Is today's down turn of BTC a signal for another pump towards 100k?

[mlawson71]

I am pretty sceptical it will reach 100k this year. Not after the drama in China.

[TomPluz]

I am pretty sceptical it will reach 100k this year. Not after the drama in China.

Based on the historical data available for Bitcoin, dreaming on it reaching at least $100,000 within this year is just a dream and may turn out to be a little nightmare for some people. Nah, that is already impossible and even if there can be another round of a bull run it will still be so hard to break that ceiling. There are now many factors in place that can prevent BTC to make that high jump.

[Proton]

Every crypto  "expert" got the charts wrong for the past 2 months. Want to know the truth? The charts don't mean shit right now. You're either holding through this downturn, selling hoping for a lower entry or waiting to buy in as a new buyer. Now it's time to buy, I think. New stage is closer.

[hugo_uzman]

pumping towards 100k is far from reality this year 50k is the ideal/conservative value to prevent bubbles and collapse.

[Freemind]

Bitcoin can hit $100,000 much sooner than we imagine. A few minutes ago I read a news in which big investors like Jeremy Grantham and Michael Burry are forecasting a big drop in the markets. It is possible that much of the capital that will soon begin to go out of the stock market will go to cryptocurrencies. If it were finally like this, we could see Bitcoin (and the rest of the market) skyrocket again. We will see what happens, and where all the money that comes out of the stock market goes.

[Jamal Aezaz]

Approx. 14500 BTC moved to Binance and this is  perfectly co-related with GBTC UNLOCK of 16K BTC FUND release. so now it is very likely that #BTC is going to plunge down to 23k to 25k/26k region within coming days, Our Swing Short position is intact and we are holding same with stoploss lower then entry and  if stoploss hit in any upside bounce then need to enter higher as per our previous practices of how to play signal specifically

[Master107]

pumping towards 100k is far from reality this year 50k is the ideal/conservative value to prevent bubbles and collapse.

Yeah, that's true. But we cannot underestimate what the people behind Bitcoin such as whale investors can do to pump it sky's the limit.

Btw, no one ever believed that Dogecoin can hit where it is today. In fact it has no good platform aside from meme token.

If Doge is great, Bitcoin is greater.