[Speculation] Will Bitcoin breach $100k this month?

[pakhitheboss]

If nothing special happens in 2025 we still won't see the price hit $100k - the price of Bitcoin doesn't just sit and then start going up, there have to be something that will stimulate it - and like you said the ETF approval made us see a massive increase in price and if something similar happens come 2025 then there might be hope for 100k but if not we’ll just have to keep dwindling with our current price.

Bitcoin ETFs are the catalysts still driving the current price of Bitcoin. I do not see any surge in the demand but there is demand which is why the price is hovering around $60K. If Trump wins, we will see some high, but as you said earlier, the bull season may take some time after the win. I can only hear news related to the speculation that the Bitcoin price may go further down. As usual, we have to be patient and keep on having the positive mindset.

[Ricardo11]

The way Bitcoin is currently priced, it looks like it will take a few more days to break the 100k mark. Because so far Bitcoin is on the dumping. And currently the price of Bitcoin is 60K. Its current price movement suggests that it will take a few more days to pump. But we cannot say exactly how many days it will take. Now our only job is to buy as much as possible while the price is low. And wait for the real bull run.

[laijsica]

The way Bitcoin is currently priced, it looks like it will take a few more days to break the 100k mark. Because so far Bitcoin is on the dumping. And currently the price of Bitcoin is 60K. Its current price movement suggests that it will take a few more days to pump. But we cannot say exactly how many days it will take. Now our only job is to buy as much as possible while the price is low. And wait for the real bull run.

It seems that Bitcoin price is likely to move to more dumping levels which indicates more buying. You can increase your buying on more dips to increase your holdings. As an investor everyone wants to take buying opportunity during dumping price which we are seeing recently at $60k which is much lower than last ATH. If you have floating cash, now may be the best time to buy Bitcoin, although you may have to wait a little longer for this bull run. Your holdings should be arranged in such a way that your focus will be only until the price of Bitcoin reaches $100k. It recommends taking care of your holdings to determine the next target.

[Roseline492]

I have already given up on the $100k target this year, I don't really see any special event coming up that will make it happen again (except Trump becoming president, which will still take a lot of time before its impact is felt on it ) -  I remember back then when this thread was created and the movement of Bitcoin was moving up giving all of us hope that it would touch the 100k mark but now I feel its going to even touch 45k.

Including me I have totally remove my mind from expecting Bitcoin hitting $100k this year because the rate at which Bitcoin price is moving this period has not given any positive sign that anytime from now it will start retracing back uptrend, though just like you said if it was the time the market was on bullish I would have possibly expect the price to hit $100k or more but for now we cannot give ourselves false hope of the price reaching $100k.

Funny enough during the time Bitcoin price was moving very high some persons was even saying that the price must surpass $100k before the year runs out but now even they $100k that was argued about may not even be possible reaching before before the end of the year, so I think the best way is just to watch the price do what it does better.

[Baofeng]

The way Bitcoin is currently priced, it looks like it will take a few more days to break the 100k mark. Because so far Bitcoin is on the dumping. And currently the price of Bitcoin is 60K. Its current price movement suggests that it will take a few more days to pump. But we cannot say exactly how many days it will take. Now our only job is to buy as much as possible while the price is low. And wait for the real bull run.

What few more days? It will not go and zone from $60k->$100k in matter of days. It will take at least the end of the month to see where we at. We could be in the $80k, $90k or even $100k this December.

So still a long and hard grinding road for us in the next 6 months to see that we are in the 6 figures. On the other hand, take this opportunity accumulate and get more BTC in our wallet. There's not perfect time but today as the price is still hovering $60k and so it is still very cheap.

[Jamal Aezaz]

The way Bitcoin is currently priced, it looks like it will take a few more days to break the 100k mark. Because so far Bitcoin is on the dumping. And currently the price of Bitcoin is 60K. Its current price movement suggests that it will take a few more days to pump. But we cannot say exactly how many days it will take. Now our only job is to buy as much as possible while the price is low. And wait for the real bull run.

It is not a matter of days but it is a matter of months and the price is not easy to cross 100k$ in just a few days because crossing the limit of 73k$ has become difficult during current situations so I think we should wait for months not for days because if our hopes are limited to days then we will lose hope one day and will fail to get profit from our investment.

Current condition is only suitable for accumulation not for selling so if someone wants to sell then he should keep check on his profit and if he is in profit then selling at current worth is not a bad idea but if someone is selling at loss then his knowledge about Bitcoin is incomplete.

[armanda90]

It is not a matter of days but it is a matter of months and the price is not easy to cross 100k$ in just a few days because crossing the limit of 73k$ has become difficult during current situations so I think we should wait for months not for days because if our hopes are limited to days then we will lose hope one day and will fail to get profit from our investment.

Current condition is only suitable for accumulation not for selling so if someone wants to sell then he should keep check on his profit and if he is in profit then selling at current worth is not a bad idea but if someone is selling at loss then his knowledge about Bitcoin is incomplete.

Not easy for bitcoin reaching above $100k in short term regarding not stable yet in this month and difficulty break out above $73k behind the latest higher price break only $72k. Seems not only need one month waiting for bitcoin raising above $100k but also around three until four months later with bitcoin potential can break out the higher price or not behind many bad news happening recently in this month.
I scare with Mt.Gox issues refund on next month will make bitcoin drop again drastically or keep hold bitcoin at the higher price awhile until break out the new higher price reach last several months ago.

[|MINER|]

Yes, the deeper Bitcoin goes, the more opportunities we have to increase our investment.  Bitcoin price has seen a bit of a downward trend for a while and its price dropped as low as $58k but has rebounded above 60k.  Investing in Bitcoin is not high risk for us as its price can drop but not crash completely which is impossible to recover.  Bitcoin recovers quickly and ATH is higher than previous price so investing in Bitcoin is safe.

Bitcoin price is currently down from 61k to 60k. And according to your prediction, Bitcoin may go down to 58k, but I think this correction will not go down more than 59k, even then I think there is still an opportunity for those who invest weekly or monthly in Bitcoin for long term investment to increase the amount of adoption. Because I think before the entry of bitcoin bull season, these types of corrections are the last opportunity to adopt bitcoin at the lowest price.