2024-2025 have been projected for Bullrun as it was after halving but yeah, we don't have to expect that much as well even the spike of price is expected to happen.
Well everyone says the same , that bitcoin will Hit 100k and that is in the next halving , maybe it is happening in 2024 or 2025? who can say when?

this prediction is nothing different from what had been said since last year and this whole year.

What I wanna see? is that if someone will predict when this will happen in even not exactly date but at least closer to the day.

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August 01, 2022, 11:25:01 AM
 #29

See mate, we haven’t seen the future yet. So yes what numbers are coming in the market from the veterans are only from estimation and calculations.
Seeing the figure mentioned in the OP, I am actually not surprised. Bitcoins have a great capability of doing the impossible. So yes I guess touching that 100k usd mark will be very easy for it.
I know people have lot many questions coming into their mind for this bear market, but believe me, once the bear market gets over BTC price will sky rocket.
Nevertheless let’s hope for the best.

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August 01, 2022, 07:06:16 PM
 #30

There is a new report notes that Bitcoin will cross the $100k in 3yrs time by industry experts.
  The Fintech firm which consists of 53 industry experts noted that investors should expect BTC to soar to $106,757 by the end of 2025 -468% of it's current price of $21,795 as at press time.
   The panel thinks that BTC might sink to $13000 this year due to newer market realities influenced by the crypto winter, current issues and down turn of other part of the economy. The panel also said that BTC will likely reach a maximum price of $35000 before the end of this year.

  Fred Schebesta believes BTC will see a new all time high this year,the panelist are also advising investors to buy more coins as there is positive outlook since the market is recovering from the down turn of previous month.

  BTC has gained 10.71% in the past week to trade at $21,795 .as of press time. BTC coinbase premium has also indicate a high buying pressure on US institutional investors.
That was confusing, as some experts said that new ath will occur 3 years from now while the other said it will occur this year. Let's just assume that if no ath this year or two then it will definitely occur on 2025 because the halving is already done during those years so the price should also improve.

It's okay if the price can still plunge to 13k. In fact a lot of us are ready now as many have sold at 23k just to have a fund on them. A 35k up before we end the year is also better than seeing the price became stagnant at this level. A small growth is still a blessing so people shouldn't complain with it and who knows maybe that was the start of the bull run?
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August 04, 2022, 04:16:52 AM
 #31

So many experts just pop up nowadays OP and the only thing I know is that nobody can tell. Everything they say is just their own market assumptions and it is bound to be wrong, really. As before thinking it hits $106,000, we must hit $100k first and make it stable there but the problem is the market is too volatile, not even the ATH last for while but it drops immediately due to huge selling.

2024-2025 have been projected for Bullrun as it was after halving but yeah, we don't have to expect that much as well even the spike of price is expected to happen.
Well everyone says the same , that bitcoin will Hit 100k and that is in the next halving , maybe it is happening in 2024 or 2025? who can say when?

this prediction is nothing different from what had been said since last year and this whole year.

What I wanna see? is that if someone will predict when this will happen in even not exactly date but at least closer to the day.

I think there is a reason why most traders which more or less know what they are doing refuse to make such specific predictions, and it is because it is almost impossible to guess exactly when something like this would happen, it is not as if we would not like to know exactly when that will happen, it is just that we lack the means to make such a prediction, and anyone that believes they can do it is most likely just deceiving themselves.
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August 04, 2022, 04:53:30 AM
 #32

They have just added  6k lol , We have heard that a dozen times  that Bitcoin will certainly reach a One Hundred thousand value , but the only matter is time , some said it will be on 2024-2025? while others says it may happen earlier.

But what is the true about those how can we subject to believe when the message seems to be a copied Idea from the past releases?

I am certain to make this high , but maybe in at least 5 years from now is the latest.

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August 04, 2022, 02:28:23 PM
 #33

There is no doubt that bitcoin will continue to shine, whatever pressures such as the economic recession seem to have no effect, when a recession occurs, many investors turn to cryptocurrencies that have proven to be profitable than other types of investments.
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August 05, 2022, 06:28:31 AM
 #34

3 years should hit close to the usual cycle of bull run of the market no? Then I don't think it's that impossible, and no I don't think it takes an expert to see that much of a similarity in the market. Anyhow going from $20k to $100k doesn't seem that impossible, unlike some predictions where it reached up to what, $500k? This is more reasonable imo.

I'm more interested in their $35k prediction for the end of the year. If they're guessing a dip to $13k then that might be close before the end of the year. I honestly don't think it's going to dip anymore and would just go straight for now. Might reach $30k levels again before we see another dip or two.

Yeah, at least we should rush, first what will be the price at the end of the year? will it be $35,000 or even higher? We even struggled to hit $25,000-$30,000 that's why a $35,000 might be a good prediction but it doesn't mean that we are out of the bear market. 2023 might be another bleak year for us, but most likely it will be the last chance to really save a lot of bitcoin, accumulate it that year in preparation for the 2024 bull run that might see the price hitting minimum $100,000. So it's ok for the price to go down, it's just a matter on how we are going to take advantage of seeing Bitcoin very cheap.

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August 08, 2022, 09:33:02 PM
 #35

I have personally seen different predictions from financial experts, from those who predict the complete collapse of bitcoin or a fall below $10,000 to those who predict btc to grow to a million dollars by 2028.
There is no point in discussing these predictions because we are not talking about facts here but only guesses or assumptions that are very unlikely to come true.
What exactly will happen in the end with bitcoin and other cryptocurrencies, I don't think anyone can say 100% and it's much better to think about your plans and strategies in the crypto market, and the exit strategy, because that's the only thing that depends on us.
Entering the crypto market without any plan and reading all these predictions and believing them is a path to disaster and not to success.

Everything are considered wild but educated guesses, and not yet proven unless its happening already. However, reading all these positive predictions will also bring more positivity on part of us in spite of the market not showing high progress these past few days. But let's also not forget that these could also be misleading if we totally rely on it, as we tend to invest more than we can afford to lose. So its still best to follow your own predictions and stick to your own plans as everyone has its own target goal in the crypto market.

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August 08, 2022, 09:44:05 PM
 #36

There is a new report notes that Bitcoin will cross the $100k in 3yrs time by industry experts.
I am not against experts report, but I think setting unnecessarily expectations about the price of bitcoin to come especially when backed up with a time frame can lead to disappointment. Bitcoin will go back up, yes! May even exceed the predicted amount, but there's no need putting oneself under pressure believing such predictions.

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Questat
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August 08, 2022, 11:17:55 PM
 #37

Actually, I don't even think about it nor wish this would come because it only gives me stress.
However, I don't disclose any chances that Bitcoin price will rise high and surpass $100k but that seems far from happening, not even I think it will happen the next Bull season, ATH. I know this is just a sort of market speculation and possibly it won't happen but I don't encourage people to think this, and I don't want them to believe that Bitcoin is a rich quick scheme that people expect millions of profit after investing.

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August 08, 2022, 11:35:41 PM
 #38

There is a new report notes that Bitcoin will cross the $100k in 3yrs time by industry experts.
The Fintech firm which consists of 53 industry experts noted that investors should expect BTC to soar to $106,757 by the end of 2025 -468% of it's current price of $21,795 as at press time.

this is a very realistic forecast, at least this time these experts did not show up with their exaggerations that we are used to, but even to reach more than 100,000$ in 3 years we will need to see how far the market will take to recover given the so much crisis that the world is facing due to war and pandemic

The panel thinks that BTC might sink to $13000 this year due to newer market realities influenced by the crypto winter, current issues and down turn of other part of the economy. The panel also said that BTC will likely reach a maximum price of $35000 before the end of this year.

we still haven't dropped below 17000$, honestly I'm not seeing the price drop to 13000$, I think they are wrong in this part, anyway if one day it drops to 13000$ people would even make debts to buy at that price

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sayaya17
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August 08, 2022, 11:43:14 PM
 #39

There is a new report notes that Bitcoin will cross the $100k in 3yrs time by industry experts.
I am not against experts report, but I think setting unnecessarily expectations about the price of bitcoin to come especially when backed up with a time frame can lead to disappointment. Bitcoin will go back up, yes! May even exceed the predicted amount, but there's no need putting oneself under pressure believing such predictions.

There's actually nothing wrong with believing Bitcoin will hit $100k, this will make us more motivated to collect as much Bitcoin as possible during
a bear market like today. The problem is that no one knows when Bitcoin will hit $100k. Moreover, expert predictions also failed when predicting Bitcoin
will reach the price of $100k in 2021. Even though Bitcoin failed to reach $100k in 2021, many investors are actually quite satisfied with what Bitcoin
has achieved in 2021. So I think having a target Bitcoin price is very important to be our motivation, and we don't need to feel pressured by the targets
we set. After all, it is common for us to predict the price of Bitcoin often inaccurately, because in reality it is very difficult to predict Bitcoin price movements.

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milewilda
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August 08, 2022, 11:55:52 PM
 #40

There is a new report notes that Bitcoin will cross the $100k in 3yrs time by industry experts.
I am not against experts report, but I think setting unnecessarily expectations about the price of bitcoin to come especially when backed up with a time frame can lead to disappointment. Bitcoin will go back up, yes! May even exceed the predicted amount, but there's no need putting oneself under pressure believing such predictions.

There's actually nothing wrong with believing Bitcoin will hit $100k, this will make us more motivated to collect as much Bitcoin as possible during
a bear market like today. The problem is that no one knows when Bitcoin will hit $100k. Moreover, expert predictions also failed when predicting Bitcoin
will reach the price of $100k in 2021. Even though Bitcoin failed to reach $100k in 2021, many investors are actually quite satisfied with what Bitcoin
has achieved in 2021. So I think having a target Bitcoin price is very important to be our motivation, and we don't need to feel pressured by the targets
we set. After all, it is common for us to predict the price of Bitcoin often inaccurately, because in reality it is very difficult to predict Bitcoin price movements.
No matter what would be the price would it be hitting, the most important thing on here is that you do able to make yourself to position into those low prices or support which
it would really maximize your profitability if ever the market would make out some significant rise and you wont really be ending up on regretting just because you had missed out
on buying while its still cheap.Im not against with speculations yet 100k prediction is more realistic compared into those million/btc prediction which is far off stretched.
The main thing on here is that you do able to accumulate and make out necessary step or action rather than on keeping observing.

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