Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: TomPluz on December 03, 2024, 05:37:23 AM
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Michael Saylor is planning to hold a $100K party come New Year's eve (https://www.cryptoglobe.com/latest/2024/11/michael-saylor-im-already-planning-the-100k-bitcoin-party-for-new-years-eve-at-my-house/) in case Bitcoin will be able to make beyond the psychological barrier of $100K which as of now stands at the $96K zone which is just less than $3K away from the prized goal.
Since December is considered to be a low month for the cryptocurrency industry, there seems to be a big chance that Bitcoin will miss this opportunity to go beyond that level and that we might have to wait until 2025.
I am just wondering what are the most obvious factors why Bitcoin failed to clobbered the $100K prize and what it can take for it to finally succeed soon?
NOTE: Bitcoin just made it to the $100K land as of 12/05/2024 another historic event for all of us!
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Michael Saylor is planning to hold a $100K party come New Year's eve (https://www.cryptoglobe.com/latest/2024/11/michael-saylor-im-already-planning-the-100k-bitcoin-party-for-new-years-eve-at-my-house/) in case Bitcoin will be able to make beyond the psychological barrier of $100K which as of now stands at the $96K zone which is just less than $3K away from the prized goal.
it will be a fun party for sure even if bitcoin does not reach $100k yet since you will be spending time and welcoming the new year with like minded individuals of course it would be more fun if bitcoin reaches $100k and those who are in the party can celebrate it altogether i am sure that either way this party will be fruitful for all that will come to it
I am just wondering what are the most obvious factors why Bitcoin failed to clobbered the $100K prize and what it can take for it to finally succeed soon?
all we can do is guess at this point and my guess is that people are trying to sell their holdings to avoid the risk of not being able to sell out during a high price because if bitcoin reaches $100k but you do not end up selling at the right time you might regret it so they are trying to advance it now
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Doesn't that sound like a signal to his friends to sell at $100k?
Its not going to be surprising to see his friends even selling before the price touches the 100k mark. He's going to dump to cover the cost for this party, I could be wrong but to me this sounds like his intention.
But yes 100k milestone party would be fun. He should invite the guys like Buffet and Shciff.
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I am just wondering what are the most obvious factors why Bitcoin failed to clobbered the $100K prize and what it can take for it to finally succeed soon?
More investors are not jumping in for now. But all it takes is time. With time, there would be more investors and also people will add to their investment as well which will push bitcoin above $100000. But the bears will first struggle with the bulls at $100000.
Doesn't that sound like a signal to his friends to sell at $100k?
Not at all.
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Michael Saylor is planning to hold a $100K party come New Year's eve (https://www.cryptoglobe.com/latest/2024/11/michael-saylor-im-already-planning-the-100k-bitcoin-party-for-new-years-eve-at-my-house/) in case Bitcoin will be able to make beyond the psychological barrier of $100K which as of now stands at the $96K zone which is just less than $3K away from the prized goal.
Since December is considered to be a low month for the cryptocurrency industry, there seems to be a big chance that Bitcoin will miss this opportunity to go beyond that level and that we might have to wait until 2025.
I am just wondering what are the most obvious factors why Bitcoin failed to clobbered the $100K prize and what it can take for it to finally succeed soon?
100K USD is a significant psychological target for investors, but honestly, I don't expect it to arrive too soon. The best scenario for me is for the BTC price to continue to be held within the 90K-100K USD range. This would drive funds into altcoins and we would have an altseason with double-digit percentage gains per day, similar to what we are seeing on the price charts of XRP, XLM, HBAR, and ADA.
Of course, if BTC can break 100K USD in December, I wouldn't refuse the opportunity to take partial profits on the BTC I'm holding. That's my plan for this season and I will stick to it to protect my capital and investment mindset.
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As of the moment there is no confirmation of Bitcoin's price going up because it still going down right now maybe in the coming days, weeks or months we will see a clear sign of it but we still have few weeks before Trump's official take over so maybe if that happen we might see Bitcoin hitting $100k or more.
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As of the moment there is no confirmation of Bitcoin's price going up because it still going down right now maybe in the coming days, weeks or months we will see a clear sign of it but we still have few weeks before Trump's official take over so maybe if that happen we might see Bitcoin hitting $100k or more.
It can be seen that the price is still held until it does not break through $100k, but some FUD also appeared and caused Bitcoin to fall, namely FUD from Korea. Who is in an emergency and are selling some of their digital assets.
Our goal is the same, which is that Bitcoin can cross $100k and even higher, but it takes a process and of course who survives they will win.
Now we are also waiting for Altseason to arrive and become a moment that is highly anticipated by all altcoin holders, and of course I also have some altcoins that I hold.
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As of the moment there is no confirmation of Bitcoin's price going up because it still going down right now maybe in the coming days, weeks or months we will see a clear sign of it but we still have few weeks before Trump's official take over so maybe if that happen we might see Bitcoin hitting $100k or more.
It can be seen that the price is still held until it does not break through $100k, but some FUD also appeared and caused Bitcoin to fall, namely FUD from Korea. Who is in an emergency and are selling some of their digital assets.
Our goal is the same, which is that Bitcoin can cross $100k and even higher, but it takes a process and of course who survives they will win.
Now we are also waiting for Altseason to arrive and become a moment that is highly anticipated by all altcoin holders, and of course I also have some altcoins that I hold.
yeah the martial law in South Korea seem chaotic i'm not sure if the people will keep holding their BTC when things like this happens in a country. the sitting party in the country thinks they are losing against the NoKor influence so they declare emergency.
anyway, $100k party will be fun. but with the geopolitical chaos these days i'm having doubts if this $100k will be achieved and the altcoins signaling its season too which means BTC dominance may just slow down/.
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I do not think it will reach $100k, but Bitcoin ETF inflows are still positive and rising. The only problem is that the price can not pump; it is gradually declining and touching back to the $93k level.
However, it is still forming a bullish flag, so this is not final. We may see another retest at the $99k level next week. On December 15, I am confident that people will invest their 13th month's pay in BTC.
We may see some good news around that time that will push the BTC price higher and break the $99k level, but if we continue to see FUDs, this could be the start of a bearish season.
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Michael Saylor is planning to hold a $100K party come New Year's eve (https://www.cryptoglobe.com/latest/2024/11/michael-saylor-im-already-planning-the-100k-bitcoin-party-for-new-years-eve-at-my-house/) in case Bitcoin will be able to make beyond the psychological barrier of $100K which as of now stands at the $96K zone which is just less than $3K away from the prized goal.
Since December is considered to be a low month for the cryptocurrency industry, there seems to be a big chance that Bitcoin will miss this opportunity to go beyond that level and that we might have to wait until 2025.
I am just wondering what are the most obvious factors why Bitcoin failed to clobbered the $100K prize and what it can take for it to finally succeed soon?
The manipulation was on peak here, I mean the target has been made a big thing like a celebrity which won't happen because everyone is expecting it. But from another POV I think BTC should be considered as it already crossed $100k target. The difference of less then $2k is not that much so we must take it as BTC has touched $100k.
The second reason can be the selling pressure was too high that every investor in when first realize the BTC price is that high they start selling as we all know most of them have their big resistance of $100k but they all keep the resistance few thousands dollars below I am talking about big money players like banks, instituions etc.
They dumped the price at $98k and when it touched $91k and then it now again touched $98k but this time those investors booked who did not booked the first time.
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Michael Saylor is planning to hold a $100K party come New Year's eve (https://www.cryptoglobe.com/latest/2024/11/michael-saylor-im-already-planning-the-100k-bitcoin-party-for-new-years-eve-at-my-house/) in case Bitcoin will be able to make beyond the psychological barrier of $100K which as of now stands at the $96K zone which is just less than $3K away from the prized goal.
Since December is considered to be a low month for the cryptocurrency industry, there seems to be a big chance that Bitcoin will miss this opportunity to go beyond that level and that we might have to wait until 2025.
I am just wondering what are the most obvious factors why Bitcoin failed to clobbered the $100K prize and what it can take for it to finally succeed soon?
Closing a market at a rounded figure is what have been a little challenge for some of us investing in bitcoin and waiting to see it crossed to a particular figure, just as we already have it with the bitcoin market price now, only just a little that is remained to make it crossed to $100,000 and yet we are not arriving there, though this is what we should see come to reality anytime sooner or later.
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It can be seen that the price is still held until it does not break through $100k, but some FUD also appeared and caused Bitcoin to fall, namely FUD from Korea. Who is in an emergency and are selling some of their digital assets.
What FUDs? Do you have the links of the FUDs?
So far, the correction on Bitcoin price looks normal. As long as it doesn't drop to $80k again, I think it won't be so difficult to cross $100k. But we must always understand that there is no guarantee for Bitcoin price to reach a certain price.
Our goal is the same, which is that Bitcoin can cross $100k and even higher, but it takes a process and of course who survives they will win.
Of course, everyone expects Bitcoin reaching $100k as quick as possible. However, we don't know when Bitcoin really reaches $100k. There is no way to know this, we only can analyze and predict it. But logically, it shouldn't be a very long time to wait for $100k because it is actually quite close to $100k.
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I do not think it will reach $100k, but Bitcoin ETF inflows are still positive and risingn. The only problem is that the price can not pump; it is gradually declining and touching back to the $93k level.
However, it is still forming a bullish flag, so this is not final. We may see another retest at the $99k level next week. On December 15, I am confident that people will invest their 13th month's pay in BTC.
We may see some good news around that time that will push the BTC price higher and break the $99k level, but if we continue to see FUDs, this could be the start of a bearish season.
I am also thinking we have to wait more time to see Bitcoin price touch $100k. I think within short time correction for Bitcoin price. But we are seeing Bitcoin price stable above $90k.
Now Bitcoin price near about $95k. Bitcoin ETF inflows are still positive and rising it is also positive. I think if all were ok we will see $100k Bitcoin price within short time. But if Bitcoin correction happen we will not be surprised.
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I am just wondering what are the most obvious factors why Bitcoin failed to clobbered the $100K prize and what it can take for it to finally succeed soon?
Profits obviously, as there could be some who are waiting for that $100k, but close enough when we had $99,500. So they sold and enjoy the fruits of their holding for many months or even years.
To be able to get over though, there could still be one big news that will push the investors to pour in more money. Or even average joe investors to FOMO. Maybe days leading to Trump before officially sworn in the office, we could see investors being bullish again and finally we get over that 6 digits. So it could be the last week of December and it will coincide with New Year's party celebration.
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I am also thinking we have to wait more time to see Bitcoin price touch $100k. I think within short time correction for Bitcoin price. But we are seeing Bitcoin price stable above $90k.
Now Bitcoin price near about $95k. Bitcoin ETF inflows are still positive and rising it is also positive. I think if all were ok we will see $100k Bitcoin price within short time. But if Bitcoin correction happen we will not be surprised.
Few days later have many important announcement and looking forward how possibility for bitcoin hitting $100k or get drop awhile due bad news from South Korea and Upbit exchange bitcoin price almost drop under $70k last night. I think many aspect have to check firstly before predicting with bitcoin price easily or not hitting to $100k.
I don't know what happen with South Korea but bitcoin get flash dump last night and some altcoin drop drastically, although success get faster recovery but its bad moment to see will bitcoin easily hit $100k or not around several days later.
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Michael Saylor is planning to hold a $100K party come New Year's eve (https://www.cryptoglobe.com/latest/2024/11/michael-saylor-im-already-planning-the-100k-bitcoin-party-for-new-years-eve-at-my-house/) in case Bitcoin will be able to make beyond the psychological barrier of $100K which as of now stands at the $96K zone which is just less than $3K away from the prized goal.
Since December is considered to be a low month for the cryptocurrency industry, there seems to be a big chance that Bitcoin will miss this opportunity to go beyond that level and that we might have to wait until 2025.
I am just wondering what are the most obvious factors why Bitcoin failed to clobbered the $100K prize and what it can take for it to finally succeed soon?
100K USD is a significant psychological target for investors, but honestly, I don't expect it to arrive too soon. The best scenario for me is for the BTC price to continue to be held within the 90K-100K USD range. This would drive funds into altcoins and we would have an altseason with double-digit percentage gains per day, similar to what we are seeing on the price charts of XRP, XLM, HBAR, and ADA.
Of course, if BTC can break 100K USD in December, I wouldn't refuse the opportunity to take partial profits on the BTC I'm holding. That's my plan for this season and I will stick to it to protect my capital and investment mindset.
It could not happen until it does. My speculation is that the message is sent to his fellow whales to sell at $100k price which price could dip to 85k. This will retrace back up to surpass 100k by February to hit 100k in time for Sailor's B-day 🎂 Yep I come up with that theory lol
FOMO is here though because big institutions are buying BTC to ride the pump of Trump's Bitcoin Reserve. Even altcoins are like pumping randomly.
Altcoins are pumping though.
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Since December is considered to be a low month for the cryptocurrency industry, there seems to be a big chance that Bitcoin will miss this opportunity to go beyond that level and that we might have to wait until 2025.
I am just wondering what are the most obvious factors why Bitcoin failed to clobbered the $100K prize and what it can take for it to finally succeed soon?
I really thought that it would reach that $100,000 this year, but when I saw the huge selling pressure on Binance back when we're only hundreds to a thousand dollars left before reaching it, I realized that many already positioned themselves to sell at that price.
It isn't there anymore, but I saw that there's a whopping 900+ BTC being positioned and just waiting to be sold at $100,000. Many are positioning themselves to sell at that price, and that's one reason why we failed to see Bitcoin reaching $100,000 when we are near to it already. Still, my prediction stands that we will see Bitcoin reaching $100,000 next year at the peak of the bull run (if there's a peak still. As for the factor that would help Bitcoin surpass that price, I believe new money would be helpful. I mean new investors; new set of money being invested into Bitcoin. That's one factor that I think.
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Sometimes I actually settle for the school of thought this these are actually manipulative actions by these big firms. Yes we agree that bitcoin is decentralised but like I've raised the discussion before, I think relatively share of power is definitely a possible flaw of decentralisation. Take the recent US election for example , Trump actually knew exactly what would happen if he won and how price would turn out.
At the point, we may only seem to be floating a couple thousand dollars away from hitting $100k but it's just a matter of one big firm buying another huge chunk of bitcoin.
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As of the moment there is no confirmation of Bitcoin's price going up because it still going down right now maybe in the coming days, weeks or months we will see a clear sign of it but we still have few weeks before Trump's official take over so maybe if that happen we might see Bitcoin hitting $100k or more.
The current Bitcoin price drop is like a preparation to fly higher, I believe it is because Donald Trump will be inaugurated next year. Now the Bitcoin price is at $96k and less than four thousand to reach $100k, that hope is there because we all know that Donald Trump has full support for Bitcoin and Cryptocurreny.
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As of the moment there is no confirmation of Bitcoin's price going up because it still going down right now maybe in the coming days, weeks or months we will see a clear sign of it but we still have few weeks before Trump's official take over so maybe if that happen we might see Bitcoin hitting $100k or more.
The current Bitcoin price drop is like a preparation to fly higher, I believe it is because Donald Trump will be inaugurated next year. Now the Bitcoin price is at $96k and less than four thousand to reach $100k, that hope is there because we all know that Donald Trump has full support for Bitcoin and Cryptocurreny.
Yes, whenever it is, we believe that the price of BTC will touch $100k and above. And it doesn't matter whether it will happen this month or next year. What is certain is that the price of BTC can be more than $100k. We are still patient enough to wait for it until next year, as we have been through for years.
If we look at the current market conditions, the price of BTC does seem quite sideays at between $94k-$98k, only today, the Bitcoin market seems to be slightly higher, even passing $99k again. The point is, sooner or later $100k will definitely be achieved.
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Finally after a few days of fluctuations, Bitcoin has reached $100k and it seems that buyers are extremely confident and more people in the world are using cryptocurrencies. This is a reminder for us to be vigilant as we watch the development of this asset and look at the possibilities and the dangers that face. This success also presents new possibilities for rational examination of strategies to investors.
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As of the moment there is no confirmation of Bitcoin's price going up because it still going down right now maybe in the coming days, weeks or months we will see a clear sign of it but we still have few weeks before Trump's official take over so maybe if that happen we might see Bitcoin hitting $100k or more.
The current Bitcoin price drop is like a preparation to fly higher, I believe it is because Donald Trump will be inaugurated next year. Now the Bitcoin price is at $96k and less than four thousand to reach $100k, that hope is there because we all know that Donald Trump has full support for Bitcoin and Cryptocurreny.
Yes, whenever it is, we believe that the price of BTC will touch $100k and above. And it doesn't matter whether it will happen this month or next year. What is certain is that the price of BTC can be more than $100k. We are still patient enough to wait for it until next year, as we have been through for years.
If we look at the current market conditions, the price of BTC does seem quite sideays at between $94k-$98k, only today, the Bitcoin market seems to be slightly higher, even passing $99k again. The point is, sooner or later $100k will definitely be achieved.
Bitcin has touched $103K today, so it won't be until next year that we see bitcoin hitting ATH $103K and many altcoins seem to be falling because maybe investors are focusing on raising bitcoin price to reach more than $100K.
It's better to observe the top altcoins to buy right now because we might see a correction, after bitcoin hits new ATh.
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Michael Saylor is planning to hold a $100K party come New Year's eve (https://www.cryptoglobe.com/latest/2024/11/michael-saylor-im-already-planning-the-100k-bitcoin-party-for-new-years-eve-at-my-house/) in case Bitcoin will be able to make beyond the psychological barrier of $100K which as of now stands at the $96K zone which is just less than $3K away from the prized goal.
Since December is considered to be a low month for the cryptocurrency industry, there seems to be a big chance that Bitcoin will miss this opportunity to go beyond that level and that we might have to wait until 2025.
I am just wondering what are the most obvious factors why Bitcoin failed to clobbered the $100K prize and what it can take for it to finally succeed soon?
I think that you could express a best opinion in your post. But if you also saw in cryptocurrency market, you could saw that bitcoin price is already up to $103k in this moment. I also believe that gradually bitcoin price is increase day by day. So if we want to stop investment in bitcoin, then i believe that it shouldn’t be correct decision for us. Because i believe that gradually bitcoin price is increase to $150k. Because i think that donald trump also support in bitcoin, so if bitcoin investors could hold bitcoin then it will be correct decision in cryptocurrency market.
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Michael Saylor is planning to hold a $100K party come New Year's eve (https://www.cryptoglobe.com/latest/2024/11/michael-saylor-im-already-planning-the-100k-bitcoin-party-for-new-years-eve-at-my-house/) in case Bitcoin will be able to make beyond the psychological barrier of $100K which as of now stands at the $96K zone which is just less than $3K away from the prized goal.
Since December is considered to be a low month for the cryptocurrency industry, there seems to be a big chance that Bitcoin will miss this opportunity to go beyond that level and that we might have to wait until 2025.
I am just wondering what are the most obvious factors why Bitcoin failed to clobbered the $100K prize and what it can take for it to finally succeed soon?
NOTE: Bitcoin just made it to the $100K land as of 12/05/2024 another historic event for all of us!
I will be happy if Michael Saylor send me a personal invitation to celebrate this great Bitcoin milestone. He is very positive about Btc, and love people who are very positive in live, determined to succeed.
As you see, we are no longer going to wait until 2025 for this great achievement, it is already happing, Bitcoin has blast past $100k mark today. This is great a joy and excitement all over the crypto community and it deserves to be celebrated even with Michael Saylor who has been one of the biggest Bitcoin believer.
Moreover, I think that Michael Saylor may become the richest crypto billionaires in the future.
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It happened only 2 days after OP creating this thread. Upcoming SEC chair is definitely the main reason here. Now we'll wait to see scale of Michael Saylor's party and who'll be invited.
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Doesn't that sound like a signal to his friends to sell at $100k?
the expected target of 100k$ should have been sold if their target was 100k$ but, after reaching the target it was increased to 150k$, is this what is called greed?
sometimes greed is what makes humans lose
but if you are sure you will reach 150k$ it's okay not to let go of the BTC you currently have or even keep it longer
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Doesn't that sound like a signal to his friends to sell at $100k?
the expected target of 100k$ should have been sold if their target was 100k$ but, after reaching the target it was increased to 150k$, is this what is called greed?
sometimes greed is what makes humans lose
but if you are sure you will reach 150k$ it's okay not to let go of the BTC you currently have or even keep it longer
So my suspicions are wrong after all. I guess Saylor and friends tend to keep the momentum up until bears.
If those people from Swan Bitcoin are right about the market and governments will keep buying Bitcoin, it would be right to keep watching the price goes up. 150k it is.
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I think the party is deserving. Wow everyone taught Bitcoin was a joke even myself I'm just amazed and speechless on how a crypto currency could be paying this much this is a motivation to doubters. Honestly if I was to know about Bitcoin when if first came out I won't be interested in it or if I had by now I would have sold them all but there were faithful HODLERS my big congratulations goes to them.
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Of course, everyone expects Bitcoin reaching $100k as quick as possible. However, we don't know when Bitcoin really reaches $100k. There is no way to know this, we only can analyze and predict it. But logically, it shouldn't be a very long time to wait for $100k because it is actually quite close to $100k.
It has reached now and could break through to $104k, but then it drops again with strong selling pressure.
We already know a lot of people who have already taken their profits when bitcoin's ATH exceeds $100k.
Now it is only necessary to wait at which price bitcoin will stabilize and the Altseason will also begin,
it is still quite early and we will see a bigger one.