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Author Topic: Road to 100k?  (Read 15461 times)
btc78 (OP)
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March 11, 2024, 01:47:04 PM
 #1

We have seen Bitcoin reach 70k USD and it even reached a point of 71k briefly. We are seeing history being made right here with the new all time high being set once again and it is happening even before halving.

I have high expectations that bitcoin will reach 100k but will it reach 100k without any major decline in price? Does it seem realistic that from 70k, bitcoin will continuously rise up?

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March 11, 2024, 01:56:16 PM
 #2

We have seen Bitcoin reach 70k USD and it even reached a point of 71k briefly. We are seeing history being made right here with the new all time high being set once again and it is happening even before halving.
Bitcoin reaches $72350. It is now at $71490

I have high expectations that bitcoin will reach 100k but will it reach 100k without any major decline in price? Does it seem realistic that from 70k, bitcoin will continuously rise up?
Do not expect the price to just be going higher. You can see when it reached all-time-high, it fall to $59100. When it reached $70000, it fall to around $62000. The thing is just hold until it get to $100000 even if there is any decline, the increase will be more.

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March 11, 2024, 01:59:29 PM
 #3

It actually touched $72k as a new ATH just a few hours ago and suddenly dropped to $70k now it's recovering again.

$100k is too early I think we will see this price after the block halving not now maybe the next is going to break is $80k soon before the block halving.

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March 11, 2024, 02:02:21 PM
 #4

I have high expectations that bitcoin will reach 100k but will it reach 100k without any major decline in price? Does it seem realistic that from 70k, bitcoin will continuously rise up?

I really doubt that. There’s always traders that will take profit in every significant prices now that the current price is already the new ATH. This will be the real psychological battle since traders that still holds is watching the price carefully now for a possible market crash while those new traders that is just hype and FOMO are the that keeps buying on the current price.

It’s better to have a price correction every time Bitcoin will reach new record high rather than it will continue pumping then later on most of the trader sell off at the same time that will create panic and chain reaction. I don’t see the price will hit straight 100K but rather a volatile up and down then sideways to slowly print new ATH.

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March 11, 2024, 02:02:55 PM
 #5

We have seen Bitcoin reach 70k USD and it even reached a point of 71k briefly. We are seeing history being made right here with the new all time high being set once again and it is happening even before halving.

I have high expectations that bitcoin will reach 100k but will it reach 100k without any major decline in price? Does it seem realistic that from 70k, bitcoin will continuously rise up?
This is good news to see that the price of bitcoin has touched 72k,which shows that we might see 80k before the halving, and for that after the halving, the price of bitcoin can reach 100k this year. Bitcoin price does not just keep on pumping, and that is why there will always be the rise and fall of the price. Don't panic, but keep hodling because if the price will come down, it will not go down that much, and after that we will have a higher pump than the correction. The price needs to come down for it to go more higher. I will start selling at 100k in badges.

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March 11, 2024, 02:06:33 PM
Merited by JayJuanGee (1)
 #6

I have high expectations that bitcoin will reach 100k but will it reach 100k without any major decline in price? Does it seem realistic that from 70k, bitcoin will continuously rise up?
Major decline now will be considered as small decline in future. 10% of price when Bitcoin was $2,000 is only $200, when it was $20,000 is only $2,000 but at $70,000 a decrease of $2,000 will be only 2.9%. This percent can be considered as small dip, not major one.

People usually look at percent of correction, not at its value in $.

If Bitcoin price is $20,000 and it has a correction with $10,000, it is terrible 50% correction.
If Bitcoin price is $100,000 and it has a correction with $10,000, it is only 10% correction and people will less be panic with that correction.

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March 11, 2024, 02:13:31 PM
 #7

Well , I understand your excitement about bitcoin price rising so high and reaching a new ATH. However, it is still too early to target $100k. If you look at previous increases, resistance often occurs, and corrections from price increases also occur. So, it might be a little difficult to reach $100k in such a short time. However, I think this increase is slow but the potential is large. However, I also still hope to see a $100k price later this year or in 2025.

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March 11, 2024, 02:14:23 PM
 #8

We have seen Bitcoin reach 70k USD and it even reached a point of 71k briefly. We are seeing history being made right here with the new all time high being set once again and it is happening even before halving.

last weeks touchings of $68.5k-$69.9k in my view were not real new ATH breaks

however now seeing the $7#k numbers is breaking of previous ATH(2021), breaks the pattern where new ATH didnt happen in halving years
so we are no longer in old patterns where new ATH happen a year after halvings..

that said with all ATH, the price can correct.. before next year.. where by after a correction this year, next year could again see a pattern of proper really high ATH
rather than this edging above last ATH..

.
but due to pattern breaking we are in a truly no-one-knows land.. with:
.halving soon approaching, the current ATH of $7#k could sustain marginally and stagnate in the $7#k's for a year before next year jumps
.with officially breaking a new ATH prices can correct down thus attempting to stay in pattern with a marginal slip up due to ETF demand
..with etf demand ongoing we could see bigger rises before halving, before year end above $7#k's.

truly a no-one-knows period.. no pattern to follow to even make predictions this cycle

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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March 11, 2024, 02:56:01 PM
 #9

It is quite obvious that BTC is about to or should I say in the process of getting pumped to $100k price range since it has surpassed its all-time high (ATH) of $70k and crossed to about $71k for the first time ever and this happened during the Asian trading hours on Monday according to my findings.
All the changes ongoing around BTC, mostly as it regards the approval of the spot BTC ETF is one of the contributory reasons for the surge in the price of BTC now.
According to crypto Rover who happens to be a good BTC enthusiast, BTC will get to the predicted 1.618 Fibonacci extension, which is estimated to be around $102,134, within a span of 21 days and up to $120k before the halving event.

Read more at https://u.today/bitcoin-btc-to-hit-100k-in-21-days-predicts-top-analyst

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March 11, 2024, 03:03:24 PM
 #10

It actually touched $72k as a new ATH just a few hours ago and suddenly dropped to $70k now it's recovering again.

$100k is too early I think we will see this price after the block halving not now maybe the next is going to break is $80k soon before the block halving.

Bitcoin price pump is really gaining momentum before the halving, very few people predicted that this much pump will happen in this period, so I won't be too surprised if I see it reach $100k, but I'll just be modest and predict it to reach atleast $80k before the halving. But if we're talking about the peak price in this bull run, I'll take my chances and predict it to reach all the way to $200k, the ETF and increased awareness and adoption of Bitcoin, can make this happen.











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March 11, 2024, 03:05:16 PM
Merited by JayJuanGee (1)
 #11

We have seen Bitcoin reach 70k USD and it even reached a point of 71k briefly. We are seeing history being made right here with the new all time high being set once again and it is happening even before halving.
Bitcoin reaches $72350. It is now at $71490

I have high expectations that bitcoin will reach 100k but will it reach 100k without any major decline in price? Does it seem realistic that from 70k, bitcoin will continuously rise up?
Do not expect the price to just be going higher. You can see when it reached all-time-high, it fall to $59100. When it reached $70000, it fall to around $62000. The thing is just hold until it get to $100000 even if there is any decline, the increase will be more.
This is the usual price movement pattern in bitcoin all through history,  when bitcoin reaches it all time high,  it will drop back significantly,  but what make Bitcoin all time high different this time os in the new trend that bitcoin is holding on to,  as in Bitcoin resistant level is so high that when it did the 72k ATH,  it fall back but not down below 70k which Bitcoin recover back quickly which indicates alot of buying pressure,  and also a tendency of continues up trend movement.

Just as a few other members have mentioned,  Bitcoin building up to 100k may not be speedy,  but that is where the price is heading to right now and for that, we may have to acknowledge the fact that,  even though there may be instances where the price may decline down a bit,  but achieving 100k on the long run is what we are close to at the moment and 100k may become the new all-time high.

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March 11, 2024, 03:22:04 PM
 #12

Bitcoin price pump is really gaining momentum before the halving, very few people predicted that this much pump will happen in this period, so I won't be too surprised if I see it reach $100k, but I'll just be modest and predict it to reach atleast $80k before the halving. But if we're talking about the peak price in this bull run, I'll take my chances and predict it to reach all the way to $200k, the ETF and increased awareness and adoption of Bitcoin, can make this happen.

$100k is possible but I don't think it would reach $200k even if there is increased awareness, visibility, and adoption of Bitcoin $200k is still impossible maybe after 5 years after another block halving there is a possibility it could reach $200k but right now around $100k is what I think possible after this event.

Just think of the price of Bitcoin with every block halving historically how it actually increase every time the block reward is half? Start on the 2017 ATH  to 2021 ATH as you can see it is more than 100% but not 200% or 300% so in my own prediction the possible price that bitcoin will be this year is around $150k.

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March 11, 2024, 03:36:38 PM
 #13

We have seen Bitcoin reach 70k USD and it even reached a point of 71k briefly. We are seeing history being made right here with the new all time high being set once again and it is happening even before halving.

I have high expectations that bitcoin will reach 100k but will it reach 100k without any major decline in price? Does it seem realistic that from 70k, bitcoin will continuously rise up?

Well, in the few bull runs I've seen, Bitcoin is always like that—the one that always shows things to all the communities in this field of industry that will surprise most people. And another proof that the market is really unpredictable. No one thought that Bitcoin would immediately break the previous ATH so early that the bitcoin halving had not yet happened.

Though everyone knows that Bitcoin will surpass the previous one, it is not this early, right? But now, many expect that Bitcoin can reach more than 100k after halving for sure, and we don't know how far it will rise in the future.

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March 11, 2024, 03:37:05 PM
 #14

We have seen Bitcoin reach 70k USD and it even reached a point of 71k briefly. We are seeing history being made right here with the new all time high being set once again and it is happening even before halving.

I have high expectations that bitcoin will reach 100k but will it reach 100k without any major decline in price? Does it seem realistic that from 70k, bitcoin will continuously rise up?
it is very difficult to predict what will happen next. Of course, there will still be price corrections; this is the rule of any growth. There is still time before the halving and we are already seeing increased interest in the media, which could potentially add new investors; everything is very reminiscent of the 2017 scenario, only now investors are choosing proven projects which have proven themselves and have stood the test of time.
It looks very likely that we will be approaching 100 thousand if nothing very negative happens on the market, for example, a hacking of a large exchange or something like that.

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March 11, 2024, 03:52:24 PM
 #15

We have seen Bitcoin reach 70k USD and it even reached a point of 71k briefly. We are seeing history being made right here with the new all time high being set once again and it is happening even before halving.

I have high expectations that bitcoin will reach 100k but will it reach 100k without any major decline in price? Does it seem realistic that from 70k, bitcoin will continuously rise up?
It seems to me that the price of Bitcoin continues to rise. The price of Bitcoin surprised everyone by touching $70,000. Just like today Bitcoin touched $72,661 and set a new ATH record in Bitcoin history.Who knew Bitcoin would rise this much? We saw Bitcoin crash quite a bit a few days ago when its price dropped from $68k to $63k.

We may not be able to accurately predict the crypto currency market but we can predict that Bitcoin price may touch 100k dollars very soon. For as long as I've been involved with cryptocurrencies I've never seen the price of Bitcoin change as quickly as it did this year. Maybe it's Bitcoin's heyday for everyone.

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March 11, 2024, 04:00:12 PM
 #16

I believe a lot of people would realize their gains in the $75k to $80k mark, it's because it's appealing to have that kind of profit at that level and maybe of course, a lot of people have their buy levels ready as well so it would just make the market. It will not be a straight line above but it would reach higher and then $100k and beyond.

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March 11, 2024, 04:04:13 PM
 #17

Well, in the few bull runs I've seen, Bitcoin is always like that—the one that always shows things to all the communities in this field of industry that will surprise most people. And another proof that the market is really unpredictable. No one thought that Bitcoin would immediately break the previous ATH so early that the bitcoin halving had not yet happened.

Though everyone knows that Bitcoin will surpass the previous one, it is not this early, right? But now, many expect that Bitcoin can reach more than 100k after halving for sure, and we don't know how far it will rise in the future.

I am surprised as well that we now surpassed the previous recorded ATH of bitcoin. Well, this is good news, right? People are feeling bullish and positive sentiments is being seen in this market. This can attract more users, and it means, more demand of this currency. Hence, further increasing its price later on as we have fixed supply on this.

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March 11, 2024, 04:08:03 PM
 #18

Right now Bitcoins can go in any direction. Nothing can be predicted accurately. Many are saying Bitcoins might fall from now on, while many great traders have already predicted that 100k is the next target for the coins. As a trader if we want to get maximum profit then it’s better to accumulate the Bitcoins irrespective of the price. 100k is very close. So if we currently buy at 70k usd also, then definitely we can make 1.5x the profit. We just need to show trust in the coin.

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March 11, 2024, 04:15:41 PM
 #19

It's not that simple for Bitcoin to reach 100,000$ level in this short period as it won't also be a healthy bullish run, as we observe every time the price goes up very quick to some level anyone can observe in market chart, the price falls down quickly just as it went up.
The reason behind this in my opinion is people like tl take profit on every chance they get. Preferably, we continue to see the market on a slow healthy bullish run during a long period as it happened now from 20,000$ to this level we are now around 70,000$, this period of time you should only hold and believe in bitcoin, personally, I am very sure bitcoin will reach higher levels and beyond but it's a matter of time and being patient enough to take more profit.

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March 11, 2024, 05:25:31 PM
 #20

Bitcoin price has been relatively dynamic for a few days now. Currently, the price of Bitcoin has surpassed its all-time high. Now Bitcoin price is at 72000$. Which is currently more than all the records of Bitcoin. Bitcoin has an ATH. It seems natural for it to cross $100,000, with the halving still about 40 days away. But before that, we can see that the price of Bitcoin is currently at its best. But it is expected that within a few days it may be able to cross 100k $. But now it will be a little difficult to tell if Bitcoin will move from dynamic to stable. But since it's the time before the halving, we're more likely to expect this.

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