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Author Topic: Road to 100k?  (Read 2479 times)
famososMuertos
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March 11, 2024, 05:43:24 PM
Merited by JayJuanGee (1)
 #21

I think that first of all we have to review our history of thoughts, review where we were in our idea of ​​what we believed was going to happen, then make the corrections as such.

In my case, it is there in another post, I mentioned that bitcoin would reach the ATH in June, and I definitely have to be cautious in my decisions that were oriented towards that projection, since given what we are experiencing we are dealing with unpublished data.

At first glance and given how things are going, the Halving may be signaling the correction to a 6-figure ATH.


...//..:

There is no editing in this post, it is a prediction so let's clarify: yeah! june, 2024

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March 11, 2024, 05:56:39 PM
 #22

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?
Now the price has even passed more than $72K, which may soon be $73K. Because during the beginning of this month I also did not see any signs of a decline in Bitcoin prices so it could be quite possible for Bitcoin to continue moving upwards without stopping before the halving occurs this year. Apart from that, I also don't expect a major correction to get to $100K, because that could also happen without a correction in the Bitcoin price first. This is completely new history on Bitcoin that was created before the halving.

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March 11, 2024, 05:58:52 PM
 #23

Its passed the last ATH and I was right thats really not a solid wall to prevent price rising.   However I'm wrong in expecting a giant jump upwards, today the movement is a very nice rise but its a steady gain is this the result of multiple ETF buying I wonder.

Iam always happier when the price action shows a pullback with support confirmed and a positive resolution, well this happened just a week ago so I cannot complain at this point that we are positive and have dealt with negatives and various seller imbalance before moving upwards.

78k is the last target up I heard, the best guide now we are into unseen prices would be Fibonacci extensions which will go past 100% is estimating movements possible.


https://www.investopedia.com/terms/f/fibonacciextensions.asp

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March 11, 2024, 07:14:22 PM
 #24

Bitcoin price now = new ATH has become a milestone now.

Heading to $100K is a very possible expectation because before the halving alone bitcoin had reached an all-time high price, meaning hopefully we are not overdoing it in the prediction and it is still very possible to go to $150K.

About the decline we never know, but what we can do is take advantage of the discounted price because it has confidence by soaring so high it is not a problem if the price drops again and then strengthens again.

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March 11, 2024, 09:17:09 PM
 #25

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.
Price now playing above $72K and now everyone that was watching from a distance will be interested to buy.. which could actually trigger panic buying as everyone likes to see an open road to see where they are going with such an investment!!

I guess we really needed the Spot ETF approval to happen, which has brought some  serious momentum into the markets, despite a slow start which saw price dipping slightly...

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?
Unless we have some old time whales that haven't sold yet and plan on selling a tonne of coins around this price , otherwise the bullish pressure is overwhelming to entertain a decline in price even after a major sell.

R


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March 11, 2024, 11:43:57 PM
 #26

If you watch carefully you would understand that when bitcoin touches 50k it took some days to cross that price level meaning there was a resistance and even when it touches 60k we still observed same thing 72k won't be different, therefore in my speculation I am saying that bitcoin will witness a great decline within 65k to 70k for almost 20 days before hitting $100k and that would be under probability since halving is very next. The next I will love to say is that we shouldn't rely on the bitcoin sometimes it gives us heart attack if you don't hold any bitcoin or you are giving yourself much hope concerning the price so expect to see anything in price of bitcoin.

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March 11, 2024, 11:52:03 PM
 #27

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

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

It's unrealistic to think that there won't be declines or corrections in the market and it will keep going up continuously, however, we can't be sure about any major declines from this point onwards. To be honest, I was expecting Bitcoin to correct itself before reaching a new all-time high and I was expecting it to dip below $60k for at least once before it does it, but to my surprise, that didn't happen and here we are, at a new all-time high above $70k.

One this is for sure, there is no stopping for Bitcoin this time and though previously I wasn't optimistic about this, I would say that $100k sounds like a low target at this point and as it seems, Bitcoin is going to go way above that mark in this bull run.









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March 11, 2024, 11:54:29 PM
Merited by JayJuanGee (1)
 #28

Of course, it is not realistic that the price of Bitcoin will rise continuously from 70,000$ without any corrections. There will be a lot of corrections and it is normal to see a correction after every rise.

In my opinion, as I mentioned several times before, the correction is healthy and even necessary for the strong growth of Bitcoin. Without a correction occurring at every stage, this could be dangerous and cause a strong decline in Bitcoin. However, with continuous corrections, this will give greater strength to each new rise.

Also, do not expect Bitcoin's rise to continue forever. It must reach a peak and then begin to decline.

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March 12, 2024, 01:19:36 AM
 #29

Of course, it is not realistic that the price of Bitcoin will rise continuously from 70,000$ without any corrections. There will be a lot of corrections and it is normal to see a correction after every rise.

In my opinion, as I mentioned several times before, the correction is healthy and even necessary for the strong growth of Bitcoin. Without a correction occurring at every stage, this could be dangerous and cause a strong decline in Bitcoin. However, with continuous corrections, this will give greater strength to each new rise.

Also, do not expect Bitcoin's rise to continue forever. It must reach a peak and then begin to decline.
You not far from the truth, corrections are needed in the market, it happens to become the laid foundation to help strengthen Bitcoin price when touching new all time high. We can relate to how it all started and here we are making new price mark.
We may not see Bitcoin get exactly straight towards $100k just before the halving, we may get to $80k plus and that becomes the pick before the halving commences then few months into it, I believe we can then touch the price, in as much, we ought to espect market correction at any level.

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March 12, 2024, 01:54:06 AM
 #30

I believe a lot of people would realize their gains in the $75k to $80k mark, it's because it's appealing to have that kind of profit at that level and maybe of course, a lot of people have their buy levels ready as well so it would just make the market. It will not be a straight line above but it would reach higher and then $100k and beyond.
People who bought Bitcoin in the past years, days, have profit, 100%.
https://www.lookintobitcoin.com/charts/bitcoin-profitable-days/

It makes sense for people who bought Bitcoin in 2022, 2023 or previous years to take profit because they surely get good profit but for people who only bought Bitcoin in February to March, they will wait for bigger profit.

The party is only at its beginning.

Bitcoin will double its price soon.
https://casebitcoin.com/charts#doubling_time

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March 12, 2024, 02:14:12 AM
 #31

Bitcoin price has been relatively dynamic for a few days now. Currently, the price of Bitcoin has surpassed its all-time high. Now Bitcoin price is at 72000$. Which is currently more than all the records of Bitcoin. Bitcoin has an ATH. It seems natural for it to cross $100,000, with the halving still about 40 days away. But before that, we can see that the price of Bitcoin is currently at its best. But it is expected that within a few days it may be able to cross 100k $. But now it will be a little difficult to tell if Bitcoin will move from dynamic to stable. But since it's the time before the halving, we're more likely to expect this.
36 days left to enter the halving period, but Bitcoin has done something out of the ordinary, which usually happens after the halving period There is now it's early, what makes this happen?
I agree that the current condition of Bitcoin is the best and the trend continues to increase. Is it possible, as you say, that it could reach $100K before the halving period? There is always a long enough time available, and it is possible that Bitcoin will do this, but there will always be other possibilities, and it is also difficult to predict whether it will really be in a stable situation by waiting for an increase after the halving occurs.

Just enjoy the movement of Bitcoin, but the most surprising thing is that meme coins have an important role in a situation like this with a sharp increase.

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March 12, 2024, 02:39:18 AM
Merited by JayJuanGee (1)
 #32

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.
like what said above me ,its 72k and nearing 73k before it fell down again and now trying to break that 73-75k bitcoin price and like your excitement majority of us having
this same thoughts and waiting but don't  engage yourself thoroughly because changes may come any time as halving is still on the going.
Quote
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?
WRONG , Never EXPECT TOO MUCH because it will hurt you when failure comes mate, always consider sideways and also if  you are investor then you know that this will come and happen.

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March 12, 2024, 03:39:37 AM
 #33

Right now Bitcoins can go in any direction. Nothing can be predicted accurately. Many are saying Bitcoins might fall from now on, while many great traders have already predicted that 100k is the next target for the coins. As a trader if we want to get maximum profit then it’s better to accumulate the Bitcoins irrespective of the price. 100k is very close. So if we currently buy at 70k usd also, then definitely we can make 1.5x the profit. We just need to show trust in the coin.
It's hard to predict. This is outside what Bitcoin has done. Currently the trend is still continuing to increase, even though the halving period has just occurred more than a month ago, it is beyond what is usually done. I agree that measuring the accuracy of Bitcoin's current movement will be difficult, although some might say that it is inversely proportional to having a prediction that by the end of March it will reach $100K.

I think there are still many people speculating about continuing to buy and hoping to make a profit before the halving period is over, and that's natural because the increase is quite good.
But actually, the ones with the highest increase are coins that don't have potential and that's what's strange about crypto.

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March 12, 2024, 05:52:12 AM
 #34

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?
Frankly, before the halving, Bitcoin would rise in value so much that it would break its past all-time high and spawn a new ATH. Bitcoin future is very hard to predict at the moment. Over the past two months, there have been many changes in the Bitcoin price differential. I think bitcoin will reach $100k but I don't think it will reach $100k before bitcoin halving. Could probably go between $80k and $85k without a drop before the halving. But I am optimistic that it will definitely reach $100k in the next bull run after bitcoin halving. Of course we should hold on to our bitcoins, I hold on to mine.

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March 12, 2024, 05:59:22 AM
 #35

-snip-

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

It would be very possible for Bitcoin to reach $100k USD, but without a major price decline this would be quite difficult, considering that usually before or after a halving there will be a correction for Bitcoin before it can finally increase more. So it is very likely that we will experience a correction first before Bitcoin finally reaches that point.

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March 12, 2024, 06:07:01 AM
 #36

The halving hasn't happened yet so make sure that you're all prepared to do something that's in the realm of logic, it's going to be crazy for the market once it hits the 100k USD mark but we have to understand that there's no corrections that has happened yet which means that it's not good to do some kind of all in right now, DCA is still the best thing to do, don't want to end up putting all your money in fears of missing out and then the correction happens which would cause some if not all to panic and those panics most of the time translates to panic selling leading to a lot of losses. My point is that despite the positivity in the market that's happening and evident right now, it's imperative that we keep a cool head no matter what happens.



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March 12, 2024, 07:34:38 AM
 #37

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 knows what will happen next but even if there is a big drop, the $100k target will not change and what's more, bitcoin will surpass $100k to reach higher levels. Most of us rely on history to predict bitcoin price but this time history has been broken so what we can do now is continue to wait and hope. In addition, you also need to be careful not to be too subjective and too fomo. Bitcoin has been steadily rising to $70k, that doesn't mean it will rise to $100k without any hitches.

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March 12, 2024, 08:05:28 AM
 #38

but will it reach 100k without any major decline in price?
In my opinion (and take it for what it's worth; I've been wrong so many times it's unbelievable) there's going to be a dip, and probably a big one, well before $100k is reached.  But as I've been writing over and over, bitcoin's recent rise might evoke a feeling of euphoria in a lot of folks, but to me it's ominous.  Can you imagine if it actually hit the $100k milestone within a month?  There's no way in hell there wouldn't be a huge selloff and maybe even a crash worse than the last three or so since 2017.

Look, I'm rooting for bitcoin to arrive at the moon and do a little low-gravity dance, but what I'm seeing is price appreciation that's too much, too fast.

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March 12, 2024, 08:23:52 AM
 #39

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?

Currently Bitcoin price reaches 72k but it will never touch 100 before halving. Because if the price of Bitcoin rises rapidly before the halving, investors will not have an opportunity to invest, since we have a post-halving bull run waiting. So in 2025 the bull run Bitcoin price will reach the highest point that the past halving has seen. 2021 has proved that the price of Bitcoin has increased several times more than its past price. So I think the peak bitcoin price will reach in 2025.

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Uhwuchukwu53
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March 12, 2024, 09:52:19 AM
 #40

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

I think your correct because small obstacle as the ATH occur there is little slowdown that has not speed up though we strongly hope before the halving it may but the prediction is high for this year, if not achieve 2025 as you said can't escape the speculative figure of $100000 but if throughly it get to that this 2024, joy go increase because I will increase my holding.

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