Bitcoin way forward - Towards $100k or $50k

[shinratensei_]

i don't believe it will come back to $50k maybe its only possible if bitcoin is getting corrected and we are coming in the accumulation zone again, but I think this current rally that bitcoin having doesn't really have that massive of a pullback to be called correction everyone really excited to bag some bitcoin to enjoy the rally im guessing that what makes bitcoin is kinda strong right now dipping but fastly recovering again.

the fact that there are many events that we haven't gone through yet such as halving and so on probably is the thing that makes many people excited and feeling like buying bitcoin because just in case if the rally truly comes in.
i think we can agree that we are still early into the rally, there will be last big one, because thats just how it is with past market chart.
but no one knows for sure, market is basically full of speculation no one know what direction bitcoin is gonna be taking but hopefully its a good one so that we can be having big profits out of it.

[wmaurik]

In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.

With Bitcoin returning to its current $70K price, it has changed my thinking a bit on the level of price decline, as I think more that Bitcoin can make this $70K move towards $100K rather than a price drop to $50 K again. Because the pressure on the purchasing power of many groups in Bitcoin could also be a reasonable reason to think that Bitcoin's price increase could still occur again in April. But I'm also quite prepared to see a price of $50K if that happens again to Bitcoin because I'm pretty sure that if it could happen again to Bitcoin, there would definitely be more people buying it straight away without waiting for tomorrow.

[LogitechMouse]

Re: Bitcoin way forward - Towards $100k or $50k

Bitcoin will go towards $100K 100%.
That massive dip that happened few weeks ago might be the final dip before the market goes up significantly. That dip gave us another opportunity to accumulate even more Bitcoins as well as other altcoins at a lower price.

I don't see Bitcoin going down to as low as $50,000 at least this year, and with the sentiment being bullish, it's more realistic that Bitcoin will reach $100,000 for the first time ever. Of course, I might be wrong though, but basing on history, the year where the halving event happens is most of the time a bullish year, so I expect the same for 2024, and will be the same for 2025 before we enter the bear market in 2026.

I also believe that Bitcoin will only reach $50,000 price again in 2026 when we enter the bear market.

[BABY SHOES]

Re: Bitcoin way forward - Towards $100k or $50k

Bitcoin will go towards $100K 100%.
That massive dip that happened few weeks ago might be the final dip before the market goes up significantly. That dip gave us another opportunity to accumulate even more Bitcoins as well as other altcoins at a lower price.

I don't see Bitcoin going down to as low as $50,000 at least this year, and with the sentiment being bullish, it's more realistic that Bitcoin will reach $100,000 for the first time ever. Of course, I might be wrong though, but basing on history, the year where the halving event happens is most of the time a bullish year, so I expect the same for 2024, and will be the same for 2025 before we enter the bear market in 2026.

I also believe that Bitcoin will only reach $50,000 price again in 2026 when we enter the bear market.

Confident that there won't be a more significant drop, I will be looking at $100K in the future.

I don't think there will be another moment of sharp decline and bitcoin has exceeded $70K at the moment while for those who bought at $62K the accumulation is quite good, it's just that there are some people with bitcoin down to $62K they want to go deeper as a result it doesn't happen instead the price goes back up again.

Nothing I we can only speculate we are only optimistic that the price of bitcoin will not drop to $50K let alone lower than that, now indeed sentiment is more bullish which is more positive for other trends then this will result in the market continuing green.

Maybe the bitcoin cycle will remain the same, $2026/27 will start bleeding again but that is still a long time away.

[bitzizzix]

What is happening with Bitcoin's current movement is just a healthy correction and has become a natural part of the market cycle and can occur due to several factors that you don't need to worry about. Such as profit taking by investors because the Bitcoin price has exceeded the previous ATH, market sentiment, the economy and other factors.
And usually the decline only occurs by 10% and will rise again by 10% and the current fluctuations are like a stable movement.
And in my opinion the Bitcoin price decline will not reach 50K and will probably be more towards the 65K-70K+ price trend, and after the halving the Bitcoin price will tend to rise slowly which will eventually reach 100K or even more than that. And this is just my opinion and there is no need to worry.

[Wexnident]

In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.

$100k. The drop wasn't anything surprising imo, it was bound to happen since the entire 2, or 3 months had been a pretty positive constant growth for Bitcoin. Was bound to happen at some point and it happening at the ATH was probably for the best since anything higher would've probably made it crash a lot lower. And now that that's happened, I'm assuming we're going to see a slow rally once again towards $100k. The assumption of $100k by the end of the year still looks like it's holding strong imo.

[BITCOIN4X]

~Snip

With Bitcoin returning to its current $70K price, it has changed my thinking a bit on the level of price decline, as I think more that Bitcoin can make this $70K move towards $100K rather than a price drop to $50 K again. Because the pressure on the purchasing power of many groups in Bitcoin could also be a reasonable reason to think that Bitcoin's price increase could still occur again in April. But I'm also quite prepared to see a price of $50K if that happens again to Bitcoin because I'm pretty sure that if it could happen again to Bitcoin, there would definitely be more people buying it straight away without waiting for tomorrow.

Only people who missed the train predicted the price of bitcoin would fall again to $50k, while others predicted $100k. I'm not sure about $50k in these bullish times, but anyone can wait for that day with preparation instead of hesitation. But rest assured, a halving is more likely to trigger a price increase than a major drop to $50k, so don't get your hopes up.

People will buy along the way, they will do DCA, do accumulation to increase their portfolio. I am optimistic about an increase, not the other way around, even though a price decrease is still very possible.

[hatshepsut93]

Upward trend seems to be more likely than the downward one. Keep in mind that the halvening itself is typically a sellf-the-news event, but this cycle already broke one of the trends that the price reaches the ATH after the halvening and not before. And the strong upward movement with only small corrections is also different from many previous upward trends that had huge corrections. I still think we'll see large and painful corrections but much later in the bull run when the price will be closer to $100k.

[mirakal]

In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k

I'm not sure a drop back to $50k was realistic, actually a big drop back to that was
more of hope by some.

The general thinking/expectation/consensus is that we are really heading in one
direction and thats further away from $50k. This current Bitcoin phase contains
the halving, its a bullish season and coupled with the number of ETF's will
only amplify that, so yea $100k becons.

I have this feeling that the price will no longer drop to $50k or below, but will stay on $60k range for now. But eventually, as we are fast heading to bitcoin halving, we will expect a higher price than the current price right now which is around $68k. If I were to speculate, I would say the target will be $100k above, which I find it more reasonable because aside from the ETF approval, bitcoin price may surprise us again by doubling its price just like it did a while ago.

I believe majority are optimistic about bitcoin price, but if the market won’t allow it and drop below $50k instead, then we’ll have no choice but to take advantage another opportunity again to accumulate more bitcoin and continue with DCA.

[electronicash]

price going back to $50k is actually good for us especially if you have been late in buying BTC and if whales permits, i think many of us will take this as a good sign that we are indeed blessed to see this happening. it may or may not happen but just get ready. $50k could be a bit too low around $60k will be fine. but you'd still be grateful if we'll see the price shoot to $100k. 

so many people hyping halving guarantees prices to go up, if financial institutions have to manipulate and change that view, making people panic during halving will make sense for them 

[kentrolla]

price going back to $50k is actually good for us especially if you have been late in buying BTC and if whales permits, i think many of us will take this as a good sign that we are indeed blessed to see this happening. it may or may not happen but just get ready. $50k could be a bit too low around $60k will be fine. but you'd still be grateful if we'll see the price shoot to $100k. 

so many people hyping halving guarantees prices to go up, if financial institutions have to manipulate and change that view, making people panic during halving will make sense for them 

True, financial institutions are capable of that and as I type this message I already see some panic as Bitcoin is on dip and trending around $68k so we cannot control the emotions of people which will be used as leverage by the institutions or whales if they decided to go for it. If te support at $66k breaks then itay head towards $60k which would be another opportunity for those who missed out but I think it's not gonna happen anytime soon or atleast this or the next week.

[Yaunfitda]

price going back to $50k is actually good for us especially if you have been late in buying BTC and if whales permits, i think many of us will take this as a good sign that we are indeed blessed to see this happening. it may or may not happen but just get ready. $50k could be a bit too low around $60k will be fine. but you'd still be grateful if we'll see the price shoot to $100k. 

so many people hyping halving guarantees prices to go up, if financial institutions have to manipulate and change that view, making people panic during halving will make sense for them 

True, financial institutions are capable of that and as I type this message I already see some panic as Bitcoin is on dip and trending around $68k so we cannot control the emotions of people which will be used as leverage by the institutions or whales if they decided to go for it. If te support at $66k breaks then itay head towards $60k which would be another opportunity for those who missed out but I think it's not gonna happen anytime soon or atleast this or the next week.

And we dip a bit further now to $67k, but I don't think this is a concern or we need to panic. We have seen worst from $73k-$62k. Maybe it's the usual taking the profits when we hit like $71k earlier. There could be manipulations but I don't think that they can influence and make the market dip to $50k. Yes, going back to $50k is good as we can go buy cheap BTC, but I don't think there will be any news that can pull that price unless their is a big exchange exit scamming or collapsing, like a black swan event in FTX and SBF like scandal. We are in the bullish sentiments and we are just patiently waiting for the block halving to happen and then $100k this year.

[justdimin]

I'm not sure a drop back to $50k was realistic, actually a big drop back to that was
more of hope by some.

The general thinking/expectation/consensus is that we are really heading in one
direction and thats further away from $50k. This current Bitcoin phase contains
the halving, its a bullish season and coupled with the number of ETF's will
only amplify that, so yea $100k becons.

I have this feeling that the price will no longer drop to $50k or below, but will stay on $60k range for now. But eventually, as we are fast heading to bitcoin halving, we will expect a higher price than the current price right now which is around $68k. If I were to speculate, I would say the target will be $100k above, which I find it more reasonable because aside from the ETF approval, bitcoin price may surprise us again by doubling its price just like it did a while ago.

I believe majority are optimistic about bitcoin price, but if the market won’t allow it and drop below $50k instead, then we’ll have no choice but to take advantage another opportunity again to accumulate more bitcoin and continue with DCA.

I do agree that 50k will probably never happen again. I believe that it won't happen these days, that much is guaranteed and I can see that, but at the same time we need to rethink about how we are going to be doing in the future as well, so that means we will have a bull run where the price goes up a lot, but then we need to reconsider the situation a bit more. What comes after the bull run? A bear run, and that means we are going to face a bear run in the future as well. Would it go under 50k next bear run?

I mean we have seen 70k and then under 20k last time around, so we know that it can go down a lot. I am not entirely sure if we can stay above 50k on the next bull run, it depends on the bull run and how high it goes.

[Smack That Ace]

price going back to $50k is actually good for us especially if you have been late in buying BTC and if whales permits, i think many of us will take this as a good sign that we are indeed blessed to see this happening. it may or may not happen but just get ready. $50k could be a bit too low around $60k will be fine. but you'd still be grateful if we'll see the price shoot to $100k. 

so many people hyping halving guarantees prices to go up, if financial institutions have to manipulate and change that view, making people panic during halving will make sense for them 

True, financial institutions are capable of that and as I type this message I already see some panic as Bitcoin is on dip and trending around $68k so we cannot control the emotions of people which will be used as leverage by the institutions or whales if they decided to go for it. If te support at $66k breaks then itay head towards $60k which would be another opportunity for those who missed out but I think it's not gonna happen anytime soon or atleast this or the next week.

And we dip a bit further now to $67k, but I don't think this is a concern or we need to panic. We have seen worst from $73k-$62k. Maybe it's the usual taking the profits when we hit like $71k earlier. There could be manipulations but I don't think that they can influence and make the market dip to $50k. Yes, going back to $50k is good as we can go buy cheap BTC, but I don't think there will be any news that can pull that price unless their is a big exchange exit scamming or collapsing, like a black swan event in FTX and SBF like scandal. We are in the bullish sentiments and we are just patiently waiting for the block halving to happen and then $100k this year.

If someone wants bitcoin to drop to $50k or more then they will always have a way to make it drop, they don't need to use black swan reasons like FTX or Luna. Because I don't see a drop to $50k as a huge drop, and it's entirely possible. Bitcoin was able to surge from $17k to $73k within 1 year, so it is not surprising that it corrected to the $50k region.
Currently, bitcoin is trading below 67k$ and I think no one expected this but it happened, so what we need to do is have a backup plan, don't be subjective and think that 50k$ won't happen.

[poodle63]

price going back to $50k is actually good for us especially if you have been late in buying BTC and if whales permits, i think many of us will take this as a good sign that we are indeed blessed to see this happening. it may or may not happen but just get ready. $50k could be a bit too low around $60k will be fine. but you'd still be grateful if we'll see the price shoot to $100k. 

so many people hyping halving guarantees prices to go up, if financial institutions have to manipulate and change that view, making people panic during halving will make sense for them 

well its good for some and not good for some thats just how it is with investing but I don't think that $50k could be touched this bullrun around the halving is near only half month left and we are in a halving already where price of bitcoin expected to shoot up, not instantly but gradually like the previous bullrun and then suddenly went up high enough to reach unthinkable heights and thats what I'm awaiting.
personally if the price just dipping out and decrease lower than $60k, indeed its gonna be a good accumulation zone for those that try to get in, we haven't reached the all time high of targeted $100k as many people haven predicted after all so there's many opportunity left.
personally though i prefer if the price just shoots up to $100k instantly thats gonna be huge and the next bullrun might not be dumping too low, remember past bullrun significant price decrease of 80% and more is caused by certain company went bankrupt and certain coin depegging where the market cap reaches billion and suddenly gone.

[wmaurik]

True, financial institutions are capable of that and as I type this message I already see some panic as Bitcoin is on dip and trending around $68k so we cannot control the emotions of people which will be used as leverage by the institutions or whales if they decided to go for it. If te support at $66k breaks then itay head towards $60k which would be another opportunity for those who missed out but I think it's not gonna happen anytime soon or atleast this or the next week.

Support at the beginning of this week was seen at $66K even though it was below that for a few hours, but I also don't think that the Bitcoin price will go straight to $60K this week or next week. Because the purchasing power of many people is definitely still there and it will continue to be utilized by everyone who doesn't want to just let this happen, but for now we all also need to see whether the whales will release some of the Bitcoins they currently have. If they do not release a certain amount of Bitcoin at this time, the possibility of another price increase could occur in the near future.

[dezoel]

I think that because Bitcoin halving is just in a few weeks away therefore I don't see a major price dip of reaching $50k before it happens, price can fluctuate slightly but after the halving, we'll begin to see a progressive price pump to bull run. I'm quite positive that we'll see price that can surpass $100k by the end of this year, and in the peak of bull run I'm looking at price reaching $200k at a new ATH. The Bitcoin ETF will make us to see a massive bull run in this season, the test of it is reaching a new ATH before halving, so it's not too late to keep accumulating.

It is also because there are speculators who think that bitcoin will go on a dump prior to the halving. But we have to think that it's a different cycle now. The pattern has change, we've reach new all time high before the halving itself.

And then we have institutions very interested on putting their billions specially with the approval of Bitcoin ETF. So I don't see a $50k but instead we will continue this bull run right after the halving and then we will reach $100k or more this year. But the most fun part is 2025 wherein we see at least $150k as the new all time high for us.

There will always be speculators who are like that but it does not mean they are worried and they will only buy more once BTC truly dips. Halving is the main event and the huge pump can only come during it which will cause more people to sell and that must only be time for us to see a dip in the price of BTC.

The effect of ETF must be responsible for the new ATH that we see right now but not only institutions are pouring their money here but also regular individuals. They are now more confident to invest in BTC this time. Seeing $100k is already fun and there might be a correction first or a bear market after it which will allow us to see $50k again before $150k.

[bluebit25]

While it is always difficult to say what will happen in the short term, it is very likely that Bitcoin will trade steadily with some small price drops instead of falling to $53k before the halving.

My view is that Bitcoin will remain stable at around $65k - $70k until the next halving. It is then likely to send the market soaring, marking the new start of a sharp rally towards ATH.

[Mahanton]

In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.

There are even people who do expect for that $35k drop but usually they are really that project to 50k drop but the main question is, would it happen? Or we would really be considering that 60k+ drop would be its last
before the train leaves? No one really knows on what the future looks like on which it would really be just that normal that we would really be having those hesitation on making up some position specially when you are doing futures or even on spot. If you are someone whose really that comes after for long term holds then these movements wont really be an issue or bothersome on your part.
There are really just that moments that we cant really be able to avoid not to mind on whats next for this market.

Forward or backwards? No one knows on whats next. Market sentiments could neither give out that effect or not. Not every news or fundamentals could move or impact market prices.
Even if we do speak about technical approach on which its not really be that a guarantee.

[Zigabel]

In last two week we have seen a fluctuation in the price of Bitcoin as at one point it looked like it will drop to $50k but quickly it rebounded back and crossed $71k once again and now it just under $70k. What do you think would be the next zone, will Bitcoin rally towards the long awaited $100k mark or dip towards $50k? I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.

I doubt if Bitcoin would get to $100k so soon because there are projections in to the halving before the expected Bull run and all these definitely influences the response and the attitude of traders and investors in Bitcoin so we shouldn't be expecting a surge in price with enough reason for reactions that will cause such surge and one of the reasons such reactions could actually happen is the anticipation of the bull run but firstly there was much nosie in recent times that tool Bitcoin to $71k due to the recent happenings around Bitcoin one of which was the announcement of SEC approval of ETF and also the anticipated halving which is expected to take place weeks from now.

Understanding the happenings around the Bitcoin community will help a lot to predict possible movement and price of Bitcoin over a certain period of time not mare speculations and exaggerations from speculators, if you want to speculate price check for possibilities and the time frame realistic enough for certain movements to take place to influence the price of Bitcoin after which you can then get to a realistic figure even if this actually does not guarantee accuracy but it will actually mean a whole lot to how well your speculations would make sense enough.