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

[Viscore]

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.

I wouldn’t be confident to say that this correction will lead to $50k or below. I still have high hopes that what is happening is just temporary. Bitcoin price may drop below $60k but it won’t crossed again $50k, as the current price is starting to recover again and is seen rising again until it crossed above $70k. Although $100k is quite difficult to reach these days, but most likely, bitcoin will settle at $80k when halving comes.

[wmaurik]

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.

The halving time is only two hours away and the price of Bitcoin is still in the market range of more than $64K, this could be quite possible for Bitcoin to make a price jump that is further than the ATH that previously occurred this year. Because several predictions also say that Bitcoin could pass the price range of $75K to $80K this year if the price correction no longer occurs or the upward price movement starts from the current price. But I also wanted to see if something like that could actually happen this year in Bitcoin.

[freedomgo]

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.

The halving time is only two hours away and the price of Bitcoin is still in the market range of more than $64K, this could be quite possible for Bitcoin to make a price jump that is further than the ATH that previously occurred this year. Because several predictions also say that Bitcoin could pass the price range of $75K to $80K this year if the price correction no longer occurs or the upward price movement starts from the current price. But I also wanted to see if something like that could actually happen this year in Bitcoin.

I don’t see any chances as well that we will witness bitcoin price again dropping into $50k. The price correction might be almost over for now and soon we will witness bitcoin price starts to skyrocket again. And I guess we won’t wait that long since the bitcoin halving is now finally here, we’ll just wait as to how this present halving will affect the price of bitcoin. For now, patience and discipline are the keys not to jump into quick decisions.

[bitterguy28]

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.

still hanging at 60k and above mate so there is a hard time believing if we will drop to 50k or heading to 100k but I think neither of the two will come because I think 100k will be coming after halving , and 50k is also a possibilities to come.
lets assume that 60-70k is the strong hold for 2024 and changes will come in the next year.

[Yamifoud]

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.

still hanging at 60k and above mate so there is a hard time believing if we will drop to 50k or heading to 100k but I think neither of the two will come because I think 100k will be coming after halving , and 50k is also a possibilities to come.
lets assume that 60-70k is the strong hold for 2024 and changes will come in the next year.

Still too hard to say what direction to take after halving but we are too optimistic about the upcoming, bull season bringing the price of Bitcoin higher than $71k. Let us see how the situation changed when halving is done but as per see, the demand is still growing. It may not reach $100k but that was a good price and another ATH. Perhaps, it was a realistic price than thinking of $120k, $150k, and more.

But it may not, still a valuable price indeed. I still hold until next, a few months after halving were I expect a new ATH.

[Essential10]

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.

Many thought the price would drop to $50k after seeing the price lows the week before the Bitcoin halving, but that was not the case. Conversely, the day before the Bitcoin halving, the price rose quite a bit. Bitcoin halving has already been done, Bitcoin price is now above $63k. Bitcoin has been halved but still the price of Bitcoin I think is in a good position, it's hard to say whether it will go up or down in the future. I am optimistic that the price of Bitcoin will gradually increase in the coming days and reach new highs where the target may be $100k, it may take some time to reach such a price so I prefer to hold until the target is reached.

[milewilda]

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.

Many thought the price would drop to $50k after seeing the price lows the week before the Bitcoin halving, but that was not the case. Conversely, the day before the Bitcoin halving, the price rose quite a bit. Bitcoin halving has already been done, Bitcoin price is now above $63k. Bitcoin has been halved but still the price of Bitcoin I think is in a good position, it's hard to say whether it will go up or down in the future. I am optimistic that the price of Bitcoin will gradually increase in the coming days and reach new highs where the target may be $100k, it may take some time to reach such a price so I prefer to hold until the target is reached.

Tons of people would really be that having that assumption that there would really be a drop in price considering that we are on a halving period. Basing up on previous cycles on which the price did make out some
correction before and after Bitcoin halving and this is what they do have put up into their minds on which it did really result on something which you've been holding up your funds on waiting up for the right
buying opportunity. Yes, it did make out some drops but it doesnt mean that it is really the bottom. Some do able to secure those positions but there are ones who would really be coming after with that extreme dip or correction before they would really be making out that all in kind of buyback but of course there would really be no guarantee that it could happen because we might be able to see that $60k might really be the last dip before we would really be shooting up into the moon. Dealing upwith unpredictable space is something that could be pain in the ass and this is why outcomes and results would really be entirely be that different to
each other.

[Republikcoin.com]

still hanging at 60k and above mate so there is a hard time believing if we will drop to 50k or heading to 100k but I think neither of the two will come because I think 100k will be coming after halving , and 50k is also a possibilities to come.
lets assume that 60-70k is the strong hold for 2024 and changes will come in the next year.

The $60K to $70K range is indeed the current price range because currently the price of Bitcoin is still very close to $65K in the market with the halving conditions which have finished today. This means that the range you say could still happen again for Bitcoin even though I'm not thinking about reaching $100K this year even though that could also happen for Bitcoin. Because on the one hand, we must not forget about price corrections which may still occur in Bitcoin this year.

[Distinctin]

still hanging at 60k and above mate so there is a hard time believing if we will drop to 50k or heading to 100k but I think neither of the two will come because I think 100k will be coming after halving , and 50k is also a possibilities to come.
lets assume that 60-70k is the strong hold for 2024 and changes will come in the next year.

The $60K to $70K range is indeed the current price range because currently the price of Bitcoin is still very close to $65K in the market with the halving conditions which have finished today. This means that the range you say could still happen again for Bitcoin even though I'm not thinking about reaching $100K this year even though that could also happen for Bitcoin. Because on the one hand, we must not forget about price corrections which may still occur in Bitcoin this year.

In general, bitcoin price can be both pumping or dumping after the halving event. So these two predictions might be really possible considering that bitcoin itself is highly unpredictable.

However, based on my own observation in the market, it's most likely to rise up again after halving, and may head into entering $75k to $80k in few months from now. I believe this would be the upcoming price trend for bitcoin so far, unless if massive price correction will suddenly hit the market and ruin all our positive speculations.

[AnonBitCoiner]

Cryptocurrency is so unpredictable if someone predicts the price then it does not mean that price will surely touch that value but predictions are made according to the effects of past occurring events.

Holving has taken place and now we have to be prepared for more fluctuations because these fluctuations will bring new all the time high value which will cause other altcoins to show growth automatically.

Before halving it did not go below the value of 60k$ but in a few months maybe we see such a dump because the price cannot go to 100k$ sumispicially without going through any declining phase.

[stadus]

still hanging at 60k and above mate so there is a hard time believing if we will drop to 50k or heading to 100k but I think neither of the two will come because I think 100k will be coming after halving , and 50k is also a possibilities to come.
lets assume that 60-70k is the strong hold for 2024 and changes will come in the next year.

The $60K to $70K range is indeed the current price range because currently the price of Bitcoin is still very close to $65K in the market with the halving conditions which have finished today. This means that the range you say could still happen again for Bitcoin even though I'm not thinking about reaching $100K this year even though that could also happen for Bitcoin. Because on the one hand, we must not forget about price corrections which may still occur in Bitcoin this year.

Of course, price corrections are inevitable. And because of that, it would still be possible to see bitcoin price dips into $50k again. However, upon seeing the market price movement and stay longer in $65k-$70k price duration, I really think that we are currently heading into a higher price. Although we won’t be seeing immediate price increase as of this moment, but I believe this will happen soon, because this is what I observed from those past halvings for bitcoin.

[Furious 7]

I wouldn’t be confident to say that this correction will lead to $50k or below. I still have high hopes that what is happening is just temporary. Bitcoin price may drop below $60k but it won’t crossed again $50k, as the current price is starting to recover again and is seen rising again until it crossed above $70k. Although $100k is quite difficult to reach these days, but most likely, bitcoin will settle at $80k when halving comes.

All we need to do is keep waiting because after all, all forms of speculation that occur for now only time can prove it.
If you look at the situation that happened, the chance to go down is still there in the end but we also don't know what sentiment will happen for the next few weeks or months because when there is a sentiment that arises it can affect the movement of bitcoin regardless of the current candle.

For example for some time where corrections occur and many people associate this with the conflict that occurred in the middle east but it is possible that after this there could be some good news that makes bitcoin continue to be maintained.
Even if in the end $50k happens I will not experience significant problems because I will only continue to focus on what I want to do where buying is the best in the end.

[Asuspawer09]

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.

Seems a little stretch if we are going to assume a 50k$ or even lower than that there was a huge resistance that needed to be break in order for Bitcoin to drop that low, I mean I was really hoping for it to break since its going to be a huge opportunity for a higher profit in the future for sure, But seems like it already adapts to a lot of things at the moment, like banks, ETF, companies, countries etc. Still we don't know what is going to happen in the market, the market price was around 50k$ I think around February before it reached new resistance on a new high so its only around two months, it was fast so I was thought that it is still possible the faster the market price skyrocket the higher the chances that there will be a correction for sure, market is not gonna keep up for sure.

Also with the halving involved traders are going to realize that it is difficult to break the new resistance of the new all-time high, I was really expecting for the market price to increase around 80k$ but it didn't yes it did break all time high but it was only a few thousand dollars. When traders realize that brick wall there will be a sell of that can cause panic selling just like what happened in the past.

[South Park]

Of course, price corrections are inevitable. And because of that, it would still be possible to see bitcoin price dips into $50k again. However, upon seeing the market price movement and stay longer in $65k-$70k price duration, I really think that we are currently heading into a higher price. Although we won’t be seeing immediate price increase as of this moment, but I believe this will happen soon, because this is what I observed from those past halvings for bitcoin.

Obviously when it comes to bitcoin no scenario can be discarded, but the chances of bitcoin going below 50k at the moment do not seem to be that high, after all the price of bitcoin still remains close to its ATH, meaning that investors as a whole still think that bitcoin is likely to challenge that ATH soon, which is why they are holding their coins and they are not willing to sell them, since in their minds it will be a mistake to sell bitcoin now, when they could do so for a much higher price during the next months.

[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.

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.

I wouldn’t be confident to say that this correction will lead to $50k or below. I still have high hopes that what is happening is just temporary. Bitcoin price may drop below $60k but it won’t crossed again $50k, as the current price is starting to recover again and is seen rising again until it crossed above $70k. Although $100k is quite difficult to reach these days, but most likely, bitcoin will settle at $80k when halving comes.

You may be right by Bitcoin not hitting or going below the $50,000 mark anymore this season, and my reason is that I've always believed that the asset will determine the fate that will be meted to it after halving. I read my chart very well and for now, it is biased towards the bullish path, this is even as Bitcoin has retraced so well before the halving. It is an opportunity that the halving met it at the ending time of the retracement which is a very good development for the bull lovers. However, I continue to see bullish price action on the higher charts which is a further encouragement that the asset could rise. This is coupled with the hesitation of the market to breach below the 1W Fibo support level level of 23.6% at $59,940. The level proved so significant this season and the fact that the market maintains a bullish price action above it means that it is on the bullish path, and it will likely go higher to hit again the year's ATH at about $73,850.

Also, to buttress the existing points, the important 1D Fibo level of 23.6% at $65,432 was successfully breached higher yesterday with the market having a daily close above it. These are important reasons for Bitcoin to move higher over time, and a breach of $73,850 can set it on a higher path that will cause the journey towards the much-expected level of around $100,000, but this will take time. Nevertheless, let's see how it behaves around the TrendMagic resistance level of $67,629. The breach of the level higher should be able to add credence to this positive development.

[$weetne$$]

Obviously when it comes to bitcoin no scenario can be discarded, but the chances of bitcoin going below 50k at the moment do not seem to be that high, after all the price of bitcoin still remains close to its ATH, meaning that investors as a whole still think that bitcoin is likely to challenge that ATH soon, which is why they are holding their coins and they are not willing to sell them, since in their minds it will be a mistake to sell bitcoin now, when they could do so for a much higher price during the next months.

The chances might be low but let that not convince you because the chances can change any time and it becomes high. There's no time that Bitcoin can not change from what people think would had happened to another thing. If Bitcoin does not show strength that it can challenge for the highest price it reach before the halving in a few weeks time, some investors will begin to lose patience and they will start selling. Many people still think Bitcoin can get to a new highest price very soon therefore they are holding but if it does not happen and we begin to see the market dumping others will follow and Bitcoin will fall to $50,000. Bitcoin going to $100,000 is possible an it also going down to $50,000 is possible too. Everybody that has invested wants Bitcoin to go to $100,000 but we should not be disappointed if it falls to $50,000. After the news of Bitcoin halving successfully, I think Bitcoin has to go down in price before we begin to see another pump in the market.

[Jating]

Of course, price corrections are inevitable. And because of that, it would still be possible to see bitcoin price dips into $50k again. However, upon seeing the market price movement and stay longer in $65k-$70k price duration, I really think that we are currently heading into a higher price. Although we won’t be seeing immediate price increase as of this moment, but I believe this will happen soon, because this is what I observed from those past halvings for bitcoin.

Obviously when it comes to bitcoin no scenario can be discarded, but the chances of bitcoin going below 50k at the moment do not seem to be that high, after all the price of bitcoin still remains close to its ATH, meaning that investors as a whole still think that bitcoin is likely to challenge that ATH soon, which is why they are holding their coins and they are not willing to sell them, since in their minds it will be a mistake to sell bitcoin now, when they could do so for a much higher price during the next months.

So far, the price is steady at $66k after the halving. And so I would say that we should just be optimistic that after the halving, we will not see $50k or lower. There are still the war behind that could potentially affect the price. But who knows, when we hit the bull run, it's hard to stop and so with that, maybe next month and moving forward, $70k and then at the end of the year we might be close to that 6 digits that we all have been speculating since the start of the bull run.

Patience is key and we need to compose our selves in the next coming months.

On the other hand, if we can accumulate Bitcoin the better. And not just be concern whether $50k or $100k is going to happen this year.

[Woodie]

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 is so much volatility going on at the moment where price keeps dancing between $64K & $66K thanks to the recent Bitcoin halving we had, and usually there is a tendance of price dipping then it consolidates most of the time... And after a couple of months later the effects of the halving take place...

So in a nutshell, price shouldn't dip below $60K for us to see a new All time high this year and once a psychological barrier is formed or rather a safety net we can now speculate about the 70K or maybe even $80K this year for sure as institutional money is the game changer..

[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 is so much volatility going on at the moment where price keeps dancing between $64K & $66K thanks to the recent Bitcoin halving we had, and usually there is a tendance of price dipping then it consolidates most of the time... And after a couple of months later the effects of the halving take place...

So in a nutshell, price shouldn't dip below $60K for us to see a new All time high this year and once a psychological barrier is formed or rather a safety net we can now speculate about the 70K or maybe even $80K this year for sure as institutional money is the game changer..

Totally really that hard to guess or predict on where it would be going. The price is really that gradually climbing up again on 70k but we dont know if there would really be an another run when we do speak about correction.
The strongest support would be sitting around 58-59k on which if this one would really be having that breakout then we might be seeing 54 but well its really that hard to guess on where it would be ending up specially
now that halving is over and we do have been waiting up for that 150+ day post halving before bull run would really be kicking out. Actually there's no one would really be gonna knowing on where prices would really be going on which everything would really be that random.

This is why it would really be just that depending on you on how you would really be handling up yourself on such condition considering that volatility and randomness is something
that we cant really be able to bare out specially if we do lack that kind of patience and that perseverance.

[AirtelBuzz]

I know no one can speculate or predict it accurately.

The exact price movement of Bitcoin may be impossible for any of us to predict. We who are small investors when we see that the price of Bitcoin is increasing we think that the price of Bitcoin will reach a very high level very soon. Again, when we see the price of Bitcoin temporarily falling, we think that the price of Bitcoin may go much lower. We all know that half of Bitcoin is already complete. Before this Bitcoin halving was organized, many predicted that the price of Bitcoin could reach $100k and many commented that the price of Bitcoin could fall to $50,000. None of these people's predictions came true as Bitcoin is now at $66,000. Now everyone is predicting or predicting that bitcoin price will reach 100k dollars but it needs time.