Industry experts believes BTC is primed to hit $106,000

[Kelvinid]

There is always positive news that makes us have to be optimistic about the future of Bitcoin, in my opinion it is natural that many speculations say Bitcoin is worthy of being valued at $ 106K, the adoption and tender process that legalizes Bitcoin is a strong indication that soon the market will explode.

Lacks basis I guess. What's with Bitcoin to be an indicator? Bottomline is, it is still hard to determine whether bullish run has already started or when will it occur or would be seen. Things like these speculations, always appear out of nowhere, not knowing that some people would be easily carried away by the idea and be in debt for not doing their own analysis. Bitcoin and other cryptocurrencies are indeed promising but let us all still consider the present scenario. Being optimistic is good but anything which is too much, could not be a positive thing.

$106,000 is just a sort of market assumption, assuming it gonna happen without having any possibility. Yes, even to say that they are experts but the fact that Bitcoin is decentralized and unpredictable, seems to make these experts fail. I was optimistic as well but I'd never make any assumptions or prediction that was too far from happening, it should be close to a realistic price, $80,000 is certainly possible once this bear season end.

[KingsDen]

I have two notable things about your post and the acclaimed experts in bitcoin. The two notable things are;

1. Their prediction is worthy to be trusted, it is something that is realistic giving thr long span of time given. Everyone that has been in this industry for years or have read how things work will understand or believe the predictions.

2. The prediction is almost a general knowledge, this is because everyone is expecting a massive bull in 2024/2025 immediately after the halving, so it is not a rocket science to make such a prediction and neither is it a coincidence. It is a prediction from the past and present trend.

Since it's a prediction in favour of bitcoin, I love it.

[Oceat]

if it reaches $ 106k of course it will be very surprising to the whole world, but in my opinion it is still a question mark,
indeed Bitcoin has reached $ 64k, but after seeing the incident from Luna, I think maybe Bitcoin will never reach ATH again,
and even I have the worst case scenario, which is Bitcoin drops below $10k again.

The only difference between Bitcoin and shitcoin is that no one is behind in Bitcoin or an entity that controls it. Plus if people want to buy Bitcoin with that kind of price they must be some kind of a big company that would spend millions of dollars just to own some.

Luna is a scam that has no use except for scamming people so why compare it to Bitcoin when it's still being use after 10+ years. See the difference between them and reaching $106k is nothing if Bitcoin want to reach that price it will eventually gonna reach that.

[dunfida]

There is always positive news that makes us have to be optimistic about the future of Bitcoin, in my opinion it is natural that many speculations say Bitcoin is worthy of being valued at $ 106K, the adoption and tender process that legalizes Bitcoin is a strong indication that soon the market will explode.

Lacks basis I guess. What's with Bitcoin to be an indicator? Bottomline is, it is still hard to determine whether bullish run has already started or when will it occur or would be seen. Things like these speculations, always appear out of nowhere, not knowing that some people would be easily carried away by the idea and be in debt for not doing their own analysis. Bitcoin and other cryptocurrencies are indeed promising but let us all still consider the present scenario. Being optimistic is good but anything which is too much, could not be a positive thing.

$106,000 is just a sort of market assumption, assuming it gonna happen without having any possibility. Yes, even to say that they are experts but the fact that Bitcoin is decentralized and unpredictable, seems to make these experts fail. I was optimistic as well but I'd never make any assumptions or prediction that was too far from happening, it should be close to a realistic price, $80,000 is certainly possible once this bear season end.

All of market price claims and sayings would really be that ending up on presumptions and speculations because no one on this market could really tell on where the market would be heading up.Everything is unpredictable

there's no way that someone could able to predict on what would be the future looks like but speaking with Bitcoin then we could really say that it does have soo much potential and its been proven and been shown

over a decade time on how big it did become although we should always bare on mind about the risk involved.Just dont go all in and always set out risk management.

[Lubang Bawah]

The prediction that the price of bitcoin will skyrocket is certainly a natural thing, when Tesla sells most of the stock, but the market does not panic, the price continues to improve, this proves that the community that is solid and continues to develop into the key and determining the direction of the market.

[BobK71]

I do not think it is wrong, we do not know what will happen in the future until it happens, but if bitcoin continues to repeat its price pattern, that means getting over $100000 is certain in the next three years. Most of people are considering halving, that people again will invest big in bitcoin which will make its price to rise again.

I think it's a cycle. After bullish market will get a bearish and some times it may be prolonged. But every day new investors are coming to crypto. As a result in every bull market we will be able to see new ATH which indicates that the price of Bitcoin will go higher in the future which could be $100000 or more.

[sana54210]

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.

Yes if the experts were so true about their statements, then they would have been sitting right now on a pile of money.
These experts change their statements like weather. It’s completely unpredictable.
We don’t need these expert advise to invest in Bitcoins.
We know the capacity of Bitcoins, we also know that Bitcoins marketcap is huge.
So definitely as the time passes, the value of Bitcoins will increase. So stop listening to talks of different people and buy the coin.

I do agree that experts could be right or wrong as much as newbies and I do not think that it is going to change that much. What I believe is that we shouldn't be shocked about the current situation all that much and we should be focusing on what we think, not what experts think. That is why I check it for myself, and I see that 100k is not impossible, doesn't look like it is going to happen today, but it looks like it could happen potentially in the near future.

I believe early 2023 is a prime time to reach those times, like Q1 or at the very latest Q2 of 2023 seems like a good time to reach 100k and I can wait that much, so I am not willing to sell at all right now.

[TravelMug]

I do not think it is wrong, we do not know what will happen in the future until it happens, but if bitcoin continues to repeat its price pattern, that means getting over $100000 is certain in the next three years. Most of people are considering halving, that people again will invest big in bitcoin which will make its price to rise again.

I think it's a cycle. After bullish market will get a bearish and some times it may be prolonged. But every day new investors are coming to crypto. As a result in every bull market we will be able to see new ATH which indicates that the price of Bitcoin will go higher in the future which could be $100000 or more.

So far this has been proven case, and because we have the bitcoin halving. The single most important event that happens every 4 years, and so that's why we have what we call the 4 year cycle as well. The last all time high is around $69k, and I think we can beat that high again in the next bull run that could occur in 2024-2025 and definitely $106,00 could be just the lower bounds.

[posi]

if it reaches $ 106k of course it will be very surprising to the whole world, but in my opinion it is still a question mark,
indeed Bitcoin has reached $ 64k, but after seeing the incident from Luna, I think maybe Bitcoin will never reach ATH again,
and even I have the worst case scenario, which is Bitcoin drops below $10k again.

I believe Bitcoin will hit a price of $106k in the future, if we look at the history of Bitcoin movements that can go up very high after
the Bitcoin halving occurs. So I predict Bitcoin will reach the new ATH price in 2025, therefore a bear market like now should be our
chance to collect Bitcoin. And I believe Bitcoin will not experience what happened to LUNA, we must remember Bitcoin is the best crypto
and always dominates the market, it is very unlikely that Bitcoin will experience something as bad as LUNA. Although many people believe
Bitcoin will go back down to $10k again, but I'm still optimistic that won't happen. Moreover, seeing Bitcoin's performance shows a positive
trend in the last few days, I'm sure Bitcoin won't drop below $20k again.

Luna is just a shitcoins and it ended its scam journey, it doesn't deserve to be compared to bitcoin. Bitcoin hitting $100k even more is certain and only a matter of time, these are basic predictions that anyone who has been in the market for a long time should be able to predict.

Unlike every year, this year has been a bad year for the world economy and bitcoin has also suffered somewhat but that does not mean bitcoin cannot rise again, looking at the past bitcoin went through worse periods but then it rose to new heights.

[Yaunfitda]

if it reaches $ 106k of course it will be very surprising to the whole world, but in my opinion it is still a question mark,
indeed Bitcoin has reached $ 64k, but after seeing the incident from Luna, I think maybe Bitcoin will never reach ATH again,
and even I have the worst case scenario, which is Bitcoin drops below $10k again.

Lol, how can you compare Luna to Bitcoin? and why does Bitcoin correlates with Luna? I don't get the relationship. You mean that when Luna falls, Bitcoin will not reach a new all time high? How come?

We all know that Bitcoin works like magic every 4 years, aptly call a cycle and it closes on a bull run just like in 2021 $60k++ run in November and then after that, the bubble has been burst and we are back to bearish cycle again.

[suzanne5223]

if it reaches $ 106k of course it will be very surprising to the whole world, but in my opinion it is still a question mark,
indeed Bitcoin has reached $ 64k, but after seeing the incident from Luna, I think maybe Bitcoin will never reach ATH again,
and even I have the worst case scenario, which is Bitcoin drops below $10k again.

Lol, how can you compare Luna to Bitcoin? and why does Bitcoin correlates with Luna? I don't get the relationship. You mean that when Luna falls, Bitcoin will not reach a new all time high? How come?

I believe he didn't understand the concept and the benefit of Bitcoin because there's Luna never had handled a concept that will give it the needed longevity in the crypto market right from the beginning but I was surprised that a lot of crypto investors fell for the hype generated by the project team through the use of BTC accumulation as their back up fund.
@Desscount Bitcoin trends decide what will happen in the whole crypto market every 4years cycles.

[DanWalker]

if it reaches $ 106k of course it will be very surprising to the whole world, but in my opinion it is still a question mark,
indeed Bitcoin has reached $ 64k, but after seeing the incident from Luna, I think maybe Bitcoin will never reach ATH again,
and even I have the worst case scenario, which is Bitcoin drops below $10k again.

Lol, how can you compare Luna to Bitcoin? and why does Bitcoin correlates with Luna? I don't get the relationship. You mean that when Luna falls, Bitcoin will not reach a new all time high? How come?

We all know that Bitcoin works like magic every 4 years, aptly call a cycle and it closes on a bull run just like in 2021 $60k++ run in November and then after that, the bubble has been burst and we are back to bearish cycle again.

I think he should refresh his knowledge before starting to invest again he is comparing shitcoin to the crypto king. I guess he invested everything in Luna and now he has lost everything including his faith in bitcoin.

ATH $106k or even more, I can say no surprise with bitcoin, bitcoin will get there just give it time. In the worst case scenario, bitcoin will drop to 10k, but we assure you that it will rise again and will create a new ATH, bitcoin will never be like your luna one go no return.

[Myleschetty]

There is a new report notes that Bitcoin will cross the $100k in 3yrs time by industry experts.

Don't be deceived by the influencers that just make announcements of whatever they wish just to get notice or make name for themselves. Who are the industry experts? If not the crypto community.

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.

I believe this shouldn't be a piece of news anymore since people already know BTC always maintains its 4cycle and after a block halving is a new ATH price.  These people are just selling themselves to the crypto industry.

[FanEagle]

if it reaches $ 106k of course it will be very surprising to the whole world, but in my opinion it is still a question mark,
indeed Bitcoin has reached $ 64k, but after seeing the incident from Luna, I think maybe Bitcoin will never reach ATH again,
and even I have the worst case scenario, which is Bitcoin drops below $10k again.

Lol, how can you compare Luna to Bitcoin? and why does Bitcoin correlates with Luna? I don't get the relationship. You mean that when Luna falls, Bitcoin will not reach a new all time high? How come?

We all know that Bitcoin works like magic every 4 years, aptly call a cycle and it closes on a bull run just like in 2021 $60k++ run in November and then after that, the bubble has been burst and we are back to bearish cycle again.

There are people who think that Luna case is not really related to bitcoin directly, it just shows that market could be crashing down because of other coins, that’s the point. If Luna crashed the market, then next time it could be solana, then avax, then dot, who knows when and which one will crash? This is the point why there are some people who are afraid.

I am not afraid of the market at all, but I do understand others. When all looks good and maybe we could have been higher already if Luna deal didn't happen, out of nowhere something happened and the whole market crashed. People are worried about those type of things and I can understand it, that’s a fine logic.

[cryptomaniac_xxx]

if it reaches $ 106k of course it will be very surprising to the whole world, but in my opinion it is still a question mark,
indeed Bitcoin has reached $ 64k, but after seeing the incident from Luna, I think maybe Bitcoin will never reach ATH again,
and even I have the worst case scenario, which is Bitcoin drops below $10k again.

Lol, how can you compare Luna to Bitcoin? and why does Bitcoin correlates with Luna? I don't get the relationship. You mean that when Luna falls, Bitcoin will not reach a new all time high? How come?

We all know that Bitcoin works like magic every 4 years, aptly call a cycle and it closes on a bull run just like in 2021 $60k++ run in November and then after that, the bubble has been burst and we are back to bearish cycle again.

There are people who think that Luna case is not really related to bitcoin directly, it just shows that market could be crashing down because of other coins, that’s the point. If Luna crashed the market, then next time it could be solana, then avax, then dot, who knows when and which one will crash? This is the point why there are some people who are afraid.

I am not afraid of the market at all, but I do understand others. When all looks good and maybe we could have been higher already if Luna deal didn't happen, out of nowhere something happened and the whole market crashed. People are worried about those type of things and I can understand it, that’s a fine logic.

Yeah, but the effect should be short term, after the Luna crash, all the market dip, but maybe after a couple of days, when everything clears and people realized what really happen and that Luna has nothing to do with Bitcoin and everything, all the investors are back into the bitcoin market and the once left are those who fell victims to the crash and lost a big chunk of their money. As for the prediction, its really hard to see bitcoin not getting at least $100k in the next bull run. And that is going to happen in the future when the demand will go up because of adoption.

[BobK71]

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.

Yes if the experts were so true about their statements, then they would have been sitting right now on a pile of money.
These experts change their statements like weather. It’s completely unpredictable.
We don’t need these expert advise to invest in Bitcoins.
We know the capacity of Bitcoins, we also know that Bitcoins marketcap is huge.
So definitely as the time passes, the value of Bitcoins will increase. So stop listening to talks of different people and buy the coin.

If anyone knew that Bitcoin would be $ 50,000 in the future, then no one would have eliminated the purchase of Bitcoin beyond his own ability, try to buy Bitcoin even though he borrowed money. Bitcoin's prediction will continue as the market condition is up or down that doesn't fact but the investor has to consider himself what he wants to do.