$120,000 Bitcoin is going to happened?

[NicNacCoin]

I am new to BitcoinTalk BTC

My question is that I heard rumors about $120,000 Bitcoin
What is your opinion on this matter?

Whether you are new or old, there is nothing to disbelieve the rumors you have heard about the price of Bitcoin that could definitely happen by 2025. If you research the price of Bitcoin, you can see that Bitcoin can naturally reach $100,000 by 2024 and $100,000 to $170,000 by 2025. Currently the Bitcoin market is looking to rise from $70k to $67k but this market volatility definitely follows a good direction.

[Dr.Bitcoin_Strange]

Currently we are in the bull season and most are speculating for $85k - $100k+ which I am not sure when Bitcoin will also reach that price but I believe that the price might get to $80k before the end of this year.

We should be above that price by the end of the year, the market is more bullish than it was last year because we have had the Halving done already and the next thing that is supposed to follow is the price of Bitcoin seeing a new highest price as it has always done in the last bull cycle.

It's not certain, bro, that the market is so bullish this year compared to last year, which is not a very big factor that can not be neglected by volatility. For the first and second quarters of the year, Bitcoin can actually be very bullish but might have a very big negative price towards the end of the year. Not that it will dump towards the end of the year, but what I mean is that nothing is guaranteed. In the crypto space, there's a saying that "nothing is impossible." Just as Bitcoin is currently around $67k, there might just come up a vast amount of good news that can make the price spike to $80k by next month, and if it's also negative news, it could drop to $50k depending on the news. 

[tygeade]

It's not certain, bro, that the market is so bullish this year compared to last year, which is not a very big factor that can not be neglected by volatility. For the first and second quarters of the year, Bitcoin can actually be very bullish but might have a very big negative price towards the end of the year. Not that it will dump towards the end of the year, but what I mean is that nothing is guaranteed. In the crypto space, there's a saying that "nothing is impossible." Just as Bitcoin is currently around $67k, there might just come up a vast amount of good news that can make the price spike to $80k by next month, and if it's also negative news, it could drop to $50k depending on the news. 

I would say that we are going to probably see some more increases on this and next quarter as well, yeah a lot of people think that it will not happen but I think it is not going to be that impossible, we should see this as a possibility and not really approach it as a bad thing. I hope that people could see how we could check this out and not really end up with anything that crazy.

I believe that we are going to see something that will take a while, it is just going to be something that will only make sense if we know what we are doing. I hope that 120k happens this year, just saying that we are probably going to end up with something that will take a while, and that is not going to be easy, and we should probably consider that as troublesome.

[Dave1]

Currently we are in the bull season and most are speculating for $85k - $100k+ which I am not sure when Bitcoin will also reach that price but I believe that the price might get to $80k before the end of this year.

We should be above that price by the end of the year, the market is more bullish than it was last year because we have had the Halving done already and the next thing that is supposed to follow is the price of Bitcoin seeing a new highest price as it has always done in the last bull cycle.

It's not certain, bro, that the market is so bullish this year compared to last year, which is not a very big factor that can not be neglected by volatility. For the first and second quarters of the year, Bitcoin can actually be very bullish but might have a very big negative price towards the end of the year. Not that it will dump towards the end of the year, but what I mean is that nothing is guaranteed. In the crypto space, there's a saying that "nothing is impossible." Just as Bitcoin is currently around $67k, there might just come up a vast amount of good news that can make the price spike to $80k by next month, and if it's also negative news, it could drop to $50k depending on the news. 

Last year though is not considered a bullish year as usually, or at least from what I observed, technically we are in a bull run after the halving which is just about last month. But I do agree that volatility is one factor that we need to look at even if we are done with the halving and that's why there's not much of a sudden movement.

So who knows, this month might be on a downturn, nevertheless the next quarter could be huge for us specially at the end of the year wherein historically in a bull run, we will see the price really spiking out of control and maybe $80k or even higher could be reach by that time.

[justdimin]

I would say that we are going to probably see some more increases on this and next quarter as well, yeah a lot of people think that it will not happen but I think it is not going to be that impossible, we should see this as a possibility and not really approach it as a bad thing. I hope that people could see how we could check this out and not really end up with anything that crazy.

I believe that we are going to see something that will take a while, it is just going to be something that will only make sense if we know what we are doing. I hope that 120k happens this year, just saying that we are probably going to end up with something that will take a while, and that is not going to be easy, and we should probably consider that as troublesome.

The reality is that summers are usually quite slower because most people are at vacation, and even wall street likes to go to beach. Which means that we are not going to end up with anything good at any given time, we are going to end up with some trouble, and it won't really matter at all.

We should consider how to get people to get moving, and bitcoin is something that works on hype, isn't it? This is why I think it's quite clear that we are going to end up with not that much increase due to people not being in a place to be hyped. If you are at some beach, how can you get hyped about bitcoin at all? That will not be possible and that is why I think we should consider summer to be a time when we could go up and that's why it will stay about the same.

[STT]

120k will happen its only the time frame that is to be decided on that question and also some debate on this cycle or the next.   BTC has a kind of sine wave pattern in a very erratic volatile way, the graph viewed in a macro way fits the cycle back and forth imo.  The main relevance to that view is the steady inclination, the low of this cycle is still higher then the last and so to the highs are higher then the last and thats the part everyone pays most attention to.

$100000 is what we are expecting for now

100k is just a round number and by the time we get there it will have melted away some more.    If we do get to 100k and people decide thats possible, you might as well believe 120k occurs because I do doubt we stop right at a round number.  For 100k to be the top it must be that BTC was stalling long before it got there and somehow only just managed to grasp that number before falling, theres no real resistance at round numbers.

[lixer]

My question is that I heard rumors about $120,000 Bitcoin
What is your opinion on this matter?

It is very possible, $120,000 is not that hard for we to reach in this present bull market because we have not seen the hype that the bull market has yet, all what is happening is small if we look back at the past as I read that the fomo of Bitcoin rising will make everyone in the industry would want to buy and this makes the price to keep increasing. $120,000 is a fair price target because what others are predicting are just too much. $100,000 to $150,000 is a very good price target to have and this is around when I can start to take profits but I think we can go further higher because the bull market will still be on until next year and we now have institutional investors that will be making the market have more volumes therefore the price for Bitcoin should go higher.

Bitcoin is just one of the best and most successful projects in the cryptocurrency market that has been running for years but I'm a realistic person and I'm not an expert and I can't say anything based on speculation because I have been in the crypto market for years and I know how high anything can go and suddenly come down as Bitcoin went from $69k to $16k so there is a lot more ahead of time.

My advice is to invest in Bitcoin using the DCA method as it stands now if BTC goes up from here we will still be in profit and if BTC goes down we still have a good chance. There will be more buying and saving except that I can't say anything because I also don't know the future, like everyone else I can only speculate and I hope that $120k or $150k is reached, but I would say the price can at least touch $100k considering the movement of BTC so far.

[sunsilk]

My advice is to invest in Bitcoin using the DCA method as it stands now if BTC goes up from here we will still be in profit and if BTC goes down we still have a good chance. There will be more buying and saving except that I can't say anything because I also don't know the future,

Just make DCA a habit. You're investing in your future and by doing this as the type of saving as an individual, you're preparing for your life on how to deal with a brighter future.

Those that haven't done it yet and just like to lurk to the community and people who have done it, they're wasting their times and will keep on looking at how time passes by until they miss everything out.

like everyone else I can only speculate and I hope that $120k or $150k is reached, but I would say the price can at least touch $100k considering the movement of BTC so far.

I hope that it will reach soon but I guess this is the hardest part on this waiting game. While we do believe that these prices are going to be reached but we don't know when and this might trigger people's patience if it didn't reached it at the time they're expecting it to be.

But as what winners are doing, they never give up so never give up on waiting for it whether how long it takes for us to wait.

[lepbagong]

I am new to BitcoinTalk BTC

My question is that I heard rumors about $120,000 Bitcoin
What is your opinion on this matter?

Whether you are new or old, there is nothing to disbelieve the rumors you have heard about the price of Bitcoin that could definitely happen by 2025. If you research the price of Bitcoin, you can see that Bitcoin can naturally reach $100,000 by 2024 and $100,000 to $170,000 by 2025. Currently the Bitcoin market is looking to rise from $70k to $67k but this market volatility definitely follows a good direction.

The 4-year period will fall in 2025 when a new ATH will be formed, even though there has been a previous ATH and it will happen again. I agree with you that it is not impossible that by the end of this year. bitcoin will be able to reach a price of $ 100K and when it reaches a new ATH it could reach its highest point, I myself cannot conclude how much it will happen, and it is possible that your prediction will happen and this will give a boost to other coins.

[Faisal2202]

You are probably the only person who has the most modest prediction about bitcoin, saying that the highest price that bitcoin can reach is only $100k during this bull season.

I was not trying to be modest just shared what I get from others. We all know the BTC market flows with the sentiments of its users (buyers and sellers) if most of the users are saying it can't touch this target the chances of touching it decrease as most of the members just can't fake it. But the wise one takes advantage of the situation by taking early actions to book or take entries.

I am quite amazed to hear that BTC can still touch $180k or $200k in this bull run. I think bull run is already started as BTC has made new ATH. As BTC price has increased rapidly and this indicates bull run. Now we are seeing the bull run and if you say we yet to see the full potential of it yet. Then that's a relief to my mind. I really hope it will touch that target in this bull run but to me it is modest prediction.

[Kelward]

I am new to BitcoinTalk BTC

My question is that I heard rumors about $120,000 Bitcoin
What is your opinion on this matter?

Welcome to the forum and as for what you've heard about Bitcoin price reaching $120k, that is not a rumor, it's something that will surely happen. The question that you should be asking is when will this $120k price happen, I doubt that anybody can give you an accurate answer or predictions. What I can tell you is that Bitcoin is a long term project, you buy, hodl and wait for as long as it takes before price will reach your estimated price. If you research Bitcoin history from it's creation till now, you'll understand that it has gained a reputation as a store of value that it's price will continue to increase in every bull run and it'll always reach new ATH price.

[Marvell1]

You are probably the only person who has the most modest prediction about bitcoin, saying that the highest price that bitcoin can reach is only $100k during this bull season.

I was not trying to be modest just shared what I get from others. We all know the BTC market flows with the sentiments of its users (buyers and sellers) if most of the users are saying it can't touch this target the chances of touching it decrease as most of the members just can't fake it. But the wise one takes advantage of the situation by taking early actions to book or take entries.

I am quite amazed to hear that BTC can still touch $180k or $200k in this bull run. I think bull run is already started as BTC has made new ATH. As BTC price has increased rapidly and this indicates bull run. Now we are seeing the bull run and if you say we yet to see the full potential of it yet. Then that's a relief to my mind. I really hope it will touch that target in this bull run but to me it is modest prediction.

To be fair, none of us knew what was going on. Some people rely on history and believe that the real bull season is not yet here, while some people think that bitcoin creating a new ATH proves that the bull season started a long time ago and is gradually ending when there are many recent adjustments. According to my observations, the market is divided into two camps and each person has their own opinion about the market, it is difficult to know who is right and who is wrong.

There is a huge gap between my prediction and yours, so it is understandable that you are surprised by my prediction. Even though the market is having bad developments, I still haven't changed my view about the market, let's wait and see what bitcoin's final ATH will be when this bull cycle ends.

[Faisal2202]

To be fair, none of us knew what was going on. Some people rely on history and believe that the real bull season is not yet here, while some people think that bitcoin creating a new ATH proves that the bull season started a long time ago and is gradually ending when there are many recent adjustments. According to my observations, the market is divided into two camps and each person has their own opinion about the market, it is difficult to know who is right and who is wrong.

As I said before, if most of people think the market is bullish then it will be bullish or otherwise. So considering this, if most people think the bull run has not started yet then the bull run will come as these most people must be holdings a lot of BTC waiting for another ATH so they would take more profit. Therefore market will be forced to make new ATH otherwise if most people are thinking bull run has already started then it is and the overall market sentiments will change. So yeah if we could count the number we will know who is right and who is wrong.

There is a huge gap between my prediction and yours, so it is understandable that you are surprised by my prediction. Even though the market is having bad developments, I still haven't changed my view about the market, let's wait and see what bitcoin's final ATH will be when this bull cycle ends.

The Market is not having bad developments as I think it is correcting itself so it's a good thing. Surprise is also a good thing and it will be best if it get real.

[Falconer]

-snip-

Welcome to the forum and as for what you've heard about Bitcoin price reaching $120k, that is not a rumor, it's something that will surely happen.

No, I can't say $120k is definitely going to happen without a really good scenario.
You can't convince someone of something they're not certain of. To reach $120k, bitcoin certainly needs more support from investors and traders which makes market demand high. Bitcoin's market cap will be huge when $120k is reached, so don't make any guarantees that could sway anyone.

The question that you should be asking is when will this $120k price happen, I doubt that anybody can give you an accurate answer or predictions. What I can tell you is that Bitcoin is a long term project, you buy, hodl and wait for as long as it takes before price will reach your estimated price. If you research Bitcoin history from it's creation till now, you'll understand that it has gained a reputation as a store of value that it's price will continue to increase in every bull run and it'll always reach new ATH price.

$120k is the price that bitcoin might reach in the coming year if the bullishness continues. In fact, we never really know whether $100k can be achieved for various reasons, but all of that is just a possibility while we are still on the path of Bitcoin's bullish cycle after the halving.

[stomachgrowls]

I am new to BitcoinTalk BTC

My question is that I heard rumors about $120,000 Bitcoin
What is your opinion on this matter?

If we do tend to speak about having that x2 on the current price then it is really that something attainable or reachable on which it isnt really that too far off, but the main question on here is that
no one really knows on what would happen in the future but basing up on the current market cycle on which we arent that still on a bull run yet then it would really be the best time for us to make some
DCA or accumulation while the price is still cheap or still low before that train would really be having that moonshot. The thing you should really be having in mind is not to make yourself that being too rushed
when it comes price predictions or speculations on which we know that this is something that cant really be predicted in the first place.

This is why it would really be always that better that you shouldnt be rushing up yourself with those numbers and also the main rule of this market is to expect
the unexpected because no one really knows on what would happen in the future.

[BABY SHOES]

No, I can't say $120k is definitely going to happen without a really good scenario.
You can't convince someone of something they're not certain of. To reach $120k, bitcoin certainly needs more support from investors and traders which makes market demand high. Bitcoin's market cap will be huge when $120k is reached, so don't make any guarantees that could sway anyone.

Leave for yourself this certainty so don't give certainty to others this is not necessarily when the time is right, when someone asks if bitcoin will go up then I answer YES, but I don't know when it's certain maybe my prediction could be wrong.

But always be optimistic for yourself that bitcoin will go to $120K at least $100K.

When the price of bitcoin goes to $120,000 then the current capitalists will double in the future, but we never know just hope this will happen soon in the near future, just waiting for the time we will find out.

[Kemarit]

-snip-

Welcome to the forum and as for what you've heard about Bitcoin price reaching $120k, that is not a rumor, it's something that will surely happen.

No, I can't say $120k is definitely going to happen without a really good scenario.
You can't convince someone of something they're not certain of. To reach $120k, bitcoin certainly needs more support from investors and traders which makes market demand high. Bitcoin's market cap will be huge when $120k is reached, so don't make any guarantees that could sway anyone.

But that's what have been happening many bull runs back. Investors are still in support of Bitcoin, we have seen in in 2017, 2021 and hopefully at the end of 2025 as well and push the price to a new all time high. Although there could be arguments that the past is not a guarantee for the future, but here in this market, that value still holds true during bull run and whatever scenario we will have in the future.

So I will still see support in the future no matter what. Bitcoin has been in the worst, (remember pandemic, March 2020?). And investors are so resilient in the next couple of months after that halving and then we go on parabolic rise till November and reaches $69,000. It's just a matter of time, it could be less that $120,000 or even higher as what other projected around $150,000.

[uchegod-21]

I am new to BitcoinTalk BTC

My question is that I heard rumors about $120,000 Bitcoin
What is your opinion on this matter?

Welcome to the forum and as for what you've heard about Bitcoin price reaching $120k, that is not a rumor, it's something that will surely happen. The question that you should be asking is when will this $120k price happen, I doubt that anybody can give you an accurate answer or predictions. What I can tell you is that Bitcoin is a long term project, you buy, hodl and wait for as long as it takes before price will reach your estimated price. If you research Bitcoin history from it's creation till now, you'll understand that it has gained a reputation as a store of value that it's price will continue to increase in every bull run and it'll always reach new ATH price.

I like the response... $120,000 is not a rumour, it is something that must happen, but the problem is that we don't know what time exactly it will happen. So, in order not to miss out, join the bandwagon now there is still time. You can start buying using the famous DCA method. That is the method of buying consistently and as you can afford to buy. I wish you good luck in your investment journey. We are all here for good, but you can also expect the worse. The industry is a two edged sword, it can go either way at any time.

[Onyeeze]

I am new to BitcoinTalk BTC

My question is that I heard rumors about $120,000 Bitcoin
What is your opinion on this matter?

sometimes speculation will carry some people away why in the information is a fake information so what I'm saying is that whatever thing that will want to know concerning bitcoin price is on internet you don't need to believe a side information that you acquire from people what you need is that when you hear information you have to process it very well by making a research to know the positivity in that information, bitcoin price is still going up but bitcoin has not gotten to this particular price you mentioned and when bitcoin prices get to the price you mentioned it will be carrying everywhere information willy circulate around the internet that bitcoin price is up to 120k but right now the price is still fluctuating within 66k

[Russlenat]

I am new to BitcoinTalk BTC

My question is that I heard rumors about $120,000 Bitcoin
What is your opinion on this matter?

First, it's $100k, then $120k and others predicted it into $150k, I believe bitcoin will achieve them in its perfect timing. But for now, seeing the price could hardly even crossed $70k again, I think it's more practical to set $80k first as it's new all time high. Hopefully, we will come to see it even before year end, as long as bitcoin won't be affected by sudden big and negative news that will pull its price down again.