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Author Topic: Road to 100k?  (Read 2289 times)
FinePoine0
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March 16, 2024, 11:51:48 PM
 #101

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?

If Bitcoin wants to make a new record again, it is definitely more likely to go up to 100. Because this March is the most positive month for Bitcoin to set new records. Those who are already knowledgeable about Bitcoin have interpreted that the Bitcoin name will be in the normal range during the halving period. As if this is the time investors can invest in Bitcoin to stay through the big bull run of 2025. At that time the price of Bitcoin is very likely to be 150K as Bitcoin will set record highs in 2024 and 2025.

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March 16, 2024, 11:58:13 PM
 #102

Price action is drawing near to a point of note, 63.2k is just early March and a place of possible support but its 8 days of relevance in that area so we should not ignore those who traded there.    We can judge the reaction to this area for some measure of strength, I'd say 58k is about a more normal place to find support because its a longer term Fibonacci level also.
  However in the last year we've traded 58k on 3 days only, we ran over it care free pretty much and it was not shown as great significance on that first encounter.  March 6th sell off sharp and brief was near there on its low, most we could say about it near term wise.

As always we must observe, learn and conclude from what actually is occurring not stand in the way of a freight train stout in our belief or underneath a falling rock if BTC wants to go lower; only doubt trends when the pace deviates from a trajectory or respects some levels of support or volume traded prior.
   I think 63k might show us more then 58k for the moment, also I want to see BTC in the next working week.  I'm not sure if the emphasis upwards is greater during the week perhaps then weekends where we fall back with sellers who just want to use up the BTC not accumulate for higher with patience of some unknown period required in that venture.

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March 17, 2024, 12:39:52 AM
 #103

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?
Everyone had high expectations that the price of Bitcoin would continue to rise without any major drop in the market but that was no longer possible due to the fall in the price of Bitcoin.

Maybe that's when the bullrun starts after the bitcoin halving, when the bitcoin price hits $100k. Currently the price of Bitcoin is starting to fall again, maybe the market is correcting before the Bitcoin Halving takes place. As the price of Bitcoin rose to a high, many imagined that Bitcoin might set another new ATH record this month, but to everyone's surprise, the price of Bitcoin is falling again.

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March 17, 2024, 01:38:20 AM
 #104

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.
Same, I wouldn't be scared even seeing the current price at $65k is not enough to send fear up my spine, it's something common to the Bitcoin market. I would not mind the level of correction the market may take, down to $50k still okay, not enough to panick.

Probably, we may get back so quickly, I hope it happens very soon cause I have a target for Bitcoin getting up to $80k before the halving, just a cheeky thing I would love to see happen Cheesy

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March 17, 2024, 11:19:57 AM
 #105

I think, the price will decrease before it will start increasing to hit $100,000 before the end of december, because the bullish season is still on in the market which many holders has testified the huge income they have received when the price of Bitcoin hit $71,984 few days ago. Even though the price want to decrease in this month of march it will not decrease below $50,000 before it will lead to the road where all those holders that is waiting for such price to come before they can sell to get ready to make a huge amount of income. The correction was massive in this year, because many investors doubted it based on the level the price ended last bullish season but the price cross above $73,000 in this year bullish which is the highest price investors have ever experience from the market.

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March 17, 2024, 02:00:49 PM
 #106

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?
Everyone had high expectations that the price of Bitcoin would continue to rise without any major drop in the market but that was no longer possible due to the fall in the price of Bitcoin.
lol it is impossible to have a continues growth without major decline , look at the market couple days ago and look at the market now , can't you consider that a major decline dumping 7k in 24 hrs?
Idon't think it isn't decline.


Quote
Maybe that's when the bullrun starts after the bitcoin halving, when the bitcoin price hits $100k. Currently the price of Bitcoin is starting to fall again, maybe the market is correcting before the Bitcoin Halving takes place. As the price of Bitcoin rose to a high, many imagined that Bitcoin might set another new ATH record this month, but to everyone's surprise, the price of Bitcoin is falling again.
Hope this is just  a correction but I doubt , because the halving is near to happen and we know that when there is halving there will always a dumping.

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March 17, 2024, 04:10:10 PM
 #107

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.
It is true that it is difficult to predict the price of BTC, but it is not right to comment, that many people may panic in this price drop. There is some volatility before and after halving but this is normal. In this case you can keep buying the DIP but it will not better decisions to sell.
If you want to cover your loss, you can invest BTC by using DCA into weekly or monthly basis.
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March 17, 2024, 05:43:48 PM
Merited by JayJuanGee (1)
 #108

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.
Those who have been in the Bitcoin market for a long time know about the character of Bitcoin, how Bitcoin reacts in a bull market. Now the way the market is reacting and there is a correction and after every correction the bulls are taking control of the market again. But this time bull market is very different from other bull market, now many more strong institutional players have entered the market so that it is very difficult for bears to take control of the market. The current market correction will fuel the market to push Bitcoin even higher and turn the unexpected into the expected.

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March 17, 2024, 07:32:51 PM
 #109

I have high expectations that bitcoin will reach 100k but will it reach 100k without any major decline in price?

Without reading how friends pour out their thoughts for this, I think it is achieved or not very dependent on the market mechanism. When guided by the purpose of fluctuating prices, then from there we can conclude that the determination lies in the amount of demand and supply including other factors that I cannot afford.

Does it seem realistic that from 70k, bitcoin will continuously rise up?

Actually the same as what I have described. If the market situation is higher demand, then from the price of $ 70K it can continue to rise. In fact at this time the price is no longer in a state that continues to increase in accordance with the expectations of people who have collected a lot of bitcoin, but the current situation has actually come down and is below the price of ATH a few years ago as expected by many people who have not yet collected much Bitcoin.

R


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March 17, 2024, 09:18:19 PM
 #110

I think, the price will decrease before it will start increasing to hit $100,000 before the end of december, because the bullish season is still on in the market which many holders has testified the huge income they have received when the price of Bitcoin hit $71,984 few days ago. Even though the price want to decrease in this month of march it will not decrease below $50,000 before it will lead to the road where all those holders that is waiting for such price to come before they can sell to get ready to make a huge amount of income. The correction was massive in this year, because many investors doubted it based on the level the price ended last bullish season but the price cross above $73,000 in this year bullish which is the highest price investors have ever experience from the market.
For some reasons,  I believe bitcoin have already hard it Routh market time, and the last dip that we witnessed in the market may likely be the last before the taking off of the main bull market which is expected anytime after the bitcoin halving which may occur in this month or early April,  and in the last week we saw a sharp decline in bitcoin price, and that took alot from most weak hand who thought the party is over for bitcoin and then sold up they holding for panic of more dump, bit now we can see that bitcoin is gradually recovering back and in no time it will cross it previus all time high which was barley a week ago.

Anyone who missed the last chances to buy bitcoin at discounted below the all time high may likely have a hard time to jump on going forward,  because there is alot of positive outlook for bitcoin market already and there won't be much chances to get on from here going forward.

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March 17, 2024, 10:20:22 PM
 #111

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?

If Bitcoin wants to make a new record again, it is definitely more likely to go up to 100. Because this March is the most positive month for Bitcoin to set new records. Those who are already knowledgeable about Bitcoin have interpreted that the Bitcoin name will be in the normal range during the halving period. As if this is the time investors can invest in Bitcoin to stay through the big bull run of 2025. At that time the price of Bitcoin is very likely to be 150K as Bitcoin will set record highs in 2024 and 2025.

no quite well that the price of Bitcoin will fall and that is what makes me whenever I'm predicting the futuristics of Bitcoin I does not be much desperate for the prediction so many people today who says that bitcoin price based on it has reach to the extent of 70,000 it will also clamp immediately to hundred thousand, I think that the price has reduced from the normal price

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March 18, 2024, 07:00:28 AM
 #112

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.
If you are not actually a real investor you will never understand the market it is not set to be running up all the time the bull run will come and stagnant and with time drop also continues those who knows the game also knows how to play it without panicking...

I think this is time to draw your investment and wait for the bull running again because bitcoin it has come to show it validity and strength to other crypto currencies.......

Nobody should panic about the downtrend this is just the rise of the beauty of bitcoin........
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March 18, 2024, 08:47:20 AM
 #113

It is true that it is difficult to predict the price of BTC, but it is not right to comment, that many people may panic in this price drop. There is some volatility before and after halving but this is normal. In this case you can keep buying the DIP but it will not better decisions to sell.
If you want to cover your loss, you can invest BTC by using DCA into weekly or monthly basis.
If there are still some people who create barriers for themselves through the panic that arises in their minds about buying Bitcoin. Maybe some people don't see how happy the people who bought Bitcoin on the Dip were at the beginning of last year until now, so these people are still haunted by panic. Meanwhile, people who have experienced greater profits through Bitcoin will never feel panicked again and will even continue to take advantage of every dip when they want to buy Bitcoin.

.
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March 18, 2024, 06:49:22 PM
 #114

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.
The pattern I see isn't pleasing to my eyes, to be honest, and even though I don't want the market to react this way, I believe this correction can go much deeper than we might be expecting. Some are optimistic that the market wouldn't go lower than $65k, and some are saying $60k will be the lowest price, but I'm saying that it can go lower than that if we see a lot of negativity in the market in terms of people buying Bitcoin and those selling.

A high selling pressure can push the price lower once it goes around $60k because a lot of retail investors will start selling and taking profit when they see the price declining because they would think it will go very low and they wouldn't get the same price again very soon.

BABY SHOES
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March 18, 2024, 08:42:41 PM
 #115

It is true that it is difficult to predict the price of BTC, but it is not right to comment, that many people may panic in this price drop. There is some volatility before and after halving but this is normal. In this case you can keep buying the DIP but it will not better decisions to sell.
If you want to cover your loss, you can invest BTC by using DCA into weekly or monthly basis.
If there are still some people who create barriers for themselves through the panic that arises in their minds about buying Bitcoin. Maybe some people don't see how happy the people who bought Bitcoin on the Dip were at the beginning of last year until now, so these people are still haunted by panic. Meanwhile, people who have experienced greater profits through Bitcoin will never feel panicked again and will even continue to take advantage of every dip when they want to buy Bitcoin.
The usual sense of panic often sees prices in the market but this cannot be denied especially every day our work is in trading or other kinds related to the market so the sense of panic will always be there.

People who are just starting out now will certainly be a little nervous, is now the time to enter? Or wait for a correction? While we know bitcoin cannot be predicted completely and only relying on analysis is not enough even with other issues strengthening bitcoin will be high.

Take advantage of every moment where you are ready to start whether it's now or later maybe? Make sure this is long-term then you don't need to panic when the price drops to experience losses then consider this a normal thing.

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Oasisman
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March 19, 2024, 01:55:14 AM
 #116

It is true that it is difficult to predict the price of BTC, but it is not right to comment, that many people may panic in this price drop. There is some volatility before and after halving but this is normal. In this case you can keep buying the DIP but it will not better decisions to sell.
If you want to cover your loss, you can invest BTC by using DCA into weekly or monthly basis.
If there are still some people who create barriers for themselves through the panic that arises in their minds about buying Bitcoin. Maybe some people don't see how happy the people who bought Bitcoin on the Dip were at the beginning of last year until now, so these people are still haunted by panic. Meanwhile, people who have experienced greater profits through Bitcoin will never feel panicked again and will even continue to take advantage of every dip when they want to buy Bitcoin.

The simple description to that kind of people is that, they just don't belong in crypto space. Those who constantly panic and sell whenever they get to see bitcoin collapsing might only do nothing but constantly going to lose. They will lose something financially while those who understand how bitcoin works will continue to profit out of this people. I really feel pity for these kind of people sometimes, but it's they're lack of due diligences that are pushing them to be on the kind of situation.
Crypto is just some kind of game where those who are weak are not gonna survive it's very volatile nature. The news and articles we see in the internet whether it's a good or bad article, there were always a purpose behind that. Sometimes they spread FUD and sometimes they encourage FOMO, neither of these there are always gonna be a purpose for their own personal gain. Those were actually created to take advantage of the weak hands and  casual investors who thinks bitcoin is a way to get rich real quick.

R


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March 19, 2024, 03:19:55 AM
Merited by JayJuanGee (1)
 #117

It is true that it is difficult to predict the price of BTC, but it is not right to comment, that many people may panic in this price drop. There is some volatility before and after halving but this is normal. In this case you can keep buying the DIP but it will not better decisions to sell.
If you want to cover your loss, you can invest BTC by using DCA into weekly or monthly basis.
If there are still some people who create barriers for themselves through the panic that arises in their minds about buying Bitcoin. Maybe some people don't see how happy the people who bought Bitcoin on the Dip were at the beginning of last year until now, so these people are still haunted by panic. Meanwhile, people who have experienced greater profits through Bitcoin will never feel panicked again and will even continue to take advantage of every dip when they want to buy Bitcoin.
I just can't see why there would be any doubt about bitcoin at this point, that always makes me a little surprised. I mean we have seen it prove it time and time after again, that it does very well and doesn't do all that badly, so why would we worry about anything?

I think we should consider that it is going to be quite well enough and not going to cause a lot of trouble, so instead of doubting bitcoin, I just look at it historically and see that it recovers all the time and it would again this time too, that's simple. So if you still have doubts, that's your own thing and you have the right to doubt it, but I will never doubt it and I will let it be as long as possible, it's just that much of a simple thing for me.

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peter0425
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March 19, 2024, 05:42:19 AM
 #118

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.
agreed also, not because we have reached more than ATH price this year meaning 100k is near the corner because that
is too high to expect just because of the presence of ETF, there is a movement that applied each increase
and for me like what said , Halving is what I do believe to give us more increase and to break that 6 digits in finalization .

Look at how much market is falling now? that is warning to never expect too much in this market.









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March 19, 2024, 10:15:22 AM
 #119

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.
agreed also, not because we have reached more than ATH price this year meaning 100k is near the corner because that
is too high to expect just because of the presence of ETF, there is a movement that applied each increase
and for me like what said , Halving is what I do believe to give us more increase and to break that 6 digits in finalization .

Look at how much market is falling now? that is warning to never expect too much in this market.

There's nothing wrong with having a lot of faith and hope in bitcoin, but we should always have a backup plan if things don't go as we planned. Today bitcoin fell below $64k but that doesn't mean bitcoin's path to $100k will stop or that we should change our plans. The market is correcting and it is a necessary correction because there is no market that only increases vertically. The correction is necessary and in order to have stronger price increase momentum in the near future, I have nothing to worry about.

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March 19, 2024, 12:13:52 PM
 #120

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?

If Bitcoin wants to make a new record again, it is definitely more likely to go up to 100. Because this March is the most positive month for Bitcoin to set new records. Those who are already knowledgeable about Bitcoin have interpreted that the Bitcoin name will be in the normal range during the halving period. As if this is the time investors can invest in Bitcoin to stay through the big bull run of 2025. At that time the price of Bitcoin is very likely to be 150K as Bitcoin will set record highs in 2024 and 2025.
Don't tell me you want to be a blind follower. You do not totally approve of all that you hear people who are being termed professionals say about Bitcoin. We are all speculating, and speculation may either be right or wrong. What happened in the last bull run when these co-called professionals were busy calling huge figures of the price where Bitcoin would reach should have taught you a lesson that no one knows it all, unless the person is a seer, which I believe they are not. Bitcoin silenced them at about $69,000 and reversed hugely. Most are only using instincts and guesses. Mind you, the price Bitcoin has never reached on a higher level, if reached, will not allow for further speculations upward. In a plain term, no analysis can be made further on the bullish path after the ATHs are reached.

You may know this if you are a good trader. If an asset reaches a level it has never reached before, one may only speculate rightly on the downside but can't accurately predict the upward price but will only use instinct, a round figure or something that just comes to their heads. That's what is happening with Bitcoin now, and thankfully, the coin has hit almost $74,000 so far, it has tried enough, but I doubt it can reach the $150,000 you called. It will take a miracle in my thought for it to ever reach that level. But of course, it would reach a $100,000 psychological level, and it would be a very good record for the coin to do that.

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