Road to 100k?

[Strongkored]

It's been a very long time, maybe in the last 2 months the price of Bitcoin has been stable between $60k-$70k and hasn't shown any signs of being bullish even though the halving has started. it's actually very realistic to expect bitcoin to reach $100k because before the halving started bitcoin's ATH was $73k. I think in the near future we shouldn't talk about $100k because bitcoin's biggest challenge right now is crossing $70k.

When the market is bullish or even bearish, there will always be a correction because it is impossible for the price of Bitcoin to always rise during bullish times and also during bearish times to always fall.
Currently, the price of Bitcoin is experiencing a correction and the factor of long-term holders who are reportedly taking profits so that the price of Bitcoin is experiencing pressure but long-term holders will not sell all of their possessions because they know that the price of Bitcoin is still targeting higher prices this year, so traders will make Bitcoin prices are starting to rise, but no one can analyze exactly when that will happen. At the end of this month, my prediction is that Bitcoin prices will reach $70,000, and next month there is a big chance that Bitcoin will reach the latest ATH, and $100k will likely be reached this year.

[Barikui1]

It's been a very long time, maybe in the last 2 months the price of Bitcoin has been stable between $60k-$70k and hasn't shown any signs of being bullish even though the halving has started. it's actually very realistic to expect bitcoin to reach $100k because before the halving started bitcoin's ATH was $73k. I think in the near future we shouldn't talk about $100k because bitcoin's biggest challenge right now is crossing $70k.

When the market is bullish or even bearish, there will always be a correction because it is impossible for the price of Bitcoin to always rise during bullish times and also during bearish times to always fall.
Currently, the price of Bitcoin is experiencing a correction and the factor of long-term holders who are reportedly taking profits so that the price of Bitcoin is experiencing pressure but long-term holders will not sell all of their possessions because they know that the price of Bitcoin is still targeting higher prices this year, so traders will make Bitcoin prices are starting to rise, but no one can analyze exactly when that will happen. At the end of this month, my prediction is that Bitcoin prices will reach $70,000, and next month there is a big chance that Bitcoin will reach the latest ATH, and $100k will likely be reached this year.

Yes, it's actually true that if you look at the chart, when the price of Bitcoin is rising, it doesn't just goes straight upward,  it normally does higher lows and higher high but investors like us called it pullback or corrections, so this current deep of the price of Bitcoin is actually a normal thing because it's just a correction, it's only the newbie investors that will sell in panic due to the sudden deep.

But in my own point of view, their is no point getting worked up by the sudden deep in price because we aren't traders, we are mostly Long term holder, so reacting to anything the price of Bitcoin does as a holder, is a very wrong thing to do, so the best thing to do at this point is to seize the opportunity and buy more, until we learn to focus less on the current price of Bitcoin, it's probably going to be difficult to hold for a very long period of time, because emotions can set in if we pay too much attention to it current price.

[Salahmu]

The price of bitcoin shouldn't be the issue, but taking the opportunity that bitcoin is at this current price of 65k to buy more Bitcoin into our bags should be our focus because increasing our portfolio will be better off now than when the price reaches $100k.

I know that bitcoin price will reach $100k but no one can predict the actual time and as long as you are not planning to sell but to hodli for a long period of time it is good to DCA regularly in other to increase your bitcoin stash at various price levels.

Yeah the price of Bitcoin reaching $100k is certain and with the look of how the price has been doing for sometime now their is a higher chance that the price will hit $100k anytime soon, so actually the only people who would be skeptical about the price increase of Bitcoin is only those that did not believe on the potential, so perhaps those that believe and trust that in the future Bitcoin will break more high shouldn't consider the present situation of the price because is already certain that $100k will be nothing compare to the price of Bitcoin in the future so perhaps that alone should actually change the mindset of people to stop dwelling on the dip before buying Bitcoin because when it comes to investment all you need to consider the most is the potential and immediately you realize that it has a good potential prices or the current state shouldn't be an issue to prevent the person from taking advantage of the market.

[Bravut]

It's been a very long time, maybe in the last 2 months the price of Bitcoin has been stable between $60k-$70k and hasn't shown any signs of being bullish even though the halving has started. it's actually very realistic to expect bitcoin to reach $100k because before the halving started bitcoin's ATH was $73k. I think in the near future we shouldn't talk about $100k because bitcoin's biggest challenge right now is crossing $70k.

Bitcoin price movement can be unpredictable, but with fundamentals in place there is still believe that in the near future bitcoin can reach 100k. The potential to reach new heights  are certain, our main objectives is to capitalise on this moment bitcoin is  still hovering around $60k-$70k to increase your holdings, increasing your holdings now can potentially lead to a substantial appreciation when it hit 100k. Don't underestimate the power of bitcoin because of it potentials there are lot of catalyst to drive the proce upward.

There are no certainties in the crypto market. But we can expect Bitcoin to reach $100k one day. But we cannot be guaranteed that Bitcoin will reach new highs. Our expectations around Bitcoin are high. So we always hope that Bitcoin will touch new milestones and Bitcoin does not disappoint our hopes. This is not to say that we can guarantee that the price of Bitcoin will continue to rise. Nothing is impossible in crypto market, everything is possible here.

We are discussing about Possibilities of Bitcoin reaching $100k and not Crypto Market, I would love we stick with this and not related it to Crypto Market so we can both reach our ends.

Well said, I believe Bitcoin will reach $100k sooner or later. Of which the price Bitcoin will reach will be a new high just as the current high is $73,xxx I don't get you saying there is no guarantee of new high but it is certain that Bitcoin will reach $100k, don't confuse yourself Mate.

One thing investors and Bitcoiners need keep in mind is the fact that our hopes might be cut off and the Market can do anything it desires and it is totally out of our control so over-expectation is wrong as anything is possible which can go against our plan. We need to be check our optimism and be open to risk.

[ultrloa]

It's been a very long time, maybe in the last 2 months the price of Bitcoin has been stable between $60k-$70k and hasn't shown any signs of being bullish even though the halving has started. it's actually very realistic to expect bitcoin to reach $100k because before the halving started bitcoin's ATH was $73k. I think in the near future we shouldn't talk about $100k because bitcoin's biggest challenge right now is crossing $70k.

Bitcoin price movement can be unpredictable, but with fundamentals in place there is still believe that in the near future bitcoin can reach 100k. The potential to reach new heights  are certain, our main objectives is to capitalise on this moment bitcoin is  still hovering around $60k-$70k to increase your holdings, increasing your holdings now can potentially lead to a substantial appreciation when it hit 100k. Don't underestimate the power of bitcoin because of it potentials there are lot of catalyst to drive the proce upward.

There are no certainties in the crypto market. But we can expect Bitcoin to reach $100k one day. But we cannot be guaranteed that Bitcoin will reach new highs. Our expectations around Bitcoin are high. So we always hope that Bitcoin will touch new milestones and Bitcoin does not disappoint our hopes. This is not to say that we can guarantee that the price of Bitcoin will continue to rise. Nothing is impossible in crypto market, everything is possible here.

We are discussing about Possibilities of Bitcoin reaching $100k and not Crypto Market, I would love we stick with this and not related it to Crypto Market so we can both reach our ends.

Well said, I believe Bitcoin will reach $100k sooner or later. Of which the price Bitcoin will reach will be a new high just as the current high is $73,xxx I don't get you saying there is no guarantee of new high but it is certain that Bitcoin will reach $100k, don't confuse yourself Mate.

One thing investors and Bitcoiners need keep in mind is the fact that our hopes might be cut off and the Market can do anything it desires and it is totally out of our control so over-expectation is wrong as anything is possible which can go against our plan. We need to be check our optimism and be open to risk.

Certain confusion will be raised if people will talk about crypto so to make all things on point then better they call it directly as Bitcoin so that there would be no confusion on the discussion.

But unexpected things will come and its just we don't know the exact timeline on when bitcoin would able to reach that $100k. For sure we can reach into that figure since even before no one really expect that bitcoin would ever hit into 5 digits figure that's why lots of historic event happens where they spend their bitcoin on nonsense things or just totally lost it because they don't know if the value of their acquired bitcoin will grow unto the current figure.

Bitcoin already reach its ATH which figures has already been said so we could see with that $100k is near to happen so I guess it need more push and more good things or adoption will happen then provably that we would able to reach that $100k price level.

[Agbamoni]

The price of bitcoin shouldn't be the issue, but taking the opportunity that bitcoin is at this current price of 65k to buy more Bitcoin into our bags should be our focus because increasing our portfolio will be better off now than when the price reaches $100k.

I know that bitcoin price will reach $100k but no one can predict the actual time and as long as you are not planning to sell but to hodli for a long period of time it is good to DCA regularly in other to increase your bitcoin stash at various price levels.

with the look of how the price has been doing for sometime now their is a higher chance that the price will hit $100k anytime soon,

I have come to realize that this analysis is wrong. Convince me otherwise. However, I used to be part of those preaching that it will be 100k anytime soon. But I was looking at the price and the movement it has been making. Bitcoin will not reach 100k soon but reaching 100k before or by the end of the year is somehow possible. I think the more we truly believe, the less we tend to think when the price will reach 100k either sooner or later. The more time we spend in Bitcoin the more we get to understand that time doesn't really matter but duration of investment and anticipation is better than watching the time all day.

[Kliss]

The price of bitcoin shouldn't be the issue, but taking the opportunity that bitcoin is at this current price of 65k to buy more Bitcoin into our bags should be our focus because increasing our portfolio will be better off now than when the price reaches $100k.

I know that bitcoin price will reach $100k but no one can predict the actual time and as long as you are not planning to sell but to hodli for a long period of time it is good to DCA regularly in other to increase your bitcoin stash at various price levels.

Yeah the price of Bitcoin reaching $100k is certain and with the look of how the price has been doing for sometime now their is a higher chance that the price will hit $100k anytime soon, so actually the only people who would be skeptical about the price increase of Bitcoin is only those that did not believe on the potential, so perhaps those that believe and trust that in the future Bitcoin will break more high shouldn't consider the present situation of the price because is already certain that $100k will be nothing compare to the price of Bitcoin in the future so perhaps that alone should actually change the mindset of people to stop dwelling on the dip before buying Bitcoin because when it comes to investment all you need to consider the most is the potential and immediately you realize that it has a good potential prices or the current state shouldn't be an issue to prevent the person from taking advantage of the market.

Absolutely those who trust in Bitcoin's potential and in its future value should know that it future potential outweigh concerns about present prices. When it comes to investing, recognizing potential is key. Focusing on the long-term vision rather than short-term dips is the way to go. Instead of  becoming fixed with the current Bitcoin price, seizing the chance to grab more now which price around $65k-$70k is key. Building up your portfolio now is smarter than worrying or waiting for bitcoin to hit $100k. Predicting the exact timing of hitting $100k is tough, so if you're in it for the long-term(hodling), regularly Dollar-Cost Averaging (DCA) to accumulate Bitcoin at different price points is a solid strategy to grow your stash.

[Hamphser]

The price of bitcoin shouldn't be the issue, but taking the opportunity that bitcoin is at this current price of 65k to buy more Bitcoin into our bags should be our focus because increasing our portfolio will be better off now than when the price reaches $100k.

I know that bitcoin price will reach $100k but no one can predict the actual time and as long as you are not planning to sell but to hodli for a long period of time it is good to DCA regularly in other to increase your bitcoin stash at various price levels.

Yeah the price of Bitcoin reaching $100k is certain and with the look of how the price has been doing for sometime now their is a higher chance that the price will hit $100k anytime soon, so actually the only people who would be skeptical about the price increase of Bitcoin is only those that did not believe on the potential, so perhaps those that believe and trust that in the future Bitcoin will break more high shouldn't consider the present situation of the price because is already certain that $100k will be nothing compare to the price of Bitcoin in the future so perhaps that alone should actually change the mindset of people to stop dwelling on the dip before buying Bitcoin because when it comes to investment all you need to consider the most is the potential and immediately you realize that it has a good potential prices or the current state shouldn't be an issue to prevent the person from taking advantage of the market.

Absolutely those who trust in Bitcoin's potential and in its future value should know that it future potential outweigh concerns about present prices. When it comes to investing, recognizing potential is key. Focusing on the long-term vision rather than short-term dips is the way to go. Instead of  becoming fixed with the current Bitcoin price, seizing the chance to grab more now which price around $65k-$70k is key. Building up your portfolio now is smarter than worrying or waiting for bitcoin to hit $100k. Predicting the exact timing of hitting $100k is tough, so if you're in it for the long-term(hodling), regularly Dollar-Cost Averaging (DCA) to accumulate Bitcoin at different price points is a solid strategy to grow your stash.

People would really be just trying out to invest no the moment that you would really seeing those green candles instead on trying out to DCA when the market is dumping. You would really be needing to adjust
and needing up that be wise on taking up decisions because on the moment that you are really that seeing that there's a good entry because people would really be that usually be tending to jump
in on the moment that market is moving up and not on the  time that its dumping. They would really be that tending to chase up those uprising momentum and this is really that their solid
sign that they would be needing to enter on which this is really that a wrong belief or mindset to have but instead you should really be that making some entry or DCA on the moment that everyone
or everybody is on great fear about on a very bearish market.

[Franctoshi]

It's been a very long time, maybe in the last 2 months the price of Bitcoin has been stable between $60k-$70k and hasn't shown any signs of being bullish even though the halving has started. it's actually very realistic to expect bitcoin to reach $100k because before the halving started bitcoin's ATH was $73k. I think in the near future we shouldn't talk about $100k because bitcoin's biggest challenge right now is crossing $70k.

When the market is bullish or even bearish, there will always be a correction because it is impossible for the price of Bitcoin to always rise during bullish times and also during bearish times to always fall.
Currently, the price of Bitcoin is experiencing a correction and the factor of long-term holders who are reportedly taking profits so that the price of Bitcoin is experiencing pressure but long-term holders will not sell all of their possessions because they know that the price of Bitcoin is still targeting higher prices this year, so traders will make Bitcoin prices are starting to rise, but no one can analyze exactly when that will happen. At the end of this month, my prediction is that Bitcoin prices will reach $70,000, and next month there is a big chance that Bitcoin will reach the latest ATH, and $100k will likely be reached this year.

Bitcoin needs this huge consolidation to help us see the price reach the 100k level we all have been waiting for, secondly I think we won't really get that expensive move until after the US presidential election, because the outcome of that election would have a very big impact in the price of Bitcoin let's, assume that Trump wins the election investors will have more confidence investing in Bitcoin as Donald Trump already made some statements that will favour the crypto industry in case he won the election, so a lot of investors are on the side line waiting for the outcome of this very election.

[lepbagong]

The price of bitcoin shouldn't be the issue, but taking the opportunity that bitcoin is at this current price of 65k to buy more Bitcoin into our bags should be our focus because increasing our portfolio will be better off now than when the price reaches $100k.

I know that bitcoin price will reach $100k but no one can predict the actual time and as long as you are not planning to sell but to hodli for a long period of time it is good to DCA regularly in other to increase your bitcoin stash at various price levels.

Yeah the price of Bitcoin reaching $100k is certain and with the look of how the price has been doing for sometime now their is a higher chance that the price will hit $100k anytime soon, so actually the only people who would be skeptical about the price increase of Bitcoin is only those that did not believe on the potential, so perhaps those that believe and trust that in the future Bitcoin will break more high shouldn't consider the present situation of the price because is already certain that $100k will be nothing compare to the price of Bitcoin in the future so perhaps that alone should actually change the mindset of people to stop dwelling on the dip before buying Bitcoin because when it comes to investment all you need to consider the most is the potential and immediately you realize that it has a good potential prices or the current state shouldn't be an issue to prevent the person from taking advantage of the market.

Many people believe the same as you that Bitcoin will be able to reach a price of $100K, and it is not even impossible that it will exceed it if that price is reached by the end of this year, so that at the start of next year a renewable ATH will be created.
I think those who don't believe in the potential of what Bitcoin will do are those who don't know the history of how Bitcoin came to be and it can grow to where it is today, because they don't know the developments that have occurred with Bitcoin itself.
Currently, everyone who knows is ready to be able to achieve the best by always investing in Bitcoin.

[ultrloa]

The price of bitcoin shouldn't be the issue, but taking the opportunity that bitcoin is at this current price of 65k to buy more Bitcoin into our bags should be our focus because increasing our portfolio will be better off now than when the price reaches $100k.

I know that bitcoin price will reach $100k but no one can predict the actual time and as long as you are not planning to sell but to hodli for a long period of time it is good to DCA regularly in other to increase your bitcoin stash at various price levels.

with the look of how the price has been doing for sometime now their is a higher chance that the price will hit $100k anytime soon,

I have come to realize that this analysis is wrong. Convince me otherwise. However, I used to be part of those preaching that it will be 100k anytime soon. But I was looking at the price and the movement it has been making. Bitcoin will not reach 100k soon but reaching 100k before or by the end of the year is somehow possible. I think the more we truly believe, the less we tend to think when the price will reach 100k either sooner or later. The more time we spend in Bitcoin the more we get to understand that time doesn't really matter but duration of investment and anticipation is better than watching the time all day.

There's no really accurate prediction nor sayings that it will come soon but we can only get a possibilities that bitcoin would able to reach at $100k. That's why before it happens we need to do our share since if we are continue to believe then do nothing maybe we can't see any changes by the time bitcoin reach that numbers. Bitcoin will not reach at $100k anytime soon since for sure that after it experience to reach its new ATH then there would be a huge possibilities that we could ever experience those pumps and dumps or what people says as correction.

But what's important thing their that our belief that that price would be reachable and I'm sure those people that who have a lot of patient will be rewarded. Those people who's gonna afraid of the dumps to come will provably regret their decision especially if they decide to dump because they got afraid on the current situation happening just like what bitcoin experiencing now.

[Barikui1]

The price of bitcoin shouldn't be the issue, but taking the opportunity that bitcoin is at this current price of 65k to buy more Bitcoin into our bags should be our focus because increasing our portfolio will be better off now than when the price reaches $100k.

I know that bitcoin price will reach $100k but no one can predict the actual time and as long as you are not planning to sell but to hodli for a long period of time it is good to DCA regularly in other to increase your bitcoin stash at various price levels.

Yeah the price of Bitcoin reaching $100k is certain and with the look of how the price has been doing for sometime now their is a higher chance that the price will hit $100k anytime soon, so actually the only people who would be skeptical about the price increase of Bitcoin is only those that did not believe on the potential, so perhaps those that believe and trust that in the future Bitcoin will break more high shouldn't consider the present situation of the price because is already certain that $100k will be nothing compare to the price of Bitcoin in the future so perhaps that alone should actually change the mindset of people to stop dwelling on the dip before buying Bitcoin because when it comes to investment all you need to consider the most is the potential and immediately you realize that it has a good potential prices or the current state shouldn't be an issue to prevent the person from taking advantage of the market.

Many people believe the same as you that Bitcoin will be able to reach a price of $100K, and it is not even impossible that it will exceed it if that price is reached by the end of this year, so that at the start of next year a renewable ATH will be created.
I think those who don't believe in the potential of what Bitcoin will do are those who don't know the history of how Bitcoin came to be and it can grow to where it is today, because they don't know the developments that have occurred with Bitcoin itself.
Currently, everyone who knows is ready to be able to achieve the best by always investing in Bitcoin.

In my own opinion, I believe that almost all Bitcoin enthusiastic knows that Bitcoin would at some point gets to the 100k mark no doubt, so the point of speculating here is when will that happens?
 though some people still believe that the price of Bitcoin will get to that 100k mark towards the end of the year, but as for me, I think that it would get their in the first quarter of next year, and from there onward, the bull run will kick on.

Right now, the price of Bitcoin is around 64k to 65k, so it's one of the best moments to accumulate more Bitcoin, because it's only when you have a very good stash of Bitcoin in your possession that you can benefit handsomely from the upcoming bull season, so in essence is that, in as much as we are here speculating the price of Bitcoin going forward, we shouldn't forget to seize this glorious opportunity of buying the deep,  so as to have a better stash of Bitcoin in our possession, because that is what going to determine how successful you might be.

[Makus]

In my own opinion, I believe that almost all Bitcoin enthusiastic knows that Bitcoin would at some point gets to the 100k mark no doubt, so the point of speculating here is when will that happens?
 though some people still believe that the price of Bitcoin will get to that 100k mark towards the end of the year, but as for me, I think that it would get their in the first quarter of next year, and from there onward, the bull run will kick on.

Right now, the price of Bitcoin is around 64k to 65k, so it's one of the best moments to accumulate more Bitcoin, because it's only when you have a very good stash of Bitcoin in your possession that you can benefit handsomely from the upcoming bull season, so in essence is that, in as much as we are here speculating the price of Bitcoin going forward, we shouldn't forget to seize this glorious opportunity of buying the deep,  so as to have a better stash of Bitcoin in our possession, because that is what going to determine how successful you might be.

Though few still doubt that the possibility of Bitcoin getting to 100k is very slim, and I'm not talking about this now because the price is for ing a downward trend, this has being their notion ever since, but one thing they fail to understand is that it's tradition that after the halving and price correction, comes the bull run which is predicted to get to $100k. The bulls after the halving are usually massive, talking from history which is likely to repeat itself. The fear of missing out would make more investors venturing into holding and of cause boom, the price start accelerating upward. Of course the price could be manipulated and delayed by whales eventually selling out but there is a set limit for manipulation tolerance and when that limit is exceeded Bitcoin will fall back to creating it's normal trend irrespective of the action of the manipulation. Just as the pre halving bull run that was initiated by the approval of Bitcoin EFT, Gray-scale tried manipulating the system but when Bitcoin got feed up by the manipulation it began a rapid pump covering up the lost time. However holding is still the best option yet because you'll never know when the price start appreciating in value.

[royalfestus]

When I get frustrated with the market, I turn to Willy Woo's tweets. His theories about the current market situation are intriguing. He predicts a delayed return of Bitcoin, expecting it to rebound only after weak miners are forced out and the hash rate recovers. According to him, we can expect more pain and boredom in the market before a breakout occurs.

[kawetsriyanto]

When the market is bullish or even bearish, there will always be a correction because it is impossible for the price of Bitcoin to always rise during bullish times and also during bearish times to always fall.

Exactly. Correction is always needed whether it is in bullish or bearish. If there is no correction, there will be no chance to accumulate again Bitcoin at a cheaper price. Of course, it is impossible that the market will always keep increasing because there should be time for investors for selling their assets. Not all investors set their assets for a long term, some of them may take profits in a short term. When the investors sell their assets, there should be a correction because there will be too many supplies on the market.

Currently, the price of Bitcoin is experiencing a correction and the factor of long-term holders who are reportedly taking profits so that the price of Bitcoin is experiencing pressure but long-term holders will not sell all of their possessions because they know that the price of Bitcoin is still targeting higher prices this year

Yep. I heard that Fidelity and Grayscale decreased the number of their Bitcoin. Grayscale got loses around $579 million in Bitcoin ETF. This may lead them to not so confident anymore to increase the number of Bitcoin. Other big investors may also follow them because of the same problem related to Bitcoin ETF market. It looks like the hype of Bitcoin ETF news has over already.

https://www.tronweekly.com/grayscale-bitcoin-etf-loses-over-half-a-billion/

At the end of this month, my prediction is that Bitcoin prices will reach $70,000, and next month there is a big chance that Bitcoin will reach the latest ATH, and $100k will likely be reached this year.

I'm not sure about this. I even heard the prediction that we may drop to $60k again. We are not in the condition that there is a trigger to pump the price back to $70k. I think this correction will last until the end of this month. Another rally or net pump may be in the next month.

[JayJuanGee]

When the market is bullish or even bearish, there will always be a correction because it is impossible for the price of Bitcoin to always rise during bullish times and also during bearish times to always fall.

Exactly. Correction is always needed whether it is in bullish or bearish. If there is no correction, there will be no chance to accumulate again Bitcoin at a cheaper price.

That is a very strange statement, and maybe I don't know what you mean.

It is almost as if you have not studied the actual bitcoin charts and/or maybe you have not lived through various periods in which corrections were expected but they did not end up happening, even though there seemed to have had been a lot of folks expecting such corrections to happen.

For example if bear whale twats were to have gotten their way, we would still be stuck below $500. .. and mid-2016 was not the ONLY time that we ended up experiencing a break UPpity and never to return, in spite of the whining about corrections needed blah blah blah.

Of course, it is impossible that the market will always keep increasing because there should be time for investors for selling their assets.

Sure no problem.. but what are you saying about our current position?

There is no rule that there needs to be further correction from here.

There is also no rule that the BTC price might have done another doubling or trippling from the current $73,794 top from March 13.  We have been in 4 months of consolidation, and yeah, I am not saying that I know anything, but I do get a bit worked up when I see members proclaiming that a correction has to come blah blah blah.. I have seen that plenty of times, and in my experience sometimes corrections come and sometimes they dont// so there is nothing even that assured about when they are going to happen, how low they will go or how long they will last, so again, it seems quite strange to me to be seeing such words of confidence regarding further corrections from here that may or may not end up happening.

Not all investors set their assets for a long term, some of them may take profits in a short term.

They might call themselves investors, but it sounds like you are describing a trader rather than an investor.

When the investors sell their assets, there should be a correction because there will be too many supplies on the market.

That sounds good in theory, yet how can you determine if the sellers out number the buyers or the other way around?

Currently, the price of Bitcoin is experiencing a correction and the factor of long-term holders who are reportedly taking profits so that the price of Bitcoin is experiencing pressure but long-term holders will not sell all of their possessions because they know that the price of Bitcoin is still targeting higher prices this year

Yep. I heard that Fidelity and Grayscale decreased the number of their Bitcoin. Grayscale got loses around $579 million in Bitcoin ETF. This may lead them to not so confident anymore to increase the number of Bitcoin. Other big investors may also follow them because of the same problem related to Bitcoin ETF market. It looks like the hype of Bitcoin ETF news has over already.
https://www.tronweekly.com/grayscale-bitcoin-etf-loses-over-half-a-billion/

Your description of the situation is weird.  Yep, for the past two weeks, several of the BTC spot ETF providers are having outflows that are greater than inflows, but so what?  The BTC spot ETFs provide an avenue for investment that had not previously been available, and the persons (and institutions and governments) that use the BTC spot ETF as their means to get BTC price exposure can buy BTC and they can sell BTC, so when they do that, then the ETF provider has to either buy or sell BTC in order to hold BTC that is mostly reflective of the number of their ETF shares that they have sold.

Overall the ETFs provide more avenues in and out of BTC, and surely the folks buying and selling BTC might choose to get in and out of BTC rather than being longer term BTC holders.. it is there choice whether they want to buy BTC or not yet BTC spot ETFs they are still getting ways to get such BTC price exposure.. and so you can believe what you want in terms of current inflows/outflows.. if you believe that outflows out pace inflows and/or whether those inflows/outflows are going to have significant effects on overall BTC price movements and in what timeline...if you might be a trader or an investor.  I would suggest that an investor would be one who would stay in bitcoin for at least a whole cycle, but likely even longer than that, so 4-10 years or longer, so if some folks are fucking around with getting in and out of bitcoin on shorter timelines then that is their choice.. seems a bit dumb, but whatever, people have their preferences... including that there are likely still a lot of people missing out on getting into bitcoin and getting a position in bitcoin so that they might have more options 4-10 years or longer down the road.. depending on their on individual particulars.

At the end of this month, my prediction is that Bitcoin prices will reach $70,000, and next month there is a big chance that Bitcoin will reach the latest ATH, and $100k will likely be reached this year.

I'm not sure about this. I even heard the prediction that we may drop to $60k again. We are not in the condition that there is a trigger to pump the price back to $70k. I think this correction will last until the end of this month. Another rally or net pump may be in the next month.

Well there is ONLY a bit over a week left in the month of June.. so whether the BTC price goes up or down from here for the remainder of this month is still to be seen... It seems that we are kind of in a consolidation zone between $55k and $82k, so I am not going to get too excited while we are still in such range . .and I also consider that the odds are slightly in favor of up rather than down within the range, but I am not going to make any proclamations in regards to how long that we might stay here.. .. and so earlier based on ongoing BTC ETF inflows (that seem to be less than positive in more recent times), I had been thinking that there were pretty decent odds that the BTC price could get to $120k to $180k this year and then end up consolidating in that range through the remainder of 2024 and then maybe have some kind of a higher ATH in 2025.. but yeah, just merely passing thoughts about probable areas that I am still not giving up upon. .even though surely short-term momentum does not seem to be heading up. at least not yet..

[wmaurik]

When I get frustrated with the market, I turn to Willy Woo's tweets. His theories about the current market situation are intriguing. He predicts a delayed return of Bitcoin, expecting it to rebound only after weak miners are forced out and the hash rate recovers. According to him, we can expect more pain and boredom in the market before a breakout occurs.

If a tweet from Willy Woo can be a cure for the frustration you experience because of market conditions, that's not bad for you. Because basically we all can't blame the market when we get frustrated because we're waiting for something that hasn't arrived yet, like the example of Bitcoin at $100K, but I just don't want to rely on just one person's predictions when it comes to the market and Bitcoin. Because I will continue to buy Bitcoin under any circumstances even if I have to face frustrations that are not important for now.

Currently Bitcoin still looks sideways with a price correction that is not that big and movement is quite slow in the market, but everyone still has to remain optimistic about the current conditions so that there is no need to feel frustrated in our own heads. And if, for example, this happens by itself, of course the person has to take leave from the market for a few days and use the time to have a picnic in order to be able to return to a fresher mentality and mind when they start returning to the market again after returning from the picnic.

[Agbamoni]

It's been a very long time, maybe in the last 2 months the price of Bitcoin has been stable between $60k-$70k and hasn't shown any signs of being bullish even though the halving has started. it's actually very realistic to expect bitcoin to reach $100k because before the halving started bitcoin's ATH was $73k. I think in the near future we shouldn't talk about $100k because bitcoin's biggest challenge right now is crossing $70k.

When the market is bullish or even bearish, there will always be a correction because it is impossible for the price of Bitcoin to always rise during bullish times and also during bearish times to always fall.
Currently, the price of Bitcoin is experiencing a correction and the factor of long-term holders who are reportedly taking profits so that the price of Bitcoin is experiencing pressure but long-term holders will not sell all of their possessions because they know that the price of Bitcoin is still targeting higher prices this year, so traders will make Bitcoin prices are starting to rise, but no one can analyze exactly when that will happen. At the end of this month, my prediction is that Bitcoin prices will reach $70,000, and next month there is a big chance that Bitcoin will reach the latest ATH, and $100k will likely be reached this year.

Of course, there is no time Bitcoin continue to dip without retracing back. If so, there will be no volatility for traders to trade. The system was built in a way that even if there is a bearish pattern the price of Bitcoin will dip and rise a little and keep fluctuating like that. I have never seen Bitcoin follow a bearish or bullish season completely without going in the opposite direction at least a little.



It's been a while since I saw such candles. What a good time to buy more Bitcoin because the price of Bitcoin will continue to dip irrespective of the green candle. It's a sign that it will take quite some time for the price to reach 100k at least not yet.

Guys what do you think?

[I_Anime]

When I get frustrated with the market, I turn to Willy Woo's tweets. His theories about the current market situation are intriguing. He predicts a delayed return of Bitcoin, expecting it to rebound only after weak miners are forced out and the hash rate recovers. According to him, we can expect more pain and boredom in the market before a breakout occurs.

  well if his prediction where right , then I think this time Around will be the best time to accumulate for more , expecially those that haven't gotten much stashes for themselves, or those who are new in their accumulation. Well still Bitcoin is still in bullish trend so I don't actually know how long it may take before, the breaking out stuff. But still I believe Bitcoin going to perform well it's still screaming out "I got a lot of potential to surge " . So well let's it take its time to gather more strength  .

Not all investors set their assets for a long term, some of them may take profits in a short term.

They might call themselves investors, but it sounds like you are describing a trader rather than an investor.

Exactly so I think you should rephrase that statement instead of putting Investor, you should have put traders. Because trader are those that normally focus on short-term profit. Investors are those that normally engage with long-term investment.

[JayJuanGee]

It's been a very long time, maybe in the last 2 months the price of Bitcoin has been stable between $60k-$70k and hasn't shown any signs of being bullish even though the halving has started. it's actually very realistic to expect bitcoin to reach $100k because before the halving started bitcoin's ATH was $73k. I think in the near future we shouldn't talk about $100k because bitcoin's biggest challenge right now is crossing $70k.

When the market is bullish or even bearish, there will always be a correction because it is impossible for the price of Bitcoin to always rise during bullish times and also during bearish times to always fall.
Currently, the price of Bitcoin is experiencing a correction and the factor of long-term holders who are reportedly taking profits so that the price of Bitcoin is experiencing pressure but long-term holders will not sell all of their possessions because they know that the price of Bitcoin is still targeting higher prices this year, so traders will make Bitcoin prices are starting to rise, but no one can analyze exactly when that will happen. At the end of this month, my prediction is that Bitcoin prices will reach $70,000, and next month there is a big chance that Bitcoin will reach the latest ATH, and $100k will likely be reached this year.

Of course, there is no time Bitcoin continue to dip without retracing back. If so, there will be no volatility for traders to trade. The system was built in a way that even if there is a bearish pattern the price of Bitcoin will dip and rise a little and keep fluctuating like that. I have never seen Bitcoin follow a bearish or bullish season completely without going in the opposite direction at least a little.

It's been a while since I saw such candles. What a good time to buy more Bitcoin because the price of Bitcoin will continue to dip irrespective of the green candle. It's a sign that it will take quite some time for the price to reach 100k at least not yet.

Guys what do you think?

There is nothing wrong with the contents of your post, except when you act as if there is a guarantee that bitcoin will go back up..

Sure, I don't have any problem with investing aggressively into bitcoin and making sure that each of us is adequately prepared for up.. I even recommend that guys make sure that they are sufficiently and adequately prepared for up since the overwhelming majority of the world's population has either no coins or few coins, so they are not sufficiently/adequately prepared for UP, yet at the same time my own preference that each of us strives to be sufficiently and/or adequately prepared for UP does mean that UP is guaranteed.