Bitcoin is heading to $98k

[Olatundespo]

90k was my recent guess for an upside target and we're about there.   The place to watch now for point of strength is a higher low above 83k.  If BTC price action can do that fairly strongly and surely then it'll there after reach higher targets  seems quite fair.
  Its also possible for a larger amount of profit taking to occur at this point as BTC has moved quite alot in a short period of time.

My guess was that Bitcoin would hit a high of $95k. I think the market will reverse course even though most investors are expecting more. After that, the price could fall again. But with the potential for a price increase, there is a possibility of touching the ATH this year. There are many arguments for reaching higher levels, but during a long period of almost 1 year of price decline, there will be selling pressure from thirsty traders. As a result, I fear another decline after $95k.

[fredericktaylor]

Very possible that the market rises towards $98,000 and we may go even lesser to this rate depending on the way we see the market, but since we are still in the bearish season, all this me just be a short time experience over the market because after every rise comes another full to maintain the season until we are completely out of the bear for the bull.

The price of Bitcoin is volatile, so it is not possible to be sure about the growth of Bitcoin. However, at the speed at which the price of Bitcoin is increasing and if this process remains stable, there is no doubt that we will touch $98,000k to $100,000k in a very short time. Always be prepared for both bad and good situations so that we do not get disappointed if the price of Bitcoin goes down and we can maintain our confidence in Bitcoin. The growth of Bitcoin's price is completely due to the continuous buying activity of investors over a long period of time, so the buying mentality of investors is very important here.

[Hazink]

90k was my recent guess for an upside target and we're about there.   The place to watch now for point of strength is a higher low above 83k.  If BTC price action can do that fairly strongly and surely then it'll there after reach higher targets  seems quite fair.
  Its also possible for a larger amount of profit taking to occur at this point as BTC has moved quite alot in a short period of time.

I wasn't expecting bitcoin to reach the $90k level anytime soon, but the recent movement in the past 2hrs has shaken my low expectations. Since it has reached $87k already, there is nothing stopping it from going $3k higher, but what will slow down the movement will be the profit taking which you talked about as there are few investors which have set their short price since the beginning for the recent move to be around $90k

[dwyane36]

I wasn't expecting bitcoin to reach the $90k level anytime soon, but the recent movement in the past 2hrs has shaken my low expectations. Since it has reached $87k already, there is nothing stopping it from going $3k higher, but what will slow down the movement will be the profit taking which you talked about as there are few investors which have set their short price since the beginning for the recent move to be around $90k

Yes, we're very close to $90k. However, I don't think that once BTC reaches this level, it will linger there for long, as it did around $80k. Personally, I expect $90k to be a level that BTC can break through, after which it could surge toward $100k, where it will likely face strong resistance.

[Taskford]

I wasn't expecting bitcoin to reach the $90k level anytime soon, but the recent movement in the past 2hrs has shaken my low expectations. Since it has reached $87k already, there is nothing stopping it from going $3k higher, but what will slow down the movement will be the profit taking which you talked about as there are few investors which have set their short price since the beginning for the recent move to be around $90k

Yes, we're very close to $90k. However, I don't think that once BTC reaches this level, it will linger there for long, as it did around $80k. Personally, I expect $90k to be a level that BTC can break through, after which it could surge toward $100k, where it will likely face strong resistance.

Chances is high that it won't stay that long in that price, since once Bitcoin could reach at $90k. It can possibly ignite huge interest for lots of people to buy more Bitcoin and maybe that triggers for possible more pumps, until it hits at $100k again.

Many people expect that situation to happen. Then its really good situation, because that sentiments is good indicator that maybe we could experience long bullish market days.

So I guess what we can do for now is to spectate and see if Bitcoin would really cross break those barrier until it hits new highs.

[cxtreenal]

I wasn't expecting bitcoin to reach the $90k level anytime soon, but the recent movement in the past 2hrs has shaken my low expectations. Since it has reached $87k already, there is nothing stopping it from going $3k higher, but what will slow down the movement will be the profit taking which you talked about as there are few investors which have set their short price since the beginning for the recent move to be around $90k

Yes, we're very close to $90k. However, I don't think that once BTC reaches this level, it will linger there for long, as it did around $80k. Personally, I expect $90k to be a level that BTC can break through, after which it could surge toward $100k, where it will likely face strong resistance.

Chances is high that it won't stay that long in that price, since once Bitcoin could reach at $90k. It can possibly ignite huge interest for lots of people to buy more Bitcoin and maybe that triggers for possible more pumps, until it hits at $100k again.

Many people expect that situation to happen. Then its really good situation, because that sentiments is good indicator that maybe we could experience long bullish market days.

So I guess what we can do for now is to spectate and see if Bitcoin would really cross break those barrier until it hits new highs.

It is important to keep DCA active while monitoring the market. You should focus on making your Bitcoin portfolio as healthy as possible without getting too stressed about where the price will go. The level the price is currently going through will likely see another new high next week. There will be a plan to leave among traders but I see the opposite sentiment among long term investors.

With the strong possibility of reaching another new high next month, it will be a strong decision for investors to continue buying. We saw the ATH touched in October last year, so don't be surprised if it sees another new high this year.

[GeorgeJohn]

<..>

Yes, we're very close to $90k. However, I don't think that once BTC reaches this level, it will linger there for long, as it did around $80k. Personally, I expect $90k to be a level that BTC can break through, after which it could surge toward $100k, where it will likely face strong resistance.

Bitcoin price is unpredictable, the price increases and decreases unexpectedly, i know that almost everyone were expecting the price of Bitcoin to hits 90k, but just of sudden instead of it to increase it rather decreases at today's market price...the price has dropped from 87k to 85k..And

[9ja Amaka]

90k was my recent guess for an upside target and we're about there.   The place to watch now for point of strength is a higher low above 83k.  If BTC price action can do that fairly strongly and surely then it'll there after reach higher targets  seems quite fair.
  Its also possible for a larger amount of profit taking to occur at this point as BTC has moved quite alot in a short period of time.

My guess was that Bitcoin would hit a high of $95k. I think the market will reverse course even though most investors are expecting more. After that, the price could fall again. But with the potential for a price increase, there is a possibility of touching the ATH this year. There are many arguments for reaching higher levels, but during a long period of almost 1 year of price decline, there will be selling pressure from thirsty traders. As a result, I fear another decline after $95k.

We are very close to what you guessed. Apparently, that is the closest guess from this week's prediction. The argument persists as Bitcoin has taken a pause, but as of yesterday, we had a gain in price. One thing is certain about Bitcoin's price movement. With all belief, we will reach $100k before the year-end. No reasonable person would argue that, based on the current price at $85k. The thing I don't know is if we will reach the previous ATH. Personally, this year, I don't think we will touch the previous ATH.

[Leahized]

The price of Bitcoin is volatile, so it is not possible to be sure about the growth of Bitcoin. However, at the speed at which the price of Bitcoin is increasing and if this process remains stable, there is no doubt that we will touch $98,000k to $100,000k in a very short time. Always be prepared for both bad and good situations so that we do not get disappointed if the price of Bitcoin goes down and we can maintain our confidence in Bitcoin. The growth of Bitcoin's price is completely due to the continuous buying activity of investors over a long period of time, so the buying mentality of investors is very important here.

According to today price, bitcoin is positioned at the level of 86 thousand. But at the current time, there hasn't been any excitement or thrilling news that has allowed it to was reach from 76k to 87 thousand. However, there were several reasons for the downward or war like flow, but bitcoin has completely ignored this. And these aspects are consequential for bitcoin, as very bad effects are not being influenced. But I have some disagreement because reaching 100k requires a lot more liquidity. At the same time, I do not see any positive aspects.

However, I am sure that some stability at this time will bullish affect the long term. But the result of stability will reveal the emergence of sellers. For this reason, there may be some downward movement in the market. Anyway, since it is not possible to guarantee anything very accurately about the future, the market situation can change at any time.

[MarryWithBTC]

The price of Bitcoin is volatile, so it is not possible to be sure about the growth of Bitcoin. However, at the speed at which the price of Bitcoin is increasing and if this process remains stable, there is no doubt that we will touch $98,000k to $100,000k in a very short time. Always be prepared for both bad and good situations so that we do not get disappointed if the price of Bitcoin goes down and we can maintain our confidence in Bitcoin. The growth of Bitcoin's price is completely due to the continuous buying activity of investors over a long period of time, so the buying mentality of investors is very important here.

According to today price, bitcoin is positioned at the level of 86 thousand. But at the current time, there hasn't been any excitement or thrilling news that has allowed it to was reach from 76k to 87 thousand. However, there were several reasons for the downward or war like flow, but bitcoin has completely ignored this. And these aspects are consequential for bitcoin, as very bad effects are not being influenced. But I have some disagreement because reaching 100k requires a lot more liquidity. At the same time, I do not see any positive aspects.

However, I am sure that some stability at this time will bullish affect the long term. But the result of stability will reveal the emergence of sellers. For this reason, there may be some downward movement in the market. Anyway, since it is not possible to guarantee anything very accurately about the future, the market situation can change at any time.

@fredericktaylor, talking about preparing for the bad. I don't think there's any bad to prepare for. We have actually tested $58k from $126k, I think that's bad enough we have seen. The worse will be correction to $60k level which I still not bad in the current market condition.

Meanwhile as @Leahized noted, this bitcoin positive drive happened amidst bad news, which means bitcoin has successfully ignored them all. So, we should be expecting the good going forward and not the worse.

[Bitcoin_people]

90k was my recent guess for an upside target and we're about there.   The place to watch now for point of strength is a higher low above 83k.  If BTC price action can do that fairly strongly and surely then it'll there after reach higher targets  seems quite fair.
  Its also possible for a larger amount of profit taking to occur at this point as BTC has moved quite alot in a short period of time.

I wasn't expecting bitcoin to reach the $90k level anytime soon, but the recent movement in the past 2hrs has shaken my low expectations. Since it has reached $87k already, there is nothing stopping it from going $3k higher, but what will slow down the movement will be the profit taking which you talked about as there are few investors which have set their short price since the beginning for the recent move to be around $90k

No one expected the Bitcoin market to change its price so quickly today, today the Bitcoin market had a green candle. Although currently we can see that the market has moved towards a slight downturn again, the price of Bitcoin is currently between $87k and $84k. Although we expected that seeing such a great change in the market, it might touch $90k, but the market has slowly seen red candles again. There are many who planned to sell at $90k after seeing such a performance of the market, but now the market has come down a bit on its own. However, we expect the market to rise again and may touch $90k by the end of this September. However, we can expect that since the Bitcoin market has already moved towards a slight downturn, it will not remain for too long, but rather the market will move towards highs again.