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Author Topic: Road to 100k?  (Read 2417 times)
kro55
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March 12, 2024, 10:36:38 AM
 #41

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.

Not only you but most experienced investors are very cautious with bitcoin at the moment, most think there will be a big price drop that will cause bitcoin to fall to the 40k area before rising again and set new ATH. But have you ever thought that when everyone has that thought, bitcoin will continue to increase in price amid everyone's skepticism? The scenario is: bitcoin will continue to skyrocket to $100k and everyone will let their guard down and think that bull season has truly arrived. But that is when there will be a major price drop to bring bitcoin back to the $50k region.

A lot of people are worried because bitcoin is growing so fast, but I think it might be the opposite of what people think.

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March 12, 2024, 11:01:52 AM
 #42

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.

Not only you but most experienced investors are very cautious with bitcoin at the moment, most think there will be a big price drop that will cause bitcoin to fall to the 40k area before rising again and set new ATH. But have you ever thought that when everyone has that thought, bitcoin will continue to increase in price amid everyone's skepticism? The scenario is: bitcoin will continue to skyrocket to $100k and everyone will let their guard down and think that bull season has truly arrived. But that is when there will be a major price drop to bring bitcoin back to the $50k region.

A lot of people are worried because bitcoin is growing so fast, but I think it might be the opposite of what people think.
He should speak for himself. You meant experienced traders, not investors. Any experienced investor understands that so much will go on this year for bitcoin, the halving process, and achieving new ATH. That means for them to  buy bitcoin, they are ready that the price might drop at any point in time, but they are more concerned that the price will break $100k before the end of the year. This investor understands that there are better benefits that await them in the future. If you have been holding your coin for a long time, you don't want to bother about the pricing dropping next week or that. By 2025, bitcoin would be in another level.

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March 12, 2024, 11:44:09 AM
Merited by JayJuanGee (1)
 #43

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.

Not only you but most experienced investors are very cautious with bitcoin at the moment, most think there will be a big price drop that will cause bitcoin to fall to the 40k area before rising again and set new ATH. But have you ever thought that when everyone has that thought, bitcoin will continue to increase in price amid everyone's skepticism? The scenario is: bitcoin will continue to skyrocket to $100k and everyone will let their guard down and think that bull season has truly arrived. But that is when there will be a major price drop to bring bitcoin back to the $50k region.

For me it's better to just observed the market and be ready for any fall in price and then re-buy and continue to invest even if we enter the bull run or after the halving run. Market price is very volatile, there is no assurance that we might not see any correction. And this is the first time that we have seen new ath pre-halving, so it could be scary for some investors.

A lot of people are worried because bitcoin is growing so fast, but I think it might be the opposite of what people think.

Again, just be wary of what is happening and prepared for the worst. But don't take it negatively, look at the bright side, buy the dip and continue to accumulate. And then wait if we will reach $100k or not till 2025.

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March 12, 2024, 02:21:26 PM
 #44

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?
the speed of increment of Bitcoin in 2024 it is something high that we have never experienced in cryptocurrency, so it has happened like this in 2017 and The Letter the price of Bitcoin retrace where it started to increase at this moment that the price got to seventy thousand [70k] in value, I believe that cryptocurrency especially Bitcoin is having another shape since this year 2024, so we cannot think otherwise any longer concerning the increment of Bitcoin reaching one hundred thousand [100k] there is every tendency that the price might reach to the point of view of op, and we will not be surprised any longer for the price hits hundred thousand


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?
Do not expect the price to just be going higher. You can see when it reached all-time-high, it fall to $59100. When it reached $70000, it fall to around $62000. The thing is just hold until it get to $100000 even if there is any decline, the increase will be more.
everyone knows that the price of Bitcoin is unpredictable and what will normally do is assumption and the prediction into cryptocurrency especially Bitcoin so therefore it is obvious that we have never experienced bearish market or a barely season since this year started and what way have you been experiencing is a bullish market so it is possible that the market may reach to what op narrated or figures out.

It actually touched $72k as a new ATH just a few hours ago and suddenly dropped to $70k now it's recovering again.

$100k is too early I think we will see this price after the block halving not now maybe the next is going to break is $80k soon before the block halving.
eighty thousand and seventy thousand [80k/70k] even the one hundred thousand [100k] have something in common, provided that the price is not drop that much in value before it recover, that means their is every tendency or possibility that the price might hits hundred thousand [100k]  before December, because it seems that the price of bitcoin get to this point of value because of the adoption and if the adoption continues to be massive the price may hits to hundred thousand.

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.
I'm in support that price of bitcoin might be above hundred thousand, and my objective is that the price continue to accelerate and since it kickoff to accelerate it has not drop below three dollars and that is while I believe that price may reach op point of view, I know quite well that cryptocurrency Market and mostly bitcoin is unpredictable but the price of bitcoin this time astonished every investor for fast approach of its market increment.

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March 12, 2024, 03:58:34 PM
 #45

For me it's better to just observed the market and be ready for any fall in price and then re-buy and continue to invest even if we enter the bull run or after the halving run. Market price is very volatile, there is no assurance that we might not see any correction. And this is the first time that we have seen new ath pre-halving, so it could be scary for some investors.
Yeah, at the same time buying the dip is the most important part but we are not at the dip anymore, so all you can do is constantly keep buying whenever you get some money, that's how you should approach this in the end.

I believe that we are going to end up with a good return here and there, which should be the most important part. I get that people are not approaching things like they are the most valuable things, but that doesn't mean that we are going to end up with a great increase right away, so we still have time to buy some bitcoins. If we do that, from 70k to 100k means nearly 50% profit, and that is great for half a year time, and in half a year that could happen. This is why we should be considering investing even at this price.

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March 12, 2024, 05:38:44 PM
Last edit: March 12, 2024, 05:52:37 PM by EarnOnVictor
 #46

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?
Even yesterday when you made this post, Bitcoin still almost hit $73,000. This is the level I know it would hit before the end of this week and before the end of this month in extension, it might have hit $80,000 which is very close to the $100,000 that everyone is now expecting. However, contrary to your remark that history is happening again, you are wrong, no history is happening but Bitcoin has performed beyond the expectations of people. If you look at the history, you would realise that Bitcoin is doing entirely something else now than what it did in the past.

No one ever believed that Bitcoin would have breached its all-time high before the halving so no history is repeating in any form, but more surprises are happening and will happen more as Bitcoin ages more. One thing that is sure going forward is that Bitcoin is in its bullish season and it will maximise it as much as possible. I expect it to hit the much-expected $100,000 pretty soon and from there, it can launch higher. But I do not see it moving above $150,000 this season no matter how much it tries. What is helping it now is the strong FOMO sentiment, this was made possible before the halving expectation that couples with the ETF saga of the last half of last year. The ETF itself is not yielding fruit yet, but as the market psychology would have it, the FOMO it brought due to the huge long-term bullish trend caused by it will always attract more investors.

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March 12, 2024, 11:01:52 PM
 #47

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 have seen Bitcoin reach an all-time high of $73k. Bitcoin continues to make new highs, breaking the analysis of many in many ways. The way Bitcoin is starting to grow, it looks like Bitcoin will stay in the $80,000 range very soon. However, Bitcoin is expected to go higher from here without any major decline. If Bitcoin price goes to $100k before the bull season then I think Bitcoin price can go above $100k to $200k in a bull market. So hold on those who invested you will surely get more success.

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March 12, 2024, 11:17:14 PM
 #48

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 have seen Bitcoin reach an all-time high of $73k. Bitcoin continues to make new highs, breaking the analysis of many in many ways. The way Bitcoin is starting to grow, it looks like Bitcoin will stay in the $80,000 range very soon. However, Bitcoin is expected to go higher from here without any major decline. If Bitcoin price goes to $100k before the bull season then I think Bitcoin price can go above $100k to $200k in a bull market. So hold on those who invested you will surely get more success.

It was a surprised in the beginning when we reaches new all time high before the halving. And then there was the speculation that after that, we might see a huge correction. Unfortunately, those who have predicted it could be wrong though as we continue to march into the $70,000 range and still going up to this time.

But we will have to wait and see, let's say we will cross the bridge when we get there. So $100,000 is the next conservative estimates this year. But we're still very far from it. Although halving is coming next month, we should not get excited, this bull run will at least take us to next year 2025 and that's where the fun begins, everyone holding their breathe and continue to accumulate to get profits for our all time high in 6 figure.

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March 12, 2024, 11:30:12 PM
 #49

Great pullback occuring today, if that were to hold its very bullish in a similar fashion to what has happened previously.   A pullback is quite ironic, its improvement that looks like a worse price the point being that volume testing supporting resolved to continue upwards is far stronger then it would be untested.  Think of it as hammering a steel sword, better to test in the process then go ahead without ever resolving weakness and sellers in the price.  

Now we have seen support tested, if daily and weekly bar closes in a positive resolution then remain optimistic for further gains like 78k price target stated overhead.

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March 13, 2024, 09:23:12 AM
Last edit: March 13, 2024, 04:25:19 PM by BALIK
Merited by JayJuanGee (1)
 #50

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.

Not only you but most experienced investors are very cautious with bitcoin at the moment, most think there will be a big price drop that will cause bitcoin to fall to the 40k area before rising again and set new ATH. But have you ever thought that when everyone has that thought, bitcoin will continue to increase in price amid everyone's skepticism? The scenario is: bitcoin will continue to skyrocket to $100k and everyone will let their guard down and think that bull season has truly arrived. But that is when there will be a major price drop to bring bitcoin back to the $50k region.

For me it's better to just observed the market and be ready for any fall in price and then re-buy and continue to invest even if we enter the bull run or after the halving run. Market price is very volatile, there is no assurance that we might not see any correction. And this is the first time that we have seen new ath pre-halving, so it could be scary for some investors.

A lot of people are worried because bitcoin is growing so fast, but I think it might be the opposite of what people think.

Again, just be wary of what is happening and prepared for the worst. But don't take it negatively, look at the bright side, buy the dip and continue to accumulate. And then wait if we will reach $100k or not till 2025.

In investing, each person will have a different view and opinion about the market, we are all just giving our opinion about the market. And we all have no guarantee that our view of the market will be 100% correct. As investors, I think we should prepare for every possible situation. We still maintain our opinion, but that doesn't mean we will be subjective or not think about the opposite scenario. I think the hardest bear season is over and we have overcome it and the bull season is here, why do we continue to be afraid now?

Sexylizzy2813
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March 13, 2024, 02:42:52 PM
 #51

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're going to see Bitcoin price getting to $100k before the halving period but it all depends on the movement of Bitcoin price, I always use that to judge if Bitcoin price will get to an expected amount. Nobody believed it will get to $70k and now we're having Bitcoin price at $72k and is going up and down, at this early stage of this month of March it has been positive and I'm expecting $75k soon before getting to $80k and when that happens I see $100k+ coming up.

R


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Obim34
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March 13, 2024, 04:02:19 PM
 #52

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're going to see Bitcoin price getting to $100k before the halving period but it all depends on the movement of Bitcoin price, I always use that to judge if Bitcoin price will get to an expected amount. Nobody believed it will get to $70k and now we're having Bitcoin price at $72k and is going up and down, at this early stage of this month of March it has been positive and I'm expecting $75k soon before getting to $80k and when that happens I see $100k+ coming up.
I will not say or admit if the road towards Bitcoin hitting a $100k price value is or would be rough, rather it has ever been a smooth one, little corrections and in no time we are getting a new all time high. Many believed to see Bitcoin price increase getting towards the halving but not to this extent of setting a new price mark. We should be more confident to seeing Bitcoin increase above $75k up to $80k before the halving and we should aswell get more realistic to see the market experiencing deep corrections, taking more advantage of adding to our portfolio.

Sexylizzy2813
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March 13, 2024, 04:27:57 PM
 #53

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're going to see Bitcoin price getting to $100k before the halving period but it all depends on the movement of Bitcoin price, I always use that to judge if Bitcoin price will get to an expected amount. Nobody believed it will get to $70k and now we're having Bitcoin price at $72k and is going up and down, at this early stage of this month of March it has been positive and I'm expecting $75k soon before getting to $80k and when that happens I see $100k+ coming up.
I will not say or admit if the road towards Bitcoin hitting a $100k price value is or would be rough, rather it has ever been a smooth one, little corrections and in no time we are getting a new all time high. Many believed to see Bitcoin price increase getting towards the halving but not to this extent of setting a new price mark. We should be more confident to seeing Bitcoin increase above $75k up to $80k before the halving and we should aswell get more realistic to see the market experiencing deep corrections, taking more advantage of adding to our portfolio.

I believe that with or without any corrections as how we are getting a positive signal that's we're going to get a new ATH, $70k or $72k is not it yet, before the halving period a new record would be set. The market price is making a positive movement to a greater height in no time. Traders and investors as the case maybe are definitely going to make more profit in this halving more than the previous one and is only those who are willing to hodl that can have more profit but let's take it 1 step at a time to get to that $100k.

R


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Dailyscript
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March 13, 2024, 05:30:42 PM
 #54

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're going to see Bitcoin price getting to $100k before the halving period but it all depends on the movement of Bitcoin price, I always use that to judge if Bitcoin price will get to an expected amount. Nobody believed it will get to $70k and now we're having Bitcoin price at $72k and is going up and down, at this early stage of this month of March it has been positive and I'm expecting $75k soon before getting to $80k and when that happens I see $100k+ coming up.
I will not say or admit if the road towards Bitcoin hitting a $100k price value is or would be rough, rather it has ever been a smooth one, little corrections and in no time we are getting a new all time high. Many believed to see Bitcoin price increase getting towards the halving but not to this extent of setting a new price mark. We should be more confident to seeing Bitcoin increase above $75k up to $80k before the halving and we should aswell get more realistic to see the market experiencing deep corrections, taking more advantage of adding to our portfolio.
It isn't smooth, buddy. The fact that the price is rising significantly doesn't mean there won't be any bottom movement. Trust me, it has always happened in bitcoin history. Volatility is what happens every time. Sometimes you just see the price of bitcoin going up so fast and consistently, and you think nothing else will happen. Price will fall, and price will rise. If nothing like this ever happens, just know that there is something wrong.

Franctoshi
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March 13, 2024, 08:19:58 PM
 #55

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?
There have been numerous expectations on Bitcoin reaching to $100k per coin, sure if history repeats itself completely just as it has started already, $100k is a very achievable price for Bitcoin in the immediate short term, But I'm thinking that the smart money guys will tend to play around that zone because we will have so many sell pressure coming into play at that point, either it will not reach exactly and get a major correction just as we saw what happened when got to the previous ATH, if we are very close to the price before Halving, we'll not pass 100k and get a pullback.

R


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kawetsriyanto
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March 13, 2024, 08:33:55 PM
 #56

We have seen Bitcoin reach an all-time high of $73k. Bitcoin continues to make new highs, breaking the analysis of many in many ways. The way Bitcoin is starting to grow, it looks like Bitcoin will stay in the $80,000 range very soon.
Yep. According to CoinMarketCap, Bitcoin crossed $73k today. The highest price of Bitcoin today was $73,637. Currently, Bitcoin can survive around $73,100 - $73,300. I think we may have another pump to try crossing $75k if Bitcoin can survive above $73,000 in the next few hours. No doubt that Bitcoin price trend is very strong to continue growing quickly. I'm not sure if we will have $80k very soon, I still assume it should the price of Bitcoin when the halving will be happening.

However, Bitcoin is expected to go higher from here without any major decline. If Bitcoin price goes to $100k before the bull season then I think Bitcoin price can go above $100k to $200k in a bull market. So hold on those who invested you will surely get more success.
There should be a major decline in the next few weeks or months. I'm sure there will be a big dump if many people sell their Bitcoin during the halving. It is not very surprising if people will try to take profits as many as possible when the price can cross $80k. People who bought their Bitcoin at the price $20k - $30k may take profits earlier because they already feel satisfied with the profits.

By the way, we are already in the bullish season. Why do you think it is still not in the bull season yet?  Huh


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Obim34
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March 13, 2024, 10:47:12 PM
 #57

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're going to see Bitcoin price getting to $100k before the halving period but it all depends on the movement of Bitcoin price, I always use that to judge if Bitcoin price will get to an expected amount. Nobody believed it will get to $70k and now we're having Bitcoin price at $72k and is going up and down, at this early stage of this month of March it has been positive and I'm expecting $75k soon before getting to $80k and when that happens I see $100k+ coming up.
I will not say or admit if the road towards Bitcoin hitting a $100k price value is or would be rough, rather it has ever been a smooth one, little corrections and in no time we are getting a new all time high. Many believed to see Bitcoin price increase getting towards the halving but not to this extent of setting a new price mark. We should be more confident to seeing Bitcoin increase above $75k up to $80k before the halving and we should aswell get more realistic to see the market experiencing deep corrections, taking more advantage of adding to our portfolio.

I believe that with or without any corrections as how we are getting a positive signal that's we're going to get a new ATH, $70k or $72k is not it yet, before the halving period a new record would be set. The market price is making a positive movement to a greater height in no time. Traders and investors as the case maybe are definitely going to make more profit in this halving more than the previous one and is only those who are willing to hodl that can have more profit but let's take it 1 step at a time to get to that $100k.
It's compulsory to experience correction, it has always been that way and aswell makes the growth of Bitcoin more stable and probably able to withstand any form of resistance to reach a new price. The market now flows in a manner at which after every correction, we often get to hit new price mark. Already at $73k no much difference getting close to $80k and above, probably to $100k before or after the halving.

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're going to see Bitcoin price getting to $100k before the halving period but it all depends on the movement of Bitcoin price, I always use that to judge if Bitcoin price will get to an expected amount. Nobody believed it will get to $70k and now we're having Bitcoin price at $72k and is going up and down, at this early stage of this month of March it has been positive and I'm expecting $75k soon before getting to $80k and when that happens I see $100k+ coming up.
I will not say or admit if the road towards Bitcoin hitting a $100k price value is or would be rough, rather it has ever been a smooth one, little corrections and in no time we are getting a new all time high. Many believed to see Bitcoin price increase getting towards the halving but not to this extent of setting a new price mark. We should be more confident to seeing Bitcoin increase above $75k up to $80k before the halving and we should aswell get more realistic to see the market experiencing deep corrections, taking more advantage of adding to our portfolio.
It isn't smooth, buddy. The fact that the price is rising significantly doesn't mean there won't be any bottom movement. Trust me, it has always happened in bitcoin history. Volatility is what happens every time. Sometimes you just see the price of bitcoin going up so fast and consistently, and you think nothing else will happen. Price will fall, and price will rise. If nothing like this ever happens, just know that there is something wrong.
I know for sure we are going to see one big correction that may send more people into doubt but not undermining, would result to another great opportunity to accumulate even more Bitcoin.

Sexylizzy2813
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March 14, 2024, 06:50:16 AM
 #58

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're going to see Bitcoin price getting to $100k before the halving period but it all depends on the movement of Bitcoin price, I always use that to judge if Bitcoin price will get to an expected amount. Nobody believed it will get to $70k and now we're having Bitcoin price at $72k and is going up and down, at this early stage of this month of March it has been positive and I'm expecting $75k soon before getting to $80k and when that happens I see $100k+ coming up.
I will not say or admit if the road towards Bitcoin hitting a $100k price value is or would be rough, rather it has ever been a smooth one, little corrections and in no time we are getting a new all time high. Many believed to see Bitcoin price increase getting towards the halving but not to this extent of setting a new price mark. We should be more confident to seeing Bitcoin increase above $75k up to $80k before the halving and we should aswell get more realistic to see the market experiencing deep corrections, taking more advantage of adding to our portfolio.

I believe that with or without any corrections as how we are getting a positive signal that's we're going to get a new ATH, $70k or $72k is not it yet, before the halving period a new record would be set. The market price is making a positive movement to a greater height in no time. Traders and investors as the case maybe are definitely going to make more profit in this halving more than the previous one and is only those who are willing to hodl that can have more profit but let's take it 1 step at a time to get to that $100k.
It's compulsory to experience correction, it has always been that way and aswell makes the growth of Bitcoin more stable and probably able to withstand any form of resistance to reach a new price. The market now flows in a manner at which after every correction, we often get to hit new price mark. Already at $73k no much difference getting close to $80k and above, probably to $100k before or after the halving.


Which means it has to be done as quick as possible for us to get a new figure because we all have a target, an expectation on the market price. For almost 5 days if I'm not mistaken, we have been seeing the price running from $70-72k and currently we have Bitcoin price at $73k and it seems is going to be at that amount for the reminder part of this week before some how making a change and I don't think we should be bothered when we get this delay before moving to a new price. So $73k is going to be the amount we get to see for maybe 2 days or more before $74-77k comes in, but $80k+ must be achieved before end of the month.

R


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Alpha Marine
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March 14, 2024, 07:20:08 AM
 #59

Bitcoin is at 73k. That's a new ATH before the next halving and we're still approximately 36 days away from the next halving. In 36 days bitcoin might get to $80k. If it's such bullish before the halving, how do you think it would be in after the halving?
Right now bitcoin getting to $100k is almost certain.
I was doubtful about bitcoin getting to a $100k before the bull run, but now I am more than convinced. In fact, I even saw people that believed it would get to $200k as overreaching, but now I can see that there's a chance of bitcoin getting to $200k during this bull run or somewhere close to that number.
If the bull seasons continue till the end of the year, it would get to $200k.

R


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March 14, 2024, 03:38:04 PM
 #60

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're going to see Bitcoin price getting to $100k before the halving period but it all depends on the movement of Bitcoin price, I always use that to judge if Bitcoin price will get to an expected amount. Nobody believed it will get to $70k and now we're having Bitcoin price at $72k and is going up and down, at this early stage of this month of March it has been positive and I'm expecting $75k soon before getting to $80k and when that happens I see $100k+ coming up.
I am not sure if it will be before the halving, but I am sure that it will do fine. I get that it is not going to be easy, and I get that it will take some time, but at this point I think it's quite clear that we are going to be not really looking at it all that carefully.

I hope to see something changing, and for that to happen we are going to end up with a much larger situation. I know that we are going to have some trouble with corrections along the way as well so we need to be careful about it. Many things could go very wrong and this is why we believe that we are going to just assume things will change. I think the best thing to do in this case right now would be considering how to grow stronger eventually and be better.

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