Can Bitcoin bounce back to 100k

[EarnOnVictor]

With the rate of $89000 worth for one Bitcoin to $90000, can it go back to how it was I really missed it that way a $100k for one Bitcoin I want to know what are the criteria for Bitcoin to rise back to how it was a $100k . Is it going to drop less than this or appreciate back to a $100k. What's holding it to rise back because I strongly believe it will definitely bounce back to $100k

Believing it is nothing here, it's actualization that matters.

For Bitcoin to rise back to $100,000, it must satisfy many conditions, and the two of them are the rearrangement of the chart pattern, especially when it corrected the recent losses. And change in investors' sentiment. Mind you, hitting $100,000 back means nothing in this current dispensation, as it only means a retracement, which could even mean the beginning of a larger fall.

The bias is extremely bearish, and Bitcoin, unfortunately, hit $80,000+ today before moving higher a little. Who knows where it will close this week, and not to mention beginning the next week?

[aylabadia05]

With the rate of $89000 worth for one Bitcoin to $90000, can it go back to how it was I really missed it that way a $100k for one Bitcoin I want to know what are the criteria for Bitcoin to rise back to how it was a $100k . Is it going to drop less than this or appreciate back to a $100k. What's holding it to rise back because I strongly believe it will definitely bounce back to $100k

Returning to $100,000 is possible. It just takes time to reach that price, but we can't say for sure how many weeks or months it will take for the price to recover and reach $100,000. We still remember that this year, on April 7th, the Bitcoin price dropped to $74,000 from $109,000. On May 8th, Bitcoin rose again to $104,000.
That's the real data we've been through until Bitcoin finally reached its all-time high of $126,000.
Only the possibility remains an obstacle to further growth. Don't panic, so there's no room for complaint.

[BitMaxz]

Returning to $100,000 is possible. It just takes time to reach that price, but we can't say for sure how many weeks or months it will take for the price to recover and reach $100,000. We still remember that this year, on April 7th, the Bitcoin price dropped to $74,000 from $109,000. On May 8th, Bitcoin rose again to $104,000.
That's the real data we've been through until Bitcoin finally reached its all-time high of $126,000.
Only the possibility remains an obstacle to further growth. Don't panic, so there's no room for complaint.

No one knows when exactly the price will bounce back to the $100k level, but right now with the current condition of the market, I don't see any reversal patterns yet. We already broke the previous trend and created a series of new lower lows. Meaning we are currently in bearish season.
If this is similar to the old cycle, this bearish season would take a year or nearly block halving before it bounces back again to the $100k level.
Just like before, I am more comfortable buying back in nearly block halving than buying during a bearish season.
If you are still holding some BTC and can handle your emotion even if your investment has already lost -50%, then it's better not to keep watching your portfolio because that's very stressful, and you might end up selling it.

That's why I always said to myself, "Don't buy BTC at nearly ATH," because that is not a wise decision if your purpose is to keep holding it for the long term. There's always a bearish season which is a good time to buy BTC in much cheaper price.

[Kelvinid]

Bitcoin is currently priced at $83k as of this writing, and to think how low it had dropped from $120k, but I'm still optimistic that bitcoin will reach $100k again gradually as recovery may not be that quick and easy to happen. In fact, I can sense that bitcoin may even dropped more and might land into $50k-$60k, but no worries as we are here to invest for long term that's why patience should be given high importance these days.

This is exactly the reason why weak hands should not dare to enter bitcoin investment. Otherwise, they will be battling with their emotions in market scenarios like this.

[ASloveapg]

Bitcoin is currently priced at $83k as of this writing, and to think how low it had dropped from $120k, but I'm still optimistic that bitcoin will reach $100k again gradually as recovery may not be that quick and easy to happen. In fact, I can sense that bitcoin may even dropped more and might land into $50k-$60k, but no worries as we are here to invest for long term that's why patience should be given high importance these days.

This is exactly the reason why weak hands should not dare to enter bitcoin investment. Otherwise, they will be battling with their emotions in market scenarios like this.

Now the recovery will not be easy, it will take a long time, but yes, as you said, we are here to invest for the long term, so we should never be afraid of this short-term volatility. Our journey is long-term, so no matter how much short-term volatility comes in our journey, we have to ignore all these. We are climbing a mountain, where there are many obstacles and dangers, but when we can bravely overcome all kinds of obstacles and dangers, only then will we be able to reach the top of that mountain.

[Adams0001]

Now the recovery will not be easy, it will take a long time, but yes, as you said, we are here to invest for the long term, so we should never be afraid of this short-term volatility. Our journey is long-term, so no matter how much short-term volatility comes in our journey, we have to ignore all these. We are climbing a mountain, where there are many obstacles and dangers, but when we can bravely overcome all kinds of obstacles and dangers, only then will we be able to reach the top of that mountain.

Sure but definitely the price will reach 100k one day because the market is always unpredictable and he can shocks us and raise in the next day so we should always invest for long term and wait for our target before selling. People that invest for short term current are people that will lose because they think the price will raise deeply and now is dropping down and know one knows when the price will increases again but others invest for long term will always get the confidence that he will raise and won't feel worry of losing is funds because bitcoin will raise if he drop is only the newbies that will be confuse currently because they don't know that bitcoin is volatile and you can lose and gain anytime, but if you leave it for long you will always be appreciated because you won't lose anything.

[Renampun]

It is very possible for Bitcoin to bounce back to $100k, because if it has already reached $126k, then reaching the $100k level again is not impossible, it is only a matter of time before it happens, maybe for now the momentum has not yet gathered because the market is in a consolidation phase, but if there is positive news that can trigger more investors to come back, then it is very possible that we will see Bitcoin bounce back to $100k.

[yudi09]

With the rate of $89000 worth for one Bitcoin to $90000, can it go back to how it was I really missed it that way a $100k for one Bitcoin I want to know what are the criteria for Bitcoin to rise back to how it was a $100k . Is it going to drop less than this or appreciate back to a $100k. What's holding it to rise back because I strongly believe it will definitely bounce back to $100k

High selling pressure has stopped, so the opportunity for another rise, as you might expect, could occur. Within a few hours, the lowest point for Bitcoin's price was $80,600. Currently, selling pressure remains high despite other factors contributing to the price decline.

This situation usually doesn't last long in my opinion if the expected price of one Bitcoin is $100,000, but it's not easy to predict when Bitcoin prices will return to $100,000. If the selling percentage begins to decline, I believe the market reaction will be positive regarding the buying price.

[Y3shot]

With the rate of $89000 worth for one Bitcoin to $90000, can it go back to how it was I really missed it that way a $100k for one Bitcoin I want to know what are the criteria for Bitcoin to rise back to how it was a $100k . Is it going to drop less than this or appreciate back to a $100k. What's holding it to rise back because I strongly believe it will definitely bounce back to $100k

It is possible for the price of Bitcoin to increase even more than what you think but you cant tell when it will increase or will even fall more.  The price of Bitcoin cant be predicted and no one can tell what the price of Bitcoin would be in the next minutes, we all speculate but their is no guarantee for bitcoin to get to the given price one wants in their actual time. If you have interest to buy bitcoin, buy now and hodl because bitcoin price will definitely increase, Bitcoin at this price is an opportunity for the future.

[uche6215]

Right now the price is $83,689 and probably tomorrow or on Sunday it will hit $75k. And I like as the price is going down because it will make me to acquire some quantity of bitcoin and that quantity will become quality bitcoin when the price rise again. Op you don't have to be afraid, definitely the price will rise again. There are some people who invested heavily in bitcoin when the price was high as $100+ and now the price is $80+ and they are not afraid because they know that the price will rise again. Take this as an opportunity to accumulate more bitcoins in your portfolio.

[justdimin]

Now the recovery will not be easy, it will take a long time, but yes, as you said, we are here to invest for the long term, so we should never be afraid of this short-term volatility. Our journey is long-term, so no matter how much short-term volatility comes in our journey, we have to ignore all these. We are climbing a mountain, where there are many obstacles and dangers, but when we can bravely overcome all kinds of obstacles and dangers, only then will we be able to reach the top of that mountain.

Recovery might not be easy but I also do not see it being delayed by a long time. Maybe for a couple of days we might remain at the same price point but the chances of going back to $100k are very much possible. I might agree that the sentiments as of now are bearish and a lot of people want bitcoins to dip some more so they can have better opportunities to invest again but we have to accept the fact that bitcoins will always go in opposite direction. Bitcoins does not really care about people's sentiments and it can easily revert back.

If we see some positive growth, it might just take a couple of days before we see bitcoins touching $100k again. Bitcoins crossing $100k was a great achievement and also bitcoins were able to survive above $100k so the chances of going back are pretty high.

[lixer]

I believe bitcoins might continue to drop for some time now. We already saw a bullish growth for more than a year so it will be wise to expect some bearish movement as of now. I will say do not get psychologically attached to the price. It is good that you want to see bitcoins back above $100,000 but this might really be difficult considering the current situation and if you get your emotions attached than be prepared to be heart broken.

If we consider long term, yes $100,000 is very much possible but I am talking about months here before we can cross that mark. Now, majority of people are expecting a bearish turn and even the institutions are ready to buy bitcoins at certain dips which indicates that we will see further dips.

[Ultegra134]

Bitcoin is currently priced at $83k as of this writing, and to think how low it had dropped from $120k, but I'm still optimistic that bitcoin will reach $100k again gradually as recovery may not be that quick and easy to happen. In fact, I can sense that bitcoin may even dropped more and might land into $50k-$60k, but no worries as we are here to invest for long term that's why patience should be given high importance these days.

This is exactly the reason why weak hands should not dare to enter bitcoin investment. Otherwise, they will be battling with their emotions in market scenarios like this.

I believe the lowest it'll go (not right not but generally in the next few months to years) will be at approximately $60,000. The drop from $104,000 levels to $80,000 was rapid and personally, diminished any hope for an upcoming ATH. Bitcoin will eventually bounce back to $100,000, but I'm not sure when it'll happen. From how I see things, this is a temporary crash, but it declares the end of the bull market and our transition to bear market. Only time will tell.

[STT]

The bounce back to 100k could be a negative action is the reality to take alongside with the quite certain possibility that is always there in Bitcoin volatility.    Yes 100k happens but its not going to stick there easily without solid reasoning and people to hold what they buy.  
   100k is only the June low but with alot of that volume is now weight to wade through in order to make progress beyond the short term - we fell beneath the ice !



I said before something totally simple, BTC price will return to its 200 day average.  Thats a bulk of its momentum so right now we've achieved some negative in beginning a decline in that moving average but it still remains possible for Bitcoin to return back to 200DMA.
  Moving averages show a reasonable range past and future is my view; its elastic or its a kind of backstop check for the market that always seems to occur sooner or later.   200 day average is 105k so OP can see BTC back that high or it might just delay so long the average is lower by the time we recover in that way but higher is always possible.

[liuka]

Bitcoin is currently priced at $83k as of this writing, and to think how low it had dropped from $120k, but I'm still optimistic that bitcoin will reach $100k again gradually as recovery may not be that quick and easy to happen. In fact, I can sense that bitcoin may even dropped more and might land into $50k-$60k, but no worries as we are here to invest for long term that's why patience should be given high importance these days.

This is exactly the reason why weak hands should not dare to enter bitcoin investment. Otherwise, they will be battling with their emotions in market scenarios like this.

I believe the lowest it'll go (not right not but generally in the next few months to years) will be at approximately $60,000. The drop from $104,000 levels to $80,000 was rapid and personally, diminished any hope for an upcoming ATH. Bitcoin will eventually bounce back to $100,000, but I'm not sure when it'll happen. From how I see things, this is a temporary crash, but it declares the end of the bull market and our transition to bear market. Only time will tell.

The drop from $104,000 to $80,000 was a quick 2 weeks from the start of November so if the market continues to correct then the possibility of a drop is inevitable and the $60.000 range as a low is possible given the volatile market conditions.
Some speculations say $100,000 could recover but we don't know how accurate these speculations are? And time will tell.

[bigimann]

The next major event might be FOMC announcement. We will see whether there will be rate cut as of now people are predicting that there won't be any, could be the reason for the current dump and market pricing in earlier than the event taking place.

There are also job report as well. So the price kinda depends to these factors.

There is no certainty that the Feds will cut or maintain the current rate. Last month, speculations that there would be a cut were high but it has dropped drastically this month due to some reasons. Inflation seems not to have reduced, and the government lockdown has affected the economy. These days ETF inflows plays important role on how the market will turn out. If the Feds maintains interest, we might not see a high inflow that will shoot up Bitcoin price.   

Expectations for a Fed rate cut in December suddenly dropped to 45% after the October FOMC meeting minutes were released yesterday. Accordingly, the Fed is internally divided and most members believe that the Fed should not continue to cut interest rates in December and is not necessary. In particular, the Fed is divided and hesitant to cut interest rates because of a lack of data due to the government shutdown, not because inflation is not falling.

Therefore, we need to wait for this month's CPI and non-farm reports to be released. Only then will we know whether the Fed will cut interest rates or not.
Overall, there is still a chance the Fed will cut rates if November CPI is better than expected.

Also don't forget they are ending QT in December which is also positive news but it seems people don't remember. In my opinion, bitcoin still has a chance to recover to $100k.

Bitcoin’s reaction depends on upcoming economic data, not just predictions. Rate cuts, no cuts, or mixed signals all create uncertainty, and the market usually prices that in early. So short-term moves may stay unstable.

ETF inflows matter too. When they slow, Bitcoin loses one of its strongest supports. When they rise, price reacts quickly. Neither direction is guaranteed.

Because QT is ending and CPI is still unknown, both outcomes continued weakness or a recovery toward $100k remain possible. A balanced strategy is safer than assuming one direction.

[bounceback]

With the rate of $89000 worth for one Bitcoin to $90000, can it go back to how it was I really missed it that way a $100k for one Bitcoin I want to know what are the criteria for Bitcoin to rise back to how it was a $100k . Is it going to drop less than this or appreciate back to a $100k. What's holding it to rise back because I strongly believe it will definitely bounce back to $100k

Currently the price of bitcoin is in the area of ​​$ 84k and it seems that it will continue to experience corrections in the next few months, don't panic too much facing the decline that is happening because this is only temporary and make sure to hold on tightly to the bitcoin you have because when this correction is over then it is likely that bitcoin will return to the area of ​​$ 100k as you expect or even more than that, currently the Fed has raised interest rates so that it becomes an obstacle to the increase in the price of bitcoin not only bitcoin but other risky assets are also affected by the policies issued by the Fed, after all this is over it is likely that we will see an increase in the price of bitcoin again.

[m2017]

Currently the price of bitcoin is in the area of ​​$ 84k and it seems that it will continue to experience corrections in the next few months,

Well, we certainly shouldn't expect the market to revive and surge upwards tomorrow. The correction could be longer than we expect.

don't panic too much facing the decline that is happening because this is only temporary

Everything in this life is temporary.

The question is, how long will it take to restore previous levels? A month? A year? The next cycle? But not "tomorrow".

and make sure to hold on tightly to the bitcoin you have because when this correction is over then it is likely that bitcoin will return to the area of ​​$ 100k as you expect or even more than that,

I expect that bitcoin at the level of 100k and above will not remain for very long, because those who saw the current decline will expect a repeat of this scenario and will decide to be content with the profit from the sale at the level of 100k (and above).

currently the Fed has raised interest rates so that it becomes an obstacle to the increase in the price of bitcoin

Isn't it the prevalence of those selling bitcoin over those buying?

not only bitcoin but other risky assets are also affected by the policies issued by the Fed, after all this is over it is likely that we will see an increase in the price of bitcoin again.

The question is, when will this end?

[Tmoonz]

The question should be rephrased as when will bitcoin recover to $100k. Because we can almost be sure that bitcoin will hit $100k in the future, but will that happen in the near future or will it take many years?

In all fairness, no one can know for sure what is happening, whether we have entered a bear market or not. Therefore, in my opinion, instead of just expecting bitcoin to rise again with a faint hope, we should also have a contingency plan for the bear market. We should have a backup plan for every situation, to avoid confusion or panic if things don't go as expected.

Exactly, you have said nothing but the truth and anyone with hopes about the ups of Bitcoin in the near future will always take advantage and be prepared from the down this is very simple, a lot will procrastinate and panic ignoring the positive side of the current market conditions which is buying at a discounted price and when Bitcoin eventually breaks up again and even with a new all time high they will be like a shit of regrets and had I know will always come at last for most who had same opportunities as you but claims to be smarter in dumb kind of way, if we are into the bear market then so it after all seasons comes and go so we shouldn't be surprised. Bitcoin will recover with glories even though we don't for sure know how long is going to take.

[The Cryptovator]

The drop from $104,000 to $80,000 was a quick 2 weeks from the start of November so if the market continues to correct then the possibility of a drop is inevitable and the $60.000 range as a low is possible given the volatile market conditions.
Some speculations say $100,000 could recover but we don't know how accurate these speculations are? And time will tell.

If your prediction of $60K becomes true, then we will have a bear season. Then most probably we will see an alt season before Bitcoin pumps hard. In recent days Bitcoin dumped hard, and EFT outflow is constantly rising. I am assuming people are cashing out and wondering about moving some other investments, like alts or any other. Because a lot of people made a decent amount of money from Bitcoin ATH. The current dump isn't something positive after the ATH. The dump happened so quickly that it indicates more dumping.

I think this year we can't find a breaking ATH. And probably next year we will see a bear for Bitcoin, and some alts will fly. Hence, most probably Bitcoin investors are moving their funds into alts as well. Since Bitcoin broke ATH a couple of times recently, alts haven't moved upwards. So I assume Bitcoin would break ATH at the end of the next year. It could break $100K even this year but can't break the ATH at all.