Bitcoin is heading to $98k

[MorganaX]

It seems i’ve said this many times before, we’ll never see Bitcoin reach $90k, let alone $100k.

Well, you never can not be too certain with this assertion because at the moment, there's been some developments that suggests that Bitcoin can move upwards beyond what the results of your analysis. I'm not tryna totally write off your submission, but when you consider the recent widespread institutional adoption, you'll agree with me that there's every possibility that unplanned events can happen and force a strong bullish trend that'll see Bitcoin reach 100k before Christmas.

I think am with pandorak on this, I also believe bitcoin is not reaching $98k anytime soon,. people get easily carried with speculation about the price spiking upwards whenever there is like a little price hike because of the previous movement and how fast it can climb the charts when it has started going bullish but the truth is, some of these are temporary short bull run that always gets corrected whenever there is occasional events that activate these pumps.

[knuckey]

I'm happy to hear that, if bitcoin can break through to $98k again, the next target towards a new ATH is getting closer, but unfortunately, a few weeks ago there was a massive buying, logically there will be a time when there will also be a massive selling, I'm not so sure about the current increase, I just hope that bitcoin will always be strong at $80k, that way the selling pressure won't happen suddenly, usually panic changes everything

[Jegileman]

I think am with pandorak on this, I also believe bitcoin is not reaching $98k anytime soon,. people get easily carried with speculation about the price spiking upwards whenever there is like a little price hike because of the previous movement and how fast it can climb the charts when it has started going bullish but the truth is, some of these are temporary short bull run that always gets corrected whenever there is occasional events that activate these pumps.

This is one of it, an occasional event that triggered this bullish momentum which changed the view of many people to think that the market will now change direction and go bullish fully. The market was on a downward trend for a while now after Bitcoin reaching its all time high and falling into the bear run. The bearish market still doesn’t look to be satisfied yet as many have also predicted for a whole year market downturn. The bitcoin market is unpredictable and we should stop allowing temporary movements to change our whole overview of the market sentiments, they don’t stay to affect the market for too long.

[Rengga Jati]

Hey, I just dropped the chart so that technical people will be happy seeing the chart. I have nothing to say about the chat because I'm not an expert of charts.

People will be always happy seeing the chart now because the chart looks good (rising pattern).
Anyway, I'm also not an expert but I think everyone can talk about chart. 

But I am sure that I recognise this pattern of bitcoin movement. From $77k to $81k and moving as fast, as if we are in the bull run. If my memory didn't fail me, this type of movement already happened and I recognise it.

If you are familiar with the pattern of Bitcoin price move, it means you quite understand with Bitcoin price chart. Yes, the current rising pattern looks a bit unusual. But it isn't surprising that Bitcoin price move can change at any time since it depends on varied factors. In which season do assume the unusual fast rising ever happened?

After this movement which looks like consolidation, bitcoin is moving to $98k and will not waist much time there until $100k.

How long do you think Bitcoin will reach $98k-$100k?
Sure, it is very possible that Bitcoin to reach that level after Bitcoin can maintain its rising move above $80k. However the question how long to reach the price level you mentioned above?

[Female King]

It seems i’ve said this many times before, we’ll never see Bitcoin reach $90k, let alone $100k.

Well, you never can not be too certain with this assertion because at the moment, there's been some developments that suggests that Bitcoin can move upwards beyond what the results of your analysis. I'm not tryna totally write off your submission, but when you consider the recent widespread institutional adoption, you'll agree with me that there's every possibility that unplanned events can happen and force a strong bullish trend that'll see Bitcoin reach 100k before Christmas.

I think am with pandorak on this, I also believe bitcoin is not reaching $98k anytime soon,. people get easily carried with speculation about the price spiking upwards whenever there is like a little price hike because of the previous movement and how fast it can climb the charts when it has started going bullish but the truth is, some of these are temporary short bull run that always gets corrected whenever there is occasional events that activate these pumps.

Bitcoin price is around $78k i don't see any much different with the speculated price and you are not also sure of it not getting to $98k soon, bitcoin price has been trending up ward for some weeks now which is a good thing and also what all investors what to see.
Bitcoin is a volatile asset so i don't think any occasion is making the price to pump, the price has been low for quite some time now so it's a good thing to see that the price of bitcoin is heading towards $100k maybe anytime soon we can see price approaching $100k and above.

[Pandu Geddon]

Bitcoin is a volatile asset so i don't think any occasion is making the price to pump, the price has been low for quite some time now so it's a good thing to see that the price of bitcoin is heading towards $100k maybe anytime soon we can see price approaching $100k and above.

The Bitcoin price movement trend is more to the upside right now, but I still doubt we will see $100k this month. I see people talking on social media about October, which is supposed to be good for this year. But let’s see what the market does next. The price movement may look slower now but there is still a possibility for the Bitcoin price to drop again.

[dwyane36]

Bitcoin price is around $78k i don't see any much different with the speculated price and you are not also sure of it not getting to $98k soon, bitcoin price has been trending up ward for some weeks now which is a good thing and also what all investors what to see.
Bitcoin is a volatile asset so i don't think any occasion is making the price to pump, the price has been low for quite some time now so it's a good thing to see that the price of bitcoin is heading towards $100k maybe anytime soon we can see price approaching $100k and above.

Before it can return to $90k, let alone $100k, the bulls first need to finally break through the strong resistance level in the $80-82k range. The fact that BTC has been trading within a narrow range around $80k for quite some time now is a positive sign, but at the same time, we still can’t rule out some dirty tricks from the bears. So those who have long positions should still stay on their toes.

[liasbaa]

The candles look strange, especially the last two, indicating a cyclical period of price decline, which means it won't be long before the bullish period begins. I remember how the market fell after October last year. There was no such large price decline at once. The price of Bitcoin fell steadily and very slowly, but it was likely and did not fall too much. When the price of Bitcoin touched $58k in June, many expressed concern that the price would probably fall further and there were predictions of $38k. But after that, the price is rising as it fell. Strangely, the price of Bitcoin is rising following the same pattern. Looking at the price chart you showed, the reflection of a cyclical rise is emerging.

[KingsDen]

How long do you think Bitcoin will reach $98k-$100k?
Sure, it is very possible that Bitcoin to reach that level after Bitcoin can maintain its rising move above $80k. However the question how long to reach the price level you mentioned above?

The matter of timing is where the prediction gets harder. I may not actually say the exact time but as I mentioned above, I am optimistic that bitcoin will touch the range of $90k from the current price than returning to the region of $60k. Hope you get...

Bitcoin is a volatile asset so i don't think any occasion is making the price to pump, the price has been low for quite some time now so it's a good thing to see that the price of bitcoin is heading towards $100k maybe anytime soon we can see price approaching $100k and above.

The Bitcoin price movement trend is more to the upside right now, but I still doubt we will see $100k this month. I see people talking on social media about October, which is supposed to be good for this year. But let’s see what the market does next. The price movement may look slower now but there is still a possibility for the Bitcoin price to drop again.

Uptober again?
I remember how excited I was last year October with the Uptober hype and in the end things didn't go as predicted. What ever drastic price movement I am expecting should happen this month as I am not personally confident of October.

[As-Soon-As]

Bitcoin has been in a very bullish position for almost the first week of September, and in the middle of it, we can see the price of Bitcoin moving in the same direction as in the past, currently touching $79k. The price of Bitcoin will continue to move higher in the next month, but I doubt whether it will touch $100k.
Because many people are speculating that the price of Bitcoin will be dumped in October, let's see how many dollars the price of Bitcoin can touch in October.

The Bitcoin price movement trend is more to the upside right now, but I still doubt we will see $100k this month. I see people talking on social media about October, which is supposed to be good for this year. But let’s see what the market does next. The price movement may look slower now but there is still a possibility for the Bitcoin price to drop again.

I think the Bitcoin price is more likely to correct in October, because after a sharp decline, there was an improvement at the end of August. And if the Bitcoin price is up and down throughout September, then there is a high possibility that the Bitcoin price will be lower in October. Because after the high, the Bitcoin price will definitely be higher and at the moment of this correction, many people will buy Bitcoin and create holdings.

[cxtreenal]

Bitcoin is a volatile asset so i don't think any occasion is making the price to pump, the price has been low for quite some time now so it's a good thing to see that the price of bitcoin is heading towards $100k maybe anytime soon we can see price approaching $100k and above.

The Bitcoin price movement trend is more to the upside right now, but I still doubt we will see $100k this month. I see people talking on social media about October, which is supposed to be good for this year. But let’s see what the market does next. The price movement may look slower now but there is still a possibility for the Bitcoin price to drop again.

I strongly believe that Bitcoin price may touch $90k soon but what will happen after that is beyond my ability to predict. Bitcoin price is currently showing a slight upward trend or sometimes increasing downward pressure. Sometimes we may have to wait a few more months to cross the predicted $100k price towards a stable position because whale investors will increase their buying of Bitcoin at lower prices and the market will have to fall to increase their buying. The period of price decline may not be long and it is likely that the opportunity to increase Bitcoin holdings while it is stable should be exploited.

[YOSHIE]

Any chart reader, is my claim supported by the chart?

If you speculate on crypto charts as a map to strengthen Bitcoin prices to the $98k level in the near future, I personally consider that Bitcoin chart speculation to be doubtful, for me the graph is a tool and is a visual map where the graph can function as a symbol for tracking price movements up or down, not a symbol of going to the highest level in the near future, the graph is only a guide to the transaction volume situation, the crypto market can change down and up at any time.

The purpose of crypto charts is basically just to measure for Bitcoin investors or users the dominance of buyers or sellers, The main trend direction can be considered a down market or an up market, where Bitcoin users can determine the right time to enter and exit the crypto market itself.

[cryptomaniac_xxx]

The candles look strange, especially the last two, indicating a cyclical period of price decline, which means it won't be long before the bullish period begins. I remember how the market fell after October last year. There was no such large price decline at once. The price of Bitcoin fell steadily and very slowly, but it was likely and did not fall too much. When the price of Bitcoin touched $58k in June, many expressed concern that the price would probably fall further and there were predictions of $38k. But after that, the price is rising as it fell. Strangely, the price of Bitcoin is rising following the same pattern. Looking at the price chart you showed, the reflection of a cyclical rise is emerging.

It might be because that could be the start of the bear market. So it's a slow and deliberate price decline. And there are thread that says September might be a curse month as base on history, we always fell during this month.

Nevertheless, we will have to wait and see, there could be good news in the next coming weeks like the US FED's rate hike. We might not see a increase and if that happens I'm seeing the price going back to $80k. But not sure if $98k is going to be breach as that is a huge task as we need more money to go inside the market. Besides the ETF, retail should be the one filling that huge gap.

[Finebone]

After this movement which looks like consolidation, bitcoin is moving to $98k and will not waist much time there until $100k.
You can disprove this with your chart and data. I have no much knowledge about chart but I can recognise pattern from experience, is that also a skill?

Any chart reader, is my claim supported by the chart?

According to your sentiment here, it obvious that you are just speculating base on assumptions, because since it happens the previous time, it is going to happen again this time, that is bullshit, because the market do not give a fuck what you think, it will react to people's actions regardless of how the chart patterns is.

This Bitcoin price chart is the monthly timeframe pattern, and with the few analysis I have done so far, the market is obviously heading to the $93,800k resistance level if it can break the $82k resistance, which I believe is possible, due to the bullish way the September candle stick closes, but since the market is unpredictable most times, cannot be that certain on anything in the market, until it has taken place.

[yudi09]

Any chart reader, is my claim supported by the chart?

I’m skeptical of speculation that relies on chart-reading skills to predict prices.
Let’s say the price could reach $98,000 in the next 21 days based on the number of days remaining in September, but even chart experts are struggling to figure out what pattern will emerge.
If I were to say your claim is wrong and still likely unfounded, I myself don’t have the expertise to do so.

[Doan9269]

We can't accept the fact that we are heading towards $98,000 this season, except that there is going to be a fake-out.

Bitcoin can be bullish or bearish at any time, depending on the way the market presents its performance. Whenever we are speculating, we should be more focused on the market season and how it is going to influence the performance at a particular given time based on its demand and supply.

[Oshio-man]

Not all the holders waiting for this 98k to happen before they can sell their bitcoin but some are waiting to see how the next season will look like before they will take a decision to purchase bitcoin, to me, even though the price increase above $100k I don't think I will be move fast to start releasing my bitcoin because I know this is not the price of my choice and I will wait until I begin to see double income from the market before I can move to sell all my coins.

[The Cryptovator]

After this movement which looks like consolidation, bitcoin is moving to $98k and will not waist much time there until $100k.
You can disprove this with your chart and data. I have no much knowledge about chart but I can recognise pattern from experience, is that also a skill?

Any chart reader, is my claim supported by the chart?

Trust me, I don’t trust any kind of pattern so far. When opening Telegram signal channels, each of them provides a different chart pattern. They compare the chart in various ways to prove them right, but they very rarely match with Bitcoin movement. Someone showing a bull chart and someone showing a bear chart. It’s impossible to trust them all, and these charts make us confused at the end of the day.

For me, rather than reading the chart, I follow the flow of investment. The chart itself is nothing but investment inflow and outflows that decide the chart movement. I saw a chart marked with a bearish pattern, but sometimes Bitcoin moves upwards. I just understand I have to accumulate when dumping Bitcoin and take advantage of the volatility.

[LogitechMouse]

---
Any chart reader, is my claim supported by the chart?

Chart patterns could give you an idea on what could happen in the future, but let's not forget that there are some other factors as well that could affect the price movement of Bitcoin. Patterns alone isn't enough to tell that X will go to X price and the like.

Like you, I've also seen Bitcoin moved too fast, but a few weeks after that, it entered a correction phase and many lost their money. Of course, this isn't the case all the time but you know what I mean. Bitcoin to $98,000? I would love to see it happen, but right now I don't see it happening. We are still in a bear market so my sentiment is still bearish up until the month of October. I'm not an expert in chart reading, but on the 1D timeframe, you will see that there's a resistance up around the $83,000, and it's near the peak of this pump that we've seen. Right now, we are consolidating already, and correction COULD happen in a few days. Just my prediction.