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

[Kelvinid]

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. Indeed, it was just a sort of market speculation and possibly be wrong no matter what.

Anyway, we enjoy speculating the market and we did based on what we see. The past events give us hints about where we are now but are not enough to tell us where we are going a few years from now.

[1715091628]

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[1715091628]

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[bettercrypto]

I think we might hit $50k compared to $100K in the near term. You need to understand that the entire economy will burst soon but nobody knows when. When people are dumping stocks, crypto will also suffer. Question is whether this will happen in the next few months or will it take years.

We can still break ATH but $100K is still a long way away. $50k is much much closer at these current prices. And it all boils down too how the flows will be in the next few weeks. Last week was positive but week prior was negative.

In my opinion, we are still in a short correction for now. To be honest, if it goes down to 60k, it really means that it is possible that the lowest momentum it can reach that depth is 50k-55k before the halving itself comes of Bitcoin.

Because I also believe that when the day of the bitcoin halving comes, Bitcoin will for sure rally again in the market at the same time as the top altcoins, and after the halving, another correction will happen again, and we don't know how deep it will happen again. And that is the thing that we will find out that day itself.

[wmaurik]

In my opinion, we are still in a short correction for now. To be honest, if it goes down to 60k, it really means that it is possible that the lowest momentum it can reach that depth is 50k-55k before the halving itself comes of Bitcoin.

Because I also believe that when the day of the bitcoin halving comes, Bitcoin will for sure rally again in the market at the same time as the top altcoins, and after the halving, another correction will happen again, and we don't know how deep it will happen again. And that is the thing that we will find out that day itself.

If this can really happen to the market and also to Bitcoin this year, I think everyone will definitely be more prepared in waiting for this to happen. Both mental readiness and capital readiness to buy again when a decline occurs in Bitcoin and also in others. Because everyone still really wants more profits through Bitcoin in the current moment, there will definitely be certain parties who sell Bitcoin before the halving occurs, which can cause a decline in the price of Bitcoin in the market. So this is probably something everyone will be very wary of before the next bull run in Bitcoin.

[usekevin]

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.

The reason for the pump in the bitcoin price is the halving in the bitcoin price and which leads to the rise of the price of the most of the cryptocurrencies.The potential crypto currency surely change based on the bitcoin,other currency may or may not impacted by the price change in bitcoin.As we come across the 70k dollar in the bitcoin price,the next target of the bitcoin will be 100k dollars.So the better way to hold your money is hold the money in the bitcoin.It help to multiple your holding dollars in the wallet by the raise of the bitcoin value.It’s almost not possible for the bitcoin to back to the 50k dollars because we are in the bull run due to the bitcoin halves.

If this can really happen to the market and also to Bitcoin this year, I think everyone will definitely be more prepared in waiting for this to happen. Both mental readiness and capital readiness to buy again when a decline occurs in Bitcoin and also in others. Because everyone still really wants more profits through Bitcoin in the current moment, there will definitely be certain parties who sell Bitcoin before the halving occurs, which can cause a decline in the price of Bitcoin in the market. So this is probably something everyone will be very wary of before the next bull run in Bitcoin.

The many people start to inverse in the bitcoin by getting loan from their friends.I had come across some of the forum members had requested loan to inverse in the bitcoin because of the next bull.Because the bull run in the halves will help the investors to make huge profits by investing in the potential coins.The money should be invested after the investigation of the cryptocurrency,even the experienced traders use their money to inverse in the bitcoin without investigating.Because the bitcoin had the biggest base of decade and many was in bitcoin over a decade by holding their valuable money in bitcoin to earn huge profit.

[kentrolla]

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. Indeed, it was just a sort of market speculation and possibly be wrong no matter what.

Anyway, we enjoy speculating the market and we did based on what we see. The past events give us hints about where we are now but are not enough to tell us where we are going a few years from now.

I am not speculating or advising anyone about market rather seeking suggestions as it may help us understand what others think of the current market trend and the pointa they have considered to conclude their opinion and to be honest the past event hints cannot be trusted as the hints from past years and cycles have been proven to be incorrect this cycle.

[erep]

In my opinion, we are still in a short correction for now. To be honest, if it goes down to 60k, it really means that it is possible that the lowest momentum it can reach that depth is 50k-55k before the halving itself comes of Bitcoin.

Because I also believe that when the day of the bitcoin halving comes, Bitcoin will for sure rally again in the market at the same time as the top altcoins, and after the halving, another correction will happen again, and we don't know how deep it will happen again. And that is the thing that we will find out that day itself.

If this can really happen to the market and also to Bitcoin this year, I think everyone will definitely be more prepared in waiting for this to happen. Both mental readiness and capital readiness to buy again when a decline occurs in Bitcoin and also in others. Because everyone still really wants more profits through Bitcoin in the current moment, there will definitely be certain parties who sell Bitcoin before the halving occurs, which can cause a decline in the price of Bitcoin in the market. So this is probably something everyone will be very wary of before the next bull run in Bitcoin.

Of course we have to be aware of market economic conditions so that we can cut profits at the previous highest price if we want to increase the value of portfolio assets. I always carry out an investment strategy like this rather than holding assets for the long term, but I will buy back at a lower price.

This investment step is to increase the asset value higher than before even though the investment strategy is not recommended but I have successfully carried out this investment strategy from the last market period and I have achieved higher profits compared to having the previous amount of assets.

[AnonBitCoiner]

Fluctuations occurs all the time in the price of bitcoin as well as other coins and few days has been remaining in which there will be more Fluctuations but I assume that price will not go down from 50k$. Once it reduces to 50k$ then most of the people will leave to hold bitcoin as at that state there will be a condition when everyone will think that Bull season has been finsihed.

Bitcoin is at 67k$ which is not much higher as everybody has created hopes but still there is a trust the it will grow after halving. Fluctuations are common and one cannot deny it but we can move our thoughts in the direction in which market goes.

[Ayers]

Fluctuations occurs all the time in the price of bitcoin as well as other coins and few days has been remaining in which there will be more Fluctuations but I assume that price will not go down from 50k$. Once it reduces to 50k$ then most of the people will leave to hold bitcoin as at that state there will be a condition when everyone will think that Bull season has been finsihed.

Bitcoin is at 67k$ which is not much higher as everybody has created hopes but still there is a trust the it will grow after halving. Fluctuations are common and one cannot deny it but we can move our thoughts in the direction in which market goes.

Let's hope bitcoin will not drop to 50k USD but don't be subjective that it will never drop to 50k USD, anything can happen. Once again, I see that bitcoin is going against the crowd's expectations because all over social networks and forums are expecting higher prices before the halving, and bitcoin is trending down. This is not the first time but I also chose to follow the crowd and it seems like things are happening.

Predictions are ultimately just predictions and can be right or wrong, all we can do is pray because we cannot know what will happen next  .

[Obim34]

Fluctuations occurs all the time in the price of bitcoin as well as other coins and few days has been remaining in which there will be more Fluctuations but I assume that price will not go down from 50k$. Once it reduces to 50k$ then most of the people will leave to hold bitcoin as at that state there will be a condition when everyone will think that Bull season has been finsihed.

Bitcoin is at 67k$ which is not much higher as everybody has created hopes but still there is a trust the it will grow after halving. Fluctuations are common and one cannot deny it but we can move our thoughts in the direction in which market goes.

Let's hope bitcoin will not drop to 50k USD but don't be subjective that it will never drop to 50k USD, anything can happen. Once again, I see that bitcoin is going against the crowd's expectations because all over social networks and forums are expecting higher prices before the halving, and bitcoin is trending down. This is not the first time but I also chose to follow the crowd and it seems like things are happening.

Predictions are ultimately just predictions and can be right or wrong, all we can do is pray because we cannot know what will happen next   .

What ever may happen should aswell be to our own benefits, if it drops to $50k or below should not affect us in any way because this is creating room for another entry, as long we are yet to experience the halving, no need to worry cause the bull run is meant to happen after the halving all the price pump we experienced should serve as a benchmark to what we are to expect during the bull season. Personally, I am not in a haste to hit the bull run, as many that DCA is finding comfort in this market conditions because it generates opportunities to buy more at this lower prices, always taking advantage of the market to increase portfolio.

[Sebas.tian]

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 don't think, the price of Bitcoin will reach $100,000 many people predicted to happen in this season, because the market price has started reducing back to $50,000 which investors will be seeing something like that before the end of next month and those waiting for the price to reach $100,000, it will happen in the next bullish season.  Now that the price has increased to $73,457 in this year which is the highest price investors have ever experienced from Bitcoin that made many new  investors to show more interest to invest their capital whenever the bearish season appear in the market, I believe the price will be decreasing to $50,000 soon for investors to experience again. My prediction use to come to reality sometimes, I think it will still come through for the price to decrease to $50,000 before it can increase to hit $80,000 in the future.

[wmaurik]

Of course we have to be aware of market economic conditions so that we can cut profits at the previous highest price if we want to increase the value of portfolio assets. I always carry out an investment strategy like this rather than holding assets for the long term, but I will buy back at a lower price.

This investment step is to increase the asset value higher than before even though the investment strategy is not recommended but I have successfully carried out this investment strategy from the last market period and I have achieved higher profits compared to having the previous amount of assets.

Everyone will continue to carry out the strategies they are used to in reaping profits through investments in various conditions over a long period of time. For example, as you said, you have also implemented several methods to achieve better profits with your own investments, but what we need to remember here is never to panic about current market conditions. Because I personally am still quite confident that Bitcoin will make a new ATH again this year, which would also be quite surprising to many people if it could happen.

[Adbitco]

It's always hard like this because when halving is around the corner especially now that we have less than few days to get into halving we might not experience any significant surge in price rather there is always a market pressure that could keep holding the market within the zone of $59k to $70k I believe so well that after halving we could see more dip coming because there could be so much worried over the price and lots of people already aware that after halving we see uncontrollable dip till the upper year 2025 meaning there is every chances that we could undergo more dip than the way it's now. Seriously bitcoin dropped to $61k, and there's every possibility that we might even see 58k or lesser. Note I could be wrong but let's watch out, if you are holding please hold tight.

[EarnOnVictor]

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.

A lot of assumptions and speculations are going on now regarding Bitcoin, but one thing certain is that it is a bullish market in the long-term disposition. But the issue I have with the coin is the high level it is at this time that the cycle halving has not happened. Halving is the tradition that normally excites people and attracts more investors to Bitcoin. But things are playing differently these times which calls for extreme care.

Also, I will not be like the blind followers who would just be calling prices in the northward direction only, the market condition can backfire any market no matter how trusting people are towards it. This is especially possible if the immediate days' sentiment after the halving becomes negative. This could cause Bitcoin to move strongly lower, and the breach of the low/support at around $59,150 may signal the continuation of a fall that happened shortly after the ETF approval in January. This might cause a huge fall that might eventually hit the psychological level of $50,000.

However, if the level continues to survive the market and holds above it after halving, and also the market has a positive outlook, then we may see Bitcoin rising and would first hit the high/resistance level around $73,850 which is the current ATH. A break of that level will first probably hit $75,000 due to people's expectations and could cause many higher levels to be touched afterwards.

[JimboToronto]

Only $100k?

Why so bearish?

[uneng]

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.

[Iranus]

It's always hard like this because when halving is around the corner especially now that we have less than few days to get into halving we might not experience any significant surge in price rather there is always a market pressure that could keep holding the market within the zone of $59k to $70k I believe so well that after halving we could see more dip coming because there could be so much worried over the price and lots of people already aware that after halving we see uncontrollable dip till the upper year 2025 meaning there is every chances that we could undergo more dip than the way it's now. Seriously bitcoin dropped to $61k, and there's every possibility that we might even see 58k or lesser. Note I could be wrong but let's watch out, if you are holding please hold tight.

And have you checked the bitcoin market and price today? Just because bitcoin is correcting after a string of price increases, many people are starting to feel negative, LOL. If I remember correctly, bitcoin has had 7 monthly green candles in a row and you're expecting us not to have any correction but to go straight up? The ongoing correction is necessary and healthy, and as it seems all done, it won't go as far as you think.
$100k is bound to happen and there is no way to stop bitcoin this year, IMO.

[Ayers]

Fluctuations occurs all the time in the price of bitcoin as well as other coins and few days has been remaining in which there will be more Fluctuations but I assume that price will not go down from 50k$. Once it reduces to 50k$ then most of the people will leave to hold bitcoin as at that state there will be a condition when everyone will think that Bull season has been finsihed.

Bitcoin is at 67k$ which is not much higher as everybody has created hopes but still there is a trust the it will grow after halving. Fluctuations are common and one cannot deny it but we can move our thoughts in the direction in which market goes.

Let's hope bitcoin will not drop to 50k USD but don't be subjective that it will never drop to 50k USD, anything can happen. Once again, I see that bitcoin is going against the crowd's expectations because all over social networks and forums are expecting higher prices before the halving, and bitcoin is trending down. This is not the first time but I also chose to follow the crowd and it seems like things are happening.

Predictions are ultimately just predictions and can be right or wrong, all we can do is pray because we cannot know what will happen next   .

What ever may happen should aswell be to our own benefits, if it drops to $50k or below should not affect us in any way because this is creating room for another entry, as long we are yet to experience the halving, no need to worry cause the bull run is meant to happen after the halving all the price pump we experienced should serve as a benchmark to what we are to expect during the bull season. Personally, I am not in a haste to hit the bull run, as many that DCA is finding comfort in this market conditions because it generates opportunities to buy more at this lower prices, always taking advantage of the market to increase portfolio.

But it depends because not everyone has money left to buy bitcoin if the price continues to fall again and that's why most people are just waiting for bitcoin to go up in price and we enter the next bull season when halving occurs. When bitcoin corrects, no one feels happy and everyone screams to buy DIP, but in reality there won't be too many people buying bitcoin when it drops. I believe people have largely bought enough bitcoin for themselves since we've had over 2 years to buy cheap.

Only people like you who still have USDT would expect a bitcoin correction but I believe you are one of the few.

[aylabadia05]

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.

Dropping to $50k with the halving just days away, I don't think that's happening. Don't get caught up in the situation. When the long-awaited moment arrives, Bitcoin will bring smiles to all holders and as a result, other coins will also follow. But this is not a resounding certainty. I see an opportunity for Bitcoin prices to reach $100k in the future after going through a situation where the price was at $60,660.

[GeorgeJohn]

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.

from my own understanding towards the price of Bitcoin it is obvious that the price of Bitcoin cannot continue to accelerate so from my point view you cannot say that price of bitcoin now, will it be at 1 particular value because the price is rotational and it is interchanges so whatever thing we believe price of Bitcoin based on its regulation might be the wish of bitcoin, so therefore we have to understand that bitcoin price is unpredictable and unregulated

[South Park]

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.

Even if right now the price of bitcoin is closer to the 50k level than the 100k one, 100k seems like the most likely possibility out of the two scenarios given, and that is because even with all the things that have happened recently, the price did not even come close to go below 60k, so it seems there is a very strong resistance level there, and since the halving is getting closer by the day, I would expect a positive movement out of bitcoin once it happens, bringing us further away from the possibility of reaching 50k and basically assuring 100k will be reached during this year.