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Author Topic: Road to 100k?  (Read 5367 times)
Tmoonz
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May 18, 2024, 11:42:45 AM
 #561


Basically anyone selling their Bitcoin to purchase inferior assets is a naive person because you can't sell a valuable asset like Bitcoin just to buy some low level assets that will take you backwards instead of increasing your wealth and investment.And before selling one's Bitcoin mapping out plans on how to spend the money judiciously on valuable assets should be taken with high priority.

 In as much as it good to make good use of the money gotten from one investment, Whatever any one may decide to do with the money gotten from their investment is totally their rights and obligation to do whatever that pleases then, placing important and values over things varies differently individually and I don't think if there is anything wrong in doing whatever anyone like with their money reason being that everyone is owe to the responsibilities of thier actions and reactions. Anyone can do whatever they like.

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May 18, 2024, 12:16:22 PM
Last edit: May 27, 2024, 08:58:52 PM by sotelorene
 #562

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?

No one can actually tell for sure if Bitcoin will continuously rise from $70k because we all know that bitcoin is volatile in nature and what will all do, it's like prediction that's after our analysis we take a decision which sometime will happen the way we wanted it to and sometime it doesn't happen. Anyone who invested in bitcoin will always want or wish for it to skyrocket but it's not our expectations that is controlling it. To me I don't think there will be a major decline in bitcoin before it will reach 100k. However, for the fact that we don't know what the team is planning that means we can't actually tell for sure how the decline is going to be or look like.

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Tmoonz
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May 18, 2024, 02:25:04 PM
 #563

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?

We all know that bitcoin is volatile in nature and what will all do, it's like prediction that's after our analysis we take a decision which sometime will happen the way we wanted it to and sometime it doesn't happen. Anyone who invested in bitcoin will always want or wish for it to skyrocket but it's not our expectations that is controlling it. To me I don't think there will be a major decline in bitcoin before it will reach 100k. However, for the fact that we don't know what the team is planning that means we can't actually tell for sure how the decline is going to be or look like.


If only we can remember that there are different categories of investors in the market, that is those that has already gone far in their accumulation journey and those that has only but little,  and when it comes to making a wish or wanting Bitcoin to skyrocket I think that will be mostly done by those that has already stashed up a lot of Bitcoin up to a reasonable amount while those low coiners might be pleading for the price to come down to enable them buy Bitcoin at a more cheaper price, yeah it is normal everyone can be shouting bull run, bull run but not all are going to benefit from it right away if long term plan is the goal and you are having little amount of Bitcoin, you have to wait and hold for longer period of time while accumulating Bitcoin in order to have a good size to enable you have a substantial overall return which Is better than chasing a few dollar profits.

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May 18, 2024, 02:49:35 PM
 #564

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?

We all know that bitcoin is volatile in nature and what will all do, it's like prediction that's after our analysis we take a decision which sometime will happen the way we wanted it to and sometime it doesn't happen. Anyone who invested in bitcoin will always want or wish for it to skyrocket but it's not our expectations that is controlling it. To me I don't think there will be a major decline in bitcoin before it will reach 100k. However, for the fact that we don't know what the team is planning that means we can't actually tell for sure how the decline is going to be or look like.


If only we can remember that there are different categories of investors in the market, that is those that has already gone far in their accumulation journey and those that has only but little,  and when it comes to making a wish or wanting Bitcoin to skyrocket I think that will be mostly done by those that has already stashed up a lot of Bitcoin up to a reasonable amount while those low coiners might be pleading for the price to come down to enable them buy Bitcoin at a more cheaper price, yeah it is normal everyone can be shouting bull run, bull run but not all are going to benefit from it right away if long term plan is the goal and you are having little amount of Bitcoin, you have to wait and hold for longer period of time while accumulating Bitcoin in order to have a good size to enable you have a substantial overall return which Is better than chasing a few dollar profits.
There are many categories of investors and they all like to see themselves profit. Short-term investors buy BTC from the market at their convenience and withdraw themselves after a small profit -trading. In fact, it is this category of investors who suffer more later on because they are not used to holding their investments for the long term. But if he had held BTC for a long time he would have profited much higher.
However, long-term BTC investors continue to grow their investment portfolios successfully by following the DCA method at regular intervals. Because they know that their growing investment holdings will continue to grow regularly and can reap multiple returns over a period of years.
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May 18, 2024, 03:56:51 PM
 #565

In as much as it good to make good use of the money gotten from one investment, Whatever any one may decide to do with the money gotten from their investment is totally their rights and obligation to do whatever that pleases then, placing important and values over things varies differently individually and I don't think if there is anything wrong in doing whatever anyone like with their money reason being that everyone is owe to the responsibilities of thier actions and reactions. Anyone can do whatever they like.

As long as what is done does not conflict with any rules, there is clearly no problem doing it, especially if it is about investing in Bitcoin for one's own future. But before doing anything, everyone must understand the level of risk and potential profits that they will receive when they do the thing they like. Because every person who likes something has their own reasons, so the desire to do things like investing must be based on their own liking and knowledge. So that even when he loses, he will not blame other people because what he did was an absolute thing that was born from his own thoughts.

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Tmoonz
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May 18, 2024, 04:18:42 PM
 #566

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?

We all know that bitcoin is volatile in nature and what will all do, it's like prediction that's after our analysis we take a decision which sometime will happen the way we wanted it to and sometime it doesn't happen. Anyone who invested in bitcoin will always want or wish for it to skyrocket but it's not our expectations that is controlling it. To me I don't think there will be a major decline in bitcoin before it will reach 100k. However, for the fact that we don't know what the team is planning that means we can't actually tell for sure how the decline is going to be or look like.


If only we can remember that there are different categories of investors in the market, that is those that has already gone far in their accumulation journey and those that has only but little,  and when it comes to making a wish or wanting Bitcoin to skyrocket I think that will be mostly done by those that has already stashed up a lot of Bitcoin up to a reasonable amount while those low coiners might be pleading for the price to come down to enable them buy Bitcoin at a more cheaper price, yeah it is normal everyone can be shouting bull run, bull run but not all are going to benefit from it right away if long term plan is the goal and you are having little amount of Bitcoin, you have to wait and hold for longer period of time while accumulating Bitcoin in order to have a good size to enable you have a substantial overall return which Is better than chasing a few dollar profits.
There are many categories of investors and they all like to see themselves profit. Short-term investors buy BTC from the market at their convenience and withdraw themselves after a small profit -trading. In fact, it is this category of investors who suffer more later on because they are not used to holding their investments for the long term. But if he had held BTC for a long time he would have profited much higher.
However, long-term BTC investors continue to grow their investment portfolios successfully by following the DCA method at regular intervals. Because they know that their growing investment holdings will continue to grow regularly and can reap multiple returns over a period of years.

Yes it is true that the aim of every business is to maximize profits, traders should be the best word to describe those who buy and sell for short term profits. I have considered those chasing Short term waves profits as those that are not ready to leave off their poverty strinking situation let alone talking about the complexity of trading even to both experience ones, the emotional devastation, time and energy consuming, but yeah any one can do whatever they like.

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May 18, 2024, 04:36:03 PM
 #567

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?

We all know that bitcoin is volatile in nature and what will all do, it's like prediction that's after our analysis we take a decision which sometime will happen the way we wanted it to and sometime it doesn't happen. Anyone who invested in bitcoin will always want or wish for it to skyrocket but it's not our expectations that is controlling it. To me I don't think there will be a major decline in bitcoin before it will reach 100k. However, for the fact that we don't know what the team is planning that means we can't actually tell for sure how the decline is going to be or look like.
Although I am a small investor and I have seen BTC price trend down most days post halving and sometimes up but to me the price didn't seem that volatile. Many crypto scammers have tried to say in their campaigns that the price of BTC will drop below $40k but we are actually seeing the opposite. With these thread everyone is trying to take the price of BTC up to $100k or more. In fact, if you want to reach the expected destination, there will be some obstacles, so you cannot stop. A major drop may or may not happen before reaching $100k so it is not advisable to sell our holdings as fraudsters are always awake to mislead you. You take care of your holdings and the future will call you a winning investor.
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May 18, 2024, 05:07:35 PM
Merited by JayJuanGee (1), Su-asa (1)
 #568

We all know that bitcoin is volatile in nature and what will all do, it's like prediction that's after our analysis we take a decision which sometime will happen the way we wanted it to and sometime it doesn't happen. Anyone who invested in bitcoin will always want or wish for it to skyrocket but it's not our expectations that is controlling it.

You sound like someone who is focused on trading because actually I see no reason why you would want to analyzed the market before you can start investing, however considering the fact that you seem very new in terms of investment you should focus on how you can accumulate Bitcoin and hold because in terms of holding you don't need any technical analysis or prediction to determine your investment plan since the goal will be for holding and also I wouldn't advise you to focus on trading because is a big risk and there is a big chance you could blow your investment portfolio.

However one thing you most understand is that with the potential of Bitcoin it will surely move very high even if it take some time, perhaps that's why holders shouldn't think about any analysis before investing on Bitcoin because no matter the price you started accumulating in the future it will worth it.

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May 18, 2024, 07:24:18 PM
 #569

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?

We all know that bitcoin is volatile in nature and what will all do, it's like prediction that's after our analysis we take a decision which sometime will happen the way we wanted it to and sometime it doesn't happen. Anyone who invested in bitcoin will always want or wish for it to skyrocket but it's not our expectations that is controlling it. To me I don't think there will be a major decline in bitcoin before it will reach 100k. However, for the fact that we don't know what the team is planning that means we can't actually tell for sure how the decline is going to be or look like.


If only we can remember that there are different categories of investors in the market, that is those that has already gone far in their accumulation journey and those that has only but little,  and when it comes to making a wish or wanting Bitcoin to skyrocket I think that will be mostly done by those that has already stashed up a lot of Bitcoin up to a reasonable amount while those low coiners might be pleading for the price to come down to enable them buy Bitcoin at a more cheaper price, yeah it is normal everyone can be shouting bull run, bull run but not all are going to benefit from it right away if long term plan is the goal and you are having little amount of Bitcoin, you have to wait and hold for longer period of time while accumulating Bitcoin in order to have a good size to enable you have a substantial overall return which Is better than chasing a few dollar profits.
There are many categories of investors and they all like to see themselves profit. Short-term investors buy BTC from the market at their convenience and withdraw themselves after a small profit -trading. In fact, it is this category of investors who suffer more later on because they are not used to holding their investments for the long term. But if he had held BTC for a long time he would have profited much higher.
However, long-term BTC investors continue to grow their investment portfolios successfully by following the DCA method at regular intervals. Because they know that their growing investment holdings will continue to grow regularly and can reap multiple returns over a period of years.

Yes it is true that the aim of every business is to maximize profits, traders should be the best word to describe those who buy and sell for short term profits. I have considered those chasing Short term waves profits as those that are not ready to leave off their poverty strinking situation let alone talking about the complexity of trading even to both experience ones, the emotional devastation, time and energy consuming, but yeah any one can do whatever they like.


I wonder how people still think trading would do any good in terms of gaining in Bitcoin, rather than just accumulating, hold according to a strategic plan. I got to understand that some persons don't really know what Bitcoin really means, and having it through holding worth than Trading it merely.

I don't consider those chasing short term profit as those who aren't ready to leave poverty, but as those who allow the impulsiveness of poverty cloud there judgement and thereby end up becoming more poorer.

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May 18, 2024, 09:20:46 PM
 #570

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?

We all know that bitcoin is volatile in nature and what will all do, it's like prediction that's after our analysis we take a decision which sometime will happen the way we wanted it to and sometime it doesn't happen. Anyone who invested in bitcoin will always want or wish for it to skyrocket but it's not our expectations that is controlling it. To me I don't think there will be a major decline in bitcoin before it will reach 100k. However, for the fact that we don't know what the team is planning that means we can't actually tell for sure how the decline is going to be or look like.

You know how many times you have read that Bitcoin is proven and tested when it comes to giving profit to all those who believe in it. Now, if you do dca here and you do it weekly or monthly, it depends on you as long as it's easy and consistent. For sure, in one year you will save a lot of bitcoin.

Especially if your target from now is to save it 5 years from now, I am pretty sure that the value of Bitcoin will be high during those times. The amount you have saved during these times will probably be 5 or 10 more, depending on the value of Bitcoin in the years to come.



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May 18, 2024, 09:33:49 PM
 #571

It's like this third rising of bitcoin is the one that will hit the $100k people are predicting. Now the movement of bitcoin is in good shape again and those who bought when the price was $56k last month are doing well now. And from your question I will say yes bitcoin might hit $100k but it will not be straight to the $100k because they would be some breaks in the process and we have experienced those breaks for some months now and not the price is going up again and in the month of September to December, bitcoin price will surprise Many people in the world.

The price will go more than the $100k predicted price.









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May 18, 2024, 09:56:28 PM
 #572

It's like this third rising of bitcoin is the one that will hit the $100k people are predicting. Now the movement of bitcoin is in good shape again and those who bought when the price was $56k last month are doing well now. And from your question I will say yes bitcoin might hit $100k but it will not be straight to the $100k because they would be some breaks in the process and we have experienced those breaks for some months now and not the price is going up again and in the month of September to December, bitcoin price will surprise Many people in the world.

The price will go more than the $100k predicted price.
There was a time when the price of Bitcoin was escalating very high and rapidly, many of us here were so fast to predict that the price of Bitcoin would reach up to $150k but I don't know of their thoughts any longer since we have been at $60k/$60k+ for the past weeks/months down from the $70k+ which was quite the number we expected to be before crossing the $100k value. I honestly believe that it is not late for we to see such a price, before the year runs out, i am confident that we are going to observe a new price mark which will initiate a prosperous all time high certainly above the $100k value.

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May 18, 2024, 10:48:09 PM
 #573

right, before the halving the price of bitcoin reached an ATH in the range of $73k, and maybe after the halving you and most people thought bitcoin would reach a much higher ATH. but in reality it is not like that because after the halving begins the price of bitcoin tends to fall and stabilize. When this thread was created maybe $100k seemed very achievable, but for now and in the near future $100k looks very difficult to achieve. We'll see until the momentum of this halving ends, whether Bitcoin can reach $100k or not.

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May 18, 2024, 10:53:56 PM
 #574

right, before the halving the price of bitcoin reached an ATH in the range of $73k, and maybe after the halving you and most people thought bitcoin would reach a much higher ATH. but in reality it is not like that because after the halving begins the price of bitcoin tends to fall and stabilize.

It's not that it will stabilized, as you can it's more of a sideways pattern after the halving. And also, you have to take into consideration the mempool congestion that time. Now it's clear and so the price tends to gravitate to $70,000 currently.

When this thread was created maybe $100k seemed very achievable, but for now and in the near future $100k looks very difficult to achieve. We'll see until the momentum of this halving ends, whether Bitcoin can reach $100k or not.

It is still achievable, I'm not sure how long have been in the market, but it will take months before the effect of the halving will be felt. And you will be surprised how the market moves, this is a bull run year and so great things are to be expected. I understand your skepticism and there are lot of members here who thought that after the halving we will have instant parabolic rise. It's not like that, the market will have to gather momentum first before we can zoom and I will ask you to stay and observed at least at the end of the year and see where we are.

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May 19, 2024, 03:04:59 AM
 #575

I cannot agree with you. In the month before halving we saw BTC's ATH which was normal as we expected more higher prices. After the halving its price naturally had a slight downward trend (correction). I can't guess if you have noticed the current BTC market situation but you will have seen that the bullish season has started and has already touched $67k and is about to rise. We may have to wait much longer for the next ATH maybe tomorrow or next week. Again it may take some time. But the possibility of price increase is relatively high. I think we should study more before we think negative about the market because we are constantly seeing the number of BTC investors around the world increasing day by day and without some correction it is certainly reasonable to expect its price to skyrocket.

Of course, market corrections are always there and the market also does not escape the laws of trade where there is a demand for buying and selling. Of course, if the demand for Bitcoin comes more and more, the price will automatically rise if those who sell it go down.

Well, we juxtapose it with current conditions, the market has shown signs of movement towards the price of 73K but let's both look back at the performance of the market whether it will be able to pass where the current circulating price is $67,182.

Otherwise, BTC will make a small correction again and wait for next Monday or Tuesday again.



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May 19, 2024, 10:53:50 AM
 #576

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?

We all know that bitcoin is volatile in nature and what will all do, it's like prediction that's after our analysis we take a decision which sometime will happen the way we wanted it to and sometime it doesn't happen. Anyone who invested in bitcoin will always want or wish for it to skyrocket but it's not our expectations that is controlling it. To me I don't think there will be a major decline in bitcoin before it will reach 100k. However, for the fact that we don't know what the team is planning that means we can't actually tell for sure how the decline is going to be or look like.

You know how many times you have read that Bitcoin is proven and tested when it comes to giving profit to all those who believe in it. Now, if you do dca here and you do it weekly or monthly, it depends on you as long as it's easy and consistent. For sure, in one year you will save a lot of bitcoin.

Especially if your target from now is to save it 5 years from now, I am pretty sure that the value of Bitcoin will be high during those times. The amount you have saved during these times will probably be 5 or 10 more, depending on the value of Bitcoin in the years to come.

Unfortunately not everyone could really understand the possible situation happens on bitcoin since there are some people think about bitcoin as fast cash schemes since they believe that once halving take effect they automatically earn a lot of money from this event. But turnout that they are disappointed since they are not seeing some big pumps but instead they got discourage easily when seeing some corrections happen in short while.

That's why they come to think that short trade is more better for thinking that they can earn fast profit for doing it but they didn't realize that its risky to participate on any of this trades that's why lots of people doing this activity lose their money because they didn't anticipate those negative possibilities that might possibly happen especially when they experience a volatile condition of the market.

If people just think about that everything will go in process and reaching $100k will not come instantly for sure they will not exceed on their expectations on bitcoin. And for sure they can wait for many years and create some good strategy towards their plans to hodl bitcoin for long years.

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May 19, 2024, 11:49:07 AM
 #577

right, before the halving the price of bitcoin reached an ATH in the range of $73k, and maybe after the halving you and most people thought bitcoin would reach a much higher ATH. but in reality it is not like that because after the halving begins the price of bitcoin tends to fall and stabilize. When this thread was created maybe $100k seemed very achievable, but for now and in the near future $100k looks very difficult to achieve. We'll see until the momentum of this halving ends, whether Bitcoin can reach $100k or not.

People should not expect too much because if they don't get according to their expectations then they don't wait but sell due to panic but only those will know that the market will rise again who work according to their learning and expertise instead of expectations.

Although it is possible that Bitcoin will hit 100k$ but time predictions are not possible therefore keep holding if your target is 100k$ and keep calm because it will take time.



 

 

 

 

 

 


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May 19, 2024, 03:07:47 PM
 #578

Basically this section of the forum is about speculation of the price of Bitcoin that is why it looks like a lot of users are exaggerating about it's price but even though our speculations may not be accurate but it helps to boost our confidence morale to be hopeful that the price of Bitcoin reach the speculated ATH of $100 and all this speculation we do here works some times. Okay just take a look at the price of Bitcoin now and some days back that the price was dipping so Bitcoin is a volatile asset which the price tends t go forward and backwards and it is what keeps the market balanced so speculation continues.
I would not exaggerate to speculate on the value of BTC as touching $100k is reasonable and that too this year. May not happen again. You may have noticed that none of us are saying that BTC will be worth $100k. We only estimate the probability through this thread. We make assumptions from our place of freedom and basically from a place of logic.You will also see that when Bitcoin started its journey in the market - in 2013 it was worth so little. In 2015-2016, the value of 1 BTC was highest only $1000 and in 2024 it was ATH $73,750.00. If you analyze the data I have provided you, make an estimate of the value of BTC by 2025? So the speculation we are making about the value of BTC in this thread is not unreasonable at all.
Apart from the fact that Bitcoin is meant to reach a new ATH after every circle do you know that Bitcoin price can stay for a very long time before reaching an all time high again due to the fact that it has already gotten an ATH before the halving so all we are doing is speculations and this speculations depends on the effect the market will create so if there is no much investors buying Bitcoin you can't expect the price to skyrocket.
I cannot agree with you. In the month before halving we saw BTC's ATH which was normal as we expected more higher prices. After the halving its price naturally had a slight downward trend (correction). I can't guess if you have noticed the current BTC market situation but you will have seen that the bullish season has started and has already touched $67k and is about to rise. We may have to wait much longer for the next ATH maybe tomorrow or next week. Again it may take some time. But the possibility of price increase is relatively high. I think we should study more before we think negative about the market because we are constantly seeing the number of BTC investors around the world increasing day by day and without some correction it is certainly reasonable to expect its price to skyrocket.
I agree with you, before the BTC halving we witnessed an ATH, and after the halving we saw a reduction in price, which a lot of persons where erroneously thinking that immediately after the halving there will be a new ATH, forgetting that it takes time for before we see an increase in price, this increase might not be tomorrow and it might still not be next week.
Ideally people will naturally attach some level of uncertainty or speculation towards the price of BTC, but experience will teach you that  all these back and forth movement of price, is majorly about the market forces displaying its self, even at that, investors are not relenting as they are still trooping in.

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May 19, 2024, 05:54:21 PM
 #579

right, before the halving the price of bitcoin reached an ATH in the range of $73k, and maybe after the halving you and most people thought bitcoin would reach a much higher ATH. but in reality it is not like that because after the halving begins the price of bitcoin tends to fall and stabilize. When this thread was created maybe $100k seemed very achievable, but for now and in the near future $100k looks very difficult to achieve. We'll see until the momentum of this halving ends, whether Bitcoin can reach $100k or not.

People should not expect too much because if they don't get according to their expectations then they don't wait but sell due to panic but only those will know that the market will rise again who work according to their learning and expertise instead of expectations.

Although it is possible that Bitcoin will hit 100k$ but time predictions are not possible therefore keep holding if your target is 100k$ and keep calm because it will take time.
If you expect, you must aspire because that is how your future can be built. When your goals are high, your motivation is high which makes it easier for you to achieve them. If your goal is to not sell your holdings until the BTC price reaches $100k and continue to accumulate through the regular DCA method, you will have a target of holding more holdings that will make you more profitable. But BTC investors should aim for it regardless of the long-term holding value as the chances of profiting are multiplied.
Basically the range of investment targets and potential price rises is based on different levels, so currently the future price target for BTC is $100k within this year.

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May 19, 2024, 08:11:13 PM
 #580

right, before the halving the price of bitcoin reached an ATH in the range of $73k, and maybe after the halving you and most people thought bitcoin would reach a much higher ATH. but in reality it is not like that because after the halving begins the price of bitcoin tends to fall and stabilize. When this thread was created maybe $100k seemed very achievable, but for now and in the near future $100k looks very difficult to achieve. We'll see until the momentum of this halving ends, whether Bitcoin can reach $100k or not.
There is no guarantee that the Bitcoin price will go up immediately after the halving, but the market will gradually turn bullish. Regardless of the Bitcoin price every four years cycle will see large fluctuations in supply due to halving. We may currently see 70K or a bit lower but Bitcoin is slowly gaining strength. It may show a bullish movement this year or next year. I believe that by next year 2025 bitcoin will cross 100k price and may even go up to 150k. Moreover, many investors are entering the market through which the investment has increased especially effects of ETFs.

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