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Author Topic: BTC Prediction - $100k or Below $20k?  (Read 19965 times)

Offline taufik123

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Re: BTC Prediction - $100k or Below $20k?
« Reply #240 on: September 15, 2024, 11:56:15 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.
Everyone has their own goals, but the $100k target is still reasonable and will happen soon.
I also imagine that bitcoin will soon break through the price of $100k and that it will be a new history for bitcoin to start an even bigger rally.

Buying gradually and holding back for the long term must be done and don't be pessimistic about the target that must be achieved, it will also happen later you just have to wait.

If the reality is that the price is still going down, then it is necessary to buy it back with the reserve money that you have, it will give you more Bitcoin at a cheaper price.

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Re: BTC Prediction - $100k or Below $20k?
« Reply #240 on: September 15, 2024, 11:56:15 PM »

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Re: BTC Prediction - $100k or Below $20k?
« Reply #241 on: September 15, 2024, 11:57:33 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.
Why do you assume there will be another correction in Bitcoin price? Bitcoin price looks a bit sideways, it is only around $59k - $60k in the last 2 days. It is not the right time to buy if you think we will experience another bullish bearish. The right time should be at the correction time, when the price is dumped. Better to keep your money now, do DCA when there is another dump.

I also target to sell bitcoin and my other coins next year.
I guess it is because you see the prediction of the peak bullish season in the next year. However, it is true that 2025 is ideally the peak time if we consider the Bitcoin bullish history. I also will sell all our coins in the next year. Few of my coins will be sold at the end of this year.

« Last Edit: September 17, 2024, 11:21:10 PM by alltalk »
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Re: BTC Prediction - $100k or Below $20k?
« Reply #241 on: September 15, 2024, 11:57:33 PM »

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Offline Legion

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Re: BTC Prediction - $100k or Below $20k?
« Reply #242 on: September 17, 2024, 06:11:28 AM »
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.
Why do you assume there will be another correction in Bitcoin price? Bitcoin price looks a bit sideways, it is only around $59k - $60k in the last 2 days. It is not the right time to buy if you think we will experience another bullish bearish. The right time should be at the correction time, when the price is dumped. Better to keep your money now, do DCA when there is another dump.
I guess it is because you see the prediction of the peak bullish season in the next year. However, it is true that 2025 is ideally the peak time if we consider the Bitcoin bullish history. I also will sell all our coins in the next year. Few of my coins will be sold at the end of this year.
However, if the price of Bitcoin remains in a relatively flat space it is possible that the market is awaiting the next momentum. It will be advisable to wait if you consider a correction is around the corner. With this product, you can get a better price when the decline happens, and this can go a long way in making more profits especially when the stock market rises again when you are dollar cost averaging. Consequently, it can be reasonable to expect a correction and wait for the proper moment to buy stocks.

Offline alltalk

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Re: BTC Prediction - $100k or Below $20k?
« Reply #243 on: September 17, 2024, 11:26:58 PM »
However, if the price of Bitcoin remains in a relatively flat space it is possible that the market is awaiting the next momentum. It will be advisable to wait if you consider a correction is around the corner. With this product, you can get a better price when the decline happens, and this can go a long way in making more profits especially when the stock market rises again when you are dollar cost averaging. Consequently, it can be reasonable to expect a correction and wait for the proper moment to buy stocks.
Bitcoin has increased its price today. It jumped to $61k, it was about $57k yesterday.
However, it looks still difficult to reach $65k. If it fails to reach $65k, I think it will drop again below $60k.
Sure, it is better to wait for another correction if you are not really confident to buy at the current price.

Stock market? Do you mean to switch our funds to stock market?
I think it is not really necessary. I myself mostly divide my funds, I have a certain allocation for another business like stock market. I think we don't need to move our funds there.

CMIIW
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Re: BTC Prediction - $100k or Below $20k?
« Reply #244 on: September 19, 2024, 11:41:05 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.

If we all believe that bitcoin is going to break the all time high and will eventually make the market go a long way from this point, we don’t need to keep asking questions on when and how the market is going to reach that point. It may be due to the less optimism or uncertainty of the market that’s making us to ask this too many questions about the price we’re expecting it to rise to. The market is very unpredictable and we can just end up guessing and guessing on what the next price could be, but it’ll be hard that we make a big prediction that’s close to the exact price the price will be when it reaches the all time high value.

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Re: BTC Prediction - $100k or Below $20k?
« Reply #245 on: September 20, 2024, 05:43:21 AM »
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.

If we all believe that bitcoin is going to break the all time high and will eventually make the market go a long way from this point, we don’t need to keep asking questions on when and how the market is going to reach that point. It may be due to the less optimism or uncertainty of the market that’s making us to ask this too many questions about the price we’re expecting it to rise to. The market is very unpredictable and we can just end up guessing and guessing on what the next price could be, but it’ll be hard that we make a big prediction that’s close to the exact price the price will be when it reaches the all time high value.
agree with you, It is extremely difficult to predict the exact price of a coin like Bitcoin, we can only hope for an asset like Bitcoin that it will break all time highs, but no one can predict exactly when it will happen. Our approach should be to keep an eye on market movements, and focus on long-term holdings.
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Re: BTC Prediction - $100k or Below $20k?
« Reply #246 on: September 20, 2024, 03:28:43 PM »
agree with you, It is extremely difficult to predict the exact price of a coin like Bitcoin, we can only hope for an asset like Bitcoin that it will break all time highs, but no one can predict exactly when it will happen. Our approach should be to keep an eye on market movements, and focus on long-term holdings.

Yeah, what you said is totally true. Just patiently accumulating it - is key to success, no matter the price. You will save a lot of nerves by doing so.

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Re: BTC Prediction - $100k or Below $20k?
« Reply #246 on: September 20, 2024, 03:28:43 PM »


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Re: BTC Prediction - $100k or Below $20k?
« Reply #247 on: September 20, 2024, 07:21:05 PM »
agree with you, It is extremely difficult to predict the exact price of a coin like Bitcoin, we can only hope for an asset like Bitcoin that it will break all time highs, but no one can predict exactly when it will happen. Our approach should be to keep an eye on market movements, and focus on long-term holdings.

Yeah, what you said is totally true. Just patiently accumulating it - is key to success, no matter the price. You will save a lot of nerves by doing so.
If you are really that goind for long term then it would really be that recommended that you should really that invest and accumulate as much as you could, no matter on whats the current price
condition or time on the moment that you will really be trying out to do so. The key on here is that you should really be that investing into the amount that you could afford to lose so that
on the time or moment that price would be going south then you wont really be worrying too much. The key on here is about on how you do know much about the volatility on what you had invested on which on the time or moment that it do happens those things then you wont be finding yourself that become impulsive.

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Re: BTC Prediction - $100k or Below $20k?
« Reply #248 on: September 20, 2024, 11:10:29 PM »
If you are really that goind for long term then it would really be that recommended that you should really that invest and accumulate as much as you could, no matter on whats the current price
Because we believe that Bitcoin is that valuable, has increasingly good potential in the future. Even if it's only for the bullrun, it's possible and it's still worth it if you enter now because the price is still below ATH.

But if you want to enter for a longer time, it's okay too. Because after all, Bitcoin's journey is still long. At least, it's still very worth it for the long term, whether it's for the bullrun season later or a few years to come.

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Re: BTC Prediction - $100k or Below $20k?
« Reply #249 on: September 20, 2024, 11:13:03 PM »
If you are really that goind for long term then it would really be that recommended that you should really that invest and accumulate as much as you could, no matter on whats the current price
Because we believe that Bitcoin is that valuable, has increasingly good potential in the future. Even if it's only for the bullrun, it's possible and it's still worth it if you enter now because the price is still below ATH.

But if you want to enter for a longer time, it's okay too. Because after all, Bitcoin's journey is still long. At least, it's still very worth it for the long term, whether it's for the bullrun season later or a few years to come.
If I may suggest, if you want to buy now, you should wait for the bitcoin price to drop again, because bitcoin will always experience increases and decreases. We buy when the price drops and hold until next year. But if you want to buy for long-term holding for several more years, you should wait for the bearish season 2026.

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Re: BTC Prediction - $100k or Below $20k?
« Reply #250 on: September 21, 2024, 11:59:20 PM »
If I may suggest, if you want to buy now, you should wait for the bitcoin price to drop again, because bitcoin will always experience increases and decreases. We buy when the price drops and hold until next year. But if you want to buy for long-term holding for several more years, you should wait for the bearish season 2026.
Why we must wait for the Bitcoin to drop again? Does Bitcoin possibly drop again its price? And what price to buy again Bitcoin?
It is true that there will be always up and down the price. But we don't really know the possible price in the next few days or months. It is not easy to determine in what price for buying again.

Agree, the best time to buy again is in 2026. If we analyze the 4 years cycle, the next bearish season will be in 2026-2027. But we must focus on planning to sell our Bitcoin in the current cycle. Just try to determine which month in 2025 to sell the Bitcoin.


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Re: BTC Prediction - $100k or Below $20k?
« Reply #251 on: September 22, 2024, 07:05:15 AM »
If you are really that goind for long term then it would really be that recommended that you should really that invest and accumulate as much as you could, no matter on whats the current price
Because we believe that Bitcoin is that valuable, has increasingly good potential in the future. Even if it's only for the bullrun, it's possible and it's still worth it if you enter now because the price is still below ATH.

But if you want to enter for a longer time, it's okay too. Because after all, Bitcoin's journey is still long. At least, it's still very worth it for the long term, whether it's for the bullrun season later or a few years to come.
If I may suggest, if you want to buy now, you should wait for the bitcoin price to drop again, because bitcoin will always experience increases and decreases. We buy when the price drops and hold until next year. But if you want to buy for long-term holding for several more years, you should wait for the bearish season 2026.
You said well but in this case it seems to me that an investor never knows when bitcoin price will be bullish or bearish. But those who have been with the Bitcoin market for a long time have good experience about it. There are many investors who wait for bearish but at that moment bitcoin price turn bullish and many times think bitcoin price will go up but instead it turns down. This type of situation is often seen in every investor's view. The most suitable solution to get rid of this situation is to take DCA strategy. This will enable the investor to be safe from both bearish and bullish sides.

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Re: BTC Prediction - $100k or Below $20k?
« Reply #252 on: September 22, 2024, 11:29:09 PM »
agree with you, It is extremely difficult to predict the exact price of a coin like Bitcoin, we can only hope for an asset like Bitcoin that it will break all time highs, but no one can predict exactly when it will happen. Our approach should be to keep an eye on market movements, and focus on long-term holdings.
There is no way to predict very accurately. We only can predict with no guarantee. Even Bitcoin price also can't be predicted because it can change at any time. We only can guess the possible price in the future by analyzing the fundamental aspects and the price history in the past. These are 2 main aspects that people mostly learn to determine the possible price of a certain coin. Sure, we must also keep updating our information about the current price movement and its trends in the market.

If we are holding for a long term, we don't really need to feel worried about the current price. We just need to hold potential coins, mostly the top 10 coins. If we do this, it will be quite safe for us.


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Re: BTC Prediction - $100k or Below $20k?
« Reply #253 on: September 22, 2024, 11:49:26 PM »
Quote
BTC Prediction - $100k or Below $20k?
But, is there anyone somewhere expecting the BTC price to drop back to $20k? I think this is an upward movement till possible $100k or $150k, why are there predictions backwards to $20k. To me, I'm not sure we are seeing anything 20k this year and even till the second quarter of next year. Till when the bear market will come.
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Re: BTC Prediction - $100k or Below $20k?
« Reply #254 on: September 23, 2024, 07:22:48 PM »
Quote
BTC Prediction - $100k or Below $20k?
But, is there anyone somewhere expecting the BTC price to drop back to $20k? I think this is an upward movement till possible $100k or $150k, why are there predictions backwards to $20k. To me, I'm not sure we are seeing anything 20k this year and even till the second quarter of next year. Till when the bear market will come.

I don’t even think bitcoin will ever go back to that price again, not now and not in the future again. There are some price that naturally, you know that bitcoin will not even retrace or been hit by negative news to make it go back to that price it has traded in the past before. $20K is such that number and from this point, we should be talking about how bitcoin will hit $100K or above by next year.

 

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