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Author Topic: BTC Prediction - $100k or Below $20k?  (Read 19860 times)

Offline JoyMarsha

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Re: BTC Prediction - $100k or Below $20k?
« Reply #225 on: September 05, 2024, 11:30:21 PM »
Q3 of 2025 could seems to be very a good year but if we don't fill our bags this very year or moment we could still miss out because by then if the start making that very wave we would see that we have missed it and it would be good we join the train to hold enough volume while they market is still moving very low now.
This is another good time for someone to focus more on the accumulation of Bitcoin because the moment this correction stage of Bitcoin passes, it will take long for someone to see it again.

For me, I don't think I would wait that long to Q3 of 2025 before selling my Bitcoin holdings for profits, I would like to sell between November till March, depending on how the market turn out to be. If bitcoin should get to $100k, I may like to

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Re: BTC Prediction - $100k or Below $20k?
« Reply #225 on: September 05, 2024, 11:30:21 PM »

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Offline Jating

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Re: BTC Prediction - $100k or Below $20k?
« Reply #226 on: September 05, 2024, 11:34:53 PM »
I feel like there is no "max" for the price it can be, not saying that it is impossible but it is definitely clear that we can be whatever we want, there isn't really a limit to it. For example if I say that we can be 100k this year, that is a true statement, it doesn't say we will be, it says we can be, and because of that I think we should always have high hopes for bitcoin. The price could also drop too there isn't any mistakes there, of course it can drop, but likely result is that we are going to see it grow higher. This is why we should consider how much higher it will get and that would make us hold better.

And that is why $100k is a good barometer price for us as this could be just the initial price in this bull run and then we will see how far it can go or what ranges we will see as there are no ceiling for this bull run.

But 5 months for the halving, still nothing happens though, I mean I'm not saying that it's going to be bearish. But we should be patience as our goal is still beyond reach if we look at it. We all know though that what we need is one more trigger point, it could be the US election result in November that might start the parabolic rise before the end of the year that will continue to spill in 2025 when the US president official sits in the White House.
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Re: BTC Prediction - $100k or Below $20k?
« Reply #226 on: September 05, 2024, 11:34:53 PM »

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Offline SmartGold01

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Re: BTC Prediction - $100k or Below $20k?
« Reply #227 on: September 06, 2024, 08:48:57 PM »
Sure they both works interchangeably where if the correction comes in a very long periods just as the market has hold itself for within the price of 49k to 65k for about 3 weeks plus if I am not mistakenly. Maybe when the market pushes it goes very higher than ever expected, but this year is a no go area for price because it has showed the strength of the market and will dangle and meddle within 66k max for the price and the year could sharply run out.
Pump and dump will always happen in the market but now I see the dump more dominates the market trend. Even if I know September is not a good time for Bitcoin but it looks like very hard for Bitcoin to increase consistently. We are getting far from the ATH ($73k), we looks like to drop again to $50k. Yesterday, the lowest price $56k, today it is $55k. It is not impossible if Bitcoin to be $49k again in the near future. However, we can understand that we are in red market month. We will go to the green market anymore after September ends. Yes, I also hope we can see Bitcoin around $65k - $66k soon.
I don't just expect the month of September to be positive in bitcoin because it would surely follow the month of August and if you look from history you would understand that both and next aren't that favorable months for bitcoin to moon.
But however, I can't really be sure because anything is possible in the market and we might feels that what we think not gonna happened but it would surprised us how the price gonna change and make wave.

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Re: BTC Prediction - $100k or Below $20k?
« Reply #228 on: September 06, 2024, 09:28:38 PM »
I don't just expect the month of September to be positive in bitcoin because it would surely follow the month of August and if you look from history you would understand that both and next aren't that favorable months for bitcoin to moon.
But however, I can't really be sure because anything is possible in the market and we might feels that what we think not gonna happened but it would surprised us how the price gonna change and make wave.

Here's the detailed view of the performances of Bitcoin on a monthly basis for the past 11 years.

I will agree with what you said that Bitcoin for this month will not be a bullish month just because by looking at the history, Bitcoin's average return for the month of September for the past 11 years is -4.81%. Anything can happen still like you said so who knows. We're just entering the first week of the month, and there are 3 weeks more. We might see Bitcoin skyrocketing in the final week of the month before entering the bull run. :D

Anyway, for the remaining 3 months of the year, I expect Bitcoin and the whole crypto in general to be more bullish, and we might see the start of the bull run already during those months. :D The final 3 months of the years 2016 and 2020 are all in green as seen in the picture so.... :)

Offline SmartGold01

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Re: BTC Prediction - $100k or Below $20k?
« Reply #229 on: September 06, 2024, 09:59:12 PM »
I don't just expect the month of September to be positive in bitcoin because it would surely follow the month of August and if you look from history you would understand that both and next aren't that favorable months for bitcoin to moon.
But however, I can't really be sure because anything is possible in the market and we might feels that what we think not gonna happened but it would surprised us how the price gonna change and make wave.

Here's the detailed view of the performances of Bitcoin on a monthly basis for the past 11 years.

I will agree with what you said that Bitcoin for this month will not be a bullish month just because by looking at the history, Bitcoin's average return for the month of September for the past 11 years is -4.81%. Anything can happen still like you said so who knows. We're just entering the first week of the month, and there are 3 weeks more. We might see Bitcoin skyrocketing in the final week of the month before entering the bull run. :D

Anyway, for the remaining 3 months of the year, I expect Bitcoin and the whole crypto in general to be more bullish, and we might see the start of the bull run already during those months. :D The final 3 months of the years 2016 and 2020 are all in green as seen in the picture so.... :)
Judging from the above picture you share there is every likelihood for the month of October-December to be bearish because I didn't see any signs of bull in the previous. So without us getting fully into that month we can't fully give expression on what that would surely ends with, but however it's still predictable but we can't give exact results because the market is extremely volatile and could caused serious dip or increase within any slightest move.

Offline UNIVERSE

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Re: BTC Prediction - $100k or Below $20k?
« Reply #230 on: September 06, 2024, 10:19:30 PM »
I don't just expect the month of September to be positive in bitcoin because it would surely follow the month of August and if you look from history you would understand that both and next aren't that favorable months for bitcoin to moon.
But however, I can't really be sure because anything is possible in the market and we might feels that what we think not gonna happened but it would surprised us how the price gonna change and make wave.
Yes, September is following the bad time for Bitcoin in August. We can see ourselves that there is no big pump or increase of Bitcoin price until now. Instead of raising to $70k again, the price of Bitcoin looks to drop again below $50k. Honestly, I feel something bad with Bitcoin price in this month.

Sure, everything is possible. It is not impossible if we have red market in the early of the month but we have green market at the end of the month. Even if we are experiencing bad condition in Bitcoin price now, there is still hope for a better price at the end of this month. I hope Bitcoin price can be above $60k again at least.


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Re: BTC Prediction - $100k or Below $20k?
« Reply #231 on: September 06, 2024, 10:29:23 PM »
Its totally understandable to have questions about this situation, you can't possibly know whats going to happen, you are just forced to think that you are going to just have to make a guess. The good news is that long term is almost always good, maybe it would be bad because for years you would have to hold, but in the end its good at all times and we break ATH eventually no matter what. Short term is questionable and yes you may not have any idea what could happen but that's fine, we just need to consider this to be normal to not know whats going to happen, so do not have a worry.

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Re: BTC Prediction - $100k or Below $20k?
« Reply #231 on: September 06, 2024, 10:29:23 PM »


Offline SmartGold01

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Re: BTC Prediction - $100k or Below $20k?
« Reply #232 on: September 06, 2024, 11:02:40 PM »
I don't just expect the month of September to be positive in bitcoin because it would surely follow the month of August and if you look from history you would understand that both and next aren't that favorable months for bitcoin to moon.
But however, I can't really be sure because anything is possible in the market and we might feels that what we think not gonna happened but it would surprised us how the price gonna change and make wave.
Yes, September is following the bad time for Bitcoin in August. We can see ourselves that there is no big pump or increase of Bitcoin price until now. Instead of raising to $70k again, the price of Bitcoin looks to drop again below $50k. Honestly, I feel something bad with Bitcoin price in this month.

Sure, everything is possible. It is not impossible if we have red market in the early of the month but we have green market at the end of the month. Even if we are experiencing bad condition in Bitcoin price now, there is still hope for a better price at the end of this month. I hope Bitcoin price can be above $60k again at least.
We may likely see more dip if following by the calendar and how the market keeps reacting to the subsequent years after having or before halving you would see that from month of August to November is not always a favorable month for bitcoin price, so I have already shoot my doors for thinking about increased within this period instead I would spare the funds with me to do DCA to ready for the rally coming up soon.

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Re: BTC Prediction - $100k or Below $20k?
« Reply #233 on: September 07, 2024, 02:23:38 AM »
I don't just expect the month of September to be positive in bitcoin because it would surely follow the month of August and if you look from history you would understand that both and next aren't that favorable months for bitcoin to moon.
But however, I can't really be sure because anything is possible in the market and we might feels that what we think not gonna happened but it would surprised us how the price gonna change and make wave.
Yes, September is following the bad time for Bitcoin in August. We can see ourselves that there is no big pump or increase of Bitcoin price until now. Instead of raising to $70k again, the price of Bitcoin looks to drop again below $50k. Honestly, I feel something bad with Bitcoin price in this month.

Sure, everything is possible. It is not impossible if we have red market in the early of the month but we have green market at the end of the month. Even if we are experiencing bad condition in Bitcoin price now, there is still hope for a better price at the end of this month. I hope Bitcoin price can be above $60k again at least.
We may likely see more dip if following by the calendar and how the market keeps reacting to the subsequent years after having or before halving you would see that from month of August to November is not always a favorable month for bitcoin price, so I have already shoot my doors for thinking about increased within this period instead I would spare the funds with me to do DCA to ready for the rally coming up soon.
the steps you take are good if you prepare funds for DCA because it is not certain that the price of bitcoin will improve in November, it could be that next year we will see bitcoin increase. so prepare ourselves and start planning a strategy that suits our financial capabilities, because the crypto market is difficult to predict.

Offline SmartGold01

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Re: BTC Prediction - $100k or Below $20k?
« Reply #234 on: September 07, 2024, 09:49:19 AM »
I don't just expect the month of September to be positive in bitcoin because it would surely follow the month of August and if you look from history you would understand that both and next aren't that favorable months for bitcoin to moon.
But however, I can't really be sure because anything is possible in the market and we might feels that what we think not gonna happened but it would surprised us how the price gonna change and make wave.
Yes, September is following the bad time for Bitcoin in August. We can see ourselves that there is no big pump or increase of Bitcoin price until now. Instead of raising to $70k again, the price of Bitcoin looks to drop again below $50k. Honestly, I feel something bad with Bitcoin price in this month.

Sure, everything is possible. It is not impossible if we have red market in the early of the month but we have green market at the end of the month. Even if we are experiencing bad condition in Bitcoin price now, there is still hope for a better price at the end of this month. I hope Bitcoin price can be above $60k again at least.
We may likely see more dip if following by the calendar and how the market keeps reacting to the subsequent years after having or before halving you would see that from month of August to November is not always a favorable month for bitcoin price, so I have already shoot my doors for thinking about increased within this period instead I would spare the funds with me to do DCA to ready for the rally coming up soon.
the steps you take are good if you prepare funds for DCA because it is not certain that the price of bitcoin will improve in November, it could be that next year we will see bitcoin increase. so prepare ourselves and start planning a strategy that suits our financial capabilities, because the crypto market is difficult to predict.
Yeah bitcoin price or cryptocurrency prices aren't something to be sure of rather it's important to prepare ourselves much more better waiting for the next rally because, if we don't still prepare ourselves we would still regret in time to come while the market will be touching 75-100k price and every other cryptocurrency increasing badly. At this point the best solution to the market is DCA because with it you wouldn't have to look at how low it's currently.

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Re: BTC Prediction - $100k or Below $20k?
« Reply #235 on: September 07, 2024, 04:12:38 PM »

Yeah bitcoin price or cryptocurrency prices aren't something to be sure of rather it's important to prepare ourselves much more better waiting for the next rally because, if we don't still prepare ourselves we would still regret in time to come while the market will be touching 75-100k price and every other cryptocurrency increasing badly. At this point the best solution to the market is DCA because with it you wouldn't have to look at how low it's currently.
I see the price of bitcoin is likely to fall again because there is no good news that will make the price of bitcoin go up, I agree that we should make purchases using the DCA method while waiting for the market to improve again. I also target to sell bitcoin and my other coins next year.

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Re: BTC Prediction - $100k or Below $20k?
« Reply #236 on: September 07, 2024, 06:16:25 PM »
I see the price of bitcoin is likely to fall again because there is no good news that will make the price of bitcoin go up, I agree that we should make purchases using the DCA method while waiting for the market to improve again. I also target to sell bitcoin and my other coins next year.
Bitcoin got fall again until reach most cheapest price since make new ATH on last four month after drooping until $52k last night. I don't sure with bitcoin prediction will up to $100k in short time because easily how correction without any bad news happening.
Set up your target for selling bitcoin next years seems realistic because left few months in this year seems difficult for bitcoin breaking out and reach most higher price or make another ATH price. Keep accumulate during have opportunity with bitcoin get correction every time is better than expected bitcoin hit above $100k in this year.

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Re: BTC Prediction - $100k or Below $20k?
« Reply #237 on: September 07, 2024, 11:39:28 PM »
I see the price of bitcoin is likely to fall again because there is no good news that will make the price of bitcoin go up, I agree that we should make purchases using the DCA method while waiting for the market to improve again. I also target to sell bitcoin and my other coins next year.
Besides there is no good news, we have some bad news as well. And if we consider the Bitcoin monthly return, September isn't a good month for Bitcoin. So, it makes sense if Bitcoin price tends to drop in this month. But I think we don't need to feel so worried because there should be good months after bad months. We experienced bad market in August - September, there should be green market in the next 3 months. If we have funds, it is good to buy now, Bitcoin price is quite cheap now. Sure, we all target to sell the Bitcoin in the next year.


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Re: BTC Prediction - $100k or Below $20k?
« Reply #238 on: September 11, 2024, 08:48:02 PM »
It’s totally understandable to have questions about this situation, you can't possibly know whats going to happen, you are just forced to think that you are going to just have to make a guess. The good news is that long term is almost always good, maybe it would be bad because for years you would have to hold, but in the end its good at all times and we break ATH eventually no matter what.

All time high is something that is meant to be broken at every cycle, it is very important to know that the all time high it will reach after breaking the previous all time high is not certain and will just remain a speculative value. It is always good to have such discussions to hear other people’s view about what the price of bitcoin will be in the future based on what the market conditions is given.

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Short term is questionable and yes you may not have any idea what could happen but that's fine, we just need to consider this to be normal to not know whats going to happen, so do not have a worry.

Short term value or price predictions is meant for the traders who just want to make money out of the market at any point in time. They also consider many factors including market conditions before they’re able to make a decision on how to take the trades to be profitable in them.

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Re: BTC Prediction - $100k or Below $20k?
« Reply #239 on: September 11, 2024, 09:52:09 PM »
Bitcoin going to 100k is still my way to go, I do not understand people who fear it so much. Don't be so pessimistic, stop caring about the potential downfall that will never happen, and start thinking about what you are going to do. I think its going to end up being quite great and we are going to get a great result out of it as well. I believe that 100k is only the start, we are going to get a lot higher than that eventually, maybe not right away but it will definitely peak at 500k+ eventually and we should be considering that as a good way of looking at what we can do with it, just keep holding it.

 

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