Will bitcoin go below $100000?

[Oshosondy]

Bitcoin almost got to $100000, let us see if the support will hold or not. It got to $100800 not quite long. The support are broken sluggishly but still effectively like we might go below $100000. I hope bear market has not started but it is showing something like that.

I may be wrong.

The present price is $101550.

[EarnOnVictor]

I hope bear market has not started but it is showing something like that.

I may be wrong.

The present price is $101550.

You are not wrong to have suspected a bearish market start, after all, many are expecting it, even though the institutional player's diffusion is the main cause of the doubts this time. Bitcoin tradition may reign supreme still. Bitcoin's bullish-bearish cycle has always been regular, and the last one eventually started about this time 4 years ago, so what does anyone expect?

As for Bitcoin hitting $100k, it's becoming more feasible than ever. It has broken at least my four important supports already, I think the 100k could be the beginning of what we should expect.

[Ndabagi01]

I also feel that if the market breaks below $100K, we are already in the bear market and will continue like that. The market has been showing some signs of the bear market for quite some time now but we’ve being hopeful that it won’t break that support yet and we will achieve another All-Time High. With the recent bear run in the market and the way the market is not looking like it’s bullish momentum may continue, we may be going into the bearish cycle. The bullish market already achieved its course, so we shouldn't be surprised if the bear market now.

[sunsilk]

I hope so too that this isn't the start of the bear market. It's likely that it might go below $100k and that's the price signal that many are waiting for to consider that we're entering that phase.

But even so, I don't think that we're in it quite yet. I'm still moving forward at the end of the year, and with the remaining days.

There can be a lot of things that can happen before the cycle and this year ends. Otherwise, it's hard to swallow that reality that we're about to get into probable bear market.

[OgNasty]

I think the fact that we are dropping and within 1% of $100K, it is a pretty safe bet that we will fall below in the near future.  Will it happen today?  Who knows.  I'd like to think we've seen the worst of it now and will recover to the $105K range, but anything could happen if panic sets in.  There are some bullish events on the horizon in the coming weeks that could provide some support.  It sure feels like the train has changed directions though.  I think it would be wise to make sure that you won't be forced to sell Bitcoin in the next couple of years.  Don't touch leverage right now for sure.

[ASloveapg]

Right now Bitcoin is really showing a huge dumping, and given the current situation, it doesn't look like Bitcoin will be able to survive above $100K, but I think it could go down a bit and stabilize at support around $95,000 or $92,000, then slowly start recovering again. This November looks like a dumping month to me, but I hope it will come back again in December.

[JoyMarsha]

It is the reality that will come to play that in no short time(a day or two) the support of $100k will be broken. We have to accept that as reality that the bearish market is around the corner, we should focus on that, not to give ourselves hopes that is hanging that the market will later turn around good, still this year

[adultcrypto]

Bitcoin almost got to $100000, let us see if the support will hold or not. It got to $100800 not quite long. The support are broken sluggishly but still effectively like we might go below $100000. I hope bear market has not started but it is showing something like that.

I may be wrong.

The present price is $101550.

We are already headed to below $100,000 and I don't thing there anything that will stop it from happening. This is not spreading fud, it is facing reality and we have to accept it that way. Rather than panic, we should use that opportunity to buy more and HODL. I don't see this decline as the end of the bull run, I'm still possible that the recovery will happen and it will be fast in intense. If the decline continue to end of November, they it would have been confirmed that the bear market have started.

[Ojima-ojo]

Seriously I won't be supprise to wake tomorrow Morning to see Bitcoin fallen below 100k because the Price is currently around $100,500 which is a resistance level that have not really hold any liquidity to keep the price at that level before the Wednesday market hits.

Let see what happens in the market over the night because at some point we can't tell based on current market actions, volities and bear market is really hitting the Bitcoin market hard.

[OgNasty]

There it goes. Under $100K faster than I thought. I guess the word is out that the four year cycle is over and we are headed downward amidst a 70% correction. I wish I had sold more Bitcoin when it was at the highs, but I’m glad I was able to do what I did. Hopefully we get another good bounce before we go significantly lower.

[aoluain]

$100,389

Its safe to say at this stage the writing is on the wall.

Great opportunities lie ahead !

[centrum]

Bitcoin almost got to $100000, let us see if the support will hold or not. It got to $100800 not quite long. The support are broken sluggishly but still effectively like we might go below $100000. I hope bear market has not started but it is showing something like that.

I may be wrong.



The present price is $101550.

the way the price is moving around $100k and those supports slowly getting weaker that is usually a sign of a weak support zone. like once it properly break the price might easily drop further down. but still we can not say for sure that the bear market has started. sometimes after a big rally this kind of profit taking or selling pressur happens and then the market bounces right back up again. if we see strong buying pressure around the $98k–$99k area then yeah we can still say the bull structure is holding fine.

[mrust_mobile]

$100,389

Its safe to say at this stage the writing is on the wall.

Great opportunities lie ahead !

That’s the spirit. I don’t understand why people panic. Btc going below $100k a good thing. Actually the lower it goes the better it is. Remember how it happened last time. Btc was as low as $15-20k and then it did a x5 x6 and went as high as $120k. Some people thought btc was dead back then but they were dead fucking wrong. The steeper the decline is, the more brutal the recovery will be. Just remember to have some dry powder around to be ready for the bargain prices if it is not cheap enough already. Remember btc can go as low as 80% from its last ATH so if this bear market continues below $50k will be in the realm of possibilities.

[AirtelBuzz]

The tariffs were a curse for the Bitcoin market as the price has since suffered a sharp decline, resulting in I feel like the market may be on its way to dropping below $100K soon bitcoin's extreme downturn has created great embarrassment and every now and then, it appears that the Bitcoin market candles are turning red due to the crypto risk mood. We have already observed that the digital gold market has decreased by 5.24% compared to the previous day and the support have slowly broken down.

Seriously, given the current market activity, and the nature of the downturn, we can assume that the Bitcoin market may experience a bigger drop tonight and I'm worried that BTC will fail to defend the $100k area, so, will we see another rebounds before going down significantly?

The price right now is $100475.

[LDL]

Bitcoin almost got to $100000, let us see if the support will hold or not. It got to $100800 not quite long. The support are broken sluggishly but still effectively like we might go below $100000. I hope bear market has not started but it is showing something like that.

I may be wrong.

The present price is $101550.

When I look at the Bitcoin price updates from the central exchange Binance, the lowest price of Bitcoin on Binance is shown as 100010.
The market may go below 100k on some central exchanges, but on Binance, the market has not gone below 100k so far. However, the way the market is slowly moving down, it could fall below $100K by tonight. And if the support line is at 100K, the market could rebound from here.

[tabas]

There it goes. Under $100K faster than I thought. I guess the word is out that the four year cycle is over and we are headed downward amidst a 70% correction. I wish I had sold more Bitcoin when it was at the highs, but I’m glad I was able to do what I did. Hopefully we get another good bounce before we go significantly lower.

How I wish as well that I've sold more but to think that it could go up $140k-$150k, that's what I've thought before I've decided to sell. Well, but that's it. Maybe it's going to be the conclusion after all if we don't see any quick reversal and recovery this time. There is still plenty of time for some come backs and if Uptober didn't happen. Maybe, November and December is going to be good to us. Oh well, it's a bad decision a nd regretting when greed hits of selling more at a better rate is thought of but a high price that has been hit is missed.

[Stalker22]

BTC briefly dipped below $100,000 but quickly bounced back.  Altcoins, though, are taking a bigger hit.  Ethereum (ETH) is down about 10% today, and BNB and SOL have both fallen 8%.  A classic "altcoin bleed".  When people get scared, they usually move their money back into BTC because they see it as the safest option, which makes altcoins drop even faster.

[Popkon6]

The price of Bitcoin has touched $100k, but I see very little chance of Bitcoin's price rising at the moment. Because the possibility of Bitcoin breaking the $100k level has increased, there is no reason to panic, Bitcoin's price will rise again. At present, it has touched $99k, but those who are weak will basically sell Bitcoin. But you should not panic and sell Bitcoin at this moment, but rather use your money to buy Bitcoin and you will get success in the future.

[Coyster]

Really hard to predict the direction the market is going to take at this point. Are we going down to a bear market or is the price going to recover and we see it within the range of $107k-$115k. If weak hands panic a lot as a result of this drop, then i expect the price to fall further.

Personally i didn't expect a bear market until we touched $150k, so i would still keep my finger's crossed that we are not in the bears yet, but even if we are, it is nothing new and we continue hodling.

[red4slash]

Bitcoin almost got to $100000, let us see if the support will hold or not. It got to $100800 not quite long. The support are broken sluggishly but still effectively like we might go below $100000. I hope bear market has not started but it is showing something like that.

We all expected the same but it looks like sooner or later the bear market will return for now but it doesn't matter because it has to pass anyway.
The support position at $100800 has been passed and indeed this will make the situation a little more likely that bitcoin will drop below $100k in the near future.

What needs to be believed is that at this time there will be a lot of people who are fomo or in the trading cycle to panic and this is what should be avoided a little because after all the strong hands are those who will survive so if you have not done mental strengthening, now is the right time to make you reassure yourself because it could be that the decline will be a little further than we expect.