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Author Topic: Road to 100k?  (Read 3972 times)
MFahad
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March 15, 2024, 09:09:03 PM
 #81

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.

There is no doubt about that because we can't expect the market to keep going up straight without any dips or corrections because that is now how a volatile market works and we should expect both ups and downs in the prices of different cryptocurrencies.
Bitcoin has surprised the whole market with its current run to almost $74k because most people weren't expecting it to even get to $60k before the halving event which is yet to come but it managed to cross $74k which makes it more evident that the market in this cycle will probably go way higher than the previous bull run.









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March 15, 2024, 11:55:10 PM
 #82

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.
Bitcoin is currently priced at &69k and I have this feeling that it will drop again but most likely won’t never go below &60k. This is a sign that we are heading for a bigger price and a new all time high after this, so we should get ready with it. However, instead of worrying about the price getting low, why not grab the opportunity of buying low and maximize the purchase. This won’t take too long and we will see bitcoin price skyrocketing again.

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March 16, 2024, 01:20:44 AM
 #83

Bitcoin is currently priced at &69k and I have this feeling that it will drop again but most likely won’t never go below &60k. This is a sign that we are heading for a bigger price and a new all time high after this, so we should get ready with it. However, instead of worrying about the price getting low, why not grab the opportunity of buying low and maximize the purchase. This won’t take too long and we will see bitcoin price skyrocketing again.
agreed with this probably gonna be dropping a bit but I know for a fact that the drop won't be that much either, its probably only drop to $50k worst case scenario for accumulation it probably gonna take few weeks before starting taking off again you know the price needs to consolidate at some point and thats right as you said instead of focused on the price itself since its already dropping a little bit anyway it might be better chance for investing since i've seen many thread talking about whether they are too late.

talking from the past experiences is, its only too late when the price is already going up too high that people are dumping their coin but then again even those people that are buying at all time high with just waiting could escape from their loss and instead made quite the profit, crypto is a game of timing and waiting.
but if anyone worried about investing when price already went above $60k thats up to them.

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March 16, 2024, 05:02:28 AM
 #84

Even though after the release of the US inflation data it caused the market to waver, the average market was dumping because they were worried that their assets would fall again, but the selling pressure was still normal, but in general the F&G Index was still good and at its peak level.

Yes. The enthusiasm Road to 100K will no longer waver in the future and it is likely that the market will continue to rise, coupled with more and more coming to the market, especially with the opening of the Spot ETF which is another entry point so that the prospect of BTC prices will be further pushed upwards.

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March 16, 2024, 05:34:03 AM
 #85

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.
Seeing Bitcoin at $67k, most people are already scared and wondering how DIP the market has gone from $73k to what it is now, which it doesn't call for becoming worried, likely we should have expected something much like this to happen, the road to $100k is smooth but aswell not that much smoother than we expected. Market corrections like this are bound to happen, to help strengthen the price movement during the pump to making all time high.

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March 16, 2024, 06:19:06 AM
 #86

Last two days correction after dropping under $67k bitcoin have slowly recovery and back to $69k, its close with bitcoin road to $100k before few weeks later halving moment. Little shocked last day when bitcoin price dropping drastically after raising new all time high above $73k and dropping drastically.
Usually after correction moment bitcoin will back to the higher price and waiting few moment awhile break out more than the last all time high price, I think if bitcoin can't break out to $100k before halving seems very difficult to raise that price after halving.
Almost investors already for selling their bitcoin when halving moment over and waiting bitcoin correction after halving time, this my speculation based on last several halving edition and bitcoin crash after halving moment.

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March 16, 2024, 09:54:25 AM
 #87

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.
Seeing Bitcoin at $67k, most people are already scared and wondering how DIP the market has gone from $73k to what it is now, which it doesn't call for becoming worried, likely we should have expected something much like this to happen, the road to $100k is smooth but aswell not that much smoother than we expected. Market corrections like this are bound to happen, to help strengthen the price movement during the pump to making all time high.

Nah, I don't think we need to be scared of this dip, $67k is still big pre-halving price though, although we have reach $73k but what we are seeing is just another correction. It is bound to happen and it's good though so that we can get back in the market at this dip.

So far it has bounce back, I wouldn't be surprised that by Monday or next week we will be back to $70k and then the bulls going to push it as high as they can. Institutional money and obviously retail as the one pouring everything. We just had to take a break this weekend, that's it.

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March 16, 2024, 10:17:53 AM
 #88

Usually after correction moment bitcoin will back to the higher price and waiting few moment awhile break out more than the last all time high price, I think if bitcoin can't break out to $100k before halving seems very difficult to raise that price after halving.
Almost investors already for selling their bitcoin when halving moment over and waiting bitcoin correction after halving time, this my speculation based on last several halving edition and bitcoin crash after halving moment.

Seems really difficult for bitcoin to reach $100k before halving, we only have a few weeks more left before the halving takes place and yes a lot of people are taking advantage of bitcoin's most recent surge to a new ATH. Well, that's kind of expected everytime bitcoin reach new heights. However, I am quite positive that bitcoin may reach that milestone in the next several months after the halving. The post halving is the usual trend where bitcoin will make an unprecedented bullrun. Could be in the last quarter of 2024 or early in 2025. More and more people are starting to believe it will happen sooner after witnessing bitcoin breaking a new ATH just before the halving.

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March 16, 2024, 11:23:19 AM
 #89

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.

I think most understand how bitcoin moves but people are making the mistake that they are expecting bitcoin to increase in price every day and they are constantly checking bitcoin price every hour. So, every time bitcoin corrects slightly, their account goes down, they start to feel insecure about bitcoin and think that bitcoin is about to fall even further.

The bull market is starting and many people are starting to lose patience to take profits. During the bear season, many of my friends hardly bothered to check bitcoin prices, but now they do the opposite. They check prices every hour and they are experienced investors, not newbies, LOL.

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March 16, 2024, 12:41:47 PM
 #90

Basically, no one can accurately predict how far Bitcoin prices will rise in the future. But if you look at the market recently, it seems that the potential for an increase towards $100k is very possible, especially since the Halving hasn't happened yet. I am optimistic that the price of Bitcoin has the potential to reach $100k this year, although before it reaches there there may be a correction and after that, Bitcoin will continue to experience price increases until it sets a new ATH record.

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March 16, 2024, 01:43:27 PM
 #91

well the market slowed a bit recently as the  price of bitcoin is not doing well now and of course following by all altcoins so the market is not a good showing this day

https://coinmarketcap.com/

and also the road to 100k seems not to be in the table but I will be enjoying 80k at least enough to bring me profit.

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March 16, 2024, 01:57:14 PM
 #92

Market didn’t slow, rather it’s going down I can see. 72 hours before Bitcoins were at around 72k usd, but sadly now Bitcoins are at 67k usd. But this doesn’t mean that 100k is not near. This might be just the price correction for some time. Bitcoins will definitely touch 100k usd before the bull run. We just need to show some support. Right now I will consider this as another opportunity and will buy the coins.

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March 16, 2024, 04:57:05 PM
 #93

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

no one can predict that bitcoin can reach 100k without a major price decline, it may or may not happen. but if we look back, maybe we will experience a major price decline before the halving or after the halving, and that will probably drag the price of bitcoin to a fairly low point. because it will not be possible for the price of bitcoin to continue to rise to 100k without a major price decline, but the question is when that will happen, because when that happens there will probably be many people who will experience losses.

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March 16, 2024, 05:07:48 PM
 #94

Market didn’t slow, rather it’s going down I can see. 72 hours before Bitcoins were at around 72k usd, but sadly now Bitcoins are at 67k usd. But this doesn’t mean that 100k is not near. This might be just the price correction for some time. Bitcoins will definitely touch 100k usd before the bull run. We just need to show some support. Right now I will consider this as another opportunity and will buy the coins.

Yes even I would consider this as a buy time and $100k is inevitable but the only problem is it might be delayed and this price dip may further push newbies to panic sell if this trend continues for some more time which may push Bitcoin's value further down but we have already seen this in the 5 months as whenever the dip occur people accumulate more and then it bounces back much higher than the previous value. I hope same thing is gonna happen again.









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March 16, 2024, 05:52:18 PM
 #95

well the market slowed a bit recently as the  price of bitcoin is not doing well now and of course following by all altcoins so the market is not a good showing this day

https://coinmarketcap.com/

and also the road to 100k seems not to be in the table but I will be enjoying 80k at least enough to bring me profit.
Bitcoin prices are still at a good level even though they are experiencing a slight correction now, causing all altcoins to also slow down in increasing their prices. But this condition is not a bad condition because if you hope Bitcoin can go to the $80K level this year, that means market conditions must be better than now and it is also possible that it will not be impossible to go to $100K. Being slow moving doesn't mean it's bad for Bitcoin, but it will create an opportunity for many people to return to making purchases with their new capital at this time.

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March 16, 2024, 06:47:12 PM
 #96

The new ATH created by bitcoin is 73k$ which it has never attain before but now it is not at such price but it turn down to 68k$. If before halving it has created new ATH then halving will move the price to more than 80k$ if investors does not change their mind from accumulating to selling.

I don't think that without any decline it will reach to 100k$ as in crypto market there is no possibility for happening such thing. Bitcoin will not continue created new ATH but at some points it will show a correction in price.



 

 

 

 

 

 


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March 16, 2024, 08:37:08 PM
 #97

The party to 100k was a bit delayed at the moment with the recent market correction it obvious that we may likely rely long in the under 100k region for a while may be we may likely have a slow climb back to that price in the second quarter of the year, but for now I think we may likely be in a the same region for a while and best time to accumulate more bitcoin as we await the halving effects to come along slowly and with time.

Bitcoin have made ever positive marks that it intended and those that  have made use of the top to take profits may likely be in a good position right for a while, but for now, it is all wait wait for the discount price to be touched to at least buy back.
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March 16, 2024, 10:21:57 PM
 #98

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.

There is no doubt about that because we can't expect the market to keep going up straight without any dips or corrections because that is now how a volatile market works and we should expect both ups and downs in the prices of different cryptocurrencies.
Bitcoin has surprised the whole market with its current run to almost $74k because most people weren't expecting it to even get to $60k before the halving event which is yet to come but it managed to cross $74k which makes it more evident that the market in this cycle will probably go way higher than the previous bull run.
We are already seeing a correction in Bitcoin and expect this correction to be further to provide a strong base for the next uptrend. When the market is in an uptrend, there is not as much talk as when the market corrects, because now we see negativity everywhere because the market is correcting. Bitcoin will go to 100k for sure but it will take time it may even take months or years it all depends on the market. So try to take your position in the market in a strong way, so that you don't have to take the same wrong decision every time.

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March 16, 2024, 10:48:23 PM
 #99

We are already seeing a correction in Bitcoin and expect this correction to be further to provide a strong base for the next uptrend. When the market is in an uptrend, there is not as much talk as when the market corrects, because now we see negativity everywhere because the market is correcting. Bitcoin will go to 100k for sure but it will take time it may even take months or years it all depends on the market. So try to take your position in the market in a strong way, so that you don't have to take the same wrong decision every time.
We have been wary of a market correction after a significant market increase, this is very normal for the market after experiencing bullishness but we must be careful to enter at a price target that is still high because we don't know the lowest price point during the market correction period, make sure we prioritize market analysis and regulate DCA investment patterns to avoid higher losses. Of course, we don't have to speculate too much when the market falls because the market will form a new movement pattern to rise higher and my prediction is that the price will potentially reach $100k this year, we just need to wait because the price prediction will definitely be realized in the future.

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March 16, 2024, 10:51:57 PM
 #100

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.

There is no doubt about that because we can't expect the market to keep going up straight without any dips or corrections because that is now how a volatile market works and we should expect both ups and downs in the prices of different cryptocurrencies.
Bitcoin has surprised the whole market with its current run to almost $74k because most people weren't expecting it to even get to $60k before the halving event which is yet to come but it managed to cross $74k which makes it more evident that the market in this cycle will probably go way higher than the previous bull run.
Well, obviously it is. The rapid price increase has made us surprised that there were no major correction prior to that. But we are now starting to see price correction in the market. Bitcoin price has decline slightly and we don’t know as to how far this price decline will stop. However, one thing is certain, bitcoin needs to make a correction in preparation for its new all time high. The market is highly volatile, so expect the unexpected. After all, bull run is fast approaching so most likely bitcoin price will eventually recover prior to that bull run event.

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