Is bitcoin going back to $100000?

[Yaunfitda]

There is every likelihood we could see Bitcoin at that price range because it has actually stayed low for few weeks or month if am not mistakenly. I know that when it gets back to the 100k zone you will see people who will be regretting for their nasty behavior because they didn't seize the opportunity that came to them at their door steps to invest or even at least try to implement and use the DCA approach to buy Bitcoin,  by now they could have ended up having lots of it at on their stash up portfolio.

That's always been the case, there will be investors, mostly newbies who don't take advantage when the price is low and then regrets their decision later, so it's a very expensive lessons to learn. While there are season and experience investors who might be thinking look term and just continue to buy at will specially if they have deep pockets and are here in the market for the bigger picture. So we will see if we still have that one leg up to push the price to $100k. So far we've able to come back to $90k'ish so that is good enough indication that we are still breathing in the bull run and that anything can go or we will have a break out run again to 6 digits. If that happens next month then we can say that the bear season might have to be delayed.

[DanWalker]

There is every likelihood we could see Bitcoin at that price range because it has actually stayed low for few weeks or month if am not mistakenly.

Bitcoin hit an ATH of $126k in mid-October and has been slowly declining since then. This means Bitcoin has only traded below $100k for the past 2-3 weeks, this downward trend hasn’t lasted as long as you think.

I know that when it gets back to the 100k zone you will see people who will be regretting for their nasty behavior because they didn't seize the opportunity that came to them at their door steps to invest or even at least try to implement and use the DCA approach to buy Bitcoin,  by now they could have ended up having lots of it at on their stash up portfolio.

Just like when bitcoin price dropped to $82k, there are many people who regret not selling bitcoin when the price went above $120k. Regret is a common and frequent phenomenon in financial markets, and it occurs in both bull and bear markets. And most of us have had such experiences, not just those who didn't buy when prices dropped in recent weeks.

[Lida93]

Different analysts with different indicators and different time frames equals different forecasts or predictions. Sometimes there is a point when the market is just unpredictable. Where movement on any direction is possible and right now, it's probably one of those times
I tend to avoid trading in such uncertain times.

I don't know, but this weekend feels like the price might drop back to the $80,000s on the shorter time frames.

This is one of such most difficult periods for cryptocurrency traders because the market direction is uncertain and with many contradictory analysis which also adds to the fear index in the market, the safe path right now is to withdraw from making frequent trading until we are certain of where price is heading. Price is in between strong resistance and support levels and only when there's a breakout in any case then we can have a good insight.

[Chibit01]

It is so difficult to tell where the price of Bitcoin is heading to but I wont be surprise if the price gets to $100k because the movement of the price have been increasing lately. Since the market is so difficult to predict this time,  i think people shouldn't have much expectation for increase because their are possibilities that bitcoin may still fall even if their have been increase in the price of Bitcoin lately.  This is a tine to think if long-term while investing in Bitcoin because so many analysts have their prediction.

And for the past few hours Bitcoin have not moved passed where it was before op created this thread yesterday it pull down from $92,000 which I once’s saw it down to $90,000 which it is currently, the market is struggling on where it will settle, if it could break above the $92,000 which we last saw and push up to $95,000 then I’m very much certain that the beginning of December is going to be a good one for bitcoin as reclaiming $100,000 from $95,000 will be an easy one.

[GigaBit]

It is so difficult to tell where the price of Bitcoin is heading to but I wont be surprise if the price gets to $100k because the movement of the price have been increasing lately. Since the market is so difficult to predict this time,  i think people shouldn't have much expectation for increase because their are possibilities that bitcoin may still fall even if their have been increase in the price of Bitcoin lately.  This is a tine to think if long-term while investing in Bitcoin because so many analysts have their prediction.

And for the past few hours Bitcoin have not moved passed where it was before op created this thread yesterday it pull down from $92,000 which I once’s saw it down to $90,000 which it is currently, the market is struggling on where it will settle, if it could break above the $92,000 which we last saw and push up to $95,000 then I’m very much certain that the beginning of December is going to be a good one for bitcoin as reclaiming $100,000 from $95,000 will be an easy one.

At this point, the sooner Bitcoin becomes bullish, the more investors' confidence will increase. Now, if the price of Bitcoin crosses $95,000 quickly, I think it will touch $100k again in a very short time. As soon as Bitcoin touches $100k, those who are investors in Bitcoin will try to increase their investment more. The price of Bitcoin will definitely continue to increase. Sometimes Bitcoin may fall, but if you do not consider this fall to be long-term, but rather increase your investment in Bitcoin, you will be profitable.

[JiiBs]

So funny as usual, analysts will never say the same thing. As some analysts are saying there could be a reversal, some analysts are saying bitcoin may still fall. This is not something new to me at all though.

It is so difficult to tell where the price of Bitcoin is heading to but I wont be surprise if the price gets to $100k because the movement of the price have been increasing lately. Since the market is so difficult to predict this time,

One of the most difficult thing about what price is and the charts is due to the fact that, we can’t conclusive tell if we are way into a bearish season or in the bulls. Certainly not the bulls as we are way down from the ATH but, we aren’t far down either and the market continues to be responsive towards the positive.

[Out of mind]

The monthly candle indicate otherwise but the daily candle is showing that $98700 is possible, or probably go higher than that. I think the candles are harder to read right now. It may look bullish but the bear sentiment may not yet be over.

So funny as usual, analysts will never say the same thing. As some analysts are saying there could be a reversal, some analysts are saying bitcoin may still fall. This is not something new to me at all though.

Although the market was bullish according to the monthly candle, it is really disappointing to see such a bearish market at the beginning of the month. Although the market moved somewhat bullish, there was a fear of a bearish market, so we have moved towards a decline again. No analyst can accurately observe which direction the market will move, but everyone assumes that the market will run in one direction or another. We can see that the market is currently dumping a lot, there is instability in the market, but we cannot say for sure when the market will reach a good position again. However, we should not lose hope, rather I think the market will become bullish again very soon.

[LogitechMouse]

So funny as usual, analysts will never say the same thing. As some analysts are saying there could be a reversal, some analysts are saying bitcoin may still fall. This is not something new to me at all though.

Different analysts with different indicators and different time frames equals different forecasts or predictions. Sometimes there is a point when the market is just unpredictable. Where movement on any direction is possible and right now, it's probably one of those times
I tend to avoid trading in such uncertain times.

I don't know, but this weekend feels like the price might drop back to the $80,000s on the shorter time frames.

Well, we're on the verge of touching it yet again, and this time, I believe that it will hold that price since it's only the 2nd time that it will touch that price (assuming that we will be seeing Bitcoin reaching that price).

I'm seeing an inversed head and shoulders pattern on the 4H time frame, and if that continued, that would be bullish for Bitcoin, but that huge red candle at the first hours of the month ruined everything. Those who are thinking that the rally will continue are now on the verge of panicking yet again. When I saw that candle, I just laughed and found myself why? Why did the market went down. It's the start of the week though so let's see how the market will perform for the whole week. I will not be surprised if Bitcoin for some reasons will touch $80,000 again, but I would be happy to see the market continue the rally that it had last week.

[SamReomo]

One of the most difficult thing about what price is and the charts is due to the fact that, we can’t conclusive tell if we are way into a bearish season or in the bulls. Certainly not the bulls as we are way down from the ATH but, we aren’t far down either and the market continues to be responsive towards the positive.

Well, from today's dip I can somehow say that the market is going more towards bears than bulls and thus I believe it's the slow start of this bear market and the market will continue to go down and become more bearish overtime. I don't think that we might see a new ATH any soon and that's why I'm going to speculate the market from now on and only invest when I find a good opportunity.

[MisFoxie]

The monthly candle indicate otherwise but the daily candle is showing that $98700 is possible, or probably go higher than that. I think the candles are harder to read right now. It may look bullish but the bear sentiment may not yet be over.

So funny as usual, analysts will never say the same thing. As some analysts are saying there could be a reversal, some analysts are saying bitcoin may still fall. This is not something new to me at all though.

I don't think BTC will goes back to 100k soon but will surpass that amount later for sure. Big investors are selling their fund for safer assets. Currently investors confidence in crypto is down If global interest rates, inflation and global instability stabilize I think their confidence will return again.

[Awaklara]

However, we should not lose hope, rather I think the market will become bullish again very soon.

There was a brief hope that Bitcoin could return to $100k soon. However, after reaching $90k, Bitcoin has now dropped back below $85k. For a while, we might see Bitcoin stay at the current price. But by the end of this month, Bitcoin could return to $90k if there is a strong push helping it to rise. Or, there could actually be a deeper downward movement.

[skarais]

The market is not showing optimism about $100k, so there are doubts about it. Negative sentiment tends to be more frequent than positive sentiment, this creates selling pressure which tends to make the price fall. Today the price of bitcoin dropped again to the $83k level, I don't know exactly why, but this is definitely a mess.

[WatChe]

And for the past few hours Bitcoin have not moved passed where it was before op created this thread yesterday it pull down from $92,000 which I once’s saw it down to $90,000 which it is currently, the market is struggling on where it will settle, if it could break above the $92,000 which we last saw and push up to $95,000 then I’m very much certain that the beginning of December is going to be a good one for bitcoin as reclaiming $100,000 from $95,000 will be an easy one.

The start of December was not good for Bitcoin as price has dropped down to 84k and it's still going on the down side. This is just first day of December and things will get clear as we go deep into this month. This month is know for Christmas and new year celebrations, that's why it's expected that Bitcoin price will slip down further this month. But seeing the volatility of Bitcoin, it's not confirm that price will only go down this month, it might hit 100k this month because Bitcoin is capable of doing everything.   

[PostQuantumBTC]

The market is not showing optimism about $100k, so there are doubts about it. Negative sentiment tends to be more frequent than positive sentiment, this creates selling pressure which tends to make the price fall. Today the price of bitcoin dropped again to the $83k level, I don't know exactly why, but this is definitely a mess.

Yes bitcoin is not going back $100000 for the time being but it can go there after some months but now, bitcoin price may fall more because the bear market is here now. The price is still hitting lower price, in few minutes ago, it went below $840000. But not only that, bitcoin is still going low again after it went slightly above $84000.

[Slot Kid]

Bitcoin has gone through big drops many times before & every time people said it was “dead,” it eventually came back stronger. The supply is limited, demand keeps growing & more big companies & investors are getting involved over time.

Short term price drops usually happen because of fear, news or market cycles not because Bitcoin suddenly stopped working. As inflation & money printing continue more people see Bitcoin as a long term store of value, which can push it to new highs again.

[ChocolateBitcoinK]

Bitcoin has gone through big drops many times before & every time people said it was “dead,” it eventually came back stronger. The supply is limited, demand keeps growing & more big companies & investors are getting involved over time.

Short term price drops usually happen because of fear, news or market cycles not because Bitcoin suddenly stopped working. As inflation & money printing continue more people see Bitcoin as a long term store of value, which can push it to new highs again.

That is why those who panic will be the ones who will fall behind. Big falls in Bitcoin's journey are nothing new, it has happened countless times and it has also come back. But those who made the wrong decision to walk away from it, only regretted it later. So the current time is not to panic, but to put yourself in a stronger position, to accumulate more now for future gains. Those who make the wrong decision to sell at this time may never return to this position later.

[logfiles]

Well, we're on the verge of touching it yet again, and this time, I believe that it will hold that price since it's only the 2nd time that it will touch that price (assuming that we will be seeing Bitcoin reaching that price).

I'm seeing an inversed head and shoulders pattern on the 4H time frame, and if that continued, that would be bullish for Bitcoin, but that huge red candle at the first hours of the month ruined everything. Those who are thinking that the rally will continue are now on the verge of panicking yet again. When I saw that candle, I just laughed and found myself why? Why did the market went down. It's the start of the week though so let's see how the market will perform for the whole week. I will not be surprised if Bitcoin for some reasons will touch $80,000 again, but I would be happy to see the market continue the rally that it had last week.

We are more likely to see more movement on Wednesday and Friday, If the price stays below the psychological resistance levels like $90K. I expect more pressure downwards. Most of the bears are already smiling from the beginning of the week.

The festive season window is closing in so fast, and I am afraid $125K might be the last all-time high we are seeing for a long time from now.

[STT]

Definitely doubts but its how they resolved that points us to the next direction real move, its just remaining weak at the moment.  Through time this period of doubt could be resolved but that would be a slower process.

Tom Lee says we will find 100k before year end which is typically confident of him.  Nothing right now indicates that exactly, only I would say its not too negative either.  Today moved BTC to the bottom of the price channel its kept for some weeks now, so weak but within boundaries and still improved on how it was acting prior.

[Rampagoe004]

Definitely doubts but its how they resolved that points us to the next direction real move, its just remaining weak at the moment.  Through time this period of doubt could be resolved but that would be a slower process.

Tom Lee says we will find 100k before year end which is typically confident of him.  Nothing right now indicates that exactly, only I would say its not too negative either.  Today moved BTC to the bottom of the price channel its kept for some weeks now, so weak but within boundaries and still improved on how it was acting prior.

After the highest of $112,778 in August until now the decline continues to occur and to reach the figure of $100k for the end of the year I think it could happen in the next few weeks, although some say the bearish market is over but anything can happen with the value of bitcoin, so in this case we who have capital then investing is the solution even though we have to wait for a long time but rest assured we will definitely feel the benefits, currently many are panicking so there is negative news so whatever happens patience is the main capital to get profits from the bitcoins we are currently saving.

[Minor Miner]

The start of December was not good for Bitcoin as price has dropped down to 84k and it's still going on the down side. This is just first day of December and things will get clear as we go deep into this month. This month is know for Christmas and new year celebrations, that's why it's expected that Bitcoin price will slip down further this month. But seeing the volatility of Bitcoin, it's not confirm that price will only go down this month, it might hit 100k this month because Bitcoin is capable of doing everything.    

The possibility of bitcoin recovering to $100k is still possible, but given the current gloomy market situation, we should not expect too much.

Furthermore, Bitcoin will return to $100k and continue the bullish trend, or will it continue to fall and confirm the bearish trend. This is beyond our control, so in my opinion, instead of predicting we should prepare for everything so that we don't panic if the market doesn't go as expected.

I'm still betting on bitcoin recovering above $100k, but also have plans for the opposite scenario. When nothing is certain, it is better to prepare than to predict and expect.