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Author Topic: $100k waiting room [status: achieved]  (Read 1539 times)
skarais
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November 25, 2024, 08:17:39 PM
 #41

~~~

Only less than 1% to reach the price of $100K from the price of $99k is not something that needs to be awaited to celebrate happiness because for me the achievement of $99k is the happiness that I have celebrated.
Predictions will be achieved $100K will occur at the end of 2024 for me to be achieved because if in December the only a few days the price will pass $100K and now only needs to be enjoyed on the ongoing correction.
I think $100k is the most important level that bitcoin needs to reach before we can expect a bigger price increase in 2025. You're right, $100k is no longer far away, but it's still hard to touch because there are a lot of people preventing it due to selling. High selling pressure saw $100k fail to break through on several attempts during November, but this small correction should not be a setback to hopes of a market recovery in the remainder of November.

In fact, the price of bitcoin can rise by several thousand dollars in 24 hours and correct by several thousand dollars as well. I'm sure $100k is soon to be broken, but it doesn't have much of an impact on your estimated assets compared to $99k. Not all investors have 1 bitcoin, many of them only have a few hundred dollars, but if they have tens to hundreds of bitcoins, then an increase of $1k is enough to make them happy.

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November 26, 2024, 08:22:52 AM
 #42

Only less than 1% to reach the price of $100K from the price of $99k is not something that needs to be awaited to celebrate happiness because for me the achievement of $99k is the happiness that I have celebrated.
Predictions will be achieved $100K will occur at the end of 2024 for me to be achieved because if in December the only a few days the price will pass $100K and now only needs to be enjoyed on the ongoing correction.
I think $100k is the most important level that bitcoin needs to reach before we can expect a bigger price increase in 2025. You're right, $100k is no longer far away, but it's still hard to touch because there are a lot of people preventing it due to selling. High selling pressure saw $100k fail to break through on several attempts during November, but this small correction should not be a setback to hopes of a market recovery in the remainder of November.

High sales when prices soaring rose have been estimated from the beginning. If the level of sales is high when the demand price is high, then at this time the market starts to return the direction which makes the target to $100K not achieved because the market is below $97K with a percentage of decline reaching -4.3%.
I think this moment of correction must also be enjoyed above gratitude because it is close to the price of $100K.

R


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November 26, 2024, 09:07:00 AM
 #43

Lol the price went down to $93K, making it harder to reach $100K.

Maybe not this month I guess?

Only less than 1% to reach the price of $100K from the price of $99k is not something that needs to be awaited to celebrate happiness because for me the achievement of $99k is the happiness that I have celebrated.
Predictions will be achieved $100K will occur at the end of 2024 for me to be achieved because if in December the only a few days the price will pass $100K and now only needs to be enjoyed on the ongoing correction.
It's needs to be awaited to celebrate because I set sell order when Bitcoin price at $100K, until now my order hasn't been filled by anyone. Tongue

Some people said if Bitcoin price hit $100K, it will automatically rise to $120K, but I don't think so, most likely people will dump it.
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November 26, 2024, 03:38:44 PM
 #44

didnt know there was a waiting room

so just grabbing a rock to sit on while i chill with the rest of yalls
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November 26, 2024, 04:09:24 PM
 #45

didnt know there was a waiting room

so just grabbing a rock to sit on while i chill with the rest of yalls

There's no chilling here, just stress lol. Hope you brought some sandwiches, we might be here for a while  Grin


Looks like the magic $100k wall might be thicker than expected, although many analysts expected a small dip before we get there but supposedly there should be some resistance at $93k and we could bounce back.
As per CMC, today's low was $91,463 which is over 8% from the ATH ($99,655). The Fear & Greed index is still in the extreme greed range (81 out of 100).

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November 26, 2024, 04:26:21 PM
 #46

Bitcoin is now down 8.2% since Friday, November 21, after hitting an all-time high of $99,800.

There is a chance that Bitcoin could drop below $90,000 but it will not drop below $85,000 and if that happens, it would be a great time to accumulate more Bitcoin which would push the price of Bitcoin up and reach $100,000.

I am still very optimistic that hitting $100,000 will happen in the next few weeks. I think it is normal for them or long-term Bitcoin investors to take profits after the recent rally, and it often happens when they hit new highs. And the sell-off to take profits will definitely create more demand which will reverse the trend.
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November 26, 2024, 06:21:47 PM
 #47

Bitcoin is now down 8.2% since Friday, November 21, after hitting an all-time high of $99,800.

There is a chance that Bitcoin could drop below $90,000 but it will not drop below $85,000 and if that happens, it would be a great time to accumulate more Bitcoin which would push the price of Bitcoin up and reach $100,000.

I am still very optimistic that hitting $100,000 will happen in the next few weeks. I think it is normal for them or long-term Bitcoin investors to take profits after the recent rally, and it often happens when they hit new highs. And the sell-off to take profits will definitely create more demand which will reverse the trend.

I will this drop is not that significant, although obviously, it dowse our hopes of finally officially seeing that $100,000. But I guess the best thing to do is just sit this out, do not sell, but instead just continue to accumulate if we can.

Maybe we can reverse this trend next month, it's December and there could be people with bonuses just pouring their money on the market because we believed that $100,000 could be just the start for us. And next year 2025, will be one of the biggest if not the biggest bull run that we will see, specially once Trump takes office in January.

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November 26, 2024, 06:37:35 PM
 #48

Bitcoin is now down 8.2% since Friday, November 21, after hitting an all-time high of $99,800.

There is a chance that Bitcoin could drop below $90,000 but it will not drop below $85,000 and if that happens, it would be a great time to accumulate more Bitcoin which would push the price of Bitcoin up and reach $100,000.

I am still very optimistic that hitting $100,000 will happen in the next few weeks. I think it is normal for them or long-term Bitcoin investors to take profits after the recent rally, and it often happens when they hit new highs. And the sell-off to take profits will definitely create more demand which will reverse the trend.
The market is playing a mind game on all of us, just like it knew there were many people waiting to sell at $100k and $110k because there is a believe that when price hits $100k and a little bit above that, there will be a correction down to around $80k. So, the market refusing to hit the $100k might just be a way to play on the minds of those sellers. It is logical to attribute the drop in price to the liquidation of some whales and I will say that those sell others might just be a way the big guys want to drop the price for their discount entry. Despite that, $100k price is just around the corner as I believe it will not take long to achieve.











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November 26, 2024, 07:19:21 PM
 #49

I am still very optimistic that hitting $100,000 will happen in the next few weeks. I think it is normal for them or long-term Bitcoin investors to take profits after the recent rally, and it often happens when they hit new highs. And the sell-off to take profits will definitely create more demand which will reverse the trend.

I think the dip is due to some retail investors overreacting to Bitcoin not going past through the $100k barrier in one blow. Many of them had a sell target of $100k, so when we almost touched it but started to go a bit down, the panic kicked in and the sell-out began. I don't think it it will be a long-lasting one and I expect the price to go back to the 98-99 range maybe even this week.


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November 26, 2024, 10:24:14 PM
 #50

didnt know there was a waiting room

so just grabbing a rock to sit on while i chill with the rest of yalls

There's no chilling here, just stress lol.

that kinda strikes me as funny sorta. the stress part i mean. as btc is probably one of the most stress free things ever created. its math. it just works. and its designed to absorb any marketcap. basically you just wait and eventually youll (probably) see 100k in the rear view mirror. *

* not financial advice
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November 26, 2024, 11:57:04 PM
 #51


We're almost there lads. Today we've hit another ATH of $99,014, so less than 1% away from the magic number.
As expected, there's some more resistance here, but hopefully the greed will kick in and sellers will move their orders a bit higher.

With good winds, we might see it breaking past within a few hours or a day, but small correction or some side action before that happening is also fairly possible.
Bitcoin barely touched $100000 and many are speculating that Bitcoin may not reach $100000 until 2024. While Bitcoin has reached $100,000 on some exchanges, popular exchanges are showing the highest ath so far at $99,000.
But for the last few days, Bitcoin is in a downward market trend, so for now, it is thought that if Bitcoin pumps in December, it may touch the magic number of $100,000, but in November, Bitcoin may not pump.











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doomloop
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November 27, 2024, 06:12:03 AM
 #52

Only less than 1% to reach the price of $100K from the price of $99k is not something that needs to be awaited to celebrate happiness because for me the achievement of $99k is the happiness that I have celebrated.
Predictions will be achieved $100K will occur at the end of 2024 for me to be achieved because if in December the only a few days the price will pass $100K and now only needs to be enjoyed on the ongoing correction.
This is true, we might be down right now, but the fact that we reached 99k, or even be 84k, is something to celebrate, do not look at higher and higher and forget about being happy about today. Many people miss that part and because of that we are not seeing them do any justice to what we are seeing. It's a great period and we need to remember that things could take a while but they always recover eventually, we are at that point right now and should be happy about the current day, as well as potential for the future as well.

I am not saying don't look at the future, I am just saying do not ignore todays price while focusing on the future alone. 94K is a great price and should make us all very happy, it's something we can't deny at the moment and there are many great futures where we could also see 150k or even 200k in less than a year, that's not a lot and definitely looks like something we can provide these days, things are not that complicated at all.
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November 27, 2024, 07:10:52 AM
 #53

Only less than 1% to reach the price of $100K from the price of $99k is not something that needs to be awaited to celebrate happiness because for me the achievement of $99k is the happiness that I have celebrated.
Predictions will be achieved $100K will occur at the end of 2024 for me to be achieved because if in December the only a few days the price will pass $100K and now only needs to be enjoyed on the ongoing correction.
This is true, we might be down right now, but the fact that we reached 99k, or even be 84k, is something to celebrate, do not look at higher and higher and forget about being happy about today. Many people miss that part and because of that we are not seeing them do any justice to what we are seeing. It's a great period and we need to remember that things could take a while but they always recover eventually, we are at that point right now and should be happy about the current day, as well as potential for the future as well.

I am not saying don't look at the future, I am just saying do not ignore todays price while focusing on the future alone. 94K is a great price and should make us all very happy, it's something we can't deny at the moment and there are many great futures where we could also see 150k or even 200k in less than a year, that's not a lot and definitely looks like something we can provide these days, things are not that complicated at all.
I agree with you, no matter what the price of Bitcoin is, we should always be satisfied with its price, just because the price has fallen now, it does not mean that it will not rise again. It will definitely rise, and the current price of $94K, which we can never say less, $94K is a huge price.
We should never be disappointed with the price of Bitcoin, now if the price falls, we should see it as a buying opportunity, and always have faith in Bitcoin. And instead of always looking at the price and being afraid, we should have a long-term holding perspective, only then can we achieve the real success of Bitcoin.
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November 27, 2024, 08:18:03 AM
 #54

We're almost there lads. Today we've hit another ATH of $99,014, so less than 1% away from the magic number.
I must confess that I love this, the $100,000 is now the magic number and I am almost sure that Bitcoin may hit it this year. Shortly after your post (judging by the time), Bitcoin launched higher and was able to record another ATH of $99,803 on my chart. This is just a shortfall of $197 to hit the $100,000, we are getting there.

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With good winds, we might see it breaking past within a few hours or a day, but small correction or some side action before that happening is also fairly possible.
We've had enough correction already as the coin successfully dropped from $99,803 to $90,765, that's massive. I expect it to start moving back or at least resist further significant falling below $90,765.


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November 27, 2024, 08:41:59 AM
 #55


We're almost there lads. Today we've hit another ATH of $99,014, so less than 1% away from the magic number.
As expected, there's some more resistance here, but hopefully the greed will kick in and sellers will move their orders a bit higher.

With good winds, we might see it breaking past within a few hours or a day, but small correction or some side action before that happening is also fairly possible.

Yes, we were going to reach $100k soon, but we reached $99,500+ there. Currently, I can see that the Bitcoin market has been dumping a lot, where we saw Bitcoin reach $90k, although at the moment the market is moving upwards again. But we are definitely waiting for good weather, many are greedy for this time, they will sell only when Bitcoin reaches $100k. But it is certainly true that when people sell Bitcoin according to their target, the Bitcoin market can move downwards.

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November 27, 2024, 08:54:05 AM
 #56


We're almost there lads. Today we've hit another ATH of $99,014, so less than 1% away from the magic number.
As expected, there's some more resistance here, but hopefully the greed will kick in and sellers will move their orders a bit higher.

With good winds, we might see it breaking past within a few hours or a day, but small correction or some side action before that happening is also fairly possible.

I would benefit the most if Bitcoin touched six-figure prices, and if it gets a small price shock, the price of Bitcoin should touch 100k where it is stuck at 99.5k dollars. Now the price of Bitcoin is currently at 93.4k dollars, but it can hit 100k dollars at any time. The time we are in is basically a bull run season.
We are in the middle of it since the bull run will affect the market until 2025, so there is nothing to be disappointed. We will not be too greedy, we will be patient, so the price of Bitcoin will move towards further improvement. Because in 2025, the price of Bitcoin will move quickly to touch 150k dollars, so we have to take steps to maintain our holdings until now.

cryptoWODL
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November 27, 2024, 08:58:02 AM
 #57

Lol the price went down to $93K, making it harder to reach $100K.
For the first time in Bitcoin history, the price of Bitcoin rose to an all-time high of $99,000.
After touching an all-time high, the price of Bitcoin fell back to $90,791 yesterday. The market looks a bit bullish today, but given the upward trend of Bitcoin price at this stage, it seems that it may be very difficult to touch $100k dollars.
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Some people said if Bitcoin price hit $100K, it will automatically rise to $120K, but I don't think so, most likely people will dump it.

I waited for that for which I had not planned to sell any bitcoins yet. I thought that if the price of Bitcoin touched $100k dollars, it would touch $110k or $120k dollars very quickly. I am not selling at the moment.

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November 27, 2024, 02:04:15 PM
Merited by vapourminer (1)
 #58

For now the selling pressure at the ATH just below 100k was strong and the charts show that 90k was closely touched in the last 24hours before bouncing back to 94k USD.

So we are not out the waiting room yet and the rocks you guys are sitting on might end up burning a hole in your pants soon. There is good selling pressure around 99k USD.

We might see 100k but it might take some good amount of time.

 
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November 27, 2024, 02:13:46 PM
 #59

So we are not out the waiting room yet and the rocks you guys are sitting on might end up burning a hole in your pants soon. There is good selling pressure around 99k USD.


err we need pants in here?
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November 27, 2024, 02:18:31 PM
Merited by vapourminer (1)
 #60

err we need pants in here?
Going solo? You da man there vapo!

But I tend to be on the gentlemen side of things and prefer to keep my pants on and my accessories rest easy on the rocks. Who knows how long we might have to sustain like this and the rock is not giving up before we do. Grin

Seeing the price changes, it might take long Roll Eyes

 
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