Bitcoin Breaks Records: $90k Reached, $100k in Sight?

[Mate2237]

Saw a video while back where Trump was saying — if he's elected, he'll bring crypto friendly policies in US. Let's see if he sticks true to his words.

From the way bitcoin is flying right now I think it is part of compensations from Trump to the bitcoin community because bitcoin enthusiasts supported him very well in the election. I was surprised to see bitcoin hitting $93+k. And before this year will end. It will hit the $100k which people have been predicted since 2022. One thing I like about advance countries leaders or presidential candidates is that they have not abandoned their election promises. Unless the less onee that they have forgotten.

I am strongly believing that Trump administration will be a crypto friendly and Cryptocurrencies will do well in the ecosystem. I am also believing that Trump will invest in bitcoin massively. Let's wait and see what will happen after when he has taken over the mantle of leadership. But from look of things, bitcoin will do well in this administration.

[pawel7777]

Is anyone concerned with opinions that stock markets are on their last legs and are getting ripe for a big correction within the next few months?
Things were just too good recently and there has to be a balance in nature. i.e. S&P is up by 36% to it's record high and so is Dow Jones (+28% in the last year).

Do you think there's even a possibility that Bitcoin could continue to go up against the traditional markets? What would it take to shift investors' perception to make them start perceiving it as a store of value or a safe asset for unstable times, similar to gold?

[libert19]

In sight? It is more obvious now than ever that BTC is going to break $100K mark, I mean it may sound arrogant but I never doubted for a second that it wasn't going to do so even before this bull run started.

Bitcoin is at $93k plus and have broken the resistance of $90k today. It is possible for us to see $100k price before the end of November, imagine this anxiety. Nobody expected to see this price too quick but Trump winning the election made it possible.

I said just minutes ago in another comment that it's BTC just cycle repeating — i.e, sharp rise months after halving. We may deem certain events as cause but it's not correct.

[JoyMarsha]

Bitcoin has made history again surging to nearly $90000 and fueling speculation about its next milestone $100000. Cryptocurrency remarkable rally has been driven by institutional investment and  global adoption and growing confidence in its store of value potential. With its current momentum Bitcoin is poised to shatter $100000 barrier. Will it continue its upward trajectory?

Bitcoin may continue to show an upward movement in price till next year when the market becomes a full bull run. This year alone, Bitcoin may be reaching a new ATH of $100k at the year's end. By the first and second quarter of next year, Bitcoin may be given us a price of $150k and above as its new ATH. Who knows how bullish the market can be by next year

[KryptoBull]

Bitcoin may continue to show an upward movement in price till next year when the market becomes a full bull run. This year alone, Bitcoin may be reaching a new ATH of $100k at the year's end. By the first and second quarter of next year, Bitcoin may be given us a price of $150k and above as its new ATH. Who knows how bullish the market can be by next year

I share the same expectations: 100K USD in 2024 and 150K USD in 2025. If the market gains additional momentum for price increases, for example, if the US government officially and actively accumulates BTC, or tens of billions of dollars from global pension funds are ready to flow into the crypto market... then we could see 1 BTC = 250K USD or higher.

We usually have ATHs in Q4, so I think this will happen again and we will see BTC at ATH in Q4 next year, probably in November. All of 2025 will be an exciting time for us to focus on the market and take profits.

[pawel7777]

$100k by the end of the year is a low set bar, with good winds we could get there even by the end of November.
The main problem is that a nice, round number like this has a powerful psychological weight. There are tonnes of Bitcoin traders/investors who have their goals set at, or around $100k, creating a lot of resistance. But hopefully the greed will kick in and most of them will move their take profit orders to higher levels.

[Azharul]

Bitcoin has made history again surging to nearly $90000 and fueling speculation about its next milestone $100000. Cryptocurrency remarkable rally has been driven by institutional investment and  global adoption and growing confidence in its store of value potential. With its current momentum Bitcoin is poised to shatter $100000 barrier. Will it continue its upward trajectory?

Bitcoin may continue to show an upward movement in price till next year when the market becomes a full bull run. This year alone, Bitcoin may be reaching a new ATH of $100k at the year's end. By the first and second quarter of next year, Bitcoin may be given us a price of $150k and above as its new ATH. Who knows how bullish the market can be by next year

Bitcoin is also passing the bull run in this moment. So i think that in this time your opinion is very prefer. Because we know that bitcoin is one of the best valuable crypto in cryptocurrency market. I also believe that gradually bitcoin price is also increase. If we follow in cryptocurrency market we can see that bitcoin price is near in $100k. We also know that US president donald trump also support bitcoin, so every users in cryptocurrency market also expect bitcoin price will be hit $150k after one year.

[debra]

$100k by the end of the year is a low set bar, with good winds we could get there even by the end of November.
The main problem is that a nice, round number like this has a powerful psychological weight. There are tonnes of Bitcoin traders/investors who have their goals set at, or around $100k, creating a lot of resistance. But hopefully the greed will kick in and most of them will move their take profit orders to higher levels.

This almost happened even though we had high hopes that BTC would reach $100k, but it actually stopped at $99,655.50 based on CMC, and has not managed to break through $100k. Could it be that it was intentional not to reach that number? But if in December, it might happen if the uptrend continues, or if BTC will go sideways, maybe it will happen in Q1 2025. Well, let's just be patient, after all, the development of BTC prices so far has been very rapid and has made altcoins soar high on most altcoins too.

CMC BTC:
https://coinmarketcap.com/currencies/bitcoin/

[JoyMarsha]

Bitcoin may continue to show an upward movement in price till next year when the market becomes a full bull run. This year alone, Bitcoin may be reaching a new ATH of $100k at the year's end. By the first and second quarter of next year, Bitcoin may be given us a price of $150k and above as its new ATH. Who knows how bullish the market can be by next year

I share the same expectations: 100K USD in 2024 and 150K USD in 2025. If the market gains additional momentum for price increases, for example, if the US government officially and actively accumulates BTC, or tens of billions of dollars from global pension funds are ready to flow into the crypto market... then we could see 1 BTC = 250K USD or higher.

We usually have ATHs in Q4, so I think this will happen again and we will see BTC at ATH in Q4 next year, probably in November. All of 2025 will be an exciting time for us to focus on the market and take profits.

I don't believe that next year will be an exciting time for all of us because the market is unlikely to maintain a bullish trend throughout the year. We anticipate that the bullish momentum will occur primarily in the first and second quarters. After that, the market may experience a decline, similar to a bearish market. To protect your profits in crypto, it's best to consider selling in the first quarter, as Bitcoin and many altcoins are expected to reach new ATH during that period. Holding out for further price increases may lead to disappointment, as it can be viewed as being too greedy.

[MUGNIA]

It is undeniable that BTC will increase to the target of 100k$, if not this year, maybe next year because there are many factors that support BTC to 100k$ later, support from Trump alone has provided a significant increase at this time, especially if Trump inaugurates BTC as a digital currency

[enwi]

It is undeniable that BTC will increase to the target of 100k$, if not this year, maybe next year because there are many factors that support BTC to 100k$ later, support from Trump alone has provided a significant increase at this time, especially if Trump inaugurates BTC as a digital currency

That is why BTC bullish potential up to $100K is becoming visible as global demand and support expand. Market confidence can be effectively driven with the help of favorable policies and the recognition from such senior officials as Trump. We still require a good investment plan that we have to ensure dwells with the available market trends to maximise opportunity as well as get the maximum possible profit.

[Crypto Library]

That is why BTC bullish potential up to $100K is becoming visible as global demand and support expand. Market confidence can be effectively driven with the help of favorable policies and the recognition from such senior officials as Trump. We still require a good investment plan that we have to ensure dwells with the available market trends to maximise opportunity as well as get the maximum possible profit.

I think the real game of the Bitcoin market has not started yet. I think these are just showing the trailor. Because the positive news that is spreading so far is still yet to have its effect and since Donald Trump has been elected as the President of the United States of America, as soon as he takes office, he will take many decisions related to Crypto Currency and for this we will have to wait at least two months and later when we see the legal and official steps from the USA about crypto or bitcoin, more positive news will spread in the market, then there will be a global adoption pressure in the bitcoin market as well on the altcoin market which will start the real game of the market of this season.

[Asiska02]

Bitcoin has made history again surging to nearly $90000 and fueling speculation about its next milestone $100000. Cryptocurrency remarkable rally has been driven by institutional investment and  global adoption and growing confidence in its store of value potential. With its current momentum Bitcoin is poised to shatter $100000 barrier. Will it continue its upward trajectory?

Bitcoin may continue to show an upward movement in price till next year when the market becomes a full bull run. This year alone, Bitcoin may be reaching a new ATH of $100k at the year's end. By the first and second quarter of next year, Bitcoin may be given us a price of $150k and above as its new ATH. Who knows how bullish the market can be by next year

We cannot say how bullish next year can be for bitcoin but it may seem that the bull run is just starting as a lot of people are still optimistic on its price going very far above $100K. We have been hovering around $90-98K for some weeks now after it recorded a new all time high. The bullish market is still looking strong and breaking the resistance at $99K will just be a matter of soon and we record the ever first time bitcoin is reading in six figures price value since its inception. Even  as I write now, bitcoin is on a bullish trend which may or may not break the resistance to hit $100K.