jaberwock
Legendary
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Activity: 2548
Merit: 1073
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May 16, 2023, 05:30:51 PM |
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Price of bitcoin is very hard task to find out but as we see from the past that price has cross 30k$ in recent year so now its lower at some extent, this activity of price shows that anything can happen with the value of bitcoin and we are not sure about the real value in future. We have strong hopes that one day bitcoin will reach to 100k$ but we don't know and cannot predict the day or the year or enhancement to reach the value of 100k$. As we know that coming year will be a halving year so there is a possibility to reach the maximum price but lots of people will get the benefit so there is also a chances to go down after selling by most of the people.
$30k is easy on some years but it started to get hard during the bear run, luckily we manage to acquire it this year (it was on April 11 to be exact) $30k is not the highest so it was not totally surprising to some of us. Bitcoin has no real value because it is too unstable. Any new price recorded to it will just drop again after some time but its instability is also the reason on why it can make new highs because people can invest in bigger volume once the price declines heavily. $100k is not the maximum value for bitcoin but this one looks hard to achieve because we haven't been close to it. All we got last bull run was only $69k. $30k gap is kinda big though.
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TravelMug
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May 17, 2023, 12:31:10 AM |
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Price of bitcoin is very hard task to find out but as we see from the past that price has cross 30k$ in recent year so now its lower at some extent, this activity of price shows that anything can happen with the value of bitcoin and we are not sure about the real value in future. We have strong hopes that one day bitcoin will reach to 100k$ but we don't know and cannot predict the day or the year or enhancement to reach the value of 100k$. As we know that coming year will be a halving year so there is a possibility to reach the maximum price but lots of people will get the benefit so there is also a chances to go down after selling by most of the people.
$30k is easy on some years but it started to get hard during the bear run, luckily we manage to acquire it this year (it was on April 11 to be exact) $30k is not the highest so it was not totally surprising to some of us. Bitcoin has no real value because it is too unstable. Yes, and we thought that we can sustain that run like April, but it didn't had a few bumps here and there and now we are in the range of $26k-$27k. Still not bad though, I mean the market is still consolidating as of this time. Any new price recorded to it will just drop again after some time but its instability is also the reason on why it can make new highs because people can invest in bigger volume once the price declines heavily. $100k is not the maximum value for bitcoin but this one looks hard to achieve because we haven't been close to it. All we got last bull run was only $69k. $30k gap is kinda big though.
And that's how the market works in the bear market, price is not stable, very volatile. As for $100k, it's not that difficult to get to that price, it's doable in my opinion. The catalyst, the block halving is in May next year so mark that on our calendar and then we might see a steady price increased that time and it could lead to 6 digit price in the future.
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laurenB7742
Full Member
Offline
Activity: 1302
Merit: 128
Vaccinized.. immunity level is full.
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May 17, 2023, 02:10:06 AM |
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Price of bitcoin is very hard task to find out but as we see from the past that price has cross 30k$ in recent year so now its lower at some extent, this activity of price shows that anything can happen with the value of bitcoin and we are not sure about the real value in future. We have strong hopes that one day bitcoin will reach to 100k$ but we don't know and cannot predict the day or the year or enhancement to reach the value of 100k$. As we know that coming year will be a halving year so there is a possibility to reach the maximum price but lots of people will get the benefit so there is also a chances to go down after selling by most of the people.
$30k is easy on some years but it started to get hard during the bear run, luckily we manage to acquire it this year (it was on April 11 to be exact) $30k is not the highest so it was not totally surprising to some of us. Bitcoin has no real value because it is too unstable. Any new price recorded to it will just drop again after some time but its instability is also the reason on why it can make new highs because people can invest in bigger volume once the price declines heavily. $100k is not the maximum value for bitcoin but this one looks hard to achieve because we haven't been close to it. All we got last bull run was only $69k. $30k gap is kinda big though.I don't think $100k is a hard target for bitcoin, we had the closest ATH of $69k and just over $30k to hit it, that's very easy. But everything takes time and process for us to get there, we can't expect bitcoin to hit $100k or more without any correction. If bitcoin grows vertically to $100k, it won't be in our favor if we don't have bitcoins in our wallet. So bitcoin's drop is a good thing when we have time to buy it. Bitcoin went from $3k to $69k during last season's bull cycle, so it shouldn't be too hard to hit $100k in the coming years.
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Sebas.tian
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May 17, 2023, 04:03:38 AM |
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Based on what is happening in the crypto market right now, showed that this year will be a great year to those that used their opportunities well by invested in a potential coins some years or months ago. I think, the price of Bitcoin will definitely increase higher this year 2023 to reach $80,000 for long term investors to believe that the price will definitely increase more next year to allow investors enjoy long incomes in the market. Since the price of Bitcoin is preparing to increase to $30,000 in this month of May, I think $100,000 is sure for investors to experience in 2024 which is the major target of some of the investors before they can sell.
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MiF
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May 17, 2023, 07:23:04 AM |
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65K Last year record price ever ! I think this year it might be full 100K Final bullrun for the coin. Well if we experience another bull season the price will maybe hit 100k$ because it will maybe hit another ATH and 65k$ is the price during the past bull run so there is a big possiblity that in next bull season we will saw btc at 100k$ even if not this year maybe soon or in year 2027.
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salad daging
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May 17, 2023, 06:20:27 PM |
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I don't think $100k is a hard target for bitcoin, we had the closest ATH of $69k and just over $30k to hit it, that's very easy. But everything takes time and process for us to get there, we can't expect bitcoin to hit $100k or more without any correction. If bitcoin grows vertically to $100k, it won't be in our favor if we don't have bitcoins in our wallet. So bitcoin's drop is a good thing when we have time to buy it. Bitcoin went from $3k to $69k during last season's bull cycle, so it shouldn't be too hard to hit $100k in the coming years.
Looks like it's not too difficult for bitcoin to hit the highest price again with 100k, we saw the previous ATH $69K if it increases 3x then it will be more than 100k I think bitcoin will be more through that challenge when the time comes to say bullrun but for now it is still very difficult to see because there have been several corrections which have resulted in the market becoming bear again. The bitcoin cycle is pretty good actually it's just that we never know what will come later, but I think the journey will be almost the same as the previous cycle of course this is how it factors in some other news that can positively affect the movement of bitcoin.
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dansus021
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May 18, 2023, 12:40:20 AM |
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I dont say this is impossible but if we look at the chart if we are going to 100K there is burden or lot of major resistance need to be destroyed including the previous All time high at 60K level. an we need more adoption and loose government rule I think to made this happen or some of big companies start to adopt cryptocurrency
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laurenB7742
Full Member
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Activity: 1302
Merit: 128
Vaccinized.. immunity level is full.
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May 18, 2023, 02:28:05 AM |
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-
- The bitcoin cycle is pretty good actually it's just that we never know what will come later, but I think the journey will be almost the same as the previous cycle of course this is how it factors in some other news that can positively affect the movement of bitcoin. Whether history repeats or not, everything is still a question mark. As investors, we need to be optimistic and should believe in what we have chosen, I am also optimistic that history will repeat itself in this cycle. But I wouldn't be surprised if there was a change and a new history was created. In case bitcoin doesn't generate new ATH after halving, then I wouldn't be surprised and still believe in bitcoin. The future of bitcoin depends on supply and demand, so as long as demand continues to grow, a new ATH will only be a matter of time.
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ilovealtcoins
Sr. Member
Offline
Activity: 1246
Merit: 263
SmartFi - EARN, LEND & TRADE
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May 18, 2023, 04:48:06 AM |
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Based on what is happening in the crypto market right now, showed that this year will be a great year to those that used their opportunities well by invested in a potential coins some years or months ago. I think, the price of Bitcoin will definitely increase higher this year 2023 to reach $80,000 for long term investors to believe that the price will definitely increase more next year to allow investors enjoy long incomes in the market. Since the price of Bitcoin is preparing to increase to $30,000 in this month of May, I think $100,000 is sure for investors to experience in 2024 which is the major target of some of the investors before they can sell.
I really don't know what you are talking about. Do you have any analysis for your statements, or are you just saying what you think? We are below $30k, and how do we get to $80k this year when the world economic situation is highly volatile, plus the block reward halving event will happen in just over a year? I predict this year, bitcoin will not be able to exceed 50k$, let alone new ATH.
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justdimin
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May 18, 2023, 06:03:15 AM |
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$30k is easy on some years but it started to get hard during the bear run, luckily we manage to acquire it this year (it was on April 11 to be exact) $30k is not the highest so it was not totally surprising to some of us. Bitcoin has no real value because it is too unstable.
Any new price recorded to it will just drop again after some time but its instability is also the reason on why it can make new highs because people can invest in bigger volume once the price declines heavily. $100k is not the maximum value for bitcoin but this one looks hard to achieve because we haven't been close to it. All we got last bull run was only $69k. $30k gap is kinda big though.
I think it will go back to that level easily, we are not far away and we all know how easy it is for bitcoin to go up when it is on a bull run, so if we go on a short run we can reach 30k back again very easily and it could happen within a week if markets start to go up. However, 100k is a long term projection and totally different because it has never been reached before, I do not think that it will ever happen and I believe that we are not going to see anything that will change anytime soon. I believe that the best thing to do would be making sure that bitcoin is on the right path and people do not panic when there is a small drop, it happens and it's a sell off period and we need to wait it out and then we can continue to go back up after that.
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Semar Mesem
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May 18, 2023, 07:45:45 AM |
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It will be a big thing if the bitcoin price can reach $100k, if the $100k price is reached then the marketcap can reach more than $1.6 billion and makes haters even more afraid of the bitcoin community, of course the $100k price can happen slowly because the current price is around $27k , and I think the $100k price tag is reasonable given that 2024 will be the halving which usually creates a spike in demand before the halving in June 2024.
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bitgolden
Legendary
Offline
Activity: 2800
Merit: 1128
Leading Crypto Sports Betting & Casino Platform
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May 18, 2023, 06:12:55 PM |
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I don't think $100k is a hard target for bitcoin, we had the closest ATH of $69k and just over $30k to hit it, that's very easy. But everything takes time and process for us to get there, we can't expect bitcoin to hit $100k or more without any correction. If bitcoin grows vertically to $100k, it won't be in our favor if we don't have bitcoins in our wallet. So bitcoin's drop is a good thing when we have time to buy it. Bitcoin went from $3k to $69k during last season's bull cycle, so it shouldn't be too hard to hit $100k in the coming years.
Looks like it's not too difficult for bitcoin to hit the highest price again with 100k, we saw the previous ATH $69K if it increases 3x then it will be more than 100k I think bitcoin will be more through that challenge when the time comes to say bullrun but for now it is still very difficult to see because there have been several corrections which have resulted in the market becoming bear again. The bitcoin cycle is pretty good actually it's just that we never know what will come later, but I think the journey will be almost the same as the previous cycle of course this is how it factors in some other news that can positively affect the movement of bitcoin. I do agree that reaching above ATH is not going to be that hard, people who think that it will be hard are people who are making a big deal out of their fear and they shouldn't do that, it's really not that difficult, I think it can be done and it will be done. Hopefully we are going to go towards a situation where it will be reaching to a point where it's going to take a while to achieve but it will get there. Think about how 69k must sound insane to people who saw only 1k as the biggest price back in the day, if we told those people it would go this high they would say we would be crazy, imagine going further back and telling it to people who only saw 1-5 dollars as their highest. So do not lose hope, and keep your heads up.
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skarais
Legendary
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Activity: 2478
Merit: 2096
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May 18, 2023, 06:35:58 PM |
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I dont say this is impossible but if we look at the chart if we are going to 100K there is burden or lot of major resistance need to be destroyed including the previous All time high at 60K level. an we need more adoption and loose government rule I think to made this happen or some of big companies start to adopt cryptocurrency [img]https://s3.tradingview.com/snapshots/h/hDjUJ1Hk.png[/img] It is certain that it will take a lot of support to break through the strong wall of resistance before bitcoin hits $100k. We can hope for it, of course, but without maximum support and some favorable government policies, then surely $100k is hard. I'm starting to see that there's a lot of optimism about the possibility of a new ATH in 2024, that makes sense. I'm not going to ignore it because there are important factors that will have a positive impact on the possibility. Halving is the first, but one or two other factors will support. I hope in the end the $100k will be real after the 2024 halving.
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Bitcoin_people
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May 19, 2023, 03:58:48 AM |
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The Bitcoin market began its market halving after a few years. We saw the Bitcoin market hit its all-time high in 2021 and then turn into a bear market in 2022 and 2023. So the market will remain at a stagnant level till 2024 hopefully and will start to grow thereafter. Various experts believe that the market will turn into a bull market again in 2024. There is a volatility in the market right now but it would be best to invest in this market. Investing now will certainly have the greatest potential for future gains when the market is in a bull market.
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Poker Player
Legendary
Offline
Activity: 1372
Merit: 2013
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May 19, 2023, 04:12:24 AM |
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I'm starting to see that there's a lot of optimism about the possibility of a new ATH in 2024, that makes sense.
There was much more optimism in 2021 and look what happened. Does this thread have any basis other than the garbage OP who seems to want to draw a mental line with the graph? The line on that chart can go on in an infinite number of ways, and I see no reason to think it will take us past $100K this year without providing other compelling arguments. In fact, most likely if we go by the data, we won't even pass $69K.
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Stavri
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May 19, 2023, 10:01:43 AM |
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Why not. considering halving on April 2024
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BobK71
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May 19, 2023, 01:47:52 PM |
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Price of bitcoin is very hard task to find out but as we see from the past that price has cross 30k$ in recent year so now its lower at some extent, this activity of price shows that anything can happen with the value of bitcoin and we are not sure about the real value in future. We have strong hopes that one day bitcoin will reach to 100k$ but we don't know and cannot predict the day or the year or enhancement to reach the value of 100k$. As we know that coming year will be a halving year so there is a possibility to reach the maximum price but lots of people will get the benefit so there is also a chances to go down after selling by most of the people.
$30k is easy on some years but it started to get hard during the bear run, luckily we manage to acquire it this year (it was on April 11 to be exact) $30k is not the highest so it was not totally surprising to some of us. Bitcoin has no real value because it is too unstable. Any new price recorded to it will just drop again after some time but its instability is also the reason on why it can make new highs because people can invest in bigger volume once the price declines heavily. $100k is not the maximum value for bitcoin but this one looks hard to achieve because we haven't been close to it. All we got last bull run was only $69k. $30k gap is kinda big though.I don't think $100k is a hard target for bitcoin, we had the closest ATH of $69k and just over $30k to hit it, that's very easy. But everything takes time and process for us to get there, we can't expect bitcoin to hit $100k or more without any correction. If bitcoin grows vertically to $100k, it won't be in our favor if we don't have bitcoins in our wallet. So bitcoin's drop is a good thing when we have time to buy it. Bitcoin went from $3k to $69k during last season's bull cycle, so it shouldn't be too hard to hit $100k in the coming years. Of course, if we do not have Bitcoin,then the price $100k or higher there won't have any benefit for us. So at first I would say that for those who are not collecting Bitcoin yet, it may be the perfect time and that time can be gone from that place. Bitcoin will move forward after a certain time, those who are planning long -term plans to keep up with this possibility will be successful at this stage. If it was possible to know when the price of bitcoin would rise then of course, big whales would have benefited. Bitcoin's Bearish Trend is a good message to many who understand it. Therefore, it is important to buy Bitcoin in accordance with the ability.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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DaNNy001
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May 19, 2023, 02:03:56 PM Merited by fillippone (1) |
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Price of bitcoin is very hard task to find out but as we see from the past that price has cross 30k$ in recent year so now its lower at some extent, this activity of price shows that anything can happen with the value of bitcoin and we are not sure about the real value in future. We have strong hopes that one day bitcoin will reach to 100k$ but we don't know and cannot predict the day or the year or enhancement to reach the value of 100k$. As we know that coming year will be a halving year so there is a possibility to reach the maximum price but lots of people will get the benefit so there is also a chances to go down after selling by most of the people.
$30k is easy on some years but it started to get hard during the bear run, luckily we manage to acquire it this year (it was on April 11 to be exact) $30k is not the highest so it was not totally surprising to some of us. Bitcoin has no real value because it is too unstable. Any new price recorded to it will just drop again after some time but its instability is also the reason on why it can make new highs because people can invest in bigger volume once the price declines heavily. $100k is not the maximum value for bitcoin but this one looks hard to achieve because we haven't been close to it. All we got last bull run was only $69k. $30k gap is kinda big though.I don't think $100k is a hard target for bitcoin, we had the closest ATH of $69k and just over $30k to hit it, that's very easy. But everything takes time and process for us to get there, we can't expect bitcoin to hit $100k or more without any correction. If bitcoin grows vertically to $100k, it won't be in our favor if we don't have bitcoins in our wallet. So bitcoin's drop is a good thing when we have time to buy it. Bitcoin went from $3k to $69k during last season's bull cycle, so it shouldn't be too hard to hit $100k in the coming years. Funny enough am also an evangelist who preaches and prays for the bitcoin market price to drop drastically because it will give more time to accumulate coins in my wallet, sometimes I had wish I was there during the early days and had such faith as of now about bitcoin price volatility by now I would have made sure my portfolio will be looking good but despite all that has happened am still very happy that I found out now because with patience I can still gather enough through DCA so unlike everyone am never in a hurry for the price to rise, I am very with the slow moving trend.
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skarais
Legendary
Offline
Activity: 2478
Merit: 2096
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May 19, 2023, 02:49:35 PM |
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The line on that chart can go on in an infinite number of ways, and I see no reason to think it will take us past $100K this year without providing other compelling arguments. In fact, most likely if we go by the data, we won't even pass $69K. I agree that there will be no ATH this year but there is a possibility in 2024 especially in 7-8 months after the halving. For this year it's hard to expect $60k and above, in fact I believe $50k alone seems too high to be true. Something could have influenced investors and bullishness happened, but when I look at the chart, of course it's hard to see the difference from the previous ATH cycle. I don't expect ATH to happen before the 2024 halving, even if it happen then it's really beyond expectations. ATH is believed to occur after the halving because it will greatly support the security of the bitcoin network after the block reward is halved, so it is reasonable to expect it in 2024 instead of this year.
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AnonBitCoiner
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May 19, 2023, 06:53:11 PM |
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2024 is far away now so it's very difficult to know the price in advance especially in a case of bitcoin so we are unable to evaluate the price. Bitcoin worth was 65k$ in 2021 but then in 2022 it become down so much so we cannot say that if the price is 30k$ now so next year it will must be greater than this because every year there is a different experience related to the price.
Market is really volatile so prediction does remains accurate always, there is a hope of higher price in 2024 but we don't know that what it will be? May be lower than 100k$ or can also be 100k$ but now its unpredictable in advance.
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