Road to 100k?

[adultcrypto]

At present if one buys a dip the chances of loss is very low as many are buying dips with accumulated money. But buying the dip and waiting for a long time will certainly earn double the benefit, buying the dip at the present time and waiting for the next bull run to start. But among these, those who are interested in investing in Bitcoin with the DCA method are doing the best.

The market is complex and its left for everyone of us to study it and comprehend it to our strategies. Bitcoin on the road to $100k which will definitely happen but it do takes time. We understand bitcoin will continue to spot on limelight on influential whales and investors which will surround themselves with everything. Buying dips seems to be one of the most important action to take in the market but we should also watch out for the volatility that follows.

I don't think you need to dwell in the study of the market because in such academic exercise, you will never graduate so what is the point of the studies? Understanding the complex nature of the market and the futility of attempting to predict the market, it has been suggested that long time approach to bitcoin is the best way so that there will be no worry about what price will do in a short time.

It is important to know that it does not really require too much complex knowledge to start investing in bitcoin. In other words, you don't have to understand everything about the market and price movement, just the basic knowledge is fine to get an investor started provided the plan is to hold for a long time because that is where the main profit is.

[uneng]

It's early to talk about a road to 100,000$, but right now there might be road to 60,000$. Between highs and lows, Bitcoin is displaying a positive tendency on the last 24 hours. Support level seems to be increasing progressively, reaching new highs each new little dump along the day. Now Bitcoin has to recover the 59,000$ mark and get stable around that price, holding on against all the charges launched by the bears. Once Germany gets rid of their coins, things might start improving here, as it will be one less dumper to worry about.

[Popkon6]

It's early to talk about a road to 100,000$, but right now there might be road to 60,000$. Between highs and lows, Bitcoin is displaying a positive tendency on the last 24 hours. Support level seems to be increasing progressively, reaching new highs each new little dump along the day. Now Bitcoin has to recover the 59,000$ mark and get stable around that price, holding on against all the charges launched by the bears. Once Germany gets rid of their coins, things might start improving here, as it will be one less dumper to worry about.

One to two steps were sold by the USA government, the German government is gradually selling bitcoins. They are constantly sending their huge bitcoin reserves to bitcoin exchanges to get out of the dip. Although the Bitcoin market went up for a while it started dumping Bitcoins again, this July has been going like this. So once the German government gets rid of it, the Bitcoin market will surely go back to peak speed and hit the highest price ever.

[uneng]

One to two steps were sold by the USA government, the German government is gradually selling bitcoins. They are constantly sending their huge bitcoin reserves to bitcoin exchanges to get out of the dip. Although the Bitcoin market went up for a while it started dumping Bitcoins again, this July has been going like this. So once the German government gets rid of it, the Bitcoin market will surely go back to peak speed and hit the highest price ever.

It's possible Germany has already sold all or at least 90%-93% of the seized Bitcoins. There is a lot of speculation pointing on this direction.

Now the attention is going to the Mt. Gox redistribution. It's still unknown how it's going to affect the market. The redistribution itself isn't a big problem, because it's going to be made gradually, part of the funds are going to be paid in Bitcoin Cash, and not every coins are going to be dumped on the market.

On the other hand, people can get despaired by the news and then decide to sell, due to fear of a new crash. Trying to predict what is going to happen is making me lose sleep.

[Odohu]

It's early to talk about a road to 100,000$, but right now there might be road to 60,000$. Between highs and lows, Bitcoin is displaying a positive tendency on the last 24 hours. Support level seems to be increasing progressively, reaching new highs each new little dump along the day. Now Bitcoin has to recover the 59,000$ mark and get stable around that price, holding on against all the charges launched by the bears. Once Germany gets rid of their coins, things might start improving here, as it will be one less dumper to worry about.

You are obviously forgetting how volatile Bitcoin can be. Just one good positive news will send the price to the target of $100,000. I feel you are having a very short term view of Bitcoin because I believe that the later part of the year will be great for Bitcoin. If you had this thought too, you will not doubt the possibility of $100k.

Talking about $60k as target, that is just an hour movement for Bitcoin and it will be crushed. I have the strong feeling that $100k will be a possibility soon as we move towards September. My reason is the fact that despite the sells by German government, the price has recovered significantly within a short period meaning that the willingness of price to go higher is very strong. Even the combined effect of the news of Mt.Gox refund which was negative for Bitcoin still affected Bitcoin price yet it manages to recover to a great deal.

[Reincarnated Sat]

At present if one buys a dip the chances of loss is very low as many are buying dips with accumulated money. But buying the dip and waiting for a long time will certainly earn double the benefit, buying the dip at the present time and waiting for the next bull run to start. But among these, those who are interested in investing in Bitcoin with the DCA method are doing the best.

The market is complex and its left for everyone of us to study it and comprehend it to our strategies. Bitcoin on the road to $100k which will definitely happen but it do takes time. We understand bitcoin will continue to spot on limelight on influential whales and investors which will surround themselves with everything. Buying dips seems to be one of the most important action to take in the market but we should also watch out for the volatility that follows.

It is important to know that it does not really require too much complex knowledge to start investing in bitcoin. In other words, you don't have to understand everything about the market and price movement, just the basic knowledge is fine to get an investor started provided the plan is to hold for a long time because that is where the main profit is.

Yeah you are very correct, one don't need to have all the knowledge about Bitcoin before investing, all one need to kickoff the accumulation journey is the basic Bitcoin knowledge, However it is very important to also tell anyone going into Bitcoin about having a security, one needs to also secure his or her Bitcoin investment if not he or she will lose it, after starting the investment journey one needs to figure out his or her financial strength and fine a way to secure his or her investment by having a backup funds such as emergency, reserve and float funds.
A lot of newbie feels all they need is to only accumulate as many Bitcoin as possible without considering securing there investment and that is why is important to also let them no that as there are acquiring the little knowledge before starting there investment they should also learn always to secure there investment because securing the investment is as good as accumulating.

[Agbamoni]

It's early to talk about a road to 100,000$, but right now there might be road to 60,000$. Between highs and lows, Bitcoin is displaying a positive tendency on the last 24 hours. Support level seems to be increasing progressively, reaching new highs each new little dump along the day. Now Bitcoin has to recover the 59,000$ mark and get stable around that price, holding on against all the charges launched by the bears. Once Germany gets rid of their coins, things might start improving here, as it will be one less dumper to worry about.

Bitcoin cycle in 2021 came with a claim by the EOY that Bitcoin would reach 100k which it did not. Now the 2024 cycle is also repeating the same event which we ended up seeing that 100k might not be possible. We have come a long way which is 70k and it is so close to 100k. If we had bought from 2020 till now or 2021 that would be a lot of profit when it reaches 100k. However, buying at 60k or below is not a bad idea because last year we saw Bitcoin at 25k to 30k yet many did not buy expecting it to dip more.

Don't let the current price fluctuation deceive you from making such a mistake anymore. 60k is never a bad price to start buying because who knows the speculation may end up happening with Bitcoin crossing the 100k margin Which will leave a lot of investors with regrets. Hopefully we will learn from past mistakes.

[Pi-network314159]

It's early to talk about a road to 100,000$, but right now there might be road to 60,000$. Between highs and lows, Bitcoin is displaying a positive tendency on the last 24 hours. Support level seems to be increasing progressively, reaching new highs each new little dump along the day. Now Bitcoin has to recover the 59,000$ mark and get stable around that price, holding on against all the charges launched by the bears. Once Germany gets rid of their coins, things might start improving here, as it will be one less dumper to worry about.

I think we should not be much worried about bitcoin price right now, all we need now is accumulating more. The low price or volatility of bitcoin shouldn't give us concern that much, we have been there before both above and below, now Bitcoin price doesn't Frick us anymore. What we are move right now is buying the more because very soon that dick head called bitcoin would stand like a manhood that saw the nakedness of a lady lolz. Buy the dip and HODl and not looking at the market or speculation because sometimes it could be misleeding but we should focus and get sticked to our plans.

[Barikui1]

It's early to talk about a road to 100,000$, but right now there might be road to 60,000$. Between highs and lows, Bitcoin is displaying a positive tendency on the last 24 hours. Support level seems to be increasing progressively, reaching new highs each new little dump along the day. Now Bitcoin has to recover the 59,000$ mark and get stable around that price, holding on against all the charges launched by the bears. Once Germany gets rid of their coins, things might start improving here, as it will be one less dumper to worry about.

I think we should not be much worried about bitcoin price right now, all we need now is accumulating more. The low price or volatility of bitcoin shouldn't give us concern that much, we have been there before both above and below, now Bitcoin price doesn't Frick us anymore. What we are move right now is buying the more because very soon that dick head called bitcoin would stand like a manhood that saw the nakedness of a lady lolz. Buy the dip and HODl and not looking at the market or speculation because sometimes it could be misleeding but we should focus and get sticked to our plans.

Hahaha, you are very much funny man, am talking of the sentence I made bold, though it sounds really crazy, but it also very funny  and hilarious, then talking about what you rightfully said, I also share the same sentiment as you bro, I believe that with the kind of knowledge I have gotten from this forum about Bitcoin, it would be stupid of me to be panicking anytime their is a sudden decline in price of Bitcoin, because I am now aware that it will always rally back, and even better than before, so it would be very stupid of me to start panicking  anytime the price of Bitcoin dip, now I am more informed.

And another thing we shouldn't joke with as a Bitcoin investor is to seize every buying opportunities as long as you are a long term holder, wether it's a deep or not because what's make you profitable and successful on on the longer run is the stash of Bitcoin in your possession, so buying at any given opportunity is good, but if you have the opportunity to buy during the deep, it actually a bonus buy too me, that's why I prefer the DCA accumulating strategy, because it has proven to be the best in the accumulation of Bitcoin, so In essence is that, as long as you are a long term holder, it's actually pointless getting worried anytime their is a dip in price of Bitcoin, just as pi network has already said, it's just the perfect opportunity to buy aggressively if you have the financial leverage to do so.

[JeffBrad12]

It's early to talk about a road to 100,000$, but right now there might be road to 60,000$. Between highs and lows, Bitcoin is displaying a positive tendency on the last 24 hours. Support level seems to be increasing progressively, reaching new highs each new little dump along the day. Now Bitcoin has to recover the 59,000$ mark and get stable around that price, holding on against all the charges launched by the bears. Once Germany gets rid of their coins, things might start improving here, as it will be one less dumper to worry about.

right now as of writing this reply the price has recovered though it's rather slow recover but overall it's already good enough that we're finally back at around $60k level
only need to wait until bitcoin break resistance of $63k and we're in for another rally.

it seems history gonna repeat itself again for BTC, current chart looking so familiar with the chart in 2019 too if i'm not mistaken, the huge growth that comes after this correction is imminent.

[Rabata]

It's early to talk about a road to 100,000$, but right now there might be road to 60,000$. Between highs and lows, Bitcoin is displaying a positive tendency on the last 24 hours. Support level seems to be increasing progressively, reaching new highs each new little dump along the day. Now Bitcoin has to recover the 59,000$ mark and get stable around that price, holding on against all the charges launched by the bears. Once Germany gets rid of their coins, things might start improving here, as it will be one less dumper to worry about.

I think we should not be much worried about bitcoin price right now, all we need now is accumulating more. The low price or volatility of bitcoin shouldn't give us concern that much, we have been there before both above and below, now Bitcoin price doesn't Frick us anymore. What we are move right now is buying the more because very soon that dick head called bitcoin would stand like a manhood that saw the nakedness of a lady lolz. Buy the dip and HODl and not looking at the market or speculation because sometimes it could be misleeding but we should focus and get sticked to our plans.

Those who think excessively with bitcoin price will find it difficult to hold bitcoins. There are some investors who break out on a slight decline and expect more if there is a bullish trend one should refrain from being such an investor. You have to come to a decision yourself. As the Bitcoin price fluctuates, if an investor keeps changing his opinion then surely nothing good can be expected from that investment. A skilled and experienced investor wants to exploit every dip in Bitcoin. If an investor buys Bitcoin from every dip, he can be most profitable during Bitcoin's bullish period. In any case a holder should be given more importance in bitcoin Accumulation.

[uneng]

right now as of writing this reply the price has recovered though it's rather slow recover but overall it's already good enough that we're finally back at around $60k level
only need to wait until bitcoin break resistance of $63k and we're in for another rally.

it seems history gonna repeat itself again for BTC, current chart looking so familiar with the chart in 2019 too if i'm not mistaken, the huge growth that comes after this correction is imminent.

So nice to see Bitcoin back to the 60,000$'s today! The price is going upside and down, trying to surpass 60,300$ with some resistance, but as the hours are passing, the tendency indicates Bitcoin is getting more bullish yet! This week promises to be a good one for Bitcoin.

I hope you are right, and that we see the pattern repeating itself, bringing consistent gains for investors from now on in this halving year of 2024. Mt. Gox redistribution impact must be weaker than the one caused by German government, so I'm feeling more confident now.

[EclipseXcrypto]

It's early to talk about a road to 100,000$, but right now there might be road to 60,000$. Between highs and lows, Bitcoin is displaying a positive tendency on the last 24 hours. Support level seems to be increasing progressively, reaching new highs each new little dump along the day. Now Bitcoin has to recover the 59,000$ mark and get stable around that price, holding on against all the charges launched by the bears. Once Germany gets rid of their coins, things might start improving here, as it will be one less dumper to worry about.

The road to 100k doesn't mean its happening right away but this is speculating thread that suggests the possibilities of bitcoin attaining such a figure or reaching 100k in the near future.  Before now bitcoin price was above 60k and has set a new ATH aroun march but bitcoin is going through many market reaction despite that  Bitcoin is really displaying a positive tendency, on how it has been able to stand solid despite so many market circumstances and factors influencing changes e.g like German government selling off their holding causing panicking in the bitcoin world. It's extraordinary how bitcoin is showing resilience despite the challenges, we should be calm, stay focused on our accumulation and believing that potential of Bitcoin is capable reaching 100k in the near future.

It's early to talk about a road to 100,000$, but right now there might be road to 60,000$. Between highs and lows, Bitcoin is displaying a positive tendency on the last 24 hours. Support level seems to be increasing progressively, reaching new highs each new little dump along the day. Now Bitcoin has to recover the 59,000$ mark and get stable around that price, holding on against all the charges launched by the bears. Once Germany gets rid of their coins, things might start improving here, as it will be one less dumper to worry about.

right now as of writing this reply the price has recovered though it's rather slow recover but overall it's already good enough that we're finally back at around $60k level
only need to wait until bitcoin break resistance of $63k and we're in for another rally.

it seems history gonna repeat itself again for BTC, current chart looking so familiar with the chart in 2019 too if i'm not mistaken, the huge growth that comes after this correction is imminent.

Bitcoin is indeed reacting and showing a positive trend and has recovered from recent downturn is a great news. If bitcoin keep maintaining price it definitely be Similar to 2019.

[wxa7115]

edited

On the other hand, people can get despaired by the news and then decide to sell, due to fear of a new crash. Trying to predict what is going to happen is making me lose sleep.

Then don’t do so, while I consider an entertaining exercise to try to determine what bitcoin may do next, I do not follow on my own predictions, why? Because I would be bankrupt if I did so.

So regardless of what we think or what we do, bitcoin is going to move based on the demand and supply anyway, so let those powerful actors do their moves on the open or try to surprise everyone by doing those moves in secret, at the end once their stash of bitcoin runs out their power over it will diminish greatly and bitcoin will return to its former dynamic.

[Barikui1]

One to two steps were sold by the USA government, the German government is gradually selling bitcoins. They are constantly sending their huge bitcoin reserves to bitcoin exchanges to get out of the dip. Although the Bitcoin market went up for a while it started dumping Bitcoins again, this July has been going like this. So once the German government gets rid of it, the Bitcoin market will surely go back to peak speed and hit the highest price ever.

It's possible Germany has already sold all or at least 90%-93% of the seized Bitcoins. There is a lot of speculation pointing on this direction.

Now the attention is going to the Mt. Gox redistribution. It's still unknown how it's going to affect the market. The redistribution itself isn't a big problem, because it's going to be made gradually, part of the funds are going to be paid in Bitcoin Cash, and not every coins are going to be dumped on the market.

On the other hand, people can get despaired by the news and then decide to sell, due to fear of a new crash. Trying to predict what is going to happen is making me lose sleep.

No bro, their is no need to lose sleep, I have said it before, and am still going to say it again, it's actually pointless getting worked up anytime their is a decline in price of Bitcoin as a long term holder, because due to the high potential of Bitcoin, their is a very high possibilities that it can double or even triple it current price in five to ten years time from now, so what the reason getting worried?

I know that sometimes the dip might be too much but, that is were your knowledge and trust you have in Bitcoin comes into play, because you know how it will eventually play out on the longer run, so the best thing is to keep on holding and turns a blind eye to it regardless of the news out there, am very much confident in Bitcoin doubling or tripling it current price five to ten years time from now because I believe that the more it's been adopted, the more the value will keep on shooting up, so why getting worried on what's happening now? So I urge you to look at the bigger picture, than getting worried over nothing

[laijsica]

right now as of writing this reply the price has recovered though it's rather slow recover but overall it's already good enough that we're finally back at around $60k level
only need to wait until bitcoin break resistance of $63k and we're in for another rally.

it seems history gonna repeat itself again for BTC, current chart looking so familiar with the chart in 2019 too if i'm not mistaken, the huge growth that comes after this correction is imminent.

So nice to see Bitcoin back to the 60,000$'s today! The price is going upside and down, trying to surpass 60,300$ with some resistance, but as the hours are passing, the tendency indicates Bitcoin is getting more bullish yet! This week promises to be a good one for Bitcoin.

I hope you are right, and that we see the pattern repeating itself, bringing consistent gains for investors from now on in this halving year of 2024. Mt. Gox redistribution impact must be weaker than the one caused by German government, so I'm feeling more confident now.

The price of Bitcoin goes down temporarily, which is generally what people should take as a positive and consider it an opportunity to buy and increase their buying to higher levels. Basically the increase in the value of Bitcoin is an incentive for them to get more profit. Overall you should tend to increase the size of your holdings and accumulate for longer periods which will allow you to make huge profits. Bitcoin price recovery has already started showing increased profits from buying dips. An experienced investor increases his expected Bitcoin accumulation from each dips which drives him to buy during bullish period. Standard Chartered said in their survey that the price of Bitcoin could reach $150K by the end of 2024 and $250K in 2025. Although these are assumptions you need to be more focused to increase your Bitcoin holdings which can multiply your capital. I think that if their predictions are even partially true Bitcoin could go over $100K. No matter what Mt. Gox does Bitcoin price appreciation process has already started and its price can recover as well as cross the ATH and this has been proven every time.

[Taskford]

One to two steps were sold by the USA government, the German government is gradually selling bitcoins. They are constantly sending their huge bitcoin reserves to bitcoin exchanges to get out of the dip. Although the Bitcoin market went up for a while it started dumping Bitcoins again, this July has been going like this. So once the German government gets rid of it, the Bitcoin market will surely go back to peak speed and hit the highest price ever.

It's possible Germany has already sold all or at least 90%-93% of the seized Bitcoins. There is a lot of speculation pointing on this direction.

Now the attention is going to the Mt. Gox redistribution. It's still unknown how it's going to affect the market. The redistribution itself isn't a big problem, because it's going to be made gradually, part of the funds are going to be paid in Bitcoin Cash, and not every coins are going to be dumped on the market.

On the other hand, people can get despaired by the news and then decide to sell, due to fear of a new crash. Trying to predict what is going to happen is making me lose sleep.

No bro, their is no need to lose sleep, I have said it before, and am still going to say it again, it's actually pointless getting worked up anytime their is a decline in price of Bitcoin as a long term holder, because due to the high potential of Bitcoin, their is a very high possibilities that it can double or even triple it current price in five to ten years time from now, so what the reason getting worried?

I know that sometimes the dip might be too much but, that is were your knowledge and trust you have in Bitcoin comes into play, because you know how it will eventually play out on the longer run, so the best thing is to keep on holding and turns a blind eye to it regardless of the news out there, am very much confident in Bitcoin doubling or tripling it current price five to ten years time from now because I believe that the more it's been adopted, the more the value will keep on shooting up, so why getting worried on what's happening now? So I urge you to look at the bigger picture, than getting worried over nothing

There's no need to lose sleep since we could just monitor any activities happening in crypto space from time to time. We need to rest since that could clear up our mind to do more better decision. Having restless because you are trying to predict any unnecessary things will night cause them up to do wrong decision since for sure that with that state they will be out of focus.

Even do we are aiming to have profits and try to seek opportunity on each situation still we should prioritize our health. Since our gains will became nothing if our health is compromise due to lack of sleep. Since that could bring a lot of complication so prioritize sleep over anything since its good to take profit on our long term investment while we are healthy and capable to invest back also enjoy the profits we get from our investment done with bitcoin. So do better more decisions and avoid worrying on things that didn't happened yet.

[As-Soon-As]

Currently the dip is going on, so we shouldn't be researching prices, we should be hoarding bitcoins. Because if we accumulate bitcoins now, we will benefit later because if we accumulate bitcoins now, we will be able to accumulate more bitcoins later. We will only think about how to accumulate bitcoins, because the price that bitcoins are now is what it was in the past. 

So the Bitcoin price won't bother us, and we won't be bothered by it either. Because the price of Bitcoin will hit even higher levels in the future, it is most important for us to accumulate Bitcoins and plan long-term holdings.

[Reincarnated Sat]

Currently the dip is going on, so we shouldn't be researching prices, we should be hoarding bitcoins. Because if we accumulate bitcoins now, we will benefit later because if we accumulate bitcoins now, we will be able to accumulate more bitcoins later. We will only think about how to accumulate bitcoins, because the price that bitcoins are now is what it was in the past. 

So the Bitcoin price won't bother us, and we won't be bothered by it either. Because the price of Bitcoin will hit even higher levels in the future, it is most important for us to accumulate Bitcoins and plan long-term holdings.

Yeah you are right, we don't need to worry about the dip all we should be concern about now is accumulating consistently, Bitcoin has not reached half of it's growth so there's no need to be afraid, some people stops accumulating as soon as there's a dip because of fear, I no of someone that always stopped accumulation when there's a dip in Bitcoin he feels Bitcoin will fall one day and never rise and such mindset will always lead us not achieving anything good in Bitcoin investment and I feel anyone who is into Bitcoin investment and still has this fear didn't do much research about Bitcoin he don't know anything about Bitcoin it's track record and history.

I will always advise any one joining Bitcoin investment newly to try and know Bitcoin history and it's track record it helps to give confident and removes fear, anyone with good knowledge about Bitcoin will know there's nothing to fear, any one going into Bitcoin should carry the mindset of a long term investment.
I'm not saying you must know everything about Bitcoin after getting the basic knowledge about it and you start the investment trying to know more about Bitcoin so as to remove fear and build confident, after I went through Bitcoin history and track record I knew Bitcoin investment has no risk if you are into a long term investment.

[adultcrypto]

Currently the dip is going on, so we shouldn't be researching prices, we should be hoarding bitcoins. Because if we accumulate bitcoins now, we will benefit later because if we accumulate bitcoins now, we will be able to accumulate more bitcoins later. We will only think about how to accumulate bitcoins, because the price that bitcoins are now is what it was in the past. 

I think we are out of the dip because the things that caused the dip have all dissipated and price already recovering. As of now bitcoin is at $63k from the low of $53k which is a significant recovery. I agree with you that now is not the time to analyze but a time to take actions because the Road to $100k is becoming clearer now than ever. Many people doubted but the present market behavior should have cleared their doubts. Anyone not taking advantage of the low prices now is definitely not doing the right thing and that is rather unfortunate.

So the Bitcoin price won't bother us, and we won't be bothered by it either. Because the price of Bitcoin will hit even higher levels in the future, it is most important for us to accumulate Bitcoins and plan long-term holdings.

Yea we don't dwell so much in the bitcoin price but then it feels good buying at lower prices only to see your portfolio in profits after some time. I am glad I was able to take advantage of the dip to fill my bad a little. Now those bitcoin I bought that period are in good profits now and I am optimistic that we are going to see the $100k target before the end of the year or at least early next year. Anyways, price can still do what it wants and I am prepared for every scenario the market present because I am playing for long time.