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

[justdimin]

Too early to talk about 100,000$ yet. Bitcoin is fighting to gain position above 66,000$ resistance level right now, still above the 65,000$ line relatively stable. I hope we don't see a new correction to 50,000$, because it would delay the progress towards a new ATH. Anyway, it doesn't look like it's going to have a correction like that, because the price doesn't fall below 60,000$ since March, even during delicate moments like the one we faced yesterday.

The tendency is that Bitcoin breaks the next resistance levels and consolidate its price above the 70,000$ mark as we approach and pass through the halving date. There are good expectations we will see Bitcoin hitting 100,000$ or 150,000$ until the end of this bullish cycle. So, I guess our chances are more optimistic than pessimistic at this time, although we shouldn't neglect the possibility of the global scenario influencing Bitcoin negatively at some point futurely if the conflicts and hostility escalate in the East.

I do not think that it is "too early" to talk about it, we are going to go towards 100k, no matter what happens, even when the price goes down, it is not going towards 50k anymore and that is gone. We are in a bull market and the price will keep going higher. I think it should be the most important part.

I think it could be the most important part. I believe that we should be considering this situation to be sensitive, and I believe that if we are doing the right moves then 100k should not be impossible in the near future. I still think that it could be done within next 12 months and that is why I believe that most people are buying even after such big falls. That is the most key figure of this situation and can't really change it.

[CryptoBuds]

Too early to talk about 100,000$ yet. Bitcoin is fighting to gain position above 66,000$ resistance level right now, still above the 65,000$ line relatively stable. I hope we don't see a new correction to 50,000$, because it would delay the progress towards a new ATH. Anyway, it doesn't look like it's going to have a correction like that, because the price doesn't fall below 60,000$ since March, even during delicate moments like the one we faced yesterday.

The tendency is that Bitcoin breaks the next resistance levels and consolidate its price above the 70,000$ mark as we approach and pass through the halving date. There are good expectations we will see Bitcoin hitting 100,000$ or 150,000$ until the end of this bullish cycle. So, I guess our chances are more optimistic than pessimistic at this time, although we shouldn't neglect the possibility of the global scenario influencing Bitcoin negatively at some point futurely if the conflicts and hostility escalate in the East.

I do not think that it is "too early" to talk about it, we are going to go towards 100k, no matter what happens, even when the price goes down, it is not going towards 50k anymore and that is gone. We are in a bull market and the price will keep going higher. I think it should be the most important part.

I think it could be the most important part. I believe that we should be considering this situation to be sensitive, and I believe that if we are doing the right moves then 100k should not be impossible in the near future. I still think that it could be done within next 12 months and that is why I believe that most people are buying even after such big falls. That is the most key figure of this situation and can't really change it.

I agree with you. The correction is ongoing but that doesn't mean bitcoin can't reach 100k USD, don't forget that bitcoin's volatility is still huge and it's not too difficult for it to reach 100k USD in the near future. Many people are scared and starting to be pessimistic when they see bitcoin correcting in recent days, but I don't see anything too worrying and bitcoin will continue to conquer new ATHs instead of falling to 50k USD as many guess, IMO.

Bear season is over and what's happening is just a healthy correction in the bull season, so take advantage of every sale instead of fearing it.

[EarnOnVictor]

Too early to talk about 100,000$ yet. Bitcoin is fighting to gain position above 66,000$ resistance level right now, still above the 65,000$ line relatively stable. I hope we don't see a new correction to 50,000$, because it would delay the progress towards a new ATH. Anyway, it doesn't look like it's going to have a correction like that, because the price doesn't fall below 60,000$ since March, even during delicate moments like the one we faced yesterday.

The tendency is that Bitcoin breaks the next resistance levels and consolidate its price above the 70,000$ mark as we approach and pass through the halving date. There are good expectations we will see Bitcoin hitting 100,000$ or 150,000$ until the end of this bullish cycle. So, I guess our chances are more optimistic than pessimistic at this time, although we shouldn't neglect the possibility of the global scenario influencing Bitcoin negatively at some point futurely if the conflicts and hostility escalate in the East.

I do not think that it is "too early" to talk about it, we are going to go towards 100k, no matter what happens, even when the price goes down, it is not going towards 50k anymore and that is gone. We are in a bull market and the price will keep going higher. I think it should be the most important part.

I think it could be the most important part. I believe that we should be considering this situation to be sensitive, and I believe that if we are doing the right moves then 100k should not be impossible in the near future. I still think that it could be done within next 12 months and that is why I believe that most people are buying even after such big falls. That is the most key figure of this situation and can't really change it.

You talk like a perfect seer/speculator which I do not advise anyone to do, Bitcoin is an asset and any asset could behave anyhow at times. And if at all you have the view that an asset can perform in a way, you should have backed that with a good explanation or analysis rather than just calling a price. What most people would say is what you just said, as if Bitcoin cannot have its own challenges and move toward $50,000. Why not? If Bitcoin goes lower to break the yearly low, it will surely turn bearish in sentiment and might hit $50,000 as if it was nothing. Notwithstanding, it will take it time to stabilise above that level to achieve your positive view, and I think that this is constructive enough.

As for the hitting of the $100,000, it is never impossible, and as a matter of fact, that is what most people expect. But have you also thought about where Bitcoin will get the higher capital to hit that level? Its liquidity demand is reducing. It has been struggling for months having been reluctant to breach above the year's ATH of about $73,850. How are you sure it would find it easy to reach the level now which will warrant it moving higher easily as you expected? Still, halving and people's reaction will play a key role here and you should know that Bitcoin will not automatically rise to $100,000. Let the sentiment of the market guide us effectively even as we are studying our charts for effective guidance above anything else.

[Gladitorcomeback]

I agree with you. The correction is ongoing but that doesn't mean bitcoin can't reach 100k USD, don't forget that bitcoin's volatility is still huge and it's not too difficult for it to reach 100k USD in the near future. Many people are scared and starting to be pessimistic when they see bitcoin correcting in recent days, but I don't see anything too worrying and bitcoin will continue to conquer new ATHs instead of falling to 50k USD as many guess, IMO.

Bear season is over and what's happening is just a healthy correction in the bull season, so take advantage of every sale instead of fearing it.

The correction is temporary and we all know it, there will be no fun in the market if there are no corrections or dips because these corrections and dips are the reason why the market is profitable, imagine if there was not much volatility in the market, trading and investments wouldn't be profitable and I'm pretty sure we would have less popularity for the industry compared to what it has today. So dips, corrections, and all these things are very much important to keep the market alive.

People who think that the market might dip to $50k might be right, we can't be sure about anything because the market is unpredictable, but one thing is for sure, whether it goes to $50k or not, it will still have the potential to go back to $100k during the bull run, and that is the most important thing.

[michellee]

The correction is ongoing but that doesn't mean bitcoin can't reach 100k USD, don't forget that bitcoin's volatility is still huge and it's not too difficult for it to reach 100k USD in the near future. Many people are scared and starting to be pessimistic when they see bitcoin correcting in recent days, but I don't see anything too worrying and bitcoin will continue to conquer new ATHs instead of falling to 50k USD as many guess, IMO.

Bear season is over and what's happening is just a healthy correction in the bull season, so take advantage of every sale instead of fearing it.

Yes, the correction is still ongoing. Bitcoin can reach $100k in the near future or even some time away. We just need to wait until the time comes and that means we still have time to accumulate more Bitcoins.

Just let those who are pessimistic because they don't know how strong Bitcoin is. Bitcoin will start to rise again and if they are still pessimistic, they will not make a profit. If the price of Bitcoin falls to $50k, it allows us to buy more Bitcoin.

No matter what, the downturn season is over or will continue. However, this correction may persist for some time. So we should continue analyzing when we can accumulate more Bitcoins.

[rodskee]

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.

Maybe this post is more appropriate to ask today as the halving is days before to happen and the
market is showing weak hold in each positions specially bitcoin so for me this might be the downfall, 50k
level is coming and we cannot assure our keeping and with that better be ready to what may happen
any time soon.

[CryptoBuds]

The correction is ongoing but that doesn't mean bitcoin can't reach 100k USD, don't forget that bitcoin's volatility is still huge and it's not too difficult for it to reach 100k USD in the near future. Many people are scared and starting to be pessimistic when they see bitcoin correcting in recent days, but I don't see anything too worrying and bitcoin will continue to conquer new ATHs instead of falling to 50k USD as many guess, IMO.

Bear season is over and what's happening is just a healthy correction in the bull season, so take advantage of every sale instead of fearing it.

Yes, the correction is still ongoing. Bitcoin can reach $100k in the near future or even some time away. We just need to wait until the time comes and that means we still have time to accumulate more Bitcoins.

Just let those who are pessimistic because they don't know how strong Bitcoin is. Bitcoin will start to rise again and if they are still pessimistic, they will not make a profit. If the price of Bitcoin falls to $50k, it allows us to buy more Bitcoin.

No matter what, the downturn season is over or will continue. However, this correction may persist for some time. So we should continue analyzing when we can accumulate more Bitcoins.

Corrections will always appear even during bull season, we cannot expect that when entering bull season bitcoin price will only increase and increase and never correct. But the correction during the bull season is completely different from the bear season, meaning we will not fall too deeply and will also quickly recover and conquer new peaks afterwards. Unlike during bear season when corrections are constant and bitcoin continuously creates new price lows. That's why I don't feel scared or worried about bitcoin's recent corrections.

[Sebas.tian]

Corrections are not a new experience in the market even though we are in the bull season but don't get too quick to judge and say, we're going down because it dropped already, and never say we're going $100k because it pumps. The journey of Bitcoin is way forward but of course, not that fast and easy. We may hear people speculating too high like $100k, $150k, and $200k as a new ATH but none of us knows what is coming.

The market price is not too low for investors to conclude yet, because the price is still around $64,865 which I know that bearish season is very far from the market, if the price continue through out this month of April, and the opportunity for long term investors to experience $100,000 this year is still there before the bearish season will come up. I heard some holders said that the price will not increase higher when the price decreased from $73,431 to $66,612 few weeks ago, but it was a great surprised to them when they saw the price increase back to $72,721 before it decreased to this current price in the market. I strongly believe that there will still be a massive increase that will make other holders to release their remaining Bitcoin for sale to make a passive income and get ready for another bearish season that will take over after the bullish season that is on board right now.

[Roseline492]

I do not think that it is "too early" to talk about it, we are going to go towards 100k, no matter what happens, even when the price goes down, it is not going towards 50k anymore and that is gone. We are in a bull market and the price will keep going higher. I think it should be the most important part.

Bitcoin has gotten to the point were it will be very difficult dropping to 50k instead it will only fluctuate on some certain zone though so many speculators has predicted Bitcoin to make some correction but I doubt if the correction will get to 50k and besides if the price will drop to 50k it would have done that before now, so since the price did not drop to 50k before now that means it will not test that level, however with the price level now getting to 100k will be the next move and will not take long to achieve it because it is believed that whenever the price fluctuates on this level for a while when it moves it goes very fast.

[michellee]

Corrections will always appear even during bull season, we cannot expect that when entering bull season bitcoin price will only increase and increase and never correct. But the correction during the bull season is completely different from the bear season, meaning we will not fall too deeply and will also quickly recover and conquer new peaks afterwards. Unlike during bear season when corrections are constant and bitcoin continuously creates new price lows. That's why I don't feel scared or worried about bitcoin's recent corrections.

With this correction, Bitcoin prices could rise higher again. But there will come a time when the high price has been reached and finally, the price will experience a correction and end in a deep decline. So far, that is what has happened with Bitcoin.

The correction in this bull season occurred after a temporary high Bitcoin price was reached. Now, the price is starting to appear to increase, but we must remain alert if a correction occurs again. But we don't need to fear what will happen because even if there is another correction, we will see the price rise again.

We just need to prepare ourselves for the arrival of bull season. We still have time to buy Bitcoin again, especially since the price is still $63k.

[tengui]

Current market conditions are quite confusing because usually when approaching the halving, the Bitcoin price will continue to move up. However, it can be said that the price of bitcoin is currently tending to fall, and my observation is that the price of bitcoin has been stuck in the range of $60k-$70k for a long time. In which direction the bitcoin price moves after this will determine where the next bitcoin price moves, $50k or $100k.

[AirtelBuzz]

Current market conditions are quite confusing because usually when approaching the halving, the Bitcoin price will continue to move up. However, it can be said that the price of bitcoin is currently tending to fall, and my observation is that the price of bitcoin has been stuck in the range of $60k-$70k for a long time. In which direction the bitcoin price moves after this will determine where the next bitcoin price moves, $50k or $100k.

Just because the market is currently volatile doesn't mean Bitcoin won't reach $100K, it just needs time. It is possible that even after Bitcoin-Halving, Bitcoin price can reach $100k dollars. The market is correcting now many people are thinking that bitcoin price will fall to $50k dollar but it seems impossible. Although we are only days away from such an important event as Bitcoin halving. We have been seeing Bitcoin price hovering around $70k$ for several days now. There was a correction in the market from $70k dollars where the price of Bitcoin came to $63k dollars maybe it was a big dumping for the market. Then again the price of bitcoin increased again maybe the price of bitcoin will not reach $50k dollars before bitcoin halving.

[Ayers]

Current market conditions are quite confusing because usually when approaching the halving, the Bitcoin price will continue to move up. However, it can be said that the price of bitcoin is currently tending to fall, and my observation is that the price of bitcoin has been stuck in the range of $60k-$70k for a long time. In which direction the bitcoin price moves after this will determine where the next bitcoin price moves, $50k or $100k.

Just because the market is currently volatile doesn't mean Bitcoin won't reach $100K, it just needs time. It is possible that even after Bitcoin-Halving, Bitcoin price can reach $100k dollars. The market is correcting now many people are thinking that bitcoin price will fall to $50k dollar but it seems impossible. Although we are only days away from such an important event as Bitcoin halving. We have been seeing Bitcoin price hovering around $70k$ for several days now. There was a correction in the market from $70k dollars where the price of Bitcoin came to $63k dollars maybe it was a big dumping for the market. Then again the price of bitcoin increased again maybe the price of bitcoin will not reach $50k dollars before bitcoin halving.

Investor psychology is like that, most will be excited and continue to be optimistic when they see bitcoin price increase, but they will quickly change their opinion as soon as they see bitcoin correct. I'm also starting to see a lot of people are no longer optimistic about bitcoin going up in price after halving or bitcoin reaching $100k, people are leaning towards bitcoin dropping to $50k.

To be fair, the market is always the same, still unpredictable. The fact that we constantly make short-term predictions only makes us tired and discouraged with our investments. It will be better for us to have a long-term vision, and in the long run, bitcoin hitting the $100k is almost certain.

[Yaunfitda]

Current market conditions are quite confusing because usually when approaching the halving, the Bitcoin price will continue to move up. However, it can be said that the price of bitcoin is currently tending to fall, and my observation is that the price of bitcoin has been stuck in the range of $60k-$70k for a long time. In which direction the bitcoin price moves after this will determine where the next bitcoin price moves, $50k or $100k.

No, before the halving, we might experience down downside, or what others call the last leg before the actual bull run that is going to happen right after the halving. So it's not that confusing if you have been in the market for quite sometime now. On the other hand, this is what majority is expecting and then they will have to take advantage of it buy buying some or for those whales, maybe getting more. And it's obvious that we will not see $50k, we are still above $60k, and so that is good enough price before the halving itself. For us to reach $100k, it should be after the block halving as the supply is going down but the demand is keeping up and there could be government or institutions that are going to invest in the following years to push the price to a six digit.

[YOSHIE]

I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.

Overall, as you said, speculation and predictions about Bitcoin are not correct/accurate, there are many Bitcoin experts currently speculating about the future of Bitcoin, Not only experts, companies often spread rumors about their speculation about Bitcoin's sustainability
For example:
Such as Bit Mining company Youwei, James Butterfill chief researcher at CoinShares and including Antoni Trenchev, Carol Alexander and Matrixport they speculate and predict variously about the price of Bitcoin, $70-$150k for this year.

But, personally, I will predict Bitcoin's highest price for this year at around $80, after that it will be the opposite of what that person predicted, but I remain optimistic, Bitcoin will be better than the current price.

[fuguebtc]

I know no one can speculate or predict it accurately but just share your thoughts with any valid reasons behind it.

Overall, as you said, speculation and predictions about Bitcoin are not correct/accurate, there are many Bitcoin experts currently speculating about the future of Bitcoin, Not only experts, companies often spread rumors about their speculation about Bitcoin's sustainability
For example:
Such as Bit Mining company Youwei, James Butterfill chief researcher at CoinShares and including Antoni Trenchev, Carol Alexander and Matrixport they speculate and predict variously about the price of Bitcoin, $70-$150k for this year.

But, personally, I will predict Bitcoin's highest price for this year at around $80, after that it will be the opposite of what that person predicted, but I remain optimistic, Bitcoin will be better than the current price.

But I want to ask you further , do you mean this year's highest ATH is $80k and is that the highest ATH this bull season or just this year's ATH, and will bitcoin reach even higher ATH during the bull season 2025? If $80k is the final ATH you expect this bull season then you are actually quite modest and your assessment of bitcoin's potential is quite low .

My prediction is that the bull season will start in the fourth quarter of this year and last until 2025, and I believe this will be a super cycle so I am very optimistic about bitcoin's ATH . I even believe it could touch $150k or more once the bull season is over.

[martinex]

No, before the halving, we might experience down downside, or what others call the last leg before the actual bull run that is going to happen right after the halving. So it's not that confusing if you have been in the market for quite sometime now. On the other hand, this is what majority is expecting and then they will have to take advantage of it buy buying some or for those whales, maybe getting more. And it's obvious that we will not see $50k, we are still above $60k, and so that is good enough price before the halving itself. For us to reach $100k, it should be after the block halving as the supply is going down but the demand is keeping up and there could be government or institutions that are going to invest in the following years to push the price to a six digit.

I also have something in common at least this year BTC price will come above 100K, whether sooner or later of course this is very correlated with Bitcoin price movements and transaction fees after the halving or before the halving means that if we want to be more specific continue to monitor the market.

Well, back to the OP question above I think it's a straight question to the point and I also want to say that before the halving is over, my filling price will correct a little bit strongly whether it will be below 60K or maybe even deeper 50K and of course this is also the impact of Bitcoin 2024 Halved after all the new price reversal begins.

[dunfida]

No, before the halving, we might experience down downside, or what others call the last leg before the actual bull run that is going to happen right after the halving. So it's not that confusing if you have been in the market for quite sometime now. On the other hand, this is what majority is expecting and then they will have to take advantage of it buy buying some or for those whales, maybe getting more. And it's obvious that we will not see $50k, we are still above $60k, and so that is good enough price before the halving itself. For us to reach $100k, it should be after the block halving as the supply is going down but the demand is keeping up and there could be government or institutions that are going to invest in the following years to push the price to a six digit.

I also have something in common at least this year BTC price will come above 100K, whether sooner or later of course this is very correlated with Bitcoin price movements and transaction fees after the halving or before the halving means that if we want to be more specific continue to monitor the market.

Well, back to the OP question above I think it's a straight question to the point and I also want to say that before the halving is over, my filling price will correct a little bit strongly whether it will be below 60K or maybe even deeper 50K and of course this is also the impact of Bitcoin 2024 Halved after all the new price reversal begins.

Generally if we do speak about price movements then there's no one on this world would really be able to know on where prices would really be going on which this means that price could neither go up $100k or down $50k or even more lower on which we know that this market is never been predictable and never been that known and this is why we do really keep on guessing and speculating because this market is never been predictable in the first place. This is why each trader or investor would really be finding up their ways on how they would really be making themselves that effective into this unpredictable space. We do know that there's no such
thing about a perfect trader on which no matter how well we do make use of our analysis on which several market factors could really make out that effect.

This is why it would really be better that you should really know on how to make yourself handled out on this speculative space on which you know that you do really need up
to be versatile or having tons of back up plans.

[Hallroom]

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.

Halving is currently taking place, so the price of Bitcoin will be very low. Because halvings were organized in 2012 and 2016 and 2020, and every year the price of Bitcoin is under the control of investors. So in 2024, Bitcoin halving will start for the fourth time and it is normal for Bitcoin price to be on the low side at this time. And going into the next year, the price of Bitcoin could see a higher peak in what is known as the big bull run.

[Gaza13]

These two prices are of course what everyone wants when there is a rapid decrease or increase in prices. If you see that the price of Bitcoin is much cheaper and meets your price expectations, you should not delay any longer. Just buy and increase your investment assets. There is also the typical person who sees the price, say $50k, and is afraid to buy it and he is still waiting for the next dip to buy bitcoin. For me personally, this is how important it is for us to know the DCA technique, we will get the best average price for our investment, yes of course I will buy every month.