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Author Topic: Road to 100k?  (Read 3990 times)
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March 21, 2024, 05:59:17 PM
 #141

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?
Yes, it's real that Bitcoin once occupied the $70k level, before the halving happened, that's an extraordinary phenomenon for a new record for Bitcoin this year, of course all of that doesn't escape the process and other factors that cause Bitcoin to move and print a new ATH.

Of course we have all seen how experts have speculated and predicted Bitcoin from year to year, it shows how important Bitcoin is today for society, this does not escape the active role of investors, developers, Bitcoin users and so on, especially the public, so talking about Bitcoin price speculation for $100k, of course we often see and talk about this, but I believe the highest Bitcoin price this year was only at $80k after the halving happened.

It's up to how people carry out their analysis and whatever price Bitcoin reaches after the 2024 halving, the most important thing is that you have to own it and get the return according to the initial plan. The price could rise above $100k or just below $100k, but considering the large involvement of institutional investors and the influence of spot ETFs, it is highly likely that $100k will be reached soon after the halving.

The price may correct again after $100k is reached, which is normal due to selling pressure. Whatever the highest price that bitcoin reaches in the future, a correction will still occur because people's interest in selling their bitcoin will increase as the price increases.

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March 22, 2024, 03:47:40 AM
 #142

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?
Yes, it's real that Bitcoin once occupied the $70k level, before the halving happened, that's an extraordinary phenomenon for a new record for Bitcoin this year, of course all of that doesn't escape the process and other factors that cause Bitcoin to move and print a new ATH.

Of course we have all seen how experts have speculated and predicted Bitcoin from year to year, it shows how important Bitcoin is today for society, this does not escape the active role of investors, developers, Bitcoin users and so on, especially the public, so talking about Bitcoin price speculation for $100k, of course we often see and talk about this, but I believe the highest Bitcoin price this year was only at $80k after the halving happened.

It's up to how people carry out their analysis and whatever price Bitcoin reaches after the 2024 halving, the most important thing is that you have to own it and get the return according to the initial plan. The price could rise above $100k or just below $100k, but considering the large involvement of institutional investors and the influence of spot ETFs, it is highly likely that $100k will be reached soon after the halving.

The price may correct again after $100k is reached, which is normal due to selling pressure. Whatever the highest price that bitcoin reaches in the future, a correction will still occur because people's interest in selling their bitcoin will increase as the price increases.

I don't think bitcoin can hit $100k right after the halving but I also believe this year bitcoin can hit $100k before there is a big correction and then we will enter the super cycle period. Things have changed and with what's been happening since the ETF was approved, I have more expectations for the ETF instead of the halving like before. I predict that we will soon see countries investing in bitcoin instead of large funds like today. And that will create tremendous growth for bitcoin and the entire market.


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March 22, 2024, 06:55:46 AM
 #143

but everything cannot be separated from the process that we know is the way to $100k

it can't be that fast it takes a while to procced but it doesn't close
This possibility can happen despite our thoughts

It's too early to conclude that the resistance level is high so the Bitcoin halving hasn't happened yet
and it is very difficult to reduce it.
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March 22, 2024, 07:54:17 AM
 #144

but everything cannot be separated from the process that we know is the way to $100k

it can't be that fast it takes a while to procced but it doesn't close
This possibility can happen despite our thoughts

It's too early to conclude that the resistance level is high so the Bitcoin halving hasn't happened yet
and it is very difficult to reduce it.
We may have to wait until the end of this year to see a 100k increase. Despite the bull run in the market the price of bitcoin continues to rise and fall. That's why I think the best way to get through these tough times is to keep bitcoin as a long term investment. Investors will get good profit if the price increases.

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March 22, 2024, 08:04:33 AM
 #145

but everything cannot be separated from the process that we know is the way to $100k

it can't be that fast it takes a while to proceed but it doesn't close
This possibility can happen despite our thoughts

It's too early to conclude that the resistance level is high so the Bitcoin halving hasn't happened yet
and it is very difficult to reduce it.
Still unpredictable to me, there is no way to know for sure that 100k bitcoin will happen, I don't want to believe in this and Bitcoin gets to 90k and turns around for another bear market, a monthly candle can print today, and show the possible coming price action and after a month things will change, I trust the chart more, if you know how to read them you will be able to make a decision based on the chart.

Nothing will go wrong if we avoid trying to time the top, many will be trapped and they will have to hold or take their losses, always follow what the chart says not what the hordes are saying.

Bitcoin halving hasn't happened yet, and if this monthly price closes below 64,000 it's going to be a longer bear market as it will take Bitcoin months to recover, whichever one plays out I will be ready anyway. 

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March 22, 2024, 01:00:32 PM
 #146

Seems like the road to $100k is very rough indeed with how poorly the market price has been, some how it looks like we're never going to see $80k before the end of this month. Is getting to a week and we haven't seen anything positive like heading towards the $70k it was before dropping and we're expecting to see a new ATH anytime soon and that would happen when the price start going up, I think the market price might change in the next 3 days.
If you expect the price of Bitcoin to reach $80k later this month, it seems unlikely to happen. However, the potential for a price increase of up to $100k is still very possible because the halving has not yet started. I think the correction that is happening now is a normal thing to happen as a step towards an even higher increase. Therefore, I am still optimistic that the price of bitcoin has the potential to reach $100k this year.
80k this month ? Im afraid it will ever happen because the roller coaster ride of market is not
showing consistent flow for the market and the investors seems to be not going favoring this target
and also that 100k is surely to be reached but the problem is when will it happen and yes not this
2024, we must not abused what we have done breaking the ATH before halving and that is enough
for all of us to be thankful.

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March 23, 2024, 05:53:40 PM
 #147

Seems like the road to $100k is very rough indeed with how poorly the market price has been, some how it looks like we're never going to see $80k before the end of this month. Is getting to a week and we haven't seen anything positive like heading towards the $70k it was before dropping and we're expecting to see a new ATH anytime soon and that would happen when the price start going up, I think the market price might change in the next 3 days.
If you expect the price of Bitcoin to reach $80k later this month, it seems unlikely to happen. However, the potential for a price increase of up to $100k is still very possible because the halving has not yet started. I think the correction that is happening now is a normal thing to happen as a step towards an even higher increase. Therefore, I am still optimistic that the price of bitcoin has the potential to reach $100k this year.
80k this month ? Im afraid it will ever happen because the roller coaster ride of market is not
showing consistent flow for the market and the investors seems to be not going favoring this target
and also that 100k is surely to be reached but the problem is when will it happen and yes not this
2024, we must not abused what we have done breaking the ATH before halving and that is enough
for all of us to be thankful.

We are just over a week away from the end of March and over the past 5 days we have continuously had negative capital flows into the market from bitcoin ETFs reports. So, expecting bitcoin to reach 80k USD by the end of the month is quite a difficult task for bitcoin, I also think it will be very difficult to achieve that.

But the goal of 100 thousand USD this year is not too difficult a goal for bitcoin . I still believe we will hit $100k this year and there will be a sharp correction by the end of 2024 . Of course, that is just correction and not a sign of the end of the bull season because the bull season has not really come yet .

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March 23, 2024, 11:51:18 PM
 #148

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?

Yes, it is possible. However my believe in that happening has reduced because of how the price has been hovering around $65k. I am beginning to think that maybe that is just about where it’ll stay. But if we want to speculate from the speed at which it was constantly increasing in value, it’s easy to say that $100k is very feasible.



 

 

 

 

 

 


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March 25, 2024, 04:30:26 AM
 #149

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?
Next April bitcoin halving will start and before bitcoin halving most likely bitcoin will not exceed $100k but max ATH will exceed $73k before bitcoin holding. But after the halving, Bitcoin will likely cross $100k at any time. Currently, Bitcoin stands at $67,000 and is sure to cross $80,000 before the halving this April.

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March 25, 2024, 04:58:24 AM
 #150

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?

Yes, it is possible. However my believe in that happening has reduced because of how the price has been hovering around $65k. I am beginning to think that maybe that is just about where it’ll stay. But if we want to speculate from the speed at which it was constantly increasing in value, it’s easy to say that $100k is very feasible.
I also have confidence that the price of bitcoin can reach $100k. In fact, it was beyond my expectations that Bitcoin could reach a new ATH before the halving occurred. Maybe, the price of $100k will be reached after the halving. Currently, it is very natural for price corrections to occur. As long as it is still in the $55k to $60k range, I am still quite optimistic about the price of bitcoin reaching $100k.


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March 25, 2024, 05:28:55 AM
 #151

Bitcoin's highest price was $73k, then the price fell and stabilized at around $67k. I don't think it's a big price drop and this kind of price drop is normal because previously the price of bitcoin had risen drastically. I think the opportunity to reach $100k is still very wide open because the halving hasn't started yet.

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March 25, 2024, 08:42:24 AM
 #152

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?

Reaching 100k aren't high expectations....

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March 25, 2024, 11:36:59 AM
 #153

Seems like the road to $100k is very rough indeed with how poorly the market price has been, some how it looks like we're never going to see $80k before the end of this month. Is getting to a week and we haven't seen anything positive like heading towards the $70k it was before dropping and we're expecting to see a new ATH anytime soon and that would happen when the price start going up, I think the market price might change in the next 3 days.
I have also seen that but I know in the end, bitcoin will eventually reach $100k. However, I’m not confident to say that it will happen just before halving knowing there will be series of correction before bitcoin price will surge high again and reaches another peak price. But whether it will happen before or after halving, I guess that won’t matter that much because what we are looking forward actually is the upcoming bitcoin bull run that will surely give us another opportunity to be in massive profits.

The weak hands might be tempted to sell before $100k but for sure, long term hodlers will be more patient to wait for that. However, one thing is certain, those who bought bitcoin at a high price are actually in fears right now due to constant price decline, but if they are here for long term hodling, then this current price correction will never bother them all.

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March 25, 2024, 12:33:35 PM
 #154

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?

Yes, it is possible. However my believe in that happening has reduced because of how the price has been hovering around $65k. I am beginning to think that maybe that is just about where it’ll stay. But if we want to speculate from the speed at which it was constantly increasing in value, it’s easy to say that $100k is very feasible.
The market is unpredictable, which is often forgotten. Therefore, if $100k is called the achievable level of bitcoin in this cycle, then bitcoin can demonstrate above - $150k. The price fluctuates around $65k, but doesn't fall much lower and this maintains hope for growth, perhaps in the near future. I don't think that up to $100k the growth will be linear and we would have to see a significant reduction in price. I assume that by the end of the year we will see ups and downs, but the $100k mark will be reached.

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March 25, 2024, 05:26:12 PM
 #155

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?

Yes, it is possible. However my believe in that happening has reduced because of how the price has been hovering around $65k. I am beginning to think that maybe that is just about where it’ll stay. But if we want to speculate from the speed at which it was constantly increasing in value, it’s easy to say that $100k is very feasible.
The market is unpredictable, which is often forgotten. Therefore, if $100k is called the achievable level of bitcoin in this cycle, then bitcoin can demonstrate above - $150k. The price fluctuates around $65k, but doesn't fall much lower and this maintains hope for growth, perhaps in the near future. I don't think that up to $100k the growth will be linear and we would have to see a significant reduction in price. I assume that by the end of the year we will see ups and downs, but the $100k mark will be reached.

Over the past few days bitcoin has corrected and at one point dropped below $63k, people became pessimistic and did not believe it could recover anytime soon. But check the current market as bitcoin has crossed $70k and is approaching $72k in the coming days and I don't think it will drop to $65k before halving.

I predicted that bitcoin would soon surpass $80k before halving before the recent correction happened and I still haven't changed my opinion. When people feel scared and skeptical about bitcoin increasing in price so quickly, bitcoin will continue to increase in people's doubts. And I also believe that the $100k target will be reached this year and then there will be a significant correction.

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March 25, 2024, 09:26:43 PM
 #156

The recent times that btc hit ATH, was followed by significant declines, yes, it's on its way to 100k, but even as it rises to that mark, there's no guarantee that there'll be no declines on the way, infact, there's more guarantee of declines along the way. But however, if there happens to be no declines, that would be great, and then, still, those waiting for dips to purchase the coins will have a tough one. Let's just say, btc has a way of carrying everyone along. However, I speculate it reaches 100k within the year .
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March 25, 2024, 10:47:31 PM
 #157

Great breakout here, be Bullish for this movement.  Ideally we close at 70k or higher on the daily bars right till end of week on Sunday and that'd setup a whole row of further gains higher quite possibly.

It was feasible to close down on that recent weakness, at the very best only go sideways but its defiantly turned the last 6 days into higher lows and resolved to attempt a good break out of the March range.  Just have to watch if it can achieve a higher ATH then recently sent, doing that much is the clear signal but I think its already indicating as much.

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March 25, 2024, 11:00:12 PM
 #158

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?

Yes, it is possible. However my believe in that happening has reduced because of how the price has been hovering around $65k. I am beginning to think that maybe that is just about where it’ll stay. But if we want to speculate from the speed at which it was constantly increasing in value, it’s easy to say that $100k is very feasible.
The market is unpredictable, which is often forgotten. Therefore, if $100k is called the achievable level of bitcoin in this cycle, then bitcoin can demonstrate above - $150k. The price fluctuates around $65k, but doesn't fall much lower and this maintains hope for growth, perhaps in the near future. I don't think that up to $100k the growth will be linear and we would have to see a significant reduction in price. I assume that by the end of the year we will see ups and downs, but the $100k mark will be reached.

Hopefully $100k will be reached soon because that is the highest price point that many people want. Bitcoin's decline is still around $62k and that is strong support this time. Bitcoin will go further with this support. waiting for the halving which will happen soon and this is highly anticipated, we will see what effect this halving will have on the price of bitcoin in the future.

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March 25, 2024, 11:49:14 PM
 #159

Hopefully $100k will be reached soon because that is the highest price point that many people want. Bitcoin's decline is still around $62k and that is strong support this time. Bitcoin will go further with this support. waiting for the halving which will happen soon and this is highly anticipated, we will see what effect this halving will have on the price of bitcoin in the future.

The variability of the price is at its highest right now in my opinion. In the past we might estimate a bit the fluctuations but with the new ATH and the drop just few days later to $62k and the move forward again makes things harder to trace.
Many people found the new ATH is the best moment for them to sell their coins until they witness a new bullrun and so on!

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March 26, 2024, 03:11:30 AM
 #160

Seems like the road to $100k is very rough indeed with how poorly the market price has been, some how it looks like we're never going to see $80k before the end of this month. Is getting to a week and we haven't seen anything positive like heading towards the $70k it was before dropping and we're expecting to see a new ATH anytime soon and that would happen when the price start going up, I think the market price might change in the next 3 days.
I have also seen that but I know in the end, bitcoin will eventually reach $100k. However, I’m not confident to say that it will happen just before halving knowing there will be series of correction before bitcoin price will surge high again and reaches another peak price. But whether it will happen before or after halving, I guess that won’t matter that much because what we are looking forward actually is the upcoming bitcoin bull run that will surely give us another opportunity to be in massive profits.

For some time now it almost seems like we're going to see Bitcoin price dropping drastically back to $40k, I said never will I take a glance at it till I see the market price back at $70k+ which happened few hours ago.
I feel that Bitcoin price will get to that $100k that's if the price continue to go up but the discouraged part of it came and made things look like many hodlers are not appreciating the movement of Bitcoin price.

Quote
The weak hands might be tempted to sell before $100k but for sure, long term hodlers will be more patient to wait for that. However, one thing is certain, those who bought bitcoin at a high price are actually in fears right now due to constant price decline, but if they are here for long term hodling, then this current price correction will never bother them all.

I won't call them weak hands, is really tempting to withdraw with the fact that the market price was killing the faith many had and nobody wants to be on the losing side honestly speaking, which you know how it would be like.
Sometimes lack of patience get the better part of a good trader and the decision they make can't be reversed, the market price can't be predicted that's why we're all left to choose what to do next when the price start dropping.

R


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