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Author Topic: Road to 100k?  (Read 3037 times)
Obim34
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March 14, 2024, 06:23:21 PM
 #61

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.
It's already happening, we can see the correction, Bitcoin dropping from price $73k to $69k withing a limited time gap. We should be getting ready to witness another new price mark once we get out of this correction, we may touch the $80k price value in no distant time. The correction is a building block to achieving another whole new all time high.

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March 14, 2024, 06:41:57 PM
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 #62

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.
It's already happening, we can see the correction, Bitcoin dropping from price $73k to $69k withing a limited time gap. We should be getting ready to witness another new price mark once we get out of this correction, we may touch the $80k price value in no distant time. The correction is a building block to achieving another whole new all time high.

If that were true, then people really wouldn't sell them but would buy a lot. The problem is that no one knows whether this is a correction that will continue or just a short correction before the price finally tests new resistance above $73k. All possibilities will exist and you have to consider them wisely, but you definitely don't need to worry if you have long-term targets with bitcoin right now. The current correction is an opportunity for accumulation, it is hoped that it will provide many returns in the long term.

I don't think $80k will be touched before the halving because now we are already too high compared to previous halving history. A correction is much more likely than reaching a higher ATH, but I could be wrong as the current market sentiment is very positive making the price even more difficult to predict.

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March 14, 2024, 06:45:19 PM
 #63

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.
I don't understand what you mean by Bitcoin reaching 100k before the bull season, I mean what season will you then classify this now. I like to believe that we are already in the bull market and thats why the price is making massive progress and it's very clear also because other coins too have all started pushing up. Although I think I understand the reason why you feel this isn't yet a bull season, is it because the halving isn't here yet? Well one thing about Bitcoin price movement is that it's volatile and completely understanding it is almost impossible.

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March 14, 2024, 07:23:03 PM
 #64

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.
I don't understand what you mean by Bitcoin reaching 100k before the bull season, I mean what season will you then classify this now. I like to believe that we are already in the bull market and thats why the price is making massive progress and it's very clear also because other coins too have all started pushing up. Although I think I understand the reason why you feel this isn't yet a bull season, is it because the halving isn't here yet? Well one thing about Bitcoin price movement is that it's volatile and completely understanding it is almost impossible.
Maybe he meant that before the halving it was not fully bullish.
Yes we are at the beginning of a bull market that continues to increase especially this is not yet a halving event so bullish has entered earlier that we even bitcoin has a new ATH.
But by doing technical analysis can help see the price movement of bitcoin even though it will not be entirely correct, but we know as long as it is in a bull market the price of bitcoin will definitely continue to rise and grow rapidly.

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March 14, 2024, 07:31:57 PM
 #65

~
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?
Just a few hours ago, we've seen a major drop in the crypto market. We've seen Bitcoin dropped below $70,000 and currently at $69,731.83 based on Coingecko.
TBH, I expected for a correction after we've seen consecutive price increases on the price of Bitcoin.

We all have high expectations that Bitcoin will reach $100,000 anytime during the bull run, but don't expect that it will be a smooth ride. Expect some price corrections. Maybe not major decline in prices like a double-digit percentage drop, but at we will see some market corrections along the way. I don't think that Bitcoin will stay below $70,000 for quite some time since I see that price as a psychological support already, but if it does happen then at least the market is giving those investors another opportunity to buy Bitcoin again at a lower price.

Take note that dips = opportunities. Market corrections = opportunities for investors to buy even more in preparation for the bull run.

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March 14, 2024, 08:21:54 PM
 #66

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.

Yes I so believe on this your too early though the move is  significant one but have seen the force to move it as to attain $100000 though all speculation may work before the halven but for those who rely much $100000 should monitor the movement well.

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March 14, 2024, 09:21:31 PM
 #67

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.
It's already happening, we can see the correction, Bitcoin dropping from price $73k to $69k withing a limited time gap. We should be getting ready to witness another new price mark once we get out of this correction, we may touch the $80k price value in no distant time. The correction is a building block to achieving another whole new all time high.

If that were true, then people really wouldn't sell them but would buy a lot. The problem is that no one knows whether this is a correction that will continue or just a short correction before the price finally tests new resistance above $73k. All possibilities will exist and you have to consider them wisely, but you definitely don't need to worry if you have long-term targets with bitcoin right now. The current correction is an opportunity for accumulation, it is hoped that it will provide many returns in the long term.

I don't think $80k will be touched before the halving because now we are already too high compared to previous halving history. A correction is much more likely than reaching a higher ATH, but I could be wrong as the current market sentiment is very positive making the price even more difficult to predict.
One of the things that people would really be having in mind is on that correction on which we know that this is something that cant really be determined on when it would happen and this is the main thing on where
investors or traders would really be trying out to consider before making that all in invest or DCA on which we know that we are still on pre-halving period on which we cant really be able to tell on when it would happen.

Pretty sure that people are really that be skeptical on buying on the current prices considering that new ATH's have been made through but not really that too far off with the previous ones on which it would really be normal that there would really be some sort of those questions in mind on when the correction do happen? We've seen the price had made out some rally and bullish movement quite a while now on which it would really be that normal that giving out that kind of vibes that correction is really that next in line.

$100k? I should say that it is really that inevitable but we should be minding first about +10k increments breaking out resistances like 80k-90k-100k.
For sure this wont really be a smooth ride.

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March 14, 2024, 10:36:26 PM
 #68

It's already happening, we can see the correction, Bitcoin dropping from price $73k to $69k withing a limited time gap. We should be getting ready to witness another new price mark once we get out of this correction, we may touch the $80k price value in no distant time. The correction is a building block to achieving another whole new all time high.

I never saw Bitcoin going back down to $69k all the way from $73k and if the correction has been made why going back to an amount we have left few weeks ago? Is some how not approaching the expected amount to me. But I still hope to witness a surprising amount like you said, if we get to see the market price still at $73k till tomorrow and not going back down to $72k or $71k then it would be a step up to either $74-75k or even above that, but for now the market price is a bit slow.

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March 14, 2024, 10:52:10 PM
 #69

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?
$100k is possible to reach, but too early to say for now. As the price after reaching the new ath had a correction (though it's just moving in range of $70k - $72k). Many of us are bullish that the price can go higher than what it was currently and it might happen after bull run. Well, only time can tell because anything is still possible.

Anyway, it's better to be prepared and focus on how you can take advantage the price for your own benefit.

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March 14, 2024, 11:04:32 PM
 #70

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?
$100k is possible to reach, but too early to say for now. As the price after reaching the new ath had a correction (though it's just moving in range of $70k - $72k). Many of us are bullish that the price can go higher than what it was currently and it might happen after bull run. Well, only time can tell because anything is still possible.

Anyway, it's better to be prepared and focus on how you can take advantage the price for your own benefit.

I believe so sure when it is already $72k today's  chart how much more days to come definitely we are heading to $100k already we are running higher and higher every day BTC all the way ....
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March 14, 2024, 11:13:03 PM
 #71

I believe so sure when it is already $72k today's  chart how much more days to come definitely we are heading to $100k already we are running higher and higher every day BTC all the way ....
Bitcoin has that potential to go to 100k and we expect Bitcoin to go to this price one day and turn our expectations into reality. And we have come a long way to see that, which can be understood by looking at the Bitcoin market. However, as everyone in the Bitcoin market now expects Bitcoin to go to this level quickly, it occurs to me that when the majority thinks in one direction, the market reacts in the opposite direction. So in the short term we may see high volatility in the market so that Bitcoin gets a base for its next move.

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March 15, 2024, 01:34:25 AM
 #72

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.
Actually, bitcoin does that continuously and has nothing to do with when it reaches ATH. Every time bitcoin increases and is corrected, it will continue to stagnate for a while at a price that cannot yet be passed, but once it has passed it will increase quite sharply, the same as now. This is difficult for Bitcoin to reach $74K, this is a crucial figure that must be passed, so Bitcoin will move up to $80K.

It's still quite a long time into the halving period, and there will always be surprises that occur, whether it will continue to increase or whether there will be a correction. If it continues to increase, then $100K will be reached quickly, but it could also result in an accelerated renewable ATH being formed this year, not next year. We'll see.

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March 15, 2024, 11:51:31 AM
 #73

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.
It's still quite a long time into the halving period, and there will always be surprises that occur, whether it will continue to increase or whether there will be a correction. If it continues to increase, then $100K will be reached quickly, but it could also result in an accelerated renewable ATH being formed this year, not next year. We'll see.
Predicting the price of Bitcoin is actually a bit difficult. But maybe a slight drop for correction...it won't last, the red bull running is unstoppable. We may see many more ATH this year. It's time to buy the DIP.

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March 15, 2024, 12:43:37 PM
 #74

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?

Lets share the status of Bitcoin now https://coinmarketcap.com/currencies/bitcoin/ while I
believe bitcoin will hitting 100k , but the question here is when this will take place or happen, because
the more we expect is the more we fail mate.and as you are asking about decline ?seems that we are
having it now.

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March 15, 2024, 12:59:58 PM
 #75

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?

Lets share the status of Bitcoin now https://coinmarketcap.com/currencies/bitcoin/ while I
believe bitcoin will hitting 100k , but the question here is when this will take place or happen, because
the more we expect is the more we fail mate.and as you are asking about decline ?seems that we are
having it now.

Today bitcoin fell from $73k to $65k and my estimate is 8%-10%, is that considered major decline? To me, bitcoin can increase 10%-20% in 1 day, so if it drops 10% it's not too terrible for us to panic. We cannot expect bitcoin to go from $70k$ to $100k$ without any minor correction, no financial market or asset can do that and bitcoin is no exception. When bitcoin drops 30-50%, those are really significant corrections for us to pay more attention to, IMO.

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March 15, 2024, 03:28:54 PM
 #76

I believe that during the summer people will probably take a break. Think of it like summer vacation, which is not really unreal because many people do take vacations, money markets are not usually as crowded during summer as it is during winter and spring. So, I am assuming that 100k will not happen during the summer.

But, people who realize they spent a lot during the summer will come back during September (maybe late august) to realize that what they did was actually not a good idea and they will end up with something much worse. I think it is going to be a lot better and a lot more higher than 100k during those periods. Maybe it won't be September, but it will start to go up there, and peak at October or November. That could be a possibility.

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March 15, 2024, 03:43:17 PM
 #77

Lets share the status of Bitcoin now https://coinmarketcap.com/currencies/bitcoin/ while I
believe bitcoin will hitting 100k , but the question here is when this will take place or happen, because
the more we expect is the more we fail mate.and as you are asking about decline ?seems that we are
having it now.

Today bitcoin fell from $73k to $65k and my estimate is 8%-10%, is that considered major decline? To me, bitcoin can increase 10%-20% in 1 day, so if it drops 10% it's not too terrible for us to panic. We cannot expect bitcoin to go from $70k$ to $100k$ without any minor correction, no financial market or asset can do that and bitcoin is no exception. When bitcoin drops 30-50%, those are really significant corrections for us to pay more attention to, IMO.
Anyone who panics for the retracement we are seeing in the market does not really understand how the Bitcoin price moves. In every bull market, there will always be some minor corrections such as we have now where price has now corrected up to 8%. This is too insignificant to make us panic or conclude that we have now entered bear market. A volatile asset like Bitcoin can correct as much as 20% to 30% and still recover quickly to continue the predominant movement. Understanding this reality will help give the investor the much needed peace of mind while Bitcoin to do its thing. There is halving happening soon, a huge positive news that is expected to make Bitcoin price rise higher. Anyone panicking now because of the little retracement have to understand that the bull market is far from being over.

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March 15, 2024, 04:55:50 PM
 #78

It's still quite a long time into the halving period, and there will always be surprises that occur, whether it will continue to increase or whether there will be a correction. If it continues to increase, then $100K will be reached quickly, but it could also result in an accelerated renewable ATH being formed this year, not next year. We'll see.
A new ATH has indeed been formed this year before the halving, but for the next price increase in Bitcoin, I think it is certainly difficult to predict. Although the potential for a general increase in price is still possible, judging from the amount of demand which is still quite high in Bitcoin at the moment and now Bitcoin's journey to get to $100K seems to be a reality even though Bitcoin still has to cross several unusual price levels to get there.

Predicting the price of Bitcoin is actually a bit difficult. But maybe a slight drop for correction...it won't last, the red bull running is unstoppable. We may see many more ATH this year. It's time to buy the DIP.
The opportunity is still very wide open and now it must be utilized very well because today there is a slight price correction that has been seen in the Bitcoin market. I also think that this will not last long with Bitcoin because the potential price increase will continue for the next price level such as $75K to $100K. But I also don't know whether that will happen before the halving.

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March 15, 2024, 05:47:43 PM
 #79

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?
Expecting continued improvement without any decline is rare to my knowledge. The increase that we have felt so far has stopped. The rate of increase graph may have been interrupted today which can be expected until the halving.

Bitcoin price is now $68k. It could be that the previous ATH of $69k will be the latest support price for the next increase which will reach $100k.
This decline will be a new hope for investors to put more Bitcoin into savings.
If the price continues to decline to below $60k but we don't try to have more than the current amount, when it re-enters the rise, the hope of enjoying big profits is a thing of the past.

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March 15, 2024, 08:12:13 PM
 #80

If that were true, then people really wouldn't sell them but would buy a lot. The problem is that no one knows whether this is a correction that will continue or just a short correction before the price finally tests new resistance above $73k. All possibilities will exist and you have to consider them wisely, but you definitely don't need to worry if you have long-term targets with bitcoin right now. The current correction is an opportunity for accumulation, it is hoped that it will provide many returns in the long term.

I don't think $80k will be touched before the halving because now we are already too high compared to previous halving history. A correction is much more likely than reaching a higher ATH, but I could be wrong as the current market sentiment is very positive making the price even more difficult to predict.
One of the things that people would really be having in mind is on that correction on which we know that this is something that cant really be determined on when it would happen and this is the main thing on where
investors or traders would really be trying out to consider before making that all in invest or DCA on which we know that we are still on pre-halving period on which we cant really be able to tell on when it would happen.

Pretty sure that people are really that be skeptical on buying on the current prices considering that new ATH's have been made through but not really that too far off with the previous ones on which it would really be normal that there would really be some sort of those questions in mind on when the correction do happen? We've seen the price had made out some rally and bullish movement quite a while now on which it would really be that normal that giving out that kind of vibes that correction is really that next in line.

$100k? I should say that it is really that inevitable but we should be minding first about +10k increments breaking out resistances like 80k-90k-100k.
For sure this wont really be a smooth ride.

It is reasonable to be skeptical that people will not buy around the ATH even if they want to accumulate. Personally I probably won't, but it's more likely to wait for a correction before I accumulate. The opportunity will come to buy at a price below the ATH, even today the opportunity is there if I want to do it.

Today Bitcoin experienced very high volatility where the price was corrected to $65k then recovered to $70k and fell again to $67k. Obviously this will affect some people's emotions and plans for the assets they hold, but the best thing right now is accumulation rather than panicking to get out and sell assets. We'll get strong hands holding, while weak ones will sell in panic.

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