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Author Topic: 100k mark, year is almost rounding up..  (Read 463 times)
Jaycoinz (OP)
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September 03, 2024, 05:03:06 PM
 #1

Well this is gentle reminder to most Bitcoin enthusiast that are still urging and insisting that Bitcoin will hit the 100k mark this year, because I believe this was an argument that started earlier this year when the Bitcoin price went on a massive rampage pump which the previous ATH was broken and aslo the halving experience made everyone hyped up for this 100k mark.

Well the year is still long and yet almost over and this is especially for the short term trader or holders because I know most person have already set their mind on selling when the price reach 100k which many tagged to be this year. Although it's still very much possible for Bitcoin to reach but that's the thing about it's volatility, you never can pin the exact time so everyone should still just hold on their BTC and don't be in hurry or tired and then sell now cause believe me you might regret selling too early.

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September 03, 2024, 05:10:53 PM
 #2

If bitcoin do not reach $100 thousand this year, next year is still there. 2025 will still be another bull run year for bitcoin and we should expect $100 thousand by that time. But this year has not yet ended. Let us see what would happen some days before United States presidential election which people predicted that bitcoin will increase . If bitcoin did not increase up to that price by that time, then we can wait till 2025.

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September 03, 2024, 05:26:48 PM
 #3

Well this is gentle reminder to most Bitcoin enthusiast that are still urging and insisting that Bitcoin will hit the 100k mark this year, because I believe this was an argument that started earlier this year when the Bitcoin price went on a massive rampage pump which the previous ATH was broken and aslo the halving experience made everyone hyped up for this 100k mark.

Well the year is still long and yet almost over and this is especially for the short term trader or holders because I know most person have already set their mind on selling when the price reach 100k which many tagged to be this year. Although it's still very much possible for Bitcoin to reach but that's the thing about it's volatility, you never can pin the exact time so everyone should still just hold on their BTC and don't be in hurry or tired and then sell now cause believe me you might regret selling too early.
There is every slim chance of bitcoin hitting 100k and if by percent ratio i would say that 20% because this year almost running over, we just have about less than ~17 weeks which is about 119 days although as we see anything is possible but, getting to 100k bench mark is something that could really stressed the market to say. But yet i don't still urge people to be loose with their investment strategies and those who are still applying DCA should keep doing that because because by Next possible Q2-3 there would be a massive market increase which which we might see bitcoin even above that 100k it was earlierly projected.

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September 03, 2024, 05:39:15 PM
 #4

As long as there is no negative indication that suggest that Bitcoin is becoming less relevant, getting to $100k before the end of the year or seeing it next year doesn't really matter. The most important thing is for the world view of Bitcoin to continue being positive and for more adoptors to continue keying into the use of Bitcoin as a store of value and and a valuable investible asset.

From this range of prices that we're currently in, it wouldn't take too long before Bitcoin get to $100k as long as things continue being bullish on it side. The outcome of the U.S election is still another big event that might have an effect on Bitcoin before the end of the year but even if it doesn't push Bitcoin to $100k by the end of the year, it's certain that we're almost close to that range and might give above it faster than we ever thought.

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September 03, 2024, 08:30:19 PM
 #5

The traders don't care about the $100K price they just want the short term to make a profit, even if it is negative they will take a “short” position to make a profit.

Now investors are being tested, whether they will be able to last long enough with these stagnant market conditions, there is no change especially seeing the history of September is bad for the bitcoin market, so it needs to be emphasized to stay HODL now there is still an opportunity to buy and in 2025 you have a price target of $100K it is still very possible.

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September 03, 2024, 08:48:54 PM
 #6

If bitcoin do not reach $100 thousand this year, next year is still there. 2025 will still be another bull run year for bitcoin and we should expect $100 thousand by that time. But this year has not yet ended. Let us see what would happen some days before United States presidential election which people predicted that bitcoin will increase . If bitcoin did not increase up to that price by that time, then we can wait till 2025.

The US presidential election that many are holding on to as the fundamentals for the bitcoin bullish period is only if the candidates that win is a cryptocurrency enthusiast, if it is opposite then it could create a FUD again which would lead to bearish sentiment. For me even if the crypto enthusiasts win the year seems like it’s almost gone, the election is around November 5th leaving just 2 months left of the year, at the current ATH it will still take bitcoin price to have a 30% movement to realize the $100k, that percentage isn’t something bitcoin does in recent times due to reduce volatility.

Just as you said the six figure price could come next year because it is when we expect a full blown bullish run according to the history of the coin.











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September 03, 2024, 09:18:33 PM
 #7

I’ve been saying we end the year at $85K for a while. I think even that is incredibly bullish as it marks a significant new high in a matter of months. I think most people have expected 2025 to be the year Bitcoin booms since FTX exploded the last bubble. I see no reason to think anything else at this point in time.

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September 03, 2024, 10:33:07 PM
 #8

It was almost as if you were mocking those who believed bitcoin would reach the range of $100k before the end of the year, not until your last paragraph, where you still end up encouraging those who hold to keep on holding. 
 
3 months is still a whole lot of time for bitcoin to perform its magic and fly to whatever price it can seat till the end of the year. $100k right now might seem unachievable, but nothing is impossible, and even if we are not able to see that price this year, next year next year will still come.
 
Sometimes when we see the $100k, it does not really matter. What matters most is that at the end, Bitcoin was able to achieve $100k in pieces and sit there for a little while.

 
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September 03, 2024, 11:30:15 PM
 #9

Well this is gentle reminder to most Bitcoin enthusiast that are still urging and insisting that Bitcoin will hit the 100k mark this year, because I believe this was an argument that started earlier this year when the Bitcoin price went on a massive rampage pump which the previous ATH was broken and aslo the halving experience made everyone hyped up for this 100k mark.

Well the year is still long and yet almost over and this is especially for the short term trader or holders because I know most person have already set their mind on selling when the price reach 100k which many tagged to be this year. Although it's still very much possible for Bitcoin to reach but that's the thing about it's volatility, you never can pin the exact time so everyone should still just hold on their BTC and don't be in hurry or tired and then sell now cause believe me you might regret selling too early.

I don't think that majority is calling for Bitcoin to reach $100,000 this year, most of us believed that the price will be reach next year 2025. However, we have to remember that this could be a new cycle after all, hitting a new all time high prior to the halving itself, it didn't happened before obviously, and so it might take some time for the market because it was like a sort of reset.

So the best thing for now is to really accumulate, as the price is still cheaper and just imagine if the price hits 6 digit, we will all be in the net profits. If not then just continue to HODL, supply are dwindling, demand will skyrocket in the future.

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September 04, 2024, 12:38:26 AM
 #10

The next few months will be very very volatile. So its impossible to predict will it hit $100K or not. You need to understand that in 2 weeks time, we will get the first US rate cut. When this happens usually markets are very bullish immediately but then there is usually a bad recession and markets are bad for 12-24 months or so, but long term its bullish.

Plus we also got the election. If Harris wins then I dont see $100K this year, not going to happen. If Trump wins then its very possible. However you need to wait until early November. So crypto might rally starting in November and then it might pump very fast like it did in previous years and we might hit $100K before the year end but I wouldn't bet on it.
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September 04, 2024, 02:14:44 AM
 #11

$100k mark is just about the time, but along the way we gonna see some really big price swinging that it will eliminate most of the paper hands and the people with weak mental against the market price gonna get wiped and sidelined  Roll Eyes.

the market can't reach that high if there's always some people selling at every rally, so it need to make people sell in panic first, like how the current narrative about rektember gonna rekt many people who longed BTC at high lev and will eventually dump at the peak.

as I've observed from current market, the market always trying to long squeeze the people that longed from bottom trying to flip $1000 to $100,000 using leverage. that's why if you see the liquidation heatmap, these time around it's always high.

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September 04, 2024, 09:42:25 AM
 #12

That will not be a problem if Bitcoin price still not reach $100k this year because we can waits for the time to see Bitcoin price increase. You can also waits and not sell your Bitcoin especially if the price is not reach your target price. Every people who have Bitcoin will have their target price to sell so that will be normal if we have different target when we want to sell our Bitcoin.

Even if Bitcoin still at the current price, we don't have to worry and afraid because sooner or later the price will increase and make a new ATH. There will be a time for Bitcoin to jump to the high price and impress all people to see the high price coming. But if you are aware with anything that can happen with Bitcoin, you will be ready and trying to adapt to the current situation so you can decide what you should do.

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September 04, 2024, 10:28:30 AM
 #13

Well this is gentle reminder to most Bitcoin enthusiast that are still urging and insisting that Bitcoin will hit the 100k mark this year, because I believe this was an argument that started earlier this year when the Bitcoin price went on a massive rampage pump which the previous ATH was broken and aslo the halving experience made everyone hyped up for this 100k mark.

Well the year is still long and yet almost over and this is especially for the short term trader or holders because I know most person have already set their mind on selling when the price reach 100k which many tagged to be this year. Although it's still very much possible for Bitcoin to reach but that's the thing about it's volatility, you never can pin the exact time so everyone should still just hold on their BTC and don't be in hurry or tired and then sell now cause believe me you might regret selling too early.

When you have big expectations towards something, you usually get disappointed. The Bitcoin price can also disappoint many traders.
I'm still positive about the 2025 bull run, but there might be a bear market in the next 3-4 months, especially if Kamala Harris becomes US president. That's why I have no expectations about a 100K Bitcoin price by the end of 2024. In fact, I actually expect the price to drop to 50K or even 45K. There's always a risk of FUD news hitting the crypto market. The "doom and gloom prophets" are expecting a global recession in 2025. World War III is knocking at our doors, so keep calm and HODL. Grin

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September 04, 2024, 10:49:51 AM
 #14

Well this is gentle reminder to most Bitcoin enthusiast that are still urging and insisting that Bitcoin will hit the 100k mark this year, because I believe this was an argument that started earlier this year when the Bitcoin price went on a massive rampage pump which the previous ATH was broken and aslo the halving experience made everyone hyped up for this 100k mark.

There is no more serious argument about this again because most people have realized that expecting $100k this year is not possible, so perhaps you shouldn't judge anybody who had $100k in mind before we enter the next year because if you can recall very well you will no that when Bitcoin broke the all time high and seeing how the market was behaving it was almost certain it will continue from there but nobody had it in mind that the price declining will last almost to the ending of the year, so the argument was not just a prediction then but it was drawn from the possibility the Bitcoin price was displaying, however with or without the Bitcoin price reaching the $100k I don't think it has any negative influence on anybody and besides that the price will not reach $100k this year doesn't mean it will not be possible on the coming year.

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September 04, 2024, 03:23:28 PM
 #15

Never say never; the crypto market can turn around positively before the end of the year, hitting Bitcoin with a $100k price tag. If that didn't come through anyway, 2025 is there to make it happen. By the way, the majority of us are anticipating that next year will be the main bull run to kick in. Whether Bitcoin later hits 100k this year, as anticipated by many, there will be some of the crypto investors who would like to sell some part of their Bitcoin holdings and sell the remaining by next year.

That being said, everyone's focus on their Bitcoin sell-off is next year, preferably not this year. So, whether Bitcoin skyrockets to $100k or not this year, there's no cause for alarm

 
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September 04, 2024, 03:42:56 PM
 #16

Never say never; the crypto market can turn around positively before the end of the year, hitting Bitcoin with a $100k price tag. If that didn't come through anyway, 2025 is there to make it happen. By the way, the majority of us are anticipating that next year will be the main bull run to kick in. Whether Bitcoin later hits 100k this year, as anticipated by many, there will be some of the crypto investors who would like to sell some part of their Bitcoin holdings and sell the remaining by next year.

That being said, everyone's focus on their Bitcoin sell-off is next year, preferably not this year. So, whether Bitcoin skyrockets to $100k or not this year, there's no cause for alarm

September will be a blood market some investors will panic, yes as the market situation continues to be tense with continuous declines but those who prefer to hold on hope to get through all this tension including this month, but are you sure anything can turn around in October and beyond? Well we don't know but we believe there is a bit of a recovery this year.

Even if it's not $100K at the end of the year we're not so sure it's going to come soon, we're just waiting for mid-2025.

It is certain that some investors will sell some of what they have to secure the asset from going down again, we will just capitalize on this momentum by continuing to buy, staying the course is better and don't panic too much.

R


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September 04, 2024, 04:11:43 PM
 #17

There is every slim chance of bitcoin hitting 100k and if by percent ratio i would say that 20% because this year almost running over, we just have about less than ~17 weeks which is about 119 days although as we see anything is possible but, getting to 100k bench mark is something that could really stressed the market to say. But yet i don't still urge people to be loose with their investment strategies and those who are still applying DCA should keep doing that because because by Next possible Q2-3 there would be a massive market increase which which we might see bitcoin even above that 100k it was earlierly projected.
I agree that we are going to see 100k, but probably not this year. Once again, I can't guarantee if that will be this year or not, I just can say that it will be fine, but not going to be that easy to happen this year. There is absolutely no doubt in my mind that it will happen next year at the least, there is no way that we won't have that, I just believe that we are going to probably have some trouble if we are not careful at all.

We should consider this to be as good as it gets and when the time comes it's going to be fine. This is why we should consider this as a possibility, it will make a great deal. I think the best thing to do in this case would be just wait for about 8 months or so, and we will have 100k in the end.

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September 04, 2024, 06:49:07 PM
 #18

What most people were saying was that bitcoin should reach the $100k mark this bull run. Most OG bitcoiners were predicting 120-150k bitcoin this cycle, but the bull run usually starts 6 months to 1 year after the halving and lasts for another 6 months to a year.

I feel like we still have a chance for a bull run in Q4 of this year, but most likely we'll see a real spike in Spring of 2025, once the US economy stabilizes. Most likely we'll see some quantitative easing start this year and have real effects in 2025 and a new president will take office, which will end the period of uncertainty that we're in now.

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September 04, 2024, 07:37:03 PM
 #19

:://:::
Hi OP;
Well, you're more of a idea reflection... I mean, you were on your way to speculating and you backed off to say that holding is the best... on this board you're either at 100k, +100k, -100k, then, and what does it matter if it doesn't come, we have the rest of our lives to wait... although 2030 is the year to break all the wet dreams with the 6 figures.  Smiley

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September 04, 2024, 08:02:12 PM
 #20

Well this is gentle reminder to most Bitcoin enthusiast that are still urging and insisting that Bitcoin will hit the 100k mark this year, because I believe this was an argument that started earlier this year when the Bitcoin price went on a massive rampage pump which the previous ATH was broken and aslo the halving experience made everyone hyped up for this 100k mark.

There is no more serious argument about this again because most people have realized that expecting $100k this year is not possible, so perhaps you shouldn't judge anybody who had $100k in mind before we enter the next year because if you can recall very well you will no that when Bitcoin broke the all time high and seeing how the market was behaving it was almost certain it will continue from there but nobody had it in mind that the price declining will last almost to the ending of the year, so the argument was not just a prediction then but it was drawn from the possibility the Bitcoin price was displaying, however with or without the Bitcoin price reaching the $100k I don't think it has any negative influence on anybody and besides that the price will not reach $100k this year doesn't mean it will not be possible on the coming year.
Well I don't know but with the way Bitcoin actually flies sometimes I think their is still time for any surprise to happen because Bitcoin when it wants to pump can do some wonders and within the twinkle of eye you will wake up and boom the price has gotten fucking high and also when it wants to dip, that's the same rate so there is every possiblity that any of these remaining months can lead to this massive pump.

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