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

[Master107]

How much bitcoin do you have if I may ask?

Haha... Maybe state secret for OP.

@azmirihaque
We will be there in due time. For now one step at a time as we both know how Bitcoin behave.

[dekafee79]

Everyone is waiting for the price of Bitcoin to reach $100k, some even predict it will happen at the end of this year, I hope. But lately Bitcoin price has fallen after several attacks from bad news from China and America, plus Elon Musk's negative tweets. However, I am optimistic that the Bitcoin price will recover, and be profitable for all traders and investors.

Yes, bitcoin has been againsted by negative news at several countries. I think It seems bitcoin so difficult to reach 100K USD at this year.
But I still believe bitcoin will reach 60K USD again at this year.

[zilzylian]

It is not impossible to reach $100k for BTC within next few years. If we see the journey of reaching 64k of BTC, we will see that it has gradually walked towards upward. The way was not straight line but it touches every up stair  through ups and down. So I think, todays down turn of BTC is the signal to touch another up stair very soon.

You are always welcomed to share your opinion.

Currently BTC is trading below $35k and I think hitting the $100k price level requires some basic reasons like Halving Bitcoin and some companies accepting Bitcoin as payment, but in reality, Bitcoin price is currently sideway and if Bitcoin can rise to $42k price it looks like a bull market will start again and that's where you can expect the price to reach $64k again and a new ATH

[UNIVERSE]

It is too early to say the signal of Bitcoin back to get that high price rate. So far, Bitcoin still has many FUD and also bad news to be faced. We also know that there are still some countries that ban Bitcoin. And so far, the price is still under $36k. So, never really hope too much on the price for this month

[Freemind]

I think getting to $100,000 is something that will be done more or less gradually. From the current values ​​I think it is really difficult to achieve it, but if, for example, we were to approach the last ATH again, that difficulty would be much less. But we still have to wait for those things to happen, the capitalization is now low and many investors continue to withdraw profits.

[Cryptoz]

It can be the sign of another pump or the beginning of the bearish season. Unfortunately, no one really knows it. We even don't know if Bitcoin price really can reach $100k this year. So, I think it is difficult to state a clear answer to the question. In my opinion, the current market trend is difficult to predict, very unstable and unpredictable.

[lepbagong]

It can be the sign of another pump or the beginning of the bearish season. Unfortunately, no one really knows it. We even don't know if Bitcoin price really can reach $100k this year. So, I think it is difficult to state a clear answer to the question. In my opinion, the current market trend is difficult to predict, very unstable and unpredictable.

some time after the big bitcoin correction, the situation was unpredictable and difficult to predict precisely because everything was in the red. bitcoin itself also cannot move freely and seems quite stable at the current price for a while.

good news has begun to be heard to cover up the bad news that has indeed made bitcoin corrected, but the good news has not been able to quickly lift bitcoin because it needs stages. but let the good news keep coming all the time so bitcoin can get a shot to set the momentum up again.

there is always time for improvement because the end of the year is the final destination of the bitcoin ATH to be formed, we will see bitcoin move in Q3 until the end of this year. hopefully $100K can be met or maybe more, we are waiting for the moment.

[Senin]

More than a month has passed since the date of writing this topic, however, we see that after the last general drop in market, practically nothing has changed. Prices remain practically the same. Talk about a recovery and further price increases remain just talk and good wishes. However, it should be noted that over the past more than six months, bitcoin and other cryptocurrencies have grown tremendously in price terms. However, it seems to me that the higher the price of bitcoin rises, the more difficult it will be for him to do this. Therefore, it will be very difficult for him to reach a price of one hundred thousand dollars. This can take many years.

[Phython]

Is today's BTC down turn signal to another pump towards 100k? We have all seen the price of Bitcoin start to fall very low. But we all said that the price of Bitcoin will pump up a lot. But now we see the opposite. We do not know what happened here.

[Afony]

Anything can happen, you will need to look at how much investors will be willing to invest at this price and its growth will depend on it. We will wait for bitcoin to grow in 100k, which should happen.

[Ghozrd]

Bitcoin price may go up to $100k, but it takes a lot of time and some new investors are willing to buy more BTC, we know how many Bitcoins are circulating in the crypto market, there are a lot of whales and we can track them on the blockchain, the owners of Bitcoins in numbers big will not trade just like that, they are also waiting and i think want to see BTC price over $100k

[Anonylz]

It is not impossible to reach $100k for BTC within next few years. If we see the journey of reaching 64k of BTC, we will see that it has gradually walked towards upward. The way was not straight line but it touches every up stair  through ups and down. So I think, todays down turn of BTC is the signal to touch another up stair very soon.

You are always welcomed to share your opinion.

True that. I believe that every downtrend in Bitcoin price is a necessary readjustment for the market to grow some more even if that is not within the immediate months or even years. We have seen this time and again, Bitcoin fell from 19k+ back in 2017/18 to $3k+ and took about four years for it to get back to a new ATH of $60k+ and now we are experiencing a downtrend in the market price again and could possibly take another number of years or not, but one thing in clears if you have been in the market for long, Bitcoins price will always recover to a new ATH.

[shadowdio]

Well I also believe that bitcoin will touch 100k in the next few years and who knows it will be over 100k if the market hits bullish again, bitcoin increase with no limit so this time it''s good to invest now.

[gotbounty]

Well I also believe that bitcoin will touch 100k in the next few years

It is possible but we don't know when it. I am not sure how long Bitcoin can reach $100k, it is not an easy price to reach. In my view, Bitcoin probably sideways, so the price is hard to increase again. In the next few years, it will be the bearish season or a sideways phase. In this situation, the Bitcoin price won't move very significantly.

[Suma Islam]

Today's BTC's down turn is the signal of another pump towards 100k. I know everyone has no ability to think about the future of the market. Because this market does not run under anyone. The prices of market currencies are determined based on the buying and selling of market coins. All these signals are not very important.