100k mark, year is almost rounding up..

[pooya87]

I believe that the recession is still the biggest preventing factor we are facing in the bitcoin market that has stopped price from reaching $100k (and a lot more since the potential doesn't stop there). And until we see recession slows down or stops, we may not be able to see a major rise to reach a significant ATH level.

For now all positive signals are weak...

[JeffBrad12]

I believe that the recession is still the biggest preventing factor we are facing in the bitcoin market that has stopped price from reaching $100k (and a lot more since the potential doesn't stop there). And until we see recession slows down or stops, we may not be able to see a major rise to reach a significant ATH level.

For now all positive signals are weak...

that and low confidence of the retailers. the institutions are fully buying bitcoin because they know it will be big, the limited total supply and almost entire world knowing bitcoin existence already speaks a lot about the future of bitcoin but retailer can easily get swayed by market movement therefore they are hesitant and instead keep shorting on supply zone .

bitcoin will really need a big push for it to move past $70k and will probably happen at the end of the year where consolidation phase ended and we start making breakthrough.

[Accardo]

bitcoin will really need a big push for it to move past $70k and will probably happen at the end of the year where consolidation phase ended and we start making breakthrough.

Generally speaking, traders share similar prediction on multiple channels, and it's presumed to happen at the ending of this year. For that reason, I'd add that the bear season would follow up on the first quarter of 2025, due to the Chinese holidays. For the most part of 2017 bull season, the Asian holidays contributed to the bear season of early 2018. Considering it from a historical approach, if the market should hit 80k this year, then they'll be a massive drop in price, next year.

[Baofeng]

I believe that the recession is still the biggest preventing factor we are facing in the bitcoin market that has stopped price from reaching $100k (and a lot more since the potential doesn't stop there). And until we see recession slows down or stops, we may not be able to see a major rise to reach a significant ATH level.

For now all positive signals are weak...

that and low confidence of the retailers. the institutions are fully buying bitcoin because they know it will be big, the limited total supply and almost entire world knowing bitcoin existence already speaks a lot about the future of bitcoin but retailer can easily get swayed by market movement therefore they are hesitant and instead keep shorting on supply zone .

bitcoin will really need a big push for it to move past $70k and will probably happen at the end of the year where consolidation phase ended and we start making breakthrough.

Well we can also argue the same in the last bull run. Personally, we have been talking $100k in 2021 and I'm thinking that were should the money come from. And with that, we saw whales pumping the market. Although we haven't seen 6 figures back then, but still at $69k tops? still a good price during that cycle.

And with we are in the new bull run cycle, still too early to say whether we will get into $100k or not. But my point here is that sooner or later, there will be another pump, huge money is going to flow, maybe there will be more whales today as compare in the last 4 years. And despite what the global economy status is, we will still going to see a massive pump in 2025.

[Republikcoin.com]

It's true that we all believed and predicted that Bitcoin would reach 100k, but hey, I'm sure we all have made one or two wrong predictions so it's definitely not the end of the world. However, some of us (me inclusive) still believes that there's still time for Bitcoin to reach 100k as predicted and the good news that most of us have seen is that Bitcoin is the new "Gold" so regardless of it's inflation rate at the moment let's look at the brighter side "new Gold"

That is just a more reasonable assumption for Bitcoin because right now there are many who are hoping for a brighter future for Bitcoin before the year ends as Bitcoin is still below $60K although there are still many who continue to believe in Bitcoin and also with the good potential that can still happen in Bitcoin. I also do not consider the current condition as the end because Bitcoin can still grow and increase over time so people who are still hoping to see $100K in Bitcoin is quite logical to hope because Bitcoin is still living a better life at this time.

[yhiaali3]

If you believe in Bitcoin in the long term, don't care about all these fluctuations, long-term investing means setting a sell target and not looking at the screen, don't care about all these bearish and bullish indicators.

All those who believe in Bitcoin see that the minimum target for Bitcoin will be 100 K and it doesn't matter if this target is achieved this year or next year, it's just a matter of time.

So the best solution is to stay away from the news and watch the nerve-wracking indicators, just relax and wait for your target to be achieved.

[taufik123]

-snip-
All those who believe in Bitcoin see that the minimum target for Bitcoin will be 100 K and it doesn't matter if this target is achieved this year or next year, it's just a matter of time.

So the best solution is to stay away from the news and watch the nerve-wracking indicators, just relax and wait for your target to be achieved.

The current ATH $100k price target is quite common and awaited by everyone who believes in Bitcoin.
I also waited for it and only continued to buy when the price was still cheap enough, just need to do DCA with the reserve funds that are still available.

Although the price will not reach this year or next year, but I believe it will reach an ATH of $100k eventually.
As you said, it's only a matter of time, have to be patient and wait for the super mega bullish to come.

Yes, it's better to relax and enjoy the vacation only, Just buy it and hold it for the long term so that it doesn't make your mind stressed because you look at the chart all the time.
One successful way to survive any market condition is not to look at the market at all, if you do have reserves of money to buy and hold to accumulate the amount of Bitcoin held.

But in fact there are some people who panic too much because they use the money they still need for other purposes.
That would ruin the initial strategy and would only sell at a loss due to the panic that engulfed as prices continued to fall.

[$weetne$$]

Generally speaking, traders share similar prediction on multiple channels, and it's presumed to happen at the ending of this year. For that reason, I'd add that the bear season would follow up on the first quarter of 2025, due to the Chinese holidays. For the most part of 2017 bull season, the Asian holidays contributed to the bear season of early 2018. Considering it from a historical approach, if the market should hit 80k this year, then they'll be a massive drop in price, next year.

After the price of Bitcoin increase by the end of the year, the next thing we should be expecting is a quick price reduction therefore your prediction is correct. By the start of next year, we should be expecting some correction although that should not bother us because next year is going to be very good year for Bitcoin investors as we are expecting the highest price of Bitcoin to come next year and that is a good opportunity for us to take profits and wait for better opportunities to buy again. The Chinese holiday will make Bitcoin to drop in price for sure but it should not be a long effect as I think the holiday is just few days and Bitcoin will still have enough time to recover as people are going to be using this opportunity to buy more Bitcoin.

[Mpamaegbu]

I believe that the recession is still the biggest preventing factor we are facing in the bitcoin market that has stopped price from reaching $100k (and a lot more since the potential doesn't stop there). And until we see recession slows down or stops, we may not be able to see a major rise to reach a significant ATH level.

For now all positive signals are weak...

Your last sentence is the catch for me. Nicely done. In addition, I believe price is the way it's right now simply because this is a bull year. Otherwise, recession would've dragged it down to a panic state. So, despite the weakness in the market investors are depending on the trend with assurance that market outlook will revert and do awesomely well soon.

Again, OP should realize that we're not yet done with bull circle. $100k isn't a hurdle to climb for Bitcoin. We saw how it rose from around $42k and did >$70k within a short time. It can still do more than that again before the end of this year.

[EL MOHA]

I believe that the recession is still the biggest preventing factor we are facing in the bitcoin market that has stopped price from reaching $100k (and a lot more since the potential doesn't stop there). And until we see recession slows down or stops, we may not be able to see a major rise to reach a significant ATH level.

For now all positive signals are weak...

I think same mate, people are actually throwing the election narrative into the bitcoin price predictions and think it is the reason why bitcoin is down but those are just little narrative that do not have large effect on it, the biggest fundamental narrative affecting bitcoin price is the economic situation of the world. Bitcoin touched $48k on August 25 (if I get the date right) when the news of a looming recession was announced with the interest rates of JPY also increasing, this shows that economical factors are key to the market than other narratives.

Again, OP should realize that we're not yet done with bull circle. $100k isn't a hurdle to climb for Bitcoin. We saw how it rose from around $42k and did >$70k within a short time. It can still do more than that again before the end of this year.

Many investors most especially newbies are just too eager to see bitcoin reaching a six figure, the current correction is even making some think that the bull run is over. I keep on saying that the bull run hasn’t even started it could begin this year Q4 or full blown next year which is when I much expect the $100k to be reached. For now let’s enjoy the consolidation

[AmoreJaz]

I believe that the recession is still the biggest preventing factor we are facing in the bitcoin market that has stopped price from reaching $100k (and a lot more since the potential doesn't stop there). And until we see recession slows down or stops, we may not be able to see a major rise to reach a significant ATH level.

For now all positive signals are weak...

Your last sentence is the catch for me. Nicely done. In addition, I believe price is the way it's right now simply because this is a bull year. Otherwise, recession would've dragged it down to a panic state. So, despite the weakness in the market investors are depending on the trend with assurance that market outlook will revert and do awesomely well soon.

Again, OP should realize that we're not yet done with bull circle. $100k isn't a hurdle to climb for Bitcoin. We saw how it rose from around $42k and did >$70k within a short time. It can still do more than that again before the end of this year.

Even if we say, we only have 3 remaining months this year, when it comes to crypto market, everything is possible. Such period is actually long period already. So anything can happen in between. If we will see such good news, it can really easily go up fast or the opposite, if we will suffer some unnecessary setbacks.

The reason why most people are getting interested in this market is the high volatility factor. However, if you don't know what you're getting into, you can easily lose some especially if you don't have yet the full grasp of this market. The entry and exit is quite important in determining if you will gain or lose with your investments.

[2Pizza410000BTC]

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.

2024 is still a few months away so we can wait without being so impatient. We can see that the market has increased a lot today, Bitcoin market has increased to $60500 so we hold our Bitcoin investment without getting upset. If it is not possible to stay at $100K in 2024, I think Bitcoin will reach $100K in 2025. But most hope that Bitcoin will reach $100,000 in 2024 because it doesn't take much time for the market to grow and when the market starts to grow, it can increase by several thousands of dollars in a short period of time. So whoever is in custody of the investment, we should not panic ourselves when we come to the edge of the bull session.

[coin-investor]

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.

What are we going to lose hoping that Bitcoin will reach $100k, The market is very volatile; anything can happen. We sleep and wake up and get surprised that there's a major pump, The most important thing is we are comfortable with our investment, and with our mindset, there's no use stressing yourself, its not a question of when Bitcoin will hit $100k because it will eventually hit that, maybe not this year but possibly next 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.

Bitcoin has come this far for the community to doubt it Whatever happens, the adoption will continue, You can't ignore something that's always making headlines, and organizations are planning to adopt, Those naysayers will eventually become believers, and they will eat their words.

[aoluain]

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.

2024 is still a few months away so we can wait without being so impatient. We can see that the market has increased a lot today, Bitcoin market has increased to $60500 so we hold our Bitcoin investment without getting upset. If it is not possible to stay at $100K in 2024, I think Bitcoin will reach $100K in 2025. But most hope that Bitcoin will reach $100,000 in 2024 because it doesn't take much time for the market to grow and when the market starts to grow, it can increase by several thousands of dollars in a short period of time. So whoever is in custody of the investment, we should not panic ourselves when we come to the edge of the bull session.

You must mean 2925 is still a few months away? as in 3 and 1/2 months!

Historically October and November have been predominantly Green months.
If that trend continues for the remainder of 2924 there is a chance we could
reach $100k or at least come very close to it. Regardless of that we will
be hitting that target next year!

For those selling and trying to time the top, its almost impossible, same a trying
to time the bottom to be able to buy

[Asiska02]

Many people that have bought and hold bitcoin till now are not going to sell it, an higher percentage of them won’t even do that. The hype surrounding the $100K mark for bitcoin in this bull cycle is more realistic to many people in the crypto space and they’re all looking to wait patiently until that is achieved. I don’t think any investor will be so convinced to sell now when the bull run has not yet began. Some pump happened earlier this year and many speculated it to be the bull run which eventually stopped too early. Previous bull run don’t, so a lot of people will expect it to not just have started and the $100K mark will happen this year before the year runs out or probably early next year.

[wahyuagung26]

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.

 Continue to speculate Bitcoin to reach $100k this year, assuming we seem to be a bit of a complicated journey this year, only a few more times in the not too distant future Bitcoin will pass the turn of the next year, the fluctuations that occur in Bitcoin make it a very strong reference that Bitcoin's movement should not be able to be predicted accurately. in a Halving cycle that occurs this year shows Halving immediately after several previous halvings. and frankly we will only see the volatility that occurs next.

[ShowOff]

Many people that have bought and hold bitcoin till now are not going to sell it, an higher percentage of them won’t even do that. The hype surrounding the $100K mark for bitcoin in this bull cycle is more realistic to many people in the crypto space and they’re all looking to wait patiently until that is achieved. I don’t think any investor will be so convinced to sell now when the bull run has not yet began. Some pump happened earlier this year and many speculated it to be the bull run which eventually stopped too early. Previous bull run don’t, so a lot of people will expect it to not just have started and the $100K mark will happen this year before the year runs out or probably early next year.

In my opinion, $100k is not an exaggeration, but it is the expectation for bitcoin prices in the upcoming bull cycle. $100k is expected to be the new ATH in bitcoin history, but we should not forget that previously we already had an ATH of $73k. The high expectations for $100k are quite realistic, there is a lot of optimism from the average user and market analysts, but the potential still depends on how this market grows and the growth of the world economy.

Of course, we must not only have high hopes, but must be able to accept whatever is the reality in the market. Yesterday we had the price of bitcoin break through $60k, but it fell to $59,400 again for a while. Now that we're at $60k again, it's certainly good to expect a rise higher than that.

[LUCKMCFLY]

That is just a more reasonable assumption for Bitcoin because right now there are many who are hoping for a brighter future for Bitcoin before the year ends as Bitcoin is still below $60K although there are still many who continue to believe in Bitcoin and also with the good potential that can still happen in Bitcoin. I also do not consider the current condition as the end because Bitcoin can still grow and increase over time so people who are still hoping to see $100K in Bitcoin is quite logical to hope because Bitcoin is still living a better life at this time.

The hope is always open for it to go up to $100k, for me it is a Psychological price , in fact many traders and investors will sell at this price , which does not seem right to me, but everyone is the owner of their money, however when I see opinions like this there is nothing else to do but respect, but personally I think that when BTC reaches $100k the price may continue to rise and rise, and those who sell at $100k could be missing out on the whole movement , so you have to have a lot of patience and moderation to control those desires to sell, it is better to try to better locate where the ATH may be.

[DOH!]

$100k is still in my expectation in this cycle and I may doubt if it happens by the end of this year but if it does happen next year I will still have fun with it by accumulating and continuing to hold bitcoin and some dreams. Lol
While most of us are ready for 2024 I am a bit biased towards bitcoin in 2025, would it be a surprise?

[MainIbem]

That is just a more reasonable assumption for Bitcoin because right now there are many who are hoping for a brighter future for Bitcoin before the year ends as Bitcoin is still below $60K although there are still many who continue to believe in Bitcoin and also with the good potential that can still happen in Bitcoin. I also do not consider the current condition as the end because Bitcoin can still grow and increase over time so people who are still hoping to see $100K in Bitcoin is quite logical to hope because Bitcoin is still living a better life at this time.

The hope is always open for it to go up to $100k, for me it is a Psychological price , in fact many traders and investors will sell at this price , which does not seem right to me, but everyone is the owner of their money, however when I see opinions like this there is nothing else to do but respect, but personally I think that when BTC reaches $100k the price may continue to rise and rise, and those who sell at $100k could be missing out on the whole movement , so you have to have a lot of patience and moderation to control those desires to sell, it is better to try to better locate where the ATH may be.

At this point, the hope of Bitcoin investor is for the price to get to the 100k mark and beyond, it's got to 70k previously and before then it's set other heights and I believe that's why the hope of the majority who believe in Bitcoin getting to the 100k mark is getting higher. Well it could happen before the year ends, it could be next year, some people are even saying if trump wins after the October election, there's a possibility of Bitcoin getting to the 100k mark earlier than expected, all these being said are very possible, but my question is how prepared is everyone, it's one thing to just guess the price and it's another thing to be prepared and there's no other way to be prepared than accumulating as much as possible at this current price, if it happens to go downwards, then it's a still a plus for investors so far everyone keeps up with the DCA or any other good methods of hoarding Bitcoin to their portfolio as we wait for Bitcoin to reach 100k, it would definitely happen but then the most important thing is getting prepared.