Road to 100k?

[Mahanton]

In Bitcoin I think it's easy, just invest in the long term with a large amount then it is very likely that you will get a big profit, I think we can make it simpler and of course knowledge is also important but I don't imagine that it is more needed than trust in investing in Bitcoin.

I don't know how to you got the idea of investing in Bitcoin with a large amount of money and expect huge profits because you sound like someone who will scare away beginners and people who has little amount to start with because they will feel that investing in Bitcoin requires huge amount of money which is not true, anyone can start making investments with a disposable income they have and not necessarily a huge amount of money.

And for the way we will do it I think everyone will have a different path for the same goal, for example a strategy to collect Bitcoin or choose the right time to enter/buy Bitcoin.

I don't really understand what you are saying here but definitely everyone has different investments targets so it depends what and how each individuals want to go about their investments and the strategy they find suitable for them.

Yeah, knowing and understanding the right strategy and method that suits your investment is really important and that's why many people be it newbie or even veterans in investment failed at some point in seeing that their Bitcoin investment becomes successful. There are so many things that could go wrong if the investor doesn't know or choose to follow the wrong advice just as this person is portraying right here and it's important we guide and correct this. DCA method is actually the best and most convenient method as it's involves less to do other than just dividing your income and using the part that you can actually spare to continually buy Bitcoin and also it's important too to have a tangible job at that because as an investor there are certain criteria that you must be ready for like keeping up extra funds for some uncertain events that won't warrant you messing with your investment like emergency funds and etc.

It would really be just that a normal approach on where on the time that people would really be making out some investment then it would really always having the chance or tendency of losing despite of being that knowledgeable or experienced but still it wont really be giving out an assurance that you could really be able to make profit anytime. This is why it would really be better that you should really be that knowing on how
you would really be that reacting on dealing up with this space. You cant really just that make yourself having that kind of thinking on which we know that when it comes to this aspect then everything wouldnt really be known and this is why on the time or moment that you do find yourself having that kind of condition then it does simply give out that kind of realization.

Road to 100k? This isnt a smooth sail ride on which even if we do able to reach out those new all time highs before that halving event happens but it didnt shoot up into that level.
Although seeing those numbers arent that bad either but as talking about corrections then the market would really be that having it no matter what.
100k is inevitable as we do all know. We arent that still on a bull run yet on which chances this could happen is really that not hard to reach out. time would only tell on such thing as this.

[aylabadia05]

<snip>

Road to 100k? This isnt a smooth sail ride on which even if we do able to reach out those new all time highs before that halving event happens but it didnt shoot up into that level.
Although seeing those numbers arent that bad either but as talking about corrections then the market would really be that having it no matter what.
100k is inevitable as we do all know. We arent that still on a bull run yet on which chances this could happen is really that not hard to reach out. time would only tell on such thing as this.

Cutting interest rates will likely have a positive impact on the growth of the bitcoin market. Towards September, the price of bitcoin began to show a recovery reaction where in the last 24 hours the price had risen by almost 6%. Bitcoin is trading at $63,600 as I write, but stronger resistance is still very likely to be broken in the remainder of August.

Bitcoin needs to break the $65k resistance before $70k is broken, but this will definitely take time and patience. The potential for a decline due to Bitcoin's failure to penetrate the resistance area is definitely there, but let's hope the price can stay above $63k today.

[SOKO-DEKE]

Wasn't expecting the price of Bitcoin to get back up to $60k too fast in this very month, was expecting to see it still at $55k to $58k and it has been like that ($60k) for sometime now and with this movement in the market price I believe $65k might be the last stop before we end this month, because I some how feel it will get past $65k then later fall back to $65k. Those who feels this isn't the right time to accumulate is making a mistake, they should start now and wait for Bitcoin price to start making a positive move because September is going to be a lot more better than this very month in terms of how high the price will be. Starting with the little you have now can be productive in few weeks to come, is best to do the needful and standby.

It is always hard to predict Bitcoin's price. Sometimes, some people will get it right based on their assumptions and relate it to what has happened in the past, but a lot always get it wrong. Even those who do get it right sometimes are just lucky. So, if anyone wants to invest, they should just invest and stop predicting the Bitcoin market because it is highly likely they will get it wrong. The best approach is to use the DCA (Dollar Cost Averaging) method by buying at regular intervals, either monthly or weekly. With this method, it is very likely that some will buy at different prices, but timing the market can actually be a wrong decision.

I know that with the way Bitcoin price is fluctuating recently, many will try to time the market, but they will be surprised when Bitcoin starts pumping again, and it may never return to this current price. If anyone wants to invest, it would be better to start now. There is no "bad" time for accumulating Bitcoin. Once someone can hold Bitcoin for a long period, they will likely make a reasonable profit.

[Sexylizzy2813]

Wasn't expecting the price of Bitcoin to get back up to $60k too fast in this very month, was expecting to see it still at $55k to $58k and it has been like that ($60k) for sometime now and with this movement in the market price I believe $65k might be the last stop before we end this month, because I some how feel it will get past $65k then later fall back to $65k. Those who feels this isn't the right time to accumulate is making a mistake, they should start now and wait for Bitcoin price to start making a positive move because September is going to be a lot more better than this very month in terms of how high the price will be. Starting with the little you have now can be productive in few weeks to come, is best to do the needful and standby.

It is always hard to predict Bitcoin's price. Sometimes, some people will get it right based on their assumptions and relate it to what has happened in the past, but a lot always get it wrong. Even those who do get it right sometimes are just lucky. So, if anyone wants to invest, they should just invest and stop predicting the Bitcoin market because it is highly likely they will get it wrong. The best approach is to use the DCA (Dollar Cost Averaging) method by buying at regular intervals, either monthly or weekly. With this method, it is very likely that some will buy at different prices, but timing the market can actually be a wrong decision.

I know that with the way Bitcoin price is fluctuating recently, many will try to time the market, but they will be surprised when Bitcoin starts pumping again, and it may never return to this current price. If anyone wants to invest, it would be better to start now. There is no "bad" time for accumulating Bitcoin. Once someone can hold Bitcoin for a long period, they will likely make a reasonable profit.

Is true, I believe when we rely on prediction is like we know too much, like we want to play smart but we only have a high percentage of being on the wrong side and the market movement can never be gotten that easy, sometimes is the fear of losing that makes us wait for the price to be in our favor. Using the DCA method to buy at the regular interval, don't you think some might see it as they're being cheated depending on the amount it is being sold, since is not a specific amount? I still think some delay while they have the fund to invest is as a result of fear of losing which is normal, nobody wants to losing and now that the price is gradually going up some will regret why they didn't buy when it was low.

[Cryptoprincess101]

Road to 100k? This isnt a smooth sail ride on which even if we do able to reach out those new all time highs before that halving event happens but it didnt shoot up into that level.
Although seeing those numbers arent that bad either but as talking about corrections then the market would really be that having it no matter what.
100k is inevitable as we do all know. We arent that still on a bull run yet on which chances this could happen is really that not hard to reach out. time would only tell on such thing as this.

We will surely get to $100k but that should not be our concern, we instead make more accumulations now before the price hits $100k even though the price may not hit $100k any time soon due to the corrections in the market but we have to be hopeful that it must surely reach $100k either before the year ends or by next year 2025 so we should understand that everything is just based on speculations because we do not know the direction it will choose to go by either skyrocketing or DIPPING.

[wmaurik]

Cutting interest rates will likely have a positive impact on the growth of the bitcoin market. Towards September, the price of bitcoin began to show a recovery reaction where in the last 24 hours the price had risen by almost 6%. Bitcoin is trading at $63,600 as I write, but stronger resistance is still very likely to be broken in the remainder of August.

Bitcoin needs to break the $65k resistance before $70k is broken, but this will definitely take time and patience. The potential for a decline due to Bitcoin's failure to penetrate the resistance area is definitely there, but let's hope the price can stay above $63k today.

Yesterday Bitcoin almost broke through the $65K level again and now the price is not too far from that level so my confidence in seeing the price of $70K on Bitcoin again before September is starting to rise again at the end of this month because it won't be long until we all enter September and Bitcoin is starting to rise again quite well from now on. I also had an assumption that the interest rate cut by the FED could have a fairly good impact on the market including the Bitcoin market which in particular could happen this year.

[mumang siat]

Yeah, knowing and understanding the right strategy and method that suits your investment is really important and that's why many people be it newbie or even veterans in investment failed at some point in seeing that their Bitcoin investment becomes successful. There are so many things that could go wrong if the investor doesn't know or choose to follow the wrong advice just as this person is portraying right here and it's important we guide and correct this. DCA method is actually the best and most convenient method as it's involves less to do other than just dividing your income and using the part that you can actually spare to continually buy Bitcoin and also it's important too to have a tangible job at that because as an investor there are certain criteria that you must be ready for like keeping up extra funds for some uncertain events that won't warrant you messing with your investment like emergency funds and etc.

 It takes good skills and knowledge to become a wise Investor. The right strategies and techniques tend to bring perfect results and this includes the application of an Investor in measuring their techniques or strategies in seeing market movements, DCA is a very effective technique in terms of Investment especially we say Bitcoin asset Investment, but many new users do not understand this old strategy.

[Tmoonz]

Yeah, knowing and understanding the right strategy and method that suits your investment is really important and that's why many people be it newbie or even veterans in investment failed at some point in seeing that their Bitcoin investment becomes successful. There are so many things that could go wrong if the investor doesn't know or choose to follow the wrong advice just as this person is portraying right here and it's important we guide and correct this. DCA method is actually the best and most convenient method as it's involves less to do other than just dividing your income and using the part that you can actually spare to continually buy Bitcoin and also it's important too to have a tangible job at that because as an investor there are certain criteria that you must be ready for like keeping up extra funds for some uncertain events that won't warrant you messing with your investment like emergency funds and etc.

 It takes good skills and knowledge to become a wise Investor. The right strategies and techniques tend to bring perfect results and this includes the application of an Investor in measuring their techniques or strategies in seeing market movements, DCA is a very effective technique in terms of Investment especially we say Bitcoin asset Investment, but many new users do not understand this old strategy.

Talking about or emphasizing much about good skills and knowledge in terms of your Bitcoin investment can possibly make a newbie delaying starting their investments process since they might be thinking that it requires much of the knowledge and skills before starting up their investments whereas they can get fucking started and figure out other things on their way up, irrespective of your strategy or techniques one can actually enter challenges along the line hence their no point talking about perfection as to this regards, the  most important thing is that we should be able to correct mistakes if peradventure we encountered them in our accumulation process.

[Ruttoshi]

Yeah, knowing and understanding the right strategy and method that suits your investment is really important and that's why many people be it newbie or even veterans in investment failed at some point in seeing that their Bitcoin investment becomes successful. There are so many things that could go wrong if the investor doesn't know or choose to follow the wrong advice just as this person is portraying right here and it's important we guide and correct this. DCA method is actually the best and most convenient method as it's involves less to do other than just dividing your income and using the part that you can actually spare to continually buy Bitcoin and also it's important too to have a tangible job at that because as an investor there are certain criteria that you must be ready for like keeping up extra funds for some uncertain events that won't warrant you messing with your investment like emergency funds and etc.

 It takes good skills and knowledge to become a wise Investor. The right strategies and techniques tend to bring perfect results and this includes the application of an Investor in measuring their techniques or strategies in seeing market movements, DCA is a very effective technique in terms of Investment especially we say Bitcoin asset Investment, but many new users do not understand this old strategy.

You are contradicting yourself by saying that bitcoin investment needs good skills and knowledge, whereas you said that DCA is the best strategy to use in bitcoin accumulation. DCA strategy does not need any high level of skill or knowledge but only for you to figure out how much of your discretionary income that you can use to buy bitcoin every week regularly that will not affect your monthly expenses.

I don't see that as something that needs much skills to do or require much knowledge because you are the one to figure that out yourself. A person who is already use to saving money in the bank will find it very easy to use an amount that will not affect him to buy bitcoin always so that he can continue his buying process without stopping till he reaches his bitcoin target. If a new investor has the basic knowledge of bitcoin and the money to buy bitcoin and keep his DCA ongoing overtime should get started immediately to avoid waste of time.

[rachael9385]

Yeah, knowing and understanding the right strategy and method that suits your investment is really important and that's why many people be it newbie or even veterans in investment failed at some point in seeing that their Bitcoin investment becomes successful. There are so many things that could go wrong if the investor doesn't know or choose to follow the wrong advice just as this person is portraying right here and it's important we guide and correct this. DCA method is actually the best and most convenient method as it's involves less to do other than just dividing your income and using the part that you can actually spare to continually buy Bitcoin and also it's important too to have a tangible job at that because as an investor there are certain criteria that you must be ready for like keeping up extra funds for some uncertain events that won't warrant you messing with your investment like emergency funds and etc.

 It takes good skills and knowledge to become a wise Investor. The right strategies and techniques tend to bring perfect results and this includes the application of an Investor in measuring their techniques or strategies in seeing market movements, DCA is a very effective technique in terms of Investment especially we say Bitcoin asset Investment, but many new users do not understand this old strategy.

You don't need any skills to invest on Bitcoin because you are not trading it. It's only on trading that you might need something like skills to trade. When you are investing on Bitcoin with DCA method the only wise decisions you need is either to use Dollar Cost Average (DCA) method, lump sum or buy during the DIP.  But I don't actually like waiting for DIP because Bitcoin doesn't dip all the time. That is why it's better to use DCA method to keep accumulating Bitcoin gradually until Bitcoin dips then you can buy enough Bitcoin at a time, and when it starts increasing you continue DCAing.

[Asiska02]

Road to 100k? This isnt a smooth sail ride on which even if we do able to reach out those new all time highs before that halving event happens but it didnt shoot up into that level.
Although seeing those numbers arent that bad either but as talking about corrections then the market would really be that having it no matter what.
100k is inevitable as we do all know. We arent that still on a bull run yet on which chances this could happen is really that not hard to reach out. time would only tell on such thing as this.

We will surely get to $100k but that should not be our concern, we instead make more accumulations now before the price hits $100k even though the price may not hit $100k any time soon due to the corrections in the market but we have to be hopeful that it must surely reach $100k either before the year ends or by next year 2025 so we should understand that everything is just based on speculations because we do not know the direction it will choose to go by either skyrocketing or DIPPING.

The direction of bitcoin is not known by anyone, whether it’ll be profitable in the future or not, either if you hold for long you’ll get some profits out of it later. What is more important is that conviction that you need in order to make you think of it positively. Past experience have happened and bitcoin has been profitable for all holders from inception till now, but is that enough to make one continue believing in it or not for the future remains with the holder of the coin. Past analysis is okay to give you a conviction and trust in the process of making profit from bitcoin investment. The thought of not knowing the profitability of it and also not knowing the next move of bitcoin and just basing your conviction of past experiences makes it intriguing more to hold for the long term. $100K is certain to all of us but when and how is it going to happen remains a mystery to all of us but we keep holding.

[Mr Reporter]

Yeah, knowing and understanding the right strategy and method that suits your investment is really important and that's why many people be it newbie or even veterans in investment failed at some point in seeing that their Bitcoin investment becomes successful. There are so many things that could go wrong if the investor doesn't know or choose to follow the wrong advice just as this person is portraying right here and it's important we guide and correct this. DCA method is actually the best and most convenient method as it's involves less to do other than just dividing your income and using the part that you can actually spare to continually buy Bitcoin and also it's important too to have a tangible job at that because as an investor there are certain criteria that you must be ready for like keeping up extra funds for some uncertain events that won't warrant you messing with your investment like emergency funds and etc.

It takes good skills and knowledge to become a wise Investor. The right strategies and techniques tend to bring perfect results and this includes the application of an Investor in measuring their techniques or strategies in seeing market movements, DCA is a very effective technique in terms of Investment especially we say Bitcoin asset Investment, but many new users do not understand this old strategy.

Well to me I gust this two are not that important in the term of bitcoin accumulation, just like what everybody are saying the best strategic to use in the term of accumulation is the DCA and remember you are in the trading terms also it just that you hodling so I likely said that using some techniques just as you have said is not that needed in terms of the buying process.

[Xcode7]

The direction of bitcoin is not known by anyone, whether it’ll be profitable in the future or not, either if you hold for long you’ll get some profits out of it later. What is more important is that conviction that you need in order to make you think of it positively. Past experience have happened and bitcoin has been profitable for all holders from inception till now, but is that enough to make one continue believing in it or not for the future remains with the holder of the coin. Past analysis is okay to give you a conviction and trust in the process of making profit from bitcoin investment. The thought of not knowing the profitability of it and also not knowing the next move of bitcoin and just basing your conviction of past experiences makes it intriguing more to hold for the long term. $100K is certain to all of us but when and how is it going to happen remains a mystery to all of us but we keep holding.

From what has happened in the past, it creates great confidence to look to the future of Bitcoin prices and that confidence must be grown because it is quite important to avoid unwanted things such as panic when Bitcoin prices fall, so I think for those who plan to hold Bitcoin and hold it for a long time, they must prepare a strong mentality when they see market prices moving quite quickly.
No one doubts Bitcoin will reach $ 100K, and it is true that we all do not know for sure when it will happen, but for some people also have confidence in the price of $ 100K after seeing the current price movement and what happened in the past, I am quite optimistic that it will happen in the near future.

[SuperBitMan]

Yeah, knowing and understanding the right strategy and method that suits your investment is really important and that's why many people be it newbie or even veterans in investment failed at some point in seeing that their Bitcoin investment becomes successful. There are so many things that could go wrong if the investor doesn't know or choose to follow the wrong advice just as this person is portraying right here and it's important we guide and correct this. DCA method is actually the best and most convenient method as it's involves less to do other than just dividing your income and using the part that you can actually spare to continually buy Bitcoin and also it's important too to have a tangible job at that because as an investor there are certain criteria that you must be ready for like keeping up extra funds for some uncertain events that won't warrant you messing with your investment like emergency funds and etc.

 It takes good skills and knowledge to become a wise Investor. The right strategies and techniques tend to bring perfect results and this includes the application of an Investor in measuring their techniques or strategies in seeing market movements, DCA is a very effective technique in terms of Investment especially we say Bitcoin asset Investment, but many new users do not understand this old strategy.

You don't need any skills to invest on Bitcoin because you are not trading it. It's only on trading that you might need something like skills to trade. When you are investing on Bitcoin with DCA method the only wise decisions you need is either to use Dollar Cost Average (DCA) method, lump sum or buy during the DIP.  But I don't actually like waiting for DIP because Bitcoin doesn't dip all the time. That is why it's better to use DCA method to keep accumulating Bitcoin gradually until Bitcoin dips then you can buy enough Bitcoin at a time, and when it starts increasing you continue DCAing.

Yeah it is true that one don't need a basic skill to start his or her Bitcoin investment journey, however it is also very necessary to tell the newbies that they also need to know the basic things about Bitcoin before starting.
Some newbie's we see you people's write up and feel there's nothing needed at all to go into Bitcoin investment which is not true you need to have the basic knowledge in Bitcoin before starting your investment and going through the history of Bitcoin and it's growth will be of a very big help, when you know the history of Bitcoin and it's growth as a newbie it will help you to know that dip is part of Bitcoin and when ever there's a dip is not a time to panic but a time to accumulate more Bitcoin.

[sotelorene]

Yeah, knowing and understanding the right strategy and method that suits your investment is really important and that's why many people be it newbie or even veterans in investment failed at some point in seeing that their Bitcoin investment becomes successful. There are so many things that could go wrong if the investor doesn't know or choose to follow the wrong advice just as this person is portraying right here and it's important we guide and correct this. DCA method is actually the best and most convenient method as it's involves less to do other than just dividing your income and using the part that you can actually spare to continually buy Bitcoin and also it's important too to have a tangible job at that because as an investor there are certain criteria that you must be ready for like keeping up extra funds for some uncertain events that won't warrant you messing with your investment like emergency funds and etc.

 It takes good skills and knowledge to become a wise Investor. The right strategies and techniques tend to bring perfect results and this includes the application of an Investor in measuring their techniques or strategies in seeing market movements, DCA is a very effective technique in terms of Investment especially we say Bitcoin asset Investment, but many new users do not understand this old strategy.

In Bitcoin investment we have only three strategy which are; lump sum or lump summing, buy Dip and DCA(dollar cost average), I list them here because you are sounding like a trader when you mentioned that strategies and techniques because in Bitcoin investment we don't need techniques or strategies to measure anything or check the market movement these you mentioned are what traders uses to make profit not investors. Investors are concerned on accumulating and holding Bitcoin for a period of time and hoping to see their investment do great in the future and again it doesn't take good skill and knowledge to become a wise investor but rather it takes understanding, discipline and patient to become a great investor and I will suggest you don't use the word wise investor because everyone is wise in their own way(s).

[Barikui1]

Yeah, knowing and understanding the right strategy and method that suits your investment is really important and that's why many people be it newbie or even veterans in investment failed at some point in seeing that their Bitcoin investment becomes successful. There are so many things that could go wrong if the investor doesn't know or choose to follow the wrong advice just as this person is portraying right here and it's important we guide and correct this. DCA method is actually the best and most convenient method as it's involves less to do other than just dividing your income and using the part that you can actually spare to continually buy Bitcoin and also it's important too to have a tangible job at that because as an investor there are certain criteria that you must be ready for like keeping up extra funds for some uncertain events that won't warrant you messing with your investment like emergency funds and etc.

 It takes good skills and knowledge to become a wise Investor. The right strategies and techniques tend to bring perfect results and this includes the application of an Investor in measuring their techniques or strategies in seeing market movements, DCA is a very effective technique in terms of Investment especially we say Bitcoin asset Investment, but many new users do not understand this old strategy.

You don't need any skills to invest on Bitcoin because you are not trading it. It's only on trading that you might need something like skills to trade. When you are investing on Bitcoin with DCA method the only wise decisions you need is either to use Dollar Cost Average (DCA) method, lump sum or buy during the DIP.  But I don't actually like waiting for DIP because Bitcoin doesn't dip all the time. That is why it's better to use DCA method to keep accumulating Bitcoin gradually until Bitcoin dips then you can buy enough Bitcoin at a time, and when it starts increasing you continue DCAing.

Yea, you are very much correct on this bro, you don't actually need any skill to start your Bitcoin accumulation journey, all what you need is the basic knowledge on how to invest in Bitcoin through the DCA accumulating strategy, then along the line, you might seek more knowledge on Bitcoin and how to hold successfully, then as for the dip, to me, it's just an opportunity that always present itself in the market for Bitcoin investors to utilize, so it's not ideal to wait for the dip before you start investing in Bitcoin, the best thing to do is what you have said already, which is buying and accumulating Bitcoin through the DCA accumulating strategy, then if their is a major dip in the market, you might decide seize the opportunity and  buy aggressively during that period, only if you have the financial leverage to do so.

[adultcrypto]

Cutting interest rates will likely have a positive impact on the growth of the bitcoin market. Towards September, the price of bitcoin began to show a recovery reaction where in the last 24 hours the price had risen by almost 6%. Bitcoin is trading at $63,600 as I write, but stronger resistance is still very likely to be broken in the remainder of August.

Bitcoin needs to break the $65k resistance before $70k is broken, but this will definitely take time and patience. The potential for a decline due to Bitcoin's failure to penetrate the resistance area is definitely there, but let's hope the price can stay above $63k today.

Yesterday Bitcoin almost broke through the $65K level again and now the price is not too far from that level so my confidence in seeing the price of $70K on Bitcoin again before September is starting to rise again at the end of this month because it won't be long until we all enter September and Bitcoin is starting to rise again quite well from now on. I also had an assumption that the interest rate cut by the FED could have a fairly good impact on the market including the Bitcoin market which in particular could happen this year.

From the end of this month onward, it will only get better for bitcoin because of the time and season. I want to believe that the era of deep corrections are over, although I'm still opened for anything because I'm still at the accumulation phase of my Bitcoin portfolio and I have no intentions to sell even if prices reaches the 100k short term target. I guess many people are also thinking in this direction because the awareness about the beauty of long term hold has gotten deeper penetration than ever.

I still have the confidence that this market cycle will shatter that 100k, although the US election will have a huge impact on this because as it stands, some candidates are seen as pro Bitcoin while some are seen as against Bitcoin. So, whatever the outcome of the election is will have direct impact on how the market responds and where we will seen price before the end of the year.

[Iamgoat]

Road to 100k? This isnt a smooth sail ride on which even if we do able to reach out those new all time highs before that halving event happens but it didnt shoot up into that level.
Although seeing those numbers arent that bad either but as talking about corrections then the market would really be that having it no matter what.
100k is inevitable as we do all know. We arent that still on a bull run yet on which chances this could happen is really that not hard to reach out. time would only tell on such thing as this.

Quite optimistic about Bitcoin attaining such landmark rise in worth, but I do not think it will stay long before it falls again. For how long it will be on 100k before it falls back again is what I cannot ascertain but I'm pretty sure it won't stay there for long no matter how the bull run season favors the uptrend of the market.

[Zanab247]

Cutting interest rates will likely have a positive impact on the growth of the bitcoin market. Towards September, the price of bitcoin began to show a recovery reaction where in the last 24 hours the price had risen by almost 6%. Bitcoin is trading at $63,600 as I write, but stronger resistance is still very likely to be broken in the remainder of August.

Bitcoin needs to break the $65k resistance before $70k is broken, but this will definitely take time and patience. The potential for a decline due to Bitcoin's failure to penetrate the resistance area is definitely there, but let's hope the price can stay above $63k today.

Yesterday Bitcoin almost broke through the $65K level again and now the price is not too far from that level so my confidence in seeing the price of $70K on Bitcoin again before September is starting to rise again at the end of this month because it won't be long until we all enter September and Bitcoin is starting to rise again quite well from now on. I also had an assumption that the interest rate cut by the FED could have a fairly good impact on the market including the Bitcoin market which in particular could happen this year.

From the end of this month onward, it will only get better for bitcoin because of the time and season. I want to believe that the era of deep corrections are over, although I'm still opened for anything because I'm still at the accumulation phase of my Bitcoin portfolio and I have no intentions to sell even if prices reaches the 100k short term target. I guess many people are also thinking in this direction because the awareness about the beauty of long term hold has gotten deeper penetration than ever.

I agree with you that, there will be massive pump next month because the price of BTC has maintain $64k in some days now without dump to $60k or $50k, which are some of the positive signs that will make hodlers to be at peace with their hodling till their dream come to reality soon. Maybe you just started hodling BTC that is why you said you will not sell when the price hit $100k or maybe you are type of people that is expecting $1 million before they can sell their BTC, maybe you bought your BTC when the price was $70k or $72k and it will be hard for you to sell when the price hit $100k because you are not going to make a good profits, but those that bought BTC when the price was $18k or $20k, they will rush to sell when the price hit $100k because they know that huge profit will be involve.

So, whatever the outcome of the election is will have direct impact on how the market responds and where we will seen price before the end of the year.

I don't think, the election will affect the market price negatively because many people have see the positive market sign already which the election cannot stop, because BTC is not control by the government of US and they will not have the political power to control the market price during this election period, and it will make those bitcoiners that are going to support the candidate that promised them cryptocurrency and BTC legal tender. I still have that confident that the price will going to hit $100k before the end of this year, and I'm very ready to sell my BTC when the price finally hit $100k in the market.

[avp2306]

Road to 100k? This isnt a smooth sail ride on which even if we do able to reach out those new all time highs before that halving event happens but it didnt shoot up into that level.
Although seeing those numbers arent that bad either but as talking about corrections then the market would really be that having it no matter what.
100k is inevitable as we do all know. We arent that still on a bull run yet on which chances this could happen is really that not hard to reach out. time would only tell on such thing as this.

Quite optimistic about Bitcoin attaining such landmark rise in worth, but I do not think it will stay long before it falls again. For how long it will be on 100k before it falls back again is what I cannot ascertain but I'm pretty sure it won't stay there for long no matter how the bull run season favors the uptrend of the market.

Normal to see such fall  especially if such certain ATH will be achieve since provably that lots of people would provably see because they think there profit earned is enough and they are speculating for a dump after such good event happen.

For volatile characteristic of bitcoin it already tell that price would provably not stay there for long but what good thing about people should think about is it already reached at $100k which is possible to happen in future. The question right now is when, so before that price to reach, much better for now is to focus on accumulation and stop doubting if the we really reach that or get afraid on its volatility. Maybe we are not done yet with bull run phase and maybe we can see more from bitcoin this year.